mainland company formation in dubai
How many persons is required for formation of company?
The number of persons required for the formation of a company varies depending on the jurisdiction where the company is established. In some jurisdictions, a minimum of one person may be required to establish a company, while in others, a minimum of two people may be required. Additionally, the type of company being formed can also affect the number of people needed, such as a partnership or a corporation.
What is the purpose of company formation?
The goal of creating a company is to carry out business activities lawfully and efficiently, while safeguarding the owners from liability and offering a separate business entity that can own property, engage in contracts, and carry out business transactions.