Quiz: Legal & regulatory – Are you ready to incorporate your business in the UAE? | AD SME

Quiz: Legal & regulatory – Are you ready to incorporate your business in the UAE? 

The UAE corporate law regulates the governance, finance, and power of corporations. 

Every emirate has its basic corporate code, while Free-trade zones are governed by their own framework of regulations.

But in addition to local regulations, there are some legal terms to be aware of before incorporating a company.

Do you have a clear understanding of all of these details? Take the quiz to find out!

Before starting a business, you should craft a solid founders’ agreement. What is that document?

1 / 8

Your company goals should be clearly stated and defined in the founders’ agreement. True or False?

2 / 8

Before receiving an investment, drafting clear term sheets is critical. True or false?

3 / 8

Any term sheet should consist of three main sections:

4 / 8

In the UAE, a company can be formed in any of the following three jurisdictions:

5 / 8

What is the main difference between a free-trade zone and mainland company set up?

6 / 8

To set up a business on mainland UAE, you should:

7 / 8

The following is true about offshore company setup:

8 / 8

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