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? 

By: Abu Dhabi SME Hub
Company

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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