Again, this kind of company structure work for only UAE nationals. This type of company consist two type of partners one and more joint partner who is responsible with all money for the company and another is –commendams one or more who shall not be liable for the liabilities of the company apart from to the value of his share in the capital.

In this type of Public Shareholding Company or private limited company, The Chairman and majority of the directors must be UAE nationals. And also minimum 51% of the shares should hold by the Emirates. In such companies a shareholder's responsibility is limited to the amount of shares they hold. At least AED 10 million (US $2,724,796) required to start a Public share holding company with a nominal face value of AED1-100,and for a insurance and investment companies is AED 25 million and AED 40 million for a banking entity. And other necessities for set up a private limited company is preparation of a organizers agreement, a prospectus or invitation for public subscription supported by an overall business plan or feasibility study and an auditors certificate, a due diligence survey, a memorandum and articles of association. A PJSC must have at least 10 founder members and its management should be vested in a board of directors consisting of a minimum of three to a maximum of fifteen persons whose term of office may not exceed three years. The founder members may only hold 35% of the share capital, as 65% is required to be offered to the public. Companies engaged in banking, insurance or financial activities can be run as public share holding companies.