Establishment of the foreign company with 100% ownership Types of companies 1- Establishment of a limited liability company, 2- Establishing a joint venture company 3- Establishment of a joint stock company
Limited Liability Company
It is established by one or more persons of a natural or legal capacity, and its liability is independent of the financial disclosure of each partner or owner thereof, and the company is solely responsible for the debts and obligations arising from it or arising from its activity, and neither the owner nor the partner therein shall be responsible for these debts and obligations except to the extent of his share in the capital.
Establishment of a joint venture company
It is established by two or more natural or legal persons, who shall be personally responsible for all their funds and jointly for the company's debts and obligations, and the partner shall acquire the status of a merchant.
