Thinking of business setup in Yemen? Enterworld is the trusted partner to all your company registration needs. With experience of empowering over thousands of business owners and entrepreneurs globally, we ensure a smooth and compliant business setup in Yemen for you! We’ve successfully registered 500+ companies in Yemen.
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Enterworld offers a simplified and straightforward process for company formation in Yemen.
2 to 4 Weeks
Company Registration
No
Travel Required?
100%
Foreign Ownership
Yes
Resident Director
SPecial offer
Company registration in Yemen as a limited liability company is a common structure that allows commercial business activities. In this structure the liability is only toward the amount you have invested in the company and your personal assets are protected from company loss.
For business setup in Yemen as an LLC, you will need at least two shareholders and a maximum of thirty shareholders. You will also need a managing director who is a permanent resident of Yemen and a minimum share capital of YER 1 million which is to be fully paid during incorporation. In an LLC in Yemen, you can enjoy 100% foreign ownership and flexible structure for both foreign and local investors. It is one of the significant types of structures for Yemen company registration.
A Joint Stock Company (JSC) in Yemen is a company structure popular for larger companies and companies that issues shares to the public on a public stock exchange to raise capital. For a joint stock company, it is mandatory to draft the company Articles of Association (AoA), which outlines the rules and regulations for the company operations and shares will be traded as stated in the company article.
For incorporation of a JSC, you will need a minimum of five shareholders and board of directors with a maximum of eleven members. The minimum share capital requirement of a JSC in Yemen is YER 5 million. The JSC will also be under a strict supervision of the Ministry of Industry and Trade.
Company registration in Yemen as a partnership limited by shares is a hybrid structure between a limited liability company and a partnership. Company formation in Yemen as a partnership with shares requires a minimum of one general partner with unlimited liability and at least five shareholders with limited liability.
The minimum share capital requirement is YER 3 million and you will have to register the company with the Ministry of Industry and Trade. This structure also requires appointing an external legal auditor. Additionally, you do not need a local partner for a partnership limited by shares entity but require applying for a mandatory license. The advantage of this structure is 100% foreign ownership and flexible management.
A branch office is a structure especially designed for foreign companies entering the Yemen market. Foreign companies can expand the business operations to Yemen through a branch office, which allows conducting commercial activities in the country. The Investment Law No. 22 of 2010 and the Commercial Companies Law No. 22 of 1997 legally allows foreign companies to establish and regulate branch offices. However, it requires foreign companies to permanently establish a branch office in Yemen.
All the branch offices in Yemen will have to be registered with the local Chamber of Commerce and Industry and the Ministry of Industry and Trade. The foreign investment in Yemen for branch office is handled by the General Investment Authority (GIA).
Company registration in Yemen as a representative office is another structure for foreign companies. This structure helps to establish a local presence in Yemen and try the market before establishing a new company as this structure only allows foreign companies to do market research and promote services and products of the existing foreign company.
A representative office in Yemen is not allowed to generate revenue and sales within the country. The General Investment Authority (GIA) is the authority that regulates foreign investment in Yemen and issue business license to the representative offices. Additionally, you will need a local partner or director for incorporation, ensure compliance with the local authorities but enjoy 100% foreign ownership
A non-profit organisation is a structure designed for the organisations that work in sectors such as charity, social, humanitarian aid and educational purposes. To legally operate a non-profit organisation in Yemen, you will have to register with the Ministry of Social Affairs and Labor and obtain a mandatory license. Additionally, if you require funding for your non-profit organisation in Yemen, you will need to pass the due diligence process and capacity assessment.
The non-profit organisations in Yemen is an important structure as it helps provide humanitarian assistance and development services and there is a constant need for such services in the country. The benefit of starting a non-profit organisation in Yemen is direct cash assistance and employment opportunities in Yemen.
Yemen offers numerous opportunities for investors and entrepreneurs as the country is completely raw and unexplored in most sectors. The government also encourage foreign investment, offers tax incentives and profit repatriation, making business setup in Yemen a good choice.
Yemen offers attractive opportunities for foreign investors and entrepreneurs, including a 100% foreign ownership without mandating a local sponsor or partner. As a foreigner in Yemen, you can enjoy complete control and ownership over your business operations.
Yemen offers attractive investment incentives such as reduced corporate tax rates of 15%, tax exemptions for very small businesses with an annual turnover of not more than YER 1.5 million and 5% to 20% tax rates for small organisations with annual turnover between YER 1.5 million and YER 20 million.
With international support and efforts from the Yemen government, the country is showing emerging opportunities for business in different sectors. Yemen is an unexplored country for business, offering potential for investors. Business setup in Yemen is a charm with our experts at Enterworld.
Yemen offers numerous opportunities for investors and entrepreneurs as the country is completely raw and unexplored in most sectors. The government also encourage foreign investment, offers tax incentives and profit repatriation, making company formation in Yemen a good choice.
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Yemen offers attractive opportunities for foreign investors and entrepreneurs, including a 100% foreign ownership without mandating a local sponsor or partner. As a foreigner seeking company formation in Yemen, you can enjoy complete control and ownership over your business operations.
Yemen offers attractive investment incentives such as reduced corporate tax rates of 15%, tax exemptions for very small businesses with an annual turnover of not more than YER 1.5 million and 5% to 20% tax rates for small organisations with annual turnover between YER 1.5 million and YER 20 million.
With international support and efforts from the Yemen government, the country is showing emerging opportunities for business in different sectors. Yemen is an unexplored country for business, offering potential for investors.
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