A Private Joint Stock Company (PJSC) in the UAE is a business structure designed for larger enterprises, allowing up to 50 shareholders to pool capital while keeping ownership private and shares non-tradeable on public exchanges. Established on the UAE mainland, it requires a minimum capital of AED 5 million (approximately $1.36 million), reflecting its suitability for substantial ventures in sectors like manufacturing, real estate, or finance. A PJSC can be 100% foreign-owned in certain cases, but typically involves a local sponsor or agent depending on the activity, granting direct access to the UAE market. It is subject to the 9% corporate tax on profits exceeding AED 375,000 ($102,000) since 2023, with liability limited to shareholders’ contributions. This structure offers a robust framework for scaling operations while maintaining control among a select group of investors.
