Speciality Restaurants Incorporates Subsidiary in Dubai Free Zone
Filing Summary
Speciality Restaurants Ltd has incorporated a wholly-owned subsidiary, Speciality Restaurants L.L.C-FZ, in the Meydan Free Zone, Dubai, UAE. The incorporation was completed on November 20, 2025, as per the order from the Registrar of Companies, Dubai. The subsidiary will serve as an investment holding company for strategic investments in Dubai. The initial investment amounts to AED 100,000, with 100% shareholding by Speciality Restaurants Ltd. The subsidiary is yet to commence business operations. This development aligns with the company’s strategic expansion plans in the UAE market.
Speciality Restaurants Ltd has announced the incorporation of a wholly-owned subsidiary, Speciality Restaurants L.L.C-FZ, in the Meydan Free Zone, Dubai, UAE. The incorporation was finalized on November 20, 2025, following the order from the Registrar of Companies, Dubai. This subsidiary is established under the regulatory framework of the Meydan Free Zone and is intended to facilitate the company’s strategic investments in the region.
The financial commitment for the establishment of Speciality Restaurants L.L.C-FZ involves an initial cash consideration of AED 100,000. This amount is allocated towards acquiring 100 shares, each valued at AED 1,000, representing 100% of the share capital of the subsidiary. The investment is structured as a cash transaction, ensuring full ownership and control by Speciality Restaurants Ltd.
The primary function of the newly incorporated subsidiary is to act as an investment holding company. It will oversee and manage the strategic investments of Speciality Restaurants Ltd in Dubai, UAE. The subsidiary is yet to commence its business operations, and as such, there are no current turnover figures available. The establishment of this entity is a strategic move to enhance the company’s presence and investment capabilities in the UAE market.
The incorporation of Speciality Restaurants L.L.C-FZ does not involve any related party transactions, and there are no interests from the promoter or promoter group in this entity. The subsidiary is established solely for the purpose of managing investments and does not require any additional governmental or regulatory approvals beyond its incorporation. The timeline for the commencement of business operations has not been specified, as the entity is still in the initial stages of establishment.
Speciality Restaurants Ltd is focused on expanding its footprint in international markets, with a particular emphasis on strategic investments in the UAE. The company operates a chain of fine dining and casual dining restaurants, offering a variety of cuisines. The incorporation of the subsidiary in Dubai aligns with its strategic objectives to leverage growth opportunities in the Middle East region.