LLC Company Formation in Dubai, UAE
Launch Your Success with a Dubai LLC
Dubai has established itself as one of the world’s premier business destinations, offering unmatched opportunities for growth and success. Among the various business structures available, a Limited Liability Company (LLC) is one of the most popular and versatile options for local and international investors.
Contact UsWhat is an LLC?
An LLC is a legal entity where the liabilities of the shareholders are limited to the extent of their shares in the company. It is the most common business structure for companies planning to operate in the UAE mainland, providing flexibility, operational freedom, and a wide range of business activities.
Key Features of an LLC in Dubai
- Ownership Structure: An LLC requires a minimum of two and a maximum of 50 shareholders, with each liable only to the extent of their shareholding.
- 100% Foreign Ownership: In many sectors, foreign investors can now own 100% of the company, following the UAE’s recent amendments to its Commercial Companies Law.
- No Minimum Capital Requirement: The capital requirements are flexible and depend on the company’s business activity.
- Business Activities: An LLC can engage in a broad spectrum of activities, including commercial, industrial, and professional services.
- Office Requirements: Physical office space is mandatory to register an LLC in Dubai.
Advantages of Setting Up an LLC in Dubai
- Access to Local and International Markets: Operate freely across the UAE and expand globally without restrictions.
- Eligibility for Government Contracts: LLCs can bid for lucrative government and semi-government projects.
- Flexible Tax Benefits: The UAE offers a favorable tax regime with no corporate or personal income tax in most sectors.
- Unlimited Visa Quota: Easily sponsor visas for employees and their families based on office size and business requirements.
- Strong Legal Framework: Operate under a robust regulatory system that ensures transparency and business security.
Steps to Form an LLC in Dubai
1. Select a Business Activity
Identify the business activities you wish to pursue from the Department of Economic Development (DED) approved list.
2. Choose a Trade Name
Register a unique trade name compliant with UAE naming conventions.
3. Local Partner or 100% Foreign Ownership
Depending on the sector, decide on a local partner or opt for 100% ownership.
4. Submit Initial Approvals
Obtain preliminary approvals from the DED and other relevant authorities.
5. Draft and Notarize Legal Documents
Prepare the Memorandum of Association (MOA) and notarize it with the UAE authorities.
6. Office Space Leasing
Secure an office space and obtain a tenancy contract (Ejari).
7. Trade License Issuance
Pay the required fees and receive the trade license to commence operations.
Why Choose Us for LLC Formation?
- Expert Consultation: Professional advice to help you navigate local laws and regulations.
- Seamless Documentation: Assistance in preparing and submitting all required paperwork.
- Local Market Insights: Leverage our experience to make informed business decisions.
- Comprehensive Support: registration to post-setup services like PRO assistance and visa processing.
