HOW TO SET UP AN LLC IN DUBAI, ABU DHABI, SHARJAH
LLC (Limited Liability Company) Formation in Dubai
Usually, an LLC company formation in Dubai, Abu Dhabi, Sharjah and the UAE, is the preferred choice for entrepreneurs wanting to setup a new business. As, this structure provides companies with complete freedom to function anywhere in the UAE market. While, limiting the liability of the shareholders to their own share capital in the company.
Advantages of LLC Company Formation in Dubai / UAE:
- To begin with, a shareholder’s liability is limited to the shares they hold in a company’s capital.
- Also, an LLC may conduct any type of activity. Except, banking, investment or insurance.
- Not to forget, an LLC can legally trade anywhere in the UAE, including, the Free Zones.
- Moreover, there are no restrictions on the location where the company can rent/buy office premises.
LLC Company Formation in Dubai and the UAE.
Following are the basic process for setting up an LLC in Dubai and the UAEs:
- First, you need to understand the activity group that your business activity falls into. For more information, head to our License & Activity Group page.
- Then, you need to understand your requirements in regards to your shareholdings in the LLC company.
- After which, you will need to engage a Local Partner / Local Sponsor (Emirati National) who holds 51% equity in the shares of the LLC company.
- Next, reserve your company name at the Department of Economic Development (DED).
- Then, draft your Memorandum of Association, and have it signed at the Notary with all partners present.
- Next step is, to obtain regulatory approvals linked to the specific nature of your business and activity selected.
- Then, you need to arrange a lease agreement with the initial approval documentation.
- Next, submit the documents to the Economic department for issuance of trade license.
- After completing the above steps, you need to setup immigration and labour company files.
- Lastly, upon issuance of the license. You need to register the company with authorized industry & commerce department.
Why choose ACT PRO & Business Services for setting up an LLC in Dubai & the rest of the UAE?
- We provide free corporate sponsorship services with our annual pro services contract. This helps you save money on sponsorship services.
- Also, enjoy both options of individual and corporate sponsorship services in the UAE to represent the local partner.
- With ACT, you can relax and feel safe knowing that you have the maximum power and support documentation to secure your rights in the LLC.
- Additionally, you get a dedicated Expert Account Manager to manage your LLC Company formation in Dubai and UAE.
- You also get timely reminders on your license renewals with the economic departments in Dubai, Abu Dhabi and Sharjah.
- 100% Transparency – Copies of Original bills from Government Agencies.
- Besides the above, you get complete support and consultancy through the entire process.
- Provision of all relevant information to make an informed decision.
Need help with Dubai LLC company formation? Contact ACT PRO & Business Service provider for help with your LLC company setup. Making sure, you get the correct information from our specialists on business set up in Abu Dhabi, Dubai, Sharjah and the UAE.
To know more about LLC Company formation in Abu Dhabi, Dubai and rest of UAE, fill out our contact form. Or, contact us on +971 4 428 1505 , +971 52 104 4794, +971 52 667 9677 or email us at email@example.com