Limited Liability Company (LLC)in UAE
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LLC Company Formation in Dubai, UAE
Simple steps to form a Limited Liability (LLC) Company in Dubai
In its simplest definition, a Limited Liability Company (LLC) is a business venture which is commercial in nature with a maximum of 50 shareholders.
Understanding the basics of LLC company formation in Dubai will make things simpler and speedier.
Process and Paperwork for LLC Company Registration in Dubai, UAE
LLC company formation in Dubai follows a simple, systematic process:
- Identify a business activity
- Register the trade name
- Apply for initial approvals
- Draft Memorandum of Association (MoA) and other agreements
- Select a location, choose a workspace
- Apply for other government approvals
- Submit documents and pay fees
Mainland Company
Activities and trade name
Falling under industrial, commercial, professional, tourism, agricultural and occupational, the UAE offers more than 2,000 business activities, and the LLC will indicate chosen business activity. You are also allowed to form an LLC company with multiple business activities, subject to approvals.
The trade name of your new business setup in Dubai must reflect your chosen activities, and it must get approved. The trade name of your new business setup in Dubai must reflect your chosen activities, and it must get approved. Approval is subject to the trade name not being in use or registered previously, and its observance of public morals and the public order of the UAE. When approved, the trade name is followed by the acronym LLC.
In some instances, a trademark needs to accompany the trade name. In the emirate where your business is located, the department of economic development (DED) will approve and register your trade name. Trademarks are registered at a federal level, by the Ministry of Economy. Our teams are professional and proficient at what they do, be it handling a query or getting answers to all your questions.
Initial and final approvals
There are several steps associated with LLC company formation in Dubai between receiving an initial approval and collecting a final approval including documentation, attestations, lease agreements, and payment of fees. Once these tasks are completed, the issuance of a license allows you to start running your business.
Our long and continuous experience means we are not only equipped to do everything on your behalf, but are extremely efficient at doing so.
Documents and Attestations for LLC Company Formation in Dubai
Each shareholder will also have to submit personal documents like copies of passports and visas, bank statements and bank reference letters, as required. If you are already a UAE resident, you will need to get a No Objection Certificate (NOC) from your current sponsor or employers. If one or more shareholders reside outside the UAE, their personal documents will have to be attested and notarised from the home country, and re-attested at the UAE Ministry of Foreign Affairs.
Our business is helping people set up business in the UAE. You can rely on us to handle all your paperwork with ease, efficiency, speed and success.
Key advantages of LLC Company Formation in Dubai, UAE
- Flexibility in number of shareholders, up to 50
- Liability of each shareholder limited to his/her shares in the company’s capital
- Ability to trade anywhere in the UAE (including 50 plus free zones) and the GCC region
- Unlimited number of work visas
- Multiple choices in renting or buying office premises
- 100% ownership by foreign shareholders