How To Form Llc Company In Dubai

In most countries a limited liability company llc is a form of company embodying the characteristics of a partnership as well as a company.

How to form llc company in dubai. Cost of company formation in dubai uae. You can form an llc with a minimum of 2 and a maximum of 50 shareholders. For an llc company setup dubai you need at least one local partner. The minimum capital requirement law was abolished in 2009 thus making llc company formation in dubai less burdensome than some free zones where capital deposits are mandatory. You can also avail the below packages to form you company in dubai.

One way of setting up a business in dubai is through a limited liability company or llc. Llc company formation in dubai. Dubai llc establishing a branch office in dubai how to form a limited liability company in easy ways. Llc formation is fast and easy you could be registered your company with dubai department of economic development ded within just 90 minutes and there is no need to commit to a lease agreement this is because with the initiatives have made the setup process very easy so that you will meet the entry criteria. Required documents for setting up a limited liability company in dubai.

There for an obverses partner will hold 49 of share in the company. Noc letter from the sponsor if the partner or the manager has a residence visa in the uae. Registration application form from dubai economic department. Your liability is limited to the shares in the business capital. This can be formed by either two or up to 50 shareholders whose liability depends on the shares that are invested in the business capital.

This is one of the most common forms that is used by the people involved in business in the uae. Aed 25 999 first year aed 29 999 first year license fees license fees registration fees registration fees. He does not invest any of his own funds and you are obliged to put 51 of your capital in his name. If you are an expat planning for llc company formation in dubai uae then a local agent is mandatory. That is local partner will hold at least 51 of share in the company.

Llc company formation dubai. It can be created by a minimum of 2 shareholders and a maximum of 50 shareholders whose liability is limited to their business capital shares. A limited liability company can be formed by a minimum of 2 and a maximum of 50 shareholders whose liability is limited to their shares in the business capital. Local sponsor s passport copy. 51 of the business will be owned by the sponsor hence choosing the right partner is crucial.