How To Register Llc In Uae
There are no minimum share capital requirements to register a limited liability company in dubai except for the sufficient capital test enabled by the department of economic development ded.
How to register llc in uae. Then the applicant fills out a trade name reservation form with either the dubai department of economic development or the abu dhabi department of economic development collectively known as the ded. With a minimum share capital of aed 1000. The foreign national owns the rest 49 of the shares. There is no requirement for any minimum capital investment. Therefore the normal shareholding pattern for a dubai llc formation will be.
Let discuss how to register a company in dubai if the directors are foreigner. In dmcc the minimum share capital for forming a free zone company is aed 50 000 per company and aed 10 000 per shareholder. Each share should be in the denomination of aed 1000. 51 of the business will be owned by the sponsor hence choosing the right partner is crucial. If you are an expat planning for llc company formation in dubai uae then a local agent is mandatory.
Register a trade name and obtain a business license from the department of development ded. If yes then please invest 4 minutes of your time to watch the video about uae company registration below. In dubai airport free zone you can form an fz co. Are you looking to work with a company registration agent that will go the extra mile for your convenience. The cost to reserve a name is aed 200 usd 54 45.
Get a supportive agent to register in the right zone. Company registration in dubai. 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. Request a uae company to legalize certificate of good standing and stamp it at the. Uae national sponsor 51 and.
You may know how to register limited liability company jv or branch office in dubai under fdi law every year foreign companies attracted into doing business in the uae. In this case ded decides if the capital subscribed by the founders is sufficient for the undertakings they intend. Foreign shareholder s 49. Llc business setup in dubai requires to have a uae national as the local sponsor owning 51 of the company shares. The llc must choose a trade name which will not resemble any other uae legal entity s name.