Important Facts About LLC Company Formation in Dubai

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Important Facts about LLC Company Formation in
Dubai
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Why setup LLC Company in Dubai, UAE?

• Dubai offers strategic location which is
  conducive to several business opportunities. It
  is the span between the East and the West,
  thereby providing access to the lucrative markets
  of these regions.
• Moreover, this fastest growing UAE state offers
  several business landscapes such as Free Zones
  and Mainland Dubai.

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LLC company formation in Dubai - Confused?

• Like the rest of the world even Dubai offers
  several business structures or company types such
  as LLC, partnership companies, branch offices and
  FTZ ( Free trade zone ) enterprises.
• However, LLC is extremely popular with new
  entrepreneurs.

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• In a LLC business setup in Dubai, an expatriate /
  foreigner can build company through shareholding
  which is typically fixed at 51 for the local
  partner and 49 for the aspiring business entity.
  
• A point to note - the type of activities that can
  be conducted by this enterprise is dependent on
  the type of license obtained.

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So, what is LLC Company in Dubai and what are
advantages of LLC Company setup in UAE?
1. Protection

• As the name suggests, Limited Liability Company
  offers personal protection in case the business
  idea backfires.
• It simply means bad debts and a myriad of
  liabilities arising out of failed business does
  not put the partner into any uncomfortable
  situation, typically with the court of law.

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2. Capital

• Dubai LLC company formation doesnt demand you to
  put/show any minimum capital in bank. If a new
  company requires X amount then it can start its
  business with the said capital.
• However, the setup fees, license charges, visa
  coverage and a host of other expenditures need to
  be taken into consideration.

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3. Bouquet of Business Activities

• LLC company setup in UAE offers a bouquet of
  business activities which can be conducted from
  Mainland Dubai.
• New business entities simply need to pick the
  right type of license, the one that matches their
  aspiration or existing line of work. DED or
  Department of Economic Development has a list of
  every single activity which can be initiated in
  Dubai.

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4. Residency Visa

• Under the shelter of visa an investor can enjoy
  some of the perks of a local citizen.
  Entrepreneurs can rent office space, residential
  space and apply for various amenities.

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How to start a LLC company in Dubai? Mentioned
below are some of the requirements for LLC
company formation in Dubai.
1. A local sponsor for LLC Company in Dubai will
hold 51 stake in the new business. Many aspiring
entities turn apprehensive after encountering
this clause. However, there is no need to worry
as the local partner who is typically a
government employee or a businessman is a
thorough professional.
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In fact, this entity is paid a yearly fee for his
service, and thats about it. Nonetheless, this
could turn tricky and sometimes rebound
therefore it is advisable to hire services of
business setup company such as Business Link UAE
who provide end to end solutions. 2. Once a
local sponsor is selected the next step is to
reserve a company name.
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3. Applying for license is the next obvious task
which can be daunting as it requires submission
of several documents such as passport and visa
copies of the partner/s, Memorandum of
Association, Certificate of Incorporation, Board
resolution, Rent agreement etc.
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Conclusion
So, if you are looking for business setup in
Dubai, contact Business Link UAE one of the
foremost company setup consultant in Dubai.
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About us
Business Link UAE Contact No 971 55 6070
118, Telephone No 971 43 215 228 Email Id
Info_at_businesslinkuae.com Address Oasis Center,
3rd Floor, 104, Sheikh Zayed Road, Dubai,
UAE www.businesslinkuae.com
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THANKS!
Any Questions?
You can contact us at 971 43 215 228
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