LLC Business Setup in Dubai is one of the preferred legal business forms for setting up a trade or manufacturing establishment in Dubai. There are various business benefits for an LLC Company Setup in Dubai. There is no requirement for any minimum capital investment. The LLC Company’s management can be vested with the Managers (up to 5 persons) that may or may not be UAE Nationals.
LLC Company setup in Dubai requires a minimum of 2 and a maximum of 50 shareholders, with the liability of a shareholder being limited to one’s share in the capital. It has less start-up cost and full access to the UAE marketplace. They can do business in their local emirate and also can import and export freely.
As per the latest UAE company law, anyone can setup an LLC company in UAE with 100% expat ownership. Previously, LLC company in UAE required 51% of the shares held by a UAE National (Emirati Sponsor) and the expat investor owns a maximum of 49% shares of the company.
Investors can obtain the Trading License in Dubai from the Department of Economic Development (DED) by submitting the required documents and making the fee payment ( For a Trading License in Dubai, LLC Business Setup Cost is AED 24,683 ). AURION will assist you with setting up an LLC Company in UAE at the most hassle-free way.
As per the Cabinet Resolution No.16 of 2020, several categories of business license will no longer require a UAE National Sponsor. The resolution states the ‘Positive List of Activities under which 100 percent foreign ownership in companies outside free zone was permitted. It is subject to certain criteria being satisfied. For more details contact us!
LLC Business Setup in Dubai is very straightforward and relatively easy to incorporate. However, it requires certain documentation, paperwork, and special approvals required depending on the chosen business activities. Here are the steps to the LLC Company Setup in Dubai. Our team will assist you in all steps with expert consultation and dedicated PRO service support for a hassle-free LLC Company Formation in Dubai.
To setup an LLC Business in Dubai requires the following documents.. We will prepare all the application forms and documents necessary for the government departments.
LLC Company in Dubai offers the investors a host of business benefits. LLC Company Setup in Dubai enables investors to strengthen their presence in the UAE Local Market and promote local trade more effectively.
A few of the key benefits from LLC Company Setup in Dubai are 100% foreign ownership, access to a wide range of business activities when setting up the company, and many more.
Also, the investors can obtain a UAE residence visa and sponsor family to settle in UAE. The investors can add more staff to your business as required without any hassles of visa quota. There is enhanced credibility among banks for opening a Corporate Bank Account when the company is registered as an LLC Company in Dubai.
An LLC Company enables the investors to freely trade in the local UAE market as well as the rest of the GCC region and the world. Also, LLC Company Setup in Dubai enables investors to open a new branch in the mainland when required without any hassle. They can also purchase real estate in Dubai under the company name, participate in tenders and take up government projects and assignments.
LLC Company Liquidation Cost in Dubai is approx. AED 14,875 including AURION assistance fee. The following table contains the breakup of the company liquidation fee.
|DESCRIPTIONS||FEE in AED|
|Liquidation Audit Report & Confirmation of Appointment Liquidator||AED 3,000|
|Company Liquidation Certificate – Initial Approval (DED)||AED 2,020|
|Final Approval (DED)||AED 3,030|
|Arabic and English Newspaper publication – (45 days)||AED 1,575|
|Aurion professional inclusive 5% UAE VAT||AED 5,250|
|TOTAL LLC Company Liquidation Cost||AED 14,875|
AURION assist in completing the procedure of LLC company formation in Dubai as well as LLC company liquidation in Dubai / UAE.
SAIF Zone provides specific facilities for manufacturing, assembling, packaging, import, re-export, and global trade. The Free Zone offers a host of value-added activities to the investors such as an on premise bank, logistics support, in-house customs checks, and more.
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