LLC Company Formation in Dubai

Dubai, the land of opportunities is a great choice for setting up a business. With LLC company foundation in Dubai, you can climb the ladder to a successful businessman. With the help of a professional business consultant, starting a business in Dubai is easier. We are the best trusted company for LLC company formation in Dubai. Our mission is to provide efficient, cost effective and personalized service. Without doubt, Dubai LLC company formation is the ideal business setup for new entrepreneurs.

LLC BUSINESS REGISTRATION IN DUBAI: IDEAL BUSINESS SET UP

WHAT IS LLC (Limited Liability Company)?

LLC is the most common business set up in Dubai and UAE mainland. An independent legal entity owned by multiple shareholders, established on the UAE mainland. It has low start-up costs and full access to the wider UAE marketplace. A LLC can open a bank account, get a tax identification number, and do business that is all under its own name in Dubai. An ideal business set up for the new entrepreneur or business person.

WHY LLC (Limited Liability Company)?

With low startup costs, LLC is the very affordable company formation.
LLC formation is fast and easy
LLC have no restrictions or limits on the type of business activities that they can carry out that is permitted to trade.
LLC company formation in Dubai will let you be with your family. You can easily sponsor your family and also get a visa for household helpers.
The advantage of LLC company formation in Dubai is that you can open your office anywhere in Dubai and in the UAE.
The good thing about setting up an LLC in Dubai is that it can provide you the opportunity to apply for multiple visas.

HOW TO FORM LLC IN DUBAI: YOU SHOULD BE AWARE OF

Choose a business activity

There are many business activities in Dubai. Dubai Development of Economic Department has the available list of permitted business activities. You can choose your best business and we will also help you to decide the appropriate company.

Reserve your company name

Selecting a company name includes certain criteria. It is forbidden to use offensive words, company names cannot contain religious references. If you are using your personal name for your company, you are required to provide your both first name and last name

Apply for initial approval

After the approval of your company name, you need to apply for an initial approval certificate from Dubai Department of Economic Department DED. Once you get an approval, your company will receive an entry from the commercial registry.

MOA & LSA Agreement should be prepared

To authorize your Dubai LLC, you and your business partners need to draft and sign a Memorandum of Association. This MOA needs to be a formal translation, and need to be attested by a Notary public

For a professional service license, you must sign a Local Service Agent LSA or corporate agent agreement with a UAE national though he has no control or ownership but he will represent your business with regards to licensing and compliance.

Find the perfect location for your company

It is mandatory to have a business office for LLC company formation in Dubai. You can locate your office anywhere throughout UAE. Once you found your perfect location you need to get your rental contract attested by Ejari, the mandatory registry of tenancy contracts. For ordering the trade license, an attested rental contract is necessary.

Collect your trade license

You need to submit all the documents to the Dubai economic department after completing the above steps. If you met all requirements, you will get a Trade License, Certificate of Incorporation, Memorandum of Association, and Share Certificates of your company

After You started your business:

-You need to fit out your office

-You must register your employees with the ministry of Labour and General Authority for pension and social security

-Processing visas, labor cards and other legal documents

-The LLC’s MOA is then published in the Bulletin of the Economy and Commerce Ministry

-A bank account needs to be opened.

REQUIRED DOCUMENTS FOR LLC FORMATION

Below documents are required for initial approval:
Applicant’s passport photocopy( including visa page copy)
Trade name Reservation Document
Photocopy of applicant’s naturalization identification for UAE nationals only
NOC letter from the applicant’s current sponsor (not applicable for GCC nationals).
Approval issued by other Government authorities according to the type of business activity.

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November 12, 2024 Uncategorized