LLC Company Formation in Dubai,UAE
Limited Liability Company or just LLC is the most widespread business type prevailing in UAE. LLC company formation in Dubai, UAE requires a minimum of 2 and a maximum of 50 shareholders in order to run the business. Mostly the companies which have foreign partners or investors opt for the LLC company formation here in Dubai.
LLC company formation in Dubai or elsewhere Company Formation in UAE. While foreign equity in the company may not exceed 49%, profit and loss distribution can be mutually agreed. Responsibility for the management of a limited liability company (LLC) can be vested in the foreign or national partners or a third party.
LLC company formation in Abu Dhabi and Dubai UAE involves the following steps which we have formalized for your convenience:
The applications are thoroughly investigated by the state government legal departments for their authenticity and requirement fulfillment. After the clearance from the state government legal department of UAE, the name of your company is included in the Commercial LLC business register and the Memorandum of Association gets published in the Economy and Commerce Ministry bulletin. The formation of LLC company in Dubai allows the following business activities:
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