Uploaded on Aug 26, 2021
The United Arab Emirates is one of the multicultural cities and one of the most favourable business destinations across the world. LLC company formation in UAE without experts is quite a daunting task for beginners. So, hiring a professional business consulting firm can be the best move for your business.
Steps To Start A Limited Liability Company in UAE
Steps To Start A Limited
Liability Company in UAE
An Overview
Clearly, UAE is one of the cosmopolitan cities in the Middle
East and one of the most favorable business destinations
across the world. LLC company formation in UAE without
experts is quite a daunting task for beginners.
So, hiring a professional business consulting agency can be
the best move for your business. An experienced
management consulting firm provides intelligent solutions
that can help you set up your dream business in UAE.
2
What are the Benefits of LLC Company
Formation In UAE?
● Quick Setup
● Fewer corporate formalities
● No ownership restrictions
● Facility of Visa for Investors
● Tax flexibility
● Low Import Duties
● Growing Economy
3
How To Set-Up A Limited Liability
Company In Dubai?
● Decide On A Trade Name
● Choose A Location
● Get Required Documents
● Get A Local Sponsor
● Obtain License and Pay Fee
4
Decide On A Trade Name
Select a suitable trade name that is unique
and appropriate to your business.
5
Choose A Location
Location matters a lot.
So, choose a location that suits your
budget and type of business.
6
Get Required Documents
Carefully, collect all the documents and
submit them to the Department of
Economic Development (DED).
7
Get A Local Sponsor
Local sponsor is important to set up your
limited liability company in the United Arab
Emirates or UAE. So, find a local sponsor
and make an agreement with him.
Keep in mind that your local sponsor will
own 51 percent of shares in your LLC
business. So, choose wisely.
8
Obtain License and Pay Fee
You must have a license to trade in
UAE.
So, make sure that you have a proper
license along with the documents
required to trade in the UAE.
9
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