HOW TO SET UP AN LLC COMPANY
IN DUBAI, ABU DHABI, SHARJAH
Usually, an LLC company formation in Abu Dhabi, Dubai, Sharjah, and the UAE, is the preferred choice for entrepreneurs wanting to setup a new business. As this structure provides companies with complete freedom to function anywhere in the UAE market. While limiting the liability of the shareholders to their own share capital in the company.
ADVANTAGES OF LLC COMPANY FORMATION IN ABU DHABI, DUBAI, SHARJAH, AND REST OF THE UAE
- To begin with, a shareholder’s liability is limited to the shares they hold in a company’s capital.
- Also, an LLC may conduct any type of activity. Except, banking, investment or insurance.
- Not to forget, an LLC can legally trade anywhere in the UAE, including, the Free Zones.
- Moreover, there are no restrictions on the location where the company can rent/buy office premises.
LLC FORMATION IN DUBAI, ABU DHABI, SHARJAH, AND THE REST OF UAE
Following are the basic process for setting up an LLC in Abu Dhabi, Dubai, and in the rest of UAE:
- First, you need to understand the activity group that your business activity falls into. For more information, check your business activity on this DED page.
- Then, you need to understand your requirements in regards to your shareholdings in the LLC company.
- An LLC can be formed with a single partner or multiple partners. Each partner invests the amount proportionate to the percentage of shares they wish to hold.
- Next, reserve your company name at the Department of Economic Development (DED).
- Then, draft your Memorandum of Association, and have it signed at the Notary with all partners present.
- The next step is, to obtain regulatory approvals linked to the specific nature of your business and the activity selected.
- Then, you need to arrange a lease agreement with the initial approval documentation.
- Next, submit the documents to the Economic Department for issuance of a trade license.
- After completing the above steps, you need to set up immigration and labour company files.
- Lastly, upon issuance of the license. You need to register the company with the authorized industry & commerce department.
WHY CHOOSE ACT PRO& BUSINESS SERVICES FOR SETTING UP AN LLC ABU DHABI, DUBAI, SHARJAH, AND REST OF THE UAE
- With ACT, you can relax and feel safe knowing that you have the maximum power and support documentation to secure your rights in the LLC.
- Additionally, you get a dedicated Expert Account Manager to manage your LLC Company formation in Dubai and UAE.
- You also get timely reminders on your license renewals with the economic departments in Dubai, Abu Dhabi, and Sharjah.
- 100% Transparency – Copies of Original bills from Government Agencies.
- Besides the above, you get complete support and consultancy through the entire process.
- Provision of all relevant information to make an informed decision.
Need help with LLC company formation in Abu Dhabi, Dubai, or Sharjah? Contact ACT PRO & Business Service provider for help with your LLC company setup. Making sure, you get the correct information from our specialists on business setup in Abu Dhabi, Dubai, Sharjah, and the rest of UAE.
To know more about LLC Company formation in Abu Dhabi, Dubai, and the rest of UAE, fill out our contact form. Or, contact us on +971 55 9831666 or email us at info@caicdubai.com
