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.

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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.

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Choose A Location Location matters a lot.

So, choose a location that suits your budget and type of business.

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Get Required Documents Carefully, collect all the documents and submit them to the Department of Economic Development (DED).

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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.

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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.

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