Limited Liability Company (LLC)in UAE

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LLC Company Formation in Dubai, UAE

Simple steps to form a Limited Liability (LLC) Company in Dubai

A Limited Liability Company (LLC) is a business endeavor with a commercial nature, consisting of up to 50 shareholders in its basic form.

Setting up a new company in the UAE is simplest for expat residents and foreigners through an LLC. Naturally, this is the most widely used and recommended option..

Understanding the basics of LLC company formation will make things simpler and speedier.

What is LLC company formation, how to open LLC

A&A Associate LLC is a pioneering firm specializing in LLC company formation in Dubai and company registration in the UAE. An LLC, or Limited Liability Company, offers a flexible business structure that combines the advantages of a corporation and a partnership. It offers protection of limited liability for owners, along with simplified management and pass-through taxation.

Opening an LLC with an A&A Associate is a streamlined process. Our skilled advisors will assist you in the process, beginning with choosing an appropriate business name and defining the company’s operations. We assist in preparing the necessary documentation, obtaining approvals from relevant authorities, and ensuring compliance with UAE regulations. With our comprehensive support, the process of LLC company formation becomes efficient and hassle-free.

Process and Paperwork for LLC Company Registration in Dubai, UAE

LLC company formation in Dubai follows a simple, organized procedure.:

LLC Company Formation in Dubai

Activities and trade name

Falling under industrial, commercial, professional, tourism, agricultural and occupational, the UAE offers more than 2,000 business activities, and the LLC will indicate chosen business activity. You can form an LLC company with a variety of business activities as long as you receive approvals.

The trade name of your new business setup in Dubai must reflect your chosen activities, and it must get approved. The trade name of your new business setup in Dubai must reflect your chosen activities, and it must get approved. Approval depends on the trade name not being used or registered before, and on its adherence to the UAE’s public morals and public order. Once authorized, the business name is then accompanied by the abbreviation LLC.

In some cases, a trade name must be accompanied by a trademark. In the emirate where your business is located, the department of economic development (DED) will approve and register your trade name. Trademarks are registered at a federal level, by the Ministry of Economy. Our teams are skilled and adept in their work, whether it’s addressing an inquiry or providing responses to all of your inquiries.

Initial and final approvals

An initial approval simply means the UAE Government has no objection towards your business being established in this country. It also allows you to proceed with the next steps of establishing an LLC in the UAE. Yet, obtaining an initial approval does not confer the authorization to engage in the activity or operate the business.

Some business activities may require additional approvals from local or federal government entities. These pertain specifically to activities within the realm of legal affairs, security, financial securities, and commodities.

There are several steps associated with LLC company formation in Dubai between receiving an initial approval and collecting a final approval including documentation, attestations, lease agreements, and payment of fees. After finishing these tasks, obtaining a license enables you to commence operating your business.

Our extensive and uninterrupted experience enables us to handle tasks for you with great efficiency.

Documents and Attestations for LLC Company Formation in Dubai

Setting up an LLC in the UAE is the most common form of doing business here. It is also the easiest and most flexible, because its legal structure can accommodate any number of shareholders between up to 50. These shareholders can belong to different countries of origin, or have citizenship from almost any country in the world. (According to changed laws, it is not obligatory any more to involve UAE nationals in the formation of an LLC in the UAE). Further, each shareholder’s liability is limited to their shares in the business capital, even with differential profit-sharing arrangements.
To finalise LLC formation, all shareholders and their specific shares and roles in the new company along with other details have to be included in a notarised Memorandum of Association (MoA).

Typically, LLC formation documents that must accompany the MoA are: Articles of Association (AoA), Certificate of Incorporation, Board Resolution, and Power of Attorney (PoA). Arabic translations of corporate documents must be authenticated by the Ministry of Justice.

Every shareholder must also provide necessary personal documents such as passport and visa copies, bank statements, and bank reference letters. If you are already a UAE resident, you will need to get a No Objection Certificate (NOC) from your current sponsor or employers. If one or more shareholders reside outside the UAE, their personal documents will have to be attested and notarised from the home country, and re-attested at the UAE Ministry of Foreign Affairs.

Submission of all stipulated documents will allow you to move to the next step of leasing (or buying) office space before you can begin operating your LLC in the UAE. In Dubai, the lease agreement will have to be registered with Ejari, the government portal for property management.

Our business is helping people set up business in the UAE. You can rely on us to handle all your paperwork with ease, efficiency, speed and success.

Key advantages of LLC Company Formation in Dubai, UAE

Cost of an LLC company formation in UAE

Looking to understand the cost of LLC company formation in Dubai? A&A Associates LLC has you covered with the answers to your top 5 questions about company registration in UAE.

Initial Expenses
Discover the essential costs involved in setting up an LLC in Dubai. Our experts break down registration fees, licensing, and documentation expenses.
Package Options
Explore a range of formation packages tailored to different business needs. From basic to comprehensive packages, find one that suits your requirements and budget.
Ongoing Commitments
Understand the post-registration financial commitments, including annual renewal fees, office space expenses, and potential additional costs.
Industry Variances
Learn how the nature of your business can impact formation costs. Different industries may have specific licensing requirements that influence the overall expenses.
Professional Guidance
Get insights into how seeking professional guidance can optimize the LLC company formation process, potentially saving you time and money.
At A&A Associates LLC, we provide transparent and personalized assistance, ensuring you have a clear picture of the costs associated with LLC company formation in Dubai. Start your business journey with confidence.

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Faq

For LLC company formation in Dubai, it is mandatory to have a local sponsor of UAE national, who would hold 51% ownership, if you’re an expatriate. The expatriate would hold 49% ownership.
For a company registration in UAE as an LLC entity, there is a minimum bar of 1 partner and a maximum limit of 50 partners.
A single owner LLC company is where the firm is owned and managed by the individual.
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