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The United Arab Emirates with an amazingly high level of autonomy is famous for its cultural diversity, breathtaking beaches, serene skyline and commerce, and trade. As compared to other countries, the region offers multiple options for foreign investors and you should be aware of all the terms and conditions the law imposes on the entrepreneurs for company formation in Dubai.

The LLC company allows having flexible profit-sharing among sponsors and expatriating. The UAE national can be offered a fixed fee annually with a percentage of profit or sale.

It is one of the most popular methods because, through this, the investor don’t have to disclose the assets or accounts.

The arrangement of the fee is the part of the legal arrangement which you sign with any reliable sponsor for LLC company formation in Dubai.

A limited liability company can be easily and conveniently formed by the participation of a minimum of 2 or a maximum of 50 people responsible for the share in the capital’s company owns.

Limited Liability Company Formation in UAE

In Dubai, Mainland LLC formation falls under the Commercial category and can be formed with a minimum of Two shareholders or a maximum of 50 shareholders in the license. The liability of the shareholder is limited to the shares invested in the company. In this license the 49% shareholders can be an Expat and 51% shareholder can be a Local Emirati for company formation in Dubai.

At Present, there is no need for Minimum capital required to form the company as in August 2009 the minimum capital requirement law was abolished. In this license, the Partners can appoint a Manager to run the business among them or to a third party. The minimum share required to get a Partner Visa in LLC is 24% in the license.

How We Assist in New Company Formation in Dubai

To form an LLC license we at ALREETAL  assist in setting up a business in Dubai by following the below steps:-

Trade Name Reservation

• The first and foremost step in registering the License in DED is to select a name and it needs to be approved by DED.

Initial Approval

• On completing the Trade name reservation, we need to get the Initial approval for the activity from DED.

Drafting of MOA & Legalisation

• On receiving Initial approval, the MOA needs to be drafted in English & Arabic and get it notarised from Dubai court.

Ejari

• The Tenancy contract required to submit the documents to the DED for final approval. Minimum of 200 square feet is required.

Commercial License

• On submitting all the above documents the company will be registered in the Commercial Register. The license will then be issued by the DED.

Contact our expert team today for LLC company formation in Dubai

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