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Limited Liability Company Formation in Dubai, UAE
LLC (Limited Liability Company) is the most predominant type of business setup in the UAE Mainland. These companies are authorized to carry out business activities approved by the DED (Department of Economic Development). DED classifies and regulates the types of economic activity that companies are permitted to undertake. A Limited Liability Company is governed by the UAE Commercial Companies Law of 2015 (CCL). The minimum number of shareholders required to form an LLC is 2 while the maximum is 50.
The share of the firmโs equity must be 51% for a UAE (Local Partner) and 49% for a foreign investor. An LLC has a separate legal entity and all liabilities of that company are limited to it. This implies that shareholders cannot be held liable for the companyโs liabilities. An LLC offers numerous benefits and is ideal for entrepreneurs who want to earn a high Return on Investment.
Advantages of an LLC Company Formation in Dubai
Al Shamilโs consultants engage in an effective discussion to assist you with the Limited Liability Company Formation process which may otherwise seem overwhelming. Our services range across:
No fixed or minimum share capital requirements.
No restriction on real estate ownership
Can freely carry out trading across the UAE
Exemption on 5% customs duty on imported goods.
Eligible for certain special licenses issued by the Department of Economic Development.
Low VAT Rate
Improved Credibility for opening multi-currency Corporate bank accounts
LLC Incorporation Services
Getting approvals and clearances from various departments.
Preparing Memorandum of Association and other necessary agreements
Finding local partners
Assistance in Opening Corporate Bank Accounts
Finding a favorable office location
Applying for Residence visa and Emirates ID.
Handling other documentation formalities
Why Choose Al Shamil LLC Company Formation in Dubai, UAE?
If you have got your hands on choosing the right LLC company formation service, you can understand that it can be a challenging and time-consuming process. A multitude of companies may perplex you to discover whatโs best for your business. However, Al Shamil is committed to provide you reliable services at fair prices.
Golden Hallmarks in LLC Company Formation Dubai
Complete Coverage
We will get you covered for the entire LLC Registration Process from choosing your Business Activity to opening your Corporate Bank Account. Our end-to-end service will prepare and file all the mandatory documents with the authorities.
Consistent Support
Our consultants are well versed with every fundamental of the LLC Incorporation Process and handle it impeccably. You can take advantage of our live customer support option if you have any queries or concerns. We effectively coordinate and communicate with you throughout the entire process and ensure no costly error arises.
Robust process
We ensure the process is streamlined and with the help of appropriate technology and automation. You can just relax and have that sip of coffee while we take care of your LLC company formation process.
Transparency
We believe in fair business practices. The principle of transparency allows us to provide upfront prices to you. There are no hidden fees involved.