Limited Liability Company (2024)

A&A Associate LLC: Your Trusted Partner for LLC Company Formation in Dubai and Smooth Company Registration in UAE. Explore Business Opportunities with Our Expertise.

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LLC Company Formation in Dubai, UAE

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

In its simplest definition, a Limited Liability Company (LLC) is a business venture which is commercial in nature with a maximum of 50 shareholders.

An LLC is the easiest legal vehicle for expatriate residents and foreigners to set up a new company in the UAE. Unsurprisingly, it is also the most popular and commonly chosen route.

Understanding the basics of LLC company formation in Dubaiwill 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 provides limited liability protection to its owners while allowing for a simplified management structure and pass-through taxation.

Opening an LLC with an A&A Associate is a streamlined process. Our expert consultants guide you through the steps, starting with selecting a suitable trade name and determining the business activities. 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

  • Identify a business activity
  • Register the trade name
  • Apply for initial approvals
  • Draft Memorandum of Association (MoA) and other agreements
  • Select a location, choose a workspace
  • Apply for other government approvals
  • Submit documents and pay fees

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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 are also allowed to form an LLC company with multiple business activities, subject to 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 is subject to the trade name not being in use or registered previously, and its observance of public morals and the public order of the UAE. When approved, the trade name is followed by the acronym LLC.

In some instances, a trademark needs to accompany the trade name. 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 professional and proficient at what they do, be it handling a query or getting answers to all your questions.

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. However, an initial approval does not grant you the authority to practice the activity or run the business, yet.

Some business activities may require additional approvals from local or federal government entities. These are related specifically to activities under the umbrella of legal affairs, security, financial securities, and commodities.

There are several steps associated with LLC company formation in Dubaibetween receiving an initial approval and collecting a final approval including documentation, attestations, lease agreements, and payment of fees. Once these tasks are completed, the issuance of a license allows you to start running your business.

Our long and continuous experience means we are not only equipped to do everything on your behalf, but are extremely efficient at doing so.

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). Corporate documents that are translated into Arabic will need to be attested by the Ministry of Justice.

Each shareholder will also have to submit personal documents like copies of passports and visas, bank statements and bank reference letters, as required. 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

  • Flexibility in number of shareholders, up to 50
  • Liability of each shareholder limited to his/her shares in the company’s capital
  • Ability to trade anywhere in the UAE (including 50 plus free zones) and the GCC region
  • Unlimited number of work visas
  • Multiple choices in renting or buying office premises
  • 100% ownership by foreign shareholders

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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Mohammaed Abrar

Company Formation Specialist
+971 4 2690673
+971 56 408 6728
[emailprotected]
lynnegwafranca

Solve out the crucial procedures of business setup with MOHAMMAED ABRAR, passionate and efficient member of our team working hard to achieve customer satisfaction and obviously, he exceed your expectations. Having around 3+ years of experience, he identifies the best approach based on your business sector.

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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.

Limited Liability Company (2024)
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