LLC Setup in Dubai, LLC Company Formation in Dubai, UAE, LLC Company Formation in Dubai, LLC Registration Dubai and LLC Company Setup in Dubai.
LLC Company Formation in Dubai is a limited liability company which is a corporate structure whereby the members of the company are not personally liable for the company’s liabilities or debts. These companies are hybrid entities that combine the characteristics of a corporation and a sole proprietorship or partnership. While the limited liability feature is similar to that of a corporation. The primary reason why business owners opt to take the LLC route is to limit the principals’ personal liability. Many views the LLC as a blend of a partnership, which is a simple business formation of two or more owners under an agreement, and a corporation, which has certain liability protections. The LLC Company formation in Dubai, UAE, and the LLC is a more formal partnership arrangement requiring articles of organization to be filed with the state. The LLC is much easier to set up than a corporation, and it provides more flexibility along with the protection.
Liability Company (LLC) which is setup in Dubai is the most common form of business in UAE. The Limited Liability Company can be formed by a minimum of 2 and a maximum of 50 shareholders whose liability is limited to their shares in the businesses capital. In case of LLC registration in Dubai most companies with foreign partners have opted for the Limited Liability Company, due to the fact that this is the only option that’ll give maximum legal ownership i.e. 49% to the expatriates for a local business. As it is mandatory to have a UAE national as a partner in the LLC (51% shareholding) prospective investor has the option to choose the one UAE national (sponsor) as a partner in the company. It is flexible and differential profit sharing arrangements is also possible. This permits the foreign investor a great edge as 51% legal equity is with a local partner.Limited Liability Company (LLC) or Mainland Company
- Ajman Mainland Company or Limited Liability Company (LLC ) formation
- Dubai Mainland Company or Limited Liability Company (LLC ) formation.
- Sharjah Mainland Company or Limited Liability Company (LLC) formation.