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May be Setting up a limited liability company in Dubai is a daunting task but also a great way to protect your assets and business interests. By establishing a reputable company, you will have the security of knowing that your company is well run and protected. You will also have the ability to keep more of your earnings and avoid personal liability. An LLC offers many benefits, so it is definitely worth exploring all of your options. In this article, we will provide you with all the necessary information to establish a limited liability company in Dubai.

Establishing a limited liability company in Dubai is the most common type of company formation. It is a business structure that offers limited liability to its owners in the event of business debts or legal claims. A DLLC can be 100% foreign owned, which makes it an attractive option for foreign investors looking to do business in Dubai.

There are some basic requirements that must be met in order to set up a DLLC center in Dubai:

  1. The company must have between 2 and a maximum of 50 shareholders.
  2. The company must have a local service agent who is a national of the United Arab Emirates or a company.
  3. The company must have a registered office in Dubai.
  4. The company must have a commercial license from the Department of Economic Development.

There are some basic steps required to set up a Limited Liability Company (LLC) in Dubai. These steps are:

First, the need to obtain the approval of the Department of Economic Development in Dubai. After that, the trade name must be registered with the department. Once the trade name is approved, it is then possible to apply for an LLC license. The next step is to open a corporate bank account in Dubai. Finally, it is necessary to submit all required documents to the Department of Economic Development to complete the registration process.

The most important 5 steps to establishing a limited liability company in Dubai are:

  1. Merger of the company with the Department of Economic Development in Dubai. The Department of Economic Development will issue a trade license that is required to conduct business in the city.
  2. Opening a corporate bank account with a local bank in Dubai.
  3. Visa application for foreign shareholders and company directors. This can be done through the UAE sponsor of the company.
  4. Renting a shop in Dubai. The company must have a physical presence in the city in order to trade.
  5. Obtain the necessary approvals and licenses from the competent authorities in Dubai, such as the Department of Tourism and Commerce Marketing (DTCM) if the company is going to engage in tourism activities.

You can also contact Business Setup Company or a professional consultant in Dubai who can assist you with the registration process for your LLC. It is better for you to choose the name of the limited liability company and make sure that this name is available by reviewing the Department of Economic Development. It is essential that you determine the business activities you will be involved in and obtain the required licenses from the relevant authorities. Next, draft the LLC's Memorandum of Association and Articles of Association in consultation with an attorney.

You will then have to deposit the required amount of capital with a bank in Dubai and obtain a certificate of deposit. Then complete the application for obtaining a limited liability company license and submit all required documents to the Department of Economic Development.

Documents required to approve the establishment of a limited liability company in Dubai:

To establish a limited liability company in Dubai, the following documents are required:

  1. Trade name reservation certificate
  2. Memorandum of Association and Articles of Association
  3. Application for company registration
  4. Registration Fee
  5. Copy of passport and UAE residence visa for each shareholder
  6. No objection certificate from the sponsor (if any)

Great companies are built by their founders

Mark Andreessen

Where to form an LLC?

A limited liability company can be established in Dubai in an emirate in the United Arab Emirates. In addition, it is possible to incorporate a company in the DMCC Free Zone, which is one of the most important areas Investing in Dubai, which provides an ideal infrastructure for investment.

How much does an investor residency cost in Dubai?

Dubai is one of the most attractive places in the world that attracts many Arab and foreign investors and entrepreneurs, due to its many advantages and its constantly thriving economic power. Many entrepreneurs seek residency as investors in Dubai. There are 4 types of residency in Dubai: real estate investor residency, existing company investors residency, long-term residency, and retirement residency.

The costs of accommodation types vary, depending on the type of accommodation.

Where can I apply for an investor visa in Dubai?

The UAE pursues a different vision of digital transformation, which makes it easier for everyone to obtain an investment visa, by applying on the website or through the General Directorate of Residency and Affairs website Foreigners

If you would like to know more about residency fees for investors in Dubai, the department has branches located in different areas of Dubai. This includes all relevant details of residency fees for investors.

The most important privileges that Dubai offers to entrepreneurs:

Entrepreneurs are granted a number of perks when they move to Dubai, including tax exemption and the ability to work from an approved business incubator. Businessmen are also granted residency in Dubai for a period of five years, renewable, provided they have a successful project approved with a value of at least 500,000 dirhams. There are no taxes imposed on establishing a company in Dubai for entrepreneurs. The procedures for registering a company in Dubai are clear and straightforward.

What are your reasons for setting up a Limited Liability Company (LLC) in Dubai?

  1. The city is a major commercial center in the Middle East, with excellent infrastructure and a business-friendly environment.
  2. There is a large expatriate community in Dubai, which provides a ready market of goods and services.
  3. Dubai has a tax-free system, which means that LLCs can enjoy 100% foreign ownership and profits are exempt from corporate taxes.
  4. Limited Liability Companies (LLCs) are relatively easy to set up and operate, and shareholders are not required to be residents of the UAE.

What are the advantages of setting up a limited liability company in Dubai?

The United Arab Emirates is a federation of seven emirates, each with its own ruler. The largest and most populous city is Dubai, which is also the capital of the emirate. The UAE has the seventh largest economy in the world and is one of the most diversified economies in the world. It is also a major tourist destination.

The UAE is green and business friendly and offers many benefits to businesses, including low taxes, lack of bureaucracy, and well-developed infrastructure. The UAE also provides political stability and a strategic location at the crossroads between East and West.

The UAE provides easy steps to establish a limited liability company, as it is easy to set up and provides limited liability protection to its owners.

How can we help you?

You need an expert when you want to set up a limited liability company in Dubai. By dealing with experts and consultants specialized in dealing with government agencies, you will be able to obtain all necessary documents and licenses quickly, easily and at lower costs.

What are the services provided by Itqan?

  1. Providing complete advice to help you establish a limited liability company in Dubai.
  2. Carrying out all legal procedures within lower costs and through a team of specialized experts.
  3. Obtain and renew all licenses.
  4. Providing a service for renting offices, warehouses and stores within the best prices available in Dubai.
  5. Follow up and solve all problems that our customers may face.
  6. Providing legal advice through legal experts and consultants who are the best in the field.

Contact our team now if you need more information on how to establish a company in Dubai and know the necessary documents and conditions as well.

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Our Promise

As a leading company formation and business solutions provider in Dubai, ITQAN team of business consultants can help you expedite the process of setting up your company as well as reserving a trade name. You can count on ITQAN to complete all the procedures for establishing a company in Dubai in record time if all your documents are ready, without hidden fees and in a hassle-free process.

Mohammed Hamza – CEO