Limited Liability Company in Dubai
What is Limited Liability Company in Dubai?
A limited liability company (LLC) in Dubai is a type of business entity that offers a flexible legal structure and liability protection to its shareholders. This type of company is ideal for entrepreneurs who want to start a business in Dubai without assuming full personal liability.
According to the latest law in Dubai, an LLC company can have 100% ownership and can have 1 or multiple shareholders.
Earlier non-GCC entrepreneurs were required to partner with a UAE national who would own at least 51% of the firm’s equity while a foreign investor couldn’t own more than 49%. However, the law now permits foreign investors to form a company in Dubai with 100% ownership. An LLC has the flexibility to establish branches within the same emirate or expand into other jurisdictions.
Benefits of Establishing an LLC in Dubai
- You can conduct business in any part of the UAE without any restrictions.
- There are no limitations on obtaining employment visas with a Limited Liability Company (LLC)
- Offers flexibility in terms of renting office space anywhere in the UAE.
- There are no limitations on office space requirements or the recruiting process
- Foreign investors can hold 100% equity in the company
- Foreign investors can choose to partner with a local sponsor in Dubai
- The investor becomes a partner in the company
- By investing in an LLC, the investor and their family can obtain an investor visa, which grants them the status of an investor in the Emirates.
- Open corporate bank account both locally and globally easily and access credit facilities.
Starting an Limited Liability Company in Mainland requires sound advice and guided support. CORPIN Consultants provides you with the support tool, documentation, attestations, legal formalities, licenses, and preparation of the groundwork to help establish the LLC Company Formation in Dubai.
Our team’s extensive market knowledge and understanding of local regulations, combined with our commitment to providing exceptional customer service, make us a reliable partner for your new business formation needs.
Contact us today to learn more about our services and how we can help you set up your business in Dubai.
