Limited Liability Company in Abu Dhabi
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Mainland Company in Abu Dhabi
What is a Limited Liability Company in Abu Dhabi?
An Limited Liability Company formation is the most commonly sought form of company formation in Abu Dhabi. An Limited Liability Company is a legal entity that has a separate legal identity from its owners and shareholders, which mean that the company can enter into contracts, own property, and engage in business activities in its name.
One of the key benefits of an Limited Liability Company is that it limits the personal liability of the owners to the amount of their investment in the company. What’s more, according to the amendments made in the Commercial Companies Law, foreign entrepreneurs can now have 100% ownership con LLC in the UAE.
This is a significant change, as it means that you no longer need a local sponsor or UAE national partner to establish a business in the UAE. This opens up new possibilities for foreign investors who want to fully own and control their business ventures in the country.
Benefits of LLC formation in Abu Dhabi
- Investor becomes the shareholder of the company
- 100% tax exemption
- No definite minimum capital requirements
- Share of profits and losses at a different ratio of the share capital
- Freedom for the investor to set up branches of the company
- No limit in holding properties or offices in UAE
- UAE resident visa offered to investors
- Ease of opening global and local bank accounts
CORPIN Consultants offers comprehensive assistance to clients in Abu Dhabi, providing corporate sponsorships, legal counsel, and meticulous documentation. We work closely with our clients to help them with Limited Liability Company formation in Abu Dhabi swiftly and efficiently, granting them access to the rapidly growing Abu Dhabi market.