LLC Company Formation in Dubai
Limited Liability Company
If you want to start an LLC company formation in Dubai, then you are at the right place to apply. Dubai has emerged as an investment hub in recent years and now serves as the heart of business for foreign and local investors. With attractive tax regulations and an ever-flourishing environment for your business to grow, this is one city you want to invest in!
The Limited Liability Company (LLC) is the most common type of company that exists within the UAE Mainland. Governed and regulated by the Department of Economic Development, LLCs are the most opted for due to their flexible trading nature.
An LLC company structure is built with a minimum of 2 and a maximum of 50 shareholders or partners. The growing popularity of LLCs in Dubai is credited to the benefit of having limited liability protection, which allows investors to safeguard their personal assets in case a financial loss is incurred by the business.
Setting up an LLC is quite straightforward, but it can be an even more pleasant experience when you have the support and guidance of a business consultancy that can assist you through the process and take the load off your shoulders. Get in touch with our specialist team to get a quote that’s tailored to your individual needs!
Benefits of LLC Company Formation in Dubai
The LLC company formation in Dubai can prove to be extremely beneficial in the long run. Some of the common benefits apart from profits include the following:
1. Freedom in selecting a business location
As an LLC in the UAE Mainland, you have the luxury to set up and operate from anywhere in the country. As compared to Free Zone companies which can only operate from and with other companies in the Free Zone, LLCs on the mainland enjoy the benefits of trading without restrictions.
2. Obtain multiple visas
As the owner of an LLC in Dubai, you automatically are eligible to apply for an investor visa, which allows you to reside in the country for three years, and this is then renewed every three years as well. With this visa, you then have the opportunity to apply for various family and employee visas.
3. Protection of shareholders’ assets
Owing to its name, the LLC is an entity whose partners/shareholders are kept away from the financial losses incurred by the business itself. All that these shareholders are liable for is the amount each one has invested within the business.
4. Range of activities to choose from
Operating an LLC allows you to participate in a range of activities. The market within Dubai is incredibly vast and with DED having listed over 2,000 eligible activities to choose from – there’s plenty for you to choose from.
What documents are required for an LLC Company Formation in Dubai?
Submitting the right documents is key to ensuring that there is no stone left unturned in your application process. Business Link has helped set up hundreds of LLCs over the years and our expert consultants can assist you to set up the same.
What is the Process of an LLC Company Formation in Dubai?
Investors interested in an LLC company formation in Dubai need to have the right set of documents in place in order to have their application processed without delays. While the turnaround time for an LLC company registration is much quicker than that of others, the process can still be prolonged if all the right documents aren’t submitted. We know how overwhelming this can feel, which is why we aim to simplify the process as much as possible to make it easier to understand. Here are the steps that are required for an LLC company formation in Dubai.
Setting up a business in Dubai might be stressful, but it’s an exciting experience to embark With Business Link as you will have assistance each step of the way throughout your LLC company formation process. We are committed to going the extra mile for your business needs – book a free consultation with our team and let’s build your empire.