Company License Services in Dubai
Complete LLC Company Formation Services in Dubai, UAE
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With the fact that this is the only option that gives you maximum legal ownership, i.e. 49% to expatriates for a local business, LLC company formation in UAE is the most common form of business. It is required to have a local service agent or sleeping partner who owns 51% or more of the company. A minimum of two and a maximum of fifty shareholders can form an LLC company in Dubai, and their liability is limited to their shares in the company’s capital.
A typical annual Sponsorship fee for Dubai LLC company formation can range from US $4,200 for a small shop to several million US dollars for a large multinational corporation.
Despite the fact that the professional service agent is the sleeping partner who enjoys 51% +, he is the individual responsible for the assets left behind by the absconded business owners. Make My Firm is the most trustworthy source for expert advice on mainland Dubai company formation, LLC company formation, or any other type of business setup in Dubai.
Advantages of a Limited Liability Company (LLC) in UAE:
- The investor can start branches.
- The investor receives special visa benefits for his or her family.
- The company would own the paper and assets, not the local partner.
- Credit cards and bank accounts are available to the investor.
- The investor can conduct business without being interrupted by a sleeping partner or a corporate service agent.
AH Typing may set up a limited liability company, the most popular type of corporate entity with a small number of shareholders whose liability is constrained. To create an LLC corporation, an expat needs a local agent. Since the sponsor will hold 51% of the company, selecting the right partner is essential. The local agents serve as dormant partner who doesn’t participate in the day-to-day operations of your company but helps you deal with ministries for a variety of paper-based tasks. Because of the flexibility it offers, LLCs are one of the best company models.
Please contact us for more information on forming an LLC.