The requirements for LLC company formation in Dubai are straightforward. You must choose a suitable name for your company, choose an appropriate location (such as a warehouse or physical office), and agree with a local sponsor. The sponsor will own 51% of the company’s shares, and you will own 45%. You will also need to submit a complete application for registration. It takes about four to six weeks to get your LLC registered.
Submit all the necessary documents to the Department of Economic Development
Once you’ve decided to establish your company in the UAE, you’ll need to submit all the necessary documents to the Department of Economic Development. You will need to submit the documents required to establish the company and pay any applicable fees. To set up an LLC in Dubai, you must register your company in the correct category. You can also seek the assistance of specialists for help.
Must get a Trade License from the Dubai government
Once you have registered your company, you must get a Trade License from the Dubai government. This is required to operate your business in the UAE. In addition, you will need a corporate identity card, a letterhead, and a copy of your business license. A company with no trading activities can’t operate in the UAE. You’ll need to register your company in the Dubai Business Registry.
Must obtain a company visa
To register your company in the UAE, you must obtain a company visa. You will need to have a non-refundable visa, which is required for starting a business in the UAE. A business license will be your passport, so don’t forget to get one! And a bank deposit certificate will help your LLC company register without any hassle. Once you’ve got your business license, you’ll need to get a Memorandum of Association and a Trade License.
You must have two or more shareholders
As a company, you must have two or more shareholders. A UAE LLC company has a limit of 50 shareholders. The share capital of each shareholder is limited to their share of the company’s capital. Due to low start-up costs and easy accessibility to the UAE market, an LLC is the best option for business owners who want to invest in the Middle East. It’s the most flexible and successful way to begin trading in the region.