LLC company formation in UAE is most common form of business with the fact that this is only the option which gives you maximum legal ownership i.e. 49% to expatriates for a local business. It is mandatory to have local service agent or sleeping partner with 51%+ of share holding. LLC company formation in Dubai can be formed by a minimum of 2 and a maximum of 50 shareholders whose liability is limited to their shares in the businesses capital.
The typical annual Sponsorship fee for Dubai LLC company formation can run from US AED 7,000.00 per year for a small shop and it is depending on business activities for a large multinational company. Though professional service agent is sleeping partner who is enjoying 51% + still him is the individual responsible for left behinds by the absconded business owners. Multi Business Care is the most reliable place where you can get the expert advice on mainland Dubai company formation, LLC company formation or any type of business setup in Dubai.
Advantages of LLC Company Formation In UAE
- Getting approvals and clearances from various departments.
- Drafting MoU of association and other necessary agreements.
- Help to bring local equity.
- Finding local Partners for LLC company formation Dubai.
- Helping to open bank accounts.
- Assisting to find proper office location.
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Handle other document formalities.
Benefits of a Limited Liability Company (LLC) in Dubai:
- The investor gets special visa privileges for his/her family.
- The investor can commence branches.
- The Investor can enjoy practicing business without interruption of sleeping partner or corporate service agent.
- The paper and assets would belong to company not local partner.
- The investor can avail credit cards and can open bank accounts.
Reliable Place for LLC Company Formation in Dubai, UAE With 20+ years of experience and a team of qualified staff, Multi Business Care is the most reliable place for a company set up in Dubai, UAE. Contact 00971504649313 or info@multibusinesscare.com for a quick and hassle-free solution. Contact us to get complete information about LLC company formation.