LLC Company Formation in Dubai - License Types, Steps, Documents Required

3 Popular Types of License
• LLC/Commerical Trading License - To be issued by Dubai Economy to a company that will engage in any kind of trading activity.
• Civil Company/ Professional License - To be issued by Dubai Economy to service providers, consultancies & professionals
• Industrial License - To be issued by Dubai Economy to a company that will engage in manufacturing or any industrial activity.

LLC Company in UAE
LLC is the most common form of legal structure for the trading business in the UAE.

A limited Liability Company can be formed by a minimum of 2 and a maximum of 50 shareholders whose liability is limited to the value of their shares held in the capital of the company.

The shareholding pattern for an LLC is as follows:
• UAE National Sponsorship (UAE Citizen) - 51%
• Foreign Shareholder (s)/Expatriates - 49%

What LLC can offer?
The formation of an LLC offers the entrepreneurs access to the wider UAE economy along with the Dubai Mainland

Dubai also offers an investor's status to the partners in the company and they can also bring along their families, obtaining visas for which is an easy process.

Can open have a physical office in Dubai mainland and ease Bank account in the UAE

How to form LLC Company in Dubai?
• Select business activity
• Select Trade Name
• Apply for Initial Approval
• Get Approvals
• Establish a Business Location
• Prepare MOA and LSA Agreement
• Collect Business License - (DED)

What are the documents required?
• 3 proposed company names
• Clear passport copy of partner(s)
• Tourist visa (in case of non-UAE resident)
• NOC for becoming a shareholder if he is a UAE resident (Sponsor passport and visa page will be required)

To know more about LLC Company Formation in UAE, talk to our expert Consultants right away!
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