How To Register Llc In Dubai
The total approx cost for llc company set up in dubai would come around to be aed 28000.
How to register llc in dubai. There are no minimum share capital requirements to register a limited liability company in dubai except for the sufficient capital test enabled by the department of economic development ded. Complicated compliance requirements each emirate has its own regulations. There is no requirement for any minimum capital investment. Company registration in dubai. Will it be wiser to register an offshore company or perhaps a resident llc to reach your business goals.
Above are some the most commonly fees to be paid if anyone wishes to set up a llc in dubai. With so many free zones operating in the uae choosing the right free zone for your company base is crucial but is setting up a free zone company your best option. A dubai llc formation may or may not be subject to minimum capital requirements dependent on the size nature and type of business activity. Through a dubai llc formation investors obtain a strong physical presence in dubai. Cost effective office space is easier to find in the city as compared to the free zones.
That means some types of businesses for example financial services health services printing and publishing food trading require more. An llc company can be formed with a minimum of two and a maximum of 50 shareholders. The requirements of trade license and the permissions required from various agencies and government ministries can vary depending on the category of the business. Llc business setup in dubai requires to have a uae national as the local sponsor owning 51 of the company shares. In this case ded decides if the capital subscribed by the founders is sufficient for the undertakings they intend.
Compliance is made with the ded by filing the application form for the trade name and the application form for the warrant. You may know how to register limited liability company jv or branch office in dubai under fdi law every year foreign companies attracted into doing business in the uae.