How To Register Llc In Uae

Uae national sponsor 51 and.

How to register llc in uae. The following is an overview of the advantages of a dubai llc formation. Each share should be in the denomination of aed 1000. 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. Uae llc company name. Request a uae company to provide certificate of good standing issued by local registration authority.

Llc business setup in dubai requires to have a uae national as the local sponsor owning 51 of the company shares. In dmcc the minimum share capital for forming a free zone company is aed 50 000 per company and aed 10 000 per shareholder. To register a trade name visit the ded website and complete the name reservation application and wait for a letter of approval. The cost to reserve a name is aed 200 usd 54 45. Are you looking to work with a company registration agent that will go the extra mile for your convenience.

There is no requirement for any minimum capital investment. An llc company can be formed with a minimum of two and a maximum of 50 shareholders. Therefore the normal shareholding pattern for a dubai llc formation will be. In dubai airport free zone you can form an fz co. Then the applicant fills out a trade name reservation form with either the dubai department of economic development or the abu dhabi department of economic development collectively known as the ded.

Request a uae company to legalize certificate of good standing and stamp it at the. The foreign national owns the rest 49 of the shares. Register a trade name and obtain a business license from the department of development ded. 51 of the business will be owned by the sponsor hence choosing the right partner is crucial. The llc must choose a trade name which will not resemble any other uae legal entity s name.

With a minimum share capital of aed 1000. Let discuss how to register a company in dubai if the directors are foreigner. If you are an expat planning for llc company formation in dubai uae then a local agent is mandatory. 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. In this case ded decides if the capital subscribed by the founders is sufficient for the undertakings they intend.