How To Register Llc In Uae
If you are an expat planning for llc company formation in dubai uae then a local agent is mandatory.
How to register llc in uae. Have us contact you by filling in the box on the right. In dmcc the minimum share capital for forming a free zone company is aed 50 000 per company and aed 10 000 per shareholder. With a minimum share capital of aed 1000. Request a uae company to provide certificate of good standing issued by local registration authority. A limited liability company can be formed by a minimum of 2 and a maximum of 50 shareholders whose liability is limited to their shares in the business capital.
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. The cost to reserve a name is aed 200 usd 54 45. Uae llc company name. The foreign national owns the rest 49 of the shares. To register a trade name visit the ded website and complete the name reservation application and wait for a letter of approval.
The following is an overview of the advantages of a dubai llc formation. 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. If yes then please invest 4 minutes of your time to watch the video about uae company registration below. Llc business setup in dubai requires to have a uae national as the local sponsor owning 51 of the company shares. Register a trade name and obtain a business license from the department of development ded.
Each share should be in the denomination of aed 1000. Uae national sponsor 51 and. Request a uae company to legalize certificate of good standing and stamp it at the. Get a supportive agent to register in the right zone. 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.
The llc must choose a trade name which will not resemble any other uae legal entity s name. 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. Let discuss how to register a company in dubai if the directors are foreigner. Therefore the normal shareholding pattern for a dubai llc formation will be.