How To Register Llc In Uae
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.
How to register llc in uae. In dmcc the minimum share capital for forming a free zone company is aed 50 000 per company and aed 10 000 per shareholder. The cost to reserve a name is aed 200 usd 54 45. Get a supportive agent to register in the right zone. If you are an expat planning for llc company formation in dubai uae then a local agent is mandatory. Request a uae company to legalize certificate of good standing and stamp it at the.
There is no requirement for any minimum capital investment. Foreign shareholder s 49. Uae national sponsor 51 and. Each share should be in the denomination of aed 1000. Register a trade name and obtain a business license from the department of development ded.
Therefore the normal shareholding pattern for a dubai llc formation will be. Company registration in dubai. The llc must choose a trade name which will not resemble any other uae legal entity s name. In this case ded decides if the capital subscribed by the founders is sufficient for the undertakings they intend. An llc company can be formed with a minimum of two and a maximum of 50 shareholders.
The following is an overview of the advantages of a dubai llc formation. To register a trade name visit the ded website and complete the name reservation application and wait for a letter of approval. With a minimum share capital of aed 1000. Have us contact you by filling in the box on the right. In dubai airport free zone you can form an fz co.
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. 51 of the business will be owned by the sponsor hence choosing the right partner is crucial. Let discuss how to register a company in dubai if the directors are foreigner. 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 foreign national owns the rest 49 of the shares.