LLC License Formation
LLC Business Setup in UAE is one of the preferred legal business forms for setting up a trade or manufacturing establishment in the UAE. There are various business benefits for an LLC Company Setup in UAE. There is no requirement for any minimum capital investment. The LLC Company's management can be vested with the Managers (up to 5 persons) that may or may not be UAE Nationals.
LLC Company setup in UAE requires a minimum of 2 and a maximum of 50 shareholders, with the liability of a shareholder being limited to one's share in the capital. It has less start-up cost and full access to the UAE marketplace. They are allowed to do business in their local emirate and also can import and export freely.
Over the years, Dubai being a business hub in the Middle East is the favorite location of investors all over the globe for the formation of the company. Most of them prefer to set up an LLC Company as it remains diverse in its policy and flexible for business activities.
As per the latest UAE company law, an LLC company can be set up with 100% ex-pat ownership. Previously, an LLC company in UAE required 51% of the shares held by a UAE National (Emirati Sponsor), and the ex-pat investor own a maximum of 49% shares of the company.