How To Open LLC Company In Dubai - PowerPoint PPT Presentation

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How To Open LLC Company In Dubai

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Dubai is one of the most prosperous and cosmopolitan cities in the Middle East, combining the elements of both the East and the West. It is one of the most favorable business destinations in the world. If you are a new entrepreneur and want to know how to open LLC company in Dubai. In order to understand this vital business structure, you need a compact guide to LLC company formation. Here we mentioned a few factors that you should know before starting the process of company setup. – PowerPoint PPT presentation

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Title: How To Open LLC Company In Dubai


1
How To Open LLC Company In Dubai
Dubai is one of the most prosperous and
cosmopolitan cities in the Middle East, combining
the elements of both the East and the West. It is
one of the most favorable business destinations
in the world. If you are a new entrepreneur and
want to know how to open LLC company in Dubai. In
order to understand this vital business
structure, you need a compact guide to LLC
company formation. Here we mentioned a few
factors that you should know before starting the
process of company setup.
2
What is LLC Stand for ?
  • LLC stands for Limited Liability Company. As the
    name suggests, a Limited Liability Company is a
    type of structure where members of the company
    are not personally liable for any loss.
  • Instead, the company is responsible as per its
    capital share. This type of company structure has
    some features of a corporation and others like
    that of a partnership.
  • We can say that LLC is in between a corporation
    and a partnership company and provides benefits
    for both these entities.

3
Steps to Setup LLC Company in Dubai
  • LLC is an important type of business framework
    and the procedure is lengthy and comprehensive.
  • Investors interested in LLC setup in Dubai have
    to contact different departments and submit a
    number of documents for this purpose.
  • Following are vital steps that are required to
    carry the entire procedure, it will help you get
    an idea about how to create an LLC company in
    Dubai.

4
  • Select the Business Activity  When choosing a
    business activity for your entrepreneurial
    venture, keep in mind the practicality of the
    chosen activity in relation to the market.
  • Do thorough research on the feasibility and
    profitability of the activity before you decide
    to start a business in Dubai, UAE.
  • Select the Right Jurisdiction  The market of the
    UAE is divided into different economic zones
    Mainland, free zone, and offshore.
  • These economic zones are also called
    jurisdictions. Every jurisdiction has its own set
    of rules and regulations pertaining to business
    setup.
  • They also cater to different business
    requirements. Choosing a jurisdiction for your
    business based on your business needs and your
    business activity.

5
  • Finalize the Company Structure/ Legal
    Form  Selecting the legal form for your company
    is a vital decision when starting a business in
    Dubai.
  • It sets the tone and structure for dealing with
    losses and profits and how you should organize
    your resources and assets. Decide on the legal
    form or your company structure throughout the
    starting phases of planning. This would help
    offer a layout for your company.
  • You cant apply for your business license unless
    you decide on the legal form of your company.

6
  • Finalize the Company Structure/ Legal
    Form  Selecting the legal form for your company
    is a vital decision when starting a business in
    Dubai.
  • It sets the tone and structure for dealing with
    losses and profits and how you should organize
    your resources and assets. Decide on the legal
    form or your company structure throughout the
    starting phases of planning. This would help
    offer a layout for your company.
  • You cant apply for your business license unless
    you decide on the legal form of your company.

7
  • Get Approval for your Company Name and Activity
     The Department of Economic Development should
    approve the trade name for your company before
    you can move ahead and start the procedure of
    your company set up in Dubai, UAE.
  • Along with your company name, your selected
    business activity also goes through approval
    throughout this phase. Once you get the approvals
    you would need to submit documents to apply for
    your trade license in Dubai.

8
  • Register Your Company  Company registration and
    licensing is a simultaneous procedure. Although,
    the whole procedure of documentation and
    approvals goes through various phases.
  • In this step, you would need the approvals from
    concerned government authorities as requested by
    the Department of Economic Development. The
    documents needed are different for each company
    type and activity.

9
Documents Required for LLC company in Dubai
  • Following are the documents that are required for
    LLC company setup in Dubai. All these documents
    should be
  • submitted to their respective departments.
  • Duly filled registration application form
  • Passport copies of all the shareholders and
    managers of the company
  • Passport copy of the sponsor
  • NOC from sponsor
  • Memorandum of Association
  • Registration of trade name and initial approval
    from DED
  • Location plan and tenancy contract by Dubai
    Municipalitys Planning Department

10
Advantages of open LLC Company in Dubai
  • Minimum 2 and maximum 50 shareholders are
    permitted
  • You can obtain unlimited number of visas without
    any restriction
  • Real estate ownership is permitted
  • LLC can conduct any commercial or industrial
    activity
  • Establishing an LLC permits company owners to
    take benefit of the entire UAE market. these
    companies can directly
  • trade with the entire UAE market
  • You can easily open Global/corporate bank
    accounts on the basis of LLC

11
Why Start Any Business
  • Start Any Business is a leading business setup
    consultancy in Dubai, UAE. we are well known for
    product registration,
  • visa services, and the formation of all types of
    companies in Dubai and UAE. We are experts in LLC
    formation in Dubai.
  • Due to our experience, we can assure you in
    handling all your official and legal matters
    successfully and conveniently.
  • Handing over the job of LLC company setup in
    Dubai to us will provide you satisfaction and
    quick approval from all
  • government departments.

12
Contact Info AddressKhushal complex, Khushal
Chowk Burari Delhi-110084 Phone91 88888
30552 Emailinfo_at_startanybusiness.in Business
Setup Consultants in Dubai How To Open LLC
Company In Dubai
13
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