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Open a Dubai Limited Liability Company
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Open a Dubai Limited Liability Company A presentation brought to you by our experts in company registration in Dubai 1
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Transcript of Open a Dubai Limited Liability Company
Open a Dubai Limited Liability Company
A presentation brought to you by our experts in company registration in Dubai
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Open a Company in Dubai
The first step in order to open a company in Dubai is to find and appoint a local agent.
Our experts in Dubai offer company registration services.
Foreign investors can set up several types of companies in Dubai depending on their business objectives.
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Why Register a Limited Liability Company in Dubai?
Limited liability company is the most popular type of business entity registered by foreign investors in Dubai because this is the only option granting them a maximum ownership.
The incorporation procedure of a limited liability company in Dubai is quite simple requiring a few steps to be completed.
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Requirements to Start a Dubai Limited Liability Company >>
The Commercial Law does not require Dubai limited liability companies to deposit a minimum share capital before registration.
The Dubai Company Act requires a foreign investor to have a local partner who will own the majority interest.
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<< Requirements to Start a Dubai Limited Liability Company
The company must have at least two shareholders and maximum 50.
Another requirement for a Dubai limited liability company is the managerial one.
Under the Dubai Company Act, the company must have between one and five managers.
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Steps to Register a Limited Liability Company in Dubai>>
There are five steps to follow when registering a limited liability company in Dubai. These are:
• the reservation of the company name with the Department of Economic Development,
• drafting and notarizing the company’s memorandum and articles of association,
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<<Steps to Register a Limited Liability Company in Dubai
• submitting the documents and business license application form with the Department of Economic Development,
• registration with the Dubai Commercial Register.
• the company must also register its employees with the Ministry of Labor and General Authority for Pension and Social Security.
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Licenses for the Dubai Limited Liability Company
The Dubai Chamber of Commerce and Industry (DCCI) issues the following types of licenses for limited liability companies:
• commercial or trade licenses,• industrial licenses,• professional licenses.
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Company Formation Services in Dubai
Whenever you want to open a limited liability company in Dubai, you may contact our specialists in company formation who can help you incorporate companies.
Our specialists in company formation in Dubai will also help foreign entrepreneurs with the business license applications.
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Thank you for your attention!
For more information, you can contact us at:
(+44) 203-287 0408 (for international clients)
www.companyincorporationdubai.com10
