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