A Limited Liability Company is the most common form of business entity currently formed in UAE. A limited liability company can be formed by a minimum of two and a maximum of 50 persons whose liability is limited to their shares in the company's capital. The minimum equity participation by UAE national is 51%. Capital required to form a limited liability company in Dubai is AED 300,000 (US$ 81,744) contributed in cash or in kind. However, in the other Emirates, the capital requirement is AED 150,000 (US$ 40,872). Profit or loss distribution can be prescribed and responsibility of management of an LLC can be vested in the foreign or national partners or third party. The shares of such company are not open for subscription by the public and they do not issue negotiable shares

A Limited Liability Company is the most common form of business entity currently formed in UAE.

A limited liability company can be formed by a minimum of two and a maximum of 50 persons whose liability is limited to their shares in the company’s capital.

The minimum equity participation by UAE national is 51%. Capital required to form a limited liability company in Dubai is AED 300,000 (US$ 81,744) contributed in cash or in kind.The capital shall not be less than three hundred thousand dirhams divided into equal shares the value of each not less than thousand dirhams.

However, in other Emirates viz., Abu Dhabi, Sharjah, Fujairah etc., the capital requirement is AED 150,000 (US$ 40,872). Profit or loss distribution can be prescribed and responsibility of management of an LLC can be vested in the foreign or national partners or third party. The shares of such company are not open for subscription by the public and they do not issue negotiable shares.

Such company shall not conduct the business of insurance, banking or investment of money for others. These shares shall not be represented by negotiable instruments. If a body corporate is to be a shareholder in a Limited Liability Company under incorporation, then the capital of the Limited Liability Company shall be double the capital of the company wishing to be a shareholder. If non-nationals holding shares in such company, the U.A.E.) Business Set up Limited Liability Company, LLC