Mainland Limited Liability Company Setup in Dubai
Start your business with our Mainland Limited Liability Company Setup in Dubai service. Flyingcolour® helps Australian entrepreneurs establish their LLC company in Dubai quickly and legally. Enjoy 100% ownership options (for eligible activities), simple registration, and full guidance through every approval and document. Build your presence in Dubai’s fast-growing mainland economy with expert business setup support.
Important Points To Be Understood For LLC Company Formation in Dubai:
An LLC company formation in Dubai or any other emirates of the United Arab Emirates requires a minimum of two and a maximum of 50 shareholders.
Foreign Investment: From June 2021, foreign investors can own 100% shares in limited liability companies without local sponsorship, subject to commercial agency laws.
Capital Requirements: The minimum capital for company formation in Dubai is AED 300,000; however, the required minimum capital in the Emirates Mainland Company is AED 150,000. When planning a company in Dubai, you increase the share capital to AED 150,000, sharing even company distribution of profit.
Shareholder Limit: LLC cannot offer defense business, banking, or any investment services on behalf of others. It cannot represent these areas as negotiable instruments.
Ownership: Any individual or company can set up an LLC in Dubai Mainland to engage in any legal commercial activity.
Branches: With the same emirate or other Emirate jurisdictions, branches can open in LLC.
Management: Day-to-day operations, including banking operations, can be managed by the manager appointed in MOA which is notarized by public notary. The actual investor becomes the manager of the company activities taking place in LLC.
Additional Licenses: In addition to this, special licenses are issued by the Department of Economic Development. So, it may require approval from relevant authorities. These bodies include the DHA, RTA, but it must not rent an office in an incorporated LLC. So Mainland companies in Dubai Container now require them to have DHA approval.
Residency Visa: Shareholders are eligible to get a residence visa for 3 years, subject to a minimum capital of AED 150,000. So, expert shareholders sponsor their family and partners to fulfill the required documents..
Labour Permits: Labour permits can be obtained by the number of employees LLC, subject to fulfilling requirements.
Flyingcolour® assists Australian entrepreneurs with LLC setup, ensuring compliance with UAE regulations and providing support through the process.