Limited Liability Company (LLC)
This type of Cornpany Formation in UAE is widely accepted way to business. Under the Commercial Companies Law or CCL (Federal Law No. 8 of 1984 Concerning Commercial Companies as amended by Federal Law No 1 of 1984 and Federal Law No 13 of 1988, Federal Law No. 15 of 1998), foreign investors are permitted to hold up to 49 per cent equity ownership in UAE companies, 51 per cent of the equity must be held at all times by one or more UAE nationals.
This type of Company Formation UAE can be formed by a minimum of two and a maximum of fifty persons. Shareholder liability is limited to the value of shares held in the company’s capital
The minimum capital required to establish a limited liability company is DH 150,000 in other emirates and DH 300,000 in Dubai.. . Non-UAE nationals may own up to 49 percent of an LLC. The Companies Law provides that an LLC may engage in any lawful activity except insurance, banking and investment of money for others.
Setting up a business is a one-time decision, and we help our clients to take the right decision at the right time. With our assistance and professional service, we help them save their efforts, time and money without moving onto any deceptive decision.
Business Setup in UAE Freezone
We assist our customers for the following activities
- Professional assistance in setting up of a new business in any Free Zone area in UAE.
- We arrange Financial Bank Guarantee for any amount required to form the business in the Free Zone Our terms are the best in the industry.
- We provide all PRO services andfollow-up services if required for smooth and Profitably running of the business of our clients.
A company which is incorporated outside the jurisdiction of its primary operations regardless of whether that jurisdiction is an offshore financial centre.It is worth mentioning at this juncture that taxation of a company somewhere other than its place of incorporation is not by any means an exclusively offshore concept
- Simplicity and Reporting
- Legal and asset protection
- Thin capitalisation
- Financial assistance
- Cost of operation
Typical uses of offshore companies
- Consultancy, Professional Services Agency
- Employment of Expatriate Staff
- Property Owning Companies
- Investment Companies
- Patents and Trademarks