{"id":26325,"date":"2023-07-20T12:54:48","date_gmt":"2023-07-20T12:54:48","guid":{"rendered":"https:\/\/itqans.com\/incorporation-of-a-limited-liability-company-in-dubai\/"},"modified":"2023-08-13T14:47:37","modified_gmt":"2023-08-13T14:47:37","slug":"incorporation-of-a-limited-liability-company-in-dubai","status":"publish","type":"post","link":"https:\/\/itqans.com\/en\/incorporation-of-a-limited-liability-company-in-dubai\/","title":{"rendered":"Incorporation of a limited liability company in Dubai"},"content":{"rendered":"
Establishing a limited liability company in Dubai<\/b><\/p>\n
Establishing a company in Dubai with limited liability (LLC) is one of the common types of legal forms for companies in Dubai. Limited liability companies are characterized by several advantages, including low costs and ease of legal procedures, in addition to many advantages that interest every investor or entrepreneur in Dubai.<\/span> <\/p>\n <\/p>\n <\/p>\n Limited Liability Companies (LLC) is one of the legal forms of companies in Dubai, which depends on the nature of the company\u2019s activity. The number of shareholders in the limited liability company ranges from 2 partners to 50 partners. Each partner has a liability to the extent of his share in the capital.<\/span> Dubai limited liability company incorporation documents<\/span><\/p>\n Conditions for establishing a limited liability company in Dubai<\/span><\/p>\n Advantages of establishing a limited liability company in Dubai<\/span> How to set up a Limited Liability Company in Dubai (LLC)<\/b> There are many commercial activities that can be practiced in Dubai, as stipulated by the Department of Economic Development. Therefore, it is necessary to determine the appropriate type of activity for the company, and you can seek help from our team.<\/span><\/p>\n Establishing a limited liability company (LLC) in Dubai requires selecting and then reserving a trade name. The trade name of the company is what distinguishes the commercial license from other licenses and it must not violate the terms and laws stipulated by the Department of Economic Development in Dubai as follows:<\/span><\/p>\n To complete the procedures for establishing a limited liability company (LLC) in Dubai, the initial approval of the trade name must be obtained from the competent authorities.<\/span><\/p>\n Establishing a limited liability company (LLC) in Dubai requires a business office to be the company\u2019s headquarters and a lease contract for the office certified by the competent authority. <\/span><\/p>\n One of the steps to establish a limited liability company (LLC) in Dubai is to sign the Memorandum of Association and sign a local service agent agreement to represent the company to obtain licenses.<\/span><\/p>\n Submit the documents and papers that were approved in the previous steps to the Department of Economic Development in Dubai to obtain the trade license, certificate of incorporation, memorandum of engagement and participation certificates.<\/span><\/p>\n
\n<\/span>In this article, we discuss the establishment of a limited liability company in Dubai, the advantages it enjoys, and the documents required for incorporation in easy steps.<\/span>
\n<\/span>It is also possible to communicate with our company incorporation experts, and we will assist and undertake all necessary legal procedures and obtain a trade license as soon as possible, and we provide legal advice and integrated solutions to serve our customers.<\/span>
\n<\/span><\/p>\nIncorporation of a limited liability company in Dubai<\/span><\/h2>\n
\n<\/span>The limited liability company is managed by one or more managers from the partners or from outside the partners, and the maximum number of managers is 11, The manager of the limited liability company gets all management powers.<\/span>
\n<\/span>
\n<\/span>Reports issued by the commercial registration and licensing sector in Dubai showed that the number of commercial licenses issued to establish a limited liability company in Dubai (LLC) amounts to thousands of commercial licenses, and they vary between commercial, industrial, tourism and service, knowing that commercial is the largest percentage.<\/span>
\n<\/span>In the following points, we explain the distribution of licenses for limited liability companies in Dubai as follows:<\/span><\/p>\n\n
\n
\n
\n<\/span>Establishing a company in Dubai with limited liability (LLC) includes many advantages for the investor, as follows:<\/span><\/p>\n\n
\n<\/b>The investor or entrepreneur must be aware of some important points when considering establishing a company in Dubai with limited liability (LLC) and take legal measures to properly establish the company as follows:<\/span><\/p>\n\n
\n
\n
\n
\n
\n
\n