For a Limited Liability Company in Dubai, it is mandatory to have a UAE national as a partner in the LLC, with 51% of shares, and 49% of the shares go to the expatriates. The business will require a license from the Department of Economic Development (DED), along with other formal and legal documentation.
As Advocates and Legal Consultants at ProConsult, the leading law firm in the UAE, we have the expertise to structure and set up your new business in Dubai, and provide you with a trustworthy local sponsor.
Benefits of LLC Company in Dubai
Profit and losses can be shared at a ratio different from the share capital
No specific minimum capital is required
The investor becomes a partner in the company
The investor gets the investor visa and has option to commence branches of the business
Assets and capital are created in the name of the company
Manage business without interference from the local partner
Easy to open global/local corporate bank accounts and avail credit facilities
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ProConsult Address
ProConsult Advocates & Legal Consultants offices are located on Sheikh Zayed Rd., Grosvenor House Commercial Tower, 3rd Floor Office 301, above Costa coffee shop, next to Crowne Plaza Hotel,