Why Limited Liability Company (LLC) Formation in Dubai mainland  and Dubai  Free zone Business Setup

The United Arab Emirates is the central leading business hub in the world. The UAE is rapidly developing in all regards and is already planning to expand its technology, machinery, and resources by 2020. The 2020 Expo was hosted by Dubai (UAE), the most luxurious and famous Emirate of UAE. Business Setup in Dubai allows you to make accurate, flexible, differential profit-sharing arrangements & Contract with your UAE National Sponsor for Mainland Company Formation in Dubai. The Investor can pay a fixed annual fee, a percentage of sales, or a percentage of profits. In UAE, a fixed yearly fee is the most popular method because you do not have to disclose your accounts to anyone like your Sponsor.

Mainland Company Registration in Dubai

Fee Arrangement can be part of the legal agreement you sign with your Dubai Local Sponsor. A limited Liability Company can be formed by a minimum of two and a maximum of 50 Partners. All partners have liability limited to their shares in the company invested capital. Business setting up in Dubai is more Beneficial because Dubai is Tex free Country and an extensive hub of Trade between Asia and the US or Western Europe. A shareholding pattern for foreign company registration in Dubai will be.

local limited company setup in dubai

Local Limited Mainland Company Formation Dubai

A Dubai Mainland Company requires an Emirati Local Sponsor or Silent partner. The percentage of Local Partners describe below.

  1. UAE national Sponsor 51%
  2. Foreign Shareholder (s) 49%

Creating a limited liability company in Dubai with a local partner requires legal procedures. The local sponsor agrees in court that he has no involvement in the company and is not responsible for the company’s profits or losses in Dubai, the United Arab Emirates, or any other UAE country.

Type of LLCBusiness Setup in Dubai Mainland Licences!

LLC Business Setup in Dubai

we take care of all the legal requirements for setting up a business in Dubai. To provide maximum benefit to the business owners.

  • Professional License: for non-physical services such as consultancy etc.
  • Commercial License: for trading activities such as import and export
  • Industrial License:  for manufacturing and development activities
  • Branch Office License:  for managing activities outside the parent branch
  • Representative Office License:  for marketing purposes of products or services

DUBAI MAINLAND TRADE LICENSES TYPES

There are a few essential license types in Dubai Mainland areas, which differ from free zone areas’ licensing options. In UAE (united Arab emirates), seven categories of Business organizations can be established in Dubai, Ajman, Sharjah, and other UAE regions to start a business in Dubai. It sets out the requirements for shareholders, directors, minimum capital levels, and incorporation Procedures.! General Partnership Company.

  1. Sole Proprietor Company                5. Public Shareholding Company
  2. Partnership-en-comments              6. Joint Venture Company
  3. Limited liability Company (LLC)   7. Private Shareholding Company
  4. Share Partnership Company
dubai mainland company formation

DUBAI MAINLAND BUSINESS SET UP JURISDICTIONS IN UNITED ARAB EMIRATES

Dubai is the best place for business in the United Arab Emirates that is growing Day by Day, developing and offering flexible, affordable offers for all investors. Dubai is the top-ranked business hub in the world because of its developing advanced technology and flexible rules and regulation. Dubai mainland has eight jurisdictions where a business owner can make his company formation effectively and quickly. Economic Development Department Dubai Find more details about the jurisdictions of Dubai Mainland. Find below more details

How to open LLC Business Setup in Bur Dubai

Mainland Dubai business formation in bur Dubai is the best place because Bur Dubai is the most historic district in Dubai. Dubai Creek is the most attractive place for tourists due to most museums, heritage sites, local and traditional shops, fast food, restaurants, hospitality, tourism industry, a tourism company, and boutique hotels. It can be cafeterias setting up a business in Dubai.

bur dubai business setup dubai uae

Mainland Company Formation in Al Qusais Dubai

It is located between the Dubai and Sharjah borders and is ideal for starting up residential and industrial zones, educational institutions, medical centres, shopping centres, and automobile industry businesses. It is also one of the most cost-effective options in the region.

company formation at al qusais

Company Registration in Deira Dubai

Company registration in Deira is ideal for startup Dubai companies, SMEs, traders, and small shops running the old business culture of the UAE. Deira Dubai area is also a cultural and historical place. Famous Wholesales market in all types of products in Dubai, Deira is a good choice for business people and investors who want to start a retail and wholesale business in Dubai.

deira business setup dubai uae

Company Formation in Al Karama Dubai 

Al Karama, also known as the name Karama is a residential district in Dubai with real estate business opportunities and residential buildings and places. It is close to the famous Dubai Creek Park. It has good options for business owners who want to proceed with their business in real estate services and easy connectivity to the prestigious region of Downtown Dubai.

company formation alkarama dubai uae

Start a Company Setup in Business Bay Dubai

Business Bay is located near Shiekh Zayed Road, the ideal spot for professional consultancies, financial sectors, hospitality, retail industries, and much more. In Dubai, there are a variety of company formation and business setup centres in Business Bay.

start a company in business bay dubai uae

Register a Company on Sheikh Zayed Road Dubai

Investing in company registration in Dubai Sheikh Zayed Road is an ideal choice for many business categories. Since Sheikh Zayed Road is the longest road in the emirate, it offers many benefits for trading since it links Abu Dhabi Emirate and Ras Al Khaimah Emirate of UAE. There are many business setup centers, a world trade center, Burj al-Khalifa, Dubai Mall, Emirates Mall, and many other skyline buildings in Dubai. Those in the elite class looking for business opportunities in Dubai should consider multinational organizations.

sheikh zayed dubai

Company Formation in Jumeirah Dubai

Jumeirah is a locality with residential plots, tourism sectors and hubs of shopping centers offering lavish business development modules. Setting up a company in the Dubai Jumeirah region can be ideal for small startups and large businesses. Jumeirah residential is the seafronts have many beaches and the most attractive place for tourists.

Jumeirah company formation

Mainland LLC Company Setup in Al Quoz Dubai

Al Qouz is recognized as the fastest-growing area in Dubai. Al -Quoz is a residential & industrial region having a number of large warehouses, garages, and labor accommodations for manufacturing companies. Al quoz area is located between Sheikh Zayed Road and Al Khail Road. It’s a good option for manufacturing and sampling companies & industrial facilities for setting up a business.

company startup at al quoz

ABS CONSULTANCY AS YOUR BUSINESS CONSULTANT

  1. Legal Structures for Business Set up.! we take care of all the legal requirements for a business in Dubai. In order to provide maximum benefit to business owners.
  2. Submit the proposed company name and registration application to the Department of Economic Development (DED).
  3. Get the company’s Memorandum of Association in DED Notarized as Dubai Pro.
  4. File documents of the company with DED to obtain a trade license from the Chamber of Commerce and Industry.
  5. Create a name board.
  6. Submit the application to the Ministry of Labor for Establishment Card.
  7. Ensure registration of native workers with the Ministry of Labor and General Authority for Pension and Social Security.

BUSINESS DED ACTIVITIES  AND GOVT DEPARTMENTS INVOLVE IN SETTING UP BUSINESS IN DUBAI

Activities And Licensing Ministry / Department

  • Medical Pharmacy etc. Ministry of Health
  • Telecommunication Equipment. Ministry of Communication
  • Air Transport, Air Cargo, etc. Dept. of Civil Aviation
  • Financial Institutions, Banks, Money Exchange, etc. Central Bank
  • Agriculture, Veterinary, etc.                 Ministry of Agriculture
  • Engineering and Constructing, etc. Municipality
    Legal consultancy. Ruler’s Office
  • Education, Training, etc. Ministry of Education
  • Publishing, Printing, Newspaper, Advertising, Video Film, Photography, etc. Ministry of Information
    Branch of Foreign Company, Insurance Company, Chartered Accountants Firm, etc.
  • Customs Clearance, Freight Forwarding Sea Cargo, etc. Ministry of Economy – Seaports and Customs Authority

LLC Company Setup Procedures in Dubai

  1. Choose the appropriate legal structure of the business
  2. Select the name and the activities involved in your application
  3. Complete and submit the required documentation to get the license from the Department of Economic Development of the UAE
  4. Some special business activities get first approvals from relevant regulatory and government authorities.
  5. Get an office, virtual office, warehouse, or land for the company formation operations.
  6. Obtaining Trade License and Certificate of incorporation and Memorandum of Association, Share Certificates, and Tenancy Agreement for your Dubai LLC Company Setup.
  7. Processing Visas Labor Cards and other legal documents

Required Documents for LLC Company Formation in Dubai

  1. investors Passport Copy
  2. Local sponsors passport copy
  3. Managers passport copy
  4. NOC letter from the sponsor if the partner or the Manager has a residence visa in the UAE.
  5. Registration application form from Dubai Economic Department
    Trade name reservation
  6. initial approval from the Dubai Economic Department
  7. Tenancy contract for the office and warehouse attested by the planning department and civil defence department of Dubai municipality along with location plan
  8. Memorandum of Association duly attested from the public notary

We can help you with the processes in the following government departments.

Business Registration in Dubai

A new bee in Dubai has some difficulties starting a new business in Dubai and other United Arab Emirates Regions, finding a trustworthy local sponsor and following Emirates regulations for setting up a business in Dubai, preparing the necessary documents, and submitting them to the government. We have authorized Business Consultant Dubai. We provide complete assistance for company formation in Dubai, full details about business formation activities, Company registration Fees, and a comprehensive guide for running a new business in Dubai or starting a business in Dubai.

Cost of Company Formation in Dubai

The cost of Business Formation in Dubai is different and varies depending on the nature of the business. Company formation costs in Dubai have no hidden charges. Everything is online on the Dubai Government Website, including all requirements, procedures, visa processing, and immigration Processes. For the mainland, business formation needs a physical office location.

LLC Business Setup in Dubai – Company Benefits

LLC Business Setup in Dubai provides a lot of business benefits. Want to deal in Dubai mainland market for products or services in the local market, in all regions of the United Arab Emirates.

Find a few benefits for the investors from LLC Business Setup in Dubai.

  • No customs duty on imported goods
  • Investor visa for the stakeholders along with eligibility to sponsor family
  • Add more staff to your business as required without any hassles with visa quota.
  • Enhanced credibility in banks for opening a Corporate Bank Account
  • Hassle-free opening of a new branch in the mainland if required
  • Participate in tenders and take up government projects and assignments
  • Purchase real estate in Dubai under the company name
  • Freely trade in the local UAE market as well as the rest of the GCC region and the world

The estimated cost for LLC company registration in Dubai is given below:

* Note:

  • 5% of the Amount of premises rent to be paid to the Government.
  • For Contracting License, a one-time fee of AED 10,000 is required.
  • Chamber of commerce fees AED 1200 per year for a standard trading company. If it is an industrial company, these fees come to AED 2200.
  • Waste fees for the municipality AED 1000 per year are for a regular trading company. If it is an industrial company, these fees come to AED 2000.
  • For the formation of a General trading company, one-time fees of AED 15,000 are required.
  • For Real Estate Brokers Company, fees for the Economic Department of AED 5,000/- are required.
  • There is an extra fee of AED 2000 per year for foreign trade names.

TYPE OF LICENSE ACTIVITY ANNUAL FEE

Description Services License Fee Trading License Fee
Sole Establishment Civil Company Limited Liability Company
Trade Name Submission AED 776.50 AED 776.50 AED 776.50
Initial Submission Approval AED 256.50 AED 256.50 AED 256.50
Local Service Agent Agreement AED 441 AED 4410 AED 650
Virtual Office with Ejari & Tenancy for 1 year AED 10,000 AED 7,000 AED 10,000
License Fee AED 8000 AED 9000 AED 13,000
Total AED 19,474 AED 21,443 AED 24,683

Want to start a business in Ajman Free Zone? We are a registered agent and provide fast and reliable services for company formation in Ajman Free Zone.

Ajman Media City free zone is newly established in the United Arab Emirates. We can assist with the new business formation in Ajman Media City Freezone, PRO Services for AMCFZ, and Visa Services.

Setting up Business in Sharjah, We are business consultants and assist in Company formation in Sharjah mainland and free zones.