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Register your LLC Company in Dubai: Getting your registered business in Dubai is an important step in establishing your company in Dubai. Registration in the Dubai mainland is a more complicated process than in a free zone but has a lot more benefits depending upon the business.
A Limited Liability Company (LLC) licence is given for many industrial and commercial business activities. Company formation as LLC means that the UAE shareholder should own 51% of your company. The number of shareholders can go up to 50 for a Limited Liability Company.
There is no minimum cap on capital investment. The process of getting your business registered in Dubai is easy provided you know which departments should issue your documentation. You can also hire up to 5 managers who may not be UAE nationals.
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The cost of registration varies for mainland, free zone, and for branches. You will need a trading licence. The most expensive part of setting up an LLC is the office space rent. According to the popularity of the location, it can be on the higher side of your expectation. Try to negotiate a contract for a period like 1-year instead of the monthly rent. You can also choose a less popular location to keep your costs low.
The rates vary for general trading companies and industrial trading companies. You have to shell out extra for getting a foreign name, and if you are trading in items that require permissions from other departments.
Hire a consultant to get clear information and easy route to get your business registered in Dubai.
Originally posted 2021-09-29 03:52:27.