Useful advice and practical support from Dubai's LLC company formation experts.
Most entrepreneurs and business owners choose to set up Limited Liability Company (LLC) if they are looking to launch a new business here in Dubai.
Until recently, a local sponsor was mandatory for LLC company formation in Dubai, UAE. But now the rules have changed.
Foreign investors are now offered 100% ownership on UAE mainland if they meet a certain criteria. For those that do, a local sponsor is no longer required.
Find out your eligibility
If you are thinking of setting up a Limited Liability Company in Dubai, then you can save yourself a lot of time by contacting one of our agents. Among other things, they will be able to tell you more about the criteria - and the exact course of action you need to take.
When it comes to setting up a business and relocating to Dubai, there's a lot to learn. Find out more about how Time & Motion can speed up the bureaucracy so that you can start working and living in the 'City of Gold' sooner.
How to reach us
Are you ready to set up a business in Dubai? Do you need an agent to help secure visas and permits for living and working in the UAE?
Speak to Time & Motion - the most trusted business set up consultants in Dubai. We'll turn your aspirations for a new life into reality.
Common requests that we deal with:
- Free Zone trade license
- Mainland trade license
- LLC company formation license
- Family members residence permit
- Standard work permit
- Residence visa
- Golden visa
- Green residence permit
LLC Company Formation in Dubai and why it is a Popular Choice for Entrepreneurs
LLC company formation in Dubai has become a popular choice for entrepreneurs due to the city's favorable business environment. The United Arab Emirates (UAE) is ranked among the top countries in the world for ease of doing business, with Dubai being a significant contributor to this ranking. Dubai's government has implemented policies and initiatives that promote entrepreneurship and investment, making it an ideal location for starting a business.
100% Foreign Ownership
One of the significant advantages of LLC company formation in Dubai is that it allows 100% foreign ownership of the company. This means that entrepreneurs from all over the world can set up their business in Dubai without the need for a local partner. This policy has been put in place to attract foreign investment and promote economic growth.
LLC companies in Dubai enjoy tax exemptions on profits and capital gains, making it an attractive option for entrepreneurs looking to maximize their earnings. The UAE does not have a federal income tax system, and Dubai has implemented a zero-tax policy on personal and corporate income, making it a tax-efficient jurisdiction.
Dubai's strategic location makes it an ideal hub for businesses looking to expand into other markets in the Middle East, Africa, and Asia. Dubai's world-class infrastructure, including its ports, airports, and transportation systems, enables businesses to efficiently move their goods and services across borders. The city's central location between Europe and Asia makes it a crucial link between these two continents, making it an ideal location for companies looking to establish a presence in both regions.
LLC Company Formation Process
The process of LLC company formation in Dubai involves several steps, including selecting a suitable trade name, obtaining necessary permits and licenses, registering with the Department of Economic Development (DED), and opening a bank account. The DED is responsible for regulating and overseeing the formation of LLC companies in Dubai, ensuring that the process is transparent and efficient.
We're here to help
LLC company formation in Dubai offers numerous advantages for entrepreneurs looking to establish their business in the UAE. With its favorable business environment, 100% foreign ownership, tax exemptions, and strategic location, Dubai is an ideal location for starting a business. The process of LLC company formation involves several steps, which can be efficiently completed with the help of experts in the field.