Your question: How do I register a LLC in Dubai?

How much does it cost to register an LLC in Dubai?

The cost for LLC license (with General Trading activity) in Dubai will be AED 26,990 approx. which is roughly $ 7350 for the first year. License renewal cost for next year will be reduced by AED 12,000 so Renewal cost will be AED 14,990 approx.

How do I set up an LLC in Dubai?

Steps to Start a LLC Company in Dubai

  1. Decide on a Trade Name. Choose a suitable name that is unique as well as relatable to your business.
  2. Choose a Location. Choose a location that suits you according to the type of your business. …
  3. Get a Local Sponsor. …
  4. Get Required Documents. …
  5. Obtain License and Pay Fees.

How do I set up an LLC in UAE?

How to set up LLC in Dubai

  1. Choose a suitable and unique name and the type of activities that the LLC will be involved in.
  2. Choose an appropriate location that suits you according to type of your business. …
  3. Make agreement with a local sponsor who will own 51% shares of your LLC (profits may be distributed differently)
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What is an LLC in Dubai?

The standard type of company in the UAE mainland is the Limited Liability Company (LLC). The DED is the government body authorised to issue all licences for LLCs and is responsible for classifying and regulating the types of economic activity that may be undertaken.

How can I start a business without money in Dubai?

Low cost business ideas in Dubai, UAE

  1. Pet sitting. An increasing number of UAE residents now own pets. …
  2. Tutoring / Instruction. …
  3. Consultancy. …
  4. Cleaning Services. …
  5. Build websites. …
  6. Social media expert. …
  7. E-commerce store.

What are the requirements for a LLC?

However, certain elements of structure are requirements for an LLC.

  • Business Name. Your LLC must have a name that is unique and is not the same or confusingly similar to another business. …
  • Registered Agent. …
  • Operating Agreement. …
  • Articles of Organization. …
  • Business Licenses and Permits. …
  • Statement of Information Form. …
  • Tax Forms.

How many partners can an LLC have in Dubai?

2.4 Minimum of two Partners; maximum 50; Single shareholder LLC is possible but on account of the restriction of foreign shareholding to 49%, such entity can be incorporated for UAE Nationals.

How much does a business license cost in Dubai?

From small and medium enterprises to multinational companies – all types of businesses need to be licensed to operate legally. If you are wondering how much a small business license cost in Dubai, then the quick answer to that is minimum AED 8000 to AED 10000 (approx.).

Which is the cheapest free zone in UAE?

Ajman Media City is the cheapest free zone in UAE. It offers investors a range of business activities and business license types at the lowest cost.

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How much does it cost to register a company in UAE?

Fees

Different UAE entity types
Abu Dhabi representative office US$14,750 US$9,100
Abu Dhabi branch of a foreign company US$37,400 US$11,750
RAK LLC US$23,400 US$10,400
RAK joint stock company US$23,400 US$10,400

Whats the difference between LTD and LLC?

LLC, there are minor differences, but they are largely the same. LLCs and Ltds are governed under state law, but the primary difference is Ltds pay taxes while LLCs do not. The abbreviation “Ltd” means limited and is most commonly seen within the European Union and affords owners the same protections as an LLC.

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