Mainland Company SetupEasy, Reliable Mainland Company Formation in UAE.
Limited Liability Company (LLC)
A Limited Liability Company can be formed by a minimum of two and a maximum of fifty shareholders whose liability is limited to their shares in the company’s capital. Under the Commercial Companies Law or CCL (Federal Law No. 8 of 1984 Concerning Commercial Companies as amended by Federal Law No 1 of 1984 and Federal Law No 13 of 1988, Federal Law No. 15 of 1998), foreign investors are permitted to hold up to 49 % equity ownership in UAE companies, whereas 51 % of the equity must be owned by UAE National(s). Such companies are recognized as offering a suitable structure for foreign individuals or Organisations interested in developing a long term relationship with the local business community. We have the professional expertise to help you incorporate your LLC from the seed idea to getting approvals and clearances from the Government Departments, Finding the right local partners or sponsors, banking recommendations, identifying business centers and office location, and handling other documentation formalities. Benefits of LLC ● Access to clients both in the UAE and Free Zones.● No restriction of Office Location● Unlimited employee visas.● 100 % Tax Free Income● No minimal Capital Requirement.● Investor can manage the business without interference from the local partner.● Easy access to local/ global bank accounts and loan facilities. PROFESSIONAL FIRMS/CIVIL COMPANIES Professional License is usually awarded to Companies that provide a professional service to the general public like artists, writers etc. The Firm/Company shall be regarded as a Professional Company. For example, Management Consultancy, Marketing Consultancy etc. A 51% local equity like Limited Liability Companies is not necessary for Professional Firms. However, a UAE national has to be appointed as LSA(Local Service Agent) but the LSA will not have a direct involvement in the business. LSAs will be paid on an Annual Basis as a fixed sum or a percentage of the profit. Benefits of Professional Firms100 % ownership of the firm.Access to the wider UAE economy unlike Free Zones.Tax Free Income.No restriction on employee visas.