Over the past decade, Dubai has emerged as one of the top business destinations in the world and attracts millions in LLC Company Formation in Dubai. Dubai has continued to be a favorite location for investors around the world for Company Formation- LLC as it remains tax free and diverse in its policy. Most of the investors prefer to setup Limited Liability Company or LLC Company formation in Dubai.
The Limited Liability Company can be formed with minimum of 2 and a maximum of 50 shareholders and the liability of shareholders are limited to their own share in the company capital. The LLC Companies are restricted to perform some kind of business activities like banking, insurance or money investment.
A Limited Liability Company requires an Emirati local sponsor or silent partner with 51% of share in the company and the expatriate investor will hold 49% of share. After all legal procedures are done, this local partner or silent partner will make an agreement in the court that he has no involvement in the company.
At Express Business, we provide complete assistance for clients who are interested in LLC company formation in Dubai. Our business consultants clearly understand your requirements, your budget, nature of your business activity, complete details of your partners and gives complete assistance in LLC Company formation in Dubai. We help in guiding the clients to find proper location for setting up LLC company, also we can provide reliable local sponsor for your llc company formation Dubai. We take care of the entire incorporation process and obtain trade license and all other legal documents of the company within the shortest period of time.
On 10th August 2009, the capital requirement law was cancelled and in Dubai a Limited Liability Company can be registered without having Bank Deposit Certificate and Auditor Certificate. Thus making LLC Company Formation in Dubai less burdensome for the expirates.