How much does it cost to set up an LLC in Dubai?
How much does it cost to set up an LLC in Dubai?
AED 22,000 to AED 24,000
The registration cost to set up a Limited Liability Company in Dubai typically ranges from AED 22,000 to AED 24,000. This translates to around USD 6,000 to USD 6,500.
Can you set up LLC in Dubai?
One of the ways to set up a business in Dubai is through a Limited Liability Company or LLC for short. A Limited Liability Company in Dubai is the most common form of business. It can be formed by a minimum of 2 and a maximum of 50 shareholders, whose liability is limited to their shares in the business capital.
What is LLC company in Dubai?
Limited Liability Company (LLC) is the most common form of business in UAE. A Limited Liability Company can be formed by a minimum of 2 and a maximum of 50 shareholders whose liability is limited to their shares in the business capital.
Is LLC a corporation in UAE?
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 much is LLC license in UAE?
Fees
| Different UAE entity types | ||
|---|---|---|
| Dubai joint stock company | US$22,000 | US$9,850 |
| Dubai representative office | US$26,200 | US$4,900 |
| Dubai branch of a foreign company | US$35,450 | US$13,800 |
| Abu Dhabi LLC | US$24,500 | US$11,050 |
How can I get LLC license in UAE?
Here are the key steps to a limited liability company in Dubai.
- Determine the type of legal entity.
- Choose a trading name.
- Apply for a business license.
- Choose an office space.
- Get pre-approvals, register your business and get your license.
How do I start an LLC in UAE?
Here are the key steps to an LLC company formation in Dubai:
- Determine the type of legal entity.
- Choose a trading name.
- Apply for a business license.
- Choose an office space.
- Get pre-approvals, register your business and get your license.
How long does it take to set up a LLC in Dubai?
According to most of the business consultants in Dubai, setting up a business takes up to 4 to 5 days working days, but it does depend on the several factors and certifications obligated to the company’s establishment.
How much does LLC cost in UAE?
Fees
| Different UAE entity types | ||
|---|---|---|
| UAE mainland | Year 1 Cost | Year 2 Cost |
| Dubai trading LLC | US$22,980 | US$9,850 |
| Dubai professional services LLC | US$22,980 | US$9,850 |
| Dubai subsidiary LLC | US$22,980 | US$9,850 |
What is single owner LLC Dubai?
The Single Person LLC is a legally recognised business form in which the owner would be the only director as well as the shareholder of the company. Seeking the assistance of business setup consultants in Dubai gives the investors a simple route to complete the procedures of One-person LLC incorporation.
What is the difference between LLC and sole establishment in Dubai?
The major difference between the two is that LLCs can be formed with multiple shareholders, while sole establishments cannot. This also means that sole establishments have unlimited liability for the owner – which could be very costly should your business run into financial or legal trouble.