Mainland Company-LLC

 Description 

This company type offers unrivaled access to Dubai government business and the local UAE economy. A Dubai LLC can legally operate inside and outside of the UAE with few restrictions, which allows the freedom to trade anywhere. This also gives you the flexibility to choose a location in virtually any area of Dubai and opens up opportunities for a wide variety of business enterprises.

Legality and Regulations 

Right Consulting Middle East provides access to elite corporate sponsors to serve as your 51% local shareholder in Dubai. All agreements and documents are drafted by our cutting-edge legal teams with the objective of protecting your shareholder rights, while providing financial and operational control of your business. The UAE has seven categories of business organisation:

  • General Partnership Company
  • Partnership-en-commendams 
  • Joint venture Company 
  • Public Shareholding Company 
  • Private Shareholding Company 
  • Limited liability Company (LLC) 
  • Share Partnership Company 

LLCs are more commonly used by foreign investors as they have many advantages. Through a Dubai LLC formation, investors have a strong physical presence in Dubai with cost-effective office space that is readily available. This company type often requires minimal capital and makes opening a global corporate bank account easy.

Process 

The total time required to form a company is between two weeks to two months from the date of document submission. Right Consulting Middle East streamlines the entire process. Once you have selected your business activity, legal form, and trade name, we apply for initial approval and draft a memorandum of understanding (MoU). At the final stage, a business location is established and we obtain a licence for your business activity.

In Dubai, the Department of Economic Development issues three types of licences: 

  • Commercial licences that cover all trading activity
  • Professional licences for individual professions, services, craftsmen and artisans

Industrial licenses for establishing industrial or manufacturing activity