Limited Liability Company
Limited Liability Company
It is beyond doubt that over the past few decades, the United Arab Emirates has cemented itself as a business friendly hub. With its astonishing infrastructure with modern amenities, the UAE is the most happening place in all sense of the world. Its rapid growth is the result of its business-friendly initiatives and rules, which help every entrepreneur set up their dream and grow beyond it limits, thanks to the foresightedness of the country’s rulers. Even though there are free zone business options, majority of entrepreneurs prefer having a limited liability company because of its advantages.
Limited Liability Company is the main form of companies in the UAE. A Limited Liability Company, commonly known as LLC, is a company that is formed with a minimum of 2 partners, upto 50 partners. The members of the company can have a combination of expats and UAE nationals as their partners.
12
years of experiences
Best Awarded Company
We adapt our delivery to the way your work, whether as an external provider.
benefits on having an LLC
Investor visa for the partners
Expat partners receive an investor visa that is valid for three years, which extends to their family members as well.
No restraint on capital requirements
There is a specific amount that needs to be deposited in the bank during the initial day of processing the license, however that constraint doesn’t extend during the lifetime of the business.
Liberty to rent commercial space
The company can rent an office anywhere in the emirate where it is registered, and have branch offices all over the country.
Limited obligations
An LLC, just like its name implies, has its obligations limited to the amount of capital invested into the business. Moreover, this license also provides expats to operate their business with minimal or zero interference from their local sponsor.
Secure and reliable
The Economic Development Departments in all Emirates take special care in ensuring that the license holders have all the facilities to ensure smooth functioning of their business.
Request For Service
Considering opening up an LLC in the UAE but do not know how to go forward with it? We at Fimkins have a highly professional personnel, who will assist you in each and every step to make this process as smooth and quick as possible!