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Limited Liability Company Dubai (LLC)

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    Limited Liability Company Dubai (LLC)

    People who look forward to trade in the regions of UAE often end up incorporating a Dubai Mainland LLC Company. Acquiring an LLC Company in Dubai has its own benefits and characteristics and is unlike the other investment programs.

    Requirements to Run an LLC Company in Dubai?

    • A Limited Liability Company should require a minimum of two individuals to start & run the company.
    • You should know that 51% of the shares must be owned by a person belonging to the United Arab Emirates and the Foreign National gets to own only 49% of the shares.
    • The minimum capital requirement would be 300,000 dirhams, either in the form of cash or kind (usage of goods or service instead of cash).
    • The capital amount should be divided into equal shares and the value of each share must not be above 1,000 dirhams.
    • Passport copies of the shareholders and director’s passports.

    The Ministry of Trade should approve the registration of the company.

    Advantages of a Limited Liability Company (LLC)

    • No corporate tax and VAT imposed on products that are imported & exported.
    • Opening International Corporate Bank Account becomes easy.
    • You can buy property in regions of UAE without any number restrictions.
    • You get a UAE resident visa on acquiring & running an LLC in Dubai.
    • The individual can make use of the knowledge of the local Emirati which could help grow your business.
    • Business activities can be managed with very least or no external interference.

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      Frequently Asked Questions

      Do I need a job offer to get a Canada PR?

      A job offer is optional to receive an invitation and get a Canada Permanent Residence. However, a valid job offer from a Canadian employer or a nomination from a province will increase the CRS points and can help you receive an ITA quickly.

      Can I update my express entry profile after creating it?

      Yes. You can update your Express Entry profile now and then, adding new educational qualifications, improved language scores, or increased work experience, which would increase your chances of receiving an ITA.

      Is there any specific time during the year of creating an Express Entry profile?

      No! You can submit your profile under the Express Entry Program at any time of the year.

      Is the Canada PR requirements for Indians different from others?

      No. The requirements for applying for a PR is same for all and it doesn’t differ for countries.

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