Quick Look DMCC

Dubai Multi Commodities Centre

One of the world’s leading free zone, with over 14,000 companies operating from the centre.

LICENSES: Service | Trading | Industrial

FACILITIES: Offices | Executive desks

COSTS: Medium (from US$12,000)

Recommended for: Established and startup consultancies, commodity traders, representative offices, regional headquarters

How we can help you?

  • Recommendthe best options as per your requirement!
  • Incorporate your company with ease!
  • Provide a holistic solution for all your business needs!

Please fill in your details so that our legal advisor can contact you and guide you through the process.

LIMITED LIABILITY COMPANY IN DUBAI

LLC formation in Dubai is the most popular license type and is preferred by many business owners.

An LLC formation in Dubai can have between 2-50 shareholders. The shareholders are liable only to the extent of their share in the capital of the LLC.

An LLC can have any industrial, commercial (trading), professional or tourism activity. There are some professional activities which are excluded, and some others require approvals of other regulated authorities.

For the LLC formation in Dubai, 51% of the share capital should be held in the name of a UAE National. The profits however, can be distributed in a different ratio, as specified in the Memorandum of Association.

LLC formation in Dubai allows both individuals and corporates to be shareholders in the firm.

Click here to download our guide to setting up a Limited Liability Company in Dubai. 

FORM YOUR LLC IN DUBAI NOW!

Advantages of setting up an LLC in Dubai

  • Easy setup
  • Cost-effective
  • Flexibility of doing business
  • Range of locations
  • Options for multiple visas
  • Sponsor of dependents

In addition to this, the LLC in Dubai can derive benefits from the extensive network of double-tax avoidance treaties that the United Arab Emirates has signed with countries worldwide, including countries such as India, Pakistan, Singapore, China, Malaysia, Canada, Germany, Italy, Austria and Holland.

Dubai offers the additional benefits of a very high standard of living and a vibrant expatriate community with people from over 180 nations living and working in the region.

Read our detailed article on setting up an LLC in Dubai here. 

Limited Liability Company

The liability of its shareholders is limited to the value of the share capital they hold in the company.

There is no prescribed share capital, hence in practice, the share capital for an LLC in Dubai is usually kept at AED 300,000.

This share capital does not have to be deposited in a bank account in the name of the LLC.

Ownership

51% of the share capital of an LLC in Dubai should be held in the name of a UAE National. The profits however, can be distributed in a different ratio, as specified in the Memorandum of Association.

Both individuals and corporates can be shareholders in an LLC.

We can help you structure your company through our LLC formation services. Contact us to discuss your requirements. 

A wide range of trading activities can be chosen for LLC formation in Dubai. You can choose from the following:

General Trading License

The general trading license allows the company in Dubai to trade in a wide range of products. Some products that require special approvals, such as jewelry, cars and alcohol, are not included.

Read more about the process and the advantages of setting up a General Trading License here. 

Specific Trading License

A Specific Trading License allows for the trading of specific related goods. This license is advised in case you do not wish to trade in a wide range of products.

Click here to download an updated list of business activities allowed by the Dubai Department of Economic Development. 

The process of applying for an LLC in Dubai is as follows:

  • Select business activity
  • Find a UAE National to act as local sponsor
  • Decide the distribution of the shareholding, the profits and losses among the partners and other operational modalities.
  • Reserve of a new trade name. Click here to know more details on acceptable trade names.
  • Sign the Memorandum of Association in the Dubai Courts. Click here to access a draft Memorandum of Association.
  • Rent office space in Dubai. You can choose from business centre desk options as well.
  • Pay the DED fees and obtain the trade license.

Contact us today to speak to our consultants who can guide you through the process.

Here are the documentation required for incorporation process:

Individual Shareholder

  • Passport copies of Manager and Shareholders
  • Residence Visa and Emirates ID / Tourist Visa / UID Report from Immigration from all shareholders and manager
  • 5 names of the proposed company for Trade Name Reservation
  • Memorandum Of Association (For Commercial and Industrial Activities)
  • Local Agent Agreement (For Professional Activities and Branch)
  • NOC from the sponsor if the manager or shareholder is employed in UAE
  • Tenancy Contract and Ejari of the office

Parent Company Documents* (for Corporate Shareholders/Branch Companies)

  • Certificate of Registration/Incorporation
  • Memorandum & Articles of Association
  • Board Resolution appointing the authorized signatory for all government and banking transactions and to represent the company in UAE
  • Power Of Attorney for authorized signatory

*The above documents should be notarized and attested in UAE Embassy in the country of origin and in Ministry of Foreign Affairs in UAE in case the parent company is outside UAE.

*In case of the parent company registered in UAE, the board resolution will be attested by the relevant license issuing authority of the parent company.

The cost of an LLC formation in Dubai. starts from AED 25,000, and depends on the activity chosen, and office space that the company rents.

Investors now have the option of LLC formation in Dubai. with a desk space as well. Additional costs include the registration of the company with the Ministries of Immigration and Labour and visa costs.

Click here to download a cost sheet that details the main costs incurred in setting up an LLC in Dubai mainland.

Download your DMCC company formation fact sheet here.

How can 10 Zone help in LLC formation?

10 Zone has:

  • Been setting up businesses in Dubai since 2004
  • Experts in consultancy and company formation
  • a team of highly qualified Lawyers, Chartered Accountants and Relationship Managers
  • Capabilities to assist you in English, Arabic, French, German, Turkish, Hindi, Afrikaans & Tagalog.

Our Services

  • Assistance in company formation
  • Assistance in bank account opening
  • Visa processing
  • VAT registration
  • HR & Payroll
  • Contracts and Agreements
  • Secretarial and Annual Compliances
  • Marketing and branding

ALL SERVICES