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New LLC Company Formation in Dubai UAE

In Dubai, there are a number of options for setting up new businesses and taking advantage of the local economic climate. One popular option is to setup a limited liability company, with a local partner who will own a government mandated portion of the business. Forming an LLC provides a number of benefits, but it is important that you are able to understand these benefits, by working with a consultant that can ensure that you are aware of your rights and legal obligations. Nam Accountants can help you in deciding whether a limited liability company structure is right for you, while ensuring that you are in full compliance when it comes to setting up your venture.

Company Formation: Why choose LLC?

There are a number of reasons why new businesses choose a limited liability structure. Some of the most common are:
• An LLC company provides unparalleled access to local and nearby connected markets. Additionally, it can easily obtain local licenses and permits.
• As opposed to setting up in a free zone, businesses formed outside these economic areas have the freedom to lease or purchase business space anywhere in Dubai. Leases in the city can be more affordable than those in the established free zones.
• Capital requirements have been relaxed by UAE law.
• Activities are less restricted than with other company schemes for foreign investors.
• Foreign investors partner with a local investor who must hold a 51% stake in the business. This can be a spouse or family member.

Expert advice from our company formation consultants

Nam Accountants will help you to decide whether it’s your best option to choose LLC as a corporate structure. One benefit of choosing to setup in this manner is that it can be quicker than some other corporate structures. Registration can take as short a time as three weeks, and is often completed within three months, providing all of the documentation is provided and that legal requirements are met. Working with a consultant from Nam Accountants will ensure that all of your paperwork is in order, reducing the time it takes to finalize the process.
Talk to Nam Accountants today to discuss the benefits of LLC company formation in Dubai UAE. Expert consultants with over 25 years of experience are on hand to discuss your business needs, and plot the best course of action.