As one of the world's thriving business hubs, Dubai offers immense opportunities for both domestic and international entrepreneurs. One of the most popular business structures in this Emirate is the Limited Liability Company (LLC). Establishing an LLC in Dubai has multiple advantages including tax benefits, zero restrictions on repatriation of profits, and a low import duty. This article, provided by 28 Group, will guide you through the process of setting up an LLC in Dubai.
Forming a Limited Liability Company (LLC) involves legal formalities, which can be easily navigated with the right guide. Once you decide to establish an LLC in Dubai, the first step is identifying a local sponsor who holds at least 51% of shares, as required by UAE law. The next step is obtaining initial approval from the Department of Economic Development (DED), followed by trade name reservation. However, these administrative procedures can seem daunting, particularly to foreign entrepreneurs. It's where 28 Group comes in, offering valuable assistance throughout every step.
28 Group, a Dubai-based company with vast experience in company formation, offers professional services tailored to your specific needs. We dissect the complexity of starting an LLC in Dubai into manageable tasks. From obtaining the necessary licenses to opening a corporate bank account for your LLC, 28 Group offers a comprehensive service package.
To conclude, establishing an LLC in Dubai offers vast opportunities but may seem complex. As skilled experts specializing in forming Limited Liability Company (LLC) in Dubai, 28 Group is here to ease the process and turn your dream of owning a profitable business in Dubai into reality. We are just one call away, ready to support you at every step of your business setup journey.