2. As Abu Dhabi's economy is in a booming stage
with major new projects announced in the oil,
gas and construction industries, as well as the
tourism industry,an Abu Dhabi LLC is an ideal
vehicle through which to bid for tenders and tap
opportunities in these sectors.
3. A limited company may be formed by a
minimum of two and a maximum of fifty
persons whose liability is limited to their shares
in the businesses capital.
4. Most companies with foreign partners have
opted for the Limited Liability Company, due to
the fact that this is the only option that'll give
maximum legal ownership i.e. 49% to the
expatriates for a trading license.
5. As it is compulsory to keep one UAE national as
a partner in the LLC company, prospective
investor has to choose one UAE national
(sponsor) as a partner in the company.
6. Advantages of a Abu Dhabi LLC
• Abu Dhabi LLC formation is a suitable path for
international entrepreneurs to secure lucrative
contracts in Abu Dhabi.
• Using an LLC, it is possible to obtain a UAE trade
license from the Abu Dhabi Chamber of
Commerce and Industry, obtain local visas, rent
Abu Dhabi business premises and open a local
corporate bank account.
• While foreign equity in the company may not
exceed 49%, profit and losses will be shared in a
ratio different to that of the share capital ratios
7. • An Abu Dhabi LLC which exports national
industrial products is exempted from any taxes or
export fees.
• No specific minimum capital requirements
• The investor becomes the partner in the
company.
• The investor gets the investor visa under which
he/her enjoys an investor’s status in Abu Dhabi
along with his/her family.
• The investor can create more branches at
different places for his activities.
8. • The investor can run the business without the
day-to-day interference of the local national
partner.
• The assets and capital created will be in the name
of the company and not in the name of the local
national partner.
• Only a few restrictions on the activities of a Abu
Dhabi LLC
• Easy to open global corporate bank accounts
following Abu Dhabi LLC set up
9. HLB Hamt’s LLC incorporation services
HLB Hamt will work with you to handle your LLC
formation from start to finish
10. We give strategic inputs, work with you on your
business plan, help bring in local equity, and also
handle paperwork and documentation
formalities.
11. We handle the details for you, so you're free to
concentrate on the bigger picture - your
business.
