LLC formation in UAE offers unparalleled access to the wider Emirates economy and is the most popular method of establishing a commercial company here.

1. www.hlbhamt.com

2. Introduction
• UAE allows LLCs to turn up with flexible, differential
profit sharing arrangements.
• Limited Liability Company can be formed with a
minimum of two and a maximum of fifty shareholders
whose liability is limited to their shares in the
businesses capital.
• 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 local business.

3. Introduction
• As it is mandatory to have a UAE national as a partner
in the LLC; prospective investor has the option to
choose the one UAE national (sponsor) as a partner in
the company.
• The span of time to form a company will be
approximately 1-2 weeks from the date of receipt of all
the documents.

4. Licensing Authorities
The licensing Authority for different places in UAE are
listed as follows:
• Dubai : Department of Economic Development
• Sharjah: Economic Development Department
• Other Emirates: Municipality/ Chamber of Commerce

5. Benefits of UAE LLC
• UAE While foreign equity in the company does not
exceed 49%, profit and losses can be shared in a ratio
different to that of the share capital.
• The most popular method of establishing a commercial
company in UAE.
• UAE LLC offers unparalleled access to the wider
Emirates economy.
• No specific minimum capital requirements. The
investor becomes the partner in the company.

6. Benefits of UAE LLC
• The investor gets the investor visa under which he/her
enjoys an investor’s status in the Emirates along with
his/her family.
• The investor has the option to commence branches.
• The investor can manage the business without the day-
to-day interference from the local partner.
• The assets and capital created will be in the name of
the company and not in the name of the local national
partner.

7. Benefits of UAE LLC
• Very few restrictions on the activities of an UAE LLC.
• Its easy to open global corporate bank accounts after
LLC setup.

8. We can assist you..
HLB Hamt is one of the best business consultancies in this
regard, and will help you and guide you to setup a
business in UAE with great ease. We are backed with a
team of hard-core professionals qualified in the field of
Auditing & Assurance, Accounting & Advisory, and
Business & Management Consultancy.

9. Contact us
HLB Hamt
18th floor, Suite 1801
City Tower -2, Sheikh Zayed Road
PO Box No 32665
Dubai - United Arab Emirates
+971 4 3277775
+971 4 3277677
john@hlbhamt.com
www.hlbhamt.com
www.hlbabudhabi.com