09/01/2024
Curious to know how to start a business in Dubai?
In our latest guide, we break down the perks of an LLC company set up, before providing a comprehensive overview of the steps involved in establishing an LLC company in this dynamic and prosperous city 😀
Here are some of the requirements you will need to meet before you can start trading in Dubai:
▪️Capital requirements
LLCs in Dubai are required to have a minimum share capital, which varies depending on the business activity and location.
▪️Sponsors
Foreign investors are now offered 100% ownership on UAE mainland if they meet a certain criteria. For those that do, a local sponsor is no longer required.
▪️Legal approvals
Several government approvals are required before finalising the LLC registration.
▪️Office space
LLCs are required to have a physical office space to operate in Dubai. A lease agreement for the office space is a prerequisite for completing the registration process.
Read the full article on our website now ⬇️
https://www.time-motion.ae/blog/a-guide-to-llc-company-set-up-in-dubai
In this guide, we break down the perks of an LLC company set up, before providing a comprehensive overview of the steps involved in establishing an LLC company in this dynamic and prosperous city.