LLC Formation in Dubai

HLB HAMT

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HLB HAMT - Accounting Firm in UAE

Phone:- +971 4 327 7775
Mobile:- +971 55 160 1291
WhatsApp:- +971 56 219 1607
Email:- dubai@hlbhamt.com

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    Dubai has established itself as one of the top markets in the world to start a business. The nation has the outstanding infrastructure, minimal income tax, and free trade zones that permit 100% ownership. These aspects along with Dubai’s location, make it the best place in the world to launch a business.

    It can be simple to define a Limited Liability Company (LLC) as a commercial enterprise with a maximum of 50 shareholders. For foreigners and expatriates living in the UAE, LLC is the easiest legal form of company formation. As a result, it is also the most popular and commonly taken route. HLB HAMT consultants can help you with LLC Company Formation in Dubai.

    The Key advantages of LLC formation in the UAE

    • Up to 50 shareholders are allowed.
    • The liability of each shareholder is limited to his or her shares in the company’s capital.
    • It is possible to conduct business everywhere in the GCC and the UAE (including its more than 50 free zones).
    • There are several options for renting or owning office space.
    • A variety of business activities

    A UAE National Sponsor will no longer be necessary for several firms licensing categories. This permits 100% foreign ownership of businesses in non-free zone enterprises.

    Steps to open a Limited Liability Company in Dubai, UAE

    You must adhere to specified procedures and make sure that the business conforms to all relevant laws and rules to establish an LLC in Dubai. HLB HAMT consultants make these steps easier with perfect solutions. The steps for setting up an LLC in Dubai, United Arab Emirates, are as follows:


    Step 1:- Select a name

    You must decide on the company’s name and the activities that it will engage in.
     
     

    Step 2:- Selecting a Location

    To get the most out of your office, you should choose a location accessible to your market, appropriate for your business, and close to public transportation.
     
     

    Step 3:- Choose a business activity

    It is crucial to consider the correct activity when registering a company in Dubai. You can get assistance from HLB HAMT in choosing the perfect business venture for your dream enterprise.
     
     

    Step 4:- Submit all papers to the DED

    Once you’ve chosen a name, an activity, and a place, submit all the necessary paperwork to DED for approval.
     
     

    Step 5:- The Activity Approval Process

    You will need to seek permission from the other required authorities if your prospective firm engages in particular activities.
     
     

    Step 6:- Acquire licenses

    You can obtain a Memorandum of Association, Certificate of Incorporation, Trade License, Share Certificates, Visas, Tenancy Agreement, Labor Cards, and other legal documents after the required authorities approve the activities.

     

    Requirements for LLC Company Formation in Dubai

    Dubai LLC Company Formation requires the following requirements:

    • A limited liability business must have a minimum of two partners and a maximum of 50.
    • There must be a minimum of one manager and a maximum of five. Additionally, shareholders may be appointed as managers. These managers oversee the daily operations.
    • Once the Dubai LLC Company is formed, you can conduct industrial and commercial activities. These Dubai LLC businesses are prohibited from engaging in the practice of accounting, financial statement auditing, legal consulting, or other consulting services.
    • According to the business’s activity, as listed in Dubai’s name, the LLC Company’s name in Dubai should be the same.
    • Public subscription is not allowed for the shares of the Dubai LLC company to establish or raise capital.

    As previously stated, there are two sorts of approvals required for LLC company formation in Dubai: initial approval and final approval. Documentation is different for both of these procedures. HLB HAMT consultants make your documentation procedure simple with efficient solutions.

    Why Choose HLB HAMT for Setting Up a Limited Liability Company, Dubai?

    While it may appear that starting a business in Dubai is simple, it takes skilled and expert specialists to manage all government-related procedures. They ensure that your new business runs smoothly. The creation of an LLC firm is quick and simple. In about 90 minutes, you can register your firm with the Department of Economic Development (DED). However, several obstacles, including government certifications, can cause the procedure to get delayed. Setting up a limited liability company in Dubai is simple if you deal with a professional company formation specialist, such as HLB HAMT, who can get you up and running expediently. Avail the best services from HLB HAMT for Setting Up a Limited Liability Company in Dubai.

     

     

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    Varun R Chandra
    Varun R Chandra
    07:38 25 Apr 21
    HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.
    Giuseppe Assi
    Giuseppe Assi
    06:20 31 Jan 21
    I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more
    Mohamed Sheriff
    Mohamed Sheriff
    16:16 28 Jun 20
    Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
    218141 JOSEPH THOMAS
    218141 JOSEPH THOMAS
    16:20 23 Jun 20
    Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
    PMI
    PMI
    07:14 23 Jun 20
    In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
    RAVI CHOKSI
    RAVI CHOKSI
    08:28 21 Jun 20
    Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
    Maharajan Subramaniam
    Maharajan Subramaniam
    18:17 06 Jun 20
    High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
    Mohammed L
    Mohammed L
    08:07 05 Jun 20
    We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
    ROY ROSHAN VIVIAN
    ROY ROSHAN VIVIAN
    06:32 04 Jun 20
    Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
    Basil Daniells
    Basil Daniells
    05:55 03 Jun 20
    I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
    Amar Kashyap
    Amar Kashyap
    19:28 02 Jun 20
    Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
    Radz de Jesus
    Radz de Jesus
    16:03 02 Jun 20
    We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
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