Limited Liability Company (LLC)

Limited Liability Company (LLC) is a legal type of Business operating within the mainland of UAE.

LLC is a wise choice for its ease in approaching various sectors and bringing promptness in completion of legal works.

Until recent times, a local sponsor was necessary to set up the company in UAE.As of now with the new amendment, absolute business ownership is offered to the foreigners along with oil and gas related services activities.

Advantages of Limited Liability Company:

1. 100% Foreign Investment is allowed and the investor can be individual ,Corporate company  or  group of shareholders
2. LLC permits to open branches across UAE
3. LLC company gets local presence in UAE and allows a lucrative business opportunities with Govt and semi Govt projects.
4. Renewal fees is comparatively low when compared to Free Zone
5. Liability is vested to companies paid up capital and does not affects personal asset or income.