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A Guide to LLC Company Formation in Abu Dhabi

LLC company formation is the most preferred choice for entrepreneurs and investors wanting to establish their businesses in the UAE. This is because of the freedom this legal structure provides to the companies to function anywhere in the UAE market. Moreover, the liability of the shareholders is limited to their own share capital in the company. In addition,u00a0LLC company formation Abu Dhabiu00a0includes the operation of all kinds of business activity except banking, investment, and insurance. Investors planning for LLC formation in Abu Dhabi can get detailed information about the list

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A Guide to LLC Company Formation in Abu Dhabi

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  1. A GUIDE TO LLC COMPANY FORMATION IN ABU DHABI

  2. Abu Dhabi is not only the capital of the UAE, but also boasts the title of the richest emirate. It is famous for being an investor-friendly haven. This is why, Abu Dhabi has one of the highest numbers of LLC company formation in UAE. Entrepreneurs can also get an LLC license at an affordable cost in Abu Dhabi. Limited Liability Companies (LLCs) are among the most common categories of corporate commercial entities in the UAE. LLC company formation takes place mostly in UAE mainland and is most popular among entrepreneurs & investors. LLC business setup process in Abu Dhabi is easy & hassle-free, that also allows a wide range of business activities.

  3. Abu Dhabi LLC Company Formation: Benefits An Abu Dhabi LLC business setup is the first choice for manya entrepreneurs and corporations that want to break through the UAE market and establish their foothold in the GCC & MENA region. Additionally, a Limited Liability Company (LLC) in Abu dhabi allows for 100% foreign ownership for over 1029 business activities. The benefits of an LLC setup in Abu Dhabi include : No minimum capital investment required Easy integration with government entities Zero taxation policy on income Lower operational cost for business incorporation & renewals. No restriction on acquiring property or offices Ease of trade within & out of UAE Easy corporate account setup Proportional distribution of profit & losses Flexibility of office location and employee visa allocation

  4. REQUIREMENTS TO OPEN AN LLC COMPANY IN ABU DHABI: The UAE government seeks to provide a conducive environment for business setup in Abu Dhabi. Therefore, as its capital, there are stringent regulations put in place to ensure that businesspeople and entrepreneurs have a stable platform to conduct their commercial activities. Some regulations that entrepreneurs setting up their business in Abu Dhabi need to know are: Even though Abu Dhabi allows 100% ownership of business, it is advisable to have a national sponsor for ADNOC related activities. It is mandatory to rent office space and recruit employees The managerial authority is the operational head of the corporate entity Highly regulated activities like insurance, legal consultancy, labour recruitment, etc. still require UAE national partnership.

  5. LLC LICENSE COST IN ABU DHABI Abu Dhabi LLC Company Formation Cost Abu Dhabi is famous for its cost-effective business setup process in all the United Arab Emirates. An LLC license in Abu Dhabi can cost as low as AED 5,500*, for any business activity including general trading. Based on your office needs and visa requirements, you will incur further costs. Unlike other emirates, Abu Dhabi DED allows corporations to combine multiple business activities. In accordance with the vision of the Abu Dhabi government, all external government entities support less expensive regulatory systems.

  6. LLC COMPANY FORMATION IN ABU DHABI: PROCESS Most foreign entities prefer to form an LLC company in Abu Dhabi due to its hassle-free business setup process. LLC company registration in Abu Dhabi has a seamless process that is as follows: Step 1. Approvals Every application for new business registration in Abu Dhabi must also go through internal security approval. The Abu Dhabi Department of Economic Development issues the initial approval for the trade name & business activity. If the chosen activity requires further approvals, Shuraa helps you get the permissions from the relevant government authorities.

  7. Step 2. Tenancy contract (Towteekh) Corporate entities forming LLC company formation in Abu Dhabi must mandatorily rent office space. The Real Estate Regulatory Agency (RERA) finalises the office tenancy contract & attests it. Step 3. Memorandum of Association Get the draft of your MOA ready and then the UAE courts will notarise it.

  8. Step 4. Document submission It is important to ensure that all your documents are in order before submission to DED Abu Dhabi. Step 5. Registration First, the legal department examines the trade name after which it is entered into the Commercial Register. Then, the Memorandum of Association is published in the Ministry of Economy bulletin. Once the fees are paid, the DED Abu Dhabi issues the license. Finally, the company is registered with the Ministry of Labour & Department of Immigration.

  9. SHURAA BUSINESS SETUP HELPS YOU MAKE THE RIGHT CHOICE Trust. Assurance. Security. These are the factors that help build good faith among humanity. Shuraa Business Setup offers complete assistance when it comes to Abu Dhabi LLC company formation. Get expert services at the hands of our legal corporate advisors. The LLC company formation process in Abu Dhabi is easy and can be seamless with the help of renowned business setup experts. In fact, you can get your LLC license in Abu Dhabi within one week. Additionally, get exciting benefits like free lifetime residency, bank account assistance, dedicated advisor, and much more.

  10. CONTACT US : +971 44081900, +971 507775554 info@shuraa.com www.shuraa.com Sheikh Zayed Road, Office 501, 5th floor, Aspin Commercial Tower, Dubai, UAE

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