Incorporation of Companies
Incorporation of Companies – Limited Liability Company (LLC) in Dubai
Dubai, part of the United Arab Emirates (UAE), is now one of the world’s fastest-growing business hubs. With its strategic location, investor-friendly policies, world-class infrastructure, and connectivity to global markets, it provides a dynamic environment for company formation.
The most common legal form for businesses in the UAE is the Limited Liability Company (LLC). An LLC can be formed with 2 to 50 shareholders, and liability is limited to each shareholder’s capital contribution. Previously, a UAE national sponsor holding 51% shares was required. However, recent reforms now allow 100% foreign ownership in many business sectors, depending on the license category.
Types of Business Licenses in UAE
Commercial License: For trading activities such as buying, selling, or importing/exporting goods.
Industrial License: For manufacturing or processing activities involving machinery or labor.
Professional License: For service-based activities like consultancy, IT, auditing, or legal services.
Tourism License: For businesses involved in travel, tours, and hospitality services.
Some business activities may require additional approvals from other government bodies such as Dubai Municipality or DTCM (Dubai Tourism).
Benefits of LLC Formation in Dubai
Trade anywhere in the UAE and internationally
No minimum capital requirement
Can open local or international bank accounts
Investor visa eligibility for shareholder and family
Ability to sponsor employees and open new branches
UAE partner (if applicable) does not interfere with daily operations
Assets and profits remain with the company
LLCs can benefit from UAE’s strong banking and legal framework
Our Company Formation Services
At Black Stone Tax Consultancy, we support the full process of setting up an LLC:
Initial approvals and name reservation
Drafting and notarizing the Memorandum of Association (MOA)
Assistance with UAE National partnership (if required)
Office space identification and lease registration
Opening corporate bank accounts
Obtaining trade licenses and visas
PRO services for document clearance and approvals
We ensure a smooth and efficient company setup in compliance with UAE regulations, helping your business thrive from day one.