Prime Tower, Office# 2707, Business Bay, Dubai, UAE
Associate with Local Partner to Setup Business in Dubai To receive the Mainland Dubai Business set up license the companies have to be a partner with UAE’s local company. It is mandatory for every new business who want to set up the business in Dubai. Reliable local partner A Reliable and Powerful UAE Local Partner will hold 51% shares except for oil and gas, water distribution and electricity. The UAE national company will remain in power of 51% shares. The UAE Government will make the percentage invalid if there is any kind of title. Bizgate Business Setup Services LLC is there to find the local partner for your business. You just need to relax and they will do the task on behalf of you. Choosing a partner is a tough task and coming from a different country and searching for a trusted local partner is a hectic task. Hence, our service will never disappoint you. Trust the service provider To find the Reliable and Powerful UAE Local Partner we do not have to spend too much time. With years of experience, we have a list of the trusted service provider. We can guarantee you the quality service without any jitty. If you are new to Dubai, then taking help from Bizgate Business Setup Services LLC will not give you a second thought. We are ready to offer you quality service. Our services are trustworthy and we understand the need of the clients and help them in all possible circumstances. Work with clients We work closely with clients and gives the best that will suit their business in Dubai. Setting up a new business or branch in a new land is not an easy task. One has to follow all the rules and regulations of that particular country. Come to us, talk with our experts and we are here to assist you in every possible way. The Commercial Companies Law requires companies to adopt a form of partnership with a UAE national or a company owned by UAE nationals for mainland company license . The UAE counterpart(s) must hold at least 51% of the shares. Companies that undertake certain activities, such as oil companies with concession agreements, companies involved in the oil and gas industry, companies that produce electricity and gas, companies involved in treatment, transmission and distribution of water, are exempt from the 51% requirement. Foreign banks are also exempt from having to appoint a sponsor. At least 51 per cent of the equity of the company has to be in the hands of a UAE national. Any transfer of the title of any share of a partner that may affect the percentage as set out above shall be invalid. Nevertheless, foreign investors may undertake the management of the company. So Bizgate helps you in finding local partner so you may just relax and focus on the business while this chosen partner is proved to be a security hedge for the business.
from corporate tax
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
2 Persons can open up an LLC
The maximum number persons or employees an LLC can have is 50
If you want to open an LLC in Dubai then you have to invest a minimum of AED 300,000/- or USD 81,744/- which is abysmally when compared to the higher forms of organization set ups.
If you want to open an LLC in emirates other than Dubai, then the capital requirement is further down to AED 150,000/- or USD 40, 872/-.
The DED is the vital government body for registering and licensing companies who intend to do business in the mainland of Dubai. The DED recently has been updating its rules and regulations to act as a one stop shop service centre for all licenses in mainland Dubai. Today DED provides fast track services compared to most of the government authorities in other emirates or neighbouring Gulf countries.
Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space
Apply for a trade license
Submit docs and pay license fee
Obtain license & start business operationbr>