What are the steps for LLC company formation in Dubai?
The steps for LLC company formation in Dubai are straightforward but require careful attention to detail. First, choose a unique trade name and get it approved by the Department of Economic Development (DED). Then, draft a Memorandum of Association (MoA) with a local UAE sponsor holding 51% ownership, unless you are in a free zone that allows 100% foreign ownership. Next, secure initial approval from the DED and prepare all required documents, including passport copies of the shareholders and the MoA. Lease office space and obtain a tenancy contract. Finally, submit all documents to the DED, pay the necessary fees, and receive your LLC license. This process ensures your LLC company formation in Dubai is compliant with local regulations.
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