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Acronym LLC as limited liability company vector concept

Dubai has been the most favourite place for entrepreneurs for many decades. It provides the best business opportunities to the clients and emerging as a best place for investors throughout the world for Limited Liability Company Formation as it is free from Tax. For the purpose of formation of such company it is necessary for you to know how you are going to deal with us.

The LLC can be formed between 2 to 50 owners whose controls are restricted to their shares. LLC requires an Emirati with 51% of share in the company and the non-native investor will hold 49% of share. After all legal procedures are done this local partner or silent partner will make an agreement in the court that he has no involvement in the company.

In HMC there is flexibility in our consult work. We avail the basic needs that our clients require. Our business consultants clearly understand your requirements, your budget, nature of your business activity, complete details of your partners and aid in LLC formation in Dubai. We help in guiding the clients to find proper location for setting up LLC company also we can provide reliable local sponsor for your LLC Company Formation. We take care of the entire incorporation process and obtain trade license and all other legal documents of the company within the shortest period of time.

Prior to operating LLC in Dubai, the basic steps outlined below must be undertaken in order to meet the legal requirements of all concerned government authorities and to guarantee maximum commercial benefit for the business owner:

Determine, in the beginning, the category (commercial, industrial and/or professional) and type of business activity to be practiced. Please determine all the related business activities that can be included within each business license, subject to a maximum of ten activities per license.
Determine the appropriate business legal form for your business taking into consideration the desired business activity and the number and nationalities of the business owners.
Confirm all the requirements of the license to be issued.
Determine the trade name of the business.
Submit an application to the Department for an Initial Approval and registering the trade name, either by a personal visit to the Department Offices and its external branches or through the Internet Services that are available on the website.
After getting the Initial Approval you can lease premises and contact the counter of the Planning Department of Dubai Municipality in order to verify that this said premise is suitable for the business.
Prepare all required documents and submit an application to the Department or one of its external branches for paying the required fees to obtain a final license.
Submit an application to one of the Department external branches for a signboard permit for a business trade name as required by the economic regulations.

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