How to Setup a Limited Liability Company (LLC) in Dubai, UAE?

[Company Setup Consultants]

The UAE offers a lot of varieties for both locals and foreigners who want to start a business here. One of the most popular types of company structure in Dubai is a Limited Liability Company. LLC company setup in Dubai is safer than the other types of company structure.

As a result, it quickly became the most sought-after by foreigners. Subsequently, If you want to setup a Limited Liability Company in Dubai, then the experts at Company Setup Consultants are here to help you.

Seeking help from a  can start a LLC Company formation in Dubai very easy. It is also important to know the steps of LLC business setup in Dubai, to avoid confusions or complications. We will see why that is when we learn what is a Limited Liability Company.

What is LLC Company Formation in Dubai?

A Limited Liability Company (LLC) is a type of company structure where the shareholder’s liability is limited to the capital they have invested in the business. This means that if the business were to go bankrupt, all your personal properties that are separate from the business will be safe.

Whereas, in other types of company structures, the banks can look to your personal properties to collect your debts and loans

In Dubai, a Limited Liability Company must have a minimum of two shareholders and can have a maximum of 50 shareholders. All of these shareholders will have full protection from the liabilities of the business. Limited Liability Companies can be formed on the mainland in Dubai.

Read More: https://www.companysetup.ae/how-to-setup-llc-company-in-dubai/