A business setup in Dubai can be a lucrative opportunity to make profits, grow internationally, and create a reputed brand name. At BCM Corporate Services LLC, we have years of experience nurturing businesses across all scales and industries for a hassle-free establishment in Dubai.
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BCM Corporate Services LLC closely interacts with clients to assist them from their indebtedness company in UAE, from the initial to final phase, and also assists them with strategic ideas. We provide assistance in;
Getting approvals and clearances from various departments,
Drafting Memorandum of Association and other necessary agreements
Finding local partners
Opening bank accounts
Finding a proper office location
Handling other documentation formalities
Getting approvals and clearances from various departments.
Drafting MoU of association and other necessary agreements.
Help to bring local equity.
Finding local Partners for LLC company formation Dubai.
Helping to open bank accounts.
Assisting to find the proper office location.
Handle other document formalities.
LLC setup in Dubai is governed by a group of procedures that will vary from one jurisdiction to the opposite. Here’s a quick insight into what all must be finished company formation.
Choose the appropriate legal structure of the business.
Select the name and therefore the activities involved in your application.
Apply for the initial approval.
Court procedures (notarization and legalization of corporate documents like MOA)
Choose a preferred facility for your LLC company formation in Dubai.
Submit the specified documentation to urge the license from the Department of Economic Development of UAE.
For some special business activities, Businesses get approvals from relevant regulatory & Government authorities.
Execute final submission of documents to urge the commercial/ industrial/professional license
Prepare Company formation in Dubai formalities like a labor card for the corporate and an immigration or establishment card for the corporate to enable to use for the visas.
Processing visas
For LLC company formation in UAE, you need to submit key documents to concerned governing authorities for approval. Read on to know your documentation requirements.
Investor’s passport copy
Local Sponsor’s passport copy
Manager’s Passport copy, if required
NOC letter from the sponsor if the partner or the Manger features a residence visa within the UAE
Registration application form from Dubai Economic Department
Trade name reservation
Tenancy contract for the Office/warehouse attested by the design department and therefore the protection department of Dubai municipality alongside location plan
The investor gets visa privileges for his/her family.
The investor can commence branches.
The Investor can enjoy practicing business without interruption of a sleeping partner or corporate service agent.
The paper and assets would belong to the company, not a local partner.
The investor can avail of credit cards and can open bank accounts.
Let us navigate you thru the LLC company setup Dubai with a group of efficient, reliable, and price-effective services. We offer a full continuum of services, including:
Preparation of Corporate documents (MOA, POA, AOA, etc.)
Account maintenance and verification for a Company Formation in Dubai
Arrangement of registered Business working space with all the amenities as per specification
Personalized office combo services for LLC company found out in Dubai
We arrange reliable local sponsor/local service agent for
PRO service for an LLC company formation in Dubai
Company registration amendments
Feasibility study report & Business Plan
License Renewal
Accounts and Auditing Service
The LLC is that the commonest sort of business within the UAE, an independent legal entity owned by multiple shareholders, established on the UAE mainland. It has low startup costs LLC Company formation in Dubai and full access to the wider UAE marketplace.
If that seems like you, here’s everything you would like to understand about LLC company formation in Dubai and therefore the UAE.
1. Quick and straightforward setup: one of the main reasons why LLCs remain the foremost popular sort of business setup out here is that the incredible simple LLC company formation in Dubai and the UAE. In many cases, BCM Corporate Services there are fewer hoops to jump through when establishing an LLC Company than when setting up in a free zone. In fact,
new initiatives have made the Company Formation Services process very easy that, LLC Company Formation providing you meet the entry criteria, you’ll be registered with the Dubai Department of Economic Development (DED) within 90 minutes, without having to plan to a lease agreement.
2. Affordable company formation: I’ve spoken to several entrepreneurs over the years who are under the impression that LLC company formation in Dubai and therefore the UAE is an upscale way of doing business.
On the contrary, the cost of LLC Company Formation in Dubai is comparable to setting up in a free zone. The starting price for license applications is around AED 17,000 and, counting on the precise nature of your business, costs are unlikely to rise above 100,000.
3. Opportunity to use for multiple visas: the sweetness of fixing on the UAE mainland is that it allows entrepreneurs to use for unlimited visas. There is a slight caveat, however: the more visas you apply for, the more office space you must acquire. The general rule of company formation thumb is 100 sq. ft. of office or warehouse space per visa.
Having said that, in some cases, this might be negotiable with the DED. For example, a domestic cleaning company may have 500+ employees working remotely – and thus won’t be required to require 50,000 sq. ft. of office space.
4. found out anywhere: In Dubai, LLCs are required to require office space. The upside of this is often that, unlike other methods of company formation, as an LLC you’re ready to combat office or warehouse space anywhere throughout the UAE.
5. choice to trade with the larger UAE market: Perhaps the one reason why LLCs are the foremost popular company type within the UAE is that they permit businesses to trade with the whole UAE market directly, something that’s impossible from a free port. What’s more,
LLC Company Formation in Dubai is also permitted to bid for lucrative government contracts. That is an enormous opportunity here within the UAE, where government contracts are within the billions of dollars annually.
6. perform a good range of business activities: Unlike some free zones, LLCs haven’t any restrictions on the sort of business activities they will perform. Companies are permitted to trade any of the thousands of activities listed by the DED – across industries as diverse as agriculture, manufacturing, construction, hospitality, and finance.
7. No requirement for paid share capital in Dubai: LLC company formation in Dubai and therefore the UAE is incredibly affordable. As well as minimal application costs, there’s also no requirement to place forward paid upfront share capital.
8. Open branch offices: Establishing as an LLC is one of the foremost effective ways to realize and grow a business within the UAE. As well as having the ability to line up and trade throughout the local UAE market, you’re also ready to open further branch offices to determine a greater nationwide presence.
9. It’s easy to sponsor dependents in Dubai: When establishing an LLC Company Formation in Dubai, you are eligible for an investor visa, under which you are afforded investor status in the UAE. Not only does this allow you to remain as a resident within the UAE for up to 3 years, but you’ll also sponsor relations and domestic staff for their visas as well. Whether you need a visa for a spouse, child, maid, or driver, the method is straightforward:
entry permit, status adjustment, a medical fitness test, then Emirates ID registration and visa stamping. As this is often such a crucial process, it’s an honest idea to urge advice from an expert in fixing UAE free port businesses to make sure that before starting an application, both you and the people you’re hoping to sponsor meet the entry criteria.
10. found out with multiple shareholders: Every LLC must be established with a minimum of two shareholders and while there’s not a politician upper limit, the widely accepted shareholder cap is 50 – these are often either individuals or corporate entities.
For LLC Company setup Dubai, a modest investment upfront is involved, counting on the jurisdiction and therefore the nature of business. The total price LLC Company Formation in Dubai includes court fees, license fees, local sponsorship fees, office tenancy, and more. Here is the breakdown of what exactly in Dubai you’ll be paying for LLC company formation in Dubai across all mainland, free-zone, and offshore jurisdictions.
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We at BCM Corporate services LLC, extend our quality services to our client with well experienced & qualified Business consultants with rich expertise in document attestation Services in Dubai so LLC Company Formation in Dubai that client’s requirements of Business setup in Dubai. can be completed on time with satisfactory Results outcome. Please feel free to reach us for your Business setup and Bookkeeping and Accounting Firms in Dubai requirements on our email id: info@branches.ae or call us on +971502585921