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Limited Liability Company

LIMITED LIABILITY COMPANY (LLC)

Limited Liability Companies (LLC) are one of the most common types of commercial entities that entrepreneurs and corporations can establish in the UAE. With a quick and easy setup process and a broad range of available business incentives, LLCs are widely preferred by entrepreneurs and corporations that want to penetrate the UAE market and establish a solid footing in the Middle East region.

The law on commercial entities in UAE requires Limited Liability Companies to have at least one or more local sponsors or Emirati partners. This means the local partner/sponsor(s) must own a minimum of 51 percent of the shares in the LLC. More recently and following the release of the UAE Federal Law No. 19 of 2018 on Foreign Direct Investment, the UAE Cabinet announced the positive list of activities covered by the FDI Law, which will allow 100% foreign ownership or greater ownership than 49%. Please contact us directly for further information on 100% ownership.

At Quickstep Business Consulting, we understand that some foreign investors might be concerned about the 51% 49% shareholding arrangement, and the thought that another individual will hold shares in your company. As such, we have developed a secure and trusted nominee structure for LLC company formation that ensures the interests of our clients are fully protected in accordance with the law.

If you choose to partner with Quickstep Business Consulting, we will be the Corporate Emirati partner of your LLC company, ensuring you can run your day-to-day business operations without any interference. This setup also removes any pressure for you to independently find and maintain a trustworthy and reliable local sponsor relationship.