Cost of Dubai LLC company formation ᐅ Make the right choice!

ᐅ What is the overall cost of setting up an LLC in Dubai?
The overall cost of setting up an LLC in Dubai varies but typically ranges from AED 10,000 to AED 30,000. This includes government fees, registration costs, and additional expenses related to office space, visa processing, and licensing. We ensure that you have a clear understanding of all associated costs from the outset.

ᐅ Are there any additional costs involved in Dubai LLC company formation?
Yes, apart from the basic formation fees, you may encounter additional costs such as trade license fees, rental payments for office space, and costs for obtaining residency visas for your employees. Cassius Law can provide comprehensive guidance on what to expect financially throughout the process.

ᐅ How long does it take to set up an LLC in Dubai?
The process of forming an LLC in Dubai can take between two to four weeks, depending on the business type and the completeness of your documentation. Our expertise at Cassius Law allows us to expedite this process for you, ensuring a smooth and efficient setup.

ᐅ Do I need a local sponsor for my LLC in Dubai?
Yes, to establish an LLC in Dubai, you generally require a local sponsor who holds at least 51% of the shares. This local partner can be an individual or a company. We can facilitate the selection of a reliable sponsor and ensure all terms are favorable for your business.

ᐅ What are the specific requirements for LLC formation in Dubai?
To form an LLC in Dubai, you need to submit various documents, such as a business plan, passport copies of all shareholders, a no-objection certificate (if applicable), and proof of residence. Our team at Cassius Law will guide you through each requirement to ensure compliance with UAE regulations.

ᐅ Can foreign investors fully own an LLC in Dubai?
New regulations allow for 100% foreign ownership of certain types of businesses in designated areas. However, if you're looking to form an LLC outside these areas, you will still need a local sponsor. We provide expert advice on the best options available for your business goals.

ᐅ What kind of business activities can an LLC undertake in Dubai?
An LLC can engage in a wide range of commercial activities, including trading, consulting, and other business services. However, some activities might require additional licenses or permits. Cassius Law can assist in identifying the suitable licenses needed for your specific activities.

ᐅ What are the taxation benefits of forming an LLC in Dubai?
Dubai offers significant tax advantages, including no corporate tax on most business activities and no personal income tax. Additionally, businesses can benefit from various free zones that provide tax exemptions. Our team will help you maximize these benefits within your company's structure.

ᐅ Is it necessary to have a physical office for my LLC in Dubai?
Yes, having a physical office is a requirement for licensing and registering an LLC in Dubai. However, you can choose to rent a flexi-desk or a serviced office to meet this requirement, which is often more cost-effective. Cassius Law can help you find the right office setup within your budget.

ᐅ What types of business licenses are required for an LLC in Dubai?
To operate legally, an LLC in Dubai must obtain a trade license, which is specific to the business activity. Depending on your business, you may also need additional licenses, such as industrial or professional licenses. We can advise you on the necessary licenses for your specific business venture.

ᐅ Can expatriates easily set up an LLC in Dubai?
Yes, expatriates can easily set up an LLC in Dubai, provided they comply with the legal requirements, including securing a local sponsor. The streamlined process we provide at Cassius Law makes it straightforward for expatriates to establish their businesses successfully.

ᐅ What should I expect during the license application process?
During the license application process, you can expect to complete several steps, including submitting required documents, paying fees, and potentially waiting for approvals. Cassius Law will handle all interactions with government entities to simplify this process for you.

ᐅ Are there options for closing or liquidating a Dubai LLC?
Yes, there are specific steps involved in closing or liquidating an LLC in Dubai. This includes settling debts, submitting liquidation documents, and notifying authorities. Our experienced team can guide you through every step of this complex process to ensure a smooth closure.

ᐅ Will I need a UAE residence visa to operate my LLC?
Yes, once your LLC is established, you will need a UAE residence visa to legally live and work in the UAE. Additionally, employees will require their visas. Cassius Law will assist in obtaining the necessary visa for you and your team efficiently.

ᐅ What are the consequences of not complying with local laws in Dubai?
Non-compliance with local laws can result in significant fines, business closure, or even criminal charges for serious offenses. It's crucial to adhere to regulations at all levels. With our expertise, Cassius Law will help you stay aligned with all relevant laws, minimizing your risk.

If you're considering establishing an LLC in Dubai or need assistance with legal matters in business formation, employment law, or commercial law, reach out to Cassius Law. Our dedicated team is here to provide you with expert guidance tailored to your specific needs. Contact us today to learn more about how we can help you successfully navigate the Dubai business landscape.