Tips on registering a Limited Liability Company in Dubai

Tips on registering a Limited Liability Company in Dubai

Dubai has become one of the most popular foreign market for investors from all over the world. This is the reason why hundreds of new companies are registered in Dubai every month. A majority of investors prefer registering a limited liability company in Dubai due to the legal covers that it offers to them. If you are also planning to register a limited liability company in Dubai then the following tips will surely help you register your business without any difficulties:

Find a UAE national as your business partner

If you don’t know already, you cannot register a limited liability company with Dubai Economic Department without adding a UAE national as at least 51% partner in your business. The one thing that should be very clear to you here is the fact that adding a 51% local partner is mandatory for limited liability companies in Dubai. However, if you believe that registering your business in a Dubai free trade zone is the best option for you then you will not have to add a UAE national as your partner. Dubai free trade zones offer 100% business ownership to foreign investors which is the biggest reason behind their success.

Shortlist a few company names

Next, you will have to shortlist a few company names for your business. If you are wondering why you should shortlist multiple company names for your business when you already have selected a company name for it then you must realize that there will always be a chance that some other business will already have that name. This is why, it is highly recommended for you to shortlist at least 5 different company names for your business. Once you have selected the best company names for your business, you will have to get approval of one name that you could use for your business along with the approval of business activities of your company.

Find a suitable office for your business
You will now have to rent an office for your business. You cannot skip this step as you will have to submit the tenancy contract of your office in Dubai Economic Department to register your business.

Prepare and submit the MOA of your company to DED

Your limited liability company process will complete once you will prepare and submit the Memorandum of Association of your company along with other required documents to Dubai Economic Department.