DubaiGuide on LLC Setup and LLC License Cost in Dubai

March 25, 2024by Tetra Consultants0
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  • LLC license cost in Dubai is a pivotal factor to consider when embarking on the journey to register company in Dubai. Setting up a Limited Liability Company (LLC) in Dubai presents a strategic opportunity for entrepreneurs seeking to establish a presence in one of the world’s most dynamic business hubs. With its robust legal framework, strategic location, and favourable business environment, Dubai offers a multitude of benefits for aspiring business owners. However, navigating the process of LLC formation requires a comprehensive understanding of the associated costs, procedures, and regulatory requirements.  
  • This guide aims to provide valuable insights into the LLC setup process in Dubai, including an overview of the license cost, essential steps for company registration including offshore company registration. Whether you are a seasoned entrepreneur or a budding startup, this guide equips you with the knowledge needed to make informed decisions and embark on a successful business venture in Dubai. 

How to proceed for LLC setup in Dubai? 

Step 1: Choose a business name and structure 

  • To establish an LLC in Dubai, begin by selecting a business name and structure, then register it with the Department of Economic Development (DED). Tetra Consultants facilitates this process, offering comprehensive name reservation services to ensure your company’s smooth initiation within Dubai’s regulatory framework. 

Step 2: LLC company formation with a registered agent 

  • When forming an LLC in Dubai or the UAE, securing a Registered Agent (RA) through Tetra Consultants is essential for any business activity. The RA plays a vital role in receiving and forwarding crucial legal documents on behalf of the LLC. Regulatory requirements mandate that every LLC have an RA residing in its jurisdiction of creation to ensure prompt notification of legal summons and tax-related documents to the business owner.  
  • While family members or friends within the state may serve as RAs, they must consent to publicly disclose their contact details and commit to at least five days of availability weekly. Tetra Consultants offer comprehensive registered agent services, ensuring compliance and convenience for international founders like yourself. 

Step 3: Submit the documents 

  • The next step is to submit all necessary documentation to the Department of Economic Development (DED) for approval. This includes various legal documents required for incorporation. Tetra Consultants, with their comprehensive service package for company incorporation, not only guides you through the process but also assists in the meticulous drafting of all necessary legal documents, ensuring a seamless submission process to the DED. 

Step 4: Corporate bank account opening 

  • With Tetra Consultants, you will gain access to our comprehensive corporate bank account opening services, tailored to your preferences. Our experts facilitate the opening of accounts in both international and local banks, catering to the specific needs of our clients. Whether you prefer the stability and reputation of an international bank or the convenience of a local institution, we ensure a seamless process. Within just 4 weeks of incorporation, you will have a fully operational business bank account, enabling you to efficiently manage your finances. 

Step 5: Prepare MOS & LSA agreements 

  • Further, Tetra Consultants will proceed with meticulously drafting and facilitating the signing of essential documents including a Memorandum of Association (MOA) and a Local Service Agent (LSA) agreement with a Dubai national. These documents serve as foundational pillars for the establishment of professional service licenses in the UAE, delineating the business structure, objectives, and the respective roles and obligations of all parties involved. With our expertise in legal drafting and comprehensive understanding of Dubai regulations, Tetra Consultants ensures a seamless and efficient setup process for our clients, facilitating their entry into the Dubai market with confidence and compliance. 

Step 6: Apply for trade license 

  • Further, Tetra Consultants will meticulously gather and submit all necessary documents to the Dubai Economic Department on your behalf, expediting the process of obtaining your license. With our seasoned professionals overseeing every detail, we ensure strict adherence to regulatory requirements, minimizing delays and streamlining the approval process. Once all prerequisites are met, Tetra Consultants guarantees a prompt issuance of your trade license, empowering you to commence operations swiftly. Our proactive approach and commitment to efficiency ensure a seamless experience, allowing you to focus on establishing and expanding your business ventures in Dubai with confidence. 

How much LLC license cost in Dubai? 

  • At Tetra Consultants, we understand that the cost of forming an LLC in Dubai can vary based on specific business activities and industries. Initial setup expenses typically encompass various aspects such as licensing, registration, and administrative fees. Additional charges may include notarization fees, virtual office expenses, visa processing fees, labour card fees, and investor visa fees, which can vary depending on individual requirements. 
  • Before engaging our services, Tetra Consultants ensures transparency by providing clear information regarding all associated costs. We offer a detailed breakdown of expenses, including our service charges, governmental fees, form costs, and any other relevant charges. This comprehensive overview enables our clients to make informed decisions and plan their budgets effectively. Moreover, our experienced team assists in navigating the complexities of the process, ensuring a smooth and efficient setup while minimizing unexpected expenses. At Tetra Consultants, we prioritize clarity and affordability, striving to deliver exceptional value and support throughout the LLC formation journey in Dubai. 

Conclusion 

  • Tetra Consultants offers comprehensive guidance on LLC setup and licensing costs in Dubai, empowering businesses to navigate the process with confidence and clarity. With our expert assistance, clients gain access to a wide range of services, including legal drafting, name reservations, international trademark registration, and more.  
  • Our dedicated team ensures transparency by providing detailed breakdowns of costs and offers personalized support to streamline the setup process. Whether you are establishing a new LLC or renewing an existing license, Tetra Consultants is committed to delivering exceptional value and expertise every step of the way. Trust Tetra Consultants for reliable guidance and comprehensive solutions to successfully establish your business in Dubai. 
  • Contact us to know more about LLC setup and LLC license cost in Dubai. Our team will revert back in 24 hours. 

Tetra Consultants

Tetra Consultants is the consulting firm that works as your advisor and trusted partner in your business expansion. We tell our clients what they need to know, instead of what they want to hear. Most importantly, we are known for being a one-stop solution for our valued clients. Contact us now at enquiry@tetraconsultants.com for a non-obligatory free consultation. Our team of experts will be in touch with you within the next 24 hours.

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