Dubai is a bustling hub for companies coming from all over the world with the purpose of establishing a strong business presence. Since Dubai readily promotes trade and commerce, there are endlessly lucrative benefits of conducting business there. When it comes to establishing a business front in Dubai, the Limited Liability Company (LLC) structure is usually adopted. The LLC can be started with a bare minimum of 2 and at most 50 shareholders with their liability restricted to their shares and assets in the business itself. Since the government and laws facilitate LLC company setup in Dubai, it is easily established, conforms with rules and regulations by default and can avail from government help in certain areas as well. Why Establish LLC Company Setup in Dubai? LLC company registration is encouraged and supported by the Dubai rules and regulations, which also offer specialized support, incentives and even tax exemptions. Moreover, it grants the owner maximum legal ownership of 49%, with the remainder being held by a local agent. LLCs only exact liability from the declared business assets and shares, which can be very helpful in cases of legal accountability. The infrastructure can be modified extensively, which makes it perfect for almost any business. Since the LLC company setup in Dubai is easy and beneficial for all stakeholders involved and conforms with local laws, it is widely accepted and deployed by numerous businesses. Benefits of LLC in Dubai Following are the strongest points which convince even business tycoons to opt for LLC company registration in Dubai:
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June 2019
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