Mainland Company Formation OR Limited Liability Company (LLC) is the most common form of business in UAE. Mainland Company Formation or Mainland Business Formation in UAE can be formed by a minimum of 2 and a maximum of 50 shareholders whose liability is limited to their shares in the businesses capital.
Most companies with foreign partners have opted for the Limited Liability Company, due to the fact that this is the only option that’ll give maximum legal ownership i.e. 49% to the expatriates for a local business for Mainland Business Formation in UAE. As it is mandatory to have a UAE national as a partner in the LLC (51% shareholding) prospective investor has the option to choose the one UAE national (sponsor) as a partner in the company.
The local service agent is also needed for professional company setup, in which an expatriate is permitted to hold 100% shares in Mainland Company Formation set up in Dubai.
We can provide you with a local sponsor OR a service agent and you’d have full power to do business in your own unique style. The sponsors will not be involved in profit sharing or any of your business operations.