Limited Liability Company (LLC) in Abu-Dhabi is one of the most popular business activity for entrepreneurs and investors. Abu Dhabi provides a Stable Economy, Business-friendly policies, and location for grow a business.
Benefits of LLC Company formation:
Some important benefits of company formation are given below:
- 100% foreign ownership
- Limited Liability
- Access to international & local markets
- Bank Account
- Visas
- No Capital Requirement
These benefits is ideal for those investors they are looking to establish a business in the region of Abu Dhabi.
Basic Requirements to Open a LLC Company in Abu-Dhbai:
Some important and basic requirements are given below:
- Unique Trade Name with Register Department
- Select Your Business Activity
- Preparation of MOA
- Ejari (Physical office Space)
- Documents Required (Passport, Emirates ID, Approval Certificate)
- Book appointment from Jeemfinace
LLC License Cost in Abu Dhabi
The cost of obtaining an LLC license in Abu Dhabi can vary depending on several factors:
Component cost:
Trade Name: 1000 AED
Approval: 100 – 300 AED
PRO Services: 1000 to 2000 AED
License Insurance: 5000 –15000 AED
Office Rent / Space: Starting from 2000 AED
Government Fees: 1500 – 5000 AED
Important Steps for Open LLC Company Formation in Abu Dhabi:
If you want to know the basic steps for open a LLC Company in Abu-Dhabi then here you need to follow our basic steps:
Step 1: Business Activity:
The 1st step is that you need to choose the business activity you want to open it.
Step 2: Choose a Trade Name
Finale your trade name through the DED department.
Step 3: Initial Approval:
Submit a request for approval & ready to go on with formation of the company.
Step 4: Prepare Legal Documents
Prepare MOA and Other important documents including your shareholder agreement.
Step 5: Office Space
Take up a physical office on lease and have the tenancy agreement signed off with the municipality.
Step 6: Submit Application
Submit all important documents like: MOA, Passport copies, and more for final approval.
Step 7: Trade License
After approved your trade license, you will receive your LLC trade license from the DED.
Step 8: Register with Chamber of Commerce
Most of the businesses are required to be members of the Abu Dhabi Chamber of Commerce.
Step 9: Open a Bank Account
Open a corporate bank account in the UAE using your documents as a company and trade license.
Step 10: Apply for Visas
Apply your Staff & Investor Visas name.
Jeemfinance Business Setup Helps You choose the Right Option:
Starting a Business in Abu Dhabi is not a complicated for the investor and foreigners. Jeemfinance Business Setup Dubai & Abu-dhbai does all the work required of a corporation or LLC by giving it end to end solutions. Our professional will make sure your company set up quick and legal.