COMPANY SETUP AND TRADE LICENSE

Limited Liability Company

A Limited Liability Company (LLC) is the one of the major legal types of the business in UAE. Having an LLC company in UAE requires a minimum of two and a maximum of 50 shareholders.

BENEFITS OF LLC COMPANY FORMATION

State of art infrastructure in all the aspects.
Reliable and approachable legal frame work.
Top international exhibitions and conference venues
Reliable power, utility services.
Economical workforce
Simple recruitment procedures.

Professional Company

A professional company is a skill-based business which stalks from the knowledge and the efforts of the owner. These licenses or the activities rely on the qualifications and the experience of the owner.

Benefits

Access to a large and diverse market
Strong infrastructure
Favorable business environment
Access to a skilled workforce
Strategic location

Branch of Foreign Company

A branch of a foreign company can legally conduct its business in the local market and can directly indulge in the operational business activities.

Benefits OF Foreign Company

Foreign companies can retain 100% foreign ownership in the UAE;
Foreign company is not required to show more than 2 years of incorporation and business experience in its home country
The company may legally conduct the approved activity in its licence anywhere in the UAE, including Free Zones;
No restrictions on the location where the company can rent/buy office premises;
The government has permanently waived any paid up capital requirements.
As the NSA, Sovereign has multiple signatories who are available all year round, unlike individual local partners who frequently travel in the summer months.