With an LLC, you still can own only 49% of the equity. However, you can do that and keep more than 49% of the profits. UAE law allows LLCs to come up with flexible, differential profit sharing arrangements. These can give you an enormous advantage, especially since the 51% local equity rule is quite inflexible in most cases. It’s not surprising, therefore, that the LLC is the most popular form of business organization in UAE.

A limited liability company can be formed by a minimum of two and a maximum of 50 persons whose liability is limited to their shares in the company’s capital.

While foreign equity in the company may not exceed 49%, profit and loss distribution can be mutually agreed upon. Responsibility for the management of a limited liability company can be vested in the foreign or national partners or a third party.

HLB Hamt will work with you to handle your LLC formation from start to finish. We give strategic inputs, work with you on your business plan, help bring in local equity, and also handle paperwork and documentation formalities.

We handle the details for you, so you’re free to concentrate on the bigger picture – your business.