LLC company formation in Dubai is always the most sought after legal form of business. It enables the company to become more involved in the local UAE market.
The establishment of an LLC in Dubai facilitates the expansion of the physical presence in the UAE.
Most of the LLC companies incorporated in the UAE follow the silent partner agreement. The local UAE sponsor will only be a managing partner. He will not interfere in day-to-day business or profit-sharing.
Local UAE sponsor for LLC company formation in Dubai
The local sponsor in the UAE usually receives an annual sponsorship fee. In return, the sponsor hands over management control of the company to the foreign investor.
Over 90% of mainland business start-ups in Dubai are LLC companies or professional / civil labor companies.
How will a business consultant help you?
Management consultants support you in the following areas:
- Procedure and documentation for incorporating LLC companies in the UAE
- Choosing the Right Local Sponsor - Individual or Company
- Required special permits and approval from government agencies
- Assistance in processing visas and opening bank accounts
- Specific requirements such as Certification of documents, legal translations, PRO services, etc.
LLC incorporated in Dubai
Investors prefer to form LLC companies in Dubai:
engage more effectively in the local UAE market
Greater flexibility in trading in the UAE and GCC markets
Seamless business expansion through additional staff and the opening of new branches
Work on government projects
and many more...
Special permits are required for company formation in Dubai. Certain business activities in the UAE mainland require government approval.
Tourism company and travel agency in Dubai
There is a special permit from the Department of Tourism & Commerce Marketing (DTCM), Dubai, for tour and travel companies.
They are the regulator for all types of travel and tourism related activities in the UAE.
Approval must be obtained from the relevant authorities before the company can be registered.
Types of tourism licenses in Dubai
There are a few tourism licenses in Dubai that tourism companies can choose from. In order to ensure smooth and continuous operation, the respective company must apply for the correct business license.
There are the following tourism licenses in Dubai that businesses can choose from:
- Incoming tour operator,
- Outbound tour operator, and,
- Travel agency license.
Once you have obtained a tourism license, the company can carry out the following activities
- Online and offline sales of tourism packages
- Issue travel insurance
- Offer accommodation options
- Visa processing services
- Sale of tickets for flights, buses, ferries and other tourist attractions
- Offer car rental
- Selling Adventure Tour Packages
In order to promote tourism and support tourism companies, bank guarantees and deposits are waived. Unlike in the past, when tour operators required a bank guarantee and deposits of around AED 100,000.
Hence, it has now become easier and cheaper to start a tourism business in Dubai. There is a tremendous opportunity for tourism companies to serve the global tourist visiting Dubai.
The number increases from year to year and with it the tourist attraction in Dubai. It makes the tourism industry one of the most lucrative industries in the UAE.
Construction Contracting and construction companies in Dubai
The building permit in Dubai falls under the category of commercial licenses. In order to meet the criteria for a building permit, the company must have one:
- Qualified engineers
- Experienced consultants
- Proper permits from government agencies
- Release of the environment
- Civil work permits, etc.
For the construction company in Dubai, obtaining permits is from the
- Dubai City Council
- Drainage and Irrigation Department, Dubai
- the water and electricity department in Dubai, and,
- Dubai Civil Protection Authority
There are a variety of business licenses under construction to cover specific activities such as:
- Building contracts
- Demolition and demolition
- Conclusion of contracts for steel structures
- Maintenance of buildings
Security services in Dubai
For all services in connection with security services, property protection and surveillance services, party and private guard services.
Prior to applying for a license from DED, prior approval must be obtained from the Protection Systems Department.
Additional approval from the UAE's Security Industry Regulatory Agency (SIRA) is also required.
There are special training courses available for obtaining SIRA approval. They cover a wide area ranging from security guards, counselors, dog handlers, CCTV operators, etc.
Oilfield and natural gas related activities
All oil and gas field-related activities must be approved by the UAE court before you can initiate licensing procedures.
Currency exchange in Dubai
Initial approval from the UAE Central Bank and Department of Protection Systems must be obtained for all currency exchange related activities before beginning the licensing process.
Jewelry, trading in mobile SIM cards, manufacturing of stamps and seals
Initial approval from the Protection Systems Department is required for all activities related to jewelry, cell phones, SIM card trading, and the manufacture of stamps and seals.
Car wash license in Dubai
The car wash license is only issued in the places where there is a gas station. It requires an agreement with the particular gas station that the company owns to rent the space at the gas station.
In addition, the car wash company must comply with all environmental protection and safety standards as per the standards prescribed by the Department of Economic Development (DED).
Contractor for electrical installations in Dubai
An electrical installation contractor must have at least 360 square feet of office space to obtain the license from DED.
Cafeteria / coffee shop in Dubai
A minimum kitchen of 175 square feet is required for a cafeteria / coffee shop license to be issued.