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Limited Liability Company

  • Limited Liability Company in Dubai

    Limited Liability Company

    A limited liability company has two to 50 shareholders, each of whom is liable only to the extent of his or her share in the company.

    • No professional or consultancy activities can be conducted by this form of company except banking, insurance or investment.
    • An LLC can conduct any industrial or commercial activity.
    • 51 per cent ownership should be with UAE nationals but profits can be accorded in a different ratio.
    • LLC’s require a UAE-accredited auditor.