LLC Audit Dubai Sharjah Abudhabi

Limited Liability Company Audit Limited Liability Company is the most common and easy to establish form of partnership business. According to the rule for LLC company formation in Dubai and other six Emirates, it can be formed by a minimum of two and a maximum of fifty people whose liability shall be limited to their shares in the company’s capital. Furthermore, being a flexible form of company, differential profit sharing arrangement among the partners is also possible in an LLC. The company must have 51% participation for a UAE national while the rest 49% can remain with the investor(s). Hence, the formal shareholding pattern for an LLC is as follows: ● Local Partner (UAE sponsor) – 51% ● Foreign Shareholder(s) – 49% Moreover, either the UAE national or the foreign partner must be granted the authority of managing the operations of the organization. Capital requirement for a LLC company At present, the minimum capital requirement for a LLC company in UAE ....
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