The cost of setting up LLC companies in UAE can vary depending on several factors. The most crucial factor is the number of shareholders that the company has. The cost will be higher if the company has more than one shareholder. Other factors that can affect the price include the amount of capital the company has and the type of business in which the company is involved.
The cost of setting up an LLC in the UAE is typically around AED 2,000. It includes the registration fee, the cost of the Memorandum of Association, and the cost of the Articles of Association.
LLC companies in UAE
Another cost associated with setting up an LLC in the UAE is the cost of the company’s license. The permit’s cost will depend on the type of enterprise the company is involved in. For example, a company engaged in the construction industry will have to pay a different fee than a company engaged in the retail sector.
Finally, a few miscellaneous costs are associated with setting up an LLC in the UAE. These costs include the cost of getting a bank account and the cost of getting a registered address.
Overall, the cost of setting up an LLC in the UAE is not too high.
How can you set up an offshore company in Dubai in an affordable way?
There are a few choices open if you are examining an inexpensive way to set up an offshore company in Dubai.
One option is to set up a UAE Free Zone company. Free Zones are special economic zones in the UAE that offer a tax-free environment and 100% foreign ownership. Therefore, setting up an enterprise in a Free Zone is a cost-effective option, as Free Zones have no corporate or personal income taxes.
offshore company in Dubai
Another option is to set up a UAE Offshore company. Offshore companies are not subject to UAE taxes but must have a physical office in the UAE. Offshore companies are typically used for holding assets or for international trade.
Therefore, if you are looking for an affordable way to set up an offshore company in Dubai, a UAE Free Zone Company, a UAE Offshore company or want to know the LLC company cost in Dubai, contact Emirates Advocates – we have one of the most notable legal minds in Dubai, United Arab Emirates!