TVG
In order to form an LLC company in Dubai, there are a few basic requirements that must be met. First, the company must have a minimum of two shareholders. Second, the company must have a registered office in Dubai. Lastly, the company must have a local sponsor who owns at least 51% of the company.Once these requirements are met, the company can then begin the process of incorporation. The first step is to submit an application to the Dubai Economic Department. This application must include the company's Articles of Association, which must be approved by the Department. Once the application is approved, the company will be issued a trade license.The trade license is valid for one year and must be renewed annually. The company must also maintain a registered office in Dubai and have a local sponsor who owns at least 51% of the company.
