Uploaded on Jan 12, 2022
LLC is the most flexible and safe business structure option for business holders. LLC (Limited Liability Company) is a smart option because of its flexibility, easiness, and ability to protect personal assets. Milestone provides end-to-end service for LLC company formation in UAE for liability protection and administration flexibility.
How to Set Up an LLC in the UAE?
How to Set Up an LLC in the UAE? An Overview A limited liability company is the most flexible and safe business structure option for business owners. There are many perks (like business liability protection) of opening an LLC. Apart from this, pass-through taxation is another major benefit of setting up an LLC in the UAE. Any business that seeks to limit his or her liability for business considers LLC company formation in the UAE. For a majority of small business owners, LLC is a smart option because of its flexibility, simplicity, and ability to protect personal assets. How to Set Up an LLC in the UAE? 01 Decide a Business Name 02 Choose a Registered Agent 03 Create an LLC Operating Agreement Decide a Business Name When it comes to setting an LLC, then the name of your LLC should follow the state’s rules. So, it’s imperative to review your state’s LLC naming guidelines and requirements. This helps you decide the best name for your LLC. Choose a Registered Agent A registered agent is required for every LLC. Basically, a registered agent is an individual who receives all the legal documents like subpoenas on the behalf of an LLC. Apart from this, having the permanent address of your registered agent is important. Create an LLC Operating Agreement Clearly, a majority of states do not require any agreement but you should have one for your LLC. LLC operating agreement is a document that has details of “how your LLC will run”, “how it will be managed” and more. It is an important document that every LLC should have. THANKS! CONTACT US +971-55 (554) 0853 [email protected]
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