Phone

04 340 4330

Service Detail

Construction & Engineering

Limited Liability Company

L.L.C A Limited Liability Company can be formed by a minimum of two and a maximum of fifty shareholders whose liability is limited to their shares in the company’s capital. Under the Commercial Companies Law or CCL (Federal Law No. 8 of 1984 Concerning Commercial Companies as amended by Federal Law No 1 of 1984 and Federal Law No 13 of 1988, Federal Law No. 15 of 1998), Foreign Investors are permitted to hold up to 49% equity ownership in U.A.E companies, whereas 51% of the equity must be owned by U.A.E National (s). Such companies are recognized as offering a suitable structure to foreign individuals or organizations interested in developing a long term relationship with the local business community.

Need Help? Chat with us