With experience spanning over 3 decades, The Private office of Sheikh Tahnoon bin Saeed bin Tahnoon Al Nahyan can comfortably claim to be the pioneers in Abu Dhabi’s spectacular economic development. At the Private Office, we offer the most comprehensive LLC formation and consultation in UAE.
We help our client Local Limited Liability Company under the sponsorship of Sheikh Tahnoon bin Saeed Bin Tahnoon Al Nahyan, the local sponsor partner which is required as per UAE law. We shall sign a complete Power of attorney in client’s company name thereby relinquishing all our rights on our client’s company whatsoever. We are at our client’s disposal and we work hand in hand for all their business needs in their overall business operations. We will endorse our client’s company officially and recognize them as our royal partner to ensure business development, market penetration and overall support at every level.
The total time required to form a company could be anywhere from 2 weeks to 3 months from the date of receipt of all the documents. In order to establish an LLC in UAE, the following basic steps must be followed:
Choose a company name which will be used to conduct business activities and apply for an approval from the Licensing Department of the Emirates you plan to setup a company in.
Frame a Memorandum of Association (MoA) of the company and duly get it attested by a Notary Public.
Te Get an approval of the Economic Department along with the entry in the Commercial Register.
Once the approval has been granted, a formal entry of the company is made in the Company Register followed by publication of company’s MoA in the Bulletin of the Economy and Commerce Ministry.
A license is then issued by the Economic Department to the company.
Finally, the company is registered with the authorized industry and commerce department.
In UAE, the licensing authority is the Department of Economic Development and the business activities in the UAE fall under three categories. Licenses issued for business activity in the UAE fall under three categories:
Commercial licenses covering all kinds of trading activity, Professional licenses covering professions, services, craftsmen and artisans
Industrial licenses for establishing industrial or manufacturing activity
Business address forms a very essential aspect of a business entity. Based on the partner’s business activities, The Private Office helps assess and secure the right business address for our partners.
We work closely with our partners to reach out and deliver solutions that provide a competitive edge.