LLC Company Formation in Dubai, LLC Setup in Dubai, LLC Company Setup in Dubai, LLC Company Formation in Dubai, UAE, LLC Registration Dubai
LLC Company Formation in Dubai – A limited liability company is a corporate structure whereby the members of the company are not personally liable for the company’s debts or liabilities. Limited liability companies are hybrid entities that combine the characteristics of a corporation and a partnership or sole proprietorship. While the limited liability feature is similar to that of a corporation.
The primary reason business owners opt to take the LLC route is to limit the principals’ personal liability. Many views an LLC as a blend of a partnership, which is a simple business formation of two or more owners under an agreement, and a corporation, which has certain liability protections. LLC Company Formation in Dubai, UAE An LLC is a more formal partnership arrangement requiring articles of organization to be filed with the state. An LLC is much easier to set up than a corporation, and it provides more flexibility along with the protection.