LIMITED LIABILITY SETUP

Setting Up Private Limited Company

An LLC is not a partnership or a business, but rather a unique sort of business structure that combines the corporate benefits of limited liability with the benefits of pass-through taxation typically associated with partnerships to create a viable substitute to those two main entities. Limitation of Liability Companies are gaining in popularity. LLCs combine the finest aspects of partnerships and corporations while avoiding the major drawbacks of both corporate structures. Limited liability firms are more flexible than corporations and require less continuing paperwork to manage, while avoiding the risks of personal liability that comes with a partnership. Limited liability companies (LLCs) are used by certain well-known companies only.

Advantages of LLC

Steps to form an LLC

Choose a name for your LLC
File Article of Organization
Choose a registered agent.
Decide on member vs. manager management.
Create an LLC operating agreement
Comply with other tax and regulatory requirements.
File Annual Reports
Out of state LLC registration.

For best performance of your business, you need to choose a suitable business model. AIG Corporate Services Provider offers following services for business owners: 

  • Mainland, Free Zones or Offshore company registration services in all Emirates of UAE  
  • Opening bank account with all local leading banks 

Speak to our experts for assistance for registration of your company. We provide economical cost service, complete guidance and assist in completing all formalities. 

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