Foreign investors, who are qualified, can set up partnership firm to carry out their professional practice activities in UAE. The firm shall be regarded as a professional company. There is no restriction of 51% local equity-like Limited Liability companies. E.g; Management consultancy, Marketing consultancy, etc.

 

What are the Benefits of UAE LLC?

Appointment of a UAE national as your local service agent.
The local service agent will have no direct involvement in the business.
Local service agents are paid a lump sum or a percentage of profits or on turnover.
Allowed to do non-commercial activity .
While associating with BFM, you get the combination of our deep in-depth local knowledge expertise and extensive experience, which gives us the ability to precisely understand the unique needs of your business. We are thus able to recommend the best possible options and ensure that your business is set up with minimal hassles and effort.

 

The Licensing Authorities
 Dubai: Department of Economic Development
 Sharjah: Economic Development Department
 Abu Dhabi: Department of Economic Development
 Other Emirates: Municipality/ Chamber of Commerce

 

Company Incorporation Which Require Special Approvals and Licenses
 Tourism activities
 Health Care activities
 Architectural and engineering consultancy
 Shipping, freight forwarding, and logistics activities
 Companies in Dubai World Communities (Trakhees)
 Educational services

 

BFM Incorporation Services

We supervise the entire process of establishing your professional firms. It includes strategic inputs and organizes business plan.
Getting approvals and clearances from various departments
Drafting Partnership agreements and MOA
Finding local service agent
Helping to open bank accounts
Assisting to find proper office location
Handle other documentation formalities.