WHAT MAKES ‘COMPANY FORMATION’ SERVICES IMPORTANT IN TODAY’S WORLD?
Over the years, Company Formation services has played a crucial role in the development and prosperity of the region and catered numerous employment opportunities for people from different corners of the world.
The services for Company Formation helps various businessman, entrepreneurs in developing their business goals as well as aspirations into reality. It also helps various entrepreneurs in saving valuable time and cost which helps them to progress in their career.
IMPORTANCE OF COMPANY FORMATION IN DUBAI
Since Past few decades, Dubai has developed itself into one of the biggest global business destination for various commercial activities. In today’s world, Company Formation Services has been immensely helpful for the growth and development of the region and has helped aspiring entrepreneurs in developing their business without any issues.
Some of the common business entities in Dubai are as follows
- Sole Proprietorship
- Limited Liability Company (LLC)
- Partnership Company
- Private Shareholding Company
- Public Shareholding Company
In Dubai, the LLC form of Company Formation is one of the most popular business entities. The process of establishing a LCC form of company in Dubai are as follows
- Registration of Company with Department of Economic Development
- Drafting and notarization of Memorandum and Articles of Association.
- Submission of required documents and license applications with Department of Economic Development
- The final step involves registration with Dubai’s Commercial register and Ministry of Labor and General Authority which assures smooth operation of business activties
