Limited Liability Company
In the UAE, majority of established Mainland businesses are registered as a Limited Liability Company (L.L.C).
Traditionally, the UAE required all LLCs to appoint a 51% Local Partner, however, as of June 1st 2021, the Foreign Direct Investment Authority (FDI) announced the amendments and guidelines to the Commercial Companies Law (CCL), granting 100% foreign ownership of over 1,000 business activities
For activities which require a 51% local partner, Rosemont Partners understand that foreign investors or companies may not be accustomed to a local partnership arrangement – therefore, at Rosemont Partners, we can provide investors with a Corporate nominee for your Limited Liability Company, by ensuring the 49% shareholding retains the full financial and managerial control of the entity including all agreements.
How can Rosemont Partners help?
Rosemont Partners can provide a full market entry consultation, to ensure you have a clear pathway forward, covering all steps and formalities to future proof your business formation needs.