« Back to Glossary IndexLimited Liability Company (LLC)
A Limited Liability Company (LLC) is the most common business structure for onshore companies in the UAE, providing limited liability protection to shareholders. Under Federal Decree-Law No. 32 of 2021 on Commercial Companies, LLCs must have at least one and up to 50 shareholders, with capital requirements varying by industry and Emirate. Foreign investors can now own 100% of an LLC in selected sectors, as per the UAE Foreign Direct Investment (FDI) Law. Unlike free zone companies, LLCs can freely operate in the mainland market and participate in government contracts and tenders.
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