An LLC License is the best option for business in UAE as it can accommodate almost all the commercial activities in the country. The formation of an LLC company requires at least 2 (& utmost 50) stakeholders. As per UAE law, for a company to acquire an LLC license it should have at least one local partner with a share portion of 51% in the company. However, this local partner can be made a sleeping Partner, i.e., made to be non-active in the decision-making in the company. A sleeping partner will only have the right to the profit of shares he holds.
To apply for an LLC license you will need: