Cargo Service Company (LLC) in Dubai

 

 

How to set-up a Cargo Service Company (LLC) in Dubai?

Setting up a Cargo Service Company (LLC) in Dubai involves several steps, which are as follows:

Determine the business activity: The first step is to determine the business activity of the company. In this case, the business activity is cargo services.

Choose a business name: The next step is to choose a unique name for the company that is not already registered with the Dubai Department of Economic Development (DED).

Determine the ownership structure: The LLC structure requires a minimum of two and a maximum of fifty shareholders, with at least 51% of the shares held by a UAE national or a company wholly owned by UAE nationals.

Obtain necessary licenses: The next step is to obtain the necessary licenses from the relevant authorities. This includes a trade license from the Dubai DED, an operating license from the Dubai Municipality, and a transport license from the Road and Transport Authority (RTA).

Find a local sponsor: As an LLC in Dubai, you will need a local sponsor who will hold 51% of the shares. You can either find a UAE national who is willing to act as your local sponsor or hire the services of a local sponsor company.

Rent an office space: You will also need to rent an office space for your company in Dubai. This can be done by contacting a real estate agency or searching online for available properties.

Register with the Dubai Chamber of Commerce: Finally, you will need to register your company with the Dubai Chamber of Commerce and Industry.

Once you have completed these steps, you will have successfully set up your Cargo Service Company (LLC) in Dubai. It is important to note that the process can be time-consuming and complex, so it is advisable to seek the assistance of a professional consultancy firm that specializes in company formation in Dubai.

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