If you have finally decided to start your business in Dubai then the next challenging thing is to choose the most appropriate working license or registration for your company. There are various options regarding this aspect among which LLC company formation is the best possible choice. LLC which stands for Limited Liability Company is among the top most popular mainland company setup Dubai which are registered though DED that is department of Economic Development.
LLC company formation in Dubai holds great importance because of its wide range of facilities. They are preferred over other business setups like for instance if we talk about free zone business then it does not allow a restriction free trade with the local market and is only limited to a specific free zone. Whereas if we talk about LLC then it is free from all such type of restrictions and the business owner can build strong relationship with the local market without any inconvenience. Following are some of the other important benefits of starting an LLC company in Dubai.
Protect personal assets from liability
Well, the most important benefit of starting an LLC company in Dubai is that your personal liability is protected, no one is allowed to touch that in any situation. To make it more clearer lets suppose that you have started your business in Dubai and unfortunately a mishap occurs which lead your business or company to great trouble. In such type of situation the only thing which would be capped would be your investment in that particular business and your personal accounts are kept safely because of this LLC licensing. This is why LLC holds so much importance and is one of the most recommended business setups in Dubai.
Wide range of business activities
Another great benefit of starting an LLC based business in Dubai is that it allows wide range of business activities. On the opposite side if we talk about other business license like that of free zone then it does not allow you to expand your business out of a particular area and secondly you are not even allowed to start some other business activity which is not according to the one you have mentioned in the registration. Whereas LLC is free from all such kind of limitations and you can start any type of business activities as according to your desire.