Drop Down Menu

Loading

 



 
 
 

Welcome to Explore Business Portal New Page 1

How can I convert an existing Sole Establishment License to LLC?

LIMITED LIABILITY COMPANY (LLC)

SCENARIO:
Existing Sole Establishment License with UAE National's sole ownership. Expatriate Investor wants to join the license as partner and convert it to LLC.

STEPS TO FOLLOW

DESCRIPTION

FEES IN AED

Take Appointment for Approval From DED: You have to take online appointment to submit Initial Approval application at Economic Department (DED).
Create a new user account through MYID Website. You should have Emirates ID and Card Reader to complete the registration. After submitting required information, you will get a username and password. If you have difficulty in creating User Account, you can go to Tas'heel Centre (for DED Services) at Al Tawar Centre, Qusais. Fees: Dh50. Self service counters are available at DED Business Village Branch, near Clock Tower, Deira. After creating the account, enter DED site and make appointment. Submit the documents at the selected DED branch.
If you don't have Emirates ID, you can use your local partner's user ID to make appointment.
MYID Call Centre: 600 56 0000. This user ID can be used for various government sites.

 

Initial approval from Economic Department (DED). Type (BR1) form, get signature of the partners and submit at DED. Form can be filled from Typing Centre.
Attachments: Existing License, BR1 Form and Passport copies of partners, NOC from sponsor for expatriate partner who holds Employment Visa/Residence Visa. Visit/Tourist Visa holder can attach his/her visa copy. No need NOC for Partner/Investor visa holders. NOC is required even if the joining partner is under the same company's employment visa.
DED Officer will issue Initial Approval paper with Follow-up/ Transaction receipt.
External Dept. Approval: Some business activities need external department's approval at the time of license renew/amendment, like Municipality approval for Building Contracting, RTA approval for Transport...read more

 

Court Agreement: Type LLC Agreement (MoA) from a legal translator and get attested from Notary Public at Al Tawar Centre or Al Barsha  or DED at Business Village near Clock Tower. Legal translator's seal is not required if the the agreement is only in Arabic.
Capital:
You can write the capital amount in LLC Agreement as much as you want. No need to show Capital Deposit certificate from bank. Notary will charge a small percentage at the time of attestation according to the Capital amount and number of partners. Standard capital amount is Dh300,000 out of which 51% (Dh153,000) should be allocated to National partner and remaining 49% can be divided among expatriate partners. If the expatriate partners are two, you can divide the remaining shares to 25% (Dh75,000) & 24% (Dh72,000). If the expatriate partners are more, you can increase the capital. A partner's share value should be Dh70,000 or more to apply for Partner Visa under normal criteria.

Agreement Typing Charge
400 (Approx)

Notarization: All Partners or Attorney have to attend at Notary to sign the Court Agreement. Show your Passport or Emirates ID to prove identity at Notary Public.
Attestation fee at the court (Notary Public)

1000 (Approx)

Submit the attested LLC Agreement (one original copy), Existing license, BR1 form, Follow-up receipt, External departments approval (if any) and NOC for partners (if any), at DED as per your appointment. Payment voucher will be issued same time or you can take print from DED website. Make payment at the counter and get the license. You can also pay using Credit Card/Direct Debit through DED website after issued the payment voucher.

 

Approximate fees for converting license to LLC at DED (Excluding the above mentioned fees)

3050

 

Break-up cost of renew, converting license to LLC and name change at Dubai DED

Description

Fees in Dhs

Partner addition Fees (Dh1000 extra for each partner)

1000.00

Managing Director addition Fees  (Dh500 extra for each Manager)

500.00

Legal form change declaration Fees

500.00

Legal form amendment Fees

500.00

Government Cultural Fees (to be paid every year)

50.00

Partner Accommodation Fees (Dh500 for each expatriate Partner). If any of the partner paid his accommodation fees with any other license, you can approach DED to remove his fees after get issued the Payment Voucher (to be paid every year)

500.00

Total License cost at DED (approximately)

3050

Dubai Chamber: If you want to change authorized signatory at Dubai Chamber, you can do it after new License issued by DED. Dubai Chamber counter can be found at all DED branches. Collect Registration Form from there, Fill the information, Put authorized signature and company stamp and submit at Dubai Chamber counter. Certificate will be issued same time. Payment already made at DED along with the Commercial License fees.
Documents required: Filled form,  Copy of Trade License, Partners List, Commercial Register (3 pages of trade license), LLC Agreement, Passport copy of Authorized Signatory and DED Payment Receipt of Trade License.
Chamber Certificate is required for Export & Import purpose, for Registration with various Government Departments and to expand business to other Emirates and abroad.

DESCRIPTION

FEES IN AED

Immigration Establishment Card
You will have to make changes in Immigration Card according to the amendments made in the License.  You can do it after
the new License issued. Application can be prepared from Typing Centre. Put Company Seal and Signature of Authorized Signatories and  Submit at Immigration Office. Card will be issued within ten minutes.
Attachments: Typed Application, New License Copy, Copy of LLC  Agreement, Passport copies of authorized signatories.
If this is the time for Immigration Card Renewal, you should attach office Location Map in Arabic, Tenancy Contract and EJARI Registration Certificate. Read more

250 (Approx)

Labour Establishment Card
You should make changes in  Labour Establishment Card according to the amendments made in the License. You can do it after changes made in Immigration Card. Labour Establishment amendment application should be typed from Tas'heel Centre. Submission at Labour Office. New Card will be issued within five minutes.
Read more

No government Fee. Typing Charge
200 (Approx) at Tas'heel Centre

LICENSE RENEWAL: Commercial license is valid for one year. After expiry, 30 days grace period is there.  If not renewed within grace period, Dh200 fine per month will be charged at DED.

DED (Economic Department) Branches
Head Office: Business Village
Near Clock Tower
Deira, Dubai
Tel:04-4455196

Tel: 04-4455006 (VIP Section)


Al Tawar
Al Tawar Centre, First Floor, Qusais, Deira, Dubai
Tel: 04-601 3333

Dubai Mall
Deira, Dubai
Tel: 04-382 7709

Al Barsha Mall Branch
Bur Dubai, Al Barsha 2, Street 23rd.
Tel: 04-202 0429

DED Timing: Saturday to Thursday 7:30am to 1:30pm
Website: www.dubaided.gov.ae 
--------------------------------------------------------------------------------------------------------
Activity and Name Change in LLC License
Adding Partner & Capital Increment in LLC

Adding Partner and Removing Partner in LLC
Business Set-up in Dubai
Branch of a Foreign Company
Capital Increment & Adding Partner in LLC
Change of Location-Office/Shop
Civil Company
Commercial License-New
Company Law
Dubai Real Estate Law
Ejari
Freehold property Visa
Free Zones
General Trading License procedure and Cost Estimate
Graphic & Web Design License Procedure and Cost Estimate
Industrial Projects
Investor Visa
License Cancellation
License Modification (change of owner/name/activity/technical staff)- Municipality Online
License Renewal-DED
License Renewal-Trakhees
License Renewal-Contracting & Maintenance-DM
License Sale & Change to Service Agent
LLC Cancellation
LLC Formation
Local Service Agent
Location Change-Business Site
Modify Contractor Registration Data (Foreign Companies)
Municipality Controlled Activities
Municipality Exam/Test
Name and Activity Change in LLC License
New Contracting License Registration at DM
Nursery License
PRO Card-DED
Professional Firm
Professional License
Professional License Sale & Change to Service Agent
Real Estate License
Removing Partner and Adding Partner in LLC Company
Renewal of
Contracting & Maintenance Companies
Sole Establishment
To start a Nursery
Trade License-New
Trade License Renewal-DED
Trakhees License Renewal
Web & Graphic Design License Procedure and Cost Estimate
What is LLC?
 

How can I bring my family to Dubai?

Where can I do Visa Medical in Dubai?


 

  Back |

Printer-Friendly version

Print Page  | Email this article

 

 

Tell a Friend

 



Welcome to First Gate Business Service

Abscond Reporting | Adding Partner & Removing Partner in LLC Lic | Additional Booklet | Address Change | Affidavit for Child's Passport | Affidavit for Maid Visa-Indian Consulate | Agreements | Annual Leave | Attestation | Ban-1Year | Bank Guarantee Refund | Birth in Dubai | Business Set-Up in Dubai | Branch of a Foreign Company | Cancellation | Certificate Attestation | Change of Address | Change of Name | Change of Spouse Name | Changing Employment & Family Visa without Exit | Cheque Bounce | Children sponsored by mother | Civil Company | Company law | Consulate Procedures for Maid Visa | Consulate Works-Ind | Contracting Lic-Renew | Credit Card Debt | Damaged Passport | Date of Birth Correction Death Cert. Attestation | Death Cases | Death Compensation | DED Fees | DED Services | Dependent sponsorship | Designations | Detach Child from Mother's Passport | DNRD Locations | DOHMS Fees | Driving License | Driving License AttestationECNR | Education Visa | Educational Institution | E-Gate | Ejari-Tenancy Contract Registration | Embassies & Consulates | Emergency Leave |Emirates ID | Emirates ID Lost | Employment ban | Employment Contract-Ind.Consulate | Employment Visa | Employment Visa during Ban | Employment Visa Renew | Employment Visa Stamping-new | Employment rules |E-Signature Card | FAQs-Visa | Family Visa Abu Dhabi | Family Visa-Ajman | Family Visa Cancellation | Family Visa-Dubai | Family Visa hold | Family Visa Renew | Family Visa Sharjah | Family Visa Stamping-After Entry | Fines | Freehold Property Visa | Free Zones | Fujairah Free Zone | General Trading | Gratuity | Housemaid Affidavit | Husband's Residence Visa | Immigration Clearance | Immigration Establishment Card | Immigration Card Renew | Immigration Card Amendment | Immigration Card Lost | Immigration Office | Immigration Services | Important Telephone Numbers | Import Code | Indian Maid- Change Visa inside UAE | India Tourist Visa | Industrial Projects | Inheritance | International Driving Permit | Investor Visa | Investor Visa Stamping | Investor Visa Renew | Investor/Partner Visa Cancellation | IVS Global | Jebel Ali Free Zone | Labour Card Renewal l Labour Contract | Labour Contract FAQs | Labour Contract-New (after entry) | Labour Dispute | Labour Establishment Card | Labour Establishment Card Amendment | Labour Law | Labour Services | Legalization at UAE Embassy | License Cancellation | License Modification at DM | License Renewal - Contracting | Limited Contract | LLC formation | Local Service Agent | Location Change (license) | Loss of Passport | Lost Labour Card | Lost Reporting | Maid from Nepal | Maid from Sri Lanka | Maid Visa-New | Maid Visa Stamping | Maid Visa Renewal | Map of Consulates | Maternity Leave | Marriage Solemnization at Consulate | Media License Medical Facility Licensing | Medical Treatment Visa | Medical Test | Mission Visa | Modify Contractor Regn.-Foreign Co.| MoH & DoH Exams | Multiple Entry Visa | Municipality Activities | Municipality Exam | Municipality Services | Newborn Baby's Passport | Newborn Baby's Visa | New Contracting Lic | NOC for issuance of Passport for Child | Notarization | Notice Period | NRI Certificate | Nursery | Occupational Disease | Occupational Health Card | OK to Board | Online Service | Out Pass | Overtime | Parents Visa-New | Parents Visa Stamping-After Entry | Parents Visa Renew Partnership Agreements | Partner Visa | Part-time Job | Passport in Maiden Name | Passport in Married Name | Passport Lost | Passport Renewal-Ind | Passport Additional Booklet | Passport Validity Extension | PCC Attestation-UAE Embassy Delhi | PCC Dubai | PCC-India | PCC Out of Country | Pharmacist Exam | Pharmacy License | Photo Change | Police Clearance Certificate-UAE | Police Related Services | Power of Attorney | Probation Period | PRO Card-DED | PRO Card -Immig | PRO Card-Labor | Profession Change | Professional Firm | Professional License | Professions | Real Estate License | Registration of Engineer-DM | Re-entry | Removing Partner & Adding Partner in LLC Lic | Residence Visa | Resignation | RTA Related Business Activities | RTA Related Services | Salary Certificate Attestation | Salary Increment | Saudi Visa | Servant Visa | Severance Pay | Sharjah Visa rules | Sole Establishment | Sponsorship Declaration | Spouse Name Endorsement | Status Change | Student Visa | Surrender of Indian Passport | Tas'heel Centers-MOL | Tas'heel Business Center-for DED Services | Tatkaal Passport | Tawasul Card new | Tawasul Card Renew | TC Attestation-Consulate | Teenager Visa | Termination of Contract | Thailand Visa | Theft Car | Tourist Visa | Trademark Registration | Transfer Visa from old Passport to new | Transit Visa | Trade License | Trade License Renewal | Translation | UAE Embassies World-wide | UAE Legal System | UK VisaCentre-Dubai | Umrah Visa | Undertaking for Studies | Unpaid Salary | Validation letter-Driving LicenseVisa Cancellation-Employment |  Visa Cancellation-Investor/Partner | Visa Change-Hatta | Visa for Step-child | Visa on Arrival-Dubai | Visa on Arrival-India | Visa on Arrival-Qatar | Visa Position Amendment | Visas of two countries | Visa Renew-son above 18 years old | Visa Transfer | Visa Transfer-Child | Visa Transfer-wife | Visit Affidavit for Family Member | Visit Visa | Will Attestation | Work in UAE | Work Permit | Work Permit for relative sponsored | more

 

First Gate Business Service, GF, Humaidan Bldg, Near Malabar Supermarket, Behind Sheikha Latifa Masjid, AL MURAR, Deira, Dubai, United Arab Emirates Tel.+9714-259 6260, 04-358 6215, 04-239 1302, 04-265 8373 Email: visaprocess.ae@gmail.com