A UAE onshore Limited Liability Company (LLC) is a legal entity incorporated and licensed under the Department of Economic Development (DED) in each Emirate. Onshore companies can carry on business in the UAE as long as they possess the relevant licensed activity in each Emirate and retain any number of mandatory governmental approvals as may be required.
A minimum 51% of the shareholding of the company must be held by an Emirati national as a natural person or as a company which is wholly owned by Emirati nationals.
The remaining 49% of shares may be owned by the foreign party by a corporate shareholder or natural persons. Maximum Solutions ensures that the ultimate beneficial ownership and control remains with our clients.
Our structure provides a framework where Maximum Solutions acts as the corporate shareholder holding 51% of the company but will not be commercially active in the daily operations of the company and will not be party to any of the clients’ commercial or operational activities.
Our suite of corporate nominee agreements are structured to ensure that our clients’ interests are secured. Our structure ensures that our clients maintain financial, operational and managerial control of their commercial interests in the UAE.