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A Limited Liability Company is the most common form of business entity currently formed in UAE. Articles 218 to 255 of the Commercial Companies Law regulate the establishment of limited liability companies. The company may carry on any type of activities except insurance, banking, or money investment. The shares of company are not open for subscription by the public and they do not issue negotiable shares. Also, Profit or loss distribution can be prescribed and responsibility of management of an LLC can be vested in the foreign or national partners or third party.

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