A Limited Liability Company or LLC is by far the most commonly prevalent form of business enterprise in UAE. These types of companies can be easily formed with a minimum of two as well as a maximum of fifty shareholders. The liability of these shareholders is limited to the amount of shares that they have in the business capital. Numerous companies having foreign partners choose to go for Limited Liability Company formation. The reason for this is that it is the only option for company formation that will provide them maximum legal ownership, i.e. around 49% for local business to the expatriates. Since it is compulsory in UAE to include a local national in the LLC as a partner i.e. 51% shareholding, a prospective investor can choose the specific UAE national who will serve as sponsor to the company. Since LLC is quite flexible, it also offers the scope of differential profit sharing.