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Mainland Company Formation in Dubai & The UAE - Dubai Mainland License Cost
Business Activities Under Mainland Company Licenses in UAE
Commercial License
This license is for businesses participating in trade operations, such as purchasing and selling items. Similarly, it includes product importation, exportation, and distribution.Professional License
Physicians, attorneys, consultants, and engineers must have a professional license to serve in Dubai. Likewise, this license is often issued to people or businesses offering professional services.Industrial License
Businesses that manufacture, process, or operate industrially require an industrial license. Therefore, including actions such as production, manufacturing, and installation of subjects.Tourism License
Companies involved in the tourist industry, for instance, travel agencies, tour operators, and hotels require a tourism license.E-commerce License
Companies operating online shopping, e-commerce, and digital companies require an e-commerce license.Agricultural License
License registered under MoCCaE for agriculture activities including import/export assessments and labour contracts.What is the Estimated Dubai Mainland License Cost?
Top Benefits of Business Setup in Dubai, Mainland
Per the latest business policy, any expat owner or foreign investor can avail of 100% ownership of a mainland agency. However, unlike UAE free zone companies, mainland company has the facility to function throughout the UAE without any restriction. The preferred locations for mainland company formation in Dubai are Sheikh Zayed Road, Deira, Business Bay, & Al Qusais.
However, our business setup services in UAE include Mainland company formation in Dubai ( Dubai Mainland, Sharjah Mainland, Ajman Mainland, & Abu Dhabi Mainland ), Business setup in UAE Free Zones, ( Dubai Free Zone, Sharjah Free Zone, Abu Dhabi Free Zone, Fujairah Free Zone, Ajman Free Zone, RAK Free Zone ) & Offshore Business Setup in UAE ( Dubai Offshore, Jebel Ali Dubai Offshore, Ajman Offshore, & Ras Al Khaimah Offshore ). If compared, following are the benefits of setting up a mainland business in Dubai
Flexibility in Business Activities
Mainland enterprises in Dubai can conduct a wide range of operations. However, some firms may have limitations on certain commercial activities. Nevertheless, business setup in Dubai mainland have unfettered platforms for conducting their commercial activity.
100% Ownership & Tax Exemption
HH Sheikh Mohammad bin Rashid has made a historic decision allowing 100% foreign ownership & tax exemption on personal and corporate income or gains from mainland operations. Hence, a business-friendly environment to attract foreign investors to the UAE.
Greater Networking Opportunities
Mainland businesses assist your firm to thrive by expanding the business environment. Indeed, this opens up collaboration opportunities with local and international firms, allowing your company to grow.
No Currency Restrictions
International trade and business operations are facilitated as mainland businesses can transact in any currency without restrictions or limitations.
Access to Diverse Market
Businesses that obtain a mainland license may pursue commercial endeavours in the larger market, capitalizing on the UAE’s strategic position and well-established infrastructure. Also, mainland license holders can operate within the country and have special access to other GCC states.
Strategic Location & Skilled Workforce
Dubai is geographically located between Europe, Asia, and Africa. Therefore, this renders the city an ideal location for business and trade on an international scale. Moreover, Dubai attracts a worldwide talent pool, making recruiting competent workers across industries easier.
Essential Criteria Steps to Register Business in Dubai Mainland
1. Determine Business Activity
Select and finalize the business activities before business formation in Dubai Mainland.
2. Location Finalization
Many highly promising and ideal locations are available for mainland company formation in Dubai.
3 Choose a Local Partner
Choose an LLC partner or appoint any local Emirati sponsor for the Mainland company setup.
4. Register a Trade Name for Your Dubai Mainland Business
5. Submission of Legal Documents
To initiate the registration process for mainland company Dubai, the following documents must be submitted:
- Memorandum of Association (MoA)
- Articles of Association (AOA)
- Passport copies for shareholders and sponsors
- No Objection Certificate (NOC) provided by the landlord.
- Application for License
5. Obtain Approvals from Departments
Get approvals from all relevant authorities like Dubai Municipality, Department of Economic Development, Ministry of Economy, Dubai Health Department etc. Approval from departments is a prerequisite for a business license.
6. Apply for a Business License in Dubai Mainland
Apply for a business license in Dubai Mainland with prerequisites after DED approves. However, the permit will be allowed after complete verification at the applicable Dubai mainland license cost.
7. Visas for the Employees
After receiving the Dubai Mainland business licence, you can apply for visas for foreign employees, dependants, and spouses.
8. Opening a Corporate Bank Account
For smooth business transactions, a business bank account opening is a must. Our consultants for business setup in Dubai mainland will help you.
Required Documents for Business Setup in Dubai Mainland
- Shareholders and sponsors’ passport copies
- Proposed business name
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Tenancy contract
- Relevant application forms and fees
- LLC Agreement (attested)
- Government forms (if needed)
- Initial approvals
- External department approvals
- EJARI Registration certificate
- Copy of NOC for partners
- Dubai Chamber of Commerce and Industry Registration
Also, make sure these documents are accurate and equip the required information. As a result, this will streamline the registration process.
How Does First Idea Consultant Help for Mainland Company Formation in Dubai UAE?
Corporate Governance:
We ensure compliance with local laws & regulations, including corporate governance standards, as well as legal difficulties and penalties for your company.PRO Services:
First Idea Business Consultant LLC offers PRO services utilizing connections with officials and government agencies to foster interactions. Also, our experts excel at managing client relationships.Accountancy and Bookkeeping:
Our qualified accounting and bookkeeping services will assist you in maintaining accurate financial records and fulfilling financial reporting standards.Trademark Registration:
We help you protect your rights to intellectual property by obtaining trademark registration assistance.Office Solutions:
First Idea’s professional team will assist you in business setup in Dubai Mainland to create your strong physical appearance in the ever-evolving business landscape of Dubai Mainland.
Start Your Dubai-Mainland Business Today!
Frequently asked questions
FAQ
A mainland business in Dubai is registered with the Department of Economic Development. Indeed, it offers many opportunities for companies eager to establish their presence worldwide.
Any investor of mainland company formation in Dubai shall have a local sponsor with 51% of the shares.
Establishing a mainland business in Dubai can be straightforward if you use great and experienced business setup advisors like us, as we are the pioneers in this field. In addition, our proficient business advisers will help you obtain a Dubai mainland license at transparent structures at the best Dubai mainland license cost.
If you want a mainland trade license in Dubai, you can have 100% ownership without an Emirati partner. However in some specific business activities, a local sponsor is necessary. Also, stockholders and partners must present themselves physically.
For the setup of business in the mainland, a company must have a physical office space of a minimum of 200 sqft.
Dubai's mainland business setup has no visa restriction. If you have an office space, you can get a visa easily.
As estimated, mainland business setup in UAE will take up to 10 business days.
For all tax-registered companies in the UAE mainland, VAT is applicable.
