A company licensed by the Department of Economic Development (DED) within the relevant Emirate of the United Arab Emirates is classified under the mainland category. This article explains the procedure and benefits of registering a business in UAE mainland. Availing the expert services of premier Businesses Set Up Consultants, such as FAR Consulting Middle East, helps to ensure a seamless and efficient business setup process on the Dubai mainland.
The benefits of establishing a mainland business in Dubai include but are not limited to, the following:
There are so many reasons and benefits of business setup in the UAE mainland.
The following documents are required:
Having a Dubai mainland license will bring enormous benefits. It can operate freely across the UAE, involve in government contracts, and expand without restriction. This is a very suitable license for companies looking to have a strong local presence and pursue wider market opportunities.
Be it trading, consultancy, or manufacturing, a mainland license offers the greatest flexibility and scalability in operation.
The cost of mainland company formation in Dubai will depend on factors such as the type of license, office rent, and governmental fees. Common costs include a trade name reservation fee, initial approval fee, and fees for processing visas.
FAR Consulting Middle East. present a proper breakdown of each cost, enabling clients to understand and plan their finances accordingly.
Setting up a company in the Dubai mainland requires a few crucial stages. These steps must be followed carefully while adhering to the UAE’s local regulations.
To start, it is crucial to decide upon business activity. Business activity is the basis for selecting the legal form and type of licence, whether commercial, industrial or professional, etc. There are more than 2,000 business activities to choose from in the UAE.
The main categories of business licenses that are issued in the UAE include:
It is important to note that an investment/business can have more than one business activity.
The second step includes selecting the legal structure for your business. It is very important to know that the legal form of the business must match with the chosen business activity. In Dubai mainland, the most common forms are:
Each legal form has specific advantages, depending on the nature of your business.
The trade name distinguishes one business from another; it also reflects the nature and the form of the business. A request for a trade name may be submitted by an investor through the economic department in each emirate, either on its website or on its mobile application.
An initial approval is a no-objection from the UAE Government regarding setting up the business in the country. It also permits the investor to go ahead with the other formalities required for setting up a business. It does not, however, grant the authority to run or practice the business activity.
It is imperative for foreign investors to seek the approval of the General Directorate of Residency and Foreigners’ Affairs before obtaining the initial approval.
Some activities need additional approval from government entities concerned with the particular business before submitting for initial approval. These activities include those dealing with legal affairs, security affairs, and financial securities and commodities.
Depending on the type of legal form for which the business will operate under, a signed and completely filled Memorandum of association or a local service agent agreement of the business will be required. This shall be applicable to business following any of the following business legal forms:
Important points to consider:
All businesses must have a physical address to run the business in the UAE. The business premises, and location, must meet the regulations as set out by each emirate’s Department of Economic Development, along with those in respect to land planning in the municipalities.
It is necessary to provide a tenancy agreement for offices and warehouses rentals. Some emirates require tenancy agreements to be attested. For Dubai, it is required that the Agreement should be registered with Ejari.
The establishment of some activities requires further permissions from the relevant government entities of the activity. The list below is sorted by ministry for the following activities:
After successfully completing the above steps, an investor can collect the Business license from the Department of Economic Development (DED) in Dubai or through their websites.
Business setup in Dubai Mainland could be a very lengthy process without professional assistance. FAR Consulting Middle East facilitates the whole process with broad assistance in the journey from the beginning itself. In addition to all this, we also offer other related services which include VAT registration services, tax compliances, and PRO services, among others.
FAR Consulting Middle East is one of the renowned business consultancies with rich experience and a client-oriented approach. Being government-approved agents, we work in close contact with DED and other authorities to provide a smooth and quick company setup in Dubai mainland.
Our transparent policy of pricing and high-quality service make us a preferred choice for all the entrepreneurs and businesses that desire to establish themselves in the UAE mainland.
Dubai’s mainland presents endless possibilities for growth and success. It can guide you through establishing a successful business in one of the most dynamic markets in the world.
Call FAR Consulting Middle East now and start your journey of business setup in Dubai mainland with ease. Our highly dedicated team guarantees to take along the process to make your job easier and more accomplished.