Company setup in Mainland Dubai is challenging but not impossible. All you will need is understanding the process for easy and smooth closure. Mainland companies in Dubai, UAE are believed to be the most developed business entities. To open a mainland company, you will first need to meet the legal structure set by the UAE government; and also follow the Government policies. Additionally, Mainland companies must be located within the limitation of commercialised geographical areas in Dubai, that are covered under the jurisdiction of the Emirati Government.
Governing Body for Mainland Dubai
Department of Economic Development (DED) Dubai is a government-approved body that is responsible to issue trade license for business setup in Dubai Mainland, and govern the functioning and support economic development with below mentioned three main objectives:
- Mohammed Bin Rashid establishment for small and medium enterprises
- Dubai Foreign Investment development Establishment
- Business Registration & licensing sector of DED gives trading, professional & Industrial activities licenses.
Licenses for Dubai Mainland Business Setup (DED)
- Commercial Licenses that includes all kind of business activity
- Professional licenses are issued for professions, services, craftsmen & artisans
- Industrial Licenses are issued for establishing industrial or manufacturing activity
Point to Note for Dubai Mainland Business Setup
- Identify your local partner or sponsor or service agents required for Local Liability Company (LLC) or Local business start-up
- Apply for company name approval from DED. Obtain approval.
- Create a Memorandum of Association (MOA) with the professional service provider and submit the MOA to DED along with your license application
- For a quick business setup, 100% ownership, and tax exemption, opt for business Free Zones licensing
- Find out and enquire about location accessibility, appropriateness, and cost
- Find out about visa eligibility and necessary document requirements
- You need a registration consultant as a trusted business solution partner
- Do not overlook bank charges
- Do not sign legal papers and contracts in haste. Read the documents carefully before signing
Why Set Up a Mainland Company in Dubai, UAE?
Dubai in the United Arab Emirates (UAE) offers the best business environment in the Middle East. It is a perfect location for mainland companies because it is comfortably accessible from all the parts of the world. Its investor-friendly economic policies and excellent work culture make it even more business-friendly.
Well-thought-out enterprising schemes, various tax incentives, no double taxation, and plenty of natural resources like oil have encouraged industries, services, and trade sectors to prosper in the UAE, and have performed an essential role in UAE a thriving and high-powered business hub.
Benefits of Setting Up Mainland Company in UAE
- Ease of getting office space at affordable rates
- Flexibility to rent/lease office anywhere
- Freedom to do business in any part of the UAE
- No corporate or personal taxes
- No restrictions in the process of legal documents
- No auditing every year
- No limitations in obtaining employment visas and an easy recruiting process
- No need for minimum capital
- No requirement for the professional service agent to obtain Professional Licenses
Both Mainland Dubai and Free Zones have their own advantages. You can choose the one that best suits your business needs. To understand what is right for you, you can hire a professional business setup consultant in Dubai who would not only help you find the right location for your business but also help you in the smooth and fast processing and approval of your documents.
