Business setup in Dubai Mainland

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Business setup in Dubai Mainland

Dubai is undoubtedly one of the most popular cities in the world, especially for establishing businesses. It has a stable economy, low poverty rate and a high percentage of individuals who consider themselves financially stable. Due to Dubai’s liberal labor laws, hiring employees is easy and affordable. If you’re planning a business setup in Dubai, you can consider registering a Dubai Mainland company. Having a mainland business license will enable you to open an office anywhere in the UAE, and give you access to the entire UAE market. Moreover, the city allows foreign investors to have complete ownership of their mainland business, without requiring local partners. To top it off, the mainland companies in Dubai are exempt from corporate tax. What’s not to like? 

If you want Dubai mainland business incorporation, then it’s recommended that you connect with Registrationwala Dubai consultants. We’re one of the leading Dubai business incorporation service providers!

About Mainland Companies

Mainland companies refer to companies which are licensed by the Department of Economic Development (DED) in the respective emirates of UAE. Such companies can operate across the UAE restriction-free. Generally, mainland companies tend to participate in activities which are, in their nature, commercial, industrial, trading, tourism-related or professional.

Advantages of Business Setup in Dubai Mainland

Setting up a business in Dubai mainland offers a multitude of benefits, such as the following:

Eligibility for Dubai Mainland Company Formation

Let’s check out the eligibility criteria for company formation in Dubai Mainland:

Documents Required for Mainland Company Registration

The following documents are required for mainland company registration in Dubai:

Mainland Company Formation Dubai Process

Several key steps are involved in the Dubai company incorporation process. Let’s understand each step one-by-one:

Choose Business Activity

Before you establish a company in the Dubai mainland, you need to carefully decide the industry you want to trade in. The Department of Economic Development (DED) has listed thousands of permitted business activities to choose from. 

Some of them are accounting and finance consultancy, agriculture and soil consultancy, animal welfare societies, business forums and advisory councils, management consultancy, marketing and information services, hospitals and rehabilitation facilities, insurance consultancy, beauty salons, legal assistance and manufacturing.

Search for an Ideal Location to Establish your Business

After choosing your business activity, search for an appropriate location where you can establish your business. UAE mainland businesses have no restrictions on where they can be established, unlike freezone companies. 

To choose an ideal location, take into account factors such as your budget and your chosen business activity/operation. After establishing your office location, you can build your local presence with time by setting up branch offices.

Choose Legal Structure of your Business

A foreign entrepreneur can choose to establish a mainland company as a Limited Liability Company (LLC), civil company, sole proprietorship, etc. LLC refers to a type of independent legal entity owned by two or more shareholders. A sole proprietorship is a business owned and run by a single individual and is ideal for professionals who want full control over their business. 

In the case of a civil company, it is fully owned by professionals like lawyers, engineers, lawyers and accountants and is ideal for service-oriented business offering professional expertise. There are other legal structures as well. You must choose the one that you believe is most suitable for your business activities. 

Choose Company’s Name

You need to choose a name for your company that reflects your scope of business and professional values. While choosing a name for your business in Dubai Mainland, you need to keep certain things in mind. 

Make sure that the company name doesn’t contain any offensive words, religious references or inferences to other names. The name should be unique in nature and not already trademarked by another business or individual. Your company's trade name may only contain complete personal names. 

Obtain a Mainland Trade License

After completing the following steps, you must now obtain a mainland trade license from the Department of Economic Development (DED). The license will serve as a permit to allow you to run a mainland business in Dubai. 

To apply for a mainland license, you need to submit certain documents with the license application, including ownership details, visas of partners and shareholders, memorandum of association, articles of association, address proof, etc.

Secure your Office Space

After you have been issued a mainland trade license by DED, you must establish an office. Generally, the serviced offices in Dubai mainland are owned and maintained by third parties. They’re furnished and contain all the facilities required for moving in immediately. 

Apply for Relevant Visas

There isn’t any limit on mainland visa applications for business owners in Dubai mainland. However, the number of visas applied must correspond to the amount of office space needed. 

Generally, 100 sq. ft. of office space per visa is required. However, this is not applicable in some circumstances. For instance, in contrast to a textile or manufacturing company, the office space requirements would be significantly lower for a domestic cleaning company with more than 500 remote workers.

The foreign business owners who set up business in the Dubai mainland are entitled to investment visas which enable them and their families to live and work in the UAE for up to 3 years.

Business Setup in Dubai

Conclusion

Setting up a mainland business in Dubai can be a profitable venture. Dubai is a land filled with endless possibilities and offers state-of-the-art infrastructure for businesses. Mainland companies in Dubai are exempted from corporate tax and can choose to undertake activities from thousands from authorized activities listed by the DED. If you want Dubai mainland company formation to take place smoothly without any hassle, then connect with Registrationwala Dubai company incorporation consultants! We’ll help you with all the paperwork and make sure you receive a mainland trade license with ease. 

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