Mainland Business Setup Dubai- Dubai offers several location options for an entrepreneur when starting a business. Being the commercial capital of the United Arab Emirates, Dubai is a hub for diverse start-ups. The government of the investment-friendly emirate is acknowledged to provide huge opportunities for the international marketplace.
UAE mostly offers businesses opportunities (irrespective of size) in 3 jurisdictions:
Related posts
- Mainland
- Off-shore
- Free-zone
About Mainland Dubai
The Mainland is a privileged geographical area defined by the Department of Economic Development (DED). Here companies can do business in local markets and outside the UAE without any boundaries.
UAE, Mainland is the area that serves as the epicentre for most business. The Mainland is also known as the onshore company formation area. Mainland Company setup in Dubai provides various benefits to the businessmen. The mainland portion of the United Arab Emirates (UAE) is the total geographical area, authorised by the respective emirate’s Department of Economic Development (DED) to all free business entities to perform functions of its business capabilities.
Benefits of Business Set Up in the Mainland Dubai
Although a mainland company can do business anywhere, foreign ownership is limited to a maximum of 9%. A local sponsor of United Arab Emirates nationality must hold a 51% stake. However, continental companies enjoy greater profits for trade growth than firms in the free zone.
Over the past 40 years, UAE has diversified its economy to provide international business opportunities in various sectors. The government is extremely flexible and continues to increase the number of incentives for new, experienced, and budding businesses.
Another advantage of the Mainland business in Dubai is working with government agencies on projects. Companies in the free sector can only work with the private sector. Also, no minimum capital is required.
There are certain benefits of Mainland Dubai Company formation:
- Ability to conduct a wide variety of business activities.
- Ability to trade anywhere in the UAE and abroad.
- There are no restrictions on obtaining a work visa.
- Liberty to rent profitable space in any area.
- Transport infrastructure and communication networks are highly developed.
- No currency limit and low import tax.
Dubai Mainland Company Setup Types
- Legal Type
The types of businesses you can think of when setting up a business in the UAE can fall into one of the following types:
- Civil Company
- Limited Liability Company
- Subsidiary Company
- Branch Office Setup
- Sole Establishment
- Foreign Company Branch Office
- Local Company Branch Office
- License Categories
Types of licenses required for starting a business in Dubai are:
- Professional License
- Commercial License
- Industrial License
- Tourism License
Setting up a Business in Dubai Mainland
To do Mainland business setup Dubai, clearly state the nature of your business, the activities to be carried out, and the share structure. Get ready to carry out legal and administrative procedures.
Follow the steps to continue:
- Find a local sponsor or local service agent. If your sponsor is the legal owner of the controlling stock, you can still have 100% of the operating rights.
- Submit documents required to the Department of Economic Development (DED) for initial approval of company name and operations. You will receive a trade name certificate and an initial registration certificate.
- Obtain a notarised affiliation memorandum, including business name certificate, initial certificate, and DED-provided application, and passport and UAE identity of a local sponsor, as well as passport and visa pages of all partners.
- Before applying for a license, make sure you have a pre-verified and office address.
The Dubai Municipal Government is the body responsible for managing this.
- Obtain any other extra approvals if necessary.
- Then prepare documents for the final time of submitting the business license and registration. These include the original MOA, the rental agreement, and other third-party pre-approval documents.
Business Prospects in Mainland Dubai
Setting up a mainland business in Dubai does not limit who and where you can do business in Dubai. By setting up a business on land, investors can plan and execute any form of commerce without worrying about the legal implications of going beyond clear regulations in Dubai and throughout the United Arab Emirates jurisdiction.
However, certain legal procedures must be respected, such as having a local sponsor. Your start up consultant should explain how to work with a local sponsor and maintain control over the management and finances of the business.
The continental business education program in the United Arab Emirates allows you to freely engage in international trade and explore growing global connections.
Flexible business training to easily adapt to new markets. For example, when your product or service suddenly changes in a certain country, you need to plan and implement the logistics to get there as soon as possible. This facility ensures that you exploit the market and make the most profits.
The smart city infrastructure of Dubai gives businesses the power to diversify their operations and take their business to the next level. Opting for continental business training in the UAE offers better evolution and better scope of extension. Furthermore, starting a land-based business in Dubai offers a quicker, less restrictive, and quicker administrative process than other business training courses in the UAE.
Unlike other business startup training courses in the UAE, a mainland company licenses lucrative government contracts and projects to tender. The UAE government is large, and its contracts and projects are worth millions. Therefore, if the authorities consider starting your business on land, you will enjoy long-term business success and generate profits.
Note that the opportunity to work with the UAE government will strengthen the company’s status and reputation nationally and internationally. After working with the UAE government, it will be easier to win government contracts in other countries.
Documents Needed for Mainland Company Setup Dubai
Following are the documents required for Mainland business setup Dubai, UAE:
- Passport size photograph.
- Passport copy of the shareholders.
- Trade Name (At least three names should be chosen)
- Business Activity
- Entry stamp or Visa page.
Mainland company formation in Dubai is stress-free and hassle-free working with a reputable and experienced corporate training team.
