Top Business Setup in Dubai Mainland
New Company Registration in Dubai
Business Setup in Dubai Mainland refers to the area in Dubai that falls under the Dubai Economic Department’s (DED) jurisdiction. Dubai Mainland is the part of Dubai where businesses can operate without any restrictions on the number of visas or the location of their office. Setting up a company in Dubai Mainland allows you to do business across the UAE and internationally, offering a wide range of opportunities for growth and expansion.
- Get UAE Residency
- Easy business setup process
- Bank account assistance
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Register New Company in Dubai Mainland
Dubai Mainland, nestled in the heart of the United Arab Emirates (UAE), is a thriving business hub renowned for its strategic location, state-of-the-art infrastructure, and investor-friendly policies. In this article, we will explore everything you need to know about setting up and doing business setup in Dubai Mainland. From the benefits of establishing a company to the legal requirements and essential considerations, this guide aims to provide valuable insights for entrepreneurs and investors eyeing the Middle East’s commercial paradise. Dubai Mainland is a popular choice for entrepreneurs looking to establish their businesses in the region. It offers a strategic location, easy access to markets, and a stable economy. Additionally, company formation in Dubai Mainland allows you to operate within the local market as well as internationally.
Business Setup in Dubai Mainland refers to the area in Dubai that falls under the jurisdiction of the Dubai Economic Department (DED). Unlike free zones, Dubai Business Setup can trade directly with the local UAE market and are not restricted to specific industries. This makes it an attractive choice for entrepreneurs seeking to tap into the vast opportunities offered by the region’s dynamic economy.
Benefits of Registering a Company in Dubai Mainland
Dubai Mainland offers several advantages for businesses looking to establish themselves in the region. One of the key benefits of setting up a company on the mainland is the flexibility it offers in terms of business activities. Companies registered in Dubai Mainland can engage in a wide range of commercial activities without the need for specific approvals. This allows entrepreneurs to explore various business opportunities and diversify their operations as needed.
There are several advantages to setting up a business in Dubai mainland:
- 100% Ownership: Unlike free zones, where restrictions on ownership apply, Dubai Mainland allows for 100% ownership of your company.
- Access to Local Market: By operating in Dubai Mainland, you will have direct access to the local market, enabling you to tap into a wide range of opportunities.
- No Currency Restrictions: There are no currency restrictions in Dubai Mainland, allowing you to transact in any currency of your choice.
- Strategic Location: Dubai’s strategic location makes it an ideal hub for businesses looking to expand their operations globally.
Dubai Mainland is a popular choice for entrepreneurs looking to set up a company in the region. Unlike free zones, companies established in Dubai Mainland can conduct business anywhere in the UAE and globally, without any restrictions on the type of activities they can engage in.
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Cost of Business Setup in Dubai Mainland
The cost of setting up a business in Dubai can vary depending on several factors, such as the type of business, the location, and the size of the company. Here’s a general overview of the costs involved
Dubai Mainland Package 1
- Project Management Services
- 100% Foreign Owned License
- With 1 Investor Visa
- Medical
- Emirates ID
- Virtual Address
- Bank Account Opening Assistance
- VAT Registration
Dubai Mainland Package 2
- Building Maintenance, Cleaning Services
- 100% Foreign Owned License
- With 1 Investor Visa
- Medical
- Emirates ID
- Virtual Address
- Bank Account Opening Assistance
- VAT Registration
Dubai Mainland Package 3
- Commercial Trading Activity
- 100% Foreign Owned License
- With 1 Investor Visa
- Medical
- Emirates ID
- Virtual Address
- Bank Account Opening Assistance
- VAT Registration
Types of Business Structures in Dubai Mainland License
- Sole Proprietorship: This structure is suitable for single owners looking to operate a business under their name. While it offers simplicity in terms of decision-making and management, the owner has unlimited liability for the company’s debts.
- Civil Company: Ideal for professionals such as doctors, engineers, and consultants, a civil company allows partners to combine their expertise and resources to offer specialized services. Each partner shares profits, losses, and liabilities based on the partnership agreement.
- Limited Liability Company (LLC): One of the most popular business structures in Dubai, an LLC requires a minimum of two and a maximum of 50 shareholders. Each shareholder’s liability is limited to their share capital contribution, providing a level of protection for personal assets.
- Branch Office: Foreign companies can establish a branch office in Dubai to conduct business activities similar to the parent company. However, the branch office is subject to the same legal entity as the parent company, with no separate legal identity in the UAE.
Calculate Your Business Setup Cost Now
Company formation in Dubai Mainland offers entrepreneurs a gateway to the local market and beyond. With its strategic location, tax benefits, and access to a diverse range of industries, Dubai Mainland is an attractive destination for businesses looking to establish a presence in the Middle East. If you are considering setting up a company in Dubai Mainland, be sure to consider all the requirements and benefits to make an informed decision.
Business Activities Under Dubai Mainland License
A Dubai Mainland License allows businesses to operate anywhere in Dubai, not limited to free zones. This type of license is issued by the Department of Economic Development (DED) in Dubai and enables businesses to engage in a wide range of activities across various sectors. With a Dubai Mainland License, businesses can tap into the local market and benefit from the city’s strategic location, strong infrastructure, and business-friendly policies.
Under a Dubai mainland license, you can engage in a diverse range of business activities across various sectors including:
1. Trading
- General Trading
- Import and Export
- Retail Trading
- Wholesale Trading
2. Professional Services
- Consultancy Services
- Legal Services
- Accounting and Auditing
- Healthcare Services
3. Tourism and Hospitality
- Travel Agency
- Hotel Management
- Tour Operator
- Restaurant
4. Manufacturing
- Food Processing
- Textile Manufacturing
- Pharmaceutical Manufacturing
- Construction Materials
A Dubai Mainland License allows businesses to operate within the local market as well as internationally. It is regulated by the Department of Economic Development (DED) in Dubai and allows for a wider range of business activities compared to a Free Zone License. With a Dubai Mainland License, businesses have the flexibility to conduct various types of commercial activities, catering to a broader audience.
Steps to Start New Company Formation in Dubai Mainland
Dubai, the vibrant city in the United Arab Emirates, has become a hotspot for entrepreneurs and businesses looking to establish a global presence. Its strategic location, world-class infrastructure, tax benefits, and dynamic economy make it an attractive destination for startups and established companies alike. However, setting up a business in Dubai mainland requires a thorough understanding of the legal and regulatory processes.
- Choosing the Right Business Structure
- Setting Up a Bank Account
- Selecting the Business Activities
- Understanding Taxation
- Business Name Registration
- Expanding Your Business
1. Choosing the Right Business Structure
Dubai offers various business structures, each with its own set of benefits and limitations. You can choose from a Free Zone Company, a Mainland Company, or an Offshore Company, depending on your business needs, target market, and industry.
2. Setting Up a Bank Account
Selecting the right bank is crucial for smooth financial transactions. Comply with the documentation requirements and open a business bank account in Dubai. This account will be necessary for various financial transactions and operations.
3. Selecting the Business Activities
The type of business activity you choose will determine the licenses and permits you require. Dubai classifies business activities into four categories: restricted activities, professional activities, trading activities, and industrial activities. Ensure that your chosen activities align with your business goals.
4. Understanding Taxation
Familiarize yourself with Dubai's tax laws to ensure compliance. Understand corporate tax rates, the application of Value Added Tax (VAT), and how to determine tax residency for your business.
5. Business Name Registration
Selecting an appropriate and unique business name is essential for branding and legal purposes. Conduct a name availability search and follow the naming guidelines provided by the Department of Economic Development (DED). Once approved, register your trade name.
6. Expanding Your Business
As your business grows, explore opportunities to expand your operations. Consider opening branch offices or new locations to reach a broader market and increase your company's presence in Dubai.
Requirements for Company Formation in Dubai Mainland
To set up a company in Dubai Mainland, you will need to adhere to the following requirements:
Business Activity: Determine the type of business activity you wish to engage in and ensure it is permitted in Dubai Mainland.
Local Partner: In most cases, a local partner (UAE national) is required to hold a majority share in the company.
Trade License: Obtain the necessary trade license for your specific business activity from the Department of Economic Development.
Start your Business with Neeja Business Setup
Our business setup service providers can help you establish a new business in Dubai or anywhere in the UAE with ease and efficiency. These services are chargeable, and a nominal amount is applied to the facilities provided by them. Nevertheless, it is worth it, as it saves a lot of time, effort, and most importantly money!
Here at Neeja Corporate, we offer you the best solutions to start your company in Dubai, UAE. You get fast, reliable, and unbiased advice from your unique business setup consultants in Dubai. We can help you choose the right kind of license for your business activity and take you through the entire process from start to finish.
To know more about the Dubai business setup cost or to find out the low-cost new business setup in Dubai or any other Emirate, contact Neeja, as we offer you the best prices in the market.
Our Expert Services
When you register a new company in Dubai Mainland with us, you can expect top-notch services tailored to your specific needs. Our team of experts will handle all aspects of company setup, including:
- License Application: We will assist you in obtaining the necessary licenses and approvals from the relevant authorities.
- Visa Processing: Our team will guide you through the visa process for yourself and your employees.
- Legal Compliance: We will ensure that your company complies with all local laws and regulations to operate smoothly.
- Bank Account Opening: We can help you open a corporate bank account in Dubai for your business transactions.
Why Choose Us
Neeja Corporate Services is one of the leading consultants and solution providers for licensing, business incorporation, and other related activities. With the right set of expertise and experience, we help entrepreneurs and business owners acquire licenses and registration in a short span of time.
Start Your Entrepreneurship In Dubai Mainland With Neeja
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FAQ - Frequently Asked Questions on Company Setup in Dubai Mainland
Dubai Mainland Business Setup refers to the process of establishing a business in the mainland areas of Dubai, where companies can operate directly within the local market.
Yes, for Dubai Mainland Business Setup, a local sponsor, also known as a local partner or service agent, is required. The sponsor must be a UAE national and will have a 51% share in the company. However, the profit-sharing agreement can be mutually agreed upon and formalized in a side agreement.
The key steps for Dubai Mainland Business Setup include selecting the business activity, choosing a trade name, obtaining initial approval from the Department of Economic Development (DED), drafting the Memorandum of Association (MOA) and Articles of Association (AOA), securing office space, and obtaining necessary licenses.
In the UAE, the Department of Economic Development issues a total of six types of trade licenses. These include
- industrial licenses
- commercial licenses
- crafts licenses
- tourism licenses
- agricultural licenses
- professional licenses.
Each of these licenses caters to specific sectors and activities within the UAE’s economy.
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