Our experts will assist you in choosing the most appropriate and cost-effective mainland licence for your business, whether it is commercial, industrial, or professional.
Mainland company formation in Dubai can be a very lucrative investment option for investors and business establishments. Mainland companies are business entities that are allowed to function and operate within the boundaries of Emirati jurisdiction that come under commercialized geographical regions. In Dubai, all business entities that come under commercial, professional, and sole establishment registered under the Dubai Economic Department (DED) are known as Dubai Mainland License. Primary, possessing a Dubai mainland license helps you enjoy maximum freedom and flexibility to grow and operate your business. There are certain regulations and policies amended by the government that administers the operation of mainland companies in UAE.
One of the most important governing laws associated with mainland business sets revolves around the company equity share.
The implementation of reforms to the Commercial Companies Law with effect from June 2021 by the Government of UAE will transform the future of business. The UAE government has allowed for 100% foreign ownership for the businesses located on the mainland. Earlier, the expat business owners were only allowed to own a maximum of 49% ownership of their business while the remaining 51% share belonged to the Emirati sponsor. Now, the foreigners opening a company in Dubai will no longer need an Emirati shareholder or agent under changes to UAE company law.
Mainland company formation in Dubai, UAE gives you the freedom to extend your business’ branches to other parts of Dubai and across the UAE. The primary requirement for all business activities in the UAE is to own a license in any of the categories: Commercial, industrial and Professional. Two Brothers Business Zone provides business consultation for obtaining a Dubai mainland licence and to start your business in the most demanded locations of the UAE. We help you save time and cost of Dubai trade license, ensuring your mainland license in Dubai, UAE, is in accordance with the Dubai Economic Department.
Decide on a business activity that you would want to conduct in Dubai or any other the given Emirates. Try to comprehend the feasibility of the business activity and if you can conduct the preferred business activity in the region.
Finding a local UAE sponsor is the most central aspect of getting a business license in Dubai. This is mainly because if you end up with a wrong sponsor, it will not only mess your business but also create difficulties in regulating your company. Ask Two Brothers Business Zone about UAE local sponsorship services.
Every type of business setup in Dubai or anywhere across the UAE does have a legal form or legal structure. This legal structure is implied by the Dubai Economic Department and must be adhered by the company.
Decide a name for your company or business that will regulate as an identity for your business. You must reserve a trade name in accordance to the Dubai Economic Department and follow the set of procedures as per their disclosure.
Apply for Initial Approval with the Dubai Economic Department after you have received your initial paperwork. The initial approval provides you the opportunity to start your business in Dubai and simultaneously apply for other certifications as noted by the DED.
Some business may require approvals from the Dubai municipality, ministries and other judicial bodies. Getting the external approvals is also extremely important and must be followed by the commercial entity so that the company is licensed.
Any requirement of supplementary paperwork and documentations depend from company to company. Various business types may require additional paperwork considering where and how they would like to setup their business in Dubai.
If you are planning to incorporate a new business, it is essential as well as mandate under some circumstances to have an office on rent in Dubai. There are other affordable options such as Flexi Desk, but yet again not every type of business can contemplate on the option of having just a desk space and may require getting an office for rent in Dubai.
Ejari, means “My rent” in Arabic, is an initiative sponsored by RERA to regulate the leasing and renting sector in the emirate of Dubai. Business setups in Dubai need to showcase their Ejari to the DED in order to get their business license by the Dubai Economic Department.
The Dubai Economic Department and the various administrational authorities involved do charge a fee to license your company in Dubai. To get your company licensed in Dubai in the most cost-effective manner contact Two Brothers Business Zone Business Setup.
Did you know that with Two Brothers Business Zone you can get your Dubai mainland license in less than an hour! Get your business license in Dubai in the most easy, accessible and hassle-free manner.