The process of forming a company on Dubai’s mainland, which is controlled by the Department of Economic Development (DED), is known as main land business formation in Dubai. Mainland company formation in Dubai refers to the process of establishing a company within the mainland area of Dubai, which is governed by the Department of Economic Development (DED). This type of business setup allows companies to do business not only in Dubai but also in the rest of the United Arab Emirates (UAE).
Mainland Company Formation In Dubai
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Mainland Company Formation In Dubai
In Dubai Mainland, you can register for a professional or commercial license. The DED trade license is regarded as more valuable and offers the following advantages.
- Wide Market Access
- No Share Capital Requirements
- 100% ownership and control of their company
- Access to Government Contracts
- Business Support Services
- International trade without any restrictions.
Types Of Dubai Mainland License
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How to Start a Business in Dubai with a Mainland License
01. Choose Business Activity
Identify the type of business activity you wish to pursue. Dubai mainland offers a wide range of activities, including commercial, professional, and industrial.
02. Register the Company with DED
Choose a name for your company that is both unique and relevant. Make sure it adheres to the standards and naming norms established by the Department of Economic Development (DED).
03. Apply for Mainland License
Identify the type of business activity you wish to pursue. Dubai mainland offers a wide range of activities, including commercial, professional, and industrial.
04. Lease Office Space
Find suitable office space for your business in an approved location. The DED has specific requirements regarding office size and location for different business activities.
05. Prepare Legal Documents
Prepare the necessary legal documents, including Memorandum of Association (MOA) and Local Service Agent (LSA) agreement.
06. Pay Fees and Obtain License
Pay the required fees to the DED and obtain your Dubai mainland license. The license allows you to legally operate your business in Dubai.
07. Register for Legal Formalities
Register your company with the appropriate authorities for tax purposes, social security, and any other mandatory registrations.
08. Open a Bank Account
Once you have obtained your license, open a corporate bank account in Dubai to manage your business transactions.
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