When a business in Dubai, entrepreneurs must be thoughtful about where to set up their business. The right choice can transform your company’s dynamics and pave the way for future success.
In the UAE, the mainland is defined as any area outside of a free zone. Any business operating within the UAE’s mainland borders is known as an onshore company, with its necessary license provided by the Department of Economic Development (DED).
Why establish your business in Dubai Mainland
Global mobility and unrestricted trading opportunities
The lack of restrictions and limits make Dubai mainland a perfect business destination for companies looking to trade with other businesses, regardless of location. In addition to providing services to the government, mainland companies can also engage in trading directly with customers throughout the UAE. With mainland company setup, businesses can expand and build a formidable presence throughout the Emirates by establishing numerous branches.
Broad working scope
Mainland enterprises can embrace a variety of services. If you’re looking to expand your mainland operations, register the new business activity with the Department of Economic Development (DED) and commence trading without restrictions!
Access to lucrative government contracts
The UAE is a hotbed for government tenders, and mainland businesses that set up in Dubai will be well-positioned to take advantage of these lucrative opportunities. With the right incentivization, companies can ensure their success by tapping into this profitable sector.
100% ownership control of mainland business entities
Recently, the visionary HH Sheikh Mohammed bin Rashid Al Maktoum has granted 100% foreign ownership of mainland business in the UAE, a decision that will have lasting economic impacts. This development has been a blessing for international investors who desire to do business within the Emirates. With 100% foreign ownership, business owners can jump right into the action without the need to search for an Emirati company or individual as a partner. This way, you’ll be to launch your ventures quickly and start generating revenue sooner!
InstaCo is here to make setting up a business in Dubai Mainland easy and stress-free. We offer comprehensive business setup services that enable you to fly through the paperwork, giving you more time to focus on what really matters: making your company a success!
Get in touch today to find out how InstaCo can help your business take off!
Types of mainland license Dubai
Businesses wishing to operate in the Dubai Mainland must obtain a license from the Department of Economics Development (DED). The mainland license Dubai comes in three different varieties: commercial, professional, and industrial:
Professional trade license
A Professional Trade License is a type of business license issued by the Department of Economics Development (DED) in Dubai Mainland. It enables businesses to operate their activities without restrictions, giving them unlimited trading opportunities and mobility. With such a mainland license Dubai, businesses can grow their presence throughout the Emirates without setting up multiple branches or subsidiaries.
Commercial trade license
The Commercial Trade License is a type of business license that allows companies to engage in trade activities within the Dubai Mainland. It gives businesses access to unlimited trading opportunities and mobility without any restrictions, enabling them to grow their presence throughout the Emirates without having to set up multiple branches or subsidiaries. In addition, the Commercial Trade License allows companies to work directly with customers without needing a third-party intermediary.
Industrial trade license
This license type allows companies to conduct their operations without limitations and grants them access to diverse opportunities and resources. This license allows businesses to expand their reach across the Emirates without establishing multiple branches or subsidiaries. By obtaining an Industrial Trade License, businesses can take advantage of raw material production, manufacturing, assembling, and packaging between one or more stages of production, all under one roof.
What are the requirements to obtain a mainland license in Dubai?
Before you can open a business and secure a trade license in the UAE, it is necessary to fulfill certain legal requirements.
- Identify the type of business – whether it be professional, commercial, or industrial in nature
- Identify the kind of activity
- Decide upon the legal standing of your business
- Choose an appropriate, unique trade name for your enterprise
- Get your business name registered to ensure it is legally protected.
- The Ministry of Economy will promptly register your trademark, if applicable.
Whether a business is structured as a sole proprietorship or an LLC, completing and signing both the Memorandum of Association (MoA) and local service agent agreement (LSA) are non-negotiable requirements. The memorandum of association is essential for the following business legal forms:
- Limited partnership
- Public joint stock company (PJSC)
- Limited liability company (LLC)
- Private joint stock company (PrJSC)
What is the Dubai mainland license cost?
The cost of setting up a business in the Dubai Mainland depends on the type and size of your company and the sector you’re entering. Generally, the Dubai mainland license cost will be between AED 15,000 – 40,000.
Why choose us for a mainland license in Dubai?
Whether you’re a startup or an established business, choosing the right license for your company is essential. We at InstaCo can help you find the best solution for setting up a business in Dubai Mainland. Our team of experienced professionals ensures that all legal procedures are taken care of and will go above and beyond to provide you with excellent service at every step. With our assistance, you can be assured that your application process will go as smoothly as possible. So contact us today to get started on your journey toward success!