The United Arab Emirates (UAE) has established itself as a major force in the global business landscape. Its strategic location at the crossroads of East and West, coupled with its cosmopolitan environment and progressive policies, fosters a thriving ecosystem for entrepreneurs, investors, and established businesses alike.
The UAE’s robust infrastructure goes beyond physical development. Its advanced communication networks and well-developed legal framework provide a solid foundation for conducting business activities efficiently. This, combined with a steadily rising GDP, signifies a stable and attractive investment environment.
Furthermore, the UAE demonstrates a forward-thinking approach to development. Its commitment to continuous progress is evident in its ambitious plans to bolster its technological prowess, infrastructure capabilities, and resource diversification beyond just the year 2020. This dedication to growth ensures the UAE remains a competitive and relevant player in the global business arena for years to come.
A Dubai Mainland license enables entrepreneurs to conduct business activities both within and outside the UAE. The Department of Economic Development (DED) in Dubai is responsible for issuing trade licenses for mainland companies.
In Dubai Mainland Business Setup, individuals have the option to register for either a professional license or a commercial license. The trade license provided by the Department of Economic Development (DED) offers enhanced benefits and is regarded as premium, granting access to the following advantages.
Registering a company in Dubai does not necessitate having a physical office space; Emirates Express’s co-working DED package offers an ideal solution to commence your venture.
Dubai stands out as one of the world’s most desirable business hubs. The seamless business setup process, coupled with a multitude of enticing advantages, serves as the main driver for the ongoing surge of investors and entrepreneurs to the UAE.
With a wide array of activities available, Emirates Express is dedicated to assisting you in selecting the most fitting type of activities for your company.
An Industrial License within a Mainland Company enables businesses to engage in industrial-related activities including production, segregation, accumulation, and packaging. Such licenses are typically granted to businesses involved in the transformation of natural materials or resources into finished goods.
The Commercial License caters to companies seeking to participate in the buying and selling of goods, commodities, and various trade activities within the UAE. It is also granted by the DED to both general and specialized traders and businesses involved in retail, construction, and real estate operations.
A Professional License is granted to individuals or corporations offering services that depend on expertise, talent, and capability. This encompasses professions such as accounting, design, tourism, and other skilled services reliant on natural aptitude, proficiency, or experience.
In the travel and tourism industry, there are three types of licenses: 1. This license authorizes a company to oversee local travel arrangements within the city. 2. This license permits a company to market tourist packages outside Dubai's limits. 3. This license empowers a company to organize international meetings, conferences, and exhibitions.
Dubai is the top-ranked emirate of the UAE that is developing and growing daily. It is considered one of the best business hubs in the world due to its advanced technology and resources, along with its astonishing benefits and rules. There are 8 jurisdictions in Dubai where a business owner can set up his company effectively and easily. The jurisdictions of Dubai Mainland are mentioned below:
It is important for business owners and investors to educate themselves on the topic of business set up in Dubai before taking up a huge decision such as company formation. The procedures of company formation in Dubai or anywhere in the UAE are the simplest and most comfortable and efficient ones. Along with the suitable procedures, the advantages are immensely favorable for the entrepreneurs.
A Single-Person LLC is a business entity established and owned by either an individual or a corporate entity
A Limited Liability Company (LLC) comprises 2-50 shareholders and is the preferred legal structure for expatriate residents and foreigners looking to establish a new company in the UAE. Foreign investors have the opportunity to own 100% of an LLC in certain business activities.
Companies, whether registered in the UAE or abroad, have the opportunity to establish a branch in Dubai Mainland. The branch is required to engage in more than one activity listed on the parent company's license.
A Civil Company represents a partnership business primarily engaged in service-related or professional activities. Partners of any nationality can be part of a Civil Company, although a Local Service Agent (LSA) is required if the partnership does not include UAE or GCC nationals. Civil Companies bear joint liability for any losses or debts incurred through the civil partnership.
Emirates Express’s team has experienced and skilful business consultants who will guide you through all the procedures and processes of business setup in UAE mainland and Dubai mainland. Our business consultants assist their clients with all the rules and regulations and help them with the documentation and paperwork. They make sure that the process takes less time. They ensure they inform their clients with all the important and main business development methods.
To avail of professional business consultancy services, contact the team at Emirates Express. Our team comprises expert business consultants who are highly dedicated to their work and clients. They ensure a smooth and convenient business setup journey for our clients, guaranteeing effective and cost-efficient completion of all procedures.
Before establishing a company in Dubai, the initial and crucial step is to select the appropriate category and nature that aligns with your business activity. With a wide array of options, comprising over 1,500 business activities in the UAE, it's essential to choose wisely. The Department of Economic Development (DED) in Dubai serves as the governing authority overseeing all legal business activities within the emirate, ensuring compliance and regulation adherence.
Select an exclusive name for your company, ensuring it does not duplicate any existing companies in Dubai. Upon choosing a name and obtaining approval, proceed to register it with the DED. Normally, the registration process is completed within approximately three days.
Once you've registered your company name, the next step is to apply for your mainland trade license. However, it's essential to note that there are certain commercial activities prohibited by DED law. The Department of Economic Development (DED) is responsible for overseeing, regulating, classifying, permitting, and licensing all economic activities. The trade license application process necessitates several documents.
In the UAE, office spaces are typically owned by external entities, allowing for customizable packages and inclusions based on individual requirements. It's important to highlight that submitting the tenancy agreement, Real Estate Regulation Authority (RERA) documents, and EJARI is necessary, followed by obtaining initial approval from the DED.
The Memorandum of Association (MoA) holds paramount significance in the establishment of a company in Dubai, outlining crucial details regarding the share limitations and freedoms accorded to each partner within the company. Precision in drafting this document is imperative. Legal professionals at Emirates Express are available to assist you in meticulously crafting this essential document for your company setup needs.
Following the completion of documentation and approvals, proceed to pay the required fees and obtain your business license. This signifies official recognition and permits lawful operation within Dubai mainland.
Once the trade license is secured, the subsequent step involves initiating the opening of a corporate bank account. Thanks to advancements in digital banking, this process has been greatly simplified, often concluding within a matter of days. Our team of banking specialists will be on hand to guide and support you every step of the way throughout this procedure.