Company Formation
Opening a business in the mainland of Dubai opens up opportunities that no other place provides to entrepreneurs and investors wishing to gain access to one of the world's most vibrant markets through company formation in Dubai mainland. Strategically located, with a strong economy, and pro-business policies, Dubai has become a global business and innovation hub. Setting up a mainland company grants full access to the UAE market, direct dealing with clients, eligibility to tender for government contracts, and much more flexibility compared to free zones making company formation in Dubai mainland an advantageous choice.
Other recent policy changes allow 100% foreign ownership, thus providing full control over their businesses to investors. The process of company formation in Dubai mainland is a bit cumbersome but can be efficient and straightforward if done under appropriate guidance.
Business activities for Dubai mainland companies are numerous and not limited to free zones, making company formation services in Dubai mainland highly versatile. The Department of Economic Development categorizes business activities into different sectors and it allows businesses to work freely. Some of the main business activities include;
If you are planning for company formation in Dubai mainland, you have several options to consider based on your business requirements.
There are massive advantages in company formation in Dubai mainland, among which are:
Dubai's mainland company setup is highly detailed and documented. Below are the comprehensive checklists of the documents needed to make the process a success without any hitch.
All Shareholders' Passport Copies: Clear valid passport copies of all the shareholders are essential for availing company formation services in Dubai mainland. This is one of the most important means of identification and verification tool.
Shareholders' Visa Copy: A copy of a valid UAE visa for resident shareholders from the UAE.
Photographs: All shareholders' and directors' passport-size photographs from recent times. These need to be UAE-standard official documents.
Proof of Residence: Shareholders require proof of current residence which may be a recent utility bill or bank statement by way of authenticating their data of residence.
Memorandum of Association (MOA): In the case of local sponsors or partners, an MOA is usually required. It covers the company structure, shares, and responsibilities of each partner.
Trade Name Approval from DED: Before completing the company formation process, you should obtain trade name approval from the Department of Economic Development (DED) for proper compliance with UAE naming rules.
Initial Approval for Business Activities: Obtain a preliminary approval certificate over your desired business activities through DED or relevant offices. It lets you continue to go forward with the establishment process.
Ejari Registration: Dubai mainland companies are required to have an actual office place. Ejari registration, an attested tenancy agreement, would provide evidence on whether one is in good compliance with office space requirements, hence making it indispensable for establishing companies.
In Dubai, mainland companies must obtain specific licenses depending on their business activities. The main types of licenses include:
Commercial License:
Businesses that engage in trading operations must have this license. It allows companies to import, export, and trade goods within the UAE and internationally.
Professional License:
Issued to individuals or firms providing professional services, such as consulting, legal services, or medical practices. This license requires the owner to have relevant qualifications and expertise.
Industrial License:
Essential for businesses engaged in industrial or manufacturing processes. This license permits businesses to set up factories and produce goods for local consumption or export.
Tourism License:
Required for businesses operating in the tourism sector, including travel agencies, tour operators, and hospitality services.
Service License:
For businesses offering various services, such as maintenance, cleaning, and logistics.
Setting up a mainland business in Dubai involves several key steps:
1. Outline Your Business Activities:
Identify the specific business activities you wish to undertake and ensure they align with the appropriate license type.
2. Choose and Register a Trade Name:
Select a unique trade name that complies with Dubai’s naming regulations and register it with the Department of Economic Development (DED).
3. Obtain Initial Approval:
Apply for initial approval from the DED, which allows you to proceed with the company formation process.
4. Prepare Required Documents:
Gather necessary documents such as passport copies, proof of residence, and the Memorandum of Association (MoA).
5. Lease Office Space:
Secure a physical office location that meets regulatory requirements and register the tenancy contract through Ejari.
6. Submit Final Application:
Submit your final application along with all required documents to the DED for approval.
7. Obtain Business License:
Once approved, receive your business license from the DED, allowing you to legally operate your company.
8. Visa Processing:
Apply for work visas for yourself and any employees you plan to hire.
The costs associated with company formation in Dubai mainland vary according to the specific business activities and conditions involved. General Overview is
Also, the setup cost for a mainland company in Dubai varies between AED 23,000 and AED 50,000 or more, depending upon different office space requirements and other approvals.
We ensure hassle-free company formation services in Dubai mainland through our complete service at Reyson Badger. Our expert will ensure that your business setup runs smoothly, efficiently, and in full compliance with the regulatory requirements of the UAE. Here's how we can help:
Reyson Badger delivers expert, comprehensive support for company formation in Dubai mainland, ensuring your setup is efficient, compliant, and tailored to local requirements. From selecting the ideal business structure to managing all regulatory approvals, we handle every detail including documentation, office space solutions, and employee visas. After formation, we continue to support your business with compliance, accounting, and tax services to keep operations seamless.
Get started with Reyson Badger today for a streamlined path to success in Dubai.