Dubai Mainland
Why Choose Dubai Mainland for Your Business Setup?
Dubai Mainland Business Licenses
Commercial License
The entity’s purpose is to engage in trading throughout the region. It is important to note that 100% foreign ownership is allowed for this type of company in the UAE. Other benefits include:
- Foreign investors can now have 100% equity ownership in UAE companies,
- A recommended minimum share capital of AED 300,000, multiple business activities under one trade license, and no corporate or income tax.
Additionally, there is Location flexibility and no trade restrictions.
Industrial License
Obtaining industrial licenses is a necessary requirement for setting up manufacturing in the UAE. To begin the application process, submit an application to the Economy Department, which will issue the license specifying the allowed activity and production area. It’s important to note that additional approvals may be necessary from departments like Civil Defence and Environmental Agency, depending on the business’s industry. For instance, food production companies will need to gain approval from the Food Safety Department, while medical institutions must receive clearance from the Health Ministry and Dubai Health Authority. Moreover, financial businesses must acquire approval from the Central Bank of UAE.
Professional License
Achieve your Professional License today and become a respected member of the league of exceptional business experts! Our practical and comprehensive solution provides you with effortless establishment of your consultancy services or professional endeavors on the dynamic and innovative UAE mainland. With our support, you can unlock unlimited opportunities, network with industry leaders, and drive your career forward. Don’t wait – take the first step towards success and elevate your professional profile with our licensed services.
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At Quick Time, we guide you through the entire process, from documentation, government agency coordination, corporate bank account opening, trade license issuing to your company forming and running without a hassle. We simplify the process for your business to succeed.
FAQ
what is a mainland license?
All business units that fall under professional, commercial, and sole establishment registered under the economic department of Dubai are recognized as Dubai mainland license. Dubai mainland license gives you maximum freedom and adaptability to run your business.
How do I setup a Company in the Mainland?
To establish a business on the mainland, it is essential to undertake the following steps: identify a suitable business activity, locate an appropriate business address, select an appropriate legal structure, engage a local sponsor, procure a mainland license, secure an office space, and apply for relevant visas.
Can I setup a company in Dubai mainland without a sponsor?
According to the new law, a sponsor is not required to start a company in mainland. However, if an overseas individual wishes to provide services or consultancy, a local sponsor may act as the agent of the corporation rather than a 51 percent stakeholder in the company.
What is the difference between mainland and freezone?
The mainland is usually the spot outside of a free zone region. Corporations in the mainland are onshore companies with their licenses granted by the DED. A free zone is usually spot in the UAE that has its jurisdiction in the stated spot. The free zone companies are permitted to do business inside or outside the UAE.
what are the benefits of mainland company formation in dubai?
Mainland company formation in Dubai provides several benefits including freedom to trade throughout the UAE, ability to do business globally and extend your business, freedom to develop your company, ability to deal with the UAE and GCC governments and a lot more.
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