Streamlined Success: Dubai Mainland Business Setup Made Easy

 

Are you a private or corporate investor looking for the next profitable venture? A business setup in Dubai Mainland can be a favourable option that lets you operate within the UAE’s commercialised geographic jurisdictions while expanding your reach to overseas clients. Beyond saving taxes, your company can access the unparalleled commercial advantages of this region.

Becoming a mainland company means registering with the Dubai Economic Department (DED) and getting a license to operate locally. Our team can help with that. Here at Virtue, our expert team eliminates the guesswork from mainland company formation in Dubai by handling the paperwork and offering relevant support services.

As your company formation partner, we offer a streamlined process that ensures an efficient and legal way for your business to start operating in the UAE. With official business permits and official registration from relevant economic divisions, mainland companies have limitless opportunities for success and growth.

Simplifying business setup in Mainland Dubai

Business setup in Dubai Mainland requires a trading license that guarantees your company’s authenticity to its customers. Getting this license involves many steps, such as reserving a one-of-a-kind trading name, applying for business authorisation, notarising your company’s memorandum of association, and filing the paperwork to the DED’s commercial registration with your application. Moreover, you must present relevant paperwork to the Dubai Chamber for your council membership registration.

At Virtue, our experts can help you choose the right trading license based on your needs. The options include the following:

·       Professional Trade License

·       Commercial Trade License

·       Industrial Trade License

·       E-trader license

·       Dual License

Additionally, we will share the details on the costs of a business setup in Dubai Mainland so you can plan your budget. With our help, you can understand and confidently navigate the company formation process and make informed decisions that can positively impact your business success and operational efficiency.

What are the available Legal Structures?

·         Limited liability company(LLC) – Such company liability is limited to it’s capital share value. It can be incorporated by UAE,  GCC nationals,corporations and expats who can own 100% in the company. It can have multiple partners and up to max. 50. If Sucha company is owned by an individual it’s known as Single Owner LLC.

·         General Partnership: It can have 2 or more partners who are jointly or separately liable for the company's liabilities using their personal funds.

·         Limited Partnership: It can be incorporated by one or more partners who are jointly or separately liable for the company obligations limited to its capital share.

·         Sole Establishment: UAE, GCC nationals are allowed to incorporate the company. However, Expats/Foreigners need a local services agent.

·         Private Joint Stock Company: A PJSC can have at least two and can’t have more than 200 shareholders. The company's capital shall be divided into equal shares of nominal value and must be paid in full.

·         Public Joint Stock Company: In such a structure, founders own a proportion of shares and the rest are offered to the public through an IPO and FPO.

·         Civil Company: It’s owned by two or more partners and suitable for professional activities such as beautysalons, tailors, consultancy etc. UAE and GCC nationals can own 100% shares in the company and an expat can also fully own the company however needs to have a local service agent (LSA) appointed.

·         Sole Proprietorship: UAE and GCC nationals may incorporate such company and expats may also  fully own a business under this legal structure and need to appoint a local service agent (LSA).

Additional Approval Requirement:

Certain business activities may require No-objection certificate or permit from an external department from a ministry or department or authority to conduct the business before or post-issuance of the license. Please check the list below of some of the ministries or agencies:

·         Roads and Transport Authority

·         Dubai Municipality (Food Control Department)

·         Dubai Civil Aviation Authority

·         Securities and Commodities Authority

·         Virtual Asset Regulatory Authority

·         Dubai health Authority

·         Ministry of Health and Prevention (MOHAP)

Get started! 

Set up your free consultation with our experts by calling +971-50115235. Here at Virtue, you can trust us to guide you through the intricacies of a business setup in Dubai Mainland and provide essential support tailored to your requirements.