Mainland Company Formation
Setting Up Your Mainland Business in the UAE
Starting a mainland company in Dubai presents a lucrative opportunity for businesses and investors looking to expand their presence in the UAE. Mainland companies, operating under the governance of the Department of Economic Development (DED), are subject to a strong legal framework that ensures smooth business operations within the region.
At MNK Auditing Of Accounts, we provide expert assistance in setting up your mainland company, offering guidance every step of the way. With the recent change allowing 100% foreign ownership of mainland businesses, the UAE now offers even more opportunities for international investors. Our team ensures that your company complies with all the requirements set forth in Law No. (19) of 2004 on Licensing of Business Entities, making the setup process hassle-free and efficient.
Whether you’re seeking to tap into the UAE market or expand your existing business, MNK Auditing Of Accounts is committed to providing the tailored support you need to establish a strong mainland presence and succeed in the UAE business landscape.
Steps to Establish a Mainland Business in Dubai
Starting a mainland business in Dubai is a structured process that requires careful planning and adherence to legal requirements. Here’s a simplified guide to help you navigate the process
Memorandum of Association (MOA)
Draft your MOA to outline your company’s purpose, structure, and capital details.
Obtain Initial Approval
Seek approval from the Department of Economic Development (DED) to move forward with the business setup process.
Register Trade Name
Choose and register a unique trade name with the DED to avoid rejections.
Secure Office Space
Lease or own office space in Dubai as it is mandatory for registering your business.
Apply for Trade License
Submit your trade license application with the DED after fulfilling eligibility criteria.
Pay License Fee
Complete the payment of license fees and submit all necessary documents to the Commercial Registration Department.
Types of Mainland Business Licenses in Dubai
Dubai offers various types of mainland business licenses, each designed to cater to specific business activities. Choosing the right license is crucial for ensuring compliance with local regulations. Below are the most common mainland business license types.
Professional License
A professional license is required for individuals or businesses offering professional services such as consulting, legal advice, or accounting. This type of license is generally more affordable and allows businesses to operate in specialized fields.
Commercial License
A commercial license is needed for businesses involved in trading goods or services. It permits the import, export, and sale of products. A general trading license also allows multiple business activities under a single license, making it a flexible option for entrepreneurs.
Industrial License
An industrial license is required for businesses that engage in manufacturing and production. This license is issued for operations related to the creation, processing, or assembling of goods, and may require approval from both local and national government authorities.
Tourism License
For businesses in the tourism sector, such as travel agencies, tour operators, or hotels, a tourism license is essential. Issued by the Department of Tourism and Commerce Marketing (DTCM), this license is necessary for any tourism-related activity, whether inbound or outbound.
