For businesses from all over the world, Dubai is one of the top cities in the world and offers excellent chances especially, mainland company setup dubai is a popular choice in 2023.

The term “Dubai mainland license” refers to all business commodities categorized as commercial, professional, and sole establishments registered under the Dubai Economic Department (DED).

There are many business investors and foreigners that accept that Dubai is the most fantastic country to start a profitable business, especially in the mainland. This is due to the numerous amenities offered by the government, including world-class infrastructure, dependable connections, a skilled workforce, cosmopolitan workspaces, and incentives to make more investments. The growth and expansion of the business are greatly aided by this favorable business climate.

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Some of the most important inquiries you should be asking concerning establishing a business in Dubai are listed below:

  1. Where in Dubai should I set up my business?
  2. How can I estimate the amount of money needed to start a business in Dubai?
  3. Which Dubai freezone provides the most affordable choices for forming a business?
  4. Can a low-investment business be established in Dubai?
  5. Do I have to pay the cost of a Dubai trade license up front?
  6. What does it cost to establish a Limited Liability Company (LLC) in Dubai?
  7. What fees does the government impose for establishing a business in Dubai?
  8. Are there any companies in Dubai that offer reasonably priced business solutions or low-cost services for starting a business?

A Step-by-Step Guide to Establishing a Mainland Company in Dubai

  • Determine the business activity: Decide on the specific business activity you wish to establish in Dubai. Some activities may require additional approvals or licenses from government authorities.
  • Determine the legal structure: Choose the appropriate legal structure for your mainland company, which could be a sole proprietorship, partnership, or limited liability company (LLC).
  • Engage a local sponsor or partner: For most business activities, except professional services, you will need a local sponsor or partner who will hold a majority ownership (at least 51%) of the company.
  • Reserve a trade name: Submit an application to the Department of Economic Development (DED) to reserve a unique trade name for your company.
  • Prepare the necessary documents: Prepare all the required documents, which may include copies of passports, visas, business plans, financial statements, and a Memorandum of Association (MOA) or Partnership Agreement, depending on the legal structure chosen.
  • Register the company with DED: Submit the required documents and complete the company registration process with the DED. This involves obtaining initial approval, paying the applicable fees, and obtaining a registration certificate.
  • Get more approvals/licenses: Depending on the nature of your company activity, you might need to get additional permits or licenses from the appropriate government agencies, including the Dubai Economic Department, Dubai Municipality, or Dubai Health Authority.
  • Set up office space: Arrange for a physical office space in accordance with the requirements set by the DED. This could include leasing or purchasing a commercial property and obtaining the necessary approvals.
  • Obtain necessary visas and labor approvals: Once the company is registered, apply for the required visas and labor approvals for yourself and any employees you plan to hire. This may involve submitting documents to the Dubai Immigration Department and Ministry of Human Resources and Emiratization. Start working now.

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What Documentation is necessary to establish a Mainland Company in Dubai?

You will need to submit the following paperwork to the appropriate authority:

  • A copy of each shareholder’s passport.
  • Visa page or entry stamp.
  • A photo the size of a passport.

Note: You might need to submit a few extra documents depending on the type of activity you choose. Our experts will also ensure that all of your papers are in order.

Dubai Mainland License’s benefits

  • Try to conduct business with other mainland businesses:

The ability to conduct business with other mainland companies is one of the most crucial factors in establishing a UAE mainland company. In contrast, trading between free zone companies is strictly prohibited, and if they wish to do business with any mainland enterprises, they must go through a local registered distributor and pay customs duty. However, mainland businesses enjoy unrestricted access to the UAE and beyond.

  • Broader Business Scope:

The types of firms that can operate in UAE free zones are limited. For instance, enterprises in Dubai Knowledge Village should only engage in activities related to education or industries like it. Trading activities are not permitted. In Dubai Healthcare City, only healthcare-related enterprises are permitted. Similar to this, RAK marine city is the ideal option for maritime industries. Additionally, it should be emphasized that a free zone corporation may expand its operations into other markets inside the United Arab Emirates.

  • Collaborate with governmental organizations:

Government projects in the UAE offer enormous commercial opportunities. Both the investment and return on these ventures are high. Specialized businesses must be the projects’ contractors. It is obvious that taking on such projects can be very profitable, and the only way to be given the opportunity to do so is to have a mainland business license. Free zone businesses are now limited to working with private commercial businesses and are not permitted to submit proposals for such possibilities. Therefore, any company that wants to get contracts with UAE government agencies must proceed with the registration of mainland companies and businesses.

Best locations for mainland company setup dubai in 2023

When considering setting up a mainland company in Dubai, it’s important to choose a strategic location that aligns with your business requirements and objectives. Here are some of the best locations for mainland company setup in Dubai:

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  • Business Bay: Situated in the heart of Dubai, Business Bay offers a central location with excellent connectivity and easy access to major highways. It is known for its modern infrastructure, high-rise buildings, and proximity to the Dubai Downtown area.
  • Dubai Marina: Located along the waterfront, Dubai Marina is a vibrant and cosmopolitan area known for its upscale residential and commercial developments. It offers a mix of residential, commercial, and retail spaces and provides a dynamic business environment.
  • Sheikh Zayed Road: This major highway runs through the center of Dubai and is lined with skyscrapers and commercial buildings. Setting up your company along Sheikh Zayed Road provides visibility, accessibility, and close proximity to key business districts.
  • Al Barsha: Al Barsha is a well-established residential and commercial area in Dubai, known for its accessibility, affordable office spaces, and diverse business community. It offers convenient access to transportation links and is home to several business parks.
  • Deira: Deira is one of the oldest commercial areas in Dubai and is known for its bustling traditional markets, such as the Gold Souk and Spice Souk. It offers a mix of residential and commercial properties and is particularly suitable for businesses involved in trade and retail.
  • Al Quoz: Al Quoz is an industrial and commercial hub in Dubai, characterized by a large number of warehouses, factories, and showrooms. It is ideal for businesses involved in manufacturing, logistics, and distribution.
  • Dubai International Financial Centre (DIFC): DIFC is a leading financial hub in the Middle East, home to numerous financial institutions, banks, and professional service providers. If your business operates in the financial sector, DIFC offers a highly regulated and internationally recognized business environment.
  • Jumeirah Lakes Towers (JLT): JLT is a mixed-use development featuring residential and commercial towers surrounding artificial lakes. It offers a vibrant community atmosphere, affordable office spaces, and a wide range of amenities. JLT is particularly popular among startups and small businesses.

7 option for mainland company setup in dubai

There are various business options that you can explore based on market demand and your expertise. Here are some of the best company options to consider for mainland company setup in Dubai:

1. Trading and Import/Export: Dubai’s strategic location and thriving trade environment make it an ideal hub for trading activities. You can set up a mainland company involved in the import and export of goods, taking advantage of Dubai’s excellent logistics infrastructure and access to global markets.

2. Professional Services: Dubai’s dynamic business landscape creates a demand for various professional services. Setting up a mainland company in areas such as consulting, legal services, accounting, marketing, IT services, and business advisory can be highly lucrative.

3. Real Estate Development and Management: Dubai’s booming real estate sector presents opportunities for mainland companies engaged in real estate development, property management, and leasing. You can capitalize on the growing demand for residential and commercial properties in the city.

4. Hospitality and Tourism: Dubai is a major tourist destination, attracting millions of visitors each year. Setting up a mainland company in the hospitality industry, such as hotels, restaurants, travel agencies, or event management, can be a profitable venture.

5. Healthcare Services: Dubai’s growing population and focus on healthcare infrastructure make it an attractive sector for mainland companies. Establishing a medical clinic, diagnostic center, pharmacy, or specialized healthcare facility can be a rewarding venture.

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6. Education and Training: Dubai’s reputation as a regional education hub creates opportunities for mainland companies in the education sector. Start educational services, vocational training, language schools, or e-learning platforms.

7. E-commerce and Retail: The rise of e-commerce and digital shopping has created a thriving market in Dubai. You can set up a mainland company engaged in online retail, e-commerce platforms, or specialized retail stores targeting specific product categories.

Cost of mainland company setup Dubai

The cost of setting up a company in Dubai mainland varies depending on several factors, including the nature of the business, the number of visas required, and the premises chosen. In addition to these factors, there are other costs to consider, such as mandatory government fees and business incorporation fees. Here is a of some of the costs involved in mainland company setup:

Initial Approval in DED (Department of Economic Development) – AED 235 (One-time cost): This fee covers the initial approval process from the Department of Economic Development.

Approval of trade name – AED 735 (One-time cost): This fee is for the approval of your chosen trade name for the company.

Office rent – The cost of office rent will depend on the size and location of the office space you choose. On average, office rent starts from AED 50 per square foot per annum.

Drafting of contract and court agreement attestation – AED 500 for typing (One-time cost): This fee covers the drafting of the contract, and all partners or their attorneys will need to sign the court agreement attestation.

Registration with the Ministry of Economy – AED 3,000 (One-time cost): This fee is required for the registration of your company with the Ministry of Economy.

Trade license fee – Approximately AED 10,000: The trade license fee is an essential cost for obtaining the necessary license to operate your business in Dubai mainland.

Market fees – These fees are paid to the government as a percentage of the office rent. For shops, it is 5% of the rent, while for warehouses, it is 20% of the rent.

UAE local sponsorship fees – The fees for local sponsorship will depend on the nature of your business. On average, sponsorship fees range from AED 10,000 to AED 25,000. Certain activities like contracting and real estate may have higher sponsorship fees.

It’s important to note that these costs are approximate and can vary based on individual circumstances for dubai business setup. It is advisable to consult with a business setup professional or contact the Department of Economic Development for accurate and up-to-date information on the specific costs involved in setting up a company in Dubai mainland.

Conclusion –

Having your own business entity in Dubai will surely lead to better fortunes in the near future with so many new projects and sectors being established by the local authorities. And by assisting you with the business setup procedure, Business Setup Worldwide can help you mold your future. Get in touch with us right away; we’d be pleased to help.