Determine an appropriate Legal Structure

The first step is to select a structure for your company. This allows you to select either a LLC (Limited Liability Corporation), sole proprietorship or a civil company. The exact business operations you intend to carry out in the UAE must be chosen once the legal framework has been chosen. You can pick from the broad list supplied by the Department of Economic Development (DED) while conducting business in Dubai. It is crucial to check that the activities you choose are in line with your company's objectives and adhere to the DED's rules.

Trade Name Reservation

For your mainland endeavour, compile a list of preferable names (at least 3–4) and submit it for review to the appropriate authorities. Observe the UAE government's naming convention regulations, which include refraining from using pejorative language and allusions to gods. It should be noted that there can be an extra charge for utilising a foreign trading name, which would add to the overall establishment cost for a mainland firm

Establish a Secure Office

To ease legal communication, provide your mainland corporation a formal address. To cut expenses, renting office space is advised rather than buying real estate. As an alternative, you might look at choices for virtual offices through Whiteworth for remote business establishment, along with a sustainability agreement with legal advisors

Submit an application for a mainland company licence

Based on your mainland firm's operations and growth objectives, select the right type of license. Commercial, professional, industrial, and tourism licences are available options. The cost of a mainland Dubai licence can range from AED 7,500 to AED 20,000, depending on many elements including company activity and external clearances.

Obtain extra permissions

While many firms may choose from the DED's list to cover their intended operations, some might need to obtain extra permissions. Contact the appropriate regulating body in such circumstances, submit a business necessity plan, and offer supporting documentation for identification verification.

Manage Visas and Open an Account

The simple visa application processes are made possible by the lax visa regulations. Additionally, create a business bank account in Dubai with a selected local or foreign bank. Before making a choice, get advice from Whiteworth's banking professionals to weigh the benefits and drawbacks of various banks

Diverse Business Opportunities

A wide range of business opportunities are available on the mainland, with the Department of Economic Development (DED) listing more than 2000 legal commercial operations. You may choose the activities that best suit your needs, and you can also get external permissions for special business rights.

Tax-Free Operation

Mainland businesses benefit from tax-free operations, which are exempt from both company and individual income taxes. One of the lowest rates in the world, only 5% VAT is applicable. Additionally, you are not restricted by currency restrictions in your ability to repatriate 100% of your capital gains and earnings. You can get assistance from qualified legal counsel on the UAE's taxes regulations.

Access to the Local Market

A Dubai mainland licence gives you unrestricted access to the local market as well as the ability to conduct business elsewhere in the UAE. It is crucial to abide by the trading regulations specific to the mainland and other Emirates, and getting help from knowledgeable business experts may help ensure compliance

By leveraging these benefits, you can establish a successful business presence in Dubai's mainland region with the support of experts like Whiteworth.