Top Business Setup Services in Dubai MainLand

For individuals and businesses, a mainland business setup in Dubai can be a very profitable investment opportunity. Mainland business setups are corporate entities that are permitted to operate and function within the Emirati jurisdiction’s commercialized geographical regions. Any commercial, professional, or single establishment business entity that is registered with the Dubai Economic Department is referred to as a Dubai Mainland License (DED). To begin with, a Dubai mainland license gives you the most freedom and flexibility in expanding and operating your company. Various laws and regulations that govern the operation of mainland firms in the UAE have been changed by the government.

One of the most important governing rules governing mainland business setups is the firm equity share.

The UAE government has reshaped the future of business with the implementation of reforms to the Commercial Companies Law, which took effect in June 2021. For enterprises located on the mainland, the UAE government has authorized complete foreign ownership. Previously, expat business owners could hold up to 49 percent of their firm, with their Emirati sponsor owning the remaining 51 percent. Due to revisions in UAE company legislation, foreigners starting a company in Dubai will no longer need an Emirati shareholder or agent. 

What Is the Process of Registering a Business in Mainland?

Identify business activity

The nature of business activity determines the legal structure and type of license, whether commercial, industrial, or professional. There are six distinct sorts of licenses to choose from. Industrial, commercial, professional, tourism, agricultural, and occupational are the categories.

Select the legal form

The legal form is primarily decided by the firm’s demands. Furthermore, the legal form is used to determine which laws and regulations apply. In the UAE, an investor can select one of the following legal structures:

•         General partnership
•         Limited partnership
•         Limited liability company (LLC)
•         Public joint stock company (PJSC)
•         Private joint stock company (PrJSC)
•         Civil company
•         Local company branch
•         GCC company branch
•         Foreign company branch
•         Free zone company branch
•         Sole establishment
•         Holding companies

It should be noted that the legal form of the business must correspond to the business activity.

Register the trade name

 A trade name separates one company from another. It also represents the company’s nature and structure. An investor can apply for a trade name using the website or mobile application of each emirate’s economic department.

Initial approval

 Early permission implies that the UAE government has no issues to the corporation operating in the nation. It also allows the investor to forward to the next stage of the business establishment procedure. It does not, however, grant you the right to operate or practice your business.

Before receiving first clearance, foreign investors must receive approval from the General Directorate of Residency and Foreigners’ Affairs.

Before requesting for the initial approval, some activities require extra approvals from government organizations linked to that particular firm. These operations involve legal and security matters, as well as financial securities and commodities.

MOA and LSA

A completed and signed Memorandum of Association (MoA) or a local service agent agreement (LSA) of the business is necessary, depending on the legal form of the organization. A memorandum of association is required for the following company legal forms:

•         Limited partnership
•         Limited liability company (LLC)
•         Public joint stock company (PJSC)
•         Private joint stock company (PrJSC).

Select a business location 

To be able to function in the UAE, all businesses must have a physical address. The business premises and location must meet the requirements established by each emirate’s Department of Economic Development, as well as local municipality land planning legislation. 

A rental agreement for an office and a warehouse must be presented. The agreements must be confirmed in some emirates. The agreement must be registered with Ejari in Dubai.

Get additional government approvals

Additional approvals from government entities controlling certain company activity may be necessary in some situations. 

The Dubai municipality, ministries, and other judicial organizations may require approval for some businesses. Obtaining external permissions is also critical and must be followed by the commercial entity in order for the company to be licensed.