The process of business setup in Dubai Mainland can be a difficult without proper assistance. However, with the support of a trusted business advisor, it can become easier. Connect Services Middle East can help you meet your trading expectations. We guide companies into success. Our company provides various business licenses to support any business endeavor.
Starting a new company or doing Business Setup Dubai Mainland is an important decision. It involves a lot of planning, research, conceptualizing, budgeting, decision-making, and more. As a result, investors need to take charge of many things at once. This is when business consultancy services become critical.
Benefits of Mainland company formation in Dubai
In this era, Dubai is one of the most popular business destinations worldwide. With a large market base of consumers, infrastructural facilities, geographical strategic placement, and more, your company is destined to succeed. Once you decide to seting up business in Mainland Dubai, you will be able to enjoy many benefits, including:
- Providing your services legally in the UAE when you obtain a Dubai Mainland license
- Bank account opening in a local entity to deposit your earnings
- Unlimited visa quota for your business
- No minimum assured capital to set up your company
- No currency exchange restrictions for your organization
- Developing in a vast international market
- Ability to work with the government and 100% ownership of your business
In Dubai, Mainland companies can trade with each other and conduct their business in any part of the UAE or elsewhere. On the other hand, Free Zone businesses can only operate within their specific area.
Mainland companies can choose from a wide variety of locations in Dubai for their headquarters. Subsequently, they can trade within the local market and with other company branches. In addition, they can do business with the government. This allows them to develop a robust presence in the UAE.
Process of business setup in Dubai Mainland
To start your Mainland company formation in Dubai you must go through a process of obtention of licenses, permits, and more. Often, when you are navigating it alone, it can become more difficult than it needs to be. However, with our services, you can feel supported through the entire journey.
Before you begin the process of Mainland company formation in Dubai, you have to ensure that you comply with the legal requirements established by the government:
- At least two directors, a secretary and a shareholder (Corporate entities can be shareholders)
- A local sponsor (For foreign investors)
Types of Business Licenses for Mainland company formation in Dubai
To begin your Mainland company setup in Dubai, the Department of Economic Development issues four major business licenses for investors to select.
With this license, companies can assume business activities such as selling and buying goods. Once investors acquire it, they can obtain a General Trading License, which consents them to trade more merchandise. The Commercial License and the General Trading License are the most common in the region.
Professional license allows businesses to provide professional services to their clientele. For example, companies can offer accounting or consultancy services under a professional license. Besides, they can conduct other types of services related to management, healthcare, marketing, education, advertising, and more.
An Industrial license allows companies to carry out manufacturing activities. Consequently, this license is necessary for factories and other industries looking to perform these types of events. To obtain it, you will need the approval of other authorities, and it can become a stressful process if you do not have the right tools.
The demand for a tourism license has been growing consistently in these recent years. Therefore, this type of license is for investors or entrepreneurs who want to operate in the tourism sector. The three types of tourism licenses offered are, travel agent licenses and inbound/outbound tourism operation licenses.