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Golden Business Zone provides a comprehensive range of services tailored to your business’s specific needs.
Advantages of a Dubai Mainland License
Freedom to Operate Anywhere
Having no limitations on where you can conduct business is one of the strongest reasons for getting a Dubai Mainland License. UAE mainland companies are allowed to do trade and business within the nation, in any free zones, and outside the country.
Stronger Market Presence
Getting a DED Mainland License gives you the opportunity to open your physical company anywhere in the UAE. This creates a stronger presence, and the freedom and flexibility to expand your company’s branches across the UAE.
Ability to Work with Government Bodies
Companies with Mainland Licenses are allowed to work with government contracts. The UAE government frequently needs specialised contractors for multi-million projects, giving you the opportunity to bid on high-risk, high-return projects.
No Currency Restrictions
There are no currency restrictions under the Dubai Mainland License. Companies are entitled to fully repatriate offshore or onshore bank accounts in the UAE.
No Visa Limitations
UAE mainland companies do not have any restrictions when it comes to expanding their visa quotas under a business license. An additional physical space would be required after a certain point, but it is much easier to scale the business.
Financial Viability
Companies with a Dubai Mainland License enjoy the benefits that Free Zone license companies have. This includes exclusion in paying taxes. It is also very important to note that no minimum capital requirement is required in setting up a company under a Dubai Mainland License.
Business Activities Under Dubai Mainland License
Dubai is considered to be one of the most sought-after business destinations across the world. The ease of setting up a business that comes with numerous lucrative benefits is the primary reason for the continuous influx of investors and entrepreneurs in the UAE.
With diverse options of activities to choose from, Golden Business Zone will help you choose the best-suited type of activities for your company.
Industrial License
An Industrial License in the UAE permits manufacturing, production, and packaging, offering tax benefits and access to advanced infrastructure.
Commercial License
A Commercial License in the UAE allows businesses to trade, import, and export goods, enabling local and international commerce with tax benefits and full ownership in free zones.
Professional License
A Professional License in the UAE is required for service-based businesses, allowing full ownership and enabling professionals to operate legally in their field.
Tourism License
A Tourism License in the UAE allows businesses to operate in the travel and hospitality sector, including travel agencies, tour operators, and hospitality services.
Steps in Setting Up Your Business Under a Dubai Mainland License
- Choose Your Business Activity and Structure
The first and most important thing to do before setting up a company in Dubai is to choose the right category and nature where your business activity falls. You can choose from over 1,500 business activities in the UAE. Dubai’s Department of Economic Development (DED) is the Governing body that regulates all the legal activities of businesses in Dubai.
- Register Your Company’s Name with DED
Choose a unique name for your company. Ensure that the chosen name does not match any other companies in Dubai. Once you have selected a name and received approval, register it with the DED. Typically, the registration process takes around three days.
- Apply for Mainland Trade License
After registering your company name, it’s now time to apply for your mainland trade license. There are a few commercial activities that are not permissible according to the DED law. DED is the accountable body to decide, regulate, classify, permit, and license all economic activities. Several documents are required as part of a trade license application. Golden Business Zone can assist you with this.
- Get an Office Space or Coworking Space
In the UAE, office spaces are usually owned by third parties. The packages and inclusions can be customised depending on your needs. It is essential to note that the tenancy agreement, Real Estate Regulation Authority (RERA) documents, and EJARI need to be submitted, following with the initial approval that is granted by the DED. An office space is often not mandatory and Golden Business Zone provides options of coworking spaces which is much more cost-effective.
- Prepare the Necessary Documents Like Memorandum of Association (MoA) and Article of Association (AoA)
The Memorandum of Association (MoA) is one of the most important documents in setting up a company in Dubai. This document states the information on share of limitations and liberty every partner has within the company. This document should be drafted carefully. The legal experts from Golden Business Zone can help you in preparing this document.
- Pay Fees and Collect the License
After completing documentation and approvals, pay fees and collect your business license, marking official recognition and allowing legal operation in Dubai mainland.
- Open Your Business Bank Account
