Business Setup in Dubai
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Tap the UAE’s strong economy, setup a Mainland Company in Dubai !
Are you planning to invest in UAE? With Skwer Group’s thorough knowledge of the UAE Market, we can guide you every step of the way, from all the paperwork, gathering of the required documents and series of approvals required to setup a company in UAE. There are numerous options where businesses can setup a company in Mainland having more than 3000 business activities to choose from; and for better growth, companies are categorized for regulatory measures based on the UAE Commercial Companies Law. Skwer Group company formation consultants, however, are here to help and provide business feasibility studies in order to help in the decision-making process. Our dedicated team of consultants are experts in Mainland Company Setup in Dubai, they give clients advice on a specific business activity or multiple business activities whichever will meet the client’s current and future plan.
Generally, Business Setup in UAE mainland can be overwhelming. Thus, Skwer Group provides end-to-end company formation assistance. Our fast-growing team also handles other aspects of business registration in Dubai such as bank account opening in UAE, accounting services, digital marketing services, among others.
Why Invest in UAE Mainland Company ?
A UAE Mainland Company is a company licensed by the Department of Economic Development (DED) wherein companies are able to conduct business locally as well as internationally. Do business anywhere in the Mainland and benefit from the broad scope of trade. This gives investors the opportunity to diversify their service offerings within mainland by simply re-registering the new business activity with the DED. Furthermore, HH Sheikh Mohammed bin Rashid Al Maktoum launched the law to allow 100% foreign ownership in Dubai Mainland on LLC companies. This move has remarkably improved the ease of doing business in Dubai as it responds to the evolving needs of the UAE business community. These are just some of the benefits that investors can get from a UAE Mainland Company.
UAE Mainland Business Setup Advantages:
Broad Scope of Trade
100% Foreign Ownership
Zero Trade Restrictions
Location Flexibility
Access to Lucrative Investment Options
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The process of business setup in Dubai & UAE with Skwer Group
These simplified steps can help you navigate the process of starting your business in the UAE more easily.
Choose a business activity
Before you setup a company in UAE Mainland, you must first decide on the industry in which you will trade. You may check the DED list of businesses activities as a guide.
Choose a location in the UAE
Once you know which industry you like to trade, you now must decide on the location where you want to operate. Note that there are no restrictions on where you can setup.
Decide on your Business Legal Structure
Limited Liability Company (LLC) is the most common legal structure in UAE Mainland. It can be owned by 2 or more shareholders. Commercial & Industrial license must have a local sponsor, but professional service company can be 100% Foreign owned.
Acquire a local partner or local service agent
A local sponsor can be a UAE-National or a UAE-based company in which 51% of business will be owned by the local sponsor. As for professional companies in the mainland, only a local service agent (LSA) is required and will only act as a representative and will not own any share of the business.
Choose a Company Name
One of the most important decision you will make is to choose the right company trade name for your business that will reflect your brand values. Note that offensive language and religious references to other organizations are forbidden. Our UAE Mainland Company Formation Expert will guide you on other factors to conisder in choosing a company trade name.
Apply for a Mainland Trade License
Now you must prepare and submit all the necessary documents required by the DED to start the trade license application. Some of the requirements includes license application and memorandum of sponsor agreements among others.
Dubai Mainland Business Licenses
In the Dubai mainland, businesses typically require one of four major licenses, depending on their activities:
01
Professional License
This license is for service-oriented businesses, such as consultancy firms. It’s a cost-effective choice compared to other licenses.
02
Commercial License
Ideal for businesses engaged in buying, selling, or trading goods and services. Many traders opt for a general trading license to conduct multiple trading activities under one license. Commercial licenses are common in Dubai and mainland UAE, and the process is straightforward.
03
Industrial License
This license is for firms involved in manufacturing goods, such as factories and industries. Depending on the type of industrial activity, you may need approvals from external ministries and government departments.
04
Tourism License
If your business is related to tourism, a valid Tourism License is essential. The Department of Tourism and Commerce Marketing (DTCM) plays a crucial role in issuing these licenses, which are required for inbound and outbound tour-related activities.
These licenses cater to different business endeavors, and Skwer Group will support clients to choose the one that best suits their needs.
Setup a UAE Mainland Company Now!
Choosing the Right Business Structure
When it comes to establishing a mainland business in the UAE, one of the most trusted and commonly chosen vehicles is the Limited Liability Company (LLC). However, there are other options worth considering.
Our team of expert lawyers and professional management consultants is here to assist you in every step of the process, from conducting feasibility studies and due diligence to corporate structuring/restructuring. We help you select the ideal company structure for your business on the UAE’s mainland, including:
- Sole proprietorship
- Civil Company
- Limited Liability Company (LLC)
- Private Limited Company (PLC)
- Public Joint-Stock Company (PJSC)
- Branches, regional headquarters, and representative offices of foreign companies
- Single-family offices
Documents Needed for Mainland Company Formation in UAE
Setting up a company in the UAE mainland requires specific documentation from the initial approval to the documents required after the first approval.
Skwer Group is committed to assisting investors throughout the Dubai company setup process. Our expert team provides comprehensive business consulting and valuable information to help you make informed decisions regarding your company formation in Dubai.
- Registration and licensing application, along with proof of your reserved trade name.
- A photocopy of your passport (including residence permit/visa details for non-GCC nationals).
- For non-GCC nationals, a no-objection letter from your current sponsor.
- A photocopy of the director's passport, along with a no-objection letter from their current sponsor.
- If you're under 21 years old, you'll need permission from the court to conduct business.
- Any approvals issued by other government authorities related to your business activity.
- If your partner is an existing corporate entity, you'll need a board resolution.
- Keep the receipt for your Initial Approval handy, along with all documents submitted.
- A photocopy of your office lease, including the plot number.
- A photocopy of the Memorandum of Association, properly signed by a Notary Public.
- If your partner is an existing corporate entity in the UAE or abroad, you must have the Board resolution, Memorandum of Association, and Commercial Register Certificate attested by the UAE Embassy/Consulate or by a GCC State Embassy/Consulate. These documents should also be translated into Arabic.