Mainland Business Setup in Dubai: Costs & Requirements
Due in major part to our flourishing business community and alluring tax rate, our emirate draws in entrepreneurs and business owners from all over the world. Most people who are just starting out here have to choose between forming a firm in a free zone or on the Dubai mainland.
Both have advantages, and the best option for you and your company will rely on your intended uses and location. I will discuss the benefits of forming a mainland company in Dubai, United Arab Emirates, in this essay.
Continue reading if you’re considering moving your current company or launching a brand-new endeavor in the Dubai mainland.
Benefits of a mainland company setup in Dubai
Mainland businesses differ from their mainland competitors with a number of distinctive characteristics. Mainstream businesses can establish up anywhere in Dubai and engage in unrestricted trade with the local market. Most of the time, foreign businesspeople can also own 100% of mainland businesses.
Depending on the size of the organization, mainland companies can also apply for an unlimited number of employee visas and accept government contracts. Compared to other jurisdictions, mainland enterprises in Dubai have greater possibilities for economic activity and less restrictions on ownership and visas based on nationality.
Steps to register a mainland company in UAE
Engaging the expertise of a local business specialist, like IBR Group, is highly recommended prior to initiating the application process for a mainland license in Dubai.
We can manage all applications on your behalf, walk you through the next steps, and provide you with a comprehensive overview of the company formation process after a brief, no-obligation consultation.
Step 1 – Outline your business activities
Selecting your company’s activities is one of the first and most crucial aspects in launching a business in Dubai. The Dubai Department of Economic Development has published over 2,000, so you’re bound to find one or more that meet your needs.
Step 2 – Choose and register a trade name
We will then assist you in selecting and registering your trade name. There are two other things to consider in this situation. Above all, your name cannot be vulgar or profane, nor can it sound like the name of any other company.
Step 3 – Submit license application
It’s time to submit your license application now. The type you’ll need is decided by the company activities you identified in the first phase. Here are a few typical choices. You are eligible to apply for:
- Professional Licensure – For rendering intangible services like consulting
- Industrial license: for manufacturing and related operations
- General trading license: for trading a wide range of unrelated items under a single license
- Commercial license: for the provision of physical services or trading activities
Step 4 – Obtain your residency visa
To conduct business in Dubai on the mainland, you will also require a UAE visa. IBR Group can help with this procedure once more. Additionally, we can assist you with the visa applications for domestic workers like housekeepers and drivers, as well as dependents of your business.
Documents needed for mainland company formation in Dubai
A completed application, a synopsis of your business operations, and some or all of the following files must be included with your application:
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Passport copies for directors and shareholders
- Proof of identity and address
- Copy of trade name confirmation
Dubai mainland company formation cost
AED 23,000 is the starting licensing fee for a Dubai mainland company when you register with IBR Group. Even better, you may apply for one of our cash flow-friendly payment plans, which can lower monthly expenses to as little as AED 1,917.
Our mainland license package plans include:
- Mainland Trade License for Dubai
- Six Visas are allotted
- Local service agent or corporate sponsorship (if needed)
- Upmarket Business Address in Downtown Dubai
- Payment Voucher for Reservation Name
- Documentation Services
- Visa + Medical + Eid (based on package)
- Committed Account Manager
Make an appointment for a free consultation with the knowledgeable staff at IBR Group to receive a personalized and comprehensive quote.
Start your Dubai mainland business with IBR Group
To conduct business in the UAE, all companies need a license. Although the necessary processes are not overly complex, some prior knowledge is needed. In particular, you must make sure that all of the applications you submit for your business license and visa are error-free.
Working with a company formation professional is the fastest route to getting up and running, as we have advocated throughout this post, as this may be a difficult process.
We at IBR Group provide you with the greatest options for launching your business in Dubai, United Arab Emirates.
You obtain prompt, trustworthy, and objective advice regarding the particular setup needs for your firm. We can guide you through the full procedure from beginning to end and assist you in selecting the appropriate license type for your company activity.
You may concentrate on your business and let us handle the bother of company registration. Additionally, when you engage with us, you’ll receive the greatest affordable and practical solution to assist turn your business idea into a reality.
IBR Group has assisted over 36,000 business owners in establishing their companies over the past ten years. IBR Group is your one-stop shop for setting up your business, whether it be on the mainland, offshore, in a free zone, or for the issuance of trade permits and other associated activities for registering a company.
Disclaimer: Above all information is for general reference only and sourced from internet, before making any kind of decision please visit the authorized websites of authorities and service providers.