Setup Your Company in Dubai Mainland
An onshore firm that holds a Dubai Mainland license permits business owners to operate both inside and outside of the United Arab Emirates. Trade permits for enterprises based on the mainland are issued by Dubai’s Department of Economic Development (DED).
In Dubai Mainland, you can apply for a business or professional license. The DED-issued trade license is thought to be more valuable and grants the following advantages.
- Allows for 100% foreign ownership
- Ability to conduct business anywhere in the UAE
- Own and rent office spaces within Dubai mainland
- Do business with government entities
- Fewer nationality restrictions for obtaining a trade license
- Easier to open bank accounts, especially with traditional banks
- Scalability of a business is much easier by adding more visas to the trade license
It is not necessary to have a physical office space in order to register a company in Dubai; Iconic Zone’s co-working DED package would be the ideal place to start.
Advantages of a Dubai Mainland License
Freedom to Operate Anywhere
Obtaining a Dubai Mainland License is highly recommended since it allows you to conduct business without any restrictions on location. Companies based on the UAE mainland are permitted to trade and conduct business both inside and outside of the country, as well as in all free zones.
Stronger Market Presence
You can open a physical business anywhere in the United Arab Emirates if you have a DED Mainland License. As a result, your brand is strengthened and your company gains the freedom and adaptability to expand throughout the United Arab Emirates.
Ability to Work with Government Bodies
Businesses having licenses on the mainland may operate on government contracts. Since it frequently needs specialized contractors for multi-million dollar projects, the UAE government gives you the opportunity to compete on high-risk, high-return projects.
No Currency Restrictions
There are no currency restrictions on the Dubai Mainland License. Funds from onshore or offshore bank accounts may be fully repatriated by businesses operating in the United Arab Emirates.
No Visa Limitations
Companies with a business license on the UAE mainland are allowed to extend their visa issuing capacity. More real estate may eventually be required, but growing the business is much easier.
Financial Viability
Enterprises possessing a Dubai Mainland license are entitled to the same benefits as those with a Free Zone license. This holds true for not having to pay taxes as well. It’s also important to keep in mind that there is no minimum capital requirement when starting a business with a Dubai Mainland License.
Business Activities
Under Dubai Mainland License
Dubai is reportedly one of the most sought-after destinations in the world for business travel. The main reason for the constant influx of investors and business owners in the United Arab Emirates is the low barrier to entry and numerous lucrative benefits that come with establishing a company there.
Iconic Zone offers a wide variety of activities, so you can select the ones that are most appropriate for your business.
Industrial License
Production, segregation, accumulation, and packing are just a few of the industrial-related tasks that can be carried out by a company with a mainland company industrial license.
This kind of license is primarily granted to companies that turn resources or natural materials into products.
Commercial License
The target market for the Commercial License is businesses looking to buy and sell goods, commodities, and other kinds of commercial activities within the United Arab Emirates. A DED Commercial License is also given to general and specialty merchants, retailers, builders, and real estate companies.
Professional License
A professional license is given to a person or company that provides services and procedures that rely on aptitude, skill, and ability. This comprises those who offer expert services in fields like accountancy, design, tourism, and other fields where skill, aptitude, ability, or experience are prerequisites.
Tourism License
There are three types of licenses in the travel and tourism industry:
- This license enables a company to manage travel within the city.
- This license allows a company to sell tourist packages beyond the boundaries of Dubai.
- This license enables a company to conduct global meetings, conferences, and exhibitions.
Business Structures
Under Dubai Mainland License
- Foreign nationals can retain 100% foreign ownership in the business
- A Local Service Agent (LSA) is required for owners who are not UAE nationals. The LSA supervises license requirements and other government-related matters for the business.
- The company can legally practice professional services anywhere in the UAE
A Single-Person LLC is a business structure set up and owned by an individual or a corporate body.
License
A Limited Liability Company (LLC) is composed of 2-50 shareholders. An LLC is the most convenient legal structure for expatriate residents and foreigners to establish a new company in the UAE. Foreign investors are entitled to 100% LLC ownership on selected business activities.
A Civil Company is essentially a partnership business for conducting service-related or professional activities. A Civil Company can have partners of any nationality, but a Local Service Agent (LSA) is needed if the partnership doesnt include UAE or GCC nationals. Civil Companies are jointly liable for any losses or debts that arise out of the civil partnership.
Companies registered in the UAE or in other countries can establish a branch on the Dubai Mainland. The branch must carry out more than one activity listed on the parent company’s license.
Why Choose Iconic Zone?
Customized Solutions: We understand that every business is unique. Our solutions are tailored to address your specific challenges and opportunities.
Proven Track Record: We have a history of successful projects and satisfied clients, showcasing our ability to drive tangible results.
Expert Team: Our consultants are industry experts with a deep understanding of market dynamics and business operations.
Strategic Partnerships: We build lasting relationships based on trust, integrity, and a shared vision for success.
Where timeliness drives success
Our commitment to delivering precise, punctual, and effective business solutions that propel your company towards achieving its goals swiftly and efficiently. At Iconic Zone, we understand that time is a critical asset, and we prioritize it in every aspect of our consulting services to ensure your success.
Our Amazing Partners
Our close working ties to all of the UAE’s free zones as well as the regional trade and economic departments make it easy for us to assist with business creation and trade license issuing in Dubai and the UAE. SPC Free Zone, Meydan Free Zone, Ajman Free Zone, Jebel Ali Free Zone, RAKEZ, DMCC, and more are a few of our free zone partners!
Mainland company formation in Dubai means a business setup in the onshore region, registered after approval from the Department of Economic Development (DED).
The mainland Dubai license is a trade license provided by DED, and there are no restrictions on commercial activities in the mainland area.
Starting from June 2023, only branches of foreign banks and oil-related businesses will have to pay a corporate tax. The tax imposed varies according to the sector.
Business setup in Dubai mainland is not an easy task. Several documentations and approvals are required for obtaining a business license. Classy Shine can fasten up the process as it has affiliations with the Dubai government and its entities.
We cherish all interactions
Contact us
- info@iconiczonedubai.com
- career@iconiczonedubai.com
- 2310, 23floor, Regal Tower, Business Bay, Dubai, UAE