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A Dubai Mainland license is an onshore company allowing entrepreneurs to conduct business activities inside and outside the UAE. Dubai’s Department of Economic Development (DED) issues trade licenses for mainland companies.
You can register for a professional license or commercial license in Dubai Mainland. The trade license issued by DED is considered more premium and allows for the following benefits.
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.
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.
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.
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.
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.
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.
Convert your transactions into easy and affordable monthly instalments with our selected range of banking partners. Spend a minimum of AED 1,000 on your credit card issued from any of our participating banks and repay in easy instalments over a period of 12 months.
*General terms and conditions from the banks will be applicable.
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, Wise consultancy will help you choose the best-suited type of activities for your company.
The Industrial License under a Mainland Company allows a business to perform industrial-related activities such as production, segregation, accumulation, and packaging.
This type of license is mostly given to businesses that transform natural materials or resources into goods.
The Commercial License is intended for companies who want to engage in buying and selling of goods, commodities, and other kinds of trade activities within the UAE. A DED Commercial License is also given to general and specialised traders and businesses who engage in retail, construction, and real estate activities.
A Professional License is given to a person or a corporation that provides services and practices that rely on skills, talent, and ability. This includes individuals rendering work in the fields of accounting, design, tourism, and other professional services reliant on natural talent, skills, ability, or experience.
There are three forms of licenses in the travel and tourism industry:
1. This license enables a company to manage travel within the city.
2. This license allows a company to sell tourist packages beyond the boundaries of Dubai.
3. This license enables a company to conduct global meetings, conferences, and exhibitions.
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.
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.
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. Wise consultancy can assist you with this.
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 Wise consultancy provides options of coworking spaces which is much more cost-effective.
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 Wise consultancy can help you in preparing this document.
After completing documentation and approvals, pay fees and collect your business license, marking official recognition and allowing legal operation in Dubai mainland.