BUSINESS SETUP IN DUBAI MAINLAND

The Dubai Mainland license grants you the flexibility and freedom to run and expand your business. If you are considering Dubai Mainland company formation, we are here to assist you at every step. At Virtue, our experts provide tailored advice to help you start your business and acquire this license. We ensure compliance with the relevant laws and regulations, helping you maximize the benefits of mainland company formation in Dubai in various ways.

Flexibility to trade without restrictions

Mainland company formation in Dubai offers numerous opportunities to take on more projects as you expand your business offerings. Dubai Mainland companies are free to trade with other businesses without geographical boundaries or limitations. In addition, they can deal directly with consumers or provide government services from anywhere in the UAE. Establishing your business on the mainland also means you can open several branches and help build your presence across the Emirates and cater to the needs of your customers around the world.

100% ownership

In the past, if you were a foreign entrepreneur wanting to own a business in the UAE, you had two main options:

• Set up shop in a free zone. These zones offer benefits like tax breaks, but they often restrict your ability to do business directly with the mainland UAE.
• Open a professional services company on the mainland, but only as a Civil Company or Sole Establishment. This meant you were the sole owner, but it limited the types of businesses you could run.

The good news is that things are now much simpler. The UAE now allows full foreign ownership for company formation in Dubai Mainland. This means you can be a foreign entrepreneur and own 100% of a business operating in the heart of the UAE. You won’t need to partner with a local company or person, and you’ll enjoy the benefits of the booming UAE economy while keeping all your profits. However, it’s important to remember that there are still some exceptions. If your business is in a critical sector like oil and gas, you’ll still need a local
partner.

Access-profitable government contracts

Government tenders are lucrative businesses for Dubai Mainland businesses. Your company could be picked to handle one of the government contracts.

From Idea to Icon: Building Your Legacy with a Dubai Mainland Business Setup

Do you want to establish a successful enterprise in Dubai Mainland? Look no further than Virtue Corporate Services. Their combined expertise and sophisticated services provide an ideal platform for your quest for business glory. Business Setup in Dubai Mainland for Business Owners in India, Russia, UK, USA & across Europe, Asia & other continents.

So, what makes Virtue Corporate Services stand out?

1. Dependable Partner:- When it comes to setting up your business in Dubai Mainland, Virtue Corporate Services provides an umbrella of services to ensure your entrepreneurial journey is a smooth sail. Whether it’s market research, business registration, licensing, legal consultation, or post-setup support, their team of proficient consultants guide you every step of the way.

2. Cost-Effective Services:- Establishing a new venture can be expensive. But, Virtue Corporate Services provides affordable packages tailored to your budget. The aim is to support budding entrepreneurs, not drain their resources.

3. A Wealth of Experience:- The experience that Virtue Corporate Services brings to the table is unmatched. Years of industry practice, coupled with deep know-how of UAE’s business laws, they’ve mastered the art of business setup in Dubai Mainland.

4. Client Testimonials:- Nothing speaks of trust and authority more than proven success. Virtue Corporate Services has a string of happy customers who have realised their business dreams, thanks to the dependable partnership with Virtue.

Making the Right Choice with Virtue Corporate Service

So, ready to plot your course to an exciting entrepreneurial journey in Dubai Mainland? Why consider when Virtue Corporate Services can steer your sail? Business setup in Dubai Mainland is a complex procedure, filled with intricate legalities. But Virtue Corporate Services holds the key to your worries. With them, you’re choosing not just a service provider, but a partner committed to your success. Don’t let opportunities slip away. Go ahead and step into the promising business landscape of Dubai with Virtue Corporate Services by your side.

Steps to follow for mainland company formation in Dubai

Company formation in Dubai is a straightforward process that involves these steps:

Step 1: Identify your business activity and its nature.

Once you have chosen and defined your business activity, make sure you are committed to it. Your chosen activity will determine the license you must apply for and the other required permits. At Virtue, we can help you research the Dubai market and make an informed decision.

Step 2: Determine the legal structure of your company.

The legal framework will determine your ownership and other factors, such as the number of shareholders you must have. LLC (Limited Liability Company) is the most popular option, but we can recommend other legal formations.

Step 3: Register your trade name.

After defining your trading activity, you must reserve your trade name and obtain initial approval while ensuring its compliance with government guidelines. Our experts can help you pick an appropriate and acceptable trading name and initial approval to proceed with signing the rental contract (Ejari) for your new business.

Step 4: Establish a business location.

You need a physical working space to operate a business in Dubai Mainland. Make sure it complies with the DED, zoning policies, and regulations of local municipalities.

Step 5: Create a MOA or an LSA.

Once you have chosen the type of company you want to establish in Dubai, you need to draft a Memorandum of Association (MOA) specifying whether your business will be a public shareholding company, a private shareholding company, or a limited liability company. If you are setting up a sole proprietorship, you will require a local service agent agreement (LSA).

Step 6: Get additional government approvals.

Some businesses must fulfill additional requirements for the government. For instance, if you use an English brand name, you might be asked to pay an additional AED 2,000. You may also need an approval from the appropriate govt. department based on the business activity (before or after license issuance) such as Roads and Transport Authority, Dubai Food and Control Department, Dubai Civil Aviation Authority, etc.

Step 7: Pay the necessary fees and get your license.

Apply for your license at the Dubai Department of Economic Development after reserving your commercial name, finalizing your activity, and indicating your legal framework. Ensure you have all the required paperwork when submitting your application.