Are you considering Dubai Mainland Company Formation? With 100% foreign ownership and minimal paperwork, setting up a mainland business in Dubai is your gateway to success in one of the world’s most dynamic markets. In this guide, we walk you through the process, benefits, and costs associated with starting a mainland company in Dubai.
Benefits of Dubai Mainland Company Formation
Dubai’s mainland offers entrepreneurs unparalleled opportunities. Here are the key advantages of setting up a Dubai mainland company:
- 100% Foreign Ownership: You can fully own your business, without needing a local sponsor.
- Unrestricted Market Access: Mainland companies can trade both inside and outside the UAE.
- Government Contracts: Direct access to lucrative government contracts.
- Corporate Tax-Friendly Structure: Business-friendly tax regulations.
- Simplified Banking: Easy bank account opening process.
- Skilled Workforce: You can sponsor and hire employees with ease.
Mainland Company Setup Process in Dubai
The process of starting a business on the mainland is straightforward but requires proper planning. Here’s a step-by-step guide:
Step 1: Choose Your Business Activity
Your business activity determines the type of mainland trade license you’ll need (e.g., Professional, Commercial, Industrial, or Tourism).
Step 2: Initial Approvals from DED
Get initial approvals from the Department of Economic Development (DED) in Dubai for your business activity.
Step 3: Trade Name Reservation
Choose three potential business names, and reserve your preferred one with the DED.
Step 4: Memorandum of Association (MOA)
Sign the MOA with your local partner or shareholder.
Step 5: Office Space Selection
Secure your office space in Dubai’s mainland.
Step 6: Issuance of Mainland License
Once all approvals are in place, your Dubai mainland trade license will be issued.
Step 7: Apply for Relevant Visas
Obtain investor visas, work permits, and employee visas as needed.
Required Documents for Mainland Company Formation
Here are the essential documents required for Dubai mainland business setup:
- Passport Copy (valid for at least six months)
- Visa Page Copy (if applicable)
- Emirates ID (if applicable)
- Passport-sized Photos
- Personal Information Sheet or Application Form
- Three Name Choices for the business
Dubai Mainland Company Setup Timeline
The estimated timeline for mainland company setup in Dubai is as follows:
- Day 1-5: Document preparation and pre-approvals.
- Day 6-8: Signing of MOA and license issuance.
- Day 9-10: Immigration registration.
- Day 11-15: Entry permit, change of status, medical examination, and investor visa issuance.
- Day 16-20: Emirates ID issuance.
Dubai Investor Visa & Bank Account Opening
Mainland companies can sponsor Dubai investor visas for owners and employees. Additionally, businesses benefit from a simplified process for opening a bank account.
Types of Dubai Mainland Trade Licenses
There are four major types of mainland trade licenses in Dubai, each suited for different business activities:
- Professional License – For service-based businesses and professionals.
- Commercial License – For general trading and commercial businesses.
- Industrial License – For manufacturing and industrial activities.
- Tourism License – For travel agencies and tourism-related businesses.
Business Legal Structures for Mainland Companies
Mainland companies in Dubai can be structured in various ways depending on the business needs:
- Limited Liability Company (LLC): Ideal for most businesses.
- Civil Company: For professional partnerships.
- Sole Proprietorship: For single business owners.
- Private Joint Stock Company: For larger ventures.
- Branch of Foreign or Free Zone Company: For expanding existing businesses into Dubai.
Cost of Dubai Mainland Company Formation
The cost of setting up a mainland company in Dubai ranges between AED 15,000 and AED 35,000. This depends on factors such as:
- Type of business activity and license
- Size of the company
- Number of visas required
- Office space requirements
- Other regulatory requirements
Why Choose Bizinvestfirm for Mainland Company Formation?
At Bizinvestfirm, we specialize in Dubai mainland company formation and provide end-to-end solutions for entrepreneurs. Here’s why we’re the best partner for your business:
- Wide-Ranging Expertise: From legal guidance to financial support, our experienced consultants handle every aspect of the setup process.
- Smooth Procedures: We streamline the process for a company formation in 1-2 days with minimal paperwork.
- Strategic Collaborations: We work closely with government bodies and partners to ensure a hassle-free process.
Start Your Business Journey in Dubai Today!
Dubai’s mainland offers an unbeatable environment for businesses to thrive. With over 2,000 business activities and a flexible regulatory framework, you can take full advantage of 100% foreign ownership and a favorable business ecosystem.
Still unsure about mainland company formation in Dubai? Schedule a consultation with Bizinvestfirm today, and let our experts guide you.
