DUBAI MAINLAND COMPANY FORMATION
Dubai mainland company formation refers to the process of setting up a business in the mainland area of Dubai, which is governed by the Dubai Economic Department (DED). This type of company formation is a popular choice for businesses that want to operate in the local market and have access to a wider range of business activities. When choosing the best place to open a business in Dubai mainland, it’s important to consider factors such as location, accessibility, and cost to ensure that you find the right fit for your business needs.
Hassle-free and affordable company setup solutions for new companies in Dubai Mainland
There has never been a better time to setup a Mainland company in Dubai. The UAE government’s new company laws, flexible regulatory procedures, quick timelines, and easy approval processes have made the Mainland License a favorite choice amongst the region’s start-up community and investors. According to the new FDI laws, one does not need a local sponsor to launch their company, denoting expats can now own 100% of the onshore company.
Advantage Of Dubai Mainland Company Formation
- Access to a wider range of business activities: Companies formed in Dubai mainland have access to a wider range of business activities, including trading, manufacturing, and services.
- No restrictions on the location of business: Unlike free zones, companies formed in Dubai mainland can operate anywhere in the UAE, giving them greater flexibility in terms of location.
- No restrictions on the number of visas: Companies formed in Dubai mainland can apply for as many visas as required, subject to meeting the relevant criteria.
- No minimum capital requirement: There is no minimum capital requirement for companies formed in Dubai mainland, making it easier and more cost-effective to start a business.
- Tax Benefits: While Dubai does not impose corporate or personal income tax, there are specific taxes, such as the Value Added Tax (VAT), that may apply. However, the absence of corporate income tax is a significant advantage for businesses operating in Dubai mainland.
- Access to local market: Companies formed in Dubai mainland have access to the local market and can trade with other companies in the UAE.
How To Start a Company In Dubai Mainland
Choose A Business Activity
Choose A Legal Structure
Choose A Trade Name
Obtain Initial Approval
Draft the Memorandum of Association
Obtain A Business License
Register for VAT
Register For Social Security
Get Additional Approvals
Best Places to Open a Business in Dubai
When it comes to choosing the best place to open a business in Dubai mainland, there are several factors to consider, including location, accessibility, and cost. Here are some of the best places to open a business in Dubai mainland
Dubai Downtown
This area is located in the heart of Dubai and this iconic district is known for its world-famous landmarks, including the Burj Khalifa and Dubai Mall and it is home to many multinational companies, making it an ideal location for businesses that want to be in the center of the action.
Sheikh Zayed Road
Running through the heart of Dubai, Sheikh Zayed Road is a prime commercial area. It offers excellent visibility and accessibility, making it a preferred choice for businesses across various industries.
Business Bay
Located near Downtown Dubai, Business Bay is a rapidly developing business district. It provides a mix of commercial and residential spaces, attracting companies from diverse sectors.
Dubai Marina
Situated along the waterfront, Dubai Marina is a vibrant district that offers a mix of residential, commercial, and leisure spaces. It is an excellent location for businesses in the hospitality, tourism, and retail sectors
Jumeirah Lake Towers
JLT is a sought-after business and residential community known for its modern infrastructure and numerous commercial towers. It is a popular choice for businesses in the finance, IT, and consulting sectors.
Al Barsha
Located close to Dubai's key attractions, Al Barsha is a well-established commercial and residential area. It offers a range of retail, dining, and office spaces, making it suitable for various businesses.
Dubai International Financial Centre
DIFC is a financial hub that offers a range of services to businesses, including legal and regulatory support, making it an ideal location for financial and professional services companies.
Dubai Silicon Oasis
This area is home to many technology companies and offers a range of incentives and support services to businesses, making it an ideal location for startups and tech companies.
Dubai World Trade Centre
DWTC is a business hub that hosts many international exhibitions and conferences, making it an ideal location for businesses that want to network and showcase their products and services.
License type and Business Activity under Dubai mainland
Industrial License
Commercial License
Professional License
Tourism License
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Frequently Asked Questions (FAQ)
A Dubai mainland company is a business entity that is registered and operates within the boundaries of the Dubai mainland, as opposed to free zones or offshore areas.
The procedure for setting up a mainland company in Dubai involves several steps such as obtaining initial approval, selecting a legal structure, registering the trade name, drafting the Memorandum of Association (MOA), obtaining necessary approvals and licenses, and finally, registering with the Department of Economic Development (DED).
Foreign individuals or companies can own 100% of a mainland company in Dubai by setting up a professional or industrial license through specific legal structures, such as a civil company or a limited liability company (LLC) with corporate shareholders.
The legal structures available for mainland companies in Dubai include a sole establishment (only applicable to UAE nationals), civil company (partnership between UAE nationals and expatriates), limited liability company (LLC), branch office, representative office, and private joint-stock company.
The time required to set up a mainland company in Dubai can vary depending on factors such as the complexity of the business activity, obtaining necessary approvals, and completing the documentation. On average, it can take anywhere from a 1 day to a few weeks.
The minimum capital requirement for a mainland company depends on the business activity and legal structure chosen. For instance, an LLC typically requires a minimum capital of AED 100,000, while professional licenses usually do not have a specific minimum capital requirement.
The cost of setting up a mainland company in Dubai can vary between AED 10,000 – AED 35,000 depending on various factors such as the legal structure chosen, the size of the company, the business activity, and the professional fees associated with consulting and support services.
Yes, you can apply for a mainland company setup in Dubai remotely, without physically visiting Dubai. Contact Just Probiz Documents Clearing services for professional business setup and we can guide you through the process and handle the documentation and submission on your behalf.
Yes, it is possible to change the business activity after the mainland company formation process. This can be done through a formal amendment process, which involves updating the company’s MOA, obtaining necessary approvals, and ensuring compliance with the regulations and requirements related to the new business activity.
The tax rate is set at 9%, which applies to all mainland companies with a taxable profit of more than AED 375,000. However, not all companies have to adhere to this policy. There are many exemptions from the corporate tax. These mainly include small businesses, free zone companies, and government entities.
Yes, you can have multiple business activities under one mainland company. The business activities should be listed in the company’s MOA and authorized by the licensing authorities. It is important to ensure that the activities are compatible and within the legal framework.