Mainland Company Formation in Dubai

Benefits of Mainland Company Formation in Dubai

 

Mainland company formation in Dubai offers several benefits to investors, including:

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• ​Freedom to operate anywhere in Dubai and the UAE: Mainland companies in Dubai have the freedom to conduct business anywhere in the UAE without any restrictions, making it easier to expand operations and tap into new markets. 

• 100% Ownership: Maintain full control over your company's direction and decision-making.

• Access to a large pool of talent: Dubai is a hub for international talent, offering access to a large pool of skilled and diverse workforce, which can benefit mainland companies.

• Strategic location: Dubai is strategically located at the crossroads of Europe, Asia, and Africa, making it an ideal gateway for businesses looking to reach markets in the Middle East, Africa, and Asia.

• Favorable business environment: Dubai offers a favorable business environment, with a strong commitment to free trade, low tax regime, and high-quality infrastructure, which can help companies to grow and succeed.

• Diverse economy: Dubai has a diversified economy that includes industries such as tourism, trade, finance, and technology, providing mainland companies with opportunities to diversify their operations and reduce business risk.

• Access to government support: Dubai offers a range of government initiatives and support programs for businesses, including investment incentives, tax exemptions, and streamlined administrative processes, which can help mainland companies to succeed and grow.

These are some of the benefits that mainland company formation in Dubai offers to investors. Raes Associates can help clients navigate the process and take advantage of these benefits, ensuring a successful and profitable business in the UAE.

 

Requirements of Company Formation in Dubai Mainland

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To set up a mainland company in Dubai, several requirements must be met, including:

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• Trade License: All businesses operating in Dubai must obtain a trade license from the Department of Economic Development (DED). The type of license required will depend on the nature of the business activities.

• Business Premises: Mainland companies must have physical business premises in Dubai, which can be rented or owned.

• Local Service Agent: All mainland companies must appoint a local service agent, who is a UAE national or a company owned by UAE nationals.

• Minimum Capital Requirement: There is no minimum capital requirement for mainland company formation in Dubai, but investors must ensure they have sufficient funds to cover their business expenses.

• Required Documents: To set up a mainland company in Dubai, investors must provide a range of documents, including passport copies and visa details of the shareholders and directors, a business plan, and proof of business premises.

• Approvals and Permits: Depending on the nature of the business, mainland companies may require additional approvals and permits from government agencies such as the Department of Tourism and Commerce Marketing (DTCM) or Dubai Municipality​

These are some of the main requirements for mainland company formation in Dubai. Raes Associates can assist clients with understanding and meeting these requirements, ensuring a smooth and efficient setup process.

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Mainland Company in Dubai which requires Special Approval

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Certain business activities in Dubai require special approval and licensing from government agencies in addition to the standard requirements for mainland company formation. Some examples of such businesses include:

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• Healthcare: Businesses in the healthcare sector, such as clinics, hospitals, and pharmacies, require special approvals from the Dubai Health Authority (DHA) or the Ministry of Health and Prevention (MOHAP).

• Education: Businesses involved in education and training, such as schools, universities, and training centers, require approvals from the Knowledge and Human Development Authority (KHDA).

• Food and Beverage: Businesses involved in food and beverage production, distribution, and retail, require approvals from Dubai Municipality and the Dubai Central Laboratory.

• Media and Advertising: Businesses involved in media and advertising, such as printing press, TV and radio broadcasting, and digital media, require approvals from the National Media Council (NMC).

• Financial Services: Businesses involved in financial services, such as banks, insurance companies, and investment firms, require approvals from the Central Bank of the UAE and the Dubai Financial Services Authority (DFSA).