Dubai Mainland license
A Dubai Mainland license is an onshore company allowing entrepreneurs to conduct business activities inside and outside of the UAE. The trade licenses for mainland companies are issued by Dubai’s Department of Economic Development (DED).
You can register a professional license or commercial license in Dubai Mainland. The trade license issued by DED is considered more premium.
To get a company registered in Dubai, it is not mandatory to have a physical office space and Creative Zone’s co-working DED package would be the perfect solution to get you started.
Advantages of a Dubai Mainland License
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.
Business Activities Under Dubai Mainland License
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.
- INDUSTRIAL LICENSE
- COMMERCIAL LICENSE
- PROFESSIONAL LICENSE
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.
Steps in Setting Up a Business in Under Dubai Mainland License
01. CHOOSE YOUR BUSINESS
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.
02. REGISTER THE COMPANY
Select the name of your company. One must select a business name that does match any other companies in Dubai. After getting an approval, register it with DED. The process usually takes 3 days. City.
03. APPLY FOR TRADE LICENSE
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.
04. GET AN OFFICE SPACE
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.
05. PREPARE THE DOCUMENTS
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.
06. COLLECT THE LICENSE
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.
