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Mainland Company
Formation in Dubai

Dubai Mainland Company Setup

UAE is one of the safest countries in the world. It has a thriving business community that is perhaps the best in the world. Almost all foreign investors or entrepreneurs aim to establish their businesses or, at the very least, a subsidiary in the UAE mainland. It is mainly because of the attractive tax laws and the investor-friendly approach of the government towards the private business industry. Also, according to the new incorporation law, foreign investors or shareholders will get 100% ownership with Mainland Company Formation in Dubai without a local sponsor. Mainland Company set up in Dubai is the dream goal of many aspiring entrepreneurs or investors.

Dubai Mainland License with 100% Foreign Ownership

For a mainland company setup in Dubai, UAE, you should require a valid Dubai mainland license. This license gives the business owner legal permission to start their business anywhere in the Dubai mainland area. According to the New Commercial Company Law (NCCL), passed in 2020, business owners will get 100% ownership. Foreigners can perform commercial/industrial activities with 100% ownership without a local sponsor. But a sole establishment/civil partnership company with professional activities can have 100% ownership with a local sponsor as a local service agent but not mandatory to provide the company shares or managerial powers.

If you are looking for a Dubai mainland business setup, you should require legal aid from a leading business setup consultancy. At Booming Bytes Business Consultancy, we help our clients in this regard. We educate you about the updated governmental policies and guide them on how to fulfill these requirements.

Mainland Company Formation in Dubai

Benefits of Mainland Company Formation in Dubai

  1. 100% foreign ownership
  2. Can take office space anywhere in the emirate
  3. Can do trading activities inside or outside UAE
  4. No minimum capital required
  5. High business opportunities
  6. No restrictions on currency exchange
  7. Fast and quick business setup
  8. High connectivity with easy transportation
  9. Favorable economic policies

How to Start a Company in Dubai Mainland?

For Mainland Company Formation in Dubai, one must have completed a series of steps. They are:

  1. Find a local sponsor as a Local Service Agent (only for a professional license).
  2. Choose the company name and business activity.
  3. Prepare MOAA and LSA agreements.
  4. Get the initial approval from DED.
  5. Find an office space(Physical/virtual).
  6. Apply for a trade license.
  7. Submit the required documents and pay the license fee.
  8. Get the license and start the business.

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Documents Required For Dubai Mainland License

For Individual Shareholder

  1. Copy of Passport, Visa page, Emirates ID, or Tourist visa of Expat Partner
  2. Photographs of the shareholders
  3. Ejari Certificate
  4. Name suggestion (Minimum 3 options)

For Corporate Shareholder

  1. The corporate shareholding company must be an LLC company or a Partnership Company.
  2. Attested Certificate of Incorporation/Trade License of the shareholding company or parent company.
  3. Copy of MOAA of the parent company
  4. Power of Attorney to the Manager
  5. If the corporate shareholder is a UAE Free Zone company, a No Objection Certificate from the Free Zone is required
  6. An Attested Board of Resolution from the Parent Company is required.
It seems daunting and impossible for foreign entrepreneurs or investors to complete the procedures. But it will be simple when accomplished with a bit of professional help. Booming Bytes Business Consultancy is the perfect solution in this regard. The company has experienced and professional consultants who specialize in various aspects of business setup.

Requirements to Start a Mainland Company in Dubai

  1. An investor should either acquire a professional license or a commercial license.
  2. A minimum of one director should be there.
  3. Words like Dubai, and UAE, and words that contain religious implications must be avoided.
  4. The physical presence of the investor or the shareholder in the UAE is mandatory at the time of initial approval.
Why Booming Bytes?

Firstly, Booming Bytes Business consultancy helps the client in regards to Mainland business setup in Dubai. We do that by fulfilling the requirements for getting a business license. This business license can be a professional license, commercial license, or industrial license depending upon the type of business being conducted. This license is issued by the Department of Economic Development (DED). It then facilitates the legal establishment of a structure of investors and directors for the company which follows the guidelines presented by the Government.

With the help of these experts, even an amateur can delve into the dense economic market of the UAE with a Dubai mainland License. Business Setup in Dubai Mainland is attractive due to many reasons. This includes the lack of trade restrictions, lax tax laws, access to lucrative government contracts, an environment that promotes business growth, and much more. Dubai Mainland business setup can be made much easier and streamlined with the services provided by Booming Bytes Business Consultancy.

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