+971-555683780
+971-555683780
Business setup in Mainland offers huge opportunities for Entrepreneurs. A Mainland License, also referred to as an Onshore License, gives people the opportunity to run their business inside and outside UAE without any limitations. The Department of Economic Development (DED) is the Regulatory Authority for issuing Mainland Licenses in the UAE. According to new regulation, a Local Sponsor is no longer needed to get a Mainland License. Instead, Foreign Investors can now start a Mainland Business with 100% ownership. According to Dubai Economy, there are more than 1,000 Commercial and Industrial activities included in the list of 100% Foreign Ownership.
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- 100% foreign ownership.
- Registration process is simple and prompt.
- Ability to conduct a wide range of Business activities.
- Option to trade anywhere inside and outside UAE.
- Physical office can be set up anywhere in the UAE Mainland.
- Issuing visas does not have any number limit.
- Easy processing of Employment Visa.
- Lesser Nationality restrictions in for ownership and visas.
- Corporate Bank Account can be easily opened.
- Advantage to Bid on Government Projects.
- Annual Audits are not mandatory.
The first thing to decide before you set up a Mainland Company, is the Industry and Business Activity in which you will trade. There are thousands of permitted Business Activities as listed by the Department of Economic Development (DED). Our team of Company Formation Specialists will ensure you to choose the right business activity. We advise you on the most economical and suitable options.
Depending on your Business Activity, you must choose a Company Structure. Popular Company Structures are Sole Establishment and Limited Liability Company (LLC).
Our team of Experts can secure the Company Trade Name availability and registration. If the Company name is not available, we will advise you on suitable alternatives.
An Initial Approval Certificate that records the type of business, activities and partners is granted by DED. It indicates that the Government has no objection in issuing a License as per the submitted Proposal.
Businesses must have a Physical Location or Address. We help in finding the appropriate Company Office Space and drafting the Tenancy Agreement with the Landlord and have it registered by an “Ejari”.
We will help you in drafting a MOA which must be signed by all the partners. Some Businesses require a UAE National to be involved, and represent your company on Licensing and compliance matters with the Govt. In such a case, you must sign a Local Service Agent (LSA) Agreement.
You will be issued a Payment Voucher and must pay for the License within 30 days of receiving it. Once payment is done at the same time License is issued.