Dubai Mainland Company Formation

• Office space – mainland business is accomplished in the country. Offshore and free zone business entities have to operate in geographical locations.
• Business anywhere in UAE – no restrictions to carry the business endeavour in any place of UAE.
• Preferred geographical location – Dubai or (the UAE) is the gateway of the middle east. It has scope for business diversification in GCC countries.
• Exemption of corporate tax – Dubai mainland companies benefit from corporate tax exemptions.
• Exemptions of income tax – Dubai mainland companies are exempt from income tax.
• Capital incentives – as the pro-business government, UAE has incentives and concessions for investors. No minimum capital prerequisite is needed to set up a business in the UAE.
• No restrictions in currency exchange – mainland companies of UAE are not subject to currency exchange regulations.
• Enhanced business opportunity – you have international exposure if starting your business in the UAE mainland. Broaden your reach with international markets and clients. Also, leverage the mainland’s international exposure to diversify your business.
• Professional business ethos – has consideration for business enterprises of all kinds. A professional work culture environment keeps Dubai the favourite place for startups, seasoned professionals and entrepreneurs.
• Hassle-free business – mainland business set the formalities to easily accomplish the mentioned guidelines that gets issued by governmental agencies and License issuance authorities. The professional guidance and assistance from Dubai business consultants can help you accomplish a complete company incorporation meeting the required formalities of the UAE’s mainland with ease.

• Memorandum of Association: This indicates the operational guidelines, like sharing details, purpose, and capital involved.
• DED Approval: It performs the MOA notarization and issues the initial approval. Contact a business consultant to do it with formality.
• Registering Trade Name: Get a suitable trade name for the business to register with DED.
• Office Space: It is mandatory for setting up mainland businesses in the UAE and Dubai. The registered office can obtain a trade license.
• Apply for a Trade License: Get a trade license if the prerequisites are satisfied.
• License Fee Payment: All documents are submitted for the company's incorporation to DED and the Commercial Registration Department by paying the license fee.
• Get a Trade License: The trade license can be obtained from DED. The procedures for company registration can be accomplished within a week.

Based on the type of shareholder, the needs of documents differ. A specific group of documents is required by the individual shareholders. While corporate shareholders need another set. All the requirements are listed below:

Documents of Individual Shareholder

• The passport copies of directors, foreign shareholders, and managers have to be submitted.
• When the shareholder is on an employment visa, then the employer’s NOC is applicable.
• Copy of UAE’s shareholder national ID card.

Previously, the company formation regulations required the support of a local Emirate sponsor to start a business in the UAE. It was an uphill task to get a reliable sponsor. The risk here was that the sponsor holds 51% of the company's shares, and all official documents must be addressed to him. But the country’s decision on the removal of mandatory needs brings a quantum leap in the arrival of expatriate business persons. This strengthens the business sectors as well as the UAE's economy.

A corporate sponsor is required by mainland LLC companies. The corporate sponsor works on behalf of an individual sponsor. The corporate sponsor should have the corporate company owned by United Arab Emirates nationals.

You can apply for the commercial license after obtaining the initial approval of the Ministry of Economy. DED carries out the license issuance, and the validity is up to 1 year.

• Get a suitable office space for the branch, then confirm the location.
• Obtain a corporate bank account.
• Employee-related formalities such as visas and labour cards must be accomplished.
• Get your membership from the Dubai Chamber of Commerce and Industry.

• Proof of trade name registration
• Registration forms
• Certificate of Incorporation from the parent company
• Parent company’s Memorandum and Articles of Association
• Director’s passport copy
• NOC of parent company
• Board resolution of the parent company
• Naturalisation book and passport
• Power of Attorney
• Authorization of the management from the parent company

• Get an initial approval from MOE
• The parent company must issue the statement that defines the branch’s business undertakings
• Last two years audited financial statement from parent’s company
• A copy of the property lease contract
• Copy of initial approval documents

• Get the MOA with the operational guidelines of the company, such as share details, purpose, and capital involved.
• Get initial approval from DED. It performs the notarization of the memorandum of association and obtains the initial approval. Get the help of a business consultant to obtain the approval.
• Register a suitable trade name for your business with the DED. They can change or discard the name if previously chosen by the company.
• You need office space to set up a mainland business in the UAE or Dubai. It requires the issuance of a trade license.
• Information related to a tenancy or ownership agreement must be produced.
• If the aforementioned prerequisites are met, you can apply for the trade license.
• DED issues the mainland license in the UAE.
• You must submit all required documents to the DED and the Commercial Registration Department and also pay the license fees.
• Obtain your trade license from DED. The procedures for company registration will be completed in a week if all formalities are done.
• Get the guidance of a professional business consultant if you’re new to the UAE or Dubai.
• At Black Swan Business Setup Services, we assist you with the tasks related to the main business formation in the UAE and Dubai.