MainLand Licence

Mainland License in Dubai, UAE

pages.mainland.Alghaf_specializes_in business setup services and provides all-around assistance to businesses of all kinds. At Alghaf, you will find a team of professional business consultants with more than 15 + years of experience. Hence, they can guide you throughout the process of obtaining a Mainland License in Dubai, UAE

Introduction to Dubai’s Mainland Business Scene

The city of Dubai has seen rapid economic growth over the years, and today it ranks fifth among the top 10 cities in the world. The city has grown exponentially in recent years. It is easy to see why starting a business in Dubai mainland is an attractive proposition for investors and entrepreneurs. The city is investor-friendly, and government rules and regulations allow easy and quick mainland company set up in Dubai.

Since June 2021, the UAE government has allowed 100 % foreign ownership in commercial LLC companies in Dubai mainland. The new amendment will not require a foreign investor to take an Emirati national as a business partner with 51 % shareholding in the company.

Benefits of starting a business in Dubai

High economic growth

Emirate posted a growth of 1.9% GDP compared to -6.1 % in 2020. The forecasts for Dubai are 4% for the next year, which makes it a promising business destination. With the resumption of global travel after the pandemic, Dubai is back again as a Tourism Hub. The much-publicized Dubai Expo 2020, a six-month event, has boosted new business opportunities in many sectors.

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Availability of workforce

Dubai wins hands down with its liberal and cost-effective labour laws, desirable working location, and affordable and easy to recruit employees from almost anywhere in the world. With 90% of the workforce in Dubai being expatriates, the ease of entering and exiting the city makes it viable for entrepreneurs to hire expatriate workers.

Location, infrastructure, and goodwill

The strategic location, business reputation, and infrastructure of Dubai make it an ideal place to operate any commercial venture. It is a straightforward place to attract new business and grow. Dubai is located at the heart of global businesses. It has unrivalled access to West Asia which has 1.5 billion strong consumer markets, neighbouring Middle Eastern countries.

Low entry barrier

The government business policies are amiable and investor-friendly. The UAE government places long-term business economic stability at the heart of its plan. It has the state of art infrastructure designed to support SMEs and start-ups to obtain trade license dubai . It also incentivizes new investments with its liberal foreign exchange controls and allows foreign investors to repatriate 100 % of their profits in any currency.

Taxation

Except for the banking and oil sector, corporate tax for companies in Dubai remains nil, offering an unrivalled competitive advantage when trading with the rest of the world.

Document required for Dubai Mainland Company Formation

  • Completed application with the correct type of business name and category
  • Passport copies of owners
  • Local Sponsor agreement
  • DED approval letter for company name
  • DED attestation letter approving business setup
  • Tenancy agreement for office space
  • Shareholder’s complete details and their passport copies

Different categories of mainland license in Dubai

Commercial License

A company that is a sole proprietorship or a Limited Liability Company (LLC) and dealing in goods and commodities are eligible for commercial license. For example, Retail, trading, healthcare, Rental Transportation, etc., require a commercial license.

Industrial License

A business setup involving industrial or manufacturing activity requires an industrial license.

Professional License

The Department of Economic Development (DED) issues professional licenses to people capable of providing professional service in their area of expertise. Professionals like teachers, lawyers, Chartered Accountants, Doctors, and consultants come under the professional services category.

About Alghaf Golden Business Group

We at Alghaf offer expert and reliable services for setting up a mainland company in Dubai. We have proven expertise to assist your business. Our turnkey of services has been tailored to meet individual needs with precision.