Overview
By establishing a mainland company in Dubai, you can operate business not only in
the GCC nations but also in Dubai and the United Arab Emirates. The establishment
of a mainland company also enables you to grow your business through the creation
of new branches, the employment of more personnel, participation in government
projects and bids, and many other advantages.
The types of business entities that can be registered in mainland Dubai include sole
proprietorships, civil corporations, limited liability companies LLC, representative
offices of foreign entities, branches of free zone entities, and branches of entities
located in the United Arab Emirates. The most typical business structure in the local
United Arab Emirates market is a limited liability company (LLC).
Limited Liability Company (LLC) Set Up in Dubai
The most popular and widely used business structure in the UAE mainland is the
Limited Liability Company (LLC). The Department of Economic Development
(DED), the government department in charge of mainland company registration and
activity control, is in charge of providing LLC licenses.
Despite the fact that the new UAE Commercial Companies Law permits the
formation of an LLC company in Dubai with just one shareholder, it is typical for
these businesses to have at least two shareholders. This sort of business structure is
often created with a minimum of two shareholders since it requires international
investors to have a local partner with 51% of the company’s shares for particular
operations. While an LLC business is only permitted 50 stockholders at most.
The first step of starting your business in Dubai is to select the Department of
Economic Development activity that best fits the nature of your company’s
operations. Whether it is professional, commercial, industrial, or handcrafted. The
Department of Economic Development offers more than 2000 possibilities for
commercial activities from which to pick the one for your business. Depending on
the activity of your company, as Limited Liability Companies (LLC) require a
partner who is a citizen of the United Arab Emirates or one of the GCC nations.
Some operations just call for a service agent rather than a partner. Foreign and
reputable businesses demand the hiring of a service representative.
Advantages of Dubai Mainland
How to get an Industrial License in Dubai?
In addition to being an economic center that enjoys a geographical location between
the East and the West and forms a link between them, Dubai offers investors in the
industrial field with the best location to set up their business thanks to the superior
logistical facilities and services and the stable ground that it provides.
Different types of licenses
Commercial license
This category encompasses all trading-related activities. Almost any commodity may be imported or exported to Dubai with an LLC license. Excluding goods like jewelry, periodicals, and newspapers that need permission from other governmental bodies.
Professional license
The professions category includes both services and crafts. The simplest kind of license should just contain professional activities. Due to its low cost and quick processing periods compared to other forms of license issuing, this type is typically preferred by new investors.
Industrial license
The industrial category includes activities that include manufacturing. The factory or warehouse where the license is kept is required. Industrial operations need permission from the Ministry of Economy, Civil Defense, the Municipality, and other authorities.
