A registration with Department of Economic Development who issues Dubai Business license will pave way for Mainland Business setup activities. Almost all types of Business activities are being operated in UAE Mainland which is registered directly under emirates government that includes own boundaries of geographical areas that are commercialized. A license received from DED will not limit you to one particular area for the business setting up and you can easily and freely build your business in any area of UAE. A UAE national should sponsor you to start a business in Mainland of UAE provided with a power of attorney for not sharing the profit or operational involvement with your business. In case of a professional organization, 100% ownership for the investor is guaranteed, but requires a local service agent.
- Business activity can be easily operated from any location of UAE
- Easy legal formalities for seeking registration and license
- Achieving office premises, infrastructure and HR services is a smooth process
- Annual audit is not mandatory
- Free of tax
- Office rental is negotiable
- Employment visas are easily available
The procedures and formalities to form a business setup in UAE are as follows:
- Choose a Business Activity
Wide range of business activities are available in Dubai that can be categorized into various classes and groups. If you cannot find your choice of business activity from the list of activities, you can contact Morison Menon group with your activity description and we will soon contact you and after the careful examination, DED can create your choice of business activity.
- Choose a legal business form
Legal business form is nothing but a write up or description about the type of your business activity you are trying to start in Main land. It’s not a type of form to fill, but always consider type of business, nationality and number of owners and options for ownership.
- Choose a business trade name
Guidelines to follow while selecting a trade name for your business are:
- Pay for your Trade name
- 60 days validity for Trade Name Certificate
- Only once renewal can be done
- Renewal of Trade Name Certificate that is already expired is not allowed
- Initial approval certificate application
Initial approval certificate should be applied in order to get a no objection document certificate for initiating a business of your choice and getting a licens
e for it.
Application can be given for organization’s legal form given below:
- Civil organization
- Individual establishment
- Limited liability organization
- Partnership organization
- Memorandum of Association and Local Service Agreement, if needed
Depending on the above legal form of organization, you have to sign MOA and in some cases LSA to be signed with a UAE national with regarding the license and compliance.
Sign a MOA if legal form of your business is:
- Public shareholding organization
- Simple limited partnership
- Civil organization
- Limited liability organization
- Partnership organization
- Business location establishment
Before confirming the physical address of business, Dubai Municipality Planning Section should confirm the properties suitability and availability and also the health and safety issues. As long as the existing business space is more than 500sq. ft, new business can be added to same site with the existing one.
- Receive Licensing Approvals wherever necessary
Special licensing approvals by government departments are quite mandatory for some business activities. For instance, to start a hospital, you not only require license from DED but also from Dubai Health Authority
- Business license collection
Once you have completedall the procedures and after the submission of required documents to DED, you will receive the license within 1–7 business days and payment voucher will be issued after submitting the documents.