Dubai mainland is one of the most preferred business locations among entrepreneurs across the world. Mainland means businesses that are setup in the region that have various conveniences. Dubai mainland company formation offers closet proximity and added convenience to the commercial entity.
Business setup in Dubai mainland is regulated by the Department of Economic Development (DED). Dubai Mainland is a geological designated area by the DED. All the businesses conduct commercial activities under the given authority and permissions of the DED in Dubai Mainland.
Dubai mainland license is a government document that permits you to conduct businesses in the region. The Department of Economic Development (DED) is a government body trusted to license businesses in Dubai. Commercial entities planning on Dubai mainland company setup apply for a trade license with the DED. There are several documentations, rules and regulations involved in the process of licensing, that may involve other legislative authorities as well. Dubai mainland license cost depends on the type of business activity you are going to conduct.
Commercial License for Trading Businesses
Professional License for Service Businesses
Industrial License for Manufacturing Industries
Tourism License for Tours Businesses
In some types of business, Dubai Mainland can be used as the only option that can make the business proceeding effective.
The “Commercial Companies Law” denoted by the Federal Law No.18 of 1988 and its by-law few mandatory measures need to be followed for mainland company formation in Dubai.
One of such provision says that foreign investor have to partner with a UAE national. As per the law 51% of shares must be held by the local partner. With an additional agreement made between the local partner and the foreign investor 100% rights and control are given to the foreign investor.
To know more about mainland company formation in Dubai or any other type of business setup contact DBS today!
DBS is a leading business setup consultancy and offers solutions for easy mainland company formations in Dubai.
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