Get a Simple Mainland Company Formation in Dubai
How to Form A Company in Dubai Mainland?
What type of trade license the Mainland Company in Dubai can have?
1. Commercial license
The Commercial license is the most common trade license in Dubai, it includes all kinds of commercial activities, it can also include some professional activities, if approved by the Dubai Economic Department, the activities must be linked to each other, most investors choose the general trading activity, this allows them to practice multiple direct trading activities in one license, and enables them to import and export almost any product to Dubai, except trading of some products which requires approvals from other government departments such as jewelry, magazines and newspapers trading, the legal form can be sole establishment for locals and GCC nationals or LLC.
2. Professional license
3. Industrial license
4. Tourism license
What are the legal forms of a Dubai Mainland Company?
1. Sole Establishment:
2. One Person Company (LLC):
3. Civil Company:
4. Limited Liability Company (LLC):
The Limited Liability Company is the most common legal form in Dubai due to the various option of trading activity it provides. LLC is licensed to carry out industrial, commercial, professional and even tourism activities in Dubai. LLC must have between 2-50 shareholders. 51% share volume of a Limited Liability Company should mandatorily be owned by local sponsors or partners who are UAE nationals. The shareholder’s liability is limited to their extent of share in the company’s capital although investors retain maximum legal ownership of LLC in Dubai, LLCs can practice any industrial, commercial, professional or tourism activity.
5. Branch of a Foreign Company:
Many foreign organizations seek to open branch offices in Dubai because of its numerous trade benefits. A branch of a foreign company can practice professional activities including some commercial and industrial activities with a special permit from the Ministry of Economy. The company branch basically provide a branding service for the parent company and can also be involved in the provision of service and products in Dubai. The branch company must operate under the name of the parent company and provide the same services as the parent company. Foreign companies require the service of a local agent for the formation of a branch office in Dubai. The Local Agent will liaise with the government for the issuance of trade licenses and labor permits.
Benefits of A Branch Company:
6. Representative Office:
Foreign companies establish representative offices in Dubai for the sole purpose of promoting their activities. A representative office is not a business structure in its own, but rather a business activity that a foreign branch can conduct in the promotion of its products and services. A Local Service Agent is required in the formation of the representative office in Dubai. The contracted Local Service Agents represents the company in liaising with the government for obtaining licenses. Dubai government offers a 100% foreign ownership of this type of establishment. Foreign investors do not require local sponsor or partners in the formation of a representative office in Dubai.
Representative offices in Dubai are allowed to carry out commercial activities of the parent company only after due registrations and permit issuance from the following government authorities;
Representative office formation in Dubai requires serious paper works and important decision-making processes. With our full support and assistance, your representative office will be up and running in no time. Our many years of experience in Dubai mainland business setup will help us provide you with the best representative office setup strategy.