Get a Simple Mainland Company Formation in Dubai
How to Form A Company in Dubai Mainland?
Mainland company formation in Dubai is a stepwise project that includes;
At the onset of the formation of a mainland company in Dubai, a company legal form is selected. This determines the structure of the company and the type of commercial activity they can be involved in, the economic department in Dubai (DED) has over 2000 available activities.
What type of license the Mainland Company in Dubai can have?
1. Commercial license
The Commercial license is the most common license type 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, LLC, branch of foreign or free zone company.
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 sleeping partners who are UAE or GCC nationals. Every 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:
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 product and services. Local Service Agents are 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;