Mainland company formation in Dubai is one of the most interesting ways for expat to establish their own business. A local company in Dubai offers freedom and benefits unequaled by any other country of the world. Because when you setup a business in Dubai mainland then you are allowed to do business in UAE local market. Mainland company setup is also known as local company incorporation because a mainland business incorporation in Dubai will give you a straight access to all the UAE local market.
Mainland company formation in Dubai is becoming more important since the city won the right to organize Expo2020!
Advantages of having a Local Mainland company:
- No taxes.
- Simple incorporation process.
- Direct access to all the UAE local market.
- Drive the company from any part of the UAE.
- No mandatory of yearly auditing.
- Flexibility to lease an office anywhere.
- Wide range of activities and licenses.
- No limitations getting employment visas.
- Repatriation of capital and profits of 100%.
- Prestige in the eyes of counteragents and partners.
This is a perfect type for professional services companies such as interior design firms, consultancies, accounting companies…
one expatriate owner and one local agent (sponsor/partner)
Local agent – 0%
Expatriate owner – 100%
This type of company is similar to SOLE ESTABLISHMENT, but with more than one expatiate owner.
two or more expatriates and one local agent (sponsor/partner)
Local agent – 0%
Expatriate owners – 100%
This is a perfect fit for a foreign company that wants to have an office in the UAE. Activities are limited to marketing and representing.
foreign company and one local agent (sponsor/partner).
Local Sponsor – 51%
Foreign company – 49%
This type will suit a foreign company who needs to have an office in UAE. Activity is limited to marketing and representing.
foreign company and one local agent.
Local agent – 0%
Foreign company – 100%
This type of company helps to expand the market opportunities of a free zone company.
Free Zone company and one local agent (sponsor/partner)
Local agent – 0%
Free Zone company – 100%
In order to open a company in the UAE, you must find a local partner. The local partner is a citizen of the UAE who will nominally be a co-owner of company.
Relations with the local agent will be regulated by a Memorandum of Association signed and attested in the Court. Usually local agents do not interfere into your company affairs. Their responsibility is to be the representation of the company in such governmental institutions as Ministry of Labor and Immigration (General Directorate of Residency and Foreigners Affairs).
Maybe you do not want a local agent to take even that responsibility. If you do not want this situation you may require a Power of Attorney from him. This power of attorney will enable you to carry out all the relations with such authorities.
It is really important to be careful when choosing a local agent. For example, if he is sponsoring many different companies, and some problems arise in one of them, all the sponsored companies may be blocked causing delays and troubles in your company.
Steps of a company formation in Dubai:
- Trade name reservation
- License applying in the DED
- Getting pre-approval
- Creating the Memorandum of Association
- Memorandum attestation at the public notary
- Office leasing
- Office location approval by the Planning Department
- License invoice payment to the DED
- Getting the license
Minimum capital requirement for a local license: 48,000 AED
What can we do for you:
- Find the right legal form for your company
- Find a reliable local agent
- Prepare the required documents for business setup
- Conduct the formal registration procedure
- Get your license from the DED
- Informational support for you
|PARTICULARS||COMMERCIAL, TRADING OR PROFESSIONAL LICENSE||GENERAL TRADING|
|License & incorporation cost||12000 AED||29000 AED|
|Local agent’s fees||20000 AED||25000 AED|
|Establishment Card||1000 AED||1000 AED|
|12500 AED||12500 AED|
|TOTAL||45500 AED||67500 AED|
Please note: cost is only an approximate amounts may change based on the activity chosen, number of shareholders and size of the office.Balance amount should be adjusted immediately when the additional cost is communicated.
|PARTICULARS||INVESTOR VISA (3 YEARS VALIDITY)||EMPLOYEE VISA (2 YEARS VALIDITY)|
|Government Cost||3000 AED||4000 AED|
|Refundable deposit (Refundable upon cancellation of visa)||10000 AED||3000 AED|
|Visa processing professional fees||1000 AED||1000 AED|
|TOTAL||14000 AED||8000 AED|
Please note: the above government cost is only an approximate amount and any difference in the same should be reimbursed by the client. We do not take any responsibility if the application is rejected. All approvals are subject to discretion by immigration.
We sign a contract and get the power of attorney from you. We prepare all the documents and submit them to the DED.
On 5th or 6th day you must meet the local agent and sign the Memorandum of Association that has to be attested by a notary. After that we collect the remaining documents and submit all them to the governmental authorities.
We monitor all the registration procedure and when everything is ready, we send you the license via e-mail. The license is an electronic PDF document.
Within 10-14 days* your license will be in your hands!
If you need an urgent company formation in Dubai, we offer a fast company formation in 4-5 days.
*Terms and conditions may change depending on your company’s activity.
Some documents have to be approved by relevant ministries and departments and it may take extra 5-7 days.
We do a complete company formation in Dubai process including visas for the owners. You also get complete business support services such as consulting on any issues related to business in the UAE, marketing, web design, etc…
You have to be present only two times during the course. You must be present at the initial stage and at the signing Memorandum with the local agent. The rest of the process will be done by us. To act on your behalf we only need the Power of Attorney.
We need to sign a service agreement and receive service payment from you before starting our work straight away.
Only five simple steps:
- Bring us a description of your business.
- We find the best option, propose it to you and registering it.
- You issue a Power of Attorney for us and pay the fees of service.
- Wait until we finish with all the work.
- Get your license.
It usually takes around 12-14 working days if we don’t have to get any additional approval for your business.
Yes, we can. We can help you to prepare all the necessary documents and go to the bank with you.
In these cases we will return you part of payment. We will hold only the amount that cover the procedures that have been done.
We also offer business support services such as:
- Logo and brand-kit design
- Business events organizing
We will answer your request as soon as possible.