How to Do Mainland Company Formation in Dubai
A mainland
company formation in dubai offers flexibility and growth. A mainland
company can be operational within the local UAE market and is free to take any
government-related contracts. In this article, we shall illustrate the steps
that are usually involved during mainland
company formation in dubai, and how to do it.
1.
Choosing the right business activity
First is selecting the kind of business
operation you wish to undertake; DED has everything from retail and hospitality
to consultancy and manufacturing. This is very crucial because it will determine
which license you require.
2.
Registering a Trade Name
Now, you should identify a trade name for
your business. The trade name should be unique and apt for the kind of business
activity you will be undertaking. The DED has a guideline on naming, and the
trade name should be registered for approval.
3.
Obtaining Required Licenses
Mainland
company formation in dubai need to get a
commercial license, which has to be availed of from the DED. Depending on the activates,
you might need permits or approvals from certain government departments or
regulatory bodies.
4.
Local Sponsor
A local Emirati sponsor is required for
most mainland business operations and will also own a 51% share of the company,
a legal condition, though the partnership terms can be flexible.
5.
Procuring Office Premises
To complete your mainland company formation in dubai, you will need to obtain a
physical office space. Many business districts in Dubai have ideal office
solutions.
6.
Finalizing Visa Process
Once your company is registered, you can
apply for a visa for yourself and your employees. This will include a residency
visa. A residency visa will enable you and your employees to live and work in
the UAE.
By following this course of action, you will
truly be able to set up a mainland
company formation in dubai and unlock all business opportunities.
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