Expand your business in UAE. Your gateway to limitless opportunities is your mainland license in Dubai. It lets companies operate directly in UAE market. The access to government contracts is provided by it. Not to mention, it offers the exposure to local clients.
Set up a new business. Restructure an existing one. All with a mainland license Dubai. In this article, we share all the major and important pointers on this topic.
Importance of a Mainland License in Dubai
A mainland license in Dubai is an avenue to many business prospects. With it, companies expand their operations locally and internationally. We have taken it upon ourselves to share in this piece why it’s so important.
Unlimited Business Activities
Business operations are somewhat restricted in free zones. A mainland license Dubai offers flexibility. Companies can engage in almost any kind of business activity. No matter, if it’s trading, real estate or hospitality. These are the main features of carrying your business in the area.
- No restrictions on business activities
- Freedom to choose your business sector
- Easier to diversify as your company grows
Strategic Location Advantages
Every business strategist is inclined to agree Dubai’s location makes all the difference. That’s what makes it the ideal place for businesses to get access to markets. And not just any markets at that. These are the ones that connect with MENA and South Asia.
With a mainland license, you’re not confined to a free zone. But you can take full advantage of this strategic position. There are many benefits for you in this regard.
- Access to regional and global markets
- Central location for global trade routes
- Perfect for logistics and shipping businesses
Access to Local Markets
A mainland license Dubai allows businesses to tap into UAE’s local market. This is important for companies. Particularly the ones that want to work directly with clients and customers across the country. Getting this said access comes with its own assortment of perks.
- Ability to work with government contracts
- No restrictions on working with local clients
- Freedom to trade anywhere in the UAE
Flexibility in Office Location
Free zones restrict you to specific geographic areas. Instead, businesses with a mainland license can set up offices anywhere in the UAE. If you want to open a branch in Abu Dhabi or Sharjah, go for it.
Freedom to Trade Anywhere in the UAE
Trading and operating your business across UAE is perhaps the biggest perk of having a mainland license. That too without encountering any restrictions.
Your business is free to operate across the entire UAE. This is one of the major advantages over free zone licenses.
Types of Mainland Licenses in Dubai
It’s necessary to select the right type of mainland license. Different licenses cater to different business activities. Each type of license offers a customized way to operate your business. It varies with your sector and activities. Be it trading, providing consultancy services or manufacturing goods, choosing the right license simplifies your operations.
Commercial License
This type of license is for businesses dealing in trade of goods and services.
Professional License
This license type is suitable for professionals offering their specialized services. It allows them to provide their services legally in the country.
Industrial License
For companies engaged in manufacturing or industry, this is the appropriate license type.
Tourism License
Businesses in the travel, tourism, and hospitality industry will require this license.
Eligibility Criteria for Obtaining a Mainland License
You’ve decided to apply for a mainland license in Dubai. There are various eligibility requirements. You’ll need to meet them. These are what you should keep in mind.
Who Can Apply?
UAE nationals and foreign investors can apply for a mainland license. This makes it accessible to a broad range of business owners looking to enter the UAE market.
Legal Structure Requirements
Your company’s legal structure is important when you are applying for a mainland license Dubai. These are some common structures accepted.
- Limited Liability Company – LLC
- Sole Establishment
- Branch of a Foreign Company
Each structure comes with its own set of rules and benefits. Most businesses opt for an LLC. Because it offers limited liability. It also allows for complete foreign ownership in many sectors.
Capital Requirements
Businesses applying for a mainland license have to meet certain capital requirements. This is usually affected by two major elements. Namely, your type of business and the industry it operates in.
- Some sectors have set minimum capital requirements
- Other industries may require higher capital investments
Consult with your legal advisor. They will assist you with understanding what capital requirements apply to your business.
Local Sponsor Requirement Explained
In the past, foreign investors required a local sponsor to hold 51% of their company shares. With the recent changes in business ownership laws, many sectors now allow for 100% foreign ownership. Still, legal expertise are important. They will determine if your sector still requires a local sponsor.
Step-by-Step Guide to Obtaining a Mainland License
Obtaining a mainland license in Dubai involves several key steps. We break it down to explain the process in an easier manner. It hopefully answers the burning question of how can I get a mainland license in Dubai? too.
Initial Approval Process
The first step is to apply for initial approval. This ensures that your business activities comply with Dubai’s regulations.
- Submit application forms to the Department of Economic Development – DED
- Provide identification documents and passport copies
- Get the go-ahead to move forward with the process
Trade Name Registration
You have gotten initial approval. Now it’s time to get your trade name registered. This step ensures that your business name is not taken. It also makes sure you are complying with local laws.
| Requirement | Details |
| Original Trade Name | Name must not be in use |
| Compliance with UAE Laws | No offensive or misleading names |
| Language Requirements | Arabic or English are preferred |
Drafting the Memorandum of Association (MOA)
Next, you’ll need to draft MOA. Roles and responsibilities of your company’s shareholders will be outlined in this document.
Office Space Requirement
To complete your mainland license application, you need to secure an office space. Your business activities will impact the size and type of space required.
Submission of Required Documents
The time to gather and submit all your required documents has arrived. The paperwork might consist of
- your MOA
- trade name registration
- office lease agreements
Now that all the documents are submitted and approved, congratulations. You now have your mainland license in Dubai.
Conclusion
Unrivaled opportunities are presented to businesses when they have mainland license Dubai. Their growth and expansion in the country is supported. The right license will open doors. Its benefits are undeniable. Start your business with affordable mainland license Dubai cost.
Make the most out of these advantages. Get your license to set up shop in UAE. Contact Connect Business Center for our services.
P.O. Box: 58526, Sheikh Zayed Road, City tower-2 9th Floor, Dubai, UAE
