How to Open Dubai Mainland Company

Posted by Jenna on August 22nd, 2019

Mainland company formation in Dubai with Department of Economic Development (DED) allows you to do trading and provide services in all over the city and other states in United Arab Emirates.

Our business setup organization can make it simpler for entrepreneurs to set up their business in the city. The UAE’s economy and business condition gives the correct blend of framework and administrations to match winning global measures.

This makes the nation a famous choice for investors from all over the world. To benefit as much as possible from what Dubai, UAE brings to the table, the main step for organizations is to know the guidelines on the most proficient method to open a business in Dubai.

UAE hosts individuals from more than 190 unique countries over the globe, making the area main worldwide business center. The legislature has implemented new rules and regulations to make Dubai easy for businesses.

The administration has effectively setup business framework whereby every business partners with different departments for getting approval like Department of Economic Development (DED), Security Industry Regulatory Agency (SIRA), National Media Council (NMC), Dubai Municipality (DM), Roads and Transport Authority (RTA), National Transport Authority (NTA), Department of Tourism and Commerce Marketing (DTCM), Dubai Health Authority (DHA), Ministry of Health (MOH), Knowledge and Human Development Authority (KHDA) and more.

Benefits of Dubai Mainland Company Formation:

  1. Opportunity to trade across Dubai and in the UAE.
  2. Trading nationally and internationally with no restrictions.
  3. Growing your business with unlimited number of visas (depends on office size).
  4. Dubai mainland license issued by DED offers faster and smoother administrative process.
  5. Ability to bid and deal with UAE government tenders.
  6. Mainland companies don’t require any minimum capital.
  7. Wide range of business activities options.
  8. Office space is not limited to any specific area.
  9. No requirement for yearly audit.
  10. Simple and easy registration process.

Cost of Department of Economic Development (DED) License:

Commercial License LLC (Local Sponsor and One Expat) (Dubai)

Sr. no. Fee Fee Type Amount (AED) Remarks
  License and Local Sponsor Fee      
1 Initial Approval + Tasheel Fee Government Fee 360 One time
2 Trade Name Certificate Government Fee 760 One time
3 MOA Typing Legal Office Fee 500 One time
4 MOA Agreement Notarization Government Fee 1800 Approx. One time
5 Local Sponsor Fee Sponsor 8000 Onwards Yearly
6 License Fee Government Fee 8000 Approx. Yearly time
7 Final Submission Government Fee 116 One time
  Additional Government Fee      
1 Market Fees* Government Fee 2.5% Yearly
2 Foreign Trade Name** Government Fee 2000 Yearly

Professional License (Sole Proprietorship) (Dubai)

Sr. no. Fee Fee Type Amount (AED) Remarks
  License and Local Sponsor Fee      
1 Initial Approval + Tasheel Fee Government Fee 360 One time
2 Trade Name Certificate Government Fee 760 One time
3 Local Service Agreement typing Legal Office Fee 500 One time
4 LSA Notarization Government Fee 1800 Approx. One time
5 Local Sponsor Fee Sponsor 8000 Onwards Yearly
6 License Fee Government Fee 6000 Approx. Yearly time
7 Final Submission Government Fee 116 One time
  Additional Government Fee      
1 Market Fees* Government Fee 2.5% Yearly
2 Foreign Trade Name** Government Fee 2000 Yearly

*Market Fee is the charge for Dubai Municipality which is calculated on Annual Rent of office/ shop. This fee needs to be paid at the time of final license payment with DED fees. Previously it was 5% of annual rent, now Municipality has reduced the fee to 2.5%. For warehouse, market fee is 20%.

**Foreign Trade name fee is charged if company name is selected in other language than Arabic. If Arabic name is selected then there will not be any extra charge.

Please note, these costs may vary depending on the business activities, legal types, external approvals and the number of shareholders in the license.

If you want to know how to setup business in Dubai or in any other Emirates, Contact us by filling the form in the right sidebar and our experienced staff can help you in complete process.

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Jenna

About the Author

Jenna
Joined: August 22nd, 2019
Articles Posted: 2

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