Starting a business in the UAE can be an exciting and rewarding opportunity, with a stable business environment and a strategic location that serves as a gateway to the Middle East, South Africa, and Asia. Confused as to how to go about it? We, at Hashtag Startup, will guide you from start to end with mainland company registration in UAE.
Mainland business refers to a company that is registered and operates within one of the seven emirates that make up the UAE, as opposed to being located in an economic zone or free trade zone. Mainland businesses in Dubai are overlooked by the federal government of the UAE and are registered under the Department of Economic Development (DED). They are subject to the same laws and regulations as any other business within the company including all the tax and labour laws. Starting a mainland business in the UAE requires obtaining a local sponsor, who is typically a UAE national or a company that is fully owned by UAE nationals.
Forming a mainland business in Dubai can be a hassle, but not if you are seeking assistance from the right business setup company. We can assist you by taking you through each step of this complicated process.
1. Identifying the business activity
Selecting the type of business activity you wish to engage in as well as the location where you will operate is essential. It is important to choose a business activity that is aligned with your skills and expertise, as well as one that is in demand in the local market. Consider the location to set up your mainland business carefully, as different areas of Dubai may have different regulations and requirements.
2. Acquiring the required licenses
Once business activity and location are chosen, the next step is to obtain the necessary licenses and permits from the local authorities – mainly issued by the DED. A Memorandum of Association (MoA) agreement and other Local Service Agent (LSA) agreement is required in regard to the type of business activity you chose to set up your mainland business in the UAE.
Additionally, this would vary accordingly with the types of business activity and location you have chosen. Owing to that, it is crucial that you chose the perfect company to help you set up your mainland business in Dubai!
3. Register your company name
Your company name needs to stand out from other similar businesses as it will represent the character and structure of your company. Hence, it is vital that you choose a unique trade name. The Department of Economic Development of each emirate will then register your business name officially. Our team of experts will aid you in the registration of your mainland business in Dubai, smoothly, and efficiently.
Requirements to look out for while selecting your trade name:
4. Get additional approvals
Depending on the mainland business you want to register in the UAE, there might be a need to get additional approvals from other bodies of the government. For example, you will need approval from the Ministry of Interior if your business is related to general transportation, or from the Ministry of Justice if it handles legal activities. Working with our team at Hashtag Startup, you will not need to worry about the complexities of this process. Just brief us on all details of your mainland business and we will do all the hard work!
Choose Hashtag Startup and take advantage of our experience and understanding of the regional business climate in the UAE. By working with our team you can save time and effort while ensuring that your company is set up effectively and quickly!