BUSINESS SETUP IN DUBAI

A Dubai Mainland License is a trade license issued by the Department of Economic Development (DED) of Dubai, that allows businesses to operate within the Emirate of Dubai and the wider United Arab Emirates. It offers several advantages over setting up a business in a free zone, including:

The ability to trade anywhere in the UAE, not just within a specific free zone
The ability to directly own and operate mainland property
Greater access to government contracts and tenders

Dubai Department of Economic Development (DED)
There are two main types of Dubai Mainland Licenses:

Commercial License: This type of license is for businesses that are involved in trading goods or services.
Professional License: This type of license is for businesses that provide professional services, such as consultancy, engineering, or law.
The process of obtaining a Dubai Mainland License can be complex, and it is important to seek advice from a business setup consultant.
However, the benefits of a Mainland License can be significant for businesses that are looking to expand their operations in the UAE.

Setting up a free zone company in Dubai can offer various benefits, including 100% foreign ownership, tax exemptions, and simplified import-export procedures. Here are the general steps to set up a free zone company in Dubai:

Choose a Free Zone: Dubai has several free zones, each catering to specific industries. Research and select the free zone that best suits your business needs.

Select Your Company Type: Decide on the type of company you want to establish, such as a Free Zone Establishment (FZE) for a single shareholder or a Free Zone Company (FZCO) for multiple shareholders.

Name Reservation: Choose a unique name for your company and get it approved by the relevant authorities in the chosen free zone.

Apply for a License: Submit an application for the type of business license required for your activities within the chosen free zone.

Submit Documentation: Prepare and submit the required documents, which typically include passport copies, business plan, NOC (No Objection Certificate) from current sponsor (if applicable), and any other specific documents requested by the free zone authority.

Lease Office Space: Depending on the free zone's regulations, you may need to lease office space within the free zone.

Obtain Approvals and Licenses: Once your application is processed and approved, you'll receive your business license and relevant approvals from the free zone authority.

Bank Account Opening: Open a corporate bank account in Dubai for your free zone company.

Visa Processing: Apply for visas for yourself and any employees or partners, if needed. Free zones typically offer visa services for company owners and employees.

Company Registration: Complete the final registration steps with the free zone authority, which may include signing the necessary documents and paying the registration fees.

Commence Operations: Once all the formalities are completed, you can start operating your free zone company in Dubai.

It's advisable to work with a reputable business setup consultant or legal advisor who is familiar with the processes and regulations of the specific free zone you choose. They can guide you through the process and ensure compliance with all requirements.



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