Mainland Company (LLC)

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Mainland Company Setup-LLC

If you are planning to start up a business, then the best destination for you is Dubai UAE. It offers potential investors to start a company in either one of the sectors. Offshore and onshore. Moreover, Dubai gives you the advantage of state of the art infrastructure, telecommunication etc. So why not go for a company setup in Dubai UAE?

Read on about a company setup in Dubai UAE on the mainland. And don’t hesitate to start your own company too.

Mainland company setup in Dubai UAE:

A company setup in Dubai UAE on the mainland is licensed by the Department of Economic Development (DED). The professional or commercial license allows the company to do business in the local market. Any free zone as well as outside the UAE without restrictions.

Ownership Structure

When applying for a license in the mainland for a company setup in Dubai UAE, the presence of a UAE National is mandatory as a local service agent or a local partner.

In commercial licenses 51% shares will be held by a UAE National and 49% shares to the partner.

In professional license, the partner will take on 100% of the shares and a UAE National is appointed as a Local Service Agent.

Local Partner/service agent is responsible for signing all government applications while expat partner is the whole and sole for business operations with no input from the Local Partner/Service Agent unless agreed.

Office Space in the Mainland

For a company setup in Dubai UAE. There is a minimum requirement of 200 sq ft. leasd out on annual basis for every mainland license. If done so then they will issue your license.

Visas Facility in the Mainland

Starting a company setup in Dubai UAE you don’t have to worry about any limitation of visas. In the mainland an E-quota is issue to companies that shows their visa eligibility. Which can be increase in more labor require by the company. The office space is one factor for the eligibility of visas, both are directly proportional.

Approvals from the Govt. Authorities

During the company setup in Dubai UAE, the license you are applying for do need government approvals either from DED (Department of Economic Development), DM(Dubai Municipality), Ministry of Labor (MOL) or Department for Naturalization and Residency affairs of Ministry of interiors or Immigration (MOI).

For some business activities, they need external government authority approvals. Such as KHDA (Knowledge and Human development Authority) for all Education related license etc. If you do not get the approval there will be a hurdle in your company setup in Dubai UAE.

Licenses for mainland company setup in Dubai UAE

To start a company setup in Dubai UAE you need to apply for a business license. These are the two licenses you need to get according to your business activity.

Professional License (For non-physical services)

-To start a company setup in Dubai UAE. This license will restrict to carry out non-physical services under the UAE Civil code.

The UAE Civil Code entities (may be an Individual Establishment or a Civil Works Company) include promotion of services, skills, and expertise of the individual(s) conducting the business, as well as other related practices that involve the use or investment of intellectual faculties.

– Moreover, appoint a local service agent or a local partner.

-It would be a LLC (Limited Liability Company). If they give 51% possession to a UAE National or Company. Moreover, in certain business exercises. The investors of the UAE organization must meet indistinguishable criteria from the partners.

-Existing companies can only invest in a new Civil Company. If they reflect the same business activity as the parent company

Commercial License (For physical services)

-The establishment of a Limited Liability Company (LLC) in Dubai is according to the Commercial Companies Law. Which is use by many businesses.

-Every one of the partners will just be at risk to the degree of their offer capital in the organization upon consolidation as expressed in the executed Memorandum of Agreement (MOA).

-Under the UAE Companies Law – UAE National (Local Partner) holds at least 51% possession. And 49% proprietorship will be that of the outside investor. Moreover, in any case, the law allows the issuance of sacred reports for a LLC to contain arrangements. Which intend to secure the interests of the outside minority investor, including however not constrained to the benefits dissemination, resources privilege, arrangement of executives/administrators, forces of organization, and impact in basic leadership.

Finally, go ahead and start your company setup in Dubai UAE because you can get many incentives. For example the well-developed infrastructure, telecommunications, flexibility. Moreover, no limitations on the number of visas etc. Simply select your business activity. And apply for the business license in accordance to the activity you wish to carry out.

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