Mainland Company Formation in UAE

Mainland Company Formation in UAE

If you want to get registration of Mainland company in Dubai or any other Emirate, let My Business Consulting DMCC guide you in choosing the most effective corporate structure for your company. We can help your register your business along with providing support for obtaining UAE Residence Visa and Corporate Bank Account opening.

WHAT IS MAINLAND AND
HOW TO REGISTER MAINLAND COMPANY IN UAE

WHAT IS A MAINLAND COMPANY?

A Mainland company is a company registered in one of UAE DED (Department of Economic Development). This means that if you choose to conduct business in UAE Mainland, you will need to register business entity with the DED, which will then provide you a business license to start doing business in UAE.

Mainland company can practice any industrial, commercial, trading, professional or tourism activity. Some professional activities are excluded as per DED's business regulations and other require approvals of authorities that regulate these activities.

Foreign investors may start their business in partnership where 51% ownership of the company belonging to UAE nationals or choose a Sole Establishment company formation to own 100% of shares. However, it should be noted that some business activities are reserved for UAE nationals only.

Shareholders must fulfill the formation documents and processes, which is included the appointment of a manager by the Memorandum of Association (MOA) or Service Agreement, for a limited or an unlimited period of time. Mainland must appoint a minimum of one manager and up to a maximum of five managers for the business.

HOW TO REGISTER MAINLAND COMPANY IN UAE?

  • 1. SELECT BUSINESS ACTIVITY

    Decide the business activity type Commercial/Trading, Consultancy, Professional or Industrial. You can choose several activities within one group of activities.
  • 2. SELECT LEGAL FORM

    Based on the activity and owner’s resolution.
  • 3. SELECT TRADE NAME

    It’s advisable to suggest three name options in order of preference – names should be clear, has meaning, not related to any religion. At this stage it is required to submit documents of all partners and of the appointed manager partners (Passport / Visa / EID / NOC for UAE Residents / Residential address).
  • 4. APPLY FOR INITIAL APPROVAL IN DED

    This is to confirm that the company can be formed and the company name is approved.
  • 5. PREPARE MOA & LSA AGREEMENT

    DED will prepare the MOA (Memorandum of Association) and LSA (Local Sponsor Agreement) based on the information provided at stage 3 and stage 4.
  • 6. ESTABLISH BUSINESS LOCATION

    To complete the registration process in the Mainland a lease contract (Ejari) is required. This refers to either an office / business center / warehouse or a showroom. It can be rented or purchased anywhere in the Emirate you have registered the company.
  • 7. GET APPROVALS

    Some business activities will require external approvals from other authorities such as MOH (Ministry of Health and Prevention), Civil Defense, Police, etc.
  • 8. COLLECT BUSINESS LiCENSE

    After the MOA, LSA are signed, all approvals are obtained and all payments are made. License will be issued along with the MOA.
Note: it takes approximately 5 to 12 working days to establish a Mainland company after receiving the full set of required documents. Is case of external approval for some of the business activities the timeframe may take longer.

ADVANTAGES OF A MAINLAND COMPANY


HOW WE CAN ASSIST YOU
TO REGISTER A MAINLAND COMPANY IN UAE

Although some of the procedures for setting up and obtaining a license can be lengthy, obtaining the appropriate legal advice will greatly facilitate the process and help foreign companies understand the optimal legal structure for conducting business in the UAE.

If you want to get registration of UAE mainland in Dubai or any other Emirate, let My Business Consulting DMCC guide in choosing the most effective corporate structure for your Company. We can help your Company in getting started as well as doing business in the UAE along with providing support for visa applications accounts& bookkeeping and tax certification.

Contact our experts to get a free kind advice on the best options to set up your business in UAE or obtain a UAE bank account today: [email protected].

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Blue Atlas Investment Holding Ltd
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