Dubai’s strategic location and thriving economy make it an ideal destination for investors looking to set up a business. If you are planning to establish a company in Dubai, mainland company formation is one of the options you can consider. In this article, we will provide you with a comprehensive guide on how to set up a mainland company in Dubai.
Firstly, it is important to understand that sole proprietorships with a professional license in Dubai must contract with a local service agent. The investor will retain 100% ownership. Limited liability companies and companies with industrial and commercial licenses are exempt from this condition.
To start the process of mainland company formation, you need to obtain initial approvals from relevant government authorities such as the Dubai Department of Economic Development (DED). This involves selecting a suitable legal form, registering the company name, and submitting the necessary documents.
Once you have received the initial approvals, you can proceed with drafting the Memorandum of Association and the Articles of Association. These documents outline the structure, objectives, and management of the company. You will also need to obtain a commercial license from the DED, which will enable you to conduct business activities in Dubai.
Setting up a mainland company in Dubai can be a complex process. That’s why it is recommended to seek the assistance of a reliable and experienced business setup service provider such as Business Codes. Our team of experts can guide you through the entire process, from initial approvals to obtaining the commercial license.
Contact Business Codes today to learn more about our mainland company formation services in Dubai.
