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How to open a company on Mainland in Dubai, UAE
When starting a company in the Dubai, UAE, it is important to carefully choose the location for specific business objectives. You can consider free economic zones or the mainland. Let's look at when Mainland registration is appropriate and what the benefits are.
Mainland is the mainland of Dubai, where you can open a local firm. Among the main advantages of this economic zone are worth noting:
- convenient interaction with local companies;
- ensuring a higher status and reputation of the enterprise;
- the possibility of operating both outside and inside the Emirates;
- more than 2,500 types of licenses are available;
- no restrictions on obtaining work visas;
- large choice of legal forms;
- 100% ownership of the company for a foreign investor;
- simplified process of opening a corporate account.
The choice in favor of the mainland zone makes it possible to develop international business. Most often here are registered firms related to the provision of food services, medicine, construction and repair, as well as educational organizations, real estate agencies, carsharing and others.
The Mainland registration procedure includes several steps:
- Selecting the appropriate type of activity. A mistake at this stage can lead to problems with regulators and account opening, so it is crucial to consult with experts.
- Selecting a trade name, as required by law.
- Preparation of the constituent documents of the company.
- Selection of a suitable office or warehouse, depending on the business objectives and the requirements of the Municipality.
- Obtaining external approvals, for some activities.
- Obtaining resident visa and Emirates ID for company founders.
- Opening a corporate account.
The whole process takes about 7 working days and is possible without personal presence of the founder. The final cost of opening a company depends on the type of license, number of founders and visa quotas, external approvals and type of office.
Openbiz specialists will hold a free consultation for you, where they will analyze all the subtleties, processes and calculate the full cost of company registration on Mainland.
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