If you’re planning a mainland business setup in Dubai, there are some steps you need to take. Listed below are the steps you need to take to set up a business in Dubai. After you’ve submitted all the documents required by the DED, you should make all your due payments to get your business license. Note that certain types of businesses fall outside of the DED’s jurisdiction, so you’ll need additional licenses from governing bodies in the emirate. Lastly, you’ll need to apply to become a member of the emirate’s chamber of commerce.
Obtaining a company formation license:
Obtaining a company formation license to begin business activities on the UAE mainland requires certain approvals. These are obtained from the Department of Economic Development (DED), the Dubai Municipality, and the Ministry of Labor. Certain activities, such as engineering consultancy, money exchange, and health care, may require special approvals. The cost of obtaining these approvals varies depending on the size of the business.
Obtaining a trade license:
The process of setting up a new company in the UAE is simple if you know where to start. However, for those who have never done it before, company formation in Dubai might be a little complex. In the UAE, a trade license is required to set up a mainland business. The type of trade license you need depends on your company’s activities, company structure, and jurisdiction.
Obtaining a visa:
If you want to open a business on the Dubai mainland, there are a few things you should know about obtaining a business visa. First of all, you must obtain a professional license. This is because you will own the company 100%. In addition, you must hire a local service agent. Once you have a local partner, you can set up your business in any area of the Dubai mainland. Moreover, you can open several branches to expand your business in the UAE.
Obtaining a local service agent:
Obtaining a local service agent is mandatory for foreign entrepreneurs starting a business in Dubai. This is required for businesses that are not owned by a UAE national or company. The service agent’s role is to handle all the necessary paperwork and liaise with government agencies. The agent will be paid an annual fee to facilitate the business establishment process. The sponsor will act as a sleeping partner for the company.