Incorporation In UAE Mainland

When it comes to business setup in the United Arab Emirates, the Mainland is the most popular location with entrepreneurs from around the world. That’s because the Mainland offers more flexibility for employment, business location, promotion, and more compared to companies in the Free Zone. And if that wasn’t enough, the UAE is one of the safest countries in the world!

Business Setup in UAE Mainland is a quick and easy process, but there are several steps involving paperwork and government formalities that you have to go through before you complete, business setup process. Contact MSZ Consultancy- one of the most preeminent Business setup consultants in Dubai offering services all over UAE. Our experts will guide you through complete incorporation process and provide you with all the support you need for a successful business setup in one of the most popular destinations in the world.

STEPS FOR LLC BUisness setup in uae

If you are a foreign investor looking to form a company on UAE’s Mainland, you will only be able to practice industrial, commercial, trading, professional, or tourism activities. You will also have to get a local sponsor. A local sponsor serves as a sleeping partner and will own 51% of shares in the company. BIZTEC CORP can help you find a trustworthy local sponsor for your business. We can also guide you through all the steps you need to take for a hassle-free UAE Mainland business setup. Here are the steps it takes to form a company on the Mainland:

01 Select business activity

The first and most important step is to determine your business activity. This will help when applying for your business license. The types of businesses allowed on the Mainland are:

Commercial/Trading

Consultancy

Professional

Industrial

02 Select legal form

Next, you’ll have to access your company’s requirements and business activities and choose the legal type for your company.

03 Select a trade name

Then, you’ll have to select a trade name for your company. The name must be clear, have meaning, and not be related to any religion.

04 Apply for initial approval in DED

Now, you’ll have to apply for initial approval from the DED. A Mainland company has to be registered with the Department of Economic Development (DED). This is the department that will issue your business license.

05 Prepare MOA and LSA agreement

After you submit your information to the DED, they will prepare the Memorandum of Association (MOA) and the Local Sponsor Agreement (LSA).

06 Establish a business location

To have a business on the Mainland, you’ll need office space. During this step, you’ll have to get a lease contract. You can rent or buy a spot anywhere in the Emirate that you have registered your company in.

07 Get approvals

Now, you’ll have to get approval from the required authorities based on what type of business you will have. For example, some business activities require approval from the Ministry of Health and Prevention, Police, etc. MSZ Consultancy can help you figure out if your business will need more approvals during formation.

08 Collect business license

You’ll finally be able to get your business license after the MOA and LSA are signed, all the approvals are obtained, and you’ve made all the required payments.