The UAE Mainland package priced at AED 17,499* includes trade license, name and initial approval fees, Tasheel fee, service charge, stamp of the company, memorandum of association / notary fee, immigration card, investor visa, Emirates ID, medical test, change of status, visa stamping, office sustainability contract, office solution, employment visa quota, bank account assistance, and free VAT and tax consultation.
Establishing a company in the UAE Mainland offers advantages like access to a broader market, no restrictions on business activities, and potential for local government contracts.
Depending on the nature of your business activity, you might or might not need to partner with an Emirati. In Dubai, approximately 1,100 of the 2,300 activities, including trading and manufacturing, no longer require a local sponsor, according to the Department of Economic Development. In Abu Dhabi, most trading activities still require a 51-49 shareholding provision with an Emirati sponsor.
If your business activity doesn’t require special governmental approvals, you typically need the following documents:
To form a Mainland company in the UAE, follow these steps:
Choose a Trade Name: Prepare at least three name options.
Select the Jurisdiction: Decide whether to set up on the Mainland or in a free zone, considering factors like budget and accessibility.
Company Structure: Determine your company structure, which can include 100% ownership with a sole establishment.
Prepare Required Documents: Collect necessary documents, including passport copies of all partners and approvals from relevant authorities.
Obtain a Trade License: Apply for and obtain your trade license from the Department of Economic Development.
Expert consultation, like the services offered by Goldenkey BCS, is valuable due to their team of company formation experts. They include public relation officers, lawyers, accountants, tax consultants, and corporate advisors with in-depth knowledge of UAE’s operational framework. Their support ensures a hassle-free and expedited business setup process.