Setting up a company on the mainland in Dubai

Setting up a company on the mainland is an attractive way for many entrepreneurs and investors to gain a foothold in Dubai. They offer numerous advantages, including unrestricted business activities and the opportunity to interact directly with the local population and other companies. This article explains the most important aspects of setting up a company on the mainland.

Advantages of setting up a company on the mainland

• Unrestricted business activity: When setting up a company on the mainland, you can do business anywhere in the United Arab Emirates.
• Access to the local market: You can directly access the local market and interact with customers and partners in Dubai.
• No restrictions on business activities: There are no specific restrictions on the type of business activities you can start.

Documents required for company formation

Certain documents are required to set up a company on the mainland. These include:

• A completed application form
• A copy of your passport
• A list of planned activities and services
• The company’s articles of association and incorporation protocol
• Proof of an office or business premises
• Registration with the Chamber of Commerce

The process of setting up a company

The process of setting up a company on the mainland involves several steps, which are as follows:

1. Choosing a suitable company name
2. Submitting the required documents to the competent authority
3. Obtaining the licences
4. Opening a business account
5. Applying for a business licence

Costs of company formation on the mainland

The cost of setting up a company on the mainland can vary depending on the type of business and the specific requirements. Typical costs include

• Registration fees
• Costs for permits and licences
• Rent for business premises
• Consultancy fees from companies or lawyers

Relevant authorities and institutions

When setting up a company on the mainland, it is important to deal with various authorities, such as

• The Department of Economic Development (DED)
• The local Chamber of Commerce
• Other relevant government agencies

Illustrative example on the topic: Setting up a company on the mainland

A successful example of setting up a company on the mainland in Dubai is the start-up „Tech Innovations“. The company, which specialises in developing innovative software solutions for local companies, decided to start its business activities in Dubai. The team went through the process described above to obtain all the necessary authorisations to set up the company on the mainland. Within a few months, they were not only able to offer their products on the local market, but also enter into important partnerships with other local companies. Their decision to incorporate on the mainland proved to be strategically advantageous and contributed significantly to their rapid growth and success in the region.

Conclusion

Setting up a company on the mainland in Dubai offers numerous advantages for entrepreneurs and investors. The ability to operate in the local market without restrictions and enjoy easy access conditions makes Dubai a favoured location for business start-ups. To ensure that all legal requirements are met and the incorporation process runs smoothly, it is advisable to seek professional assistance.

For more information on topics such as the property market or real estate agencies in Dubai, feel free to browse our property encyclopaedia.