TYPES OF MAINLAND BUSINESS LICENSE IN UAE

Selecting the appropriate business activity and legal structure are essential requirements for establishing a Mainland Business Setup in the UAE. The legal forms of business in the UAE include single owner companies, partnerships, corporations, and limited liability companies (LLCs). In general, business licenses in the UAE are classified into the following categories:

•   A Commercial License that covers all kind of trading activities
•   A Professional License that covers specialized professional services, craftsmen and artisans;
•   An Industrial License for establishing industrial or manufacturing activity.

The Department of Economic Development (DED) is responsible for issuing licenses for various business categories. However, certain businesses require approval from specific ministries and government authorities. DED offers over 3000 activities, grouped into diverse business license categories, providing investors with a wide range of options when setting up their company in the UAE.

Let Team Pro Consultancy guide you in selecting the optimal business activity and license type for a seamless company registration experience in the UAE. We’re here to ensure your success!

Types of Business Activities Requiring Additional Approvals:

Note: The oil and gas production, as well as allied industries, entail intricate procedures and operations.

To engage in trade activities like jewelry or insurance, companies in Dubai must provide a financial guarantee issued by a local bank. Additionally, all commercial and industrial businesses in the UAE should be registered with the Chamber of Commerce & Industry. As an initial step, investors need to select a business license, trade name, and activity. Subsequently, they can proceed with establishing the legal framework and organizational structure of the company.

When establishing a company in the UAE mainland, investors have a range of legal business forms to choose from. Depending on factors such as shareholding structure, capital investment, and business activity, investors can select the most suitable category. Our team of Legal Experts and business consultants are here to provide guidance and assistance in determining the right company structure for your needs.

STEPS INVOLVED IN THE MAINLAND BUSINESS SETUP IN UAE

Pro Consultancy is dedicated to supporting you throughout the entire business setup process, extending its services beyond to ensure a seamless company registration experience in the UAE. Below, you will find a comprehensive guide outlining the step-by-step process of establishing a business in UAE Mainland.

•   Assistance in drafting Memorandum of Association and Side Agreement
•   Determining Office Premises as per your Budget
•   Assistance in Attestation of Court Documents
•   Obtaining License
•   Applying and Processing Visas

DOCUMENTS REQUIRED FOR MAINLAND COMPANY FORMATION IN UAE

The mainland company formation process in the UAE necessitates the submission of the following documents.

A. Initial Approval

•   Registration, licensing application, and proof of reserved trade name.
•   Applicant’s passport photocopy (include residence permit/visa details for non-GCC nationals).
•   No-objection letter required from current sponsor for non-GCC nationals.
•   Director’s passport photocopy and no-objection letter from current sponsor.
•   Permission from the court to practice business, for applicants under 21 years.
•   Approval issued by other Government authorities according to the type of activity.
•   Board resolution (if the partner is an existing corporate entity).

B. Documents to be Submitted after Receiving Initial Approval

•   Initial Approval receipt – All documents submitted for approval.
•   Office lease photocopy with plot number.
•   Photocopy of the Memorandum of Association duly signed by the Notary Public.

If the partner is an established corporate entity in the UAE or abroad, it is necessary to have the Board resolution, Memorandum of Association, and Commercial Register Certificate attested by the UAE Embassy/Consulate or a GCC State Embassy/Consulate, as well as the UAE Ministry of Foreign Affairs. Additionally, these documents should be accurately translated into Arabic.

Pro Consultancy is dedicated to supporting investors at every step of the Mainland company setup process. Our team of experts offers comprehensive business consulting and provides valuable information to help investors make informed decisions. We prioritize word choice, structure, readability, and eloquence to ensure the highest quality of service while maintaining the original meaning.