Here is a complete guide about Dubai Mainland License. So you want to set up a business in Dubai? Whether a local or an expatriate, you must obtain a trade licence to operate legally. The first step is determining which permission is appropriate for your business activity. Here, we provide a complete guide to help you understand the process of getting a Dubai mainland licence.
Here is a complete process for the Dubai mainland license.
A Dubai mainland licence permits you to use any of the infrastructure or facilities of Dubai Mainland. Dubai mainland licence is required for any business activity conducted within the emirate of Dubai. Applying for a licence is straightforward and can be completed online.
The first step is to select the appropriate licence category from the Dubai Economic Department website. There are over 100 licences available, so choosing the one that best suits your business activities is crucial.
Once you have selected the licence category, you will need to provide basic information about your company, such as the trade name, contact details, and registered address. You will also be required to upload supporting documents, such as the company’s Memorandum and Articles of Association.
After submitting your application, you will need to pay the relevant fees and schedule an appointment for an interview with a representative from the Dubai Economic Department. Once your application has been approved, you will be issued a Dubai mainland licence valid for one year.
What is the Importance of Dubai’s mainland license for trade?
Dubai is one of the most popular tourist destinations in the world, and for a good reason. The city is home to some of the most luxurious hotels, shopping malls, and attractions. But many visitors don’t realize that Dubai is also a major hub for trade and business.
If you’re planning on doing any business in Dubai, it’s essential that you have a Dubai mainland license. This license allows you to import and export goods and to set up a physical presence in the city. You’ll be severely limited in what you can do without a license.
There are many reasons why a Dubai mainland license is so important. First, it allows you to import and export goods without going through customs. This can save you a lot of time and money.
Second, a Dubai mainland license allows you to set up a physical office or store in the city. This is essential if you want to do business with local companies.
Types of Dubai Mainland License
To set up a mainland company in Dubai, you must obtain a trade license from the DED. The type of trade license you need will depend on the nature of your business. There are four different types of trade licenses in Dubai:
- Commercial License: This license is for businesses involved in trading activities such as retail, wholesale, and import/export.
- Industrial License: This type of license is for businesses that are involved in manufacturing or industrial activities.
- Service License: This license is for businesses that provide professional or personal services.
- Agricultural License: This type of license is for businesses that are involved in agricultural activities.
Once you have obtained your trade license, you can start your business in Dubai. If you want to set up a branch of your mainland company in Dubai, then.
Check out different Categories of Licences for business
There are two categories of licenses available for companies in Dubai:
The professional license and the industrial license. The professional license is for businesses that provide services, while the industrial license is for businesses that engage in manufacturing or other industrial activities.
Businesses that require a professional license offer architectural, engineering, legal, medical, or accounting services. Businesses that require an industrial license include factories, foundries, and other businesses engaged in manufacturing.
The licensing process for both types of licenses is similar. Businesses must obtain approval from the relevant government before applying for a license. Once approval is obtained, businesses must apply to the Department of Economic Development.
The main difference between the two types of licenses is the fee structure. Professional licenses are typically more expensive than industrial licenses. This is because professional licenses allow businesses to operate in multiple emirates, while industrial licenses are only valid in the emirate where they are issued.
Both types of licenses must be renewed on an annual basis. Renewal fees are typically lower than the initial license fee.
What are the requirements for obtaining a Dubai mainland license?
You’ll need a Dubai mainland licence to set up a shop in Dubai. This process can be complicated, so it’s essential to know the requirements before beginning.
To obtain a Dubai mainland licence, you’ll need to have a trade licence, which can be obtained from the Department of Economic Development. You’ll also need a physical office space in Dubai and submit various documents, including a business plan, proof of financials, and more.
Once you have all the required documentation, you can begin the application process. The first step is to submit an online application through the Dubai e-Government Portal. After your application has been reviewed and approved, you’ll need to pay the appropriate fees and attend an interview with the licensing authority.
If everything goes smoothly, you should receive your Dubai mainland licence within a few weeks. With this licence in hand, you’ll be able to start doing business in one of the most vibrant cities in the world!
Steps for applying for the Dubai mainland license
Assuming you want a step-by-step guide on how to apply for a Dubai Mainland Licence:
1. Firstly, you need a trade license to apply for the Dubai Mainland License.
2. You need to go to the Department of Economic Development (DED) to get the application form for the Mainland License.
3. After that, you must submit the completed application form and all required documents to the DED.
4. Once your application has been approved, you must pay the license fee.
5. Finally, once you have paid the fee and received your license, you can start operating your business in mainland Dubai.
Advantages of getting a license in Dubai mainland
You should get a license in the Dubai mainland for many reasons. It is a highly developed and modern emirate with a first-class infrastructure. This makes it an ideal place to do business.
Another significant advantage of getting a license in Dubai mainland is the availability of skilled labour. With its proximity to India and Pakistan, Dubai has access to a large pool of skilled workers. This can help keep costs down when setting up your business.
In addition, the Dubai government offers several incentives for businesses operating on the Dubai mainland. These include tax breaks, low-cost office space, and access to business support services. All these factors make Dubai mainland an attractive option for setting up your business.
Name of most popular companies offering registration policies for Dubai mainland licenses are
The most popular companies for registration of a Dubai mainland license are as follows:
1. Emirates NBD
2. Mashreq
3. HSBC
4. Standard Chartered
5. First Abu Dhabi Bank
6. ADCB
7. RAKBANK
8. Dubai Islamic Bank
9. Noor Bank
10. Emirates Islamic Bank
To register for a license in the Dubai mainland, the following criteria must be met:
1. The company must be registered with Dubai’s Department of Economic Development (DED).
2. The company must have a physical office in Dubai.
3. The company must have a minimum paid-up capital of AED 2 million for a professional license and AED 10 million for a commercial license.
4. The company must have at least two shareholders who are UAE Nationals or GCC Nationals.
5. The company’s activities must fall within the scope of one of the designated free zones in Dubai.
6. The company must appoint a UAE national or GCC national as its manager/director
Conclusion:
We hope this guide has given you a better understanding of what is needed to get a Dubai mainland license. The process can be daunting, but if you follow the steps outlined in this guide, you’ll be well on setting up your business in Dubai. Have any questions? Let us know in the comments below, and we’ll be happy to help.