How do you setup a Dubai mainland company?
Setting up a mainland company in Dubai involves several steps and procedures.
We have covered a general overview of the steps and requirements to setup and register a company under the Dubai Economy and Tourism Department (DET).
- Determine your business activity: Identify the type of business activity you wish to engage in and ensure it complies with the regulations set by the Department of Economic Development (DED) in Dubai. Each activity has specific requirements and may require additional approvals from relevant authorities.
- Register the Trade Name: Choose a unique trade name for your company and ensure it complies with the guidelines provided by the DED. Reserve the trade name by submitting an application along with the required fees.
- Obtain Initial Approval: Submit an application to the DED, including the required documents and fees, to obtain initial approval for setting up your mainland company. This step involves submitting your trade name, MOA, AOA, and other relevant documents.
- Find a suitable location: Select a physical location for your business within Dubai. Consider factors such as accessibility, proximity to your target market, and availability of necessary infrastructure. You may choose to lease or purchase a property, depending on your requirements.
- Prepare the Legal Documents: Prepare the necessary legal documents for company formation, including the Memorandum of Association (MOA) and the Articles of Association (AOA). These documents outline the company’s structure, activities, and internal regulations.
- Notary signing: Once you have obtained initial approval, complete the remaining legal procedures, such as signing the MOA and AOA before a notary public, and have them attested by the relevant authorities. An authorised signatory should be present to complete this step, however a remote signing may also be possible
- Obtain licenses: Apply for the necessary licenses from the DED based on your business activity. Generally, this license are either a commercial license, professional license, or representative/ branch license, or others, depending on the nature of your business.
- Register with Authorities: Register your company with other relevant authorities, such as the Dubai Chamber of Commerce and Industry, Dubai Municipality, Dubai Immigration, and the Ministry of Human Resources and Emiratization (MOHRE). Compliance with labor and immigration regulations is crucial.
- Visa Applications: Process visa applications for your employees, if applicable, and ensure compliance with the UAE’s labor laws and regulations.
- Open a Corporate Bank Account: Choose a local bank and open a corporate bank account for your mainland company. The bank will require the necessary documentation, such as the company’s trade license, MOA, AOA, and the shareholders’ information. The banks will also ask for additional documentation which are submitted for approval alongside the corporate documents.
How can Rosemont Partners help?
Rosemont Partners are fully equipped to provide investors and foreign companies with comprehensive support and services throughout the process of setting up or expanding their presence in the country. With our extensive knowledge and expertise, we ensure that you are well-informed and guided every step of the way.
Our services encompass a full suite of end-to-end support, starting from obtaining the necessary licenses to completing any required approvals for your business. We understand the intricacies of the regulatory landscape and can navigate through the complexities on your behalf, ensuring that you are fully compliant and licensed correctly.
In addition, Rosemont Partners can assist your company with the entire employment visa process. We manage all the required documentation, ensuring that each staff member is properly registered with the Immigration and the Ministry of Labour (MoL).