UAE Mainland Company Formation Dubai
CHOOSE THE RIGHT DUBAI MASTER LAND LICENSE
Our experts will help you choose the most suitable and advantageous Dubai mainland license for your company, whether it is commercial, industrial, or professional.
Mainland Company Formation Cost
The term “UAE Mainland” typically refers to the onshore areas of the United Arab Emirates (UAE), as opposed to the various free zones within the country. The UAE is divided into different jurisdictions, including mainland and free zones, each with its own regulations and business environment.
Mainland, this refers to the areas of the UAE that are not part of a designated free zone. Companies established in the mainland are subject to the laws of the UAE, including commercial and labor laws.
UAE Types of Companies
Limited Liability Company (LLC): The LLC is a popular choice for businesses in Dubai Mainland.
Professional Company: Suitable for individuals providing professional services such as consultancy, legal, or accounting services. 100% ownership by foreign nationals is permitted.
Branch of a Foreign Company: Allows foreign companies to establish a presence in Dubai.
Representative Office: Suitable for companies wanting to explore the market or promote their products in Dubai. Limited to marketing and research activities, with no commercial operations allowed.
Setting up a Company in Mainland
- Select Company Structure – LLC, SP, Branch of Foreign Company.
- Choose a Company Name – With Guidelines and Rules.
- Prepare Application – MOA, AOA.
- Select your Office Space.
- Get License Approvals, which are subject to conditions.
- Complete Final Formalities – Company Stamp, employment visas, bank account, labor card, etc.
Dubai Mainland Cost to Establish a Company
It’s important to note that the cost can vary significantly depending on the specific requirements of your business and the professional services you engage to assist with the setup process. Additionally, there may be annual renewal fees for the trade license and other permits.
Mainland Company Post Installation Services
Post-installation services are necessary to ensure the smooth operation and continuous support of products or systems provided by a mainland company. These services help to maintain customer satisfaction, solve problems that may arise and improve the overall customer experience.
Corporate Bank Account Maintenance: Maintaining the corporate bank account and managing financial transactions is an ongoing responsibility. Businesses need to ensure compliance with banking regulations.
Tax Compliance and Bookkeeping and Accounting: Maintaining accurate financial records and ensuring compliance with accounting standards is crucial. Many companies hire accounting services or use accounting software for this purpose.
Legal and Regulatory Compliance: Staying updated on changes in laws and regulations that may affect the business is crucial. Ensuring compliance with legal requirements helps avoid penalties and legal issues.
UAE Visa Service
The process involves several steps, and companies often use the services of Public relations Officers (professionals) or visa consultants to navigate the complexities of the immigration system.
It is important for businesses to be aware of changes in immigration regulations and to work closely with professional services or legal advisers to ensure compliance with the procedures set out by the relevant authorities in Dubai.
Many companies use the services of professionals or visa consultants to facilitate government transactions, facilitate document processing, and ensure compliance with immigration regulations.
UAE Dubai Mainland Accounting Service
It is essential for businesses operating on the UAE mainland to maintain accurate accounting and bookkeeping records. The accounting and bookkeeping process involves recording, classifying and summarizing financial transactions to provide a clear financial picture of the business.
Account Plan: Develop an account plan that organizes financial transactions into categories. This usually includes assets, liabilities, equity, income and expenses.
Accounting Software:
Consider using accounting software to simplify the bookkeeping process. There are various software options available that can automate many tasks such as billing, expense tracking and financial reportin
Invoice Management: Issue and track invoices for goods or services provided. Invoices should include important details such as invoice number, date, description and amounts..
Payroll processing:If the company has employees, keep accurate payroll records, including salaries, benefits, and deductions. Ensure compliance with labor laws related to wages and working hours.
VAT Compliance: Follow the VAT (Value Added Tax) regulations, if any. Ensure proper VAT registration, record keeping and timely completion of VAT declarations.f the business, the company may need to undergo annual audits. Ensure compliance with accounting standards and legal requirements.
UAE Mainland Opening Corporate Bank Account
Opening a corporate bank account on the UAE mainland is a fundamental step for businesses that want to operate in the region. The process involves several steps and requires compliance with legal requirements.
Documents Required to Open a UAE Bank Account
The specific documents required may vary from bank to bank, but usually you will need the following:
- Trade license and trade registry
- Memorandum of Association (MOA) and Articles of Association (AOA)
- Photocopies of passports and visas of shareholders and authorized signatories
- Emirates identity copies of shareholders and authorized signatories
- Proof of address for shareholders and authorized signatories
- The decision of the board allowing the opening of the account
- Company profile
- The amount of the first deposit (depends on the bank)
The Mainlands of the UAE
The mainland regions of the United Arab Emirates are a world-leading financial centers. The company provides a wide range of financial services, including formaiton, asset management, private banking, capital raising and a secure, regulated environment for global businesses.
Business Activities Under Dubai
Mainland License
The Industrial License under a Mainland Company allows a business to perform industrial-related activities such as production, segregation, accumulation, and packaging.
Computer, IT infrastructure consultancies
Insurance, tax, legal consultancies
Marketing consultancies, public relations management
Auditing & accounting
Waste management & recycling consultancy
The Commercial License is intended for companies who want to engage in buying and selling of goods, commodities, and other kinds of trade activities within the UAE.
There are three forms of licenses in the travel and tourism industry:
1. This license enables a company to manage travel within the city.
2. This license allows a company to sell tourist packages beyond the boundaries of Dubai
Real Estate License: For companies involved in real estate activities, such as buying, selling, or leasing properties.
Healthcare License: Required for companies operating in the healthcare and medical services sector.
Education License: For educational institutions, training centers, and tutoring services.
Media License: For companies involved in media and publishing activities.
Event Management License: Required for businesses engaged in organizing events and exhibitions.
Shipping License: Aimed at companies involved in shipping and maritime services.
Technology License: For businesses in the technology sector, including IT services and software development.
Tax and Accounting Service and Support
Our broad range of tax and accounting services helps your business maintain sustainable growth and prepare for long-term financial stability. We help you streamline your accounting processes so you can easily send invoices, reconcile bank transactions, manage expenses, track inventory, and generate insightful reports effortlessly.
Professional Management in Visa Services
We provide services for all visa types.
Our visa application process is professionally managed to provide a smooth experience for you. Our team will assist you throughout the entire application process and inform you about the progress of your application.
Residence Visas, Investor Visa
Working Visa, Family Visas
Golden Visa, Gold Visa
Global Banking Solutions for Your Corporate Needs
Our financial products and services with technology solutions provide an international solution for the global banking sector that is ready to simplify your company’s operations, reduce costs and increase efficiency.
Our services are aimed at helping companies to address business challenges, meet legal requirements and promote growth.
Mainland Company Formation Cost in Dubai
Mainland Company Formation in Dubai Frequently Asked Questions
Value Added Tax (VAT): The UAE implemented a Value Added Tax (VAT) in 2018. As of my last update, the standard VAT rate is 5%.
It is important for businesses to perform accounting operations and make financial reporting regularly, both in terms of complying with legal regulations and providing business owners with accurate information about their financial situation. This is also important in terms of tax return preparation and compliance with other legal requirements.