Local Agent in Dubai

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Local Agent - Guide To Light Up Your Life

A local sponsor is an Emirati or a UAE national, who acts as your service agent for your business in the company. Being a mandatory requirement, it’s a real, inevitable challenge for foreign investors to find the right local partner in Dubai, appropriate for their line of business. UAE, where expatriates planning to set up an LLC or a joint venture are required to work with a Local sponsor (Emirati Partner), who would own 51% of the business. The remaining 49% can be owned by the expatriate. In some cases, the local sponsor does not have any involvement in the business daily activities except for helping in obtaining permits such as trade licenses, visas, and other official paperwork. However, the sponsor can provide you with a power of attorney and avoid any involvement in the operations or profit-sharing. For a professional company, the ownership is 100% for the investor, but a local service agent is still a requirement.

Business Setup in Mainland- The Fastest Growing Land

To set up business activities in the mainland you will need to register with DED, which will issue you with a Dubai business license. The majority of business Activities are operating in the Mainland of UAE which is directly registered under each emirates government and its authorities which includes its own limitation of commercialized geographical areas. A DED (Department of Economic Development) Mainland license can also be beneficial because you would not limit yourself to one particular area. When you have this type of license, you are free to operate in any area of the UAE. If you set up your business in the mainland, you will need a UAE national to be your sponsor.

Our professionals will guide you through all the procedures and formalities and help you in forming a company in Mainland Dubai and also in UAE.

Mainland Dubai License

There is no doubt that the Dubai economy is one of the most stable in the world, and for some individuals, establishing a firm in Dubai’s mainland is a dream.

UAE allows you to expand your business’s branches to other sections of Dubai and across the UAE, and establishing a mainland company in Dubai is unquestionably a profitable investment. However, business operations in the UAE are required to have a license in one of three categories: commercial, industrial, or professional.

What is a Mainland Dubai License? And why do we need it?

In Dubai, all commercial, professional, and single establishments registered with the Dubai Economic Department (DED) are referred to as Dubai Mainland License.

Mainland organizations are business entities that are permitted to exist and function inside the borders of Emirati authority that fall within specific geographical regions. So it is essential for someone interested in investing in mainland Dubai to acquire a license first since it allows you to have the most freedom and flexibility in growing and operating your firm. However, the government has modified some rules and procedures that regulate the operation of mainland firms in the UAE.

Types of mainland Dubai License:

 DED, Department of Economic Development is the liaison authority for trade permits, and licensing procedures differ from emirate to emirate. In the UAE, licenses are classified into four major types:

Professional License:

A license is granted to businesses that provide services. Professional licenses are necessary for professionals who engage in professional activities such as consulting.

Commercial License:

Dubai mainland commercial license is given to a commercial entity that buys and sells products or services or simply trades.

Industrial License:

A Dubai mainland industrial license is often assigned to the companies that manufacture items, such as a factory or an industry.

Tourism License:

A tourism License is required for any tourism-related operations for setting up a tourism business in mainland Dubai.

 Requirement of a mainland Dubai license:

There are certain documents that are required from an investor or stakeholder before he starts a business in the mainland of Dubai and the documentation are required so the process of your license can begin. However, the paperwork requirements vary depending on the kind of shareholder. Individual shareholders require a particular set of paperwork. Another set is required for corporate stockholders. The following are both requirements:

  • Foreign shareholders, directors, and management must provide copies of their passports.
  • If the shareholder is on a work visa, the employer’s NOC is required.
  • National ID card of a UAE shareholder.

How can we get a mainland Dubai License?

The method for obtaining a mainland Dubai license is straightforward:

  • To begin, you must select a local service agent who will be required for the formation of a Limited Liability Company (LLC) or the establishment of a local firm.
  •  Second, it is critical that you have a DED clearance for your name.
  • Finally, create a Memorandum of Understanding with a professional service agent and submit it to DED with your license application.

Benefits of Company Formation in the Dubai Mainland

  • You can operate your business activity from any part of the UAE
  • Hassle-free legal formalities to seek license and registration
  • No yearly auditing mandatory
  • Tax-free
  • Easy availability of employment visas.
  • Mainland acquire office space in any area of Dubai or other emirates you want
  • Freedom in trading Activities with any business inside or out of the UAE
  • Undertake various projects of governmental bodies
  • Viable business registration and approval
  • You can choose multiple types of companies
  • Your various company activities will be incorporated under this single license.
  • A company registered by DED is highly secure for its business engagements.
  • The commercial license helps when you need to open a corporate bank account.
  • If you are a commercial license holder, you will own no income taxation and the financial reporting system would be easier and simpler.
  • It is very affordable to renew the commercial trade license in Dubai and the whole UAE.

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