How to establish a Mainland company

1. Determine Business Activity:

  • Identify the specific business activities you plan to undertake. The type of license you need will depend on these activities.

2. Choose a Business Name:

  • Select a unique and appropriate name for your business, keeping in mind the guidelines provided by the Department of Economic Development (DED).

3. Find a Local Sponsor:

  • Depending on the legal structure of your business, you may need a local sponsor, who will hold at least 51% of the shares. This is a requirement for certain business structures.

4. Obtain Initial Approval:

  • Submit the required documents to the DED for initial approval. These documents typically include a business plan, passport copies, and other relevant details.

5. Draft a Memorandum of Association (MOA):

  • Work with a legal consultant to draft the MOA, which outlines the company’s activities, ownership structure, and other essential details.

6. Choose a Location:

  • Select a suitable physical office space for your business. The DED may have specific requirements for the size and type of office based on your business activity.

7. Obtain Final Approval:

  • Submit all required documents, including the MOA and office lease agreement, to the DED for final approval.

8. Pay Fees and Obtain License:

  • Pay the necessary fees and obtain your business license from the DED. The license is essential for legal operations in Dubai.

9. Register with the Chamber of Commerce:

  • Register your company with the Dubai Chamber of Commerce and Industry to become a member.

10. Open a Corporate Bank Account:

  • Once you have the license, open a corporate bank account in the name of your company.

11. Visa Processing:

  • If you or your employees need visas, initiate the visa processing through the General Directorate of Residency and Foreigners Affairs (GDRFA).

12. Register with Tax Authorities:

  • Depending on your business activities, you may need to register with the Federal Tax Authority for Value Added Tax (VAT).

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