In UAE, companies can be started as mainland businesses, free zone, or offshore businesses. For a business setup in the UAE mainland, a local sponsor in required, and the license is provided by the Department of Economic Department in Dubai. In a free zone, you can operate only within a limited geographical region, and the business is licensed by the respective free zone authority.
To establish a limited liability company in Dubai Mainland or anywhere else in the UAE, you need to reserve a trade name and obtain preliminary approvals. You also need to get a memorandum of association of the company and submit the lease contract and other necessary documents to the Department of Economic Development.
You will also need to partner with a UAE national and may require additional certifications from authorities, a rented office space also is a must. With Nixxa Business Setup you can start a business in Dubai and relax about the requirements.
As a company in Mainland, you can do business with any country and trade freely. You get access to affordable rental office space as you are not geographically-limited, compared to free zone companies who are only forced to do business inside the free zones and have limited business scope.
Free Zones are areas designated for international businesses, which need 100% foreign ownership. Companies in each free zone can trade only within the same free zone and nowhere else in UAE.
With Nixxa Business Setup, company formation in Dubai Mainland can take less than 72 hours, however, it is must that you have the right documents at hand. Being trusted partners and over 18 years of association with the Department of Economic Development in Dubai, we can establish businesses in UAE in just three days. Company formation in UAE free zones can take anywhere between 3-10 days.
There are four types of Business License or Trade Licenses in the UAE; Commercial License –issued to a company engaged in any kind of trading activity, Industrial License –issued to a company engaged any king of manufacturing or industrial activity, Professional License – issued to service providers, artisans, professionals and craftsmen and the last one is Tourism License – issued to travel, tourism and hospitality companies in the UAE.
To renew your trade license, you need to provide a certificate of authenticity for the lease contract issued from the Real Estate Regulatory Agency as well as a new Memorandum of Association, with the necessary modifications.
Are you worried of business setup in the UAE? Are you aware of the difference between a Mainland, Freezone, Offshore? What are the procedures of business setup in Dubai? Which kind of trade licenses are available? If these are the questions bothering you, then talk to a business setup consultant from Nixxa Business Setup for Free! We do not only help you through all your doubts but also support you with complete solutions on your aim of starting a business in Dubai.
You may take a quick look at the FAQ’s section for better understanding.
Think before starting a business in UAE. When it comes to setup a business in Dubai, decide where you want the company to be located. on the mainland or in a free zone. If it is intended to be set up as an onshore or mainland company, you will need a Local Sponsor. This is mandatory in all matters of company formation in UAE , and a good business setup consultant can help you out with this part.
Nixxa Accounting & bookkeeping has acquired its place as one of the most trusted company in UAE who provides the best services in accounting, auditing, business consultancy and VAT assistance