Dubai Mainland License
August 2, 2023 2023-09-25 12:36Dubai Mainland License
Select the Right License for Dubai Mainland
Our experts will assist you in choosing the most appropriate and beneficial license for your company in Dubai mainland, whether it's for commercial, industrial, or professional purposes.
Professional Trade License
To provide professional services in the Dubai mainland, businesses and entrepreneurs must obtain a professional trade license from the Department of Economic Development (DED). This license verifies that the person or business is qualified to offer services in a specific profession. Typically, the issuance of these licenses requires the applicant to demonstrate specific skills or training. Professionals, specialists, craftsmen, and artisans must acquire a professional trade license to establish a mainland company in Dubai.
Regarding mainland company formation in Dubai, various business structures can be formed with a professional license, including a Limited Liability Company (LLC) where a local sponsor holds 51% of the company. For foreign investors seeking 100% ownership, options such as a Civil Company or Sole Establishment are available. However, in the case of a Civil Company or Sole Establishment, a UAE national must be appointed as a local service agent (LSA) to fulfill the legal requirements.
Commercial Trade License
Mainland companies engaged in buying, selling, or any type of trading activity require a commercial trade license to operate in the UAE. This license is applicable for both specialized and general trading activities and can be used to establish a Limited Liability Company (LLC) or a Sole Establishment. It is crucial to apply for the correct type of commercial trade license that aligns with your specific trading activities during the company formation process.
Entities such as broadcast and communications companies, rental transportation services, retail companies, construction companies, healthcare businesses, real estate businesses, and other general trading entities in Dubai must also obtain a commercial trade license.
Industrial Trade License
Businesses intending to engage in industrial or manufacturing-based activities in the UAE must obtain an industrial trade license. This license allows them to conduct activities related to converting natural materials or incorporating natural resources into their end products. While the Department of Economic Development issues the industrial trade license, additional approvals may be necessary from the Ministry of Finance, Ministry of Economy, Ministry of Energy and Infrastructure, and other relevant authorities, depending on the specific industrial activity involved.
Seek Expert Assistance for Starting Your Business in Dubai
Navigating the various licenses and permits required for operating a business in Dubai mainland can be challenging. It is advisable to consult with a business setup specialist to ensure compliance with the licensing and regulatory requirements specific to your business activity.
As the leading corporate service provider in the UAE, Virtuzone can assist you in starting your company with the appropriate Dubai mainland license, setting you up for future growth and success. Virtuzone also offers value-added business support services that can help your company thrive in a competitive market.
If you need assistance in choosing a trade license for your business, contact us today, and our team will be happy to help.
Requirements for Obtaining a UAE Trade License
When applying for a mainland license in Dubai, the process must be carried out through the Dubai Economic Department
To obtain a trade license in the UAE, the following legal requirements must
Determine the category of your business, whether it is professional, commercial, or industrial.
Determine the specific business activity.
Determine the legal structure of your business entity.
Determine the trade name for your business.
Register your trade name with the local Department of Economic Development.
Register your trademark with the Ministry of Economy if applicable.
Depending on the legal form of your business, you may also need to complete and sign a Memorandum of Association (MoA) or a local service agent agreement (LSA). The MoA is required for business legal forms such as Limited Partnership, Public Joint Stock Company (PJSC), Limited Liability Company (LLC), and Private Joint Stock Company (PrJSC).
