START A MAINLAND LICENSE IN DUBAI
about dubai economic
The Dubai Economic Department has made it easier to acquire and renew Trade Licenses. Whether you are an existing or aspiring business, this streamlined process ensures more efficiency and less paperwork. With streamlined registration, you can be assured that your business can get up and running quickly. Furthermore, they have simplified the entire license renewal process, so that you can have peace of mind knowing that your documentation is up-to-date and compliant. This streamlined approach ensures that your business can stay compliant with all government regulations, without any added stress.
Start now and take advantage of the Dubai Economic Department’s optimized new, renewal and any changes for Trade Licenses.
Benefits
Dubai Mainland license is easier to access now through DED or in new System invest in dubai, anyone can start a business inside the UAE and abroad. Select the current business activities when submitting online
- You Can Start With 100% Ownership
- Local Sponsor Not Required
- Can Open Bank Account
- Can Operate Without A Location
- Possible To Apply Investor Visa
DED ACTIVITIES
The DED is a dynamic entity that encompasses a vast array of activities, making it a cornerstone of economic growth. To gain a comprehensive understanding of the DED’s contributions, one must explore the extensive DED Business Activity List or DED Dubai Activity List that outlines its key functions and services.
At the core of its operations, the DED is responsible for licensing businesses across various sectors. It oversees and regulates these entities to ensure compliance with established guidelines, promoting fair competition, and enhancing business activities. This ensures that companies operate within the framework of the law, which is vital for a thriving business ecosystem.
Additionally, the DED helps in encouraging foreign investments and supports the development of Dubai as an international business hub. It offers services that facilitate trade, industrial activities, and commerce, contributing significantly to the emirate’s economic expansion.The department also takes a proactive stance in supporting entrepreneurs and SMEs (Small and Medium-sized Enterprises) by providing them with a conducive environment for growth. This nurturing approach not only fosters innovation but also creates employment opportunities and diversifies the economic landscape.
There is some simple steps to start a business in Dubai, the mandatory thing is mustly you know the business categories in the license, as mentioned below:
- Step 1- Registration of Business Name
There is some proceedures before registering a company in Dubai. The primary step is to decide your business name and register in Department of Economic (DED Dubai) or (Invest in Dubai), new system developed by smart Dubai for Online business owner.
- Step 2- Get Ready To Initial Approval
Prepare Details of Partners, managers, Capital Amount and Activities. You should mention the partners name, (Specify manager (from confirmed partners or Outside) partners share percentage, company capital amount with partners total share, and some selected activities. The license will finalize depending the activity, the activity types are:-
- Professional: Issued a license to service providers, professional and craftsmen, artisans professional license.
- Commercial: The license is issued with any kind of trading activity then license commercial.
- Industial: Engaged with any kind of manufacturing or industial activity will change to Industrial license.
- Step 3- Signing Of Partners Agreement
As per the new rules expat/s can open a commercial license without a Emarati person, The professional license can operate singly for UAE and GCC Citizens, the exparts should be add one UAE citizen as (Local Service Agent) in sole and civil establishment for the license benefit. Not manditary to share any percentage from license (but provide amount which agreeded sponsor fee only). the LLC can operate expats without these. The capital amount, patners shares, sponsor fee of local service agent, managers, You can add a person as a manager/s which not in the and banking authorities mandatory in the civil agreement, local service agent agreemet and LLC Agreement if Single owner LLC these are manditory.
- Step 4- Get License Printed
The final step is submit these all documents including Ejari Contract, and all share holders passport, visit/ residence page, emirates id copies in Department of Economic Development to issue payment voucher of the License. The payment voucher paided the license will issued.