Business establishment in Dubai Mainland
Registration for business setup in Mainland will allow entrepreneurs to operate their business from any part of UAE. They will be free to choose their company’s location anywhere without going through any hassle regarding legal procedures to get their license in Dubai.It is a simple incorporation route that even the process of employment visa can be finalized easily.Once the interested investors get to accomplish all several requirements for their business setup, they can immediately start their business plan management.
The UAE mainland is the part that serves as the core for most business operations. An onshore company creation area where business entities need to be permitted by the Department of Economic Development (DED) to operate their business establishment freely.
Here are the key steps to set up a business on the mainland.
INVEST IN DUBAI:
Invest in Dubai’ (IID), the integrated digital business set-up platform launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has recorded robust growth in its use, reflecting Dubai’s growing position as a leading global business destination for investors and entrepreneurs locally and globally.
IID offers a unique business set-up experience backed by Dubai’s advanced smart solutions. The largest one-stop-shop platform of its kind, it enables investors to obtain trade licenses and launch their business in a matter of minutes digitally from the comfort of your home. ICONS assist you through your via invest in Dubai and all sorts of technical supports related to this digital platform.
Business Activities:
An official change has been finally set stating that a local sponsor is no longer required to obtain a Dubai mainland license as of June 2021.
Following the easing of ownership restrictions, Dubai Economy clarifies that international investors can now establish their business on the mainland with 100% ownership including over 1,000 commercial and industrial activities.
There are more than 2100 business activities available in Dubai mainland:
● Professional Activities
● Commercial Activities
● Industrial Activities
● Tourism Activities
Popular Mainland Business Activities:
Business endeavors:
There were approx. 31,000 new trade licenses registered within the years 2020 – 2021, during pandemic.
Entrepreneurs from around 117 countries around the globe enter UAE market through establishing their business in Dubai Mainland.
Around 37% percent of the entrepreneurs were aged between 25-35 Years.
Activities undertaken as main aspects of mainland business startup:
Effective initiatives in the mainland business:
● 342 Tourism Licenses
● 1153 Cafeterias and restaurant licenses
● 487 Real Estate Licenses
● 204 Gold licenses
● 204 Medical facility Licenses (hospitals, Clinics)
Source: DED press release on August 1st 2021