Dubai is one of the best places to live and do business. People with business acumen prefer Dubai over any other place in the world. But starting and running the business in Dubai needs a mainland license. Without a mainland license in Dubai, you cannot start and register a business in Dubai.
Fortunately, there are many ways you can get a mainland license in Dubai for your business. For Indian businessmen, it’s easier than ever to get a license and start your business journey in Dubai with ease. If you are interested in knowing how to get a mainland license in Dubai, then you are at the right place. In this post, we are going to share detailed information about the mainland license for business in Dubai.
Benefits of Getting a Mainland License in Dubai
#1 - Trading with others
To trade with the companies registered in Dubai, you need to have a mainland license. With the mainland license, it becomes easier to establish trading connections with the other companies without any issues. This is the sure shot pass to communicate with the other traders in Dubai and UAE and get your business growing.
#2 - Visa Grants
Every business gets certain visa grants in Dubai. But with the mainland license in Dubai, one can apply for unlimited Visa grants. The companies need to fulfill the requirements of the Visa grants and they can get unlimited grants as per their needs. With the unlimited visa grants, you can hire ex-pats and even get the foreign talent in your company for growing the business.
#3 - Local Business Permit
A mainland License is nothing but a local business permit. It allows you to open a business in any part of the UAE. With the grants, you can open multiple branches and offices of your business in the United Arab Emirates and not only in Dubai. This is one of the biggest benefits of having a Mainland business license in Dubai.
How to Get a Mainland business license in Dubai?
As the Dubai government is quite strict about the mainland business license procedure, you have to follow multiple steps.
Consider a Business Activity
With the business activity, you can define the nature of the business. You should choose and define a certain business activity, which makes everything easier for the owners. It makes the registration procedure smoother as you want to register the business in the right category.
Legally Incorporate the Business
Dubai Economic Development oversees all of the business incorporations. Having a legal structure and incorporating the business in UAE is essential. You can make the legal structure like the Articles of Association and Memorandum of Association.
Reserve the company name
As you cannot have the same company name as the others, the Dubai Economic development board ensures a unique naming system. Thus, you need to reserve the unique company name in the country and then proceed further.
Complete primary and secondary approvals
There are multiple types of approvals queued in the procedure of getting the mainland license. You have to apply for the primary approval first and then for the secondary approvals. Once done, you are almost ready to complete the procedure.
External Approvals
The external approvals are the toughest in Dubai. But, you need to get them before you can get the license. The ministries, municipalities, and other authorities will provide you with the necessary approvals.
Rent / buy the office space
Once you are done with the external approvals, you can buy the office space in Dubai to start the operations. You need to show the proof of rent or purchase to the authorities to get the complete Mainland business license and then can start the business operations.
Final Words
It’s quite interesting to see that people are excited to start a business in the United Arab Emirates. Dubai has become the hub for the business as it has all the necessary infrastructure for running the business. With this information, we tried our best to solve your doubts regarding getting the mainland license in Dubai. If you are having any issues, make sure to use the comment section below.