Launching a business in Dubai is an exciting venture, particularly with the advantages that come from obtaining a mainland license. This license allows for a broader range of business activities and also provides direct access to the local market. To ensure a smooth startup process, it’s essential to understand the requirements and steps involved in obtaining a Dubai mainland license.
Define the nature of your business activity:
The first step in starting a business is to define the nature of your business activity. The Department of Economic Development (DED) in Dubai categorizes business activities into various types, including commercial, professional, and industrial. Each category has specific licensing requirements, so it’s important to identify the activities you plan to undertake. Ensuring that your chosen activities comply with the DED regulations will pave the way for a smoother licensing process.
Local partner or sponsor:
One of the unique aspects of obtaining a mainland license is the requirement for a local partner or sponsor. This individual or company must hold at least 51% ownership of the business. Selecting a trustworthy local partner is vital, as they will play a significant role in the business’s operations and decision-making. Ensure that your partner has a good understanding of the market and can provide valuable insights to help your business succeed.
Business name registration:
Choosing a unique and suitable name for your business is essential. Your business name must comply with the DED’s naming conventions, avoiding any offensive language or references to religious or political entities. Once you have decided on a name, you will need to register it with the DED to secure your brand identity. This step is important to prevent any legal issues in the future.
Gather the required documents:
Gathering the required documents is a key step in the application process. Commonly required documents include:
- Application form
- A copy of your passport and visa
- A no-objection certificate from your local sponsor
- A business plan detailing your proposed operations
- Office lease agreement
Ensure to double-check the DED’s specific documentation requirements, as they may vary based on your business type.
Once you have all the necessary documents in order, you can submit your application to the DED. After review and approval, you will receive your mainland license, allowing you to start your business operations. It is important to note that you must also register for other necessary permits, such as municipality approvals, depending on your business activity.