Total ownership, visas, virtual office space: Benefits of setting up a mainland company.
- You can start your own professional services mainland company with 100 per cent ownership, for less than Dh15,000 in Dubai.
- Sole establishments are a cost-effective way to go the entrepreneurial route.
- It also allows 100 per cent ownership, as opposed to an LLC.
- Sole proprietorship is becoming a popular option for start-ups.
- It is a cost-effective option, which gives you 100 per cent ownership.
While setting up a Limited Liability Company legally requires an Emarati sponsor, who has 51 per cent ownership of the company, a sole proprietorship can be a good option for entrepreneurs who want to set-up their own services.
- It is good option if you are offering professional related services.
- For a sole proprietorship, you can get a license, with the assistance of a Local Service Agent (LSA). This makes it possible to retain 100 percent ownership of your business.
- For professional license, you would not need an Emarati sponsor but Local Service Agent (LSA) is required.
- A UAE national must be appointed as a Local Service Agent but he has no direct involvement in the business and is paid a lump sum service charge. The role of the local service agent is to assist in obtaining license, visas, etc.
- The local service agent is paid a lump sum, which can vary based on the agent/type of license.
Which business activities are permitted under a professional licence?
The option is ideal for professional firms, which may engage in activities listed by the Dubai Department of Economic Development for a professional license. These include, but are not limited to:
- Consultancies
- Security service
- Cleaning service
- Carpentry
- Artisanal services
- Printing and publishing
- Internet, Graphic design and web design service
- Beauty salons
- Accounting and auditing companies
- Laundry Service
- Repairing service
- Gymnasium and body building
- Music and cultural institute....
Also as it is a mainland company, as opposed to a free zone company, you can legally conduct your business anywhere in the UAE.
Mainland companies can conduct business anywhere in the UAE.
Without office
You also do not need to invest in an office space if you want to start a small business.
Many business centers across Dubai offer virtual office options, for as low as Dh2500 a year.
|
Total cost of Sole Establishment Trade Licence
from DED Dubai (Fees in AED) |
||
|
1 |
Initial
approval from Dubai DED |
115.5 |
|
2 |
Initial
Approval Certificate |
141 |
|
3 |
Trade
name reservation |
115.5 |
|
4 |
Trade
name certificate |
741 |
|
5 |
Electronic
Memorandum |
210 |
|
6 |
Final
submission |
115.5 |
|
7 |
Payment
voucher for one year license costs from 6000... |
6000 |
|
8 |
Local
Service Agent fee can vary depending on your agent and the nature of license.
|
4000 |
|
9 |
Virtual
Ejari for one year. |
2500 |
|
|
TOTAL |
13,938.5 |
What are the documents required?
- Typed business registration and licensing application form.
- List of Trade names
- Passport copy of applicant
- NOC from the sponsor (if applicable)
- CV of the applicant, for a professional business which requires certain work experience and academic qualifications, such as licenses for all kind of consultancies.
- Tenancy contract (Ejari).
- Appointment Contract of Local Service Agent duly authenticated by the Notary Public (if the license owner is a foreigner).
- Payment voucher, which can be printed from the DED website.
Visa for partners and dependents
With a sole establishment license, you can get two visas for two partners (if there is a partner). Partner visa is valid for three years. Each partner can sponsor his or her dependents, including your spouse, children or domestic worker.
A sole establishment also makes sense for people who may be struggling with renewing their residence visas due to job loss, as you can sponsor dependents.
If the trade license holder wants to hire employees, he or she would need to apply for a visa quota with the Ministry of Human Resources and Emiratisation. (MOHRE).
The number of visa permitted may be limited based on whether you have a virtual office or a full-fledged premises.
--------------------------------
Call us for your Business set-up, Investor visa, family visa, maid visa, parents visa, Certificate attestation, Translation....requirements in Dubai.
Call us for your Business set-up, Investor visa, family visa, maid visa, parents visa, Certificate attestation, Translation....requirements in Dubai.
First Gate Business Service
Al Nahda-2, Dubai, UAE.
00971-55 273 2295, 055-345 7829, 04-239 1302, 04-2658373
www.visaprocess.ae | visaprocess.ae@gmail.com
BUSINESS SET-UP IN DUBAI
+ What is the liability of a partner at an LLC company in UAE?
+ Trade License auto renewal by sending a text message with the trade licence number to ‘6969,’
+ 'Side agreement' of a Memorandum of Association
+ How to pay Dubai Trade Licence Renewal fee in installments?
+ Trade License Renewal-Dubai
+ How to set-up a Technical Service Company (LLC) in Dubai?
+ How to set-up a Cargo Service Company (LLC) in Dubai?
+ Home business License in Dubai. What is a Trader licence?
+ General Trading License in Dubai (Five Minutes Procedures)
+ Trade License auto renewal by sending a text message with the trade licence number to ‘6969,’
+ 'Side agreement' of a Memorandum of Association
+ How to pay Dubai Trade Licence Renewal fee in installments?
+ Trade License Renewal-Dubai
+ How to set-up a Technical Service Company (LLC) in Dubai?
+ How to set-up a Cargo Service Company (LLC) in Dubai?
+ Home business License in Dubai. What is a Trader licence?
+ General Trading License in Dubai (Five Minutes Procedures)
+ Management Skills Placement Test for Consulting License in Dubai
+ DED Service Centers in Dubai.
+ Street Vending Truck; mobile business in UAE
+ ദുബൈയിലെ ബിസിനസ് സാധ്യതകള്
+ Free Trade Zones in UAE
+ 14 Business Activities will not get 100% foreign ownership in UAE
+ Import / Export Code Online Application of Dubai Customs
+ Dubai Internet City
+ MOFA-Ministry of Foreign Affairs-UAE Attestation Centers
+ Different Types of UAE Visas
ESTABLISHMENT CARD+ DED Service Centers in Dubai.
+ Street Vending Truck; mobile business in UAE
+ ദുബൈയിലെ ബിസിനസ് സാധ്യതകള്
+ Free Trade Zones in UAE
+ 14 Business Activities will not get 100% foreign ownership in UAE
+ Import / Export Code Online Application of Dubai Customs
+ Dubai Internet City
INVESTOR VISA
+ Investor / Partner Visa Requirements-Dubai
+ Investor/Partner Visa Stamping (After Entry)-Dubai
+ Investor/Partner Visa Renewal-Dubai
+ Long-Term Investment visa for expat retirees+ Investor/Partner Visa Stamping (After Entry)-Dubai
+ Investor/Partner Visa Renewal-Dubai
+ Different Types of UAE Visas
+ Immigration Establishment Card-New (Dubai)
+ Immigration Establishment Card-Renew (Dubai)
+ Immigration Establishment Card (Computer Card) Amendment
+ PRO Card: Immigration Department, Dubai
+ PRO Card - Labour (UAE)
+ e-DNRD Online Registration (Dubai)
+ Labour Establishment Card (Computer Card)-UAE
+ Update Establishment Information at MOHRE
+ What is WPS (Wage Protection System) in UAE?
EMPLOYMENT VISA
+ Employment Visa/Labour Card Renewal (Company Staff)-UAE
+ Part-time job options in UAE
+ Part-time Work Permit in UAE
+ Employment Visa Rules and Regulations (FAQs) Know your rights
+ How to file a labour complaint in UAE?
+ Arbitrary termination (UAE Lbaour Law)
+ MOHRE Tawseel Service at your doorstep
+ Status Change / Visa Position Amendment-Dubai Visa
+ Employment Visa Procedures for person who is having 6 months Ban-UAE
+ UAE Work Permit for males on family sponsorship
+ Mission Visa (Six Months)-UAE
+ Limited contract, husband’s sponsorship, ban, gratuity
+ Profession Change / Salary Increment in Labour Contract
+ Employment Visa Cancellation-Dubai
+ Air ticket to home country on completion of labour contract-UAE
+ Abscond Reporting at Labour & Immigration in UAE
+ Paid internship for UAE students (Part Time job for UAE students)
+ Part-time job options in UAE
+ Part-time Work Permit in UAE
+ Employment Visa Rules and Regulations (FAQs) Know your rights
+ How to file a labour complaint in UAE?
+ Arbitrary termination (UAE Lbaour Law)
+ MOHRE Tawseel Service at your doorstep
+ Status Change / Visa Position Amendment-Dubai Visa
+ Employment Visa Procedures for person who is having 6 months Ban-UAE
+ UAE Work Permit for males on family sponsorship
+ Mission Visa (Six Months)-UAE
+ Limited contract, husband’s sponsorship, ban, gratuity
+ Profession Change / Salary Increment in Labour Contract
+ Employment Visa Cancellation-Dubai
+ Air ticket to home country on completion of labour contract-UAE
+ Abscond Reporting at Labour & Immigration in UAE
+ Paid internship for UAE students (Part Time job for UAE students)
+ Reasons why your UAE visa application may be rejected
+ Company must pay medical bills if employee falls sick on duty
+ UAE Labour Law: Annual leave and Working Hours
+ Probation Period: UAE Labour Law
+ Paternal leave in the UAE
+ Maternity Leave-UAE Labour Law
+ Disciplinary Rules; UAE Labour Law
+ Working on public holidays entitles you to lieu day and 50% bonus in UAE; Labour Law
+ UAE Labour Law: How to file a complaint if I am not paid for overtime work?
+ Company must pay medical bills if employee falls sick on duty
+ UAE Labour Law: Annual leave and Working Hours
+ Probation Period: UAE Labour Law
+ Paternal leave in the UAE
+ Maternity Leave-UAE Labour Law
+ Disciplinary Rules; UAE Labour Law
+ Working on public holidays entitles you to lieu day and 50% bonus in UAE; Labour Law
+ UAE Labour Law: How to file a complaint if I am not paid for overtime work?
+ Your labour rights when leaving a job in the UAE
+ How to register salary delay complaint in UAE?
+ Gratuity (End of Service Benefits)-UAE
+ Part Time Work Permit in UAE (Labour Law)+ How to register salary delay complaint in UAE?
+ Gratuity (End of Service Benefits)-UAE
+ Limited Labour Contract - UAE Labour Law
+ Annual Leave; UAE Labour Law
+ UAE Labour ban
+ Notice Period to quit the job
+ Can the Employer educe the employee's salary as per the UAE labour law?
+ Labour's Bank Guarantee Refund from MOHRE-UAE
+ New job classification in UAE
