Being a business hub Dubai has set no boundaries on activities, the variety of business activities is offered by Dubai according to the requirement of an investor to form a business in the mainland. The business activities in Dubai are categorized especially into three types Professional, Commercial, and Industrial.
Professional license in mainland includes professional activities where the company provides service to the public according to the licensed activity. Professional license is engaged in non-commercial activity only. Professional activity is one of the best options for the investors who are expert on any kind of work and provide related service to the public. The foreign investor can own by 100% ownership in the professional license. It is mandatory to appoint a local sponsor as Local service agent where he will be paid annually but no direct involvement will be there in the business. The part of local service agent is to assist in getting a license, visa, labor card etc. Some examples of Professional License are:
|Accounts||Car registration & transfer services||Cleaning services|
|Consultancies||Documents destroying & storage||Event/ Exhibition organizers|
|Facilities Management Group||Tailoring and design||Gents/Ladies Saloon|
|Handicraft workshops||Institutes and education||Labour Supply & employment agency|
|Legal services||Medical Clinic/Medical laboratories||Nursery|
|motor & motorcycles driving institutes||Motor vehicle repairing||Other engineering services|
|Printing and publishing services||Repairing of electrical & electronic appliances||Repairing of equipment|
|Restaurants and coffee shops||Separate professional activities||Sewage and cleaning services|
|Sports Club||Typing and translation||Special purpose Firm|
The activity related to trading of any goods comes under the commercial license. A commercial license is the best option for those who want to engage in buying and selling goods or trading goods. Behind from trading activities, some activities are there which is classified into the commercial even though they provide services like logistic, estate broker and car rental. Department of Economic Development commonly issues the commercial license as Limited Liability Company (LLC). Expatriates cannot own commercial license by 100%. 51% of total share is owned by Local Sponsor (UAE Nationality) and remaining 49% is owned by foreign investors.
If you want to own a company by 100%, can form a company in Free Zone and stay away from 51% and 49% shareholding rule.
|Art production||Auto spare parts trading||Bags, packaging materials & paper trading|
|Banks, finance & credit group||Exchange and financial services||Beauty & baby care requisites|
|Building maintenance, surveillance and cleaning services||Car rent and passenger transport||Cinema & theaters|
|Commercial brokerage||Contracting and building works||Broadcasting and communications|
|Facility management||Filling station||Foodstuff supply|
|Fuel supply||Insurance||Office & electronic equipment rental|
|Packing services||Postal services||Supermarket/Hypermarket|
|Video and recordings||Real estate||Hospitality|
The companies that involve into the manufacture i.e. the companies who convert raw material or natural resources into the fine product are issued on Industrial License In order to set up an industrial license it is mandatory to have a physical office in Dubai as virtual offices are not entertained by Department of Economic Development. The shareholding rule 51% and 49% is applied even in industrial license where 51% is owned by Local Sponsor and 49% by the foreign investor.
Some examples of industrial Activities are:
|Block and building stones industry||Bread manufacturing||Casting of steel and iron|
|Fish canning & freezing||Food industries||Foodstuff mills and packaging|
|Glass & chinaware manufacturing/Glass industries||Goldsmith & gold repairing||Light aircraft manufacturing & maintenance|
|Meat processing||Metal containers & boxes manufacturing||Oven & stove manufacturing|
|Petroleum and metal extraction||Shipbuilding and repairing||Textiles & products manufacturing|
|Manufacturing of chemicals||Manufacturing of garments and rugs||Manufacturing of paper and paper products|
|Manufacture of medicines||Manufacture of batteries||Manufacture of eyeglasses|
|Steel workshop||Power generation and transmission||Separate industrial activities|
Trade Name Registration - 3 days to 1 week
If the company is owned by a single owner, the license will be issued as an establishment. To form a company as the sole establishment, an investor should be a citizen of UAE or GCC.
Limited Liability Company
If a company is owned by two or more partners, the license will be issued as LLC
Branch of Existing Company
If there is an existing foreign or local company and wants to form a branch in Dubai mainland, licensed will issued as the branch.
Note: For foreign companies the documents of the parent company shall be attested by the UAE Embassy in the concerned country and the Ministry of Foreign Affairs in the UAE.