What are the steps to getting a business license?

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Businesses that: conduct insurance activities need to obtain the approval of Ministry of Economy conduct transport activities should obtain the approval of Ministry of Interior offer legal consultancies must obtain the approval of Ministry of Justice sell firefighting equipment will need the approval of Civil Defense. After completing the steps mentioned above, a business entity […]

Are approvals mandatory for running a business in Mainland apart from DED?

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Yes. In some cases, approvals of bodies other than the DEDs are required. Businesses that: conduct insurance activities need to obtain the approval of Ministry of Economy conduct transport activities should obtain the approval of Ministry of Interior offer legal consultancies must obtain the approval of Ministry of Justice sell firefighting equipment will need the […]

What are the mandatory requirements for choosing a location for a business?

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It is mandatory that all businesses should have a physical address. The chosen location must comply with the requirements set out by the Department of Economic Development in the respective emirate and the zoning regulations of the local municipalities. In Dubai, the business should have a rent agreement (MoU) for the proposed location of your […]

Is there any need for extra approval for foreign investors to start a business?

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Yes. Foreign investors must obtain the approval of the General Directorate of Residency and Foreigners’ Affairs before getting the initial approval. Please be advised that the initial approval does not allow a foreign investor to practice the activity, unless a commercial license is duly issued, as a last step of the process. Advisory Services Mainland […]

Can you provide some information on obtaining initial approval?

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After determining the activity and the legal form and registering the trade name, you need to obtain the initial approval certificate. It is only after seeking the initial approval that you can proceed for additional approvals of authorities other than the DEDs which is required in case of certain business/trading activities. Mainland Company Formation   […]

What are the legal forms of business in the Mainland?

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The following are the company types: Joint Liability Company Simple Commandite Company Limited liability Company (LLC) Public Joint Stock Company (PJSC) Private Joint Stock Company (PrJSC) Other types of companies: Sole establishment Civil company Local Company Branch Foreign Company Branch GCC Company Branch Free zone company branch Foreign companies’ representative offices Mainland Company Formation Advisory […]