Dubai Economic Development (DED)
To have a mainland company Dubai Economic Development is the licensing authority. For Mainland Company Setup in UAE Elevate team is well experienced to understand any initial business plan of a proposed business owner.
Having a Mainland Company Setup in UAE allows you to be present in many prestigious locations in Dubai. As Dubai is an internationally preferred business, more than 200 nationalities are operating their business in Dubai into various sector.
No Corporate Tax, Highly Secured personal life and business environment with a robust Banking system.
The Department of Economic Development (DED) is the government body entrusted to set and drive the economic agenda of the emirate of Dubai, UAE. The DED supports the structural transformation of Dubai into a diversified, innovative service-based economy that aims to improve the business environment and accelerate productivity growth.
The DED and its agencies develop economic plans and policies, identify and support the growth of strategic sectors, and provide services to domestic and international investors and businesses.
The DED is also a proud winner of the Distinguished Government Entity in the Dubai Government Excellence Programme 2012.
DED Type of License:
Commercial Trading: Firms which carry out operations in the field of import-export, distribution, consolidation, and storage or warehousing can opt for a commercial license. A commercial license allows a maximum of 3 similar product lines.
General Trading: A general trading license is similar to a commercial license, although it allows a relatively larger number of product lines when compared to commercial licensing.
Industrial: An industrial license gives its holder the authority to import raw materials from other nations, turn them into finished goods and ready them for sale.
Service: A service license permits its holder to provide services which are mentioned in the license contract. The license holder can provide all type of services until and unless otherwise restricted by the federal or local authorities.
Advantages of Starting a Company in DED:
Flexibility to do business in any part of the UAE with local and government authorities.
No limit on the number of visas (depending on the size of the office space)
Office premises anywhere in mainland Dubai.
A DED company can be a Limited Liabilities Company (LLC), Sole Establishment, CIVIL company or Professional License depends on the business. It can be a Foreign Company’s branch. License Type depends on the activity you choose.
You need to have Local Service Agent or Local Emirati Partner to have a DED registered company formation. Team Elevate can arrange a reliable and ready to help Local Partner. Team Elevate has made company formation so easy and hassle-free for many.