Company Setup in Mainland
Mainland
Generally, four major licenses are issued for businesses operating within mainland company formation in Dubai, The licenses are issued supported the business endeavor & that they are:
Professional License: License issued for firms that undertake service-oriented endeavors. Professional licenses are required for professionals who participate in any professional activity like consulting. Compared to other licenses the value involved within the issuance of a professional license is a smaller amount.
Commercial License: License issued for those business establishments that undertake to buy and to sell of products or services or just trading. Most traders choose the overall trading license to conduct quite one trading endeavor with one license. Commercial licenses are quite common in Dubai and UAE mainland, the whole formalities connected with Professional License like issuance, amendment, cancellation are often accomplished easily.
Industrial License: License issued for firms that involve in the manufacture of products like factories, industries, etc. When it involves Industri- al License, you’ll get to seek the approval of External Ministries and government departments depending upon the sort of commercial activity.
Tourism License: All tourism-related activities require a legitimate Tourism License. The Depart- ment of Tourism and Commerce Marketing DTCM features a major role within the issuance of a Tourism license. a legitimate Tourism license is mandatory to conduct inbound and outbound tour-related activities for mainland company formation in Dubai.
Highlights
- A Customs Duty and a Low VAT Rate of Just 5%.
- Advantages of Establishing a Business in the UAE.
- Unrestricted Trade Opportunities.
- Benefits of UAE Residency Visa (Enhanced Banking Access).
- Cost-Effective Workforce Solutions Required.
- Commercial Premises Lease.
- Streamlined Banking Transactions
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