Ideal for skilled professionals, consultants, and service providers
Dubai’s dynamic economy offers vast opportunities for professionals seeking to establish their presence in the UAE. A Mainland Professional Company setup is ideal for individuals and groups providing specialized services, allowing them to operate seamlessly within the local market and beyond.
A Mainland Professional Company is a business entity registered under the Department of Economic Development (DED) in Dubai, specifically designed for professionals offering non-commercial services. This includes sectors such as consultancy, legal services, accounting, IT, and more. Unlike commercial companies, professional companies can be wholly owned by expatriates, with the requirement of appointing a Local Service Agent (LSA) who does not hold any shares or have a say in company operations.
Key Benefits of Setting Up a Mainland Professional Company
- 100% Foreign Ownership: Professionals can fully own their company, providing complete control over business decisions and profits.
- Access to Local and International Markets: Operate anywhere within the UAE and expand services internationally without restrictions.
- No Capital Requirement: Most professional company setups do not mandate a minimum capital investment, making it cost-effective for startups.
- Unlimited Visa Quotas: Eligibility to apply for an unlimited number of employee visas, facilitating business growth.
- Engagement with Government Projects: Ability to bid for and execute government contracts, enhancing business credibility.
Steps to Establish a Mainland Professional Company in Dubai
- Determine the Professional Activity: Identify the specific professional service you intend to offer, ensuring it aligns with DED’s permitted activities.
- Choose a Company Name: Select a unique and appropriate trade name that reflects your professional services, adhering to DED naming guidelines.
- Appoint a Local Service Agent (LSA): Engage a UAE national to act as your LSA. The LSA has no ownership or decision-making authority but is required for liaising with government departments.
- Apply for Initial Approval: Submit the necessary documents to the DED to obtain initial approval for your business activity and trade name.
- Draft and Notarise the Local Service Agent Agreement: Prepare an agreement outlining the responsibilities of the LSA, which must be notarised by a public notary.
- Secure Office Space: Lease a physical office space compliant with the Ejari system, as a physical address is mandatory for mainland companies.
- Submit Final Documents and Pay Fees: Provide all required documents, including the lease agreement and notarized LSA agreement, to the DED and pay the applicable license fees.
- Obtain the Professional License: Once approved, the DED will issue your professional license, allowing you to commence business operations.
- Apply for Visas and Labor Cards: Proceed to apply for employee visas and labor cards through the Ministry of Human Resources and Emiratisation (MOHRE).
- Open a Corporate Bank Account: Choose a suitable bank to open a corporate account, facilitating smooth financial transactions for your business.
Why Choose StartormUAE for Your Professional Company Setup?
Navigating the legal and administrative procedures of setting up a professional company in Dubai can be complex. StartormUAE simplifies this process by offering:
- Expert Consultation: Guidance on selecting the appropriate professional activity and company structure.
- DED Liaison: Assistance with trade name reservation, initial approvals, and license issuance.
- LSA Arrangement: Facilitating connections with reliable Local Service Agents.
- Document Preparation: Support in drafting and notarizing necessary agreements.
- Office Space Solutions: Help in finding and leasing compliant office spaces.
- Visa Processing: Handling employee visa applications and labor card processing.
- Banking Assistance: Guidance in opening corporate bank accounts tailored to your business needs.
Get Started with StartormUAE
Embarking on your professional journey in Dubai is a significant step. Let StartormUAE be your trusted partner in simplifying the setup process, ensuring compliance, and setting a strong foundation for your business success. Contact us today to begin your professional company setup in Dubai!
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