GST Takes care of each step Company formation in the UAE mainland involves the establishment of a business within the jurisdictions not designated as free zones. The process is governed by the laws of each emirate and the federal government. Here is a general overview of the steps involved in company formation in the UAE mainland:

1. Choose a Business Activity:

   • Clearly define the nature of your business activities as it will impact the type of license you need to obtain. Certain activities may require special approvals from relevant authorities.

2. Select a Business Structure:

   • Choose the appropriate legal structure for your business. Common structures include a sole proprietorship, partnership, or limited liability company (LLC). The LLC is a popular choice for foreign investors.

3. Find a Local Partner or Sponsor:

   • If you opt for an LLC, you will need a local partner who holds at least 51% ownership. This local partner can be an individual or a corporate entity.

4. Choose a Business Name:

   • Select a unique and acceptable business name. It should comply with the naming conventions set by the relevant authorities.

5. Draft the Memorandum of Association (MOA):

   • Prepare the Memorandum of Association, which outlines the business activities, the roles of partners, and the capital structure. This document needs to be notarized.

6. Submit Initial Approval Application:

   • Submit an application for initial approval to the Department of Economic Development (DED) or the relevant authority in the emirate where you plan to establish the business.

7. Lease Office Space:

   • Obtain office space in the UAE as per the requirements set by the authorities. This is a prerequisite for company registration.

8. Finalize Legal Documents:

   • Finalize legal documents, including the local sponsorship agreement and lease agreement for the office space.

9. Submit License Application:

   • Submit the complete application, including all required documents, to the DED or the relevant authority. The authorities will review the application and issue the necessary approvals.

10. Pay Fees and Obtain License:

    • Pay the required fees and receive the trade license from the DED or relevant authority. The license will specify the approved business activities.

11. Register with the Chamber of Commerce and Industry:

    • Register the company with the local Chamber of Commerce and Industry. This step is essential for gaining membership benefits and participating in local business activities.

12. Register with the Ministry of Labor:

    • Register the company and its employees with the Ministry of Labor to comply with labor regulations.

13. Register for Tax:

    • Depending on the emirate and the nature of the business, register for taxes with the Federal Tax Authority (FTA).

14. Open Bank Accounts:

    • Open a corporate bank account in the UAE using the obtained trade license.

15. Obtain Additional Approvals:

    • Depending on the nature of your business, you may need additional approvals from specific regulatory bodies or ministries.

It’s important to note that the specific requirements and procedures can vary slightly between emirates. Working with a local business consultant or a professional services firm that specializes in company formation can help streamline the process and ensure compliance with all regulations.