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You are here: Home1 / Company in Dubai2 / Types of Entities in the UAE3 / The Mainland Company
  • The Mainland Company

Presentation

Overview

RegistryRegistry in each Emirate.
Authorized activitiesTrading, Consultancy & Services, Manufacturing, etc.
Capital minimumAED 300,000
Capital releaseNot Applicable.
ManagerMinimum of one. Must be a natural person.
PartnersAny natural person of at least 21 years of age, or a legal entity.
Mandatory Local Sponsor/ Agent100% ownership for Trading activity.
Local Agent for other Consultancy, and Services.
Bank AccountCompany Bank Account
AccountingMandatory.
AuditsMandatory, but not by the Registry.
Registration TImeline2-3 weeks

Different types of Mainland companies

A foreigner can form 2 types of companies:
1.  A Professional Company. A Professional Company can have only one partner (it is called a Sole Establishment) or several (it is called a Civil Works Company).
2. A Limited Liability Company (= LLC).

3 points should be noted concerning the difference between a Professional Company and an LLC:
1. The partners of a Professional Company are unlimitedly liable for the debts of the company! The partners of an LLC are only liable to the extent of their share in the company’s capital.
2. A Professional Company can only be active in the provision of services, consulting, etc. It is not possible to sell goods or manufacture (factory) with a Professional Company.
3. A professional company cannot be owned by a legal entity (i.e. its partners can only be natural persons). If necessary, it is possible to create a branch of a foreign or UAE registered company.

Which activities for your company?

An activity of consulting or selling goods has several consequences for your company:

Consulting / Services
– For professional, service and consulting activities, it is now possible for a foreigner to have 100% of the shares.
– It is required to appoint a “local service agent” who must be Emirati. His role is only to represent the company before the Registry. We provide him/her of course and his/her remuneration is fixed (AED 3,000 per year).

– The liability of the partners is unlimited! This point is very important and we invite you to be very careful about this subject, as a local dispute could have important consequences (confiscation of the passport while a dispute is being settled, etc.). It is possible to avoid this problem by registering in the Mainland a Branch of a limited liability company (contact us for more information).

Sale of goods / Import-export
– Most trading activities no longer require an Emirati sponsor. Please note: some activities still require the presence of a sponsor. We invite you to contact us to validate this point.
– It is not required to appoint a local service agent.
– The liability of the partners is limited to the amount of their participation in the company’s capital.

Pricing

Company Registration Fee
  • Payment voucher for Initial Trade Name Reservation: AED 115.50
  • Trade Name Reservation: AED 620
  • Initial Approval: AED 120
  • Typing: AED 115,50
  • Service Fees: AED 5 000
  • TOTAL: AED 5 971
Maintenance Costs Per Year
  • Trade License: AED 15 000 (est.)
  • Service Fees: AED 5 000
  • TOTAL: AED 20 000
Total Fees for Year 1
  • AED 25 971
  • TOTAL: AED 25 971
Total Fees from Year 2
  • AED 20 000
  • TOTAL: AED 20 000

Please note:
– The license fee (trade license line above) is estimated. The final cost depends on the activity and will of course be billed at the exact cost (disbursement).
– For service/consulting activities, it is required to add a Local Service Agent at a cost of AED 3,000 per year. This is not required for sales of goods/import/export activities.
– In addition to the above fees, the cost of an office (mandatory for any company) must be added. It is possible to rent a shared office (from AED 3,000 per year). The size of the office determines the number of employee visas possible: 10m2 per employee. Family visas (husband/wife/children) are not included in the office size.
– There is a 5% tax calculated on the annual value of the office rent (not applicable on a shared office).
– Visa fees are not included in the above rates (see below for visa fees).
– The above fees are to be paid in one installment for 1 year at the time of the order for the creation of the company and the first year, then every year in one installment for 1 year at the anniversary date of the company registration.

Our packages include the following:

Company formation fees (to be paid only once when the company is formed):
– Service Charge -> these are our fees (nothing to add all is included!)
– VAT and accountancy training -> we explain how VAT works and your company’s accounting obligations
– Salary Register -> establishment of the Employee Register
– Company stamp -> this is a stamp that complies with local regulations (required for opening a bank account, etc.)
– FREE assistance in opening a bank account -> we assist you in opening a bank account for your company
– FREE setup of invoicing and accounting application -> Installation and configuration of invoicing and accounting software

Company maintenance fees (to be paid once a year, at creation and then at each renewal of the company):
– Service Charge -> our fee for renewing and monitoring your company
– UNLIMITED after-sale support concerning your company in the UAE -> we provide unlimited customer support to answer all your questions
– Coordination with Accountant -> we provide a coordination service with the accountant of your company
– Coordination with Auditor -> we provide a coordination service with the auditor of your company
– Coordination with Tax Agent -> we provide a coordination service with the tax agent in charge of the VAT of your company
– Subscription to Merritt Updates -> legal, fiscal and social watch on the Emirates sent by email
– UNLIMITED access to Merritt.center -> all administrative, legal and accounting documents of your company in a secure customer portal
– UNLIMITED access to Merritt.guide -> all useful information for your company and your residence in the UAE
– Maintenance of UBO Register -> this involves maintaining and updating the Register of final beneficiaries as required by the Authorities
– Correspondence address in Dubai (including UNLIMITED scan and forward of your mails and courier) -> we scan / resend your mail as soon as it arrives according to your instructions
– FREE shared telephone number in the UAE (with answering in English and Arabic) -> shared telephone number with telephone secretary in English and Arabic
– FREE domain name + WordPress pre-installed + emails-> domain name + installation of a WordPress showcase site + email addresses on a server located in Dubai

Visa Fee

We invite you to contact us for visa rates related to a Mainland company.

  • Visa Type
    Visa Type
  • All costs to be expected
    All costs to be expected
  • Conditions to obtain the visa
    Conditions to obtain the visa
Investor visa
  • Visa Type
    For a partner
    (for 3 years)
  • All costs to be expected
    Disbursements:
    - Residential Visa: AED 5,685
    - Medical check: AED 850
    - EmiratesID: AED 270
    - Exchange Driving License: AED 1,000
    Our Fees: AED 4,000

    TOTAL: AED 11,805
  • Conditions to obtain the visa
    There are no conditions, except of course that you must be a partner of the company and over 21 years old.
Working visa
  • Visa Type
    For an employee
    (for 2 years)
  • All costs to be expected
    Disbursements:
    - Residential Visa: AED 5,685
    - Medical check: AED 850
    - EmiratesID: AED 270
    - Exchange Driving License: AED 1,000
    Our Fees: AED 2,000

    TOTAL: AED 9,805
  • Conditions to obtain the visa
    In addition to an employment contract (we provide it free of charge), depending on the job title, a copy of a diploma certified by the Ministry of Foreign Affairs and then by the UAE Embassy may be required.
Family visa
  • Visa Type
    For a spouse/child
    dependent on a partner or employee
  • All costs to be expected
    Disbursements:
    - Residential Visa: AED 2,350
    - Medical check: AED 850
    - EmiratesID: AED 370
    - Exchange Driving License: AED 1,000
    - Letters & NOC's: AED 250Our Fees: AED 2,000

    TOTAL spouse: AED 6,820
    TOTAL child>15 years: AED 5,820
    TOTAL child<15 years: AED 4,970
  • Conditions to obtain the visa
    It is required to provide a copy of a UAE rental agreement + UAE electricity bill + certified marriage certificate + certified birth certificate for children.
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Contact Form

Contact Us

Merritt Middle East DMCC
Office n°1005 – 10th floor
Goldcrest Executive Tower – Cluster C
Jumeirah Lakes Towers – Dubai
United Arab Emirates

Phone: +971 4 422 1345
WhatsApps: +971 52 557 3356
Email: support@merritt.group

All corporate services are provided by Merritt Middle East DMCC.
All legal services are provided by Merritt Legal Consultants FZ LLC.

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