Types of License in Mainland

As the craze among the business owners for starting a business in the United Arab Emirates has been increased a lot and it is the best time to start a new business in the UAE. But on the other hand, there are a lot of concerns that arise in mind, before Business Setup in Mainland. The biggest issue that arises in everyone’s mind is what are the different types of Licenses in Mainland? If you are facing the same issue, then you do not worry Business Link is always here to resolve such issues. Company formation in dubai

What is Mainland License?

Before understanding the types of licenses, you must have an idea about what is it. It is the type of license, which makes people run their business inside the UAE.  The Mainland license is offered when a business owner wants to run their business within the area of Mainland. In this case, a business owner got the authority to run a business within any area of UAE.  In Mainland business, there will be no restrictions for visas and doing work. Company formation in dubai

It is very much important that a business owner must have a financial audit. One must fulfill all the pre-requirements suggested by the UAE mainland company before starting a business.

Types of license in Mainland business Setup

Industrial License

The industrial license is the best choice for all those businesses having industrial activities. As its name implies, that this license is beneficial for all those, who require manufacturing or industrial activities.

List of the activities which are involved in industrial license includes

  • Garments manufacturing License
  • Meats products manufacturing
  • Uniforms manufacturing
  • Plastic Bottles & Containers manufacturing
  • Fishing net making
  • Animals & Birds Feed manufacturing

Commercial license

It is the license, which covers all the trading activities. Some of the major activities, which are included in this are: spare parts trading, safety equipment trading, fire fighting & safety equipment trading, building cleaning equipment trading, and many more.

List of activities, which come under commercial license

  • Oil & gas trading
  • Gold & Precious metals trading
  • Computer Software trading
  • Medical gas trading
  • Office Furniture Trading

Professional license

Some of the major activities, which are involved in the professional license include tax consultancy, construction engineering consultancy, science & Technology consultancy, and many more.

Some of the activities, which come under the professional license

  • Waste Management & Recycling
  • Agricultural consultancy
  • Customs consultant
  • Project development consultant
  • Fire safety consultant
  • Electronic Engineering consultant
  • Public relations management
  • Advertising consultancy

Conclusion

If you want to have further assistance, then you can consult with Business Link UAE, who are having all the expert knowledge about the business setup and they have the best team, who will resolve all your issues related to the Mainland Company formation in UAE and assure you that you will always have the best services from them.

 

How to set up a restaurant business in UAE.

The food or restaurant business is the only business, which is very famous in Dubai, and people from different regions across the globe set up their business in the United Arab Emirates. In the last few years, thousands of restaurants are opened in Dubai from multiple cuisines, which makes Dubai one of the best places for starting up a restaurant business in UAE.

But starting a new food is very much challenging for business owners as they all face a lot of concerns while setting up a new business. But you do not get to worry Business Link is always here to help you in starting a new business and they are the ones who can answer you about How to set up a restaurant business in UAE?

Steps required to set up a restaurant business in UAE:

Get a trade license

The first step for getting a new restaurant business is to get a trade license. For getting a license, it is very much important that a person must follow the right path, and Business Link is the one, who offers the best consultation related to it.

Choose any preferred Location

Location is the most important factor when you want to run a restaurant business. There are many different zones in Dubai, which are very much established where a business owner can easily start a business. No matter, whether you want to start a business in the residential sector, you will find out the best and highly secure zones in Dubai.

Choose whether you want to opt for free zone or Mainland

While you want to run a restaurant business in Dubai, then you have two choices for starting a business, which are a free zone and On-Shore. While you will choose a free zone, then you have to pay less to establish your business.

On the other hand, if you will choose Mainland, then you will get a lot of advantages for starting a business including flexibility in employment, benefit in choosing the right business location,  and the process for setting up a business is very much easy.

What are the various pre-requirements of running a restaurant business in the UAE?

  • One must meet all the minimum set of standard as suggested by the Food control department
  • A restaurant must have stainless steel shelves
  • There must be a separate basin for washing hands.
  • There must be a chimney installed in a cooking area, and it must 2 meters high
  • The wall, floor, and roof must be fireproof, non-absorbent, and washable.

Still, you are having any issues, then you can reach Business Link, who can guide and assist you at every step of setting up a Restaurant Business in UAE. Business Link will help you with all the legal formalities and approvals to ensure that you get in a cost-effective manner.
Here you will meet the expert guidance and which can make you run your restaurant business wisely. We thrive to make the process of your Company Formation in UAE  hassle-free, no matter which business package you pick.

Local sponsors vs Corporate sponsors in UAE

Sponsorship is an important aspect of Business Set up in the UAE. One can opt either for the local sponsors or corporate sponsors in UAE. The choice depends on a variety of factors like the purpose of business, activities associated, the investment required, and the operating jurisdiction. The nationality of the investor or entrepreneur also plays a major role. business in dubai

Local sponsors vs Corporate sponsors in UAE

Local 

 

 

The UAE government has made it compulsory to have a local sponsor who wishes to do business in the mainland. According to the laws set by the UAE government, the local sponsor should be a legal citizen of the UAE and should be the owner of 51% of shares while foreign investors can have only 49%. Local sponsorship is compulsory only when the business is in mainland jurisdiction. The above conditions are not applicable if one needs to set up business in Freezone

Finding a local sponsor while setting up a business in Dubai is not an easy task. A local sponsor in Dubai is usually an individual who is a citizen of the UAE. The Local sponsors do not have any interest in the LLC Company. At the time of legal formalities of the government like labour, immigration, and others, we require local sponsors. Therefore, the foreign investor need not worry about interference from such local sponsors.

However, the individual sponsors will have to be paid an annual fee for their services. He/she will need to move around the country for various business purposes and will be responsible for signing all-important business documents. Therefore, the best way to find a reliable local sponsor is through a business consultancy. Business Link provides a cost-effective & trustworthy sponsor for setting up a business in UAE.

 

Corporate Sponsor services in UAE

In Local sponsorship, only a single individual involved. In the case of corporate sponsorship, an entire business entity involved. So, instead of an individual 51% of shares will now be held by the corporation owned by one or multiple citizens of UAE. Corporate sponsors in Dubai are business organizations fully under the ownership of UAE citizens. The Board of Directors is part of this organization.

When the business requirements are large, corporate sponsorship is one great way to get your brand running in mainland UAE. There is a limit on the number of corporations with which the partnership can be formed.

The foreign investor will have complete control over the business activities, and the corporate sponsor does not interfere. The ex-pat will have to pay a lump sum to the corporation every year. All profits made from the business will be the direct benefit of the foreign investor. The entire corporate team is also there to support your business in the UAE, which is far better than an individual sponsor. The risks involved are much less with corporate sponsors but they are a costly affair.