The Department of Economic Development (DED) is the regulatory authority for issuing a mainland license in the UAE. A mainland license, also referred to as an onshore license, gives you the flexibility to operate inside of the UAE and outside of the UAE without any limitations. Each free zone jurisdiction has a specific list of
To change your company name you must first come up with a new suggested company name and we will seek approval from the licensing authority/jurisdiction. Upon availability of the name and the approval an advert must be placed in a local newspaper notifying this change (a legal notice of company name change). We also require
A freelance permit is ideal for sole practitioners looking to individually work as freelancers without hiring employees or leasing an office space. The permit is issued under an individual’s name and can only facilitate opening a personal bank account. Freelancers are also restricted to a particular area of operation. Get in touch with us today
An offshore company is a legal entity incorporated with the intention of operating and executing business outside the UAE. Whilst offshore companies are permitted to open a bank account in the UAE, they are not able to issue visas under the company or have a physical office within the UAE.
Whilst this could be a requirement by certain jurisdictions in the UAE, paid-up share capital is not required at the time of incorporation. At Decisive Zone, our team of experts can guide you on the most suitable setup option.
No, an NOC is not required when setting up your company and obtaining a trade license. However, if your business requires incorporation in a certain jurisdiction, our company formation experts can guide you on all the incorporation requirements.