Entrepreneurs can conduct business both inside and outside of the United Arab Emirates with an onshore firm that holds a Dubai Mainland license. Trade licenses for mainland businesses are granted by Dubai’s Department of Economic Development (DED).
In Dubai Mainland, professional and commercial licenses can be applied for. The following advantages are available with the DED-issued trade license, which is regarded as more premium.

• Permits 100% foreign ownership;
• Enables business to be conducted anywhere in the UAE;
• Allows office space to be owned and rented within the Dubai mainlandI
• It is easier to create bank accounts, particularly with traditional banks;
• Doing business with government agencies;
• There are less restrictions on nationality when acquiring a trade license;
• Adding more visas to the trade license makes it much easier for a business to scale.

While a physical office is not required to form a company in Dubai, Fanar Management Consultancy’s co-working DED package would be an ideal place to start.