There’s no denying that Dubai has enjoyed significant economic growth in the past few years. This growth can be particularly identified in the tourist and hospitality sectors. This has directly resulted in food imports seeing a rise, as has agricultural growth for the production and trade of agricultural products within the region.
Its essential mentioning that the Dubai Economic Department (DED) promotes the expansion of the agriculture sector- by essentially providing Mainland business setup Dubai opportunities for diverse agricultural operations. To put it simply, the Emirati government encourages foreign investors to enter the agriculture businesses- they essentially receive business setup procedures and numerous incentives from the government.
Benefits of an Agriculture Commercial License
- Allows The Licensee To Do Business With Other Mainland Businesses
If you are a first-timer, you must realise that a commercial licence from the Dubai Economic Department (DED) can benefit your Mainland business setup Dubai. This is essential since it can trade with other mainland-registered companies. You must note that the agriculture sector has shown to be more profitable on the mainland.
- Allows Businesses To Engage In A Variety Of Commercial Activities
When you have agriculture licence issued from the Dubai Economic Department (DED), you have permission to participate in various commercial activities available in the UAE. It is essential to mention that an agricultural licence covers the trading of products and operations such as farming and growing crops.
Benefits of a Professional Agriculture License
- May Allow Flexibility in the Location
There’s no denying that a professional or commercial licence is appropriate for agriculture-related activities. Furthermore, it also promises superior Mainland Company Setup Dubai location flexibility. If you are a first-timer, you must essentially realise that agricultural, commercial and professional licences allow the licensee to set up agricultural business across the UAE.
This is essentially different from obtaining a licence from a free zone- where the licensee is limited to the free zone’s designated territory. As per the experts, such a level of adaptability contributes to higher market visibility in the region.
- Allows For 100% Foreign Ownership
Then again, it is essential to mention that owing an agricultural licence can be extremely useful. This is fundamental since it allows the licence holder to own the Mainland business setup Dubai. However, you will require certain dynamics, such as the necessity that a UAE national (local) service agent can obtain the licence.
Business Setup Consultants in Dubai
If you are a new business owner who’s planning to start a Mainland Company Setup Dubai, there’s no denying that establishing a firm on the Dubai mainland could be incredibly tough. The internet is completely staked with countless options to help you with the cause.
Your best choice must essentially include an organisation that promises experienced business setup experts. They should be qualified enough to assist with the procedure and collection of essential paperwork. The best ones will have a track record of delivering good results on time.
You Can Start a Farming Business in Dubai
Detailed observation will essentially tell you that organic farming is fast becoming an extremely profitable sector in Dubai. This is why the Ministry of Climate Change and Environment (MCCE) aggressively encourages investors to set up agriculture businesses in Dubai. Your potential agriculture business setup experts can help those who are starting a business in Dubai with the business registration process.
Registering a Farming Business in Dubai
It is essential to mention that all foreign investors that are interested in Starting a business in Dubai must immediately complete the business setup process. The procedure essentially includes choosing a trading name, writing and filing the memorandum and filling out a business form. If you have a professional business setup expert team by your side, you can delegate the complex responsibilities (such as registering an agricultural business) to them.
Types of Farming Activities in Dubai
The MCCE regulates various agricultural activities in Dubai, and certain licences are required for each activity. A typical Emirati agricultural company can engage in a range of activities, including:
- Aquaculture
- Livestock Farming
- Agricultural Activity
Licenses for Entering the Farming Industry
The following special permits are required to set up an agricultural business in Dubai:
- The Aquaculture Permit
- Permit for Livestock Production
- License for Agricultural Activity Practice
Department of Economic Development (DED)
In the United Arab Emirates, trade licenses are issued by the Department of Economic Development (DED). This will essentially allow you to do business legally in the region. If you are a first-timer, you must essentially realise that the type of trade licence you require is fundamentally determined by the type of business you’ll be conducting. You will need approvals and authorisations from various institutions for different commercial activities. Hence, you must ideally understand your Mainland Company Setup Dubai activities and structure when applying for a trade license.
You must remember this before setting up your agriculture company in the UAE.
- The central bank of the United Arab Emirates typically approves banks. Similarly, the Ministry of Economy and Commerce gives insurance and other related agencies approvals.
- The Ministry of Finance and Industry provides authorisations to all manufacturing companies.
- The Ministry of Health does the same for Medical and pharmaceutical enterprises.
- The Knowledge and Human Development Authority is in charge of approving education-related businesses.
- The Municipality for Food Department approves food-related companies.
Final Thoughts
Before entering the market, you must essentially learn that the Ministry of Climate Change and Environment (MCCE) has long shifted its focus on the farming sector in the UAE- as mentioned already. They have made it a point to use cutting-edge technologies to help the local farming sector. There’s no denying that urban gardening is vital for the future of Emirati cities such as Dubai. Hence it’s pretty much safe to claim that the farming sector is key to food security in the foreseeable future.
Moreover, you will be entitled to receive federal and local government programmes that aim to encourage agriculture sectors to be competitive. The fundamental purpose behind programs is to support and finance modern farming techniques. You must consider Dubai Business Setup to help you set up your agriculture Mainland Dubai Company Formation.
