Mainland Company
Overview
MAINLAND COMPANY FORMATION IN DUBAI- UAE
A Mainland Company in Dubai is the most lucrative and attractive investment option for investors and businessmen from all over the world. Mainland business allows businesses to operate and perform business activities within Emirati jurisdiction and internationally.
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The Department of Economic Development in Dubai, also known as the DED, is responsible for handling new Dubai Mainland company formations. They provide the Dubai Mainland license which allows you to perform the business activities of your choice anywhere in Dubai.
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Implementing reforms to the Commercial Companies Law with effect from June 2021 by the Government of UAE will transform the future of business. The UAE government has allowed for 100% foreign ownership for the businesses located on the mainland. Earlier, the ex-pat business owners were only allowed to own a maximum of 49% ownership of their business while the remaining 51% share belonged to the Emirati sponsor. Now, the foreigners opening a company in Dubai will no longer need an Emirati shareholder in the company as per the UAE company law.
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Beijing Green Cooperate Services Provider LLC provides business consultation for obtaining a Dubai mainland license and starting your business in the most demanded locations of the UAE. We help you save time and cost of Dubai trade license, ensuring your mainland license in Dubai, UAE is in accordance with the Dubai Economic Department
ADVANTAGES OF MAINLAND COMPANY
The Department of Economic Development in Dubai has been set up to attract foreign investment, The UAE has business-friendly policies that translate directly into economic empowerment and progress for both the country as well as investors.
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100% Ownership Control
Traditionally, 100% foreign ownership of a UAE company was only possible. When setting up in a free zone or offshore company
HH Sheikh Mohammed bin Rashid Al Maktoum has allowed 100% foreign ownership of mainland companies in the UAE. This has been a welcome change for prospective overseas investors looking to conduct business in the Emirates. This is great news for international investors new to the Emirates. 100% foreign ownership means business owners can get straight down to business, without the need to canvass for an Emirati company or individual to act as a partner. 100% foreign ownership of mainland UAE business provides incredible potential for the UAE’s growth-machine economy to foreign investors.
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Location Flexibility
Mainland business can be accomplished anywhere in the country as per your business needs. Both Freezone and offshore business entities are required to operate from certain geographical locations.
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Zero Trade Restrictions
A UAE mainland company has no restrictions on trade between other businesses and has no limits on location. Mainland companies can also offer services to the government, or trade directly with consumers from anywhere in the UAE. Forming a mainland company also allows businesses to open multiple branches, building a strong presence throughout the Emirates.
Access to Lucrative Government Contracts
Any incentive for mainland company formation in Dubai is that government tenders are big business in the UAE. In recent years, the Abu Dhabi Executive Council approved AED 17.5bn (USD 4.76bn) of spending on government projects, As an established mainland company in Dubai, you’ll be well-positioned to take advantage of such lucrative government contracts.
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Corporate and Income Tax Exemption
Mainland companies can enjoy the benefit of corporate and income tax exemptions. In many countries, foreign investors are required to pay a considerable amount of money in the name of corporate tax.
Capital Incentives
Being a pro-business government, UAE has so many concessions and incentives in store for investors. There is no restriction like a “minimum capital prerequisite” to set up a business in the mainland UAE.
LICENSE CATEGORY IN MAINLAND COMPANY
COMMERCIAL LICENSE
Commercial License in UAE is mandatory for any business establishment that aims to buy or sell commodities. This license is necessary to conduct trading both in and out of the Emirates.
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There are many business activities that make use of a valid Commercial Trade License in the UAE. And some of the major activities are goods and commodities trading, import and export, real estate business, logistics enterprises, and a lot more.
There are many business activities that make use of a valid Commercial Trade License in the UAE. And some of the major activities are goods and commodities trading, import and export, real estate business, logistics enterprises, and a lot more.
TYPE OF COMPANY IN MAINLAND
MAINLAND COMPANY FORMATION LOCATION IN DUBAI - UAE
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The foreign investor or the ex-pat owner can hold 100% ownership in the Mainland company in UAE as per the latest policy. But the greatest benefit is that the mainland company can operate the business across the length and breadth of the UAE. Mainland company operations are not restricted to the geographical boundaries of the free zone. At Beijing Green, we offer reliable services for any kind of business setup in Dubai mainland. Here are the most preferred locations to start a mainland company in Dubai.
SHEIK ZAYED ROAD
Sheikh Zayed Road
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The key business and tourist destinations like Dubai World Trade Centre, Emirates Tower, Financial Centre, etc are located along the most happening Sheikh Zayed Road. The world-famous Burj Khalifa stays very close to Sheikh Zayed Road. Sheikh Zayed Road offers scenic beauty too.
DEIRA
Deira
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Deira – being one of the oldest localities of Dubai is home to the workforce populace. The region has so many apartments, hotels and is a bustling place. Deira is a desirable niche for many SMEs.
BUSINESS BAY
Business Bay
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Business Bay is a fast-paced developing region in Dubai. Many projects and developmental activities are taking place in the region. Business Bay is deal for investment in the hospitality sector. The close proximity to Burj Khalifa is another added advantage. Other preferred locations to start mainland company in Dubai are Al Qusais, Bur Dubai and Al Quoz.
AL QUSAIS
Al Qusais
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Al Qusais is an outlying region of Dubai. Even though it is located in the suburbs of Dubai, Al Qusais has well-developed infra-structure facilities. The region comprises of housing areas and various industrial establishments. Therefore, the region is ideal to start service-oriented endeavours, educational concerns, hospitals, and trading ventures. If you are looking for an economical option, setting up your business venture in Al Qusais can be helpful.
FAQ
FREQUENTLY ASKED QUESTIONS ON UAE COMPANY FORMATION
