What is a Mainland Company in Dubai, UAE?
The mainland company in UAE is an offshore business entity that is licensed by the Department of Economic Development and the relevant Emirate government bodies. The mainland companies have the freedom to operate businesses without any limitations in the local market as well as outside the UAE.
Why is Mainland Business Setup in Dubai Ideal for Entrepreneurs, Investors, and Freelancers?
Over the years, the development and progress of Dubai has been phenomenal. It has become the safest and biggest tourist attraction due to its huge infrastructure, state-of-the-art facilities, and zero crime rate.
The business opportunities are not less than ideal for any entrepreneur, investor, or freelancer in Dubai. The strategic location of Dubai connects it with a market of over 2.2 billion customers and the government’s policies and regulations make it easier for businesses to thrive and flourish.
Some of the benefits of business setup in Dubai Mainland include:
Ease of Business Setup in UAE Mainland
In recent years, a large number of investors and entrepreneurs have moved to Dubai to set up a company in the Mainland due to the ease of forming a business, obtaining a license, paperless document submission, ease of visa policy, and tax benefits. It has in fact scored 80.9 out of 100 in ease of doing business, attracting large and small entrepreneurs to expand and reap more benefits.
The benefits of UAE Mainland companies do not require businesses to invest a huge capital. In fact, it allows small entrepreneurs and startups to form a company in Dubai on a small budget without any hassle.
No Visa Restriction
Operating a Mainland business in Dubai comes with no restriction of visa. You can obtain visas for employees without any restriction and retain a skilled workforce from around the world. Moreover, Dubai’s golden visa allows foreigners to study, work, and live in the UAE. Entrepreneurs with golden visas can live up to 10 years in the UAE, allowing them to create opportunities and expand their businesses without any limitations.
Unlimited Opportunities for Trade
Company formation in Dubai Mainland offers free trade without any restrictions. You can choose your location and operate your business anywhere in Dubai. Moreover, Mainland Company Formation Dubai allows you to connect with other companies, consumers, and even government bodies. Scaling up your business and forming multiple entities in Dubai mainland strengthens the market presence of your business significantly.
No Currency Restriction
Mainland companies in Dubai can conduct business transactions in any currency, allowing more flexibility and promoting international trade. Thus allowing more attraction to the foreigners to conduct business transactions in their own currency.
Complete Ownership of Business
In the past, only Freezones in UAE were allowed to have complete ownership and enjoy tax benefits. Government regulations and policies have now changed and whatever business you want to set up in Dubai Mainland, you can enjoy complete ownership without involving anyone to share your revenue.
Starting a business in Dubai Mainland is no less than a golden opportunity for big and small enterprises. Entrepreneurs, big and small businesses, and investors can enjoy complete freedom without involving any third party.
Process and Requirements for Mainland Company Formation in Dubai, UAE
Forming a company in Mainland Dubai, UAE is simple, hassle-free, and easy to follow. Here’s a step-by-step guide on company formation in Dubai Mainland.
Choose the Type of Business
The first step involves the type of industry you want to operate in. Dubai Mainland companies are allowed to operate business activities in several industries including but not limited to hospitality, agriculture, manufacturing, and trading. Compared to the free zone company setup in Dubai that involves limited business activities, Mainland business formation in Mainland allows you to trade in more than 2,000 DED-listed activities.
Decide the Location of Your Business
After selecting the type of business activity in the UAE mainland, the next step involves the selection of location. There is no restriction on location for entrepreneurs to set up business in Dubai Mainland. It depends on many factors such as the type of business activity and your overall budget.
For instance, if you are interested in imports and exports of goods, the ideal location for mainland business in Dubai is Mina Khalid or Jebel Ali. One of the advantages of company formation in Dubai Mainland is that you can go for multiple branches of your business, and not restrict yourself to just one location.
Decide on Business Legal Structure
Foreign investors and entrepreneurs can pick from various types of businesses to set up in Dubai Mainland. For instance, the most common one is a Limited Liability Company (LLC), which is owned by two or more shareholders. Moreover, if you wish to trade under an industrial or commercial license, the ideal way is to form an LLC company in the UAE Mainland.
Name Your Company
The next step involves deciding the name of the company that represents your value and the type of business you own. However, when deciding on a company’s name, you have to take into consideration not to use abusive, racist, or religiously offensive business names.
Apply for a Dubai Mainland License
The next step involves applying for a Dubai Mainland License from the Department of Economic Development. You need to submit several documents including the percentage of partners involved, shareholders visas, and memorandum of sponsor arrangements.
Secure Your Office Space
After obtaining the Dubai Mainland License, you are required to secure an office space. There is no need to worry as office spaces are found in abundance and maintained by third parties. The office spaces are equipped with basic necessities such as internet, phones, desks, chairs, and cabinets.
Apply for Visas
Applying for visa applications for business owners in the UAE Mainland are not limited. However, the number of visas should be applied in accordance with the office space. For instance, a 100sq ft, of office per visa is the rule. But that rule does not apply to many businesses. For instance, a digital marketing agency working with remote employees from all over the globe does not need a big office space compared to a manufacturing company.
If you own a mainland company in UAE, you can also apply for visas for family members and domestic staff.
Hire Dubai Business Registration Consultant to Ease the Process
The formation of a Mainland company in Dubai, UAE is a complicated process. You have to look through each and every step carefully and understand the nuts and bolts of the process. From submitting the required documents to applying for visas and choosing the location, it may consume much of your time and effort.
However, you can find business setup advisors in UAE that help you ease the process. MAD Middle East is one of the best Dubai business registration consultants to help you with UAE mainland company formation.
Mainland Regions Where We Help Company Formation
Under the legal mainland commercial companies’ laws, our team of professional business consultants will help in company formation in different mainland regions like UAE, KSA, Bahrain, Oman, Qatar and Kuwait. Our business consultants will take you through the pros and cons of the business options available to you and help you make the best and appropriate choice for your company formation in the mainland.
UAE Mainland
UAE Mainland
Are you interested in setting up a mainland company in the UAE? The first step is to have deep knowledge of the UAE business industry. The UAE mainland companies are licensed by the DED (Department of Economic Development) in every emirate and can conduct restriction-free business ...
KSA Mainland
KSA Mainland
Are you planning a business setup in KSA? If yes, MAD Middle East is here to help you in this regard. We have a team of professional business consultants, who have years of experience in the business formation industry. They will instruct on the rate regarding shareholding considered outsiders...
Bahrain Mainland
Bahrain Mainland
Do you need to set up a business in Bahrain? Or require professional assistance in company formation, if yes, MAD Middle East is here to help you. Our professional business consultants help international entrepreneurs, GCC nationals, foreign investors and corporations to set up business...
Oman Mainland
Oman Mainland
The Sultanate of Oman provides endless business opportunities for foreign investors and business corporations. It is a strategically located developing business centre. The MAD Middle East are here to give our clients the reasons why to choose Oman as their next business investment location...
Qatar Mainland
Qatar Mainland
The Sultanate of Oman provides endless business opportunities for foreign investors and business corporations. It is a strategically located developing business centre. The MAD Middle East are here to give our clients the reasons why to choose Oman as their next business investment location...
Kuwait Mainland
Kuwait Mainland
Looking to set up business in Kuwait Mainland? If yes, MAD Middle East is here to help you in this regard with professional assistance. Our business consultants help foreign investors, GCC nationals, corporations and international entrepreneurs to have an agency agreement with the local Kuwaiti company to lessen...
