A UAE mainland company is a legal entity licensed by the Department of Economic Development (DED) in the corresponding Emirate of the United Arab Emirates. This type of company is important for several reasons. Here’s a complete guide on starting a business on Dubai’s mainland and an overview of the advantages it offers.
Advantages of Establishing a Mainland Company in Dubai.
Company registration on the mainland has many advantages. Establishing a mainland company helps your business succeed. In addition to location flexibility, mainland businesses provide a wide range of trading opportunities and complete ownership authority. Due to these advantages, entrepreneurs want to start mainland businesses in the UAE.
Flexibility of Location and Absence of Trade Restrictions
A Dubai mainland corporation has unrestricted trade and location options. Its services are available to both the government and consumers all over the UAE. Moreover, by operating multiple branches, mainland companies may strengthen their presence all over the Emirates.
Wide Array of Business Opportunities
Mainland companies have the flexibility to engage in a variety of activities. To diversify on the mainland, just re-register a new business activity with the DED and trade freely
Get lucrative government contracts
Lucrative government tenders make mainland businesses in Dubai attractive. Many Abu Dhabi government projects have been approved, offering potential opportunities for mainland companies. For well-established companies, these contracts may be advantageous.
Complete Ownership Control of Mainland Business Entities
In the past, foreign ownership of businesses in the UAE was limited to particular scenarios, that include free zones or professional services companies. Updated policies allow 100% foreign ownership of mainland companies. This eliminates local partners and boosts business growth.
Transitioning From Free Zone to Mainland Company Formation in Dubai
Expert assistance is available for those considering a free zone to mainland firm transition in Dubai. Free zones are convenient, but expanding businesses benefit from mainland companies. The correct expertise may simplify the process.
Here is your Checklist for Establishing a Mainland Business in Dubai. Follow these steps to effectively establish a business on the mainland:
Select a Business Activity: Choose the sector in which your business will be operated from the thousands of permitted activities maintained by the DED.
Determining the Optimal Location: After careful consideration of budget and business activity, identify the optimal location for your operations. Proximity to ports might be beneficial for import/export.
Define Your Business Legal Structure: Select from various business structures, such as a Limited Liability Company (LLC), and if required, acquire a local sponsor or service agent.
Choose a Name for Your Company: Select an appropriate trade name in accordance with UAE guidelines.
Secure Office Space: Decide on the type of office space that suits your needs, whether serviced, shell and core, or pre-fitted.
Apply for Relevant Visas: Apply for the required visas based on your office space needs, considering your business type.
Apply for Relevant Visas: Submit applications for the necessary visas in consideration of your business type and office space needs.
You can establish your mainland business in Dubai and take advantages it provide by following to this checklist.