Looking for Formation of Mainland Company in Dubai?
Never before has it been more advantageous to establish a mainland company in Dubai. The region’s start-up community and investors choose the Mainland License because to the UAE government’s new business rules, flexible regulatory procedures, rapid timescales, and simple approval processes. The new FDI legislation states that one does not require a local sponsor to start a business, meaning that expats can now hold 100% of the onshore firm. It is not necessary to have a real office space in order to register a business in Dubai. The expert staff at MIA Consulting will simplify the often challenging procedure of obtaining a bank account too.
A mainland company in Dubai is an onshore firm that has been granted a licence by the Department of Economic Development (DED) of the relevant emirate and is free to conduct business both inside and outside of the United Arab Emirates. The most well-liked and sensible option for company creation in Dubai is Mainland since it offers the greatest number of advantages for business establishment in the nation. However, there are rules that must be followed during the procedure, one of which is that a UAE national must have a minimum of 51% of the stock in any commercial firm, with the following exceptions:
- Business activities that permit 100% foreign ownership
- Organizations in free zones
- Collaborations between GCC businesses and UAE nationals
- Businesses that allow local ownership of 100%
A professional license is necessary when an individual or group of individuals provide their expert service, and the business is 100% owned by the expat. Depending on the type of license, one may need a local partner (Commercial and Industrial license) or a local service agent (Professional License). In administrative interactions with government agencies, the local Service agent serves as a representative. The local service agent gets compensated annually for their services rather than owning a part in the company.
Our Support Services with Formation of Mainland Company in Dubai
Benefits of Mainland Company in Dubai
Registration of mainland company in Dubai has several advantages. Setting up a mainland company assures success in your professional and business endeavors. Companies based on the mainland provide a wide range of commerce, 100% ownership, and location freedom. These are a few of the explanations given by businesspeople looking to start a mainland company in Dubai.
Location Flexibility & Zero Trade Restrictions
A Dubai mainland firm has no geographical constraints and no prohibitions on commerce with other companies. Anywhere in the UAE, mainland businesses can conduct business with customers or provide services to the government. Businesses may operate many branches and establish a significant presence across the Emirates thanks to mainland company setup.
Broad Working Scope
Businesses on the mainland can also take on a variety of projects. Simply re-register the new business activity with the DED when you wish to broaden your offerings within the mainland, and you’re good to go.
Access to Lucrative Government Contracts
Government tenders are a major source of revenue for mainland businesses setting up shop in Dubai. The Abu Dhabi Executive Council recently authorised spending AED 17.5 billion (USD 4.76 billion) on government projects, including over AED 4 billion for infrastructure. Around AED 2 billion was allotted for education, while AED 1.2 billion total was spent on governmental and social facility renovations. You’ll be in a good position to benefit from such lucrative government contracts as a well-established mainland company in Dubai.
Full Control & Ownership
Historically, there were only two situations in which a UAE company firm could have 100% foreign ownership: When establishing in a no-fly zone or when launching a business providing professional services on the mainland.
For potential foreign investors wishing to do business in the UAE, this has been a welcome shift. For foreign investors new to the UAE, this is fantastic news. Businesses with 100% foreign ownership may get right down to work without having to look for an Emirati firm or individual to serve as a partner. Foreign investors have enormous potential to contribute to the UAE’s growth-machine economy with 100% foreign ownership of mainland company in Dubai. However, some vital industries, like the oil and gas industry, still need a local partner.
It's Time to Partner with MIA Consulting
Our services cover the whole range of steps required in formation of mainland company in Dubai, and at MIA Consulting, we give the best benefits and speed up your process. We help you at every stage of the procedure, from company registration and trade license acquisition through contract writing and notarization of papers and assistance with formation of mainland company in Dubai. We can quickly secure government permissions for our clients thanks to our connections with ministries and other government entities around the UAE. To guarantee the quick and easy creation of your mainland company, our advisers work closely with the Department of Economic Development (DED) and other governmental organizations in Dubai.
Establishing a mainland company in Dubai is simple and hassle-free. This is true, particularly when dealing with a trustworthy and competent company for business development like MIA Consulting. MIA Consulting consultants will help you with the formation process, taking care of every detail along the way. For more information on how to establish a mainland company in Dubai, please feel free to drop by our office in India or get in touch with our staff.
For any questions you may have regarding formation of mainland company in Dubai, call us at +91 81216 69473. We are available on WhatsApp as well. A member of our staff will get in touch with you as soon as you fill out the contact form on our website’s CONTACT US page.
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