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Is a mainland Dubai company right for you? Investing in a UAE mainland company allows you to engage in various commercial activities and conduct local and international business. Take advantage of Dubai’s strategic location and favourable business environment to expand your ventures.

Advantages of Forming a Company on the UAE Mainland

  • Complete foreign ownership with the ability to transact anywhere in the United Arab Emirates.
  • The ease of obtaining a corporate bank account.
  • Ability to participate in a range of business activities.
  • Rentable business space is available everywhere.
  • The benefits of bidding on government contracts.
  • Work visa processing is easy.
  • There are no limitations on the amount of money.

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    Formation of Companies in the
    Mainland UAE

    The UAE, a beacon of safety, stability, and strategic location, is a global trade hub in the Middle East. Its mainland offers a tax haven and a secure and reliable banking system, making it ideal for business establishment and banking. This robust environment instils confidence in potential investors, assuring them of a safe and stable business environment.

    One of the most popular business structures in the UAE mainland is the Limited Liability Company (LLC). Recent regulatory changes, such as a new cabinet decision allowing 100% foreign ownership of mainland enterprises in specific industries, have made LLCs even more attractive to foreign investors. This eliminates the need for local sponsors in selected commercial and industrial sectors, a development that is incredibly enticing and keeps potential investors well-informed.

    Amendments to Federal Law No. 2 of 2015 on Commercial Companies and the updated Law No. 26 of 2020 apply to any organization engaged in financial, industrial, commercial, real estate, or agricultural activities on the mainland. Specific capital requirements and conditions, established by a resolution of the UAE Government’s Cabinet, govern 100% foreign ownership. Depending on the chosen industry and business area, the minimum share capital required for full ownership of mainland companies ranges from approximately AED 2 million to AED 100 million.

    Starting your company in the UAE mainland is more accessible and beneficial than ever. It offers a secure and advantageous environment for business growth, a prospect that should excite and motivate potential investors.

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    LLC (Limited Liability Company)

    The limited liability company (LLC) is one of the most popular business structures in the UAE.

    It can be formed with at least two investors and a maximum of fifty. Each partner’s liability is limited to their share of ownership in the company, making it a secure and efficient option for business formation.

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    Representative Office

    The UAE allows foreign financial professionals to establish a representative office without requiring a local investor.

    Representative offices do not engage in corporate operational activities but focus on research, development, and promotional activities. This provides a strategic presence in the market, empowering you to compete effectively.

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    Process for Obtaining a UAE Mainland License

    Select Business Activity

    Choose the business activity you wish to engage in.

    Determine Company Structure

    Decide on the appropriate company structure for your needs.

    Obtain Trade Name Approval

    Secure approval for your chosen trade name.

    Receive Initial License Approval

    Apply for and receive the initial approval for your business license.

    Acquire Establishment Card

    Obtain the establishment card for your company.

    Secure External Approvals (if required)

    Obtain any external approvals specific to your business activity.

    License Issuance

    Complete the process to have your business license issued.

    Open Company Bank Account

    Set up a corporate bank account for your company.

    Create a Labour File

    Establish a labour file with the relevant authorities.

    Process Visas

    Handle the visa processing for your employees and stakeholders.

    Categories of UAE Mainland Company Formation

    Financial professionals in the UAE have access to a variety of company formation options, each offering unique benefits and growth opportunities.

    Branch of a Foreign Office

    Dubai offers excellent opportunities for finance professionals looking to expand their businesses.

    Branch of a Foreign Office

    Dubai offers excellent opportunities for finance professionals looking to expand their businesses. Mainland company formation allows you to integrate your branch office seamlessly. This option provides a platform for growth and expansion. Learn more about the benefits of consolidating a branch office in Dubai.

    Professional Companies

    Also known as common organizations, these companies are dedicated to specific professions and practices.

    Professional Companies

    Also known as common organizations, these companies are dedicated to specific professions and practices. They focus on providing specialized services within their respective fields, ensuring high standards of professional practice that can make you feel respected and valued in your industry.

    Key Elements of Forming a UAE Mainland Company

    For financial experts seeking a favourable business environment, forming a mainland company in the United Arab Emirates offers numerous advantages. Let's delve into some key highlights:

    Mainland enterprises are exempt from corporate taxes, making it financially advantageous.
     There is no legal capital requirement to obtain a Mainland Company Formation License.
     Setting up a mainland company is straightforward and hassle-free.
     

    There is no requirement for an annual audit, reducing administrative burdens.

     Obtaining a UAE Mainland Company Formation permit is simple and efficient.

    The company can be managed from anywhere within the UAE.
    There are no legal restrictions on using company funds.
    Employment visa services are readily available and affordable in Dubai.
    Companies can successfully disclose their financial health.
    Repatriating all capital and profits without restrictions is possible.
    Company offices are accessible from any location within the UAE.

    Forming a mainland company in the UAE is not just a decision; it's a strategic move. It's an efficient way to establish a business in a robust environment that offers numerous benefits and a fertile ground for growth and success.