Why MainLand Company Formation In Dubai?
Establishing a business in Dubai’s mainland district is regulated by Federal Law, with Mainland Companies being the most advanced corporate entities. It is a good choice to set up a usiness in Dubai’s mainland because of two main reasons.
- Strategic Location: Firstly, the UAE's location is strategic in the Middle East, making it a valuable location for business investors to expand their operations and access other GCC nations.
- Economic policies: Secondly, the UAE government provides various incentives to encourage company investors, such as 100% foreign ownership and no personal tax, to start business operations in various industries.
- Avoid double tax: In the UAE, if you own a company and do import-export transactions, you can sign an agreement to avoid paying taxes twice. This means you only have to pay taxes once, and not on both sides.
- Office Setup: It is easy to find office space in Dubai's mainland, which has become an increasingly popular location for business establishments.
A local sponsor is no longer needed to get a Dubai mainland license for around 1000 commercial and industrial activities.
Advantages:
- Freedom to rent commercial space in any area
- Ability to conduct a wide range of business activities
- Option to trade anywhere in the UAE and internationally
- 100% foreign ownership
- No currency restriction
- Easy employment visa processing
- Advantage of bidding on government projects
- Ability to open a corporate bank account easily
License types and activities:
A Mainland company formation offers more than 3000 business activities listed in the UAE. The business activity, company structure and jurisdiction of operation will determine the license and other applicable requirements. For more details on business activities, reach out to us.
Commercial License
A Commercial License is required in the UAE for businesses involved in trading and supplying of goods such as:
- Mobile phones & accessories trading Building material,
- Cleaning and safety equipment trading Oil & gas,
- Chemicals trading Automobiles,
- Spare parts trading Gold & precious metals trading
Industrial License
An Industrial license is required in the UAE for manufacturing or other types of industrial activities such as:
- Garments, uniforms manufacturing
- Meat, dairy products manufacturing, Animal & birds feed manufacturing, fishing net making
- Pastry & sweets manufacturing, mineral water bottling
- Fabrics & textiles embroidery, carpets manufacturing
Professional License
A Professional License is required in the UAE for individuals or business groups that deliver expertise as a service to the public such as:
- Computer, IT infrastructure consultancies Insurance,
- Tax, legal consultancies Marketing consultancies,
- Public relations management
- Auditing & accounting
- Waste management & recycling consultancy