What is a Mainland company?

The freedom to operate throughout all the emirates and internationally is one of the major reasons to consider opening a mainland company.

 

The Department of Economic Development (DED) is the regulatory body that oversees the issuance of mainland licenses. While previously restricted by the need to have a local sponsor, over 1000 commercial licenses no longer have this dependency.

 

Mainland companies have no limitations on the number of visas issued by the company and are able to open a bank account with ease compared to Freezone and offshore entities.

 

In recent years the UAE government has allowed for 100% ownership for a vast array of mainland company business activities, therefore removing the need for a local national to be a 51% shareholder.

 

Forming a mainland company in the UAE is a highly complex process and varies greatly depending on the nature of the business. Speak to our expert consultants who will answer all of your questions and advise you on the formation process.

Benefits of forming a Mainland company in the United Arab Emirates

A mainland company is much like a regular company in any country and benefits from the following features:

 

100% Foreign Ownership

No requirement for local sponsors giving you total control

Employ local staff

Unlike with other company types, there are no restrictions on employing staff from the local market

No visa cap

Business owners are exempt from paying import and export duties while having no currency regulation restrictions, making international financial transactions much simpler.

Banking

Enables access to a wider range of banking providers in the UAE

Tax Relief

Certain business activities have exemptions from corporation tax

Trade across the UAE

Trade openly across the UAE and the world with no restrictions

Questions, queries, or clarification? Our experts are at hand to help. Contact us to discuss your plans.

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