Dubai Mainland
- 100% Ownership
- Eligibility for UAE Govt. Contracts
- Tax Relaxation
- Freedom to Operate Anywhere
- No limit on Visa
- No currency restrictions
RadiantBiz offers a free cost calculator to provide you with an accurate estimate based on your business type, location, and specific requirements.
The timeframe for setting up a business in Dubai varies depending on the chosen location (mainland, free zone), business activity, and document preparation. Generally, it can take anywhere from 2 to 8 weeks.
The ideal bank depends on your business size, industry, and specific needs. RadiantBiz can assist in selecting the most appropriate bank based on your requirements.
Yes, you can own 100% of your business in Dubai's free zones. However, mainland businesses typically require a local sponsor holding a majority stake.
The processing time for a new business license in Dubai usually takes around 2-4 weeks, depending on the completeness of your application and the chosen location.
Mainland companies in Dubai are also known as onshore companies; their license is issued by the Department of Economic Development, Dubai. Under Mainland company formation in Dubai, one can sell products all over UAE & also can export goods to other countries.
If you need a mainland license in Dubai, All you have to do is to contact Radiantbiz and we will help you in company formation in Mainland Dubai. And yes, Physical presence of Directors/Shareholders is required in Dubai.
If your documentation gets approved and verified by the concerned authorities, you will receive your license within 2 working days.
Yes, As per new amendments made to the company’s commercial law. Foreigners can now own 100% ownership in Dubai mainland.
Free zone setup is considered one of the best options for those who are starting fresh. However, the restriction on trade in terms of the boundary makes business here a little stagnant. In cases like these, it is important to switch to a mainland company. With the right knowledge, you can get this process done easily. Follow the steps for a mainland company set up or contact a business set up consultant.
If you want to start any business which doesn’t allow foreigners to have 100% ownership then you need a local sponsor. Finalizing a local sponsor is also a big task and Radiantbiz helps clients in finalizing the best local sponsor for mainland company formation in the UAE.
If you want to start any business which doesn’t allow foreigners to have 100% ownership then you need a local sponsor. Finalizing a local sponsor is also a big task and Radiantbiz helps clients in finalizing the best local sponsor for mainland company formation in the UAE.
Passport copy of Directors/ Shareholders, Company Name & Passport size photograph of all the shareholders/Directors are required for company formation in Mainland.
Flexibility to do business in any part of the UAE with local and government authorities. No limit on number of visas (depending on the size of the office space). Office premises anywhere in mainland Dubai.More options on business activities.
A free zone is a designated area where foreign companies can establish business and benefit from advantages including tax exemptions, customs benefits, and simplified processes.
Depending on the nature of your organisation, there are many licensing categories available, including commercial, industrial, and service licenses.
Yes! The majority of free zones provide a range of workplace choices, including fully equipped offices and flexi- desks.
The cheapest freezone in Dubai is called DAFZA; it is situated in the Emirate of Dubai and provides cost-effective packages for companies of all sizes, as well as the least expensive trade licence in Dubai. The annual cost of the Dubai Free Zone Licence ranged from 10,000 to 50,000 AED.
Yes, according to the latest amendments by the Ministry of Finance, A 0% tax rate will apply to qualifying firms in the UAE’s more than 30 free zones, which export tens of billions of dollars’ worth of goods to neighbouring states.
The main steps to starting a business in a free zone are listed below:
1. Identify the legal entity type.
2. Pick a business name.
3. Get a business licence by applying.
4. Select a workspace.
Obtain preliminary approvals, register your company, and obtain a licence.
Depending on the free zone you choose, the registration costs can vary, but they normally fall between AED 12,900 and AED 50 000. The registration of the business and acquiring the required licences are covered by this price.
It can take anywhere between one and two weeks, depending on the kind of business you’re starting and the free zone you choose.
No, companies registered with free zone authorities are not allowed to conduct business in Dubai Mainland by free zone jurisdictions. The majority of trading enterprises in free zones are unable to conduct business on Dubai’s mainland.
Yes, according to the latest amendments by the Ministry of Finance, A 0% tax rate will apply to qualifying firms in the UAE’s more than 30 free zones, which export tens of billions of dollars’ worth of goods to neighbouring states.
Selection of the free zone is dependent upon a variety of factors including the quantity of personnel and the nature of the business activities. In the free zones, you can either rent or buy office space or a warehouse. Additionally, bear in mind that a corporation may only have a facility in the free zone where it is registered.
An offshore license is the license that enables you to open an offshore company. By opening an offshore company, you get to trade outside the city you are setup in and maintain privacy as well.
When you follow the rules, offshore banking is perfectly legal, and it gives you the means to better protect your assets against economic and government turmoil while giving you a higher level of currency diversification and financial strength.
An offshore company is one that is incorporated in a jurisdiction other than the jurisdiction that constitutes its main place of operations or where the company's principal investors reside. In a broader sense, offshore simply means a jurisdiction other than your own.
1. Privacy.
2. Asset protection.
3. Reduced tax liability.
4. Protection against lawsuits.
5. Flexible business laws.
6. Ease of operation.7.Confidentiality.
No. This is one of the main differences of Dubai Offshore company to onshore company. Offshore companies do not provide the possibility to receive residency visas over such companies.
To setup an offshore company in UAE, you have to follow a few steps of company registration. To avoid any type of chaos and mistakes take help from a company setup consultant like Radiantbiz. We at Radiant Biz strive to understand these unique precepts and provide expert and reliable consultation to our clients with updated laws and governing regulations, awareness of their rights, and cost-effective business solutions tailor-made to their business needs and budget.
Wondering about the cost of opening an offshore company in the UAE? Prices vary based on the type of company and additional services. Contact us for a personalized quote today.
A Freezone company offers onshore benefits with foreign ownership, while an offshore company provides tax advantages and privacy, best suited for international operations.
Select a Company Name: Verify the name with the Registrar.
Fill an Application Form: Complete the application form with the necessary details.
Submission of Documents: Provide the required documents to the authorities.
Draft MOA and AOA: Prepare and submit the Memorandum of Association and Articles of Association.
Open an Offshore Bank Account: Establish a bank account for your offshore company.
RAK Offshore and JAFZA Offshore each offer unique benefits. RAK is more cost-effective, while JAFZA is the only offshore company legally permitted to own property in Dubai. It is important to note that UAE Offshore Companies are distinct from UAE Free Zone Companies.
Offshore companies (such as those registered with RAK Offshore) are exempt from VAT. The residential status of the company owner and the location of the corporate bank account do not affect this exemption. If all company activities are conducted abroad, VAT registration is not required.