Mainland Company Formation in Dubai

Get the Best Consultancy for Business Setup in Dubai Mainland.

Mainland Company Formation in Dubai

Dubai mainland is one of the prime locations for Mainland Business Setup Dubai, following the legal structures of the UAE government policies. Dubai mainland represents the most developed economy and is rich in providing resources to carry out business activities. License of Dubai mainland is issued by Department of Economic Development, Dubai.

Radiantbiz is the best company setup consultant in Dubai & your one stop shop for Mainland Company Formation in Dubai. Our mainland services are transparent & will provide you with all the legal frameworks to protect your business and secure the financial rights of your company.

mainland company formation in dubai

More about business Setup in Dubai Mainland

Earlier, in order to establish a mainland business setup in Dubai, one needed to find an Emirati national willing to provide them with 51 percent of their own company as an entitlement. But this law changed in June 2021, since the UAE’s Ministry of Economy changed the Commercial Companies Law (CCL), thus allowing international investors and entrepreneurs to form and fully own onshore companies, this clears the path for the emerging businesses to now fully own their Dubai mainland business setup.

This also included a number of the additional processes where the applicants had to meet a number of strict and stringent requirements to register for the foreign ownership exemptions, including considerable share capital donations, and the employment of UAE nationals.

Benefits of Mainland Company Formation in Dubai

100% Ownership in Dubai Mainland
Foreigners can have 100% ownership in Dubai Mainland, Which means no Emirati or any local UAE national is required at the time of business registration.
No Limit on Visa
Unlike other activities, there is no limit on visa applications for business owners in Dubai Mainland.
Strategic Location
When it comes to the Middle East, the UAE proves to be a vital position. It allows business investors to enter other GCC nations and aids in the expansion of commercial activity.
Tax exemptions
100% tax exemption on personal or corporate income or gains.100% repatriation of capital and profits.
Easy Import & Export
Easy access to neighboring and global markets by land, sea and air to help with the business
Ability to Apply for UAE Govt. Contracts
Companies with mainland licenses can apply for UAE government contracts & can work on Government projects.

How can i register for mainland company in dubai

01
Select business activity
02
Select the legal form
03
Register trade name
04
Apply for initial approval
05
Drafting a MOA (Memorandum of Association) and local service agent agreement.
06
Select business location.
07
Get additional government approval
08
Submit your paperwork/document to authority.
09
Pay the license fee for company formation in Dubai mainland
10
Get trade license from Department of Economic Development (Dubai) in 7 to 10 working days.

Amendment of Mainland Business License in Dubai

It can be inferred that the new law will amend the Companies Law to remove the general requirement for 51 percent UAE national ownership of UAE LLCs that are established on the mainland, along with the requirement that a foreign company’s division hire a UAE national to act as their entity.
Now, anyone, regardless of nationality, can now fully own their mainland business setup in Dubai.

What are the key points to be remembered?

Here is a list of all the major changes in the latest amendment of the ownership law-

During company registration in Dubai, it is no longer necessary for UAE entities to have a majority of Emirati shareholders and local agents.
Permits 100 percent foreign ownership of onshore enterprises located on the UAE’s Mainland, according to the guidelines issued by the UAE cabinet in the form of a cabinet resolution.
A joint stock business can now sell 70% of its shares in an initial public offering (IPO). This figure had earlier been as low as 30%.
The shareholders have been granted the right to pursue legal action in court if the corporation participates in an activity that causes the company to lose money.
Allows the local governments to acknowledge required capitalization, shareholding percentages, and approval for onshore firm setups according to cabinet resolution policies. Formerly, these rights were limited to the Ministry of Economy and subsidiary departments.

Company meetings are no longer necessary to be officiated by an Emirati; they are now open to all expatriates.

The ban on foreign nationals serving on the board of directors has been eliminated. Annual general meetings can now include electronic voting as a result of the pandemic.

If leading officers or company chairpersons abuse their power, they can be removed from their positions.

Importance of 100% Foreign Ownership in Dubai Mainland

The UAE aims to put a positive spin on its already established appeal as a global market for foreign investment firms, businesses, startups from around the world by eliminating the existing obstacles and widening the economy.

These are some of the future aspects that the UAE government is trying to achieve in the coming years-

Building a favorable legal environment for business establishment in the UAE , so that it may aid in the ease of doing business and the overall economy of the country.
Making sure that the future of the economy is safe and secure by increasing investment and commercial opportunities for foreign investors.
Meeting the demands of the UAE business community as they uplift the country’s appeal to expat investors, businesses, startups, and other entities.
FREQUENTLY ASKED QUESTIONS

01

What is Mainland Company in Dubai?

Mainland companies in Dubai are also known as onshore companies, its license is issued by Department of Economic Development, Dubai. Under this license, one can sell products all over UAE & can export goods to other countries.

03

Is it easy to set up a business in Dubai?

The company formation process in the UAE has been designed with simplicity in mind – and is very much open to all. That said, it does take some in-depth knowledge of the region and its many customs and regulations.

05

How do I start company in Mainland Dubai?

If you need 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/Share holders is required in Dubai.

07

Why you need local sponsor in UAE?

If you want to start any business which doesn’t allow foreigners to have 100% ownership then you need local sponsor. Finalizing a local sponsor is also a big task and Radiantbiz helps client in finalizing the best local sponsor for mainland company formation in UAE.

02

How long will it take to obtain our license-

If your documentation gets approved and verified by the concerned authorities, you will receive you license within 2 working days.

04

What are the advantages of a mainland company setup in Dubai?

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.

06

What are the documents required for company formation in mainland?

Passport copy of Directors/ Shareholders, Company Name & Passport size photograph of all the shareholders/Directors are required for company formation in Mainland.

08

Can I Own 100% ownership in Dubai mainland?

Yes, As per new amendments made to the company’s commercial law. Foreigners can now own 100% ownership in Dubai mainland.

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