Mainland Company Setup in UAE? Here’s Everything You Need to Know.
The UAE corporate law gives permission to establish a mainland company under licensing by the Department of Economic Development (DED) of the related Emirate. Also known as an onshore company, a mainland company is allowed to do business in the local market as well as outside the UAE without any restrictions. A mainland company setup in Dubai is a popular choice among foreign investors because of the flexibility it provides in carrying business operations.
Unlike the freezone, a company formation in Dubai mainland is not restricted to a limited geographical area. Thereby, giving the investors boundless opportunities to do business.
There are many other factors that make mainland companies a desirable choice for investors. Let’s look at some:
1. Limitless Possibilities
Countless companies have successfully reinvented themselves by expanding into new territories by registering under the Sharjah mainland. You will have the freedom to choose any strategic location for business. This helps your business to expand with new locations in different geographical areas, targeting new customers, and tapping into new sales and delivery channels. With a mainland company, your business setup in Dubai options are not limited to a specific area. In fact, a company present in the mainland is free to do anywhere company registration in UAE.
2. World-Class Business Infrastructure
The UAE offers favorable economic policies for mainland companies related to taxation and other PRO services. With Dubai becoming the busiest business hub for investors across the world, a mainland registered company has many other options including Abu Dhabi, Ajman, RAK, and Sharjah. Mainland registered companies in the UAE remains to experience the fastest growing technology and architecture for smooth operations in a business.
3. No Local Sponsorship
It remains a problem that a mainland company requires a local sponsor to operate a business in the UAE. However, with intelligent consulting from business professionals, this hurdle can be crossed by taking full ownership of your business. A foreign investor can appoint a local agent that basically provides you with access to labor and immigration. From thereon, you can take 100% ownership of your business forward by registering under the legal form of a Sole Establishment (one shareholder) or as a Civil Company (more than one shareholder).
4. Tax Reductions
UAE Mainland such as Abu Dhabi Mainland has waved corporate or personal tax for the smooth functioning of the business. Not only that, UAE free-trade zones like Dubai Free zone, Abu Dhabi, Sharjah, Fujairah, Ajman, Ras Al Khaimah, and Umm Al Quwain have excluded taxation to benefit international investors. Import duties in Mainland are also comparatively lower to other registered businesses, thereby avoiding the problem of double taxation.
With Radiant Management Consultancy, you can take advantage of all these benefits and more by registering the company under the mainland. Our professionals work towards obtaining your commercial and professional licenses, PRO services, and visa eligibility. We are equipped to become your local mainland partner, which is an essential guideline to start your company registration in UAE. Get ready for a customised mainland experience for all your business transactions.