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A mainland company is a company approved by the Department of Economic Development (DED) in the Emirate of the United Arab Emirates. It's important because it offers various benefits for business. Here’s a summary of why setting up a company on the UAE mainland is beneficial, along with a guide to starting a business in Dubai.
Another unique offering is the easy access to more than 2 billion consumers in multiple markets, all located within a 4-hour flight. Dubai’s enviable location also results in an international and vastly multicultural workforce.
There are many advantages to setting up a company on the mainland. It allows for a prosperous future in business and offers flexibility. Mainland companies can trade widely, have full ownership rights, and can choose their location. These are some of the reasons why entrepreneurs choose to start a mainland company in the UAE.
A Dubai mainland company can trade freely with other businesses and can operate from anywhere in the UAE. They can also provide services to the government or directly to consumers. Mainland companies can open multiple branches, expanding their presence across the Emirates.
Mainland businesses can undertake various types of work. If you want to expand your business offerings, you can easily register new activities with the DED and start trading.
Setting up a mainland company in Dubai gives you access to lucrative government contracts. The UAE government invests heavily in projects, offering opportunities for mainland businesses to secure contracts in sectors like infrastructure and education.
Foreign investors can now own 100% of mainland companies in the UAE. This allows business owners to start operations without the need for a local partner. However, some sectors like oil and gas still require local partnerships.
If you're currently operating in a free zone and considering moving to a mainland company, it's a smart move for business growth. With the help of a local sponsor or company formation specialist, the transition can be smooth and beneficial.
Decide what type of business you want to do from the many options listed by the DED.
Select a location based on factors like budget and business activity. Ports are ideal for import-export businesses.
Decide on the type of business entity you want to form, like a Limited Liability Company (LLC).
If required, find a local sponsor or service agent for your business.
Pick a name that follows UAE guidelines for company names.
Submit your application for a trade license with the Department of Economic Development.
Secure office space that suits your needs, whether it’s serviced, shell and core, or pre-fitted.
Apply for visas based on your office space requirements and sponsor dependents if needed.
Work with a business setup consultant to navigate the legal and formation process and start your business confidently.
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