Mainland Company Formation in Dubai - Radiantbiz
BUSINESS SETUP WITH THE EXPERTS
Business setup in Dubai mainland made easier with unmatched expertise from the professionals.
Dubai has always been the top choice for international investors who are looking to start a new business or expand an existing one. This is because of it’s prime location and connectivity to all the major countries worldwide. Dubai mainland is a very popular location throughout the UAE, when it comes to setting up a business in the Emirates. The Mainland Business Setup Dubai should be on the top of your list if you are a budding entrepreneur, because it offers a flexible legal system as per the UAE government policies.
The Dubai mainland symbolizes the most developed economies that are efficient at offering resources needed to carry out smooth business activities. However, you need to obtain a license to begin with the Mainland Business Setup Dubai. The license can be acquired from the Department of Economic Development (DED), Dubai.
Earlier, to establish a mainland business in Dubai, one needed to comply with the law that UAE nationals must hold at least 51 percent of the shares in the company.
However, this law changed in June 2021, when the Ministry of Economy, UAE made amendments to the Commercial Companies Law (CCL) which allowed international investors and entrepreneurs to hold 100% Ownership in Dubai Mainland, without having a UAE national as a shareholder. This clears the path for the emerging businesses to now fully own their Dubai mainland business setup.
Although the process of mainland company formation in Dubai also included several additional steps where the applicants had to satisfy many strict requirements to register for the foreign ownership exemptions. For example – acceptable share capital funds, employment of UAE nationals etc.
With the new amendments issued by the UAE government, we can conclude that the emerging companies that are looking to start their business in Dubai, can now hold a 100% Ownership in Dubai Mainland. Therefore, any foreign or local individual can now fully own a mainland business setup in Dubai.
Here is a list of all the major changes in the latest amendment of the ownership law-
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-
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 Mainland company formation in Dubai, one can sell products all over UAE & also can export goods to other countries.
03
Is it easy to setup Mainland company in Dubai?
Mainland company formation in Dubai is easy process when you have a good and experienced business setup consultant like Radiantbiz. The process involves documentation and approval from concerned authorities.
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. Finalising a local sponsor is also a big task and Radiantbiz helps client in finalising 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 formation 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.
Drop your details to request a call back from our experts. Get in touch with us now.
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