Dubai is one of the most glamorous places and hassle-free cities to set up a business. With the lowest tax rate and easy-to-get licenses, business setup in Dubai mainland has become all the more accessible and allows companies to trade within the country and across markets internationally as well. If you are planning for a mainland company formation in Dubai, it is advised to do the company formation process with a set-up consultant, and we do just that by helping you achieve your goals to set up a business in Dubai. Read on to find out more information about the mainland Company setup in Dubai.
How to Get Dubai Mainland License?
- Obtain the Dubai Mainland Co-working License
To start a business in the Dubai mainland, you must obtain the Dubai Mainland Co-working License from the Dubai Department of Economic Development (DED) and abide by the government. The Dubai mainland license allows you maximum freedom and flexibility to grow your business and operate it across the globe, but the business must be located within the geographical limits covered by the jurisdiction of the Emirati Government.
- Rules of Ownership
A Dubai mainland company can only exist if sponsored by a UAE national as a Local Partner or a National Service Agent. Foreign investors can start their business where 51% ownership belongs to a UAE national and 49% goes to the remaining owner or shareholders.
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Benefits of Business Setup in Dubai Mainland
- Exempted from corporate tax
- No minimum capital requirement
- Trading with other mainland companies within Dubai and across Emirates
- More options for business activities unlike free zones
- No limitation on the number of visas on a mainland license; visa eligibility depends on office space (more space, more visas)
- No yearly audit requirement
- Allowed to take on governmental work unlike free zone companies
- No currency restrictions and 100% repatriation of capital and profits
Types of Licenses in Dubai Mainland
- Commercial License
- General Trading
