The UAE, and especially Dubai, is the top preference for most of the investors when it comes to setting up a mainland company thanks to its excellent infrastructures & facilities. A Mainland Company Incorporation is registered under the Department of Economic Development (DED).
WHY SET UP A MAINLAND COMPANY IN THE UAE?
A mainland company formation in Dubai can be formed by a minimum of 2 and a maximum of 50 shareholders whose liability is limited to their shares in the business initial capital. It is mandatory to have a local service agent or sleeping partner with 51% + of shareholding. 100% Foreign Ownership & UAE National acting as Local Service Agent without holding any shares can be possible only for certain business activities. In addition to this, there is no initial minimum capital requirement for the formation of a mainland company. Having a company in the UAE mainland allows to directly trade in the local market across all the seven Emirates i.e. Abu Dhabi, Dubai, Sharjah, Ajman, Umm-Al-Quwain, Ras Al-Khaimah and Fujairah. Consequently, having such a direct presence on mainland ground enables companies to build a stronger presence in the UAE market.
DED BUSINESS SETUP ACTIVITIES:
BENEFITS OF A MAINLAND COMPANY:
STEPS FOR SETTING UP A MAINLAND COMPANY:
