Mainland Company Formation
MAINLAND COMPANIES
Mainland Companies are legal entities that are incorporated in the mainland of Dubai, or any other emirate of the U.A.E., outside of the free zones. They are governed by the UAE Commercial Companies Law and are subject to the regulations of the Dubai Department of Economy and Tourism (DET). Mainland Companies can operate within and outside of Dubai, and can carry out a wide range of business activities. This type of company is ideal for companies that want to tap into the local market, trade within the UAE, and operate across the GCC.
Setting up a mainland company in Dubai requires a verified office premise from Dubai Land Department. Office space requirements vary, based on the type of license and the investor is responsible for ensuring the availability of a valid tenancy contract for an office at the time of applying for the license.
ADVANTAGES OF MAINLAND COMPANIES
- Full foreign ownership permitted.
- Unrestricted currency exchange.
- Optional yearly auditing.
- Diverse range of license types and activities.
- Readily available employment visas.
- U.A.E. - wide business activity permission.
- Personal taxes not levied.
- Complete repatriation of capital and profits.
- No capital required for a local Dubai license.