Mainland Company
A mainland company in Dubai
is a licensed company under the Department of Economic Development in the relevant Emirate of the United Arab Emirates. In this article, we will detail some of the benefits of Business registration in the mainland of UAE Emirates. It can serve as a guide to business setups on the mainland.
Benefits of Mainland Company Formation in Dubai
Dubai Authority offers tons of benefits for company registration on its mainland. The business setup of a Company on the mainland ensures a prosperous future in its commercial activities as well as professional ventures. Mainland registration offers a broad scope of trade to Businesses. Some benefits include complete ownership of the business and location flexibility of operations. Here we list the reasons entrepreneurs look for before establishing a mainland company in the UAE.
Dubai offers Location Flexibility & Zero Restrictions on Businesses
The UAE Authority puts no restrictions on the registered mainland company for trade with other businesses. Also, there are no limits on choosing the business location. Mainland Companies in Dubai can also offer services to the Authority. You can also trade directly with consumers from anywhere in the gulf country. Setting up a Mainland Company also allows businesses to open multiple regional branches, thereby building a strong presence throughout the country.
Mainland Companies can cater to a wide array of Services
Mainland businesses can cater to a wide variety of work. If you seek to diversify your offering within the Dubai mainland, you can re-register the new business activity with the Economic Department. You will be ready to trade freely in the mainland jurisdiction.
What are the aid of UAE Government for Mainland Corporation?
The UAE government incentivize businesses for mainland setup in Dubai. They offer big government tenders to set up big businesses in the UAE. Recently, Abu Dhabi Executive Council, or the ADEC, approved 17.5 billion dirhams (USD 4.76 billion) for spending on government projects. They spent over 4 billion dirhams on Infrastructure alone. In addition, approximately 2 billion dirhams were allocated for education. Lastly, a combined 1.2 billion dirhams were spent on upgrading government as well as social facilities. Therefore, as an established mainland company, your Business will be in an advantageous position to partake in such lucrative government contracts.
Is Mainland Companies are good news for the International Investors?
It is also great news for International Investors fairly new to the Emirates style of Business. In UAE, complete Foreign Ownership means Businesspersons can straightaway kickstart their business operations without canvassing for Emirati Company and Individuals acting as a Business Partner.
Switch from a Free Zone to a Mainland Company in Dubai
If a Business is currently set up as a Free Zone Company in Dubai and wants to take a leap in forming a Mainland Company in the UAE, such a switch is possible as per the Dubai Corporate Laws. In UAE, over 25k companies trade from three of the biggest free zones in the Emirates. Many Entrepreneurs have set up their Businesses in the Free Zones. They also enjoy the conveniences of pre-packed inclusions for running businesses in the designated free zones. But there are limitations to this free zone model as well. Free Zone companies are ideal for starting businesses in UAE. But switching to the mainland will be a wise decision if you wish to expand your Business. This switching is a crucial decision for business growth and prosperity.
