Benefits of Mainland Business Setup Dubai
Benefits of Mainland Business Setup Dubai
For the last three decades, the United Arab Emirates has undergone a business transformation and industrial revolution. Especially the Emirate of Dubai has become the most successful and prosperous Emirates in the entire country from a local trading community.
Dubai Mainland is the most profitable area to begin a business in the UAE. Business setup in Mainland Dubai lets you perform business activities locally in this Emirate and other parts of the UAE. In addition, you can conduct your business internationally by setting up a Mainland Company in Dubai.
The Department of Economic Development (DED) monitors the Dubai Mainland. The area has been a business hub for foreign entrepreneurs for numerous years. The Benefits of Mainland Business Setup in Dubai add to Dubai’s flexible and conducive organisational environment. We are sure you might be considering what advantages you can obtain by starting a business in this area.
If you are excited to learn about the advantages of setting up a business in Dubai Mainland, you must read this article. The article will provide you with a list of top advantages to begin a company in this area. In addition, we will give basic information about Mainland Dubai.
What is Mainland in Dubai?
The Mainland, also known as the Onshore area, is related to the region in Dubai and is located outside the free zone. The area falls under the jurisdiction of the Department of Economic Development (DED). Consequently, the issuance of all three categories of Mainland trade licenses is overseen by the DED.
What does a Dubai mainland license entail?
Like Dubai Mainland, the Dubai Mainland license is also known as the Onshore license. The license allows you to conduct business within and internationally without any constraints. As per the UAE company law, any mainland business operating in Dubai or other Emirates must appoint a local service agent, like Flyingcolour Business Setup.
The local service agent holds no share in the organization. They serve as the corporation’s representative in all regulatory interactions with the government authorities. Business owners can enter into a contractual arrangement with the local service agent, who will assist them in setting up a business in Mainland Dubai with a fixed annual fee.
Types of Mainland Business Licenses
Dubai Mainland offers three types of business licenses. The following is the detail about the Mainland Business Licenses:
- Commercial license: This type of license is issued to businesses that are engaged in trading activities.
- Professional license: This type of license is designated for service-based businesses, like legal, accounting, and consulting companies.
- Industrial licenses: This type of license is granted to businesses in the industrial sectors. Businesses performing manufacturing or processing activities must obtain this license.
Before starting a business in Mainland Dubai, you should choose an appropriate business license for your business. These documents will allow you to conduct business activities in Mainland Dubai.
Benefits of Beginning a Mainland Company in Dubai
Mainland Dubai is one of the most suitable locations to start a business world. Its benefits make the area a preferable location for foreigners looking to start an enterprise in this area.
Let us take a look at the top Benefits of Mainland Business Setup in Dubai:
1. Easy company formation process
Many foreign individuals and businesses have taken advantage of the rapidly expanding technology and cooperative services offered in Dubai’s mainland. The United Arab Emirates scores 80.9 out of 100 in the ease of doing business. It indicates that the country has better and simpler rules for conducting business operations.
Due to these reasons, starting a mainland company in Dubai involves a hassle-free process with negligible paperwork. In addition, there is no minimum capital requirement for starting a business in this area. This means you can start a company with a small budget in Dubai Mainland.
2. Autonomy to trade in Dubai and the UAE
The Mainland business setup in Dubai can also provide you with the freedom to trade in Dubai and the UAE. The Mainland Business does not restrict who and where can trade in Dubai.
By starting a business in Dubai Mainland, traders can plan and start any trade without bothering the legal association of exceeding the trade permission in Dubai and the complete UAE jurisdiction.
3. More options
The more business activities are another significant benefit you can enjoy by starting a business in Mainland Dubai. Indeed, you have guessed it right! The Mainland companies will have more options for business activities, unlike the Dubai Free Zone.
For example, businesses or companies operating in the Dubai Media City have to work in the media or closely related industries. However, there is no limitation for Dubai mainland companies. You can conduct more business activities as you want. In addition, these companies can open up to the broader UAE economy with much scope to diversify.
4. No visa limit
There is no restriction on the number of visas if your business is operating in Mainland Dubai. However, your suitability to get the visas entirely depends on the size of the office spaces you need. It indicates that more office space implies more visas.
In addition, the provision of Dubai’s Golden Visas is introduced to facilitate foreigners to work, live, and study in the United Arab Emirates. This visa makes the job flexible and enhances the country’s talent pool. Moreover, entrepreneurs with the golden visa can live up to ten years in the UAE.
5. Complete Ownership
Last but not least, complete ownership is among the most significant benefits you can enjoy by starting a business in the Dubai Mainland. Setting up a business in Mainland Dubai grants the unique benefit of complete ownership control.
This level of ownership was traditionally available only in Free Zones or certain professional services companies. Now, entrepreneurs may exercise complete control over their business entities with the Dubai Mainland. This level of ownership enhances decision-making autonomy and strategic planning.
How can Flyingcolour help you?
As you have read in this article, Mainland Dubai can provide numerous benefits to business owners. It indicates that you may obtain uncountable benefits by starting a business in Mainland Dubai. Flyingcolour Business Setup Services can help you to start your company in this area. In addition, we will ensure you get these benefits.
To learn more about the Benefits of Mainland Business Setup Dubai, book a free consultation with one of the Flying Colour team advisors, simply call +971 50 5585305 or send WhatsApp messages to +971 4 4542366. you can also drop an email to info (at) flyingcolour (dot) com.
*Please note that this article was published on 07/03/2024 by the federal policies and updates at the time of writing. For the latest info please talk to our consultant
