STARTUP POINT

Why STARTUP POINT

Start Business in UAE

STRAT YOUR DREAM BUSINESS IN UAE

A Mainland Company is an entity authorized to operate within the general geographical areas of the UAE. Upon registration, the economic departments of the respective Emirate issue a business license, enabling the company to commence operations in the mainland area. Expatriates are now permitted to own 100% of the shares in such companies, whereas previously, they were allowed to own only up to 49% of the total shares.

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Advantages of Main Land Company in UAE

No currency restrictions
No restriction of office location
No corporate tax
No minimum capital requirement
Personal income tax exemption
Access to clients from anywhere in the world
No limit on the number of employment visas

The main 6 steps involved for company formation in mainland are:

Business Activity Selection and Name Approval
Selection of Local Partner or Service Agent
Apply for Initial Approval for Mainland company setup
Preparation of Court Notarization and MOA
Get Office Space and Tenancy Contact
Final Submission for Mainland company formation in UAE

START YOUR BUSINESS IN DUBAI HASSLE FREE

Dubai has become a hub for entrepreneurs looking to start a business in the Middle East. With its strategic location, diverse economy, and favorable business environment, Dubai offers an ideal platform for entrepreneurs to launch their ventures. The city boasts a robust infrastructure, world-class amenities, and a highly skilled workforce, making it an attractive destination for businesses of all sizes and industries. Additionally, the UAE government has implemented various policies and initiatives to support entrepreneurship and foreign investment, including tax incentives, simplified regulations, and streamlined procedures for business setup. Whether you are looking to set up a new company, expand your existing business, or tap into new markets, Dubai provides endless opportunities for growth and success.

Main Land Business License Types

Three types of business licenses are permitted for mainland companies in UAE, these are:

Commercial License - Covers different types of trading activities

Industrial License - Issued to companies performing industrial or manufacturing activity.

Professional License - Issued to companies offering professional services, and other related services like craftsmen and artisans

Main Land Company Type

Any investor planning to establish a mainland company in UAE, can setup business establishments in any of the following ways:

Limited Liability Company (LLC)

LLC is the most common form of business in UAE, can be established with a minimum of 2 and a maximum of 50 partners. The percentage of individual's share in the capital decides the liability to each partner.

It is mandatory to have a UAE national as a partner in the LLC (51% shareholding)

MAIN LAND/LLC

Branch of Foreign Companies

Foreign companies are not allowed to practice their primary business, or incorporate branches in the Mainland, or engage in trading activities unless licensed by the Ministry of Economy

The license mandates a national agent to act on the behalf of the company

Proposed business activity for a branch of foreign Company should be within the domain of the activities performed by the parent company

Representative Offices

UAE Commercial Company Law allows foreign companies to open Branch/Representative offices without any shareholder. Representative Offices are not allowed to perform trading or manufacturing activity and cannot even invoice as these are essentially the parent company's marketing arms

Professional Firms/Civil Company

Professional Firms are also known as Civil Companies, Unlike LLC Companies Expatriate can hold 100% share and UAE national as Service agent.

In order to carry out professional practice in the UAE, Foreign Investors can setup a partnership firm/Professional Company. Eg. Marketing Consultancy, Management Consultancy, Engineering Consultancy Etc.

Public Shareholding Companies

Companies performing public shareholding, financial, banking or insurance activities are known as public shareholding companies, the minimum capital required is US$ 2.725 million for Public Share holding Company.