Dubai offers a variety of business company structures and options to investors. One of the most popular options is to establish a company on the Dubai Mainland. Dubai Mainland companies are ideal for businesses that wish to conduct trading activities in Dubai and throughout the UAE. The Mainland of Dubai is the most popular area in the UAE to form a business. The mainland companies are governed by the Department of Economic Development (DED).
A minimum of 51% shareholding must be surrendered to a local UAE national or company. This local sponsor does not need to be actively involved in the day-to-day management or operations of the business.
Dubai mainland company can be located in Deira Dubai old city, Bur Dubai old city, Sheikh Zayed Road, Downtown, Business Bay, Al Barsha and Tcom, Dubai Marina and JBR, Dubai Media City, Al Qusais, Jumeirah beach road and Al Wasal Road (Meraas), New Dubai, Al Quoz and DIP Industrial area or International city
The benefits of mainland company formation in Dubai are:
- The business owner can rent an office space anywhere in the UAE.
- No limitation on capital or shares of the company.
- The ability to hire employees from any country, which ensures no issue for manpower requirement for your business.
- The ability to apply for a residency visa for you and your family members. (subject to immigration rules)
- Tax efficiency
- Zero restriction on the transfer of currency in Dubai.
- Access to the UAE market without any sponsor.
- The ability to own property and land in the name of your company.
- The option to open corporate bank accounts in any currency.