Dubai Mainland company setup

Dubai Mainland is famous for its business friendly infrastructure and facilities. Dubai mainland company formation is still the first preference by most of the establishments when establishing their business in Dubai. Company Formation in Dubai Mainland is very interesting and time consuming task; we are the best Company Formation consultancy offers the best services for Dubai Mainland company setup.

Mainland Company Setup in Dubai

The Department of Economic Development (DED) is a business hub under the control of the government of Dubai, UAE. DED was launch in March 1992 with the primary goal of regulating & start up the trade & industry in the Emirate of Dubai & simultaneously enhancing the economic development & growth of Dubai & the UAE. DED is responsible for business setup in Dubai mainland, business registration & mainland license as well as commercial compliance & consumer protection in the Emirate of Dubai.

So why is mainland such a lucrative area to set up in Dubai?

Dubai Mainland is the total geographical area which is permitted by the DED (Dubai Economic Department) to all the private business entities and their representative to operate commercial business functions. These are prime locations where a foreign business owner can work, for example, international chains of food, luxury goods, car makers, etc.

As per the Business Incorporation laws of UAE in LLC company formation in Dubai, a Foreign Owner can hold only up to 49% of the business, if set up is in Mainland and a UAE national mandatorily holds 51% of total equity except in the following cases:

• Activities with 100% GCC ownership
• Instances where GCC companies enter into a partnership with UAE National
• Where the law requires 100% local ownership.
• Businesses located in Free Zones

Mainland Business Setup Process

In mainland business setup process, if you want to setup your company in the Dubai mainland, you will need to appoint a UAE national as a local sponsor for your business. However, the local sponsor or sleeping partner will make an agreement that he will not have any involvement in the company operations or profit sharing of the company setup in Dubai mainland.

For a professional License, the investor can have 100% ownership, but a local service agent is still required. Thus for a professional company, the local service agent has no active part in the company business management, operations or profit sharing. Instead, they will act as figurehead representative, while drafting legal agreements and establishing other business documentation required in Dubai.

Requirements for Dubai Mainland Business Setup

A verified office address from Dubai Municipality is required when setting up business in Dubai. The requirement of office space for Mainland company setup in Dubai, can be varied based on the type of license the investor is looking for and it is investor’s responsibility to ensure a valid tenancy contract for an office is available at the time of applying for the license of Dubai mainland company.

There are 6 main steps involved in Dubai mainland company setup. However, there are some activities which Mainland setup requires special approval from some specific Government departments. 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

The professional consultants at Business Link support our clients to select the most appropriate decision in business setup and guide them through complete procedures of Dubai Mainland company formation and Dubai Economic Department company registration.

Advantages of setting up a business in Dubai Mainland:

It’s a great decision to begin your organization in Dubai. When it comes to Mainland company formation in Dubai, the following are the traits which pull an investor towards investing further:

1. Zero Taxation- none in the case of corporate or personal tax
2. No limitation in getting employment visas and easy recruitment process.
3. Limited restrictions on a minimum capital requirement.
4. No yearly auditing
5. No restrictions on processing legal documents
6. No restrictions on recruitment
7. Low import duty
8. Ease of getting affordable space with flexible rent or lease for office anywhere

Starting a business in Sharjah

We will assist you in Starting a business in Sharjah, Sharjah is one of the safest and most liberal economies within the Middle East!

Set up a Business in Sharjah – A vibrant and world Economy

Sharjah is quick raising as an economical various to Dubai for fitting a business thanks to the presence of an international aerodrome that ensures global air links and twin ports on the west and east coasts of the Arabian Gulf having direct access to geographic area and also the ocean.

Its strategic location (at the junction of Asia, Africa, and Europe) offers unmatched potentialities for investors, and thus sees the flow of over five.2 million investors, consumers, and tourists each year.

Sharjah is one in every of the safest world cities with a really low rate associate degreed has an abundance of cheap energy offer. The system in Sharjah is honest, and also the economy is liberal with competitive fees structures and property lease rates. in addition, there's a presence of extremely qualified and consummate men that's principally bilingual and really economical. Moreover, there's a provision for support associate degreed visas for the complete workers with a 24X7 hotline that ensures an uninterrupted provision of labor and instrumentation.

Sharjah LLC company formation is that the commonest company formation in Sharjah.

The main blessings of LLC in Sharjah square measure there's no deposit customs policy for shipment in transit between Sharjah seaports and also the SAIF zone, being a bonus for mercantilism LLC not like different emirates. There’s a singular location advantage with three ocean ports associate degreed an aerodrome. Lower operative prices. Whereas foreign equity within the company might not exceed forty ninth, profit and losses are shared during a quantitative relation completely different to it of the share capital ratios. No specific minimum capital necessities. The capitalist will produce additional branches at completely different places per the business wants. LLC managers will be national, foreign or third party members. The capitalist will run the business while not the everyday interference of the native national partner. The assets and capital created are within the name of the corporate and not within the name of the native national partner. Simple to open world company bank accounts following Sharjah LLC discovered.

Why setup Your Business in Sharjah?

Sharjah is prospering with economic development and is one in every of the foremost reward able economic destinations that attract foreign investment. The gov’t of Sharjah acknowledges the importance of trade, service, and producing sectors in sustaining the country's economy, and has thus framed policies that encourage foreign investment.

Flexible government policies have contended a vital role in gaining the religion of world investors, and have for the most part contributed to the fast and continuing economic process of the Emirate. Further, the business growth trend in Sharjah stays positive because it has continually emphasized on maintaining world economic ties and friendly mercantilism relations with a colossal variety of nations across the globe.

General maintenance licence in Sharjah may be a pathway to assembling semi-permanent contacts and client relations, and getting continuous trade orders within the UAE. Different reasons to think about company formation in Sharjah are:

•                     Sharjah may be a state (no company or financial gain tax)

•                     It features a fashionable legal framework

•                     There aren't any interchange controls, trade barriers or quotas

•                     Security of investment

•                     Sundry incentives from the govt of Sharjah for investors

•                     Sharjah permits 100 percent foreign company possession

•                     100% tax exemption for import, export and every one business levies

•                     100% homecoming of capital and profits

•                     Sharjah has provision for deposit facilities wherever investors will store product for up to two months without charge

•                     Presence of multiple native and foreign banks, and a sophisticated communication system

•                     Types of Business Setup in Sharjah

An expatriate will choose between among two classes of business established in Sharjah: (1) mainland company formation or (2) Sharjah free zone company formation