Get Started With Your Mainland
Business Setup
Set Up Your Business In Mainland
Setting up your business in the UAE mainland offers a wide range of opportunities and advantages. At Steeple Consulting, we specialize in guiding entrepreneurs through the process of Mainland Business Setup in UAE, ensuring a smooth and successful experience. With our expertise and personalized approach, we help you navigate the complexities of Mainland Company Formation in UAE to maximize your growth potential.
Why Choose Mainland?
- 100% foreign ownership: With recent policy changes, the UAE now allows 100% foreign ownership in key industry segments for Mainland Business Setup in UAE.
- Access to local market: One of the key advantages of Mainland Company Formation in UAE is direct access to the local market. You can cater to the needs of the UAE population and tap into the growing consumer base, allowing for greater business opportunities and potential expansion.
- Flexibility in business activities: Mainland companies have the freedom to engage in a wide range of business activities without restrictions. Whether you're in manufacturing, trading, services, or consulting, you can operate in your chosen industry and explore multiple revenue streams. This makes Business Setup in Mainland ideal for diverse business activities.
- No Geographical Limitations: Unlike free zone companies, mainland businesses can operate anywhere within the UAE. This flexibility allows you to establish a physical presence in strategic locations, target specific customer segments, and expand your operations in line with market demands.
- Government contracts and tenders: Mainland companies have the advantage of being eligible to participate in government contracts and tenders. This opens opportunities to work with government entities and secure long-term projects, contributing to the growth and stability of your business.
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* While the UAE allows 100% foreign ownership of commercial companies, certain sectors remain restricted. These include commercial agencies, strategic activities (such as military, banking, insurance, and telecom), and professional activities like consultancies.
However, industries such as construction, building materials, water production, paint, food, and flooring are eligible for 100% foreign ownership under Mainland Business Setup in UAE.
Important Features of UAE Mainland Company Formation
Mainland Company Formation in the UAE presents several advantages for financial experts seeking a conducive business environment. From tax incentives to flexible trading opportunities, Mainland Business Setup in UAE offers unparalleled benefits. Here are the key advantages:
Tax Relief
Mainland companies enjoy the benefit of freedom from corporate tax burdens, making Business Setup in Mainland an attractive option for entrepreneurs.
No Capital Mandate
Acquiring a Mainland Company Formation License does not necessitate a minimum capital investment, allowing for flexible business initiation.
Operational Flexibility
Companies formed through Mainland Business Setup in UAE can be operated from any location within the UAE, providing operational flexibility and business scalability.
Unrestricted Currency Use
There are no legal constraints on the utilization of funds, giving businesses the freedom to operate with global currencies in their daily activities.
Visa Service Accessibility
Employment visa services are easily accessible and affordable, making Mainland Company Formation in UAE a viable choice for businesses looking to employ skilled professionals.
Full Capital and Profit Repatriation
Businesses have the ability to transfer all capital and profits out of the UAE, ensuring complete financial control and flexibility for companies opting for Business Setup in Mainland.
Ubiquitous Office Access
Businesses registered through Mainland Company Formation in UAE can operate from any office location across the UAE, offering extensive flexibility in terms of office setup and operations.
Excluded Sectors for 100% Foreign Ownership
While the UAE now allows 100% foreign ownership of commercial companies, there are still some sectors and activities that remain restricted. Here are the key points:
Commercial Agencies
Foreign ownership is not permitted in commercial agency businesses.
Strategic Activities
These include sectors such as military, banking, insurance, re-insurance, and telecommunications.
Professional Activities
Certain professional services, such as consultancies, are also excluded from full foreign ownership.
Industrial Activities With 100% Foreign Ownership
However, there are industrial segments that now qualify for 100% foreign ownership. These include areas like construction, building materials, water production, paint, food, and flooring.
Types of Mainland companies
- Professional Company: Can be a single partner (Sole Establishment) or multiple partners (Civil Works Company). Partners are personally liable for the company's debts without limit and can only engage in service-based or consultancy activities.
- Branch of a Foreign Company: Allows foreign companies to establish a presence in the UAE mainland.
- Public or Private Shareholding Company: Suitable for larger enterprises with different regulatory requirements.
- Limited Liability Company (LLC): Partners are only liable up to their capital contributions and can engage in a broader range of activities, including trading and manufacturing.
- Sole Proprietorship: Owned by a single individual, responsible for all aspects of the business.
- Branches of Free Zone Companies: Free Zone companies can extend their operations to the UAE mainland by opening a branch.
- Each type of company has specific regulatory requirements and may be suitable for different business activities. It's important to choose the right legal structure based on the business needs and goals.
Mainland Business Setup Process
Setting up a mainland company involves several steps and compliance with UAE regulations. At Steeple Consulting, we provide comprehensive support throughout the entire process, ensuring a smooth and efficient setup.
Here's an in-depth analysis of the mainland business setup process:
Business activity selection
We assist you in selecting the appropriate business activities based on your industry and market research. This step is crucial as it determines the type of license and approvals required for your business.
Legal structure and trade name
We guide you in choosing the most suitable legal structure for your business, such as a Limited Liability Company (LLC) or Professional Company (PC). We also help you select a unique trade name that complies with the UAE's naming conventions.
Memorandum of Association (MOA) drafting
Our team assists in drafting the MOA, which outlines the company's structure, activities, and ownership details. We ensure that the MOA complies with UAE laws and regulations and reflects your business objectives accurately.
Department approvals and licensing
We handle the entire process of obtaining necessary approvals from government departments, such as the Department of Economic Development (DED), Ministry of Economy, and relevant industry-specific authorities. We also assist in obtaining the required licenses for your business activities.
Office space solutions
Finding the right office space is crucial for your mainland business. We help you identify suitable office locations and negotiate favourable lease terms. Whether you need a small office or a larger commercial space, we ensure that it meets your requirements and budget.
Visa and immigration services
We provide comprehensive visa and immigration services, including visa applications, renewals, and sponsorship. Our team assists you and your employees in obtaining the necessary visas to work and reside in the UAE.
Banking and Corporate Support:
We facilitate banking introductions and assist you in opening corporate bank accounts with reputable banks in the UAE. Additionally, we offer corporate support services such as document attestation, notarization, translation services, and more.
Get Started With Your Free Zone Business Setup
Ready to take advantage of the benefits of setting up your business in a free zone? Contact Steeple Consulting today to discuss your requirements and explore the opportunities available.
Our expert team is here to guide you through the process and ensure a smooth and successful free zone business setup experience.