When setting up a company in the UAE, there is always confusion about where to set up. The first question is whether you should go for a free zone or a mainland company.
If you wish to enjoy greater flexibility and 100% ownership, the answer is mainland companies.
In addition to this, Dubai is considered an ideal location for a mainland company to form. It is a vibrant city that is quickly becoming a business hub, considering its strategic location, modern infrastructure, and business-friendly environment. Dubai is the ideal location if you wish to make your presence felt in the Middle Eastern market.
In this blog, you will also learn why Dubai is an ideal location for a mainland company formation. So, read on.
Ease of Company Formation
Searching for your footing in a new country might be scary, but that is not the case with Dubai. The Department of Economic Development is committed to making company formation easier for skilled and talented entrepreneurs. As the UAE is opening its doors for overseas players, company formation is made easy.
Check out the mainland company formation requirements in Dubai and apply.
Strategic Location
When it comes to mainland company formation in Dubai, its location strongly advocates for it.
Dubai is a business and tourist hub, and its growth has been exponential over the years. Its beauty, the presence of multiple skyscrapers, and stunning beaches have worked in its favor, making it an expanding market. With easy access to a wide network of customers, suppliers, and business partners, Dubai offers immense potential for a new business to grow. If you have the talent and skills, setting up a mainland company in Dubai might be the best decision.
Access To Talent
Dubai can be called a capital of diversity. Its open and inclusive culture, coupled with its world-class education and healthcare systems, attracts many people from around the world, making it the perfect place for mainland companies to recruit talented professionals and create a highly qualified team. So, you have a large pool of talent to choose from.
Business-Friendly Environment
Not just Dubai but the UAE government has recently implemented several new rules and regulations to attract new entrepreneurs and investors to enter the market. The government of Dubai has also implemented various initiatives to streamline the company formation process, making it quick, transparent, and hassle-free for entrepreneurs. Now is the right time to make your mark.
World-Class Facilities
All that glitters is not gold, and Dubai is definitely not gold because it is a diamond, a rare gem, which might be called the best place for world-class infrastructure. UAE is fourth in the world when it comes to infrastructure quality. From cutting-edge technology parks and free zones to well-developed transportation networks and logistics hubs, Dubai has what you need for mainland company formation. In addition, the telecommunication services and internet connectivity of the city are unmatched. Make the most of these facilities in the digital age and grow your business.
Zero Trade Restrictions
For those interested in a free zone license, learn why mainland company formation is a better choice.
Being the owner of a mainland company, you can trade anywhere in UAE and openly with customers without any restrictions and without needing a representative.
Also, you need not only set up your business in the free zone. You have location flexibility, and you can also set up multiple branches, growing your business exponentially.
Full Ownership
The rules of owning a mainland company in Dubai have changed. Earlier, foreign investors needed a local sponsor to co-own the business, whose shareholding was 51% compared to the 49% of the foreign investor. Now, you can have 100% ownership of your mainland company in Dubai. If you have a local backer, you can utilize them in distinct ways, for example, partnering with them for business networking and expanding your business. You can also come to a flexible annual fee arrangement in lieu of their services. There is an investor-friendly legal arrangement in Dubai for the same.
Government Contracts
There is infinite growth if you can land government contracts. However, it is only possible if you have a mainland company.
Final Words
Dubai offers numerous opportunities for growth if you have talent and skills. The benefits discussed above are true and tested, and if you are planning on forming a mainland company in Dubai, this blog will help you make the right decision. Check out the fine points again, and apply for a mainland company formation in Dubai today!
