Get Expert Assistance with Mainland Business Setup in UAE
Establish your business in the UAE with ease by taking advantage of our comprehensive mainland business setup services. From company registration to obtaining licenses, our experts will guide you every step of the way. Contact us now to start your business journey in the UAE.
COMMERCIAL LICENSE
This company structure is the most common in the UAE and is suggested when a company intends to conduct business locally. Please be advised that this sort of corporation cannot have 100% foreign ownership in the UAE.
Foreign investors are only allowed to own up to 49% of the shares in UAE companies.
These are the characteristics of this kind of business:
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Citizens of the UAE must possess 51% of the shares.
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There might be two to fifty shareholders.
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There is no set minimum capital requirement.
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Investor visas are issued to the investors
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A single trade license may be used to provide several business-related services.
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The investor can decide whether to create branches.
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Corporate bank accounts are simple to open
SOLE ESTABLISHMENT
Consultants, service providers, and professionals are examples of this type of business. Establishing this type of business is the simplest way for a foreign investor to gain 100% control of a UAE corporation established outside the Free Zones.
This type of organization has the following characteristics:
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No requirement for local ownership in any form
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Completely foreign ownership
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There is no necessary minimum capital.
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The UAE national will act as an agent with no ownership.
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Just one shareholder
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Opening a corporate bank account is Easy and Fast.
CIVIL COMPANY
A civil corporation is a business that is owned entirely by foreigners has no more than three shareholders and has a local service agent. Doctors lawyers engineers accountants and consultants are examples of such businesses. Professional local service agents hold no shares and don’t have any shares or profits in business. While foreign partners or corporation owns all of them.
The principal obligation of a local agent is to help businesses for the culmination of every authority task assistance from for instance the ministry of labour the department of economic development and the department of immigration the local service agent may be a professional an employee of the government or a business managed by the government however they only get paid once a year for government services and have very little administrative responsibility
There are the Characteristics of this kind of business:
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Completely Foreign Ownership
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The UAE national will act as an agent with no ownership.
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Opening a corporate bank account is Easy and Fast.
Nexswitch Corporate will help you in selecting the finest corporate structure for your trade, whether you need to make a company in Dubai or another Emirates. We will help you with company formation, opening a corporate bank account, and applying for a UAE resident visa for the Owner and for his employees.
HOW TO REGISTER MAINLAND COMPANY IN UAE?
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1. CHOOSE A PROFESSIONAL ACTIVITY
Select from the commercial/trading, consulting, professional, or industrial business activity types. Within one category of activities, you have a variety of options. -
2. SELECT A LAWFUL LAYOUT
This will depend on the type of business activity owners want to engage in. -
3. CHOOSE THE TRADE NAME
It's a good idea to provide three potential names, ranked in order of choice. The names should be distinct, meaningful, and unrelated to any religion. All partners and the management partners must now provide their paperwork (passport, visa, EID, NOC for UAE residents, and residential address). -
4. INITIAL APPROVAL
In order to confirm that the company can be established and that the name has been approved, submit an application for initial approval in DED. -
5. GET AN AGREEMENT READY
The MOA (Memorandum of Association) and LSA (Local Sponsor Agreement) will be prepared by DED based on the information provided. -
6. CHOOSE A BUSINESS LOCATION
A leasing contract (Ejari) is necessary to complete the registration process on the Mainland. It might refer to an office, a business center, or a showroom. It may be rented or acquired anywhere in the Emirate where your company is registered. -
7. OBTAIN APPROVALS
It may be necessary to obtain outside permissions for some commercial operations from agencies like the MOH (Ministry of Health and Prevention), the Civil Defense, the Police, etc. -
8. GET A BUSINESS LICENSE
After the MOA, the LSA was signed, all permissions were secured, and all payments were made. The license will be issued in conjunction with the MOA.
ADVANTAGES OF A MAINLAND COMPANY
100% repatriation of the capital
0% corporate and personal income taxes
A mainland can have more than one branch
Pitching for a host of private and government projects that are not available to Free Zone or professional services companies without a local partner
Mainland allows foreign entrepreneurs to trade/operate directly with the local market
Availability of a wide range of business activities