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What are the advantages of a mainland company setup in Dubai?
Below are some of the advantages when you setup a Mainland company:
- Flexibility to do business in any part of the UAE with local and government authorities.
- No limit on number of visas (depending on the size of the office space)
- Office premises anywhere in mainland Dubai.
- More options on business activities.
What is a mainland company in Dubai?
A Mainland company is a company registered in one of the UAE DED (Department of Economic Development). It means that if you choose to conduct business in UAE Mainland, you will need to register a business entity with the DED, which will then provide you a business license to start doing business in UAE.
What are the benefits of Dubai company formation?
Benefits of Company formation in Dubai includes but not limited to…
- No minimum capital investment required.
- No currency restrictions.
- No corporate tax.
- 100 \% Foreign Ownership Allowed (w.e.f June 1 ,2021)
- Ease of Compliance.
- A wide range of license types and business activities permitted.
- Easy availability of work visas.
How do I set up a mainland company in Dubai?
DED is the agency that issues the mainland license in Dubai, UAE. Pay the license fee – Submit all the relevant documents connected with company incorporation to the Commercial registration department and DED and pay the required license fee. Get your license – Get your trade license from the DED.
What is a mainland company in UAE?
UAE Mainland Company – A mainland company is nothing but an onshore company which is registered under the government authority of the concerned Emirate. The trade license is issued by the Department of Economic Development of the particular Emirate. As of now, over 40 Free Zones operating in the UAE as a whole.
How much does it cost to register a company in Dubai?
Company Registration Fee The exact fee will be determined according to the company’s legal structure, and of course, the chosen free zone. The costs for registering a company in a Dubai free zone is not exceptionally varied; it is usually around the range of AED 9,000 to AED 10,000.
What are the benefits of a free zone company?
Benefits of free zone companies in UAE
- 100\% ownership without the aid of UAE sponsor.
- Exemption from personal income tax and capital gain tax.
- Full repatriation of capital and profits from business.
- Minimal Import/Export duty.
- Zero percent corporate tax.
- No restriction on currency movements.
What are mainland companies?
A mainland company is an onshore company licensed by the Department of Economic Development (DED) of the related emirate which is allowed to do business in the local market as well as outside UAE without any restriction.