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Many commercial operations that previously required the selection of a local partner for the establishment of a company are now excluded from such obligations for the principal business activity under the new legislation. These amendments have increased the superb advantages of business setup in the UAE. Our consultancy services include understanding the nature of your business and then suggesting which type of Dubai mainland company setup or free zone business setup will work for you.
100% Foreign Ownership You must appoint a UAE national as a service agent for operations that offer professional services. They will handle the tasks such as liaising with government departments for your mainland company setup in Dubai.
For most activities in the areas of trade, tourism, logistics, and construction, a sole proprietorship is permitted.
Open Joint Stock Company can issue shares for public subscription and has an unlimited number of partners with at least ten founding members.
This must include at least three founders. The issue of shares takes place through a closed subscription.
A service agent can be appointed to communicate with government agencies and to process visa and immigration procedures. This is a professional company that will perform representative and functional tasks with the UAE authorities.
Mainland companies (incorporated in the UAE instead of Free Zones) enjoy significant government support. They are also a perfect way of doing business in internal and global markets. This entity is determined by the law and has no equivalent in other countries.
Depending on the business activities that will be carried out, all local companies can be divided into commercial, industrial, and professional businesses. The law sets out specific requirements for each type of business activity.
A license is required in order to operate any legal business in the United Arab Emirates. This license is the primary authorization document for a company. It is valid for one year and renewed annually with the obligation to pay renewal fees.
A company can have up to five General Managers. Their rights and powers within the company are determined and specified in the memorandum of association (MoA). The owner may appoint different managers for separate business operations after the Dubai mainland company formation.
UAE legislation requires the company to have a physical office or some other commercial premises licensed under Ejari / Estidama rules. It should be renewable and held under a lease of at least one year.
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