What Makes Dubai Mainland an Ideal Choice for New Business Setups?

Serving as a home to entrepreneurs, Dubai is the ideal commercial center to start a new business set up anywhere across the world. Establishing your business in Dubai not only facilitates you with tax benefits but also provides you with an excellent opportunity to use this geographical location for selling your products or services to a globally extensive market. Additionally, government-sponsored incentives, technological advancements, and state-of-the-art infrastructure make it more appealing for startups. Even so, when entering this sizable market, foreign investors often find themselves perplexed on where to begin. Mainland Company Formation in Dubai or Free Zone business setup? Both come with their own jurisdictions and regulations. There is no right or wrong answer but what your business requirements are.

Understanding UAE Market

Dubai is the only area worldwide that has a lot to offer. Although free zones are unique economic zones with many advantages, they also have a fair share of limitations on various grounds. Dubai Mainland, on the other side, offers more expansion and broader access to a global market. As here, transportation modes are convenient for all, and you have grocery stores throughout the city. 

That said, it is the most popular destination for startups with limited restrictions. Also, while Free Zone Company Setup in Dubai provides opportunities for growth and development, Dubai Mainland may offer your company a great reach socially, economically, and demographically. Nevertheless, every company is distinct and has a particular need, so the right jurisdiction choice varies from business to business.

Why Should You Choose Dubai Mainland?

Mainland Company Formation in Dubai is one of the most efficient business alternatives for investors who want greater flexibility in expanding their business and form a strong presence in the UAE local market.  It allows investors to swiftly create additional office space or warehouse, recruit more employees, participate in governmental proposals, and so other things. 

Read also: Ideal Services Provided by a Business Consultancy Firm

Still debating if this is the right option? Learn more in the section below:

Complete Ownership

Foreign investors now have more freedom to gain 100% business ownership in the UAE:

• Business investors who choose to start their mainland company with a professional activity (accounting, marketing, architecture services) can operate as a sole proprietor company with complete business ownership. However, you’ll be required to hire a Local Service Agent (LSA). LSA will act as your liaison who will handle immigration, legal, labor, or other governmental concerns on your behalf. 

A reputable local consultancy services firm like Trade License Co., with its vast resource capacity, can assist you in getting a local service agent in the UAE as per your company requirements.

• Alternatively, as per the revised UAE laws, DED allows 100% ownership over 1,105 activities out of 2,300 with a DED trade license in Dubai. According to this law, investors who seek to pursue one of the approved commercial or industrial business activities will qualify to have complete ownership over their business and start an LLC firm in the UAE without partnering with a local sponsor.

Trade Flexibility

Unlike Free Zones companies operating in the UAE. Mainland have the flexibility to trade anywhere in the UAE or globally. Also, it doesn’t require you to have a physical space. So, if you’re limited with the resources. You can start your company right after registering with the Department of Economic Development (DED).

Greater Business Activities in Dubai Mainland

Free Zone Company Setup in Dubai may limit your business activities and operations. Each free zone has a distinct jurisdiction. And you can only opt for activities that match individual free zone themes. However, this is not the case with the mainland business setup. It allows you more autonomy. And you can select multiple business activities as per your business requirements.

Zero-Tax Benefits

Zero percent corporate tax is one of the top reasons why companies and investors across the world choose UAE as their first destination to start a new company.

Start Your Dubai Mainland Company with the Right Assistance 

Hopefully, the above discussion demonstrates why mainland company formation in Dubai can be the right choice for your business. However, if you are concerned about the business formation technicalities, proper support from the competent UAE business consultancy services such as the Trade License Co. will make the procedure simple and hassle-free for you.

Their extensive team of experts can certainly guide you through every step of the business setup procedures. And your endeavors from selecting a business activity, company trade name, registering with legal authorities, to license registration, visa processing, and banking solutions, etc., will be handled by their dedicated professionals. In short, they will assist you in creating your company on your behalf, enabling you to concentrate on your core business.