Mainland Company Formation
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Mainland Business Setup in UAE
Setting up a business on the mainland in UAE can be a lucrative opportunity for entrepreneurs looking to expand their operations. The mainland offers several advantages such as easy access to the local market and the ability to conduct business across the UAE.
What is a Mainland Company in UAE?
A Mainland Company is a business entity that is registered with the Department of Economic Development (DED) and operates within the boundaries of the UAE mainland. Mainland companies are subject to local regulations and are required to have a UAE national sponsor or partner, who owns at least 51% of the shares in the company.
Benefits of setting up a Mainland Company
There are several benefits to setting up a Mainland Company in UAE, including:
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Access to the local market
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No restrictions on conducting business activities
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Ability to operate across the UAE
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Flexibility to hire employees from any country
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No currency restrictions
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Ability to bid on government contracts
Types of Mainland Companies in UAE
There are several types of Mainland Companies in UAE, including:
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Sole Proprietorship
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Limited Liability Company (LLC)
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Partnership Company
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Public Shareholding Company (PJSC)
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Private Shareholding Company (PSC)
Steps to set up a Mainland Company in UAE
The process of setting up a Mainland Company in UAE typically involves the following steps:
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Choose a business activity and legal structure
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Choose a company name and apply for initial approval
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Obtain a local sponsor or partner
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Prepare and submit the necessary documentation to DED
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Obtain a business license and register the company
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Open a corporate bank account
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Apply for visas and work permits for employees
Documents required for Mainland Company formation
The documents required for Mainland Company formation may vary depending on the business activity and legal structure. However, some of the common documents include:
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Passport copies and visa copies of the shareholders and directors
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Proof of residential address
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Memorandum of Association and Articles of Association
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Lease agreement for office space
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Power of attorney for the local sponsor or partner
How We Can Help You Setup Mainland Company?
At Nafa Consultant, we offer a comprehensive range of Mainland Company formation services to help you set up your business in UAE quickly and efficiently. Our services include:
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Mainland Company incorporation and registration
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Assistance with obtaining business licenses and permits
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Corporate bank account opening
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Assistance with visa and immigration services
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Business plan and feasibility study preparation
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Virtual office solutions and office space leasing
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Legal and accounting services
Contact us today to learn more about our Mainland Company formation services and how we can help you achieve your business goals in UAE.
