The United Arab Emirates’ (UAE) booming economy, advantageous location, and investor-friendly rules make it one of the world’s most desirable commercial destinations. Establishing a company on the UAE mainland gives you access to the larger local market and more operational flexibility, even though freezones provide particular benefits for particular industries. The major elements of starting a business in the UAE mainland, the procedures required, and the advantages of doing so will all be covered in this blog.
Mainland businesses are allowed to freely operate within the United Arab Emirates and carry out a variety of commercial endeavours, including as trading, providing professional services, industrial operations, and more.
Key Features of Mainland Businesses:
- Ability to trade within the local UAE market and internationally.
- Option to open branches anywhere in the UAE.
- Eligibility for government tenders and contracts.
- Flexibility to conduct business in any part of the UAE and across sectors.
Benefits of Setting Up a Mainland Business
- Access to the Local Market
- No Geographic Restrictions
- Eligibility for Government Contracts
- Variety of Business Activities
- Flexible Ownership Structures
- No Minimum Capital Requirement
Types of Mainland Business Licenses
The type of license required depends on the nature of your business activities. There are three main categories of business licenses for mainland companies:
- Commercial License
- Professional License
- Industrial License
Steps to Set Up a Mainland Business in the UAE
- Select Your Business Activity
- Choose a Legal Structure
- Reserve Your Trade Name
- Get Initial Approval
- Prepare the Memorandum of Association (MOA)
- Lease Office Space
- Submit the Documents for Final Approval
- Obtain Your Business License
- Open a Corporate Bank Account
- Apply for Visas
Conclusion
Establishing a mainland company in the UAE gives you unmatched access to the local market, the freedom to work anywhere in the nation, and the chance to submit bids for government contracts. The UAE mainland is now even more alluring to investors and businesspeople as a result of recent regulatory changes that permit 100% foreign ownership in numerous industries. You can successfully navigate the procedure and launch a mainland business in the United Arab Emirates by following the steps described in this article and consulting a professional.
