Mainland Company Formation
Overview
A mainland business in the UAE is a company registered and licensed to operate anywhere in the country, excluding the free zones. These versatile entities have the freedom to engage in both domestic and international business activities, including the ability to participate in government projects and tenders. Furthermore, mainland companies aren’t restricted to specific industries or activities; they have the flexibility to operate across various sectors, provided they acquire the requisite permits and licenses.
Advantages of Establishing Your Business in the Mainland”
Benefits of mainland
Contact
- BIZ00154, Compass Building, Al Shohada Road AL Hamra Industrial Zone FZ, UAE
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(+971) 43445099
- info@maplecorporate.com
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Why Select Maple Corporate for Your Mainland Company Formation?
Simplified and Streamlined Process
Our comprehensive company formation services simplify every aspect of setting up a business in the mainland. From document preparation and securing the required permits and licenses to the final establishment, we've got you covered.
Robust Government Connections
Maple Corporate's Government Collaborations: Your Express Lane to Approvals
Our strong affiliations with government bodies offer a significant edge to our clients. We expedite paperwork processes and swiftly secure special approvals from authorities, ensuring a seamless and efficient path for your business setup
Seasoned Expertise and Extensive Experience
With over two decades of experience in the field, we possess an in-depth understanding of the legal and regulatory intricacies involved in mainland business setup. Count on our seasoned team for expert guidance and unwavering support at every stage of the process.
THE PROCESS
The Process of Establishing a Mainland Business in the UAE Encompasses the Following Key Steps:
01
Choose a local sponsor:
For certain business sectors such as energy, oil, and gas, establishing a foreign company may necessitate a local sponsor, who can be either an individual or a UAE national company. It's imperative to clarify this requirement with a business consultancy before proceeding further to ensure compliance and a smooth setup process.
02
Pick a business activity:
Companies must carefully select a business activity that aligns with UAE law. There's a wide array of choices available, with over 2000 activities listed under the Dubai Economic Department and similar government entities for each emirate. Options span various sectors, including ecommerce, media and publishing, agriculture, hospitality, and manufacturing.
03
Identify the business structure:
When setting up your company, you have various legal business structures to consider, including Sole Proprietorship, Limited Liability Company (LLC), Public Joint Stock Company (PJSC), and more. In the UAE, the LLC structure stands out as the most prevalent choice among businesses.
04
Reserve a trade name :
When selecting a trade name for your business in the UAE, it's essential to adhere to certain guidelines. Avoid using offensive language, religious references, or implying support for other organizations. Trade names should consist of full names and, if translated into another language, should be phonetic rather than literal translations.
05
Obtain initial approval :
Before commencing operations, businesses must secure preliminary approvals from pertinent authorities, including the DED and other regulatory bodies, contingent on the nature of the business activity.
06
Draft the Memorandum of Association (MOA):
The Memorandum of Association (MOA) serves as a pivotal legal document, delineating a company's activities, ownership structure, and essential details. To determine the specific documentation needed for your company, tailored to its structure and business activity, consulting with a business expert is advisable
07
Rent office space :
To secure a trade license in the mainland, companies must lease an office space. The UAE offers a diverse array of options, ranging from conventional rentals to flexi-desks, co-working spaces, and virtual offices. You can select the one that aligns with the size and budget of your business
08
Obtain a trade license:
Obtaining a trade license from the DED represents a critical juncture in establishing your business in the UAE. During this phase, it's imperative to submit all the requisite documents to facilitate your business activities in the mainland
09
Register for taxes:
Businesses must register for taxation with the Federal Tax Authority (FTA) if they meet the taxable threshold, ensuring full compliance with tax regulations in the UAE
10
Open a corporate bank account:
Companies are required to establish a corporate bank account in the UAE to facilitate and conduct their business activities effectively
11
Apply for visas:
Business owners in the UAE mainland enjoy the advantage of visa applications without any notable restrictions. However, it's essential to ensure that the allocated office space aligns with the number of visas requested, adhering to the standard guideline of 100 sq. ft. of office space per visa
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