Mainland Company Formation in Dubai, UAE

Looking to form a company in the Dubai Mainland and need help to set up the same? Smart Business solutions help you explore a wide range of business activities, choose the ideal option based on your interest, and establish your venture anywhere in the country.

Process

UAE Company Formation

UAE, the future of global development and the destination of dreams that the whole world is looking at, embraces the future through its technological advancement, business-friendly tax programs, investment policies and many other features, making it a global hub for emerging tycoons. UAE is one of the best destinations in the world where you can set up your business-friendly company safely. The Department of Economic & Tourism (DET) is the authority in UAE that issues licenses for businesses in the mainland.

Smart Business Solutions highlights the key advantages of starting a mainland business:

100% Foreign Ownership Options

Earlier, it was formidable for foreign businesses to establish their business in UAE due to some existing ownership rule, which mandated that at least one local sponsor or partner need to be included as the owner. Even though there was no such obligation for profit sharing, finding a local sponsor was a hard nut to crack. In 2018, as a part of future innovation and development, a historic change was declared by the UAE ruler, and an amendment was made, wherein foreign investors can have 100% ownership and control over their businesses in certain emirates in UAE.

Trade Licenses for Various Business Activities

A business is presumed to be legal only if it adheres to the legal requirements of that location in which it is been established. In UAE, for forming a company, a trade is mandatory, and this is to be obtained from DET. Department of Industrial Development (DET) is the government body responsible for issuing trade licenses in UAE.
This is the legal document that permits businesses to operate legally within the country. A wide range of licensing options are available, including professional, trading, commercial, Industrial, e-commerce, Tourism, etc. Businesses can engage in diverse industries and grow their operations consistently.

Strategic Office Locations for Maximum Growth

One of the major aspects of a modern business in this competitive world is its office location and infrastructure. In this modern day, time has more value, and accessibility is the key factor. The public will be less interested in finding locations that are not easily approachable. To travel an extra mile in business, choosing the right office location in Dubai`s mainland is inevitable. Access prime locations that offer excellent connectivity, fostering greater visibility and customer reach.
A prospective office location needs to be futuristic with excellent connectivity, cutting-edge infrastructure, and a booming business environment.

Global Reach & International Exposure

UAE is a thriving hub for Global tech breakthroughs, which emphasize in global collaborations. For any business that anticipates international exposure, expansion into new markets, and exploring new avenues of growth, UAE is the cream of the crop. The country has planned certain future strategies and milestones to establish itself as a Global financial and tech hub through several fairs and trade link summits. Businesses can seize this opportunity for international trade and alliance. Even though every business cannot benefit from this advantage due to several factors, including market research and planning, legal and regulatory compliance, etc.

Corporate Bank Account Opening

A business with a corporate bank account improves credibility and secures assurance about its legitimacy. Like the other major aspects, opening a corporate bank account is an essential step in company formation. It ensures the transparency and legality of the financial transactions, including the cash flow and fund flow of the company to external financial authorities. A corporate bank account allow businesses to maintain finances effectively. Proper managing of bank accounts empowers businesses for liability protection and creates investment opportunities in future. Smart Business Solutions guide to choose the right bank, gather the required documents, and complete the application process.

Opportunities to Secure Government Projects

Amidst the development process to shape its future, various government departments are working vigorously in creating master plans for development in the stream of technology, infrastructure and energy. This is a golden opportunity for businesses to collaborate with government sectors ideal for their process and grab the projects showcasing their business expertise. Business associations with government projects involve extensive programs, financial stability funding, and strategic partnerships, which ensure growth and economic welfare for the company.

Easy and Fast Business Development

As UAE is focusing on positioning itself as a global leader, rapid development strategies are been planned and executed. In no time will the whole world witness a meritorious change in the country. Emerging companies can take advantage of this growth, scale up their business and develop strategies for their business in UAE to achieve their goals. The UAE government’s investor-friendly policies enable businesses to streamline processes and grow rapidly, capturing market opportunities quickly.