Mainland Company Formation ᐅ Make the right choice!

ᐅ What are the steps involved in mainland company formation?
The process of mainland company formation generally involves several key steps. First, we assist you in selecting the appropriate business activity and legal structure for your company. After this, we help you secure the necessary approvals through the relevant authorities. Next, you will need to provide documentation such as passport copies and proof of address. Following that, we will assist you in renting an office space, as a physical location is often required. Finally, we submit the application to the Department of Economic Development (DED) and other relevant authorities to obtain your company registration.

ᐅ What are the benefits of setting up a mainland company?
Setting up a mainland company offers numerous advantages. Primarily, it allows for full ownership of your business without the requirement of a local partner in many sectors. Additionally, mainland companies can operate anywhere within the UAE, enhancing market accessibility. They also have the option to bid for government contracts, a significant business opportunity. Furthermore, you can enjoy 100% profit repatriation and a straightforward path for obtaining additional visas.

ᐅ How does mainland business setup differ from free zone setup?
Mainland business setup differs significantly from free zone setup in various ways. A mainland company can operate within the local UAE market and has fewer restrictions related to trading, while free zone businesses are limited to operating within the specific zone and cannot directly trade with the mainland without a local distributor. Furthermore, mainland companies can offer services to the public, whereas free zone entities are often restricted to business-to-business activities.

ᐅ What are the costs associated with mainland company formation?
The costs associated with mainland company formation can vary based on several factors, including the type of business activity, office lease area, and licensing fees. On average, the setup costs may range from AED 10,000 to AED 50,000 or more, depending on the complexity of the venture. We provide tailored services to ensure you understand all associated costs upfront, ensuring transparency in the financial commitments involved.

ᐅ What kind of documentation is needed for mainland company setup?
The documentation required for mainland company setup typically includes a completed application form, passport copies of the shareholders and managers, a no-objection certificate (if applicable), and proof of the registered office address. Additional documentation may be required based on the specific business type and activity. We guide you through gathering and organizing these documents to expedite the process.

ᐅ Can foreign nationals own a mainland company?
Yes, foreign nationals can fully own mainland companies in several business sectors without a local sponsor, thanks to recent regulatory changes implemented by the UAE government. This encourages foreign investment in the UAE, allowing for more diversified business operations. We help navigate these regulations to ensure compliance and a smooth registration process.

ᐅ Is it necessary to have a physical office for mainland company formation?
Yes, having a physical office is generally required for mainland company formation in the UAE, as it’s one of the criteria set by the Department of Economic Development (DED). The office can be a commercial space or a flexi-desk facility within a co-working space. We assist you in finding an office solution that fits your business needs and budget.

ᐅ What is JAFZA and how does it relate to mainland company setup?
JAFZA, or Jebel Ali Free Zone Authority, primarily facilitates companies wishing to set up within the Jebel Ali Free Zone. Although it operates as a free zone, it offers businesses advantages like 100% foreign ownership and tax exemptions. However, businesses in JAFZA are primarily limited to free zone benefits and cannot operate directly in the mainland market without a local distributor. Knowing these differences is important for entrepreneurs looking to maximize their business potential.

ᐅ How long does the mainland company formation process typically take?
The mainland company formation process can typically take anywhere from a few days to several weeks, depending on the complexity of the application and the responsiveness of the relevant authorities. With our expertise at Cassius Law, we aim to make the process as efficient as possible, ensuring that all your documentation is in order to expedite approval.

ᐅ What industry sectors are available for mainland business setup?
There are a wide range of industry sectors available for mainland business setup, including retail, hospitality, consulting, manufacturing, and more. Each sector may have specific regulatory requirements and licensing needs. We provide tailored advice on the best fit for your business ambitions within these sectors.

Please note that we at Cassius Law are dedicated to assisting you through every step of your mainland company formation journey. With our extensive experience in various fields, including business law, expatriation, and commercial law, we ensure you have access to the best resources and guidance throughout the setup process.

If you have any further questions or need assistance, don’t hesitate to contact us. We are here to help you navigate the complexities of setting up your business in the UAE and ensure your venture is a success. Let’s work together to achieve your business goals.