Mainland Company Registration
This option offers the same advantages as setting up a business in a free trade zone.
Additional benefits include:
- Obtaining permission to operate in the United Arab Emirates.
- Participation in tenders.
- Ability to establish company branches.
The participation of a local sponsor is no longer necessary for the formation of a local company as of 2022. You will own a 100% local company regardless of the activity. The exception is the strategically important industries of the government.
When it comes to setting up a business in the United Arab Emirates (UAE), there are a few different options available. One of these is mainland company registration, which offers many of the same advantages as setting up in a free trade zone. One key benefit of mainland registration is that it allows businesses to obtain permission to operate throughout the UAE, rather than being limited to a specific free trade zone. This can be particularly useful for businesses that need to work with customers or suppliers in different parts of the country.
Another advantage of mainland registration is that it allows businesses to participate in tenders, which can be a valuable source of new business. This can be particularly important for companies that are just starting out and are looking to build up their client base.
Perhaps the most significant change to the process of mainland company registration in the UAE is the elimination of the requirement for a local sponsor as of 2022. This means that foreign investors can now own a 100% local company regardless of the activity they undertake, with the exception of strategically important industries that are controlled by the government. This change has been widely welcomed by the business community, as it simplifies the process of setting up a company in the UAE and makes it more accessible to international investors.