Your Guide to Dubai Mainland Company Registration
A mainland company is a company licensed by the Department of Economic Development (DED) in the relevant Emirate of the United Arab Emirates. This type of license allows non-UAE nationals to own 100 percent of the shares in a private business entity.
Limited Liability Company (LLC)
L.L.C. allows you to do local trade and services. It is recommended for a company setup in Dubai who wants to pursue or during company formation in Dubai for retail business. A company registration in addition to local trade it also permits global trade. A Dubai limited liability company (L.L.C.) is an ideal vehicle to use for entrepreneurs doing business within Dubai, the U.A.E. and internationally. With company registration and company formation in Dubai L.L.C., you still can own only 49% of the equity. However, you can do that and keep more than 49% of the profits. U.A.E. law allows L.L.C.s to come up with flexible, differential profit sharing arrangements. These can give you an enormous advantage, especially since the 51% local equity rule is quite inflexible in most cases. It’s not surprising, therefore, that the L.L.C. is the most popular form of business organization in U.A.E.
- Local & International Trade allowed
- Office required
- Visa provided
- 51% shareholding held by local U.A.E. national except for professional licenses, where 100% shareholding is allowed
Benefits of Company set-up in Dubai L.L.C.
A Dubai L.L.C. offers unrivalled access to Dubai and the wider U.A.E. economy. Through a Dubai L.L.C., international entrepreneurs obtain Trade Licenses from the Dubai government. There are few restrictions on the activities of a Dubai L.L.C., and it is possible to obtain a license for all activities with the exception of banking, insurance and investment activities. Through a Dubai L.L.C., investors obtain a strong physical presence in Dubai. Although cost effective office space is hard to find in, we offer solutions to meet every budget and specifications. Incorporating a Dubai L.L.C., company registration now faces no specific minimum capital requirements, after this formal requirement was abolished in the U.A.E. Companies may or may not be subject to minimum capital requirements, dependent on the size, nature and goals of the business.It is easy to open global corporate bank accounts following company registration and Dubai L.L.C. set up.