The government of the UAE, in an effort to promote trade and business setup in UAE, has been working on a policy of bringing diversified business setup in Dubai and different legal business entities. The aim was to create an environment where all types of businesses from different industries could not only survive but flourish because of the favorable conditions. Moderate paper work, quick processes and moderate processing fees are part of the incentives provided to the businesses as well.
All those involved in company formation at KWS Middle East know how to maneuver the process of company formation for the company’s clients. Perfect knowledge of documents and processes allow the consultancy to make processes quicker and the company to take a flying start.
Mainland company formation in Dubai is one type of company formation that has proved to be fruitful for those who want to own a business setup in Dubai.
With the Formation of Dubai Mainland Company comes freedom for the business owners because the rules and regulations do not put too many limits on the business activities being conducted.
If the owner has a professional license, 100% ownership can remain with the investor however, the local agent option still holds. The job of the local agent will be to act as a figurehead while legal agreements are drafted and business documentation is completed. This law has been changed in Emirate of Dubai, you no longer require a local sponsor for starting a business in Dubai rather can aide from the new local agent structure which gives more security to new business owners and an opportunity to make it hassle-free.
There are certain features that make mainland company Dubai attractive for the investors. These features are tax incentives and the freedom to trade. Let’s look at some other features.
There are three types of Mainland company formation in Dubai that investors can choose from: