August 17, 2020

Dubai Business Boom Quick and Easy Mainland Company Setup Explained

Best Company Setup Service | Dubai | UAE

Company setup in Dubai is becoming quicker and easier than ever before, in line with the idea of the Department of Economic Development (DED) in Dubai to help company owners launch and expand their business operations without the need for lengthy processes, paperwork, and administration. Dubai offers different type of business activities and the following are the few important and famous types:

Mainland company setup in Dubai:

For Company formation in Dubai Mainland, a UAE national is required who is known as local support or sometimes local sponsor. A Local sponsor holds the highest number of shares, which is (51% shares) and investor (Foreign) will hold just (49% shares). Following are a few benefits of Mainland company set up in Dubai:

  • Mainland company set up in Dubai provides tax optimization
  • Mainland company set up can be operated from any part of Dubai
  • No currency restrictions in Dubai Mainland company set up
  • Easy processing of employment visas in Dubai Mainland company set up
  • Dubai Mainland company set up has no audit requirement
  • Mainland company setup will provide 100% repatriation of profits and capital gains
  • Simple incorporation process to start Mainland Company set up in Dubai
Free Zone Company Setup in Dubai:

Free Zone company formation in Dubai is a very famous type of business set up and has many great advantages and perks. Following are some benefits of Free zone company set up in Dubai:

  • Company set up in free zone offers 100% foreign ownership of the company
  • Company set up in free zone offers 100% exemption of import and export duties
  • Company set up in the free zone provides 100% free transfer of funds
  • Company set up in free zone benefits 100% repatriation of capital and profits and gains
  • Dubai Free zone company set up is fast and easy and hassle-free
  • Company set up as a free zone offers easy recruitment procedures and cost-effective workforce from around the globe
  • Dubai Free zone offers cost-effective lease options on land, warehouse facilities
List of Dubai Free zones
  • Jebel Ali Free Zone
  • Dubai Multi Commodities Centre
  • Gold & Diamond Park
  • Dubai Knowledge Village
  • Dubai International Financial Centre
  • Dubai Airport Free zone
  • Dubai Silicon Oasis
  • Dubai Internet City
  • Jumeirah Lake Towers
  • Dubai Media City
  • Dubai Health Care City
  • Dubai Maritime City
Offshore Company Setup in Dubai:

An offshore company or business set up is sometimes called as International Business Company or a Non-Resident Company. An offshore company setup is a lawful Business set up in an Offshore Jurisdiction. Some of the benefits of Dubai Offshore Company are:

  • Offshore Company Set up in Dubai offers Tax exemption
  • There is no local national involvement required for Offshore Company formation in Dubai
  • Offshore Company Setup is 100% ownership
  • Offshore Company Setup providers 100% repatriation of profits
  • Offshore business is suitable for any kind of international business
  • Offshore Company Setup in Dubai requires no office space requirements
  • Offshore Company Setup provides Great confidentiality
  • Offshore Company Setup in Dubai also beneficial for Multi-currency bank accounts
Type of License issued in Dubai:

In order for companies to work in Dubai, they have to have a license for them to carry out their business activities. A company is only allowed to perform operations listed in the license issued by the authorities. Following is the main type of licenses issued by governing authorities:

  • Trading License
  • Industrial License
  • Professional Services License
Trading License:

Under trading, license companies are allowed to carry out trading activities such as buying, purchasing, selling the items, and goods listed in the license issued by the authority.

Industrial License:

Under Industrial license, companies are allowed to carry out the manufacturing of the items and goods listed on the license issued to the company by the authority. An industrial license may require additional approval from the environmental agency.

Professional Services License:

Under service, license companies are allowed to provide services listed on the license issued to the company by the authority.We at MSZ corporate services provider offers a complete range of packages for company setup in Dubai. Our dedicated team is ready to take on the task of company setup in Dubai. For inquiries in regards to company setup in Dubai please Click Here to Contact MSZ or Email to info@msz.ae