When it comes to starting a new business or expanding an existing one, Dubai is a top option for foreign investors. Because of its exceptional location and simple access to all of the major countries in the world, it is an excellent choice. Dubai, on the UAE mainland, is also a popular place to launch a business.
If you're an aspirational entrepreneur, establishing a company in Dubai Mainland should be your first goal. Here you can benefit from a flexible legal system designed in line with the government of the United Arab Emirates.
One of the most developed economies is represented by the mainland of Dubai, which offers all the resources required for smooth corporate operations. But, you'll need a license before you begin setting up your mainland company in Dubai. You can secure this from Dubai's Department of Economic Development (DED).
100% foreign ownership of mainland UAE companies has been permitted by Government of Dubai.
To obtain a Dubai Mainland license, there is no requirement for immediate capital deposit in bank.
By setting up a Mainland company in Dubai, investors can enjoy 100% Corporate Tax exemption on yearly net income or gain.
Unlike other activities, there is no limit on visa applications for business owners in Dubai Mainland.
The investor can choose the office location and operate anywhere in Dubai.
Companies located on the mainland are free from the annual audit requirement. This is an advantage that companies located in free zones do not have.