Mainland

Under this new law, mainland companies that meet specific criteria can apply for a 100% foreign ownership license, which removes the need for a local sponsor or service agent (previously required to have a minimum share of 51% in the business). The criteria include a minimum share capital of AED 2.5 million, and the company must have been in operation for at least one year. However, it’s important to note that some sectors still require a local Emirati partner, and companies operating in these sectors will need to adhere to the previous ownership structure. In this case, Innovios could provide a corporate nominee that will act as a local partner that will only have a representative role, enabling to retain 100% of the business.

Flexibility

Mainland companies are allowed to operate in any part of the UAE and conduct business activities within the local market and internationally without any restrictions.

No Limitations On Activities

There are no limitations on business activities that a mainland company can engage in, except for a few specific sectors that require certain approvals or permits.

Easy access to local markets

Mainland companies enjoy direct access to the local market, making it easier for them to reach potential customers and establish partnerships with suppliers and other businesses

Government Contracts

Mainland companies are eligible to bid for government contracts and projects, which can open up new business opportunities

No minimum capital requirement

Mainland companies don’t have any minimum capital requirements, allowing businesses to start with a minimal investment.

Access to talented workforce

Mainland companies have access to a diverse talent pool, including both local and expatriate employees, which can help in attracting skilled workers to the company.

Ability to apply for various types of visas

Mainland companies can apply for a wide range of visas for their employees, including investor visas, employment visas, or family visas, which can facilitate the hiring of employees from different nationalities

Complete control and ownership

For specific sectors, mainland companies can apply for a 100% foreign ownership license, which removes the need for a local sponsor or service agent, and allows business owners to have complete control and ownership of their establishment

Companies opting for a UAE mainland incorporation can choose among a list of over 2,000 business activities, here are some of the common activities available:
  • General Trading
  • Import and Export
  • Manufacturing
  • Logistics and Warehousing
  • Information Technology and Software Development
  • Construction and Contracting
  • Professional Services
  • Retail and Wholesale Trading
  • Food and Beverage
  • Real Estate and Property Management
  • Healthcare and Medical Services
  • Education and Training Services
  • Advertising and Marketing
  • Travel and Tourism
  • Financial Services
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