{"id":1742,"date":"2020-11-28T10:04:10","date_gmt":"2020-11-28T10:04:10","guid":{"rendered":"https:\/\/emiratesbd.ae\/blog\/?p=1742"},"modified":"2020-11-28T10:04:11","modified_gmt":"2020-11-28T10:04:11","slug":"top-10-advantages-of-setting-up-a-company-in-the-dubai-mainland-2","status":"publish","type":"post","link":"https:\/\/emiratesbd.ae\/blog\/top-10-advantages-of-setting-up-a-company-in-the-dubai-mainland-2\/","title":{"rendered":"TOP 10 ADVANTAGES OF SETTING UP A COMPANY IN THE DUBAI MAINLAND"},"content":{"rendered":"\n<p>Dubai has always topped the charts of\nthe best places in the world for company setup. With\nexcellent&nbsp;infrastructural facilities, good connectivity, several avenues\nfor growth, a pool of talented human&nbsp;resources along with its\ngeographically strategic location give Dubai a vantage point.&nbsp;In fact, the\nDepartment of Economic Development or DED, the apex body for&nbsp;company\nformation in Dubai, encourages and eases the process of business formation.<\/p>\n\n\n\n<p>There are two\nprimary jurisdictions in Dubai \u2013 the Dubai mainland and the Free Zones, each\noffering its&nbsp;own set of advantages. The location for business formation is\nlargely dependent on the business&nbsp;activities and the type of license. It\nis crucial to keep in mind that the mainland company formation\nlaws&nbsp;require you to have a local partner to have 51% of the equity with a\nfew exceptions like:<\/p>\n\n\n\n<ul><li>Activities with 100% GCC ownership<\/li><li>Businesses located in the Free Zones<\/li><li>GCC company formed in partnership with UAE\ncitizen-instances where GCC companies (wholly owned) enter into a partnership\nwith UAE national<\/li><li>Where the law requires 100% local ownership<\/li><\/ul>\n\n\n\n<p>Dubai Mainland\nrefers to the total geographical area where private businesses can operate,\npermitted&nbsp;by the DED (Dubai Economic Department). Dubai Mainland offers\nlucrative opportunities for business&nbsp;setups like restaurants, luxury goods\nand car manufacturers etc.&nbsp;So, why should you invest in the Dubai\nMainland?<\/p>\n\n\n\n<p>There are many\nplus points to set up your business in the Dubai Mainland.<\/p>\n\n\n\n<p>We have listed\nthe top 10 advantages:<\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<p>1. Zero tax:\nNo corporate or personal tax&nbsp;<\/p>\n\n\n\n<p>2.\nTrouble-free recruitment process with no limit on employment visa<\/p>\n\n\n\n<p>3. Low\nimport duty<\/p>\n\n\n\n<p>4. Limited\nrestrictions on a minimum capital requirement<\/p>\n\n\n\n<p>5. No annual\naudits<\/p>\n\n\n\n<p>6. No\nlimitations on legal documents processing<\/p>\n\n\n\n<p>7. No\nlimitations on recruitment<\/p>\n\n\n\n<p>8.\nAvailability of office spaces with affordable and flexible rental and lease\nplans<\/p>\n\n\n\n<p>9. Ease of\ngetting affordable space with flexible rent or lease for office anywhere<\/p>\n\n\n\n<p>10.\nFlexibility to conduct business anywhere in Dubai<\/p>\n\n\n\n<p>These are the\njurisdictions that allow company set up in Dubai Mainland:<\/p>\n\n\n\n<ol><li><strong>Sheikh Zayed Road: <\/strong><\/li><\/ol>\n\n\n\n<p>The very lifeline of Dubai, the road is dotted with the\nwell-known landmarks&nbsp;that are synonymous with Dubai. It is also home to\nthe most prominent business ventures and&nbsp;top companies of the business\nrealm.<\/p>\n\n\n\n<ul><li><strong>Business Bay:<\/strong><\/li><\/ul>\n\n\n\n<p>Ideal for businesses in hospitality, financial, retail sectors,\nconsultancies, Business&nbsp;Bay provides you with the necessary infrastructure\nto get your company set up and running within a short span of time. The central\nbusiness district in Dubai, it has several business setup centres.<\/p>\n\n\n\n<ul><li><strong>Jumeirah:<\/strong><\/li><\/ul>\n\n\n\n<p>The premium sea-front area, Jumeirah has many residential\ncomplexes and exclusive,&nbsp;high-end business development modules.<\/p>\n\n\n\n<ul><li><strong>Al Karama, Bur Dubai, And Deira:<\/strong><\/li><\/ul>\n\n\n\n<p>These three areas are part of old Dubai and are famous\nfor&nbsp;the gold souk and historical spots. These areas also have real estate,\nresidential buildings and&nbsp;wholesale markets.<\/p>\n\n\n\n<ul><li><strong>Al Quoz:<\/strong><\/li><\/ul>\n\n\n\n<p>A fast developing commercial hub of Dubai, Al Quoz provides you\nwith warehouses and&nbsp;other facilities for industrial set-ups within easy\nreach of Dubai. Divided into four main zones \u2013&nbsp;factories, industrial\nsetups, warehouses and other locations, Al Quoz also has several\nshopping&nbsp;centres, malls, and labour accommodation zones.<\/p>\n\n\n\n<ul><li><strong>Al Qusais:<\/strong><\/li><\/ul>\n\n\n\n<p>The centre for education and medical institutes, Al Qusais also\nhas many residential&nbsp;areas and industrial zones as well.<\/p>\n\n\n\n<p>So, are you ready to set your business in Dubai Mainland? Get in touch with registered company&nbsp;formation agents to get you started.<\/p>\n\n\n\n<p>Source: worldwideformations.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dubai has always topped the charts of the best places in the world for company setup. With excellent&nbsp;infrastructural facilities, good connectivity, several avenues for growth, a pool of talented human&nbsp;resources along with its geographically strategic location give Dubai a vantage point.&nbsp;In fact, the Department of Economic Development or DED, the apex body for&nbsp;company formation in Dubai, encourages and eases the process of business formation. There are two primary jurisdictions in Dubai \u2013 the Dubai mainland and the Free Zones, each offering its&nbsp;own set of advantages. 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With excellent&nbsp;infrastructural facilities, good connectivity, several avenues for growth, a pool of talented human&nbsp;resources along with its geographically strategic location give Dubai a vantage point.&nbsp;In fact, the Department of Economic Development or DED, the apex body for&nbsp;company formation in Dubai, encourages and eases the process of business formation. There are two primary jurisdictions in Dubai \u2013 the Dubai mainland and the Free Zones, each offering its&nbsp;own set of advantages. 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