
A local company incorporated in the Mainland of the country is a versatile business vehicle that has no geographical restrictions on its operations and provides ample opportunities for businesses in the UAE. This type of company is suitable for investors and entrepreneurs seeking a long-term presence in the Emirate. Due to recent legislative changes allowing 100% foreign ownership, incorporating a Mainland company provides an absolute advantage over Free Zone companies.
According to the new regulations, certain commercial activities that previously required the establishment of a local partnership for the LLC structure are now fully exempt from such requirements for the main types of business operations. This has significantly increased the unconditional benefits of establishing a business in the local market (there is no longer a need for a local partner holding 51% of shares, as all 100% can be owned by you).
Unique features of local Mainland companies
Local (registered on the main land) companies enjoy maximum support from the state and are a special tool for doing business in the domestic market of the United Arab Emirates and beyond. This form of business organization is defined by legislation and has no analogues in other countries.
1. Organizational and legal forms;
2. Professional nominal service;
3. Office availability;
4. Business Licensing;
5. Company Management;
6. Nominal service.
Commercial Licenses (LLCs) available for complete foreign ownership
A locally incorporated LLC is the most trusted entity for meeting the requirements for establishing an economic presence under a streamlined process, engaging with counterparties, and conducting business activities without restrictions, among banks and financial institutions.
The opportunities offered by the incorporation of a local company in the UAE
Local companies can fully use the tools of the UAE legislation, have a privileged position when working in the domestic market, in the Persian Gulf countries and when doing business ”under the flag” of the Emirates in the international space, as well as the status of an uncontested legal entity in dealing with counterparties, including banks and financial institutions.
1. Participation in tenders;
2. Tax residency;
3. Ownership of real estate;
4. Creation of a cash and settlement center;
5. Data Privacy;
6. Building holdings and structures.
According to the new regulations, certain commercial activities that previously required the establishment of a local partnership for the LLC structure are now fully exempt from such requirements for the main types of business operations. This has significantly increased the unconditional benefits of establishing a business in the local market (there is no longer a need for a local partner holding 51% of shares, as all 100% can be owned by you).
Unique features of local Mainland companies
Local (registered on the main land) companies enjoy maximum support from the state and are a special tool for doing business in the domestic market of the United Arab Emirates and beyond. This form of business organization is defined by legislation and has no analogues in other countries.
1. Organizational and legal forms;
2. Professional nominal service;
3. Office availability;
4. Business Licensing;
5. Company Management;
6. Nominal service.
Commercial Licenses (LLCs) available for complete foreign ownership
A locally incorporated LLC is the most trusted entity for meeting the requirements for establishing an economic presence under a streamlined process, engaging with counterparties, and conducting business activities without restrictions, among banks and financial institutions.
The opportunities offered by the incorporation of a local company in the UAE
Local companies can fully use the tools of the UAE legislation, have a privileged position when working in the domestic market, in the Persian Gulf countries and when doing business ”under the flag” of the Emirates in the international space, as well as the status of an uncontested legal entity in dealing with counterparties, including banks and financial institutions.
1. Participation in tenders;
2. Tax residency;
3. Ownership of real estate;
4. Creation of a cash and settlement center;
5. Data Privacy;
6. Building holdings and structures.