How do I get 100% ownership in Dubai Mainland?

 Mainland company formation is a very beneficial choice when it comes to establishing or growing your business in Dubai. A mainland entity is an onshore business that has received a license from the relevant emirate’s Department of Economic Development (DED) and is authorized to conduct business both domestically and abroad.

A mainland business setup in Dubai is the most well-liked and practical choice when it comes to starting a business because it provides the majority of the advantages that Dubai has to offer. The Dubai mainland company is a favorite among investors because of the latest amendment of the 100% ownership in Dubai mainland. Additionally, there are no limitations on where you can trade under the mainland business structure in Dubai.

Who can hold 100% ownership in Dubai mainland?

The latest declaration by the UAE government will redefine and revolutionize how business is conducted in the future. Under specific restrictions, the UAE government has permitted 100% ownership of business in UAE . Earlier it was necessary for a business owner to have a 51% partnership with a local Emirati and 49% for the foreign national.

DED, Dubai may/will decide the proportion of foreign ownership authorized for their mainland firms, even if the UAE cabinet permits up to 100% foreign ownership for the concerned business activities.

The Dubai Economic Department (DED) is responsible for evaluating individual applications from businesses whose operations are on the list to see if they qualify for 100% ownership in Dubai mainland.

However, the rule depends completely on the nature of business activity that you have planned to open in the Emirates. Some businesses are allowed 100% foreign ownership while for some you still need to have a local sponsor to avail the 51% local and 49% foreign ownership in the company.

What are the benefits of 100% ownership in Dubai mainland?

The 100% ownership in Dubai mainland offers a lot of benefits such as-

• 100% ownership is very appealing to business owners. Consequently, the regional and economy and the number of investors in the Emirates both rise.
• Globally, the UAE has grown significantly and surpassed as the top investment destination. This gives a boost to the UAE economy as a whole.
• Investors who were affected during the covid-19 pandemic can benefit a lot from the implementation of the 100% ownership in Dubai mainland.
• Currently, company establishment, neither a resident visa nor a local sponsor are necessary. Once the company has been established, you may apply for a three-year residence visa.

Start Your Business in Dubai Mainland with Radiantbiz

Radiantbiz is one of the top business setup consultant in Dubai. All of our clients benefit from the enormous industry expertise and experience of our skilled advisors. We are the best option if you want to have 100% ownership in Dubai mainland. We can advise you on how the new law will benefit your company and how to manage the complete process smoothly.

There are many regulatory conditions that must be met in order to establish a mainland firm in Dubai. By getting expert assistance from our reputable business setup team, you can maintain managerial and financial control of your organization.

How RadiantBiz will help you-

• When you work with us, you won’t have to worry about the problems that you would otherwise experience. Our team will take care of all of your permissions, paperwork, documents, licenses, and other procedures.
• We have all the resources you will require to obtain license approvals in a quick manner.
• If you have us on your side, you won’t have to worry about visa applications.
• You can sit back and relax while we assist you in quickly opening a corporate bank account.

You can also get the required third-party approvals and permits with the assistance of our PRO experts.