1. Q: What is a mainland company in Dubai?
- A: A mainland company is a business entity registered and licensed to operate in the mainland of Dubai under the regulations of the Department of Economic Development (DED).
2. Q: What are the key advantages of setting up a mainland company?
- A: Mainland companies have the flexibility to conduct business anywhere in the UAE, bid for government contracts, and engage in a wide range of business activities.
3. Q: Do I need a local sponsor for a mainland company?
- A: Depending on the legal structure of your company, you may need a local sponsor who holds at least 51% of the shares. However, there are certain legal structures that allow for 100% foreign ownership without a local sponsor.
4. Q: Can I choose any business activity for my mainland company?
- A: Mainland companies have a broad range of permitted business activities. However, the specific activities will depend on the nature of your business and the type of license you apply for.
5. Q: What are the office space requirements for a mainland company?
- A: The Department of Economic Development (DED) typically has specific requirements for the size and type of office space based on the nature of your business activity.
6. Q: How long does it take to establish a mainland company?
- A: The timeline can vary, but on average, it takes a few weeks to a couple of months to complete the entire process, including obtaining approvals and licenses.
7. Q: Can I operate my mainland company internationally?
- A: Yes, mainland companies can conduct business internationally. They have the freedom to operate not only in Dubai but also anywhere in the UAE and beyond.
8. Q: Are there any specific regulations or restrictions for mainland companies?
- A: Mainland companies operate under the regulations of the Department of Economic Development (DED), and compliance with these regulations is essential. Certain business activities may have additional industry-specific regulations.
9. Q: Can I own multiple mainland companies in Dubai?
- A: Yes, it is possible to own multiple companies in Dubai, either within the same industry or across different sectors. Each company will go through the registration process independently.
10. Q: Is it mandatory to register with the Chamber of Commerce? – A: Yes, registering with the Dubai Chamber of Commerce and Industry is a standard step for mainland companies, and it is part of the overall process of establishing and legitimizing your business.