Mainland Company Formation
All mainland (onshore) UAE legal entities are required to be licenses by the Department of Economic Development (DED) and governed by the UAE Commercial Law (CCL). Increased government support has increased the attractiveness of this option for many individuals and businesses.
Advantages of Setting up a Mainland Company:
- No restrictions on the number of visas that can be obtained
- No restrictions on the location where the company can rent/buy office premises
- Yearly audit is not mandatory
- Easy set up process
- Easy to open a bank account
- The government has permanently waived any paid-up capital requirements