Get Your Own Professional License
A mainland company is an onshore company licensed by the Department of Economic Development (DED) of the related emirate which is allowed to do business in the local market as well as outside UAE without any restriction. When it comes to company formation in Dubai, Mainland is the most popular and pragmatic choice as it has the maximum benefits that the country has to offer in setting up businesses.
However, there are certain regulations that one has to follow in the process, one of them being – One UAE national has to mandatorily hold at least 51% of the total equity in any commercial company, except in the following cases:
- Business activities that permit 100% Foreign Ownership
- Businesses located in Free Zones
- Partnerships between GCC companies and UAE National
- Business activities that permit 100% Local Ownership
The type of license will determine if one needs a local partner(Commercial and Industrial license) or a Local Service Agent(Professional License),