Mainland Company Formation
Understanding what a UAE mainland corporation is and why having one is crucial can be essential for entrepreneurs looking to establish their business in the UAE. A mainland firm is a business that has been granted a license by the Department of Economic Development (DED) in the relevant emirate of the United Arab Emirates. In contrast to free zone companies, mainland corporations have no geographical limitations, allowing them to conduct business anywhere in the UAE.
One of the key benefits of forming a mainland corporation in the UAE is that it allows businesses to operate in the local market without the need for a local sponsor or partner. This can be especially beneficial for foreign investors who wish to retain complete ownership and control of their business. Moreover, mainland corporations are also eligible for government tenders and contracts, which can be a significant source of revenue for businesses in the UAE.