Setting up a business on the mainland in Dubai offers numerous benefits and opportunities for growth, making it a popular choice for entrepreneurs and investors. Businesses on the mainland have direct access to the local market, allowing them to interact freely with customers and other businesses in the UAE. Additionally, these businesses can bid for government contracts, which can significantly contribute to their income and expansion. Here’s a straightforward guide on how to start a small business on the mainland in Dubai.
When choosing between setting up an office on the mainland in Dubai or a free zone, it’s crucial to understand the main differences:
Access to the Market:
Businesses on the mainland can operate across the UAE without limitations, while those in free zones are restricted to their zones unless they hire a local distributor. This wide-open access to the market is vital for businesses aiming to reach a larger customer base in the UAE.
Ownership and Sponsorship Requirements:
Starting a business on the mainland in Dubai usually requires a local Emirati sponsor who owns at least 51% of the company’s shares. However, recent changes have allowed 100% foreign ownership in some areas. In contrast, free zone businesses can own 100% of the business without needing a local sponsor, making them attractive to foreign investors seeking full control.
Types of Business Activities Allowed:
Mainland businesses can engage in various activities, including commercial, professional, and industrial operations. Free zones, on the other hand, are often specialized and may restrict the types of activities based on the zone’s focus.
Office Space Requirements:
Mainland businesses need to rent office space in Dubai and comply with local regulations. Free zones offer more flexible office options, such as virtual offices and co-working spaces in Dubai, which can be more cost-effective for startups and small businesses.
I-Business Centre Dubai:
For those interested in starting a business on the mainland in Dubai, I-Business Centre offers a full range of services to simplify the setup process. Leveraging their extensive knowledge and understanding of the local market, I-Business Centre provides comprehensive business setup solutions, including office leasing, licensing, and administrative support. Their corporate offices in prime areas like Business Bay, Port Saeed, and Deira Dubai boast the latest facilities, ensuring a professional and efficient work environment.
