Benefits of setting up a mainland business in Dubaiby Wendy Murphy Tech Consultant
If you decide to set up a branch office, professional or commercial business in Dubai Mainland, you can know the benefits offered by it. Dubai Mainland offers lots of benefits to the companies, entrepreneurs, and investors who want to set up their business in Dubai.
Setting up a business in this destination is simpler than ever. The DED or Department of Economic Development aims to aids business owners in launching as well as growing their business without following any lengthy process. In fact, there are two jurisdictions available in Dubai that includes Free zones and Dubai mainland. The free zones and mainland provide various set of benefits based on the activities of your business and its license type. It also offers different licensing options including commercial license and professional license, so you can get the right one based on your business type.
Why select Dubai for setting up a Mainland business?
The mainland business formation in Dubai offers you several advantages. It encourages many business owners to set up their business in this destination. Dubai has now undergone a big transformation from the local trading platform into the most prosperous and successful city in this world. Now, Dubai appears as the highly attractive destination for both business owners and tourists. The best thing about Dubai is that it allows business owners to set up the business without any unwanted hassles and delay.
Advantages of starting your Mainland Business
Dubai mainland is a highly preferred and beneficial form of starting a business in Dubai due to its numerous benefits. If you want to know the benefits of business setup in mainland Dubai, you can read this passage carefully.
· Mainland business in Dubai is now exempted from the corporate tax.
· It does not require any capital requirement for setting up your mainland business
· Mainland business can trade with remaining mainland business in Dubai. They have some flexibility to do the business in various parts of Dubai. These are striking features that set them fully apart from the free zone business as they are limited to run their business in the respective free zone.
· The mainland business has several choices for the business activities
· The mainland companies can select the office location in Dubai. It is an excellent feature that let them not just to trade with the local market, but also open up several company branches hence enabling them to develop a lasting presence in this destination
· Mainland businesses are permitted to take on the government work unlike the free zone business that is limited from the undertaking government contracts as well as are only permitted for carrying out the private commercial work
· There is no restriction on the count of visas on mainland license. Though, the eligibility to get visas based on the office space. If you have more office spaces, you may get lots of visas
· It does not include any currency limitation for the mainland business
· 100% repatriation of both profits and capital are admissible
· The registration process for every mainland business is hassle-free and simple. It does not include any requirement for yearly audit.
Created on Feb 21st 2018 10:17. Viewed 1,065 times.