Setting up your business in Dubai Mainland
We know that establishing your business in a new market may turn into a complicated process; especially if you are on your own. Similarly, in Connect Group we are strategically located to assist our corporate and individual partners providing them with the best company formation in Dubai Mainland services at the best prices across the UAE.
On the other hand, we combine our local experience with our innovative consulting skills as well as creativity and innovation to develop outstanding services for our partners. That is to say, our approach consists of a fast diagnosis of your concerns and the execution of rapid solutions; this way we ensure a fast resolution to your problems.
Our Dubai Mainland business setup service includes customizable solutions to your concerns. In the same vein, we deliver solution-oriented and cost-effective legal services when you are establishing here; they will exceed your expectations.
Our services allow you to achieve your objectives and solve your problems by performing innovative, challenging, and effective research on your behalf. In addition, we deliver realistic and practical legal advice grounded to your goals. With a pragmatic approach, all our partners are guided and advised with an in-depth understanding of their requirements.
What isMainland license in UAE?
A trade license in Dubai Mainland is also known as an onshore license; it allows you to run your business in the UAE and abroad without any limitations. On the other hand, the Department of Economic Development (DED) is the government body in charge of issuing these licenses.
A mainland organization is an onshore business licensed by the DED of the emirate in which it is allowed to conduct business in the local as well as the outside market without any type of restrictions.
In June 2021, the government introduced some policies that allow you to obtain a Mainland license without a local sponsor. That is to say, now foreign entrepreneurs and investors can start their business in Mainland Dubai with full ownership. Similarly, according to the DED, there are more than 900 industrial and commercial activities in 100% of foreign ownership.
Our company formation in Dubai Mainland encourages foreign investment into vital business sectors of the country’s economy. In addition, these measures will improve entrepreneurship including citizenship for talented workers and a 10-year investor visa. Therefore, the government is implementing these policies to make the UAE a more investor-friendly country.
In Connect Group our team of specialized experts work first on developing a broad knowledge of our partner’s issues, understanding their incorporation or relocation problems they are facing, and then, present a business solution to these types of challenges; that is why our Dubai Mainland business setup service is the best option for you.
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How can Connect Group assist you to set upyour business in Mainland Dubai?
Right now, is probably the best time to choose our Dubai Mainland business setup service. The UAE government has implemented new measures, rapid timelines, flexible, regulatory procedures, new company laws, and easy approval procedures that have made the Dubai Mainland a good choice among the UAE investors, start-up community, and entrepreneurs.
As we mentioned earlier, you no longer need a local sponsor in order to start your business and obtain the trade license in Dubai Mainland; this means you can now own 100% of the onshore business. In addition, you only need a physical office space and our company formation in Dubai Mainland to start.
In the same vein, having a DED license will allow you to work along with government entities easily and trade in the UAE. Further, our team will make the hard and overwhelming bank account opening process as easy as possible for you.
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If your business chooses the do-it-yourself approach; the first thing you must undertake is to set up a local entity via registration and incorporation. However, this will be an expensive and consuming process, requiring accounting and skilled legal support to ensure the most important thing in this area; compliance.
Similarly, of course, there are some businesses that can bear the cost and time of setting up a branch office; but there are some instances where taking advantage of a local EOR service provider like us is a better option. In addition, we have an already existing legal entity that will handle immigration and labor requirements in the UAE. Further, we have massive expertise being the intermediary between the organization and its workers; ensuring full compliance with all regulations and laws.
In the UAE, immigration policies and regulations are constantly changing. Moreover, there is more scrutiny by the government regarding visas, types of organization activities, and work permits. Thus, this makes compliance the most important challenge for relocating businesses since immigration violations have several consequences for a business and the involved.
However, instead of risking non-compliance issues with the immigration authorities; many businesses decide to work with us through our EOR and PEO services. Likewise, with this practice, your staff working in the UAE will have no problems with the overuse of business visas, multiple entries, and remote payroll. That is to say, we will handle all visa and work permit necessities and avoid complications from the immigration authorities.
Most countries will mandate businesses with workers on assignment to manage a payroll complying with the local standards and a registered entity. Similarly, this practice of “remote payroll” is not always allowed, especially for long-term assignments.
Likewise, a key aspect of doing businesses in the UAE is the withholding and calculation of the different pay deductions, such as health insurance, taxes, and pensions. We take care of these crucial areas; ensuring full accurate compliance for all your business workers. EOR and PEO services are your best employment solution; we provide the needed legal entity to run payroll with experience in tax regulations. Therefore, ensuring an issue-free process with the local authorities.