Can foreigners own 100% of a Dubai mainland company?
Yes, 100% foreign ownership is now permitted in most business activities when setting up a business in Dubai mainland following UAE's 2021 commercial law reforms. No local partner or sponsor required for majority of sectors, though some restricted activities may still have special conditions.
How long does company formation in Dubai mainland take?
The complete business setup in Dubai mainland typically takes 7-15 business days once all documents are prepared and submitted. Timeline depends on business activity complexity, special approvals required, and office lease processing.
Is a physical office mandatory for Dubai mainland companies?
Yes, all companies starting a business in Dubai mainland must have a physical commercial office with minimum 200 sq ft space. A valid Ejari (tenancy contract) registration is required for trade license issuance.
What are the total costs for business setup in Dubai mainland?
Setup costs range from AED 15,000 to AED 35,000 depending on business activity, license type, office location, and number of visas. This includes government fees, documentation, and professional services (excluding office rent).
Do I need a Local Service Agent (LSA) for company formation in Dubai mainland?
Not for all activities. Commercial licenses typically don't require LSA with 100% foreign ownership allowed. Professional licenses may need LSA appointment - they act as government liaison without owning shares.
What happens if I don't renew my Dubai mainland license on time?
Late renewal results in penalties, license suspension, and potential blacklisting. Annual renewal through Dubai Department of Economy and Tourism (DET) is mandatory to maintain active business status.
Can I change business partners or shareholding after company formation in Dubai mainland?
Yes, ownership changes are possible by amending the Memorandum of Association (MOA) and obtaining DET approval. Partner additions, removals, and shareholding modifications are permitted through official amendment process.
Must I be physically present during business setup in Dubai mainland?
Physical presence is required for key steps like document signing and license collection. However, many preparatory steps can be completed remotely through Power of Attorney arrangements.
Is VAT registration required when starting a business in Dubai mainland?
VAT registration is mandatory when your business's taxable supplies exceed AED 375,000 annually. Registration must be completed with the Federal Tax Authority (FTA) within specified timeframes.
Can Dubai mainland companies bid for government contracts?
Yes, only Dubai mainland companies are eligible to bid for UAE government tenders, contracts, and public sector projects. Free Zone companies cannot participate in government contracting.
How many visas can I get with my Dubai mainland company?
Visa quota depends on your office space size and business activity. Larger offices allow more visas - typically 1 visa per 200-250 sq ft of office space, with flexibility based on business requirements.
Can I operate my Dubai mainland company remotely?
While you can manage operations remotely after setting up a business in Dubai mainland, physical presence requirements exist for renewals, banking, and compliance matters. A local representative or PRO service is recommended for ongoing operations.