There are many benefits of mainland company setup in Dubai, compared to free zone. Here we’ll talk about currency restrictions, freedom of office location, and Government projects. There are many benefits of establishing a business on the mainland, and this article will help you decide which is best for your business. Then, you can make an informed decision when deciding where to set up your office. Read on to discover more.
The UAE government releases different types of government assignments, which allow you to operate in Dubai. As a business owner, you can take advantage of this. There are no currency restrictions in the mainland. Moreover, you can set up any business you want, despite the currency restrictions. You can launch any business in any zone on the mainland and enjoy all the benefits that come with it. However, you must remember that opening a bank account in the mainland involves numerous procedures and paperwork.
Freedom to choose office location:
When doing business in the UAE, mainland companies enjoy freedom to select the office location that best suits their needs. A free zone is usually restricted to businesses that can only operate in that area, but mainland companies can conduct business in any part of the UAE. They can even establish more than one branch. In the free zone, businesses are often limited to specific industries. Free zones are also limited in terms of currency, but mainland companies can have unlimited freedom to choose their office location.
Having a business license in the UAE is a great way to compete for government projects. Government projects are a huge business opportunity, and require highly specialized contractors to complete them successfully. Establishing a mainland business allows businesses to bid for these contracts. Since free zone companies cannot compete against mainland commercial businesses for government contracts, businesses seeking to work on these projects must form a mainland company. For more information about obtaining a mainland license, read the following article.
Cost of a business license:
The cost of a business license to do all business in the UAE mainland varies depending on your industry, number of shareholders, and your company’s legal structure. However, the cost of a business license in the UAE mainland is not a prohibitive amount. It can be as low as AED 1,917 a month. You may also need a UAE visa to operate your business in the country.