Setting up a business in Dubai, United Arab Emirates (UAE) can be a strategic decision for
entrepreneurs seeking a gateway to a thriving economy with a dynamic business
landscape.

For having
a strategic location, investor-friendly policies and an excellent infrastructure, the
UAE has to offer a bundle of opportunities for entrepreneurs around the world.

One of the most popular options for business formation in
the UAE is establishing a mainland company.

In this following
passages, we will explore the advantages of mainland company formation
and how Key Consult, a trusted business consultancy firm, can help
entrepreneurs navigate the process with ease.

I. Understanding Mainland Company Formation in the UAE

A mainland company in the UAE refers to a business entity
registered under the jurisdiction of the local government.

It allows businesses to operate and trade within the UAE
market and conduct business with other mainland companies as well as government
entities without any restrictions.

Unlike free zone companies, mainland companies can access
the broader local market and are not confined to specific free zone locations.

Advantages of Mainland Company Formation:

1. Access to the Local Market: Mainland companies
enjoy unrestricted access to the entire UAE market, opening doors to a diverse
customer base. This allows entrepreneurs to tap into the country’s robust
economy and its increasing consumer demand.

2. No Currency Restrictions: Unlike free zones,
mainland companies can conduct business in any currency, facilitating
international trade and investment.

3. Government Contracts: Mainland companies are
eligible to bid for government contracts, providing further business
opportunities and stability.

4. Flexible Office Locations: Mainland
companies have the flexibility to set up their offices in any part of the UAE,
depending on their business requirements.

5. Unlimited Business Activities: Mainland
companies are allowed to
incorporate a wide range of business activities, which offers business owners the freedom
to explore various sectors an
do trade with the fullest potential.

II. Key Consult: Your Partner in Mainland Company Formation

Established with the mission to simplify the process of
company formation and offer comprehensive business solutions, Key Consult
is a leading business consultancy firm in the UAE.

With years of experience and a team of seasoned experts,
Key Consult has gained an excellent reputation for guiding entrepreneurs
through the intricacies of setting up a mainland company in Dubai or Abu Dhabi or other areas of
the UAE.

How Key Consult Can Help You:

1. Expert Guidance: Key Consult provides
expert guidance and in-depth knowledge of the UAE business landscape, ensuring
that entrepreneurs make informed decisions during the company formation
process.

2. Company Structure Selection: Understanding
the unique requirements of each business, Key Consult assists in selecting
the most suitable legal structure for the mainland company.

3. Documentation and Legal Procedures:
Navigating the legal procedures can be complex, but Key Consult
streamlines the process by handling all the necessary documentation, approvals,
and registrations.

4. Local Sponsorship: In the UAE, mainland
companies require a local sponsor or service agent. Key Consult connects
entrepreneurs with reliable local sponsors, ensuring compliance with local
regulations.

5. PRO Services: Key Consult’s Public
Relations Officer (PRO) services take care of visa processing, work permits,
and other governmental formalities, allowing entrepreneurs to focus on their
business growth.

6. Bank Account Opening: Key Consult assists
in opening corporate bank accounts, facilitating smooth financial transactions.

III. The Mainland Company Formation Process:

1. Determine Business Activity: The first step
is to define the nature of the business and the scope of activities the company
will undertake.

2. Choose a Business Name: Selecting a unique
and relevant business name is crucial, and Key Consult can assist in
ensuring name availability and reservation.

3. Local Sponsorship: For mainland company
formation, a local sponsor is required. The sponsor is a UAE national who holds
51% ownership in the company, while the remaining 49% is owned by the foreign
investor. Key Consult helps entrepreneurs find a trustworthy sponsor.

4. Documentation and Licensing: Key
Consult handles all the documentation and licensing requirements, which makes the registration
process smoother.

5. Office Space: The company must have a
physical office address in the UAE. Our firm aids in finding suitable office spaces as per the
business needs.

6. Bank Account Opening: Key Consult
facilitates the process of opening a corporate bank account with reputable
banks in the UAE, which will
ensure smooth financial transactions across the world with local, foreign and
multinational corporations and banks.

Establishing a mainland company in the UAE through Key
Consult offers entrepreneurs an opportunity to harness the country’s
thriving business ecosystem.

With the benefits of unrestricted market access, local
sponsor support, and simplified procedures, entrepreneurs can focus on their
business growth while leaving the complexities of company formation to the
experts at Key Consult.

By leveraging their expertise and industry knowledge, Key
Consult proves to be a valuable partner for businesses, ensuring a seamless
and successful company formation journey in the UAE.