Mainland Company is an onshore company licensed by the Department of Economic Development (DED) of the related Emirate of UAE which is allowed to do business in the Local market as well as outside UAE without any restriction. Following are some of the main features:
- Upto 49% ownership for expat partner in case of trading/commercial license
- Upto 100% ownership for expat partner in case of professional/service license
- 100% repatriation of capital and profits
- No corporate tax
- No personal income tax
- Company can trade in local market without any restriction
- Entitlement of Visas as per Office space and business activity
- Physical office is mandatory.
- Process of opening and operations of bank account is easy.