UAE Onshore
Mainland companies are on shore entities which are licensed by the Department of Economic Development (DED).
Mainland represents the most austere and developed economy and as such it is an attractive opportunity for foreign investors to set up legal entities thanks to its varied business activities and operational freedom. Onshore companies are able to conduct business anywhere in the UAE and abroad.
Dubai mainland company registration is still the first choice for most organizations when establishing their business presence in the city. Depending on the type of business activity, additional approvals from related authorities may also be needed; moreover some activities require qualified people within the company to demonstrate competency before approval can be given.
Opening an onshore company entitles foreign investors to receive a UAE residence permit for all shareholders as well as their direct relatives (spouses and children) as well as being able to real estate.
THE NEXT ERA GROUP OF COMPANIES is the leading firm providing corporate sponsorship and partnership. We act as local corporate nominee partner so that our clients can appoint a corporate sponsor or service agent rather an individual. The foreign party has a hundred percent control in all the operational, financial and management fields.
There are four main types of onshore entities:
- Limited Liability Company
- Civil/Professional Company
- Branch of a Foreign Company
- Representative Office
Dubai Limited Liability Licenses (LLC)
The LLC is the most popular type of business model in the UAE. It provides a vehicle for new businesses to secure local and national sponsorship as well as protecting employees and investors from the need to worry about taxes and instead offering freedom on bank transactions – additionally: work…
Dubai Professional Licenses
Civil Companies are allowed to engage in a professional or artisan activity, and set up a professional firm. A UAE National must be appointed as Local Service Agent and he is paid a lump sum or percentage of profits but has no direct involvement in the business. THE NEXT…
Dubai Branch Office of a Foreign Company License
As per the Commercial Companies Law, Branch Offices of Foreign Companies in UAE can be 100% owned by foreign nationals, provided a Local Service Agent is appointed. A Local Service Agent is paid a lump sum, but has no direct involvement in the business. THE NEXT ERA GROUP OF…
Dubai Representative Office License
As per the Commercial Companies Law, Representative offices in UAE can be 100% owned by foreign nationals, provided a local service agent is appointed. THE NEXT ERA GROUP OF COMPANIES will provide the advantage of corporate partnership acting as the corporate local service agent.
However, a representative office can only…