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UAE Mainland Company Setup
A mainland license, also known as an onshore license, enables investors and business owners to conduct commercial activities throughout the UAE as well as internationally, without geographical restrictions. In Dubai, these licenses are issued and regulated by the Department of Economy and Tourism (DET), formerly known as the Department of Economic Development (DED).
Following the amendments to the UAE Commercial Companies Law in 2021, foreign investors can generally establish mainland companies in Dubai with 100% foreign ownership, subject to the applicable business activity and regulatory requirements.
For certain business activities, however, the appointment of a Local Service Agent (LSA) may still be required. Whether an LSA is necessary depends on the nature and licensing requirements of the specific activity.
A Local Service Agent does not hold any ownership or equity interest in the company. Instead, where required, the agent acts as the company’s representative for specified administrative and government-related matters, while ownership and control remain with the foreign investor(s).
UAE Free Zone Company Setup
The United Arab Emirates is home to more than 40 specialized and multidisciplinary free zones, offering investors a wide range of options for establishing and expanding their businesses. UAE free zones are designed to support international investment by providing business-friendly regulations, modern infrastructure, streamlined incorporation procedures, and sector-specific facilities.
At ASCENDRA, we help entrepreneurs, investors, and international businesses identify the most suitable free zone and establish their UAE presence efficiently and in compliance with applicable regulations.
UAE Offshore Company Setup
Establishing an offshore company in the UAE can provide entrepreneurs and international investors with a flexible structure for holding assets, managing international investments and conducting cross-border business activities. UAE offshore jurisdictions are particularly attractive due to the country’s strategic location, well-developed business environment and established legal and financial infrastructure.
An offshore company may be suitable for entrepreneurs seeking an international holding structure, asset ownership vehicle or investment platform. However, the tax and regulatory treatment of an offshore company depends on its activities, structure, source of income and applicable UAE laws and regulations.
