A pivotal aspect of governing mainland businesses pertains to company equity shares.

Effective from June 2021, the implementation of reforms to the Commercial Companies Law by the UAE Government ushers in a transformative era for businesses. The government now permits 100% foreign ownership for mainland-based businesses. Previously, expatriate business proprietors were limited to 49% ownership, with the remaining 51% held by Emirati sponsors. However, changes to the UAE company law mean that foreigners establishing businesses in Dubai no longer require an Emirati shareholder or agent.

Mainland company formation in Dubai, UAE empowers businesses to expand their reach across Dubai and the wider UAE. Acquiring a license in the commercial, industrial, or professional categories is a fundamental prerequisite for conducting business activities in the UAE. Firstsolution Business Setup Services LLC offers comprehensive business consultation to secure a Dubai mainland license and initiate your enterprise in high-demand locations across the UAE. Our services streamline the process, saving you time and costs associated with obtaining a Dubai mainland license while ensuring compliance with the regulations of the Dubai Economic Department.