For individuals and businesses, forming a mainland corporation in Dubai can be a very profitable investment opportunity. Mainland firms are corporate entities that are permitted to operate and function within the Emirati jurisdiction’s commercialized geographical regions. All commercial, professional, and sole establishment businesses in Dubai are referred to as Dubai Mainland Licenses. First and foremost, having a Dubai mainland license gives you the most freedom and flexibility in growing and operating your business.
As of June 2021, a Local Sponsor is no longer needed to get a Dubai Mainland License. Instead, Foreign Investors can now start a Mainland Business with 100% ownership. According to Dubai Economy, there are more than 1000 Commercial and Industrial activities included in the list 100 Percent Foreign Ownership. These changes are expected to encourage Foreign Direct Investment flows into the vital economic sectors of the country and will strengthen Entrepreneurship.
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