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Business Setup in DUBAI MAINLAND
Dubai is the most populous city in the world and located in the north-eastern part of the UAE. It’s a global city and the business hub of the Middle East. Dubai is one of the world’s fastest growing economies, with the largest contributors to its GDP being in tourism, food industry, real estate, import & export trade, financial service industries and other sectors.
In Dubai mainland, different types of license and partnership are possible. Either you will start with Sole Establishment (single owner), civil works (Multiple foreign owners) or Limited Liability Company (LLC). A Limited Liability Company must involve a local sponsor who has to contribute 51% of the company’s capital while the remaining 49% is shared between other partners. Investors need to comply with all the legal requirements outlined by the Department of Economic Development (DED) to set up their Limited Liability Company in the Dubai Mainland.