The Dubai Mainland DED license is a legalized company that functions without any restrictions in business transactions and operations throughout the UAE and also in other countries.
Setting up a business in UAE can be appealing for the unversed, compare to Free Zone it is requires various procedures and legal formalities as per according to law. One need to enquire all the legal and administrative procedures. Many entrepreneurs and investors lack some knowledge about all the legal processes in company formation in Dubai mainland and the scope of business. Here JS International plays a very important role, we understand client's vision and provide smart advice.
According to U.A.E Companies Law, a local partner must nominate an expatriate shareholders if they plan to startup a mainland company. Also, if it is a Limited Liability Company then it is an obligation for the local partner to have at least 51% equity share. An alternative way is also to select a corporate nominee partner. This way the main shareholders get full legal authority and total financial benefits.