September 19, 2024

Establishment of a mainland LLC in the real estate sector in Dubai with SETUPCO and Andreas Schmidt

SetupCO Consultancy L.L.C
Reading time 4 minutes

In recent decades, Dubai has developed into one of the most attractive markets for real estate investments in the world. Thanks to its modern infrastructure, first-class quality of life and strategic location between Europe, Asia and Africa, Dubai attracts investors from all over the world. One of the best ways to gain a foothold in this dynamic market is to establish a Mainland LLC (Limited Liability Company) in the real estate sector. Together with SETUPCO and under the guidance of Andreas Schmidt, you can lay the foundation for a successful real estate business in Dubai.

In this article, you will learn why the Mainland LLC is the optimal legal form for real estate companies in

Dubai and how Andreas Schmidt and SETUPCO can help you achieve this goal.

  1. Why a Mainland LLC for real estate?

A Mainland LLC is one of the most commonly used legal forms in Dubai, especially for companies wishing to operate in the real estate sector. It offers numerous advantages that are attractive to both local and international investors. Compared to other legal forms, such as the freezone or offshore structure, the Mainland LLC offers the following specific advantages:

- Full access to the real estate market: With a Mainland LLC, you have the ability to operate without restrictions in both the residential and commercial real estate sectors. You can buy, sell and manage real estate directly without geographical restrictions.

- Unlimited business opportunities: While Freezone companies are limited to certain geographical areas and business activities, Mainland LLCs can operate without restrictions throughout Dubai and the United Arab Emirates (UAE). This offers tremendous flexibility to expand and diversify your real estate business.

- Attractive investment conditions: Dubai offers internationally recognized laws that protect investments and make the real estate market attractive. These include property rights, protection of investor interests and access to modern infrastructure.

- Tax advantages: Dubai does not levy direct corporate taxes, which makes Mainland LLC a tax-advantageous choice. You only have to pay a value added tax (VAT) of 5 %, which is often passed on to end consumers.

  1. The process of setting up a Mainland LLC with SETUPCO

Setting up a mainland LLC in Dubai can seem complex due to the legal requirements and necessary approvals. This is where SETUPCO, led by Andreas Schmidt, comes into play. With extensive experience in the field of company formation and consulting in Dubai, SETUPCO will guide you step by step through the entire formation process.

2.1 Consulting and strategic planning

The first step is to analyze your individual business goals and requirements. Andreas Schmidt and the SETUPCO team will help you determine the right business structure for your real estate company. This includes:

- Choosing the right license (e.g. real estate development, real estate agent, property rental).

- The decision on the company structure (owner, local partners, etc.).

- Support with planning and strategy for your real estate business.

2.2 Legal and administrative issues

One of the most important requirements when setting up a Mainland LLC is the involvement of a local sponsor who holds 51 % of the shares in the company. This is a legal requirement for foreign investors in Dubai. SETUPCO offers you a transparent and legally secure partnership solution where the local sponsor acts as a silent partner, while you as a foreign investor retain full control over the company and its business activities.

SETUPCO takes care of:

- The legal structure of the partnership with the local sponsor.

- The submission of all necessary documents to the authorities.

- Obtaining the necessary licenses and approvals from the relevant government bodies, including the Dubai Land Department (DLD) and the Real Estate Regulatory Agency (RERA).

2.3 Opening a bank account and financing

SETUPCO also supports you in opening a business account with a local bank. With close ties to various banks, SETUPCO can ensure that the process runs smoothly and efficiently. In addition, we can help you establish funding opportunities and investor contacts to finance and scale your real estate business.

  1. Comprehensive advice and ongoing support

Setting up a Mainland LLC is only the first step. Once your company is successfully registered, SETUPCO, under the direction of Andreas Schmidt, provides ongoing support in all business matters. This includes:

- Accounting and tax advice: We offer you continuous support in accounting and tax advice to ensure that your company meets all legal requirements and is optimally positioned for tax purposes.

- Legal advice: Our team of experts is on hand to ensure that all your legal matters relating to real estate transactions and contracts are handled correctly and with legal certainty.

- Market analysis and investment strategies: Through comprehensive market analysis and industry reports, we keep you up to date with the latest trends and developments in Dubai's real estate sector. We help you make informed investment decisions and strategically expand your real estate portfolio.

- Business connections and networking: As an established company in Dubai, SETUPCO has a strong network of business partners, investors and government agencies. We connect you with the right contacts to grow your real estate business faster and open up new business opportunities.

  1. Success stories: Andreas Schmidt and his vision for the real estate sector in Dubai

Andreas Schmidt has made a name for himself as an expert in consulting and company formation in Dubai. With his many years of experience and deep understanding of the local market, he has already successfully guided numerous international companies to Dubai. Andreas Schmidt attaches great importance to supporting his clients not only during the start-up phase, but also in the long term.

His vision for the real estate sector in Dubai is based on sustainability, innovation and growth. Schmidt firmly believes that Dubai remains one of the most exciting real estate markets in the world, offering investors exceptional opportunities. Through his collaboration with SETUPCO, real estate companies can make the most of these opportunities and successfully position themselves in the market.

Your successful start in the Dubai real estate market with SETUPCO and Andreas Schmidt

Establishing a mainland LLC in the real estate sector offers foreign investors in Dubai an excellent opportunity to enter a dynamic and fast-growing market. With SETUPCO and Andreas Schmidt at your side, you will not only receive the necessary expertise and support to make the formation process run smoothly, but also long-term advice to expand your real estate business sustainably and successfully.

If you are thinking about investing in Dubai's real estate sector and setting up a Mainland LLC, SETUPCO is the ideal partner to guide you to success with extensive experience and tailor-made solutions. With a clear vision, a strong network and transparent advice, you can be sure that your business has the best chance of succeeding in this competitive market.