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The Gulf opens its economic opportunities for foreign investors in multiple ways. Each of the top Gulf countries offers a Mainland company formation opportunity as well as a FreeZone company formation option.
Those who are really interested in investing in the Gulf obviously choose the Mainland, but here comes the million dirham question: which Mainland to choose between Dubai or Oman to expand your business? Let’s read through the factors before thinking further,
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Dubai mainland business license gives you, as a foreign investor the overall access to all of the UAE clients. Besides, it also has the international prestige of mentioning a “Dubai-based” company. It undoubtedly increases trust and authority. Read steps to get business license in Dubai
On the other hand Oman mainland business license offers great facilities, but the reach is a smaller domestic economy. So Oman is suitable for you, only if you are interested in cross-border trade instead of focusing on a bigger, more international client base in the UAE.
Every reward comes with its own achievement path completion. Dubai mainland business may offer high rewards, but the market cost is indeed higher here. Plus, the competition is way higher in Dubai. On the other side, Oman’s mainland business operational cost is lower, and competitors are way less.
If you are an investor who wishes to grow at a slow and steady pace without burning a lot of cash, then the Oman Mainland is the perfect place for you.
Dubai and Oman both Mainalnd business allows for expansion with full 100% foreign ownership in many sectors. When it comes to getting approvals, the Dubai authority is much more strict than the Oman authority. That’s why a foreign owner-managed company formation in Oman is faster and smoother than in Dubai.
But here is the catch, Business setup expert companies like Black Swan Business Setup Services are here to set up a Mainland company in Dubai and Oman with no hassle and full smooth experience.
Dubai is unparalleled in terms of its ecosystem. Overall, more than 200 nationalities of people live here, and that’s why searching for global talent, joining any networking events, etc, is top-notch here.
But that doesn’t mean that Oman’s ecosystem is less strong! This overall system is more collaborative. The Omani government takes many initiatives to encourage foreign participation in the innovation and technology sector.
When it comes to the corporate Tax framework, Oman maintains regions one of the most stable one. So they are even eligible to give an exemption from Tax for some specific industries as well. Dubai’s corporate TAX applies selectively, but incentives are strong here.
You have to choose here what you want for your business: the cost predictability that the Oman Mainland business license offers or the global visibility that you can get from the Dubai Mainland business.
Related Articles:
» Advantages of Setting up a Company in Dubai Free Zone
» Procedure to Setup a Business in Dubai Free Zone
» Differences between Dubai Mainland and Dubai Free Zone Business Set Up
» Mainland vs. Free Zone Company Formation in Dubai
» How to Register a Company in Dubai Mainland with Full-Foreign Ownership
The answer can not be described in one word or there is no certain scale to give numbers on this topic. But as an investor, if you need brand exposure, a global client base, and fast fast-moving business, then definitely Dubai Mainland is the place you should explore. And if you value low cost, looking for long but steady growth, and a regional position, then the Oman mainland can be your option here.
No matter which path you choose to expand your business in the Gulf market, Black Swan Business Setup Services can help you expand your business under all terms and conditions. Contact us to get a free initial consultation on Mainland Business Setup today!