Establishing a company in Dubai for the Gulf is a golden opportunity. How do you seize it to your advantage? Thanks to the distinguished strategic location of the city of Dubai, it has become an endeavor for many businessmen and investors from all over the world, including the Gulf. Establishing a company in Dubai for the Gulf will bring huge benefits and profits with time, effort, and continuity in the path of success and perseverance. Here’s how to establish a company in Dubai for Gulf nationals.

Establishing a company in Dubai

In the era of globalization and technology, investment opportunities abroad have become more promising and available than ever before, and the Emirate of Dubai is emerging as one of the most important global centers for investment and establishing companies. For ambitious Saudis, Dubai is considered one of the best destinations for establishing companies, due to the advanced business environment and regulated legislation that the emirate provides. In this article, we will explore the main steps to follow to establish a company in Dubai for Saudis .

Steps to establish a company in Dubai

Dubai is an ideal destination for Gulf investors wishing to establish their own companies, thanks to the stimulating business environment provided by the emirate, the strategic location that connects it to the world, advanced infrastructure, and great economic diversification.

1. Choosing a business:

• Define the activity you want to work on precisely.
• Ensure that the activity complies with the laws and regulations in force in Dubai.
• Make sure there is a real need for the activity in the market.

2. Determine the legal form of the company:

• There are several legal forms available for companies in Dubai, such as:
  • A limited liability company.
  • Public joint stock company.
  • Private joint stock company.
  • Branch of a foreign company.
• Choose the legal form that best suits your needs and goals.

3. Trade name reservation:

• Make sure that the trade name is unique and not similar to any other name registered in Dubai.
• Reserve the trade name through the Dubai Department of Economic Development website.

4. Obtaining initial approval:

• Apply for initial approval from the Dubai Department of Economic Development.
• You will need to provide some documents, such as:
  • A valid passport.
  • A letter from an approved bank proving your financial capacity.
  • Detailed business plan.

5. Renting an office:

• Select a suitable location for your corporate office.
• Rent an office that meets your needs in terms of space and amenities.

6. Opening a commercial bank account:

• Open a business bank account in your company’s name.
• You will need to provide some documents, such as:
  • Commercial Record.
  • Company incorporation certificate.
  • Approval of the competent authorities.

7. Obtaining the necessary licenses:

• You may need to obtain some additional licenses from the relevant authorities, depending on the type of business activity.

8. All requirements are met:

• Fulfilling all legal and administrative requirements for establishing the company.

9. Obtaining a commercial license:

• After fulfilling all the requirements, you will obtain the business license from the Dubai Department of Economic Development.

10. Company registration in the Chamber of Commerce:

• Register your company with the Dubai Chamber of Commerce.

Important tips for establishing a company in Dubai:

• Hire a specialized legal or financial advisor to help you establish the company.
• Make sure you understand all the laws and regulations related to company formation in Dubai.
• Carefully read all documents before signing them.

Documents required to establish a company in Dubai:

• A valid passport.
• A letter from an approved bank proving your financial capacity.
• Detailed business plan.
• Company incorporation contract.
• Approval of the competent authorities.

Fees required to establish a company in Dubai:

The fees required to establish a company in Dubai vary depending on the type of business activity and the legal form of the company.

Advantages of establishing a company in Dubai for Saudis

Dubai is an ideal destination for Saudi investors wishing to establish their own companies, thanks to the stimulating business environment that the emirate provides, the strategic location that connects it to the world, advanced infrastructure, and great economic diversification.

1. Stimulating business environment:

• Dubai offers an ideal environment for business, as it encourages investment and facilitates procedures for investors.
• The government provides many incentives and services to investors, such as:
  • Tax exemptions.
  • Free zones.
  • Facilitated financing.
  • Logistical support.

2. Strategic location:

• Dubai enjoys a strategic location that connects it to the world, making it a gateway to accessing new markets.
• Dubai provides easy access to:
  • Europe.
  • Asia.
  • Africa.
  • The Middle East.

3. Advanced infrastructure:

• Dubai provides advanced infrastructure that meets the needs of all types of businesses.
• Infrastructure includes:
  • International airports.
  • Advanced ports.
  • Advanced communications networks.
  • Fast roads.

4. Great economic diversification:

• Dubai has great economic diversity, which provides investment opportunities in various sectors.
• Main sectors include:
  • commerce.
  • tourism.
  • Real estate.
  • Financial services.
  • Industry.

5. Access to new markets:

• Dubai provides investors with access to new markets around the world.
• Dubai helps companies to:
  • Participation in international trade fairs.
  • Promoting its products and services.
  • Establishing business partnerships.

6. Tax exemptions:

• Dubai offers many tax breaks to investors, which reduces business costs.
• Tax breaks include:
  • Exemption from corporate income tax.
  • Exemption from value added tax on some goods and services.

7. Ease of establishing a company:

• Dubai facilitates the procedures for establishing a company, saving time and effort for investors.
• It is possible to establish a company in Dubai within a few days.

8. Safe and stable environment:

• Dubai provides a safe and stable environment for business.
• Dubai is one of the safest cities in the world.

9. Cultural diversity:

• Dubai has great cultural diversity, which helps attract talent from all over the world.
• Dubai provides a tolerant environment that welcomes all cultures.

10. Quality of life:

• Dubai provides a high quality of life for investors and their families.
• Quality of life includes:
  • Distinctive health and educational services.
  • Various entertainment places.
  • Clean and safe environment.

The advantages of establishing a company in Dubai for Saudis are many and varied, making it an ideal destination for investors who want to expand their business and reach new markets.

Conditions for establishing a company in Dubai for Gulf citizens

There are many conditions and procedures necessary for establishing a company in Dubai for Gulf citizens, which were approved by the Department of Economic Development and the competent authorities in the city of Dubai, and they are as follows:

• Choosing a trade name that is appropriate to the nature of the activity and meets the conditions. This is an important point that must be taken into account at the beginning of establishing a company in Dubai for Gulf citizens, as it will lead to future steps.
• Determine the place on which the company will be established. An area must be chosen appropriate to the nature of the project to be established, as each area has a special nature and privileges that serve different types of projects, so the regulations must be reviewed.
• Completing the procedures for registering the necessary commercial license in order to practice business, obtaining it and registering with the Emirates Chamber of Commerce.
• The presence of a work team for the company to be established.
• Completing all necessary papers and procedures to establish a company in Dubai for Gulf citizens, as determined by the competent authorities.

How can we help you establish a company in Dubai for Gulf nationals?

You can contact us and we will provide everything you need to establish a company in Dubai for Gulf citizens, as we are keen to:

• Comforting our customers and helping them achieve their goals.
• Saving time, effort and wasted money for our customers.
• Complete all necessary steps and procedures and complete all procedures.
• Completing all processes related to obtaining a commercial license.

Frequently asked questions about establishing a company in Dubai for Saudis