Basic steps to open a commercial register in Dubai for Saudis

In light of the rapid economic growth and increasing investment opportunities in Dubai, opening a commercial register in this emirate has become a strategic goal for many Saudi entrepreneurs and investors. To do this, there are several basic steps to follow:

• First, choose the appropriate legal form for the company. There are several options, such as a limited liability company, a branch of a foreign company, or a representative office. Each option must be carefully studied to ensure that it is appropriate for the nature of the business.
• Secondly, complete the registration process and obtain the necessary licenses. This step includes choosing and registering a company name, completing residency and visa requirements for founders, and obtaining the appropriate business license.
• Third, determine the company’s headquarters. A location appropriate to the nature of the work must be chosen, whether inside or outside the free zones. The office or warehouse rental procedures must also be completed and registered in the company’s name.
• Fourth, obtain the necessary additional licenses. The company may need additional licenses depending on the nature of the business, such as licenses for industrial or service activities.
• Finally, complete all other legal and administrative requirements, such as social insurance, issuing a business card, and opening a bank account.

By collaborating with a specialized consulting company such as “Itqan”, Saudi investors can overcome these challenges and benefit from the experience in establishing successful companies in Dubai.

Documents required to open a commercial register in Dubai for Saudis

To open a commercial register in Dubai for Saudi investors, there are several key documents required. Before that, it is important to emphasize that Dubai provides an attractive investment environment for Saudi companies thanks to the advanced infrastructure, investment incentives and facilities provided.

• First, the Saudi investor needs to prove his identity by submitting a copy of the Saudi passport or national ID card. In addition, proof of residency in Dubai may be required if the investor is resident there.
• Secondly, the investor must determine the legal form of the company to be established, whether it is a limited liability company, a branch of a foreign company, or something else. Depending on the format chosen, the Articles of Association or Partnership Agreement will be submitted.
• Third, regulatory approval or a license is required to carry out the proposed activity, such as a license to engage in professional, industrial or commercial activities. This is done by submitting the license application form and supporting documents.
• Fourth, the investor needs to locate the company’s headquarters in Dubai by submitting a lease contract or proof of legal possession of the place.
• Fifth, recent personal photos of the founders or partners must be submitted, in addition to any other documents that may be requested by the competent authorities.

In cooperation with a specialized consulting office, the Saudi investor can obtain appropriate advice and facilitate the procedures for opening the commercial register in Dubai.

Types of licenses available to Saudis in Dubai

Before addressing the types of licenses available to Saudi investors in Dubai, it is important to point out that Dubai has attractive investment policies and incentives that encourage foreign investors, including Saudi investors, to establish commercial and industrial businesses in the emirate. The most prominent types of licenses that a Saudi investor can obtain in Dubai are the following:

• Commercial License: This is the basic license necessary to conduct commercial activities in Dubai, whether it is a commercial company or an individual institution. This license includes the areas of wholesale, retail and services.
• Professional License: This license is granted to practice professional activities such as law, engineering, accounting, management and legal consulting, etc.
• Industrial licence: This license is issued for projects that engage in industrial activities such as manufacturing, assembly and production.
• Tourist licence: This license covers tourism activities such as hotels, restaurants, resorts, etc.
• Craft license: Granted for crafts, handicrafts, and other craft activities.
  In addition to these main types, there are other specialized licenses in areas such as education, health, media, renewable energy, etc., depending on the nature of the business.

The Saudi investor can obtain technical advice from specialized consulting offices to determine the most appropriate license for his project in Dubai.

Important tips for opening a commercial register in Dubai for Saudis

Before delving into the important tips for opening a commercial register in Dubai for Saudis, it is appropriate to first address the importance of Dubai as a preferred investment destination for Saudi investors. Dubai is considered the gateway to the global economy of the Middle East, as it enjoys attractive investment policies, advanced infrastructure, and a favorable business environment. Dubai has attracted a large number of Saudi investors to establish their commercial and industrial businesses in the emirate due to the incentives and guarantees it provides. Below are some important tips for Saudis wishing to open a commercial register in Dubai :

• Choosing the appropriate business activity: Study the market carefully and choose the activity that suits your expertise and meets the needs of the market.
• Determine the appropriate legal entity: Decide whether you will establish an LLC, sole proprietorship, or partnership.
• Choosing the appropriate free zone: Determine the free zone that suits your business and is in line with your requirements.
• Consult subject matter experts: Use local consulting firms to provide legal, financial and regulatory advice.
• Complete registration procedures: Make sure to complete all required documents and follow the official steps to register your company.
• Obtaining the necessary licenses: Make sure to obtain all the licenses required to conduct your business in Dubai.
• Compliance with Laws and Regulations: Adhere to the applicable laws and regulations in Dubai to avoid any legal problems.

By following these tips, a Saudi investor will be able to create a successful business record in Dubai.

Our company’s role in opening a commercial register in Dubai for Saudis

Opening a commercial registry in Dubai for Saudis is a promising strategic option, thanks to the advantages and incentives offered by the emirate to attract foreign investments. Itqan Company is considered one of the leading companies in the field of consulting, legal and administrative support for investors wishing to establish their businesses in Dubai.

Through cooperation with Itqan Company, the Saudi investor will be able to benefit from its extensive experience in the field of commercial projects in Dubai. The company will provide the necessary support to choose the appropriate business activity and determine the optimal legal entity, in addition to assisting in choosing the appropriate free zone and completing registration and licensing procedures. The company will also provide valuable advice on compliance with the laws and regulations in force in Dubai, in order to ensure smooth business operations and avoid any legal problems.

In addition, Itqan will help the Saudi investor obtain the necessary financing to start the project, and provide the financial and administrative support necessary to develop the business and achieve success. The company will also provide specialized advice on tax, customs and human resources aspects, which will facilitate the process of managing the project efficiently.

Cooperation with Itqan Company guarantees the Saudi investor access to the best practices and innovative solutions to open and operate a successful commercial registry in Dubai. Thus, the investor will be able to focus on the growth and development of his business, while the company takes care of the administrative, legal and regulatory aspects. This, in turn, will enhance the chances of the commercial project being successful and achieving the investor’s goals in the Emirate of Dubai.

Frequently asked questions about opening a commercial register in Dubai for Saudis