What is the cost of establishing a company in Dubai for Saudis? Dubai is considered one of the most prominent investment destinations in the world, as it provides an advanced economic environment and extensive facilities to attract entrepreneurs and investors from different countries, including the Kingdom of Saudi Arabia. Many Saudis seek to establish their companies in Dubai to benefit from the many advantages such as the strategic location, tax exemptions, and advanced infrastructure. However, determining the cost of establishing a company in Dubai is an important step that must be carefully studied, as costs vary based on several factors, such as the type of business activity, geographical location, licensing fees, and legal procedures. In this article, we will review the factors affecting the cost of establishing companies in Dubai for Saudis, while clarifying the basic requirements and procedures necessary to achieve a successful start in the thriving Dubai market. Saudi

Investment in Dubai

How to Get the Services of Itqan Company to Establish a Company in Dubai for Saudis
Frequently Asked Questions about Establishing a Company in Dubai for Saudis
Cost of Establishing a Company in Dubai for Saudis

The cost of establishing a company in Dubai for Saudis is affected by several main factors, including:

Type of Business Activity: Establishment fees vary according to the nature of the activity, as the cost of industrial companies is higher than commercial and service companies due to the need for additional equipment.
Geographical Location: The price varies according to the choice of region, as free zones offer privileges such as tax exemption, while areas affiliated with the Department of Economy impose additional fees.
Required Capital: Some activities require a minimum capital, especially in free zones, which affects the total costs.
Licensing Fees: These include company registration fees, issuing a commercial license, and government approvals, and vary according to the type of company and the selected region.
Operating Costs: Such as office rent, employee salaries, and administrative services, as they affect the company’s overall budget.
Legal and Advisory Fees: You may need advisory or legal services to facilitate procedures, which adds an additional cost.
Residency and Visas: In case of needing an investor residency or employee visas, additional fees will be charged depending on the number of residencies required. The Saudi investor must study these factors carefully to ensure that the most appropriate choice is made in terms of cost and benefits, and to benefit from the advanced business environment in Dubai.

Steps to establish a company in Dubai for Saudis

Establishing a company in Dubai for Saudis requires following specific steps to ensure compliance with local laws and benefit from the available benefits. Here are the most important steps:

Determine the business activity: Choose the appropriate type of activity for your company, as this choice determines the type of license required, such as commercial, industrial, or professional.

Choose the legal form of the company: Saudis can establish limited liability companies (LLC), sole proprietorships, or open a branch of a Saudi company, according to their needs.

Register the trade name: A trade name must be chosen that complies with the regulations of the Department of Economy and Tourism in Dubai, and ensure that it is available and does not conflict with the registered names.

Submit an application for initial approvals: These approvals include the competent authorities according to the type of activity, such as the Department of Economy and Tourism, and other regulatory bodies if necessary.
Preparing the Articles of Association and the Incorporation Agreement: The Articles of Association are notarized by a notary public in Dubai, especially if the company is a limited liability company or has more than one partner.
Choosing a business location: A notarized lease contract for the company’s headquarters, whether in a free zone or on the mainland, must be provided to obtain a commercial license.
Issuing a commercial license: After fulfilling all requirements and paying fees, the commercial license is issued by the Department of Economy and Tourism or the selected free zone authority.
Opening a bank account: The company must open a commercial bank account in one of the approved banks in Dubai to conduct financial transactions.
Residency and visa procedures: In the event that an investor’s residency or visas for workers are required, applications are submitted to the General Directorate of Residency and Foreigners Affairs.
Starting commercial activities: After completing all the steps, the company can start its business in accordance with local laws and benefit from the business environment in Dubai. Following these steps carefully helps Saudi investors establish their companies easily and benefit from the investment opportunities provided by Dubai.

The importance of establishing a company in Dubai for Saudis

Establishing a company in Dubai provides Saudi investors with many benefits and investment opportunities that make it an ideal business destination. The importance of establishing a company in Dubai for Saudis is represented in the following points:

Attractive investment environment: Dubai provides a stable and advanced investment environment with flexible laws that support business growth, making it a global business center.
Tax exemptions and financial facilities: Companies in free zones enjoy tax exemptions on income and companies, in addition to the ease of transferring profits and capital without restrictions.
Strategic location: Dubai is a gateway to global markets, linking Asia, Europe and Africa, allowing Saudi investors to expand regionally and internationally with ease.
Ease of establishing companies: Dubai provides easy and fast procedures for establishing companies, whether in free zones or the mainland, with multiple options for legal structures.
Advanced infrastructure: Dubai has an advanced transportation network, global ports, and high-level logistics services that support various types of commercial and industrial businesses.
Diversity of investment opportunities: Saudi investors can enter into various sectors such as trade, real estate, tourism, technology, and industry, with government support available for certain sectors.

Ease of obtaining residency: Saudi businessmen can obtain an investor residency in Dubai, which facilitates business management and movement within and outside the UAE.

Legal protection and investment guarantees: Dubai provides a strong legal system that protects the rights of investors and ensures transparency of business transactions, which enhances confidence in the business environment. Thanks to these advantages, establishing a company in Dubai is a strategic option for Saudis wishing to expand their businesses and benefit from promising investment opportunities in the UAE.

Does a Saudi investor need a local partner?

A Saudi investor does not need a local partner when establishing a company in Dubai, as the UAE laws allow foreign investors, including Saudis, to own 100% of their companies in many sectors. The UAE has introduced amendments to the Commercial Companies Law, allowing full ownership in most commercial activities within the mainland without the need for an Emirati sponsor. However, some strategic activities still require a local partner or local service agent, depending on the type of business activity and the required licenses.

In free zones, Saudi investors enjoy full ownership of their companies without restrictions, with tax exemptions and freedom to transfer profits, making them an attractive option for entrepreneurs. As for the mainland, there is greater freedom in dealings within the local market, but regulatory requirements may differ depending on the chosen activity.

It is preferable for the Saudi investor to consult specialized entities, such as Atqan Company, to ensure choosing the most appropriate legal structure and avoiding any legal complications that may affect the company’s activity. He can also benefit from government facilities and investment programs that support Gulf businessmen, which enhances the chances of success in the UAE market.

Thanks to this legislative flexibility, the Saudi investor can easily start his project in Dubai and benefit from the advanced business environment without the need for a local partner in most sectors.

Saudi investment in Dubai

Investment in Dubai is witnessing continuous growth, as the emirate is an attractive destination for Saudi businessmen thanks to its advanced economic environment and the facilities it provides to foreign investors. Dubai is distinguished by its strategic location that connects global markets, in addition to its advanced infrastructure, which facilitates trade and investment operations. Flexible laws that allow 100% ownership of companies in many sectors have made Dubai an ideal choice for Saudi businessmen wishing to expand their businesses outside the Kingdom.

The areas of Saudi investment in Dubai are diverse, including sectors such as real estate, trade, tourism, technology, and financial services. Free zones provide an encouraging investment environment through tax exemptions and ease of profit transfer, which enhances Dubai’s attractiveness as a regional economic capital.

The Saudi investor also benefits from the joint economic agreements between the UAE and Saudi Arabia, which facilitate trade and investment operations, in addition to the possibility of obtaining an investment residency that allows him to easily manage his business within the country. Atqan Company is one of the reliable entities that provide comprehensive support to Saudi investors, starting from the establishment procedures to obtaining licenses and visas.

Thanks to these advantages, Saudi investment in Dubai has become an ideal opportunity to diversify sources of income and benefit from the dynamic economic environment provided by the emirate, which ensures the success of projects and their growth in global markets.

How to get the services of Itqan Company to establish a company in Dubai for Saudis

Saudi investors can benefit from the services of Itqan Company to establish a company in Dubai easily and quickly, as the company provides integrated solutions that include all the necessary legal and administrative procedures. To obtain Itqan services, the following steps can be followed:

Contact the company: The Saudi investor can contact Itqan Company by phone, email, or visit the company’s headquarters in Dubai to obtain a free consultation on the best establishment options.
Determine the type of company and business activity: Itqan consultants provide support in choosing the appropriate type of activity, whether commercial, industrial, or service, while determining the best area (mainland or free zones) based on the investor’s requirements.
Preparing the necessary papers and documents: Itqan undertakes to prepare the required documents, such as the passport, government approvals, and the articles of association, which makes it easier for the investor to complete the procedures smoothly.
Completing licensing procedures: Itqan follows up on all legal procedures, including registering the company, obtaining government approvals, and issuing a commercial license.
Additional Services: Atqan provides other services such as opening bank accounts, obtaining visas, and finding ready-to-operate offices, which helps the investor start his business without complications. By choosing Atqan Company, the Saudi investor can easily establish his company in Dubai and benefit from the distinguished business environment provided by the emirate.

In conclusion, establishing a company in Dubai for Saudis is a unique investment opportunity that allows them to benefit from the advanced business environment and legal facilities provided by the Emirates. Thanks to flexible laws, modern infrastructure, and tax exemptions in free zones, Saudi businessmen can easily establish their companies and achieve sustainable success in various sectors. In addition, cooperation with Atqan Company facilitates all procedures, from choosing the business activity to obtaining licenses and visas, ensuring a smooth and successful investment experience. Therefore, Dubai remains an ideal destination for Saudi investors wishing to expand globally and benefit from the promising opportunities in the Emirati market.