Dubai is one of the most prominent investment destinations that attract entrepreneurs from all over the world thanks to its stable economic environment, advanced infrastructure, and the great facilities provided by the government to support businesses and investments. Many Yemeni investors are keen to establish their companies in Dubai because of the great growth opportunities and expansion potential it provides in various vital economic sectors, whether in trade, services, technology, or other promising fields.
When talking about the cost of opening a company in Dubai for Yemenis, there are many factors that play a major role in determining the budget required to establish the company, as costs vary based on the type of business activity that the investor wants to practice and the type of license required, whether commercial, industrial, service, or professional. The location of the company within Dubai, whether in the free zone or on the mainland, also affects the fees imposed and the privileges that can be obtained.
The costs also include government fees related to issuing commercial licenses and registering the company and costs associated with the official headquarters such as renting an office or a flexible workspace in addition to legal and accounting service fees that ensure compliance with local regulations and laws. It is also important to take into account the costs of visas and residence for investors and employees, as these fees vary according to the number of individuals Company employees and the level of visas required
Cooperating with a specialized company such as Itqan is an important step to ensure that the company is established at the lowest possible costs in accordance with local laws, as the company provides comprehensive consultations and integrated services to help Yemeni investors choose the appropriate legal structure and obtain the required licenses easily and quickly, enabling them to start their businesses in Dubai with flexibility and stability
Types of licenses available to Yemenis when establishing a company in Dubai
Establishing a company in Dubai is a unique opportunity for Yemeni investors wishing to enter the UAE market and benefit from its thriving economic environment, as the UAE government provides many facilities that contribute to attracting entrepreneurs and enabling them to establish their companies easily. To ensure compliance with local laws, investors must choose the type of license appropriate to the nature of their business activity, as licenses differ according to the activities permitted in each category, which allows great flexibility in determining the optimal operational structure for the company
There are many licenses that Yemenis can obtain when establishing their companies in Dubai, including a commercial license that allows the practice of commercial activities such as import, export and distribution of products, and an industrial license that allows the establishment of factories and the implementation of manufacturing activities, while the professional license is intended for individuals or companies that provide Specialized services such as engineering, legal or medical consultations. In addition, there is a tourism license that allows the practice of tourism-related activities such as organizing trips and hotel services. The free license is an ideal option for companies that wish to have full ownership without the need for a local partner. It is available in free zones where the Yemeni investor can establish his company with 100% ownership and benefit from tax exemptions and customs facilities.
Choosing the type of license depends on the nature of the commercial activity that the investor wishes to practice. Therefore, it is important to obtain specialized advice to ensure the selection of the appropriate license and avoid any legal complications that may affect the course of business. Here comes the role of Itqan, which provides integrated services to help Yemeni investors determine the appropriate license and complete all procedures easily and quickly.
Basic costs of establishing a company in Dubai
Dubai is one of the most attractive destinations for investors and entrepreneurs seeking to establish their companies in an advanced and competitive economic environment, as the city provides many investment opportunities and advanced infrastructure in addition to government facilities that make the process of establishing companies easier and smoother. However, any commercial project requires careful financial planning to ensure its long-term success. This includes knowing the basic costs involved in establishing a company in Dubai.
When starting the process of establishing The company There are a number of costs that the investor must take into account, including government fees related to issuing commercial licenses and registering the company with the relevant departments. In addition, there are the costs of renting offices or workspaces that vary according to location, area, and services provided. Some free zones also provide flexible options for virtual or shared offices, which helps reduce initial operating expenses. In addition, the cost of opening a bank account for the company and the minimum capital required according to the type of business activity must be taken into account. Other costs include issuing visas for employees and founders, which vary according to the number of residencies required, in addition to fees related to obtaining approvals and permits for some business activities. In addition, there are additional expenses such as accounting services, legal auditing, and insurance that ensure compliance with legal and financial requirements
In addition, the cost of opening a bank account for the company and the minimum capital required according to the type of business activity must be taken into account. Other costs include issuing visas for employees and founders, which vary according to the number of residencies required, in addition to fees related to obtaining approvals and permits for some business activities. In addition, there are additional expenses such as accounting and legal auditing services and insurances that ensure compliance with legal and financial requirements.
These costs can vary depending on the type of business activity and the location in which the company is established. Therefore, using a specialized company such as Itqan ensures that investors receive accurate advice on the expected costs in addition to facilitating procedures and accelerating the process of establishing the company in a smooth and guaranteed manner.
Basic requirements for establishing a company in Dubai
Dubai is one of the most prominent investment destinations in the world, as it provides a strong economic environment, advanced infrastructure and government facilities that make it a global center for businesses and emerging projects. Many investors and entrepreneurs want to establish their companies in Dubai to benefit from the many advantages provided by the emirate, but to achieve this, a set of basic requirements must be complied with that ensure the process runs legally and smoothly.
When starting to establish a company in Dubai, the business activity must be determined. The company will operate as the type of activity depends on the required license and permits associated with it. The appropriate legal structure must be chosen, which may be a limited liability company, a sole proprietorship, or a branch of a foreign company. After that, comes the step of registering the trade name, as the name must be compatible with local laws and not conflict with other trademarks.
In addition, the necessary approvals and licenses must be obtained from the competent authorities, as these requirements vary based on the nature of the commercial activity and the chosen location, whether in the free zone or on the mainland. The company’s articles of association must also be provided and documented according to the applicable regulations, in addition to determining the company’s official headquarters, which can be an actual office or within one of the licensed business centers.
Among the basic requirements is also opening a commercial bank account in one of the approved banks in Dubai, as this is necessary to manage the company’s financial operations. Visa and residency requirements must also be met if there are foreign employees who will be employed in the company to ensure that the work proceeds legally and smoothly. A specialized company such as Itqan can be used, which provides comprehensive consultations and facilitates all establishment procedures in accordance with applicable laws and regulations.
Advantages of establishing a company in Dubai for the Yemeni investor
Dubai is one of the best global destinations for investment and entrepreneurship, providing a stable and advanced economic environment supported by flexible legislation and world-class infrastructure. For the Yemeni investor, establishing a company in Dubai represents a golden opportunity to benefit from the great facilities provided by the emirate, whether in terms of full ownership of businesses, tax exemptions, or easy access to regional and global markets. In addition to the geographical proximity and strong trade relations between the UAE and Yemen, which enhances the chances of success and expansion in business.
Among the most prominent advantages that a Yemeni investor obtains when establishing his company in Dubai is the possibility of full ownership in many free zones, which gives him complete control over his business without the need for a local partner. In addition, Dubai provides an encouraging tax system with exemptions from personal income taxes and corporate taxes in some areas, which helps in achieving higher profits while reducing financial obligations.
In addition, the procedures for establishing a company in Dubai are characterized by speed and transparency, as the Yemeni investor can complete all procedures easily through digital channels or through approved service centers. The availability of many diverse commercial licenses also gives entrepreneurs Businesses are free to choose the activity that suits them, whether in the commercial, industrial or service sectors. In addition, Dubai provides the possibility of opening commercial bank accounts easily and without complications, which facilitates the management of the company’s financial operations.
In addition, Dubai provides investors with an integrated business environment that supports growth and expansion, as modern office spaces and various financing opportunities are available, in addition to visa and residence facilities that enable the investor and his family to settle and work with ease. It is possible to benefit from Itqan’s services, which provide comprehensive support in all stages of establishing a company, starting from legal consultations to obtaining the necessary licenses and ensuring full compliance with all requirements.
Our company’s role in establishing a company in Dubai
Establishing a company in Dubai is a distinctive investment opportunity for Yemeni businessmen wishing to expand and achieve growth in a stable and prosperous economic environment. However, knowing the actual cost of establishing a company is essential to making informed decisions, as costs vary based on multiple factors such as the type of business activity and the location in which the company will be registered, whether in the free zones or within Dubai Economic, in addition to the legal and administrative requirements related to issuing licenses, renting offices, and obtaining the necessary visas for employees and investors.
Proper financial planning ensures that the company is established smoothly without facing Unexpected surprises in costs and to achieve this, it is best to seek the help of a specialized entity such as Itqan, which provides its expertise in facilitating all procedures related to establishing companies in Dubai, as the company provides integrated services that include legal and accounting consultations, choosing appropriate licenses, and providing solutions that help the investor reduce costs and make the most of the incentives and privileges provided by the government.
Thanks to the available facilities, the Yemeni investor can benefit from the many advantages that Dubai grants to emerging companies, including tax exemptions and an economic environment that encourages growth and business expansion in regional and global markets. By cooperating with Itqan, establishing a company becomes an easy process that saves time and effort, as it ensures compliance with all local regulations without unnecessary administrative complications, which gives investors the opportunity to focus on developing their projects and achieving success in one of the most prosperous markets in the region.
Frequently Asked Questions About Establishing a Company in Dubai
Can Yemenis establish a company in Dubai?
Yes, Yemeni investors can easily establish their companies in Dubai as the UAE government provides many facilities for foreigners including full freedom of ownership in free zones and simplified procedures for establishing companies on the mainland
What types of licenses are available to Yemenis when establishing a company in Dubai?
There are several types of licenses available such as a commercial license for those wishing to practice commercial activities, an industrial license for production and manufacturing projects, and a professional license for specialized professions such as consulting and services
Is it required to have an Emirati partner to establish a company in Dubai?
There is no requirement to have an Emirati partner when establishing a company in the free zones as the Yemeni investor can own the company 100%, but on the mainland some activities still require a local partner according to the applicable regulations
How long does it take to obtain a company license in Dubai?
The duration of issuing a license can vary according to the type of activity and the required procedures, but licenses are often issued in a short time when all the necessary documents are completed
What are the basic requirements for establishing a company in Dubai?
Requirements include submitting a copy of your passport, choosing a trade name, specifying your business activity, renting an office, and applying for the required government approvals.
