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Establishing a company in Dubai for Saudis

Procedures for establishing a company in Dubai for Gulf nationals

١٩ يناير Establishing a company in Dubai for Saudis

Establishing a company in Dubai for Saudis is one of the most important investments that Saudis are looking for, and this is due to the attractive factors that Dubai enjoys for investment and free zones that are considered a fertile environment for investors. The UAE provides all facilities for Saudis who wish to establish a company in Dubai for Saudis. In the following lines, we will discuss the requirements and steps for establishing a company in Dubai for Saudis.

Establishing a company in Dubai for Saudis
Establishing a company in Dubai for Saudis

There are some requirements that must be taken into account before starting any activity in the UAE and before establishing a company in Dubai for Saudis, including the following requirements:

  • Having a clear feasibility study for the project.
  • Choosing an appropriate trade name that expresses the activity.
  • Completing the required licenses and papers.
  • Choosing a place of work that meets all licenses.
  • Obtaining a commercial license for the activity.

Procedures for establishing a company in Dubai for Saudis

  • Submitting all required papers and documents to the competent authorities, which is the Department of Economic Development.
  • Paying the fees for obtaining a commercial license within thirty days from the date of submitting the application for the license.
  • Registering the company in the Chamber of Commerce in the Emirates and obtaining membership.
    Open a commercial register for the company after completing the receipt of the commercial license.
  • Submit all information about the company’s capital in the commercial register.
  • The validity of the commercial license begins from the day the payment permit is issued.
  • There is one payment permit for all procedures related to obtaining the commercial license.

Tips for establishing a company in Dubai for Saudis

Before thinking about establishing a company in Dubai for Saudis, there are some tips that must be followed if you are thinking of investing in Dubai in order to get the best results from your investment, including the following:

 

  • Conduct a feasibility study for the investment activity.
  • Consult economic specialists in the activity before starting it.
  • Do not borrow money to start the investment activity.
  • Do not put the total capital in the project and keep part of it.
  • Do not expect to make money at the beginning of the activity and accept the loss.
  • If you need to know more about establishing a company in Dubai for Saudis, you can contact us and one of our experts will help you with all the procedures without the need for you to make an effort or waste time.