Costs of establishing a company in Abu Dhabi

Costs of establishing a company in Abu Dhabi

The Emirate of Abu Dhabi is considered one of the most important and best emirates for establishing companies and starting profitable projects in all fields. The UAE also facilitates procedures and reduces the costs of establishing a company in Abu Dhabi to encourage investors.

The costs of establishing a company depend mainly on a group of factors such as the commercial license of the location and the commercial registry, in addition to the location of the company.

Therefore, through our article, we will learn more important details about how to establish a company and what is the cost of establishing a company in the Emirates .

 

Costs of establishing a company in Abu Dhabi

Abu Dhabi provides an opportunity for any novice investor to start his project with ease and convenience by facilitating procedures in all fields. The costs of establishing a company in Abu Dhabi are considered one of the best encouraging factors, as the cost varies according to the region and investment needs from one region to another.

 

Cost factors for establishing a company in Abu Dhabi

The United Arab Emirates is one of the most important and best places in which one can invest, and there are a group of factors on which the costs of establishing a company in Abu Dhabi depend, as the strong relationship between investment and residency helps to reach the desired goals faster and better, especially migrant workers who have unique investment ideas. And large capital.

The most important factors in the costs of establishing a company in Abu Dhabi are:

  • Firstly, the cost of obtaining the commercial license for the new company, which is a license to practice business.
  • In addition to the cost of purchasing the company’s main headquarters or the office through which it conducts business, whether this location is rented or purchased.
  • The cost of purchasing all items related to the new company’s furniture and decorations, such as sofas, desks, and appliances.
  • You must also determine the cost of obtaining and obtaining all work permits for employees and sponsored workers, as well as the costs of the visas required for these people under the name of your new company.
  • The cost of opening a new bank account in the name of the company. This is done in one of the banks located in the Emirates, and the minimum total capital is deposited. This amount is determined according to the type of business activity.
  • In addition to the costs of the company’s legal form, as it can be commercial, professional, or industrial, and therefore it has a major role in determining the total costs of establishing a company in the Emirates.
  • The costs necessary to provide all the needs and requirements of the new project or company, which in turn works to facilitate and simplify all other facilities and services.
  • Finally, the costs of obtaining a commercial license in Dubai, which are carried out through the competent government agencies and bodies.

 

Establishing a company in the UAE

Even if they are not ready to start a full project, therefore, without any redundant information, HIM provides you with the best answer to how to establish a company in the UAE legally and completely successfully, as follows:

First: Determine the type of company activity

  • The nature of the activity of the company you wish to establish within the United Arab Emirates must be determined, as the country provides a range of activities such as commercial activity, professional activity, and industrial activity.
  • All previous activities are economic activities. These activities number more than twenty thousand different activities.

 

Second: Choosing the legal form of the company

  • One of the most important things that must be paid attention to is that anyone who wishes to establish a company determines the appropriate legal form for the company.
  • This step helps the relevant bodies determine the type of companies that adapt to your company.
  • There are five types of companies according to the legal form: the joint-liability company, the limited liability company, in addition to the public and private joint-stock company, and the civil works company.

 

Third: Registering the company’s trade name

  • First, you must learn about the costs of establishing a company in Abu Dhabi and then choose the trade name for your new company.
  • It should be noted that the trade name is the basic factor that determines any license and distinguishes it from other company licenses.
  • In addition, the trade name relates to the form and type of company activity, and this name is approved under multiple conditions that must be stipulated and applied in combination.

 

Fourth: The company’s initial approval must be obtained

  •  The next step after you determine your company’s commercial activity, determine the legal form, and register the trade name, you must obtain initial approval.
  • You will be able to obtain this approval through the competent government agencies and bodies. Make sure to familiarize yourself with the costs of establishing a company in Abu Dhabi.
  • You must also ensure that you follow up constantly in order to be able to obtain this approval related to your commercial activity.

 

Fifth: Preparing the articles of incorporation and determining the company’s headquarters

  • In order to be able to know the cost of establishing a company in the Emirates, you must prepare and prepare the contract designated for establishing the company, whether you want to establish it in Jebel Ali and the Free Zone or in the Emirates.
  • This step consists of bringing the original contract, in agreement between you and the competent bodies and authorities in the United Arab Emirates, but be sure to familiarize yourself with the costs of establishing a company.
  • In addition to the importance of choosing the company’s headquarters, make sure that its location is strategic so that you can carry out your business. The company must also have an existing physical address in the Emirates.

 

Sixth: Obtaining the company’s license

  • After successfully completing all the previous steps, you now own an investment company in the United Arab Emirates.
  • All you have to do is receive the license to be able to practice the activity for which you wish to establish the company.
  • Make sure to attach all the required documents, pay the cost of establishing a company in the Emirates and the trade license fees, and register with the Chamber of Commerce as a primary member.
  • Also, in order to be able to obtain the license for your new company, you must first know the costs of establishing a company in the Emirates.

 

Conditions for establishing a company in Abu Dhabi

Anyone who wants to know the costs of establishing a company must learn about the conditions for establishing a company in Abu Dhabi, as there are a large set of conditions that must be met in order to be able to establish a new investment company in a correct and legal manner.

 

You can learn about the most important conditions and procedures that must be followed in order to open your own company:

  • To determine the activity you want to carry out in this company, whether a commercial, professional, or industrial activity, make sure to know the cost of establishing a company in the Emirates.
  • In addition to the importance of determining the company’s legal form, so that you can get the best possible results, you can deal with one of the expert and specialized offices in this field.
  • The trade name of the new company must be registered.
  • You must also be careful to submit a request to the competent bodies and authorities. This request aims to obtain initial approval to establish the company.
  • Make sure to know in detail the costs of establishing a company in Abu Dhabi so that you can establish a new company within your budget.
  • The company’s articles of incorporation and the company’s local agent agreement must be obtained.
  • One of the most important conditions that must be met is to submit all required documents and documents, then pay the fees for the license or commercial register.
  • In addition to the importance of anyone wishing to establish a new investment company obtaining all approvals from additional authorities and governments in the United Arab Emirates .
  • Make sure you know all the information about how to create and establish investment companies, and learn about the costs of establishing a company in the Emirates.

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