Investing in Dubai

Investing in Dubai

Every country has some laws and basics that must be followed when dealing with it in the field of investment. Violating these laws is considered a violation of the generally accepted principles in the field of trade and investment. Dubai is considered one of the basic and vital areas in the field of investment. Dubai sets investment laws in Dubai and they are special. In the field of investment in it, and in this article we will talk about everything related to the laws related to investment in Dubai.

 

Investing in Dubai

 

Accommodation in Dubai:

In order to obtainresidency in Dubai you must first obtain a special visa and you must also determine the type of visa for residence in Dubai, and it is common knowledge that There are many young people seeking to obtain a visa to reside in Dubai.

In order to obtain a visa for residence in Dubai, it must be specific for work in Dubai, and in order to work in Dubai, the visa is through a visa sponsorship, and the visa for work in Dubai, when obtained, facilitates work in all areas related to investment in Dubai, and the cost of obtaining Residency in Dubai is within the range of 4,500 UAE dirhams, which includes medical examinations and work to obtain the official and government papers required in order to complete the procedures for residency in Dubai.

 

Investing in Dubai:

Many young people and businessmen are working hard to reach Dubai in particular and the Emirates in general and invest in it. Dubai is a meeting place for many businesses and projects, so you must know the most important businesses that help invest in Dubai.

In order to succeed in the investment process in Dubai and the Emirates, you, as a businessman, must conduct a research study on the requirements of the labor market, and in this way it is possible to identify what the market lacks or what it needs, and every investor must know that the profitable result of investment is not only in the short term, but in the long run. Long term so as not to get frustrated, and one of the most important tips that must be followed when investing in Dubai is that the types of investments must be diversified and not rely on one business. Therefore, a solid plan must be developed that includes all aspects of the investment process in Dubai in particular and the Emirates in general.

Another important piece of advice that must be taken into consideration is that the work team includes a group of experts specialized in the field of investment and trade in general and who have comprehensive and complete knowledge of the labor market and the field of investment in Dubai and the Emirates in particular. In the case of borrowing from banks, you must, as a businessman or young man looking for a good project Do not risk that money in businesses in which you have no experience, so as not to fail.

 

Establishing a company in Dubai for foreigners:

Establishing companies in all countries has investment procedures and laws in Dubai that must be taken into account so that they do not fall under the law. In this article, the laws and procedures for establishing companies in Dubai will be learned.

In order to ensure the success of the business in Dubai, you must know the business that you will create and know the purpose of this business to start investing in Dubai. In the Emirates, the procedures for establishing a company via the Internet have become easier and easier than before, so the businessman who wants to establish a company in The Emirates and Dubai send sufficient information about the company regarding the name and activity on which the company is based.

After submitting the application for to establish the company in Dubai online, the employer pays all the fees required to start establishing and< a i=3>Company establishment in Dubai.

As we mentioned before, an integrated research study must be carried out on everything related to the region and the business that you are establishing in Dubai. Therefore, the free zone in Dubai is considered one of the most important regions that enjoy a suitable atmosphere for the labor market that you wish to establish in the region, and the free zone has facilitated all Concerning establishing a business in Dubai, as well as procedures for establishing companies in the region.

In order for the business and company that you wish to establish in Dubai to be successful, you, as an employer, must fully comply with everything related to the region, whether in terms of customs, traditions, or customs, as well as the investment laws in Dubai that the region stipulates for anyone who lives there or has his own business in the region.

Kind and courteous treatment is the main attraction factor in any business and it is one of the most important tips that must be followed when establishing a company or business in Dubai. Good treatment is the basis for attracting individuals and companies wishing to cooperate with you as a new business owner when wanting to establish a company and business in Dubai.

 

Procedures for establishing a company in Dubai:

In order to establish and document the company and make its ownership yours as an employer, you must follow some procedures for establishing the company, which depend on some important basics in order to start a legal business and a non-violating project.

In the beginning, when you want to establish a company, you must create a name for it, and the company name becomes known by the trade name that will be known among the people. As an employer who wants to establish a company, you must determine the type of company or the type of work that the company will provide, and this is one of the most important basics of establishing a company.

Before starting to establish the company, as well as starting the procedures for establishing the company, you must first determine the capital that you will depend entirely on in establishing the company, and you must be fully aware of all the money you will put in so that the business does not fail before it begins. Also, at the beginning, you must determine whether you have the desire to have partners in the business and in establishing the company or not.

 

Costs of establishing a company in the UAE:

Intense competition is one of the most important features of projects and companies that are established in the Emirates in general and Dubai in particular. Therefore, caution and necessary precautions must be taken when starting any new project, especially the Emirates, because it is an attractive factor for projects and companies.

The costs of establishing a company in the Emirates often depend on many external and foreign contributions as a result of the full support that the Emirati market contains from many foreign countries. Therefore, the cost of establishing a project or company in the Emirates is not exorbitant or low, but rather moderate and medium, because the Emirati market, as we mentioned previously, is a business. Attractive to different projects.

In the beginning, the matter must be done with government employees in the country who specialize in establishing companies in the Emirates, which is not a difficult matter as in some other countries, and after obtaining government approval from them, you begin to start establishing the company.

One of the most important basics of establishing a company in the Emirates is to conduct a feasibility study in order to set a budget and approved capital so that the project or company becomes successful from the beginning.

Choosing the location and target group of people on whom the company depends entirely is one of the most important basics of establishing a company in the Emirates.

Full compliance with all investment laws in Dubai and regulations stipulated in the Emirates is one of the most important foundations for the success and continuity of the company that is established in the Emirates.

 

Investing in the Emirates:

Most of the world’s investors prefer to invest in Dubai, because it contains global commercial markets, and it also contains international free zones. This is all due to several factors present in Dubai, and also provided by the UAE government as a form of encouragement to invest in Dubai.

 

The most important factors for successful investment in Dubai

First: The UAE’s strategic and distinguished location between the continents, as it connects the countries of Asia, Africa, Europe and South America, which gives its commercial markets a global character, which encourages the investor to reside and invest in Dubai.

Second: The infrastructure of the UAE. The UAE is characterized by the presence of good infrastructure, and the UAE allocates huge funds to obtain infrastructure that suits the volume of investments in it, and also prepares the way for successful investment in it.

In this regard, the Emirates is establishing a road network with international specifications for ease of transportation, and to connect all the Emirates to each other. It also provides good infrastructure in its commercial markets, and also in the free zones, which are the most important in order to guarantee investment in Dubai. Benefits of investing in Dubai.

The UAE has adopted many projects to develop its infrastructure, and recently announced a project to build the largest commercial wholesale market, with an area of ​​550,000,000 square metres, at a cost of thirty billion UAE dirhams. By establishing this project, the UAE aims to acquire a proportion of the global economy, which is expected to be approximately four trillion dollars in size, and this project is characterized by a distinguished logistical location. The project is located between Jebel Ali Free Zone and Al Maktoum International Airport, which gives great importance to this project and attracts investment in Dubai.

 

What is Dubai Investment Authority?

Dubai Investment Authority Dubai is a government body that was established in 1976, by order of Sheikh Zayed bin Sultan Al Nahyan, the founder of the modern Emirates. The Dubai Investment Authority is a government body with financial allocations, which have not been announced yet, but are estimated at approximately $800 million. The Emirates Investment Authority was established with the aim of making the UAE’s economy not only dependent on oil and mining, but opening up other areas for residence and investment in the UAE that are not dependent on oil and mining.

 

What is Dubai Investment Authority?

Dubai Investment Authority Dubai is a government body that was established in 1976, by order of Sheikh Zayed bin Sultan Al Nahyan, the founder of the modern Emirates. The Dubai Investment Authority is a government body with financial allocations, which have not been announced yet, but are estimated at approximately $800 million. The Emirates Investment Authority was established with the aim of making the UAE’s economy not only dependent on oil and mining, but opening up other areas for residence and investment in the UAE that are not dependent on oil and mining.

 

The most important goals achieved by the Emirates Investment Authority

Since the establishment of the Emirates Investment Authority, its primary goal has been to attract foreign investments to the Emirates and capture a proportion of the global economy. In this regard, the Investment Authority has concluded many agreements to achieve this goal, including the following:

First: The Investment Authority concluded an agreement with the largest bank in the United States of America, which is a bank affiliated with Citigroup in the United States. This was in 2007, and the volume of investment in this agreement was about seven and a half million dollars.

The return from this agreement was investments worth 4.9% of the total value of the bank obtained by the Investment Authority, by converting the Investment Authority’s ownership bonds into shares, but the opposite happened. The bank then failed to implement the terms of the agreement and breached them, and accordingly, the Emirates Investment Authority obtained large financial compensation at the time.

Second: The Emirates Investment Authority entered the field of real estate investment, and concluded an agreement with Emaar Company in order to build the largest residential complex with the aim of encouraging residence and investment in the Emirates.

 

Conditions set by the Dubai Investment Authority for foreign investment:

The Emirates Investment Authority has set some conditions for the commercial and investment activities that are permitted to be carried out in the Emirates by foreign investors, as well as the activities that are not permitted.

Among the activities permitted for foreign investors to practice in the Emirates are:

First: All activities related to business management, whether for foreign investor companies or providing advice on the management of other companies.

Second: All activities related to ownership, whether real estate or land.

Third: All activities related to speculation on the stock market, owning shares and selling them.

 

Activities that are not permitted when residing and investing in the UAE:

First: All activities related to oil, petroleum, or mining, whether by owning companies or businesses for managing this type of investment, or owning shares on the stock exchange related to this activity.

Second: Business related to aviation, such as owning and managing airlines within the Emirates, or providing any management consultations to institutions working in this field, in addition to owning shares on the stock exchange related to this activity.

Third: All work related to the field of media, in terms of owning media agencies in all their forms, whether audio, print, written or visual, and managing these agencies, in addition to providing management consultations to media agencies in the Emirates, and also the possibility of owning shares on the stock market related to this field in the Emirates.

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