Steps to establish a company in Dubai for Gulf citizens

The steps for establishing a company in Dubai for GCC citizens are done through a registered agent who undertakes all legal procedures, starting from determining the nature of the economic activity, passing through all procedures until obtaining the commercial license necessary to practice the business.
Therefore, if you are an investor If you would like to establish a company in Dubai for the Gulf, you can use our company and we will provide an accurate economic feasibility study on the project and provide offices for rent at reasonable prices and many services.In this article, we discuss the steps for establishing a company in Dubai for the Gulf, Types of business licenses in DubaiFor GCC nationals, advantages Establishing a company in Dubai For GCC nationals, details about the instant license In addition to several important points for every investor.

 

Steps to establish a company in Dubai for Gulf citizens

Advantages of establishing a company in Dubai for Gulf citizens

Establishing a company in Dubai for Gulf nationals provides many facilities and integrated services that support the investor’s investment process, saves time and effort, and increases profits. We present to you some of the advantages of establishing a company in Dubai for Gulf nationals:

  • Ownership in the company’s shares in full for the Gulf investor.
  • Complete disposal of the company’s capital and profits and the possibility of transferring them to the investor’s country.
  • Possibility of operating in more than one activity under the same commercial license.
  • Quick and easy access to all documents and licenses necessary to establish the company.
  • Tax exemption on company and personal income.
  • Availability of electronic services for applying for a commercial license and paying the required fees through many payment methods.

 

Types of commercial licenses to establish a company in Dubai for Gulf citizens

There are many types of commercial licenses in Dubai according to several factors, including the nature of the economic activity in which one wants to invest, and each commercial license has its own fees and not the others. In the following points, we present to you the most famous types of commercial licenses possible for establishing a company in Dubai for Gulf nationals, as follows:

  • General Trade License It is responsible for granting a license to a large number of commercial activities without barriers or restrictions that hinder the practice of commercial activity. It is an important license for establishing a company in Dubai for Gulf citizens. You can contact us for more information. Information about the general trade license.
  • Commercial license It is one of the famous types of commercial licenses for establishing a company in Dubai for Gulf nationals. It grants a license to a specific number of commercial activities in Dubai for Gulf nationals such as: sales, import, export, distribution activities, etc., and for more information Contact us about how to obtain a commercial license.
  • The professional commercial license is one of the most popular types of licenses for establishing a company in Dubai for Gulf citizens. This license is responsible for allowing the practice of a specific set of activities and not allowing the practice of other types. These activities are subject to the necessary local licenses and permits. For more information about the professional commercial license, contact us.
  • A business operating license is a commercial license for GCC citizens to establish a company in Dubai. The license is granted to companies that require a lease contract or work in the free zone. For more information about the business operating license, contact our team now.
  • The event organizing license is one of the most popular licenses for establishing a company in Dubai for Gulf citizens. This license is responsible for authorizing the holding of parties, conferences, exhibitions, and other large events. For more information about the event organizing license, contact our work team now.

 

To establish a company in Dubai for the Gulf, you must obtain one of the types of commercial licenses according to the nature of your business activity. Do not think too much and contact our work team, and we will undertake the task of choosing and obtaining the commercial license and dealing with government agencies to extract all documents and documents in the fastest time and at the lowest costs.

 

What is an instant business license?

  • The instant license in Dubai is one of the most important facilities provided by the State of Dubai for Investment and investors in order to shorten the time required to obtain the commercial license to just one step, by issuing a single exchange permit.
  • There is one condition for obtaining the immediate commercial license, which is that it is issued only once in the first year, and beginning in the second year to renew the license, the investor must submit all papers and documents related to the company to renew the license.
  • The costs of obtaining an immediate license to establish a company in Dubai for Gulf nationals is 3,000 UAE dirhams.

 

Steps to establish a company in Dubai for Gulf citizens

Establishing a company in Dubai for Gulf nationals is the same as all companies for other nationalities, which require steps and legal procedures that are carried out through the competent authorities in Dubai, such as the Department of Economic Development in Dubai, and includes the process of establishing a company in Dubai for Gulf nationals. Next steps:

  • Determine the nature of the company’s activity 

The Gulf investor is required to define an economic activity that expresses the company, whether commercial, industrial, service, agricultural, tourism, or other various activities of companies in Dubai. Therefore, the most important and first step in establishing a company in Dubai for Gulf Arabs is to determine the nature of the economic activity that expresses the company to be established in Dubai.

 

  • Reserve and register the company’s trade name

What distinguishes one company from another company or a commercial license from another? The company’s trade name is what distinguishes one commercial license from another. Therefore, a trade name must be chosen that expresses the nature of the activity of the Gulf company to be established in Dubai.The process of choosing a trade name includes a set of conditions as follows:

  • The trade name must reflect the nature of the company’s activity.
  • It must not include the name of a government entity or include the word “God”.
  • It should not be similar to the name of another company.
  • It should be followed by a brief of the company’s legal form.

After choosing a trade name for the company in accordance with the terms and regulations in Dubai, the trade name is registered. The entity responsible for registering the trade name in Dubai is the Department of Economic Development.

 

  • Determine the legal form of the company 

It must match the company’s activity, as the legal form of the company determines the laws under which the company will operate in Dubai. There are many legal forms for companies as follows:

  • Solidarity companies in Dubai.
  • Simple recommendation companies.
  • Limited liability companies.
  • Public joint stock companies.
  • Private joint stock companies.
  • Commercial representation offices.
  • Civil works companies.
  • A branch of a local company.
  • Branch of a foreign company.
  • Branch of a free zone company.
  • Individual Foundation.
  • holding company.

 

  • Obtain initial approval

One of the steps for establishing a company in Dubai for Gulf citizens is to obtain initial approval for the trade name, activity, and legal form.

 

  • Memorandum of Association and Business Agent Agreement

Establishing a company in Dubai for Gulf nationals requires signing the articles of incorporation and concluding a local service agent agreement for the company, in accordance with the legal form of the company.

 

  • Choosing a business location for the company

To establish a company in Dubai, Gulf nationals must choose a workplace that has a real location and is documented by the Real Estate Regulatory Authority. The headquarters can be rented or owned.

 

  • Obtain additional approvals

Some activities need to obtain additional approvals in order to complete the procedures for establishing a company in Dubai for Gulf citizens, such as (Ministry of Foreign Affairs, Ministry of Civil Defense, Ministry of Justice, Ministry of Economy, Dubai Municipality, communications activities, engineering and architecture activities, Dubai Health Authority, Supreme Council for petroleum)

 

  • Receiving the commercial license

OtherSteps for establishing a company in DubaiGulf nationals must receive the necessary commercial license to start work, after paying all fees, then receiving it from the service centers in Dubai to start. Work officially and register in the UAE Chamber of Commerce as a member.

In this article entitled Establishing a Company in Dubai for Gulf Arabs, we discussed the types of commercial licenses in Dubai and the advantages that the Gulf investor will obtain when establishing a company in Dubai For Gulf nationals, in addition to the steps for obtaining a commercial license for Gulf nationals.

 

Do not hesitate to request assistance in establishing a company in Dubai for Gulf nationals. All you have to do is contact us to set a time to meet with one of our experts to discuss the situation for establishing your company in Dubai. We will develop a plan and an accurate feasibility study and we will undertake all procedures and transactions with government agencies on your behalf. All you have to do is submit the required documents and leave the rest to our experts.

 

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