Steps to establish a company in Dubai for Saudis

Steps to establish a company in Dubai for Saudis – An investment orientation with strong effectiveness and huge profitable returns for Saudi investors for various sizes and types of companies without exception, as the city of Dubai hosts thousands of investors annually to establish all investment projects from trade, manufacturing, services, tourism and other various activities that She found all the support she needed to succeed in Dubai.
The UAE government supports the establishment of a company in Dubai for Saudis and provides the investor or entrepreneur with Saudi business is the financial, environmental, technological and other success factors that the investor is looking for to establish a successful business, benefit from financial returns, and create a global brand. In this article, we discuss the steps to establish a company in Dubai For Saudis and how to open a commercial register in Dubai.

 

Steps to establish a company in Dubai for Saudis

Steps to establish a company in Dubai for Saudis

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

  • Determine the nature of the company’s activity 

Companies are characterized by different economic activities, so it is necessary for the Saudi investor to determine an economic activity that expresses the company, whether commercial, industrial, service, agricultural, tourism, or other different activities of companies in Dubai. Therefore, the most important and first step in establishing a company in Dubai for Saudis is to determine the nature of the economic activity that expresses About 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 Saudi 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 

Every economic activity has a legal form, and on the basis of both, the company is established and its own laws are established. This is because the legal form of the company is an important step in the steps of establishing a company in Dubai for Saudis, and 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, and the legal forms are multiple. 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 Saudis is to obtain initial approval for the trade name, activity, and legal form. Some economic activities need the approval of government agencies related to the activity before obtaining initial approval.

  • Memorandum of Association and Business Agent Agreement

Establishing a company in Dubai for Saudis requires signing a contract of incorporation and concluding a local service agent agreement, in accordance with the legal form of the company, as follows: (civil works company, one-person company, limited liability company, simple partnership, public joint stock company, joint liability company, joint stock company). private contribution).

  • Choosing a business location for the company

Where will you work? Choosing an actual business location for the company is an essential step for establishing a company in Dubai for Saudis, as each company must have a workplace and submit a notarized contract from the Dubai Real Estate Regulatory Authority, whether the headquarters is owned or rented.

  • Obtain additional approvals

Not all economic activities are the same, so some activities require obtaining additional approvals from the authorities concerned with the nature of the company.The additional authorities are summarized as follows: (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 Petroleum Council)

  • Receiving the commercial license

Now you have reached the last steps of establishing a company in Dubai for Saudis, and you can obtain the commercial license necessary to start work after paying all fees related to the license and then receiving it from the service provision centers in Dubai to officially begin learning and register in the Emirates Chamber of Commerce as a member.

What documents are necessary to obtain a trade license in Dubai for Saudis?

  • Submit the initial approval receipt and all documents submitted previously.
  • Submit a copy of the lease contract authentication certificate.
  • Availability of a certified articles of incorporation.
  • Availability of a contract to appoint a service agent.
  • Approval of other government agencies.

 

Steps to open a commercial register in Dubai for Saudis

  1. Attach the documents previously used to obtain the commercial license and send them to the Department of Economic Development in Dubai.
  2. Pay all commercial license fees within 30 days no more than the date of issuance of the payment permit.
  3. Register in the UAE Chamber of Commerce as a member before starting actual work in the company.
  4. A commercial license is required in order to open a commercial register.
  5. Deposit the required capital value in the commercial registry data.
  6. Obtaining the commercial registration necessary to establish a company in Dubai for Saudis.

 

Do you need an expert to establish a company in Dubai for Saudis?

It is our pleasure to provide you with a helping hand to establishing a company in Dubai for Saudis through the comprehensive and integrated services that we provide in our company with the help of the strongest work team In the field of establishing companies for various nationalities and providing legal consultations.We are one of the largest companies that provide investment services in Dubai and we provide all support methods to our clients, because we are distinguished by the following:

  • We have many years of experience in establishing various types and sizes of companies in Dubai.
  • Our company’s work team is trained in legal procedures and transactions with the competent authorities in Dubai.
  • We specialize in obtaining and renewing all commercial licenses for various activities.
  • We are distinguished by our quality and completing all procedures in the quickest time and at the lowest costs.
  • We provide offices, warehouses and warehouses for rent at the best prices in Dubai.
  • Providing full support and problem solving 24 hours a day, 7 days a week.
  • We provide legal advice through the most qualified legal consultants in the field of investment in Dubai.

 

At the end of this article about Establishing a company in Dubai for Saudis We would like to have shed light on what you are looking for about the steps for establishing a company in Dubai for Saudis and the documents. Necessary to establish a company in Dubai for Saudis and the steps to open a commercial register in Dubai for Saudis.

 

For more information about Establishing a company in Dubai for Saudis and to request assistance in obtaining commercial licenses and dealing with government agencies to complete all procedures and papers, contact the work team We have it now and book your consultation with us.

 

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