Dubai is considered one of the most prominent global destinations for establishing business companies, thanks to its strategic location and advanced infrastructure. Dubai provides a dynamic business environment that supports growth and innovation, making it an ideal destination for entrepreneurs and investors. There are many ways to establish business companies in Dubai , as the options vary based on the type of business activity and the size of the investment.

One of the most important options available is to establish a company in free zones, which provides many advantages, including full ownership by foreigners and tax exemptions. Free zones in Dubai include areas such as the Dubai International Financial Centre, Jebel Ali Free Zone, Dubai Internet City, and others. Each free zone has its own requirements and procedures related to registering the company and obtaining the necessary licenses.

Alternatively, a local company can be established in Dubai through a partnership with an Emirati national or a company 51% owned by Emirati nationals. This type of company allows operating in the local market and includes a wide range of business activities. This process requires obtaining approvals and licenses from the relevant government authorities such as the Department of Economic Development in Dubai.

Limited Liability Companies (LLC) can also be established, which is one of the most common types of companies in Dubai. These companies require a local partner, but foreigners can own up to 49% of the shares. These companies are suitable for small and medium businesses and are characterized by flexibility in management and division of profits.

To ensure the success of the company establishment process in Dubai, specialized consulting services can be used such as ITQAN, which has extensive experience in providing the necessary support to investors and entrepreneurs. ITQAN provides comprehensive services that include legal and administrative consultations and assistance in preparing the necessary documents and licenses, which contributes to facilitating the process and avoiding potential obstacles.

In short, establishing a business company in Dubai requires careful consideration of the available options and the necessary legal and administrative procedures. Whether the choice is a free zone, a local partnership, or a limited liability company, obtaining specialized advice and support can contribute significantly to the success of the project and achieving the desired goals.

Ways to establish business companies in Dubai

Ways to establish business companies in Dubai

Establishing a company in Dubai requires specific procedures that Gulf investors must familiarize themselves with before starting the process. There are several methods that Gulf investors can use to establish a company in Dubai:

• Establishing a limited liability company: Gulf investors can establish a limited liability company in Dubai using the services of local or international financial and legal services suppliers. Limited joint stock companies in Dubai can save money by selling shares to other individuals, which means the company can access a larger source of funding.
• Establishing a joint stock company: Gulf investors can establish a joint stock company in Dubai using the services of local or international financial and legal services suppliers. Joint stock companies in Dubai can save money by selling shares to other individuals, which means the company can access a larger source of funding.
• Establishing a commercial company: Gulf investors can establish a commercial company in Dubai using the services of local or international financial and legal services suppliers. Business companies in Dubai can save money by selling shares to other individuals, which means the company can access a larger source of funding.
• Establishing an investment company: Gulf investors can establish an investment company in Dubai. Investment companies in Dubai can save money by selling shares to other individuals, which means that the company can access a larger source of funding.

Types of companies that can be established in Dubai

Dubai is one of the most attractive cities for investors in the world, providing an excellent business environment and diverse investment opportunities. Saudis can take advantage of these opportunities by establishing a company in Dubai . Dubai allows investors to choose from several types of companies that can be established. Below we will review some of these types:

• Local company: Saudis can establish a local company in Dubai, which is considered the most common and easiest type of establishment. This company requires a national partner who owns no less than 51% of the capital.
• Subsidiary company: Saudis can establish branches of their companies in Dubai, and the parent company is responsible for the branch. Establishing a subsidiary does not require a local partner.
• Free Zone: Dubai provides many free zones that allow Saudi investors to establish their companies easily and on competitive terms. Free zones enjoy great flexibility in commercial laws and taxes and provide an excellent work environment.
• Financial and investment institutions: Saudis can establish companies specialized in financial and investment businesses in Dubai, such as banks, insurance companies, and investment companies.
• Technology and innovation companies: Dubai is witnessing significant growth in the technology and innovation sector, and therefore Saudis can establish companies in areas such as biotechnology, artificial intelligence, and software development.

Establishing a company in Dubai requires a thorough understanding of local laws and procedures, and it is important to work in cooperation with a specialized company such as Itqan to facilitate the establishment process and ensure compliance with legal requirements. Saudis can take advantage of the wonderful environment in Dubai to expand their business and explore new opportunities in a dynamic global market.

Basic steps to establish a company in Dubai

Basic steps to establish a company in Dubai

Establishing a company in Dubai is an important and feasible investment step for Saudis wishing to expand their business activity and explore new opportunities. Dubai offers an excellent business environment and favorable trade laws, but requires compliance with specific procedures. Below we review the basic steps for establishing a company in Dubai:

• Research and Planning: You should start by doing extensive research about the market in Dubai and determining the type of company you want to establish. You should identify the sector in which you will be working, the expected financial needs and legal requirements.
• Choosing the appropriate type of company: You must determine the type of company you wish to establish, whether it is a local company, a branch of an existing company, or a company in the free zone. Your choices must comply with your business plans and local laws.
• Company name and registration: You must choose an appropriate company name and ensure that it does not conflict with other existing companies. After that, the company name must be registered with the relevant authorities in Dubai.
• Work License: A work license must be obtained from the relevant authorities, and this requires submitting the required documents and complying with the specified conditions. It may also require contracting with a local agent or specialized company to represent the company in Dubai.
• Capital: The capital required for the company must be determined and provided. Financial requirements may vary depending on the type of company and local laws, and may require examining and evaluating investors’ personal finances and providing financial guarantees.
• Legal and tax obligations: You must adhere to the legal and tax laws and regulations in Dubai. Financial reports must be submitted regularly and the required accounting and tax standards must be adhered to.
• Getting Started: After obtaining a business license and completing the legal procedures, you can start operating your company in Dubai and explore the available business opportunities.

Note that these steps are only a general overview, and details of procedures and legal requirements may vary according to the type of company and current laws. It is necessary to work with a legal advisor or specialized company to obtain the necessary advice and ensure full compliance with the laws and regulations in Dubai. Collaborating with an experienced lawyer or legal consultant in business affairs in Dubai can help you facilitate the company establishment process and guide you through the necessary legal procedures.

Documents required to establish a company in Dubai

Documents required to establish a company in Dubai

Establishing a company in Dubai requires submitting a number of legal papers and papers. First, you should know that company establishment procedures and required documents may vary based on the type and classification of the company you wish to establish and the current laws in Dubai. Here are some of the basic documents you usually need to set up a company in Dubai:

• Registration application form: The registration application form must be submitted to the target company and filled out with correct and accurate information. There may be different models depending on the type of company.
• Certified copies of passports: Certified copies of passports must be provided to all relevant shareholders and directors of the company.
• Financial Certificate Certificate: You may be asked to provide a bank certificate proving your ability to finance the company and provide the required capital.
• Social Contract: A company social contract must be prepared that defines the shareholding structure and the rights and duties of shareholders and directors.
• Agent Authorization: If you intend to appoint an agent to represent the company in Dubai, you will have to submit an approved agent authorization document.
• Commercial Address: You will need to provide a valid commercial address for the company in Dubai. This could be the address of a commercial office or a unit in a free zone.
• Permit from the regulatory authority: You may be required to obtain a special permit from the relevant regulatory authority in Dubai, depending on the type of company and current laws.
• Company incorporation certificate: After completing all procedures and submitting the required documents, you will receive a company incorporation certificate that proves the legality of the company’s existence.

Please note that these documents are for reference purpose only and there may be additional requirements and other details depending on the company type, classification and current laws in Dubai. It is highly recommended to cooperate with a competent legal advisor or business services center to obtain the necessary advice and ensure compliance with applicable laws and regulations in Dubai.

Advantages provided by free zones for establishing a company

Free zones are one of the ideal options for establishing companies in Dubai and the United Arab Emirates. These areas provide a specialized environment and unique features that attract entrepreneurs and foreign investments. In this context, we will review the advantages that free zones provide for establishing companies and stimulating success and economic prosperity. Advantages provided by free zones for establishing companies:

• Customs exemptions: Customs exemptions are considered one of the most important advantages provided by free zones. Strong discounts or complete exemptions are offered on customs duties and taxes related to import and export. This contributes to reducing operating costs and increasing the company’s competitiveness.
• Flexible legislation: Free zones have flexible legislation and regulations that enhance the business environment and simplify administrative procedures. This facilitates and speeds up the process of establishing and managing the company, saving time and effort for investors.
• Access to regional and international markets: Free zones provide distinct opportunities to access regional and international markets. They are strategic starting points for international trade, as they provide advanced infrastructure and high-quality logistical services that facilitate shipping and distribution operations.
• Focus on specific economic sectors: Dubai’s free zones are diverse and focus on specific economic sectors such as technology, logistics, heavy industry, tourism, and real estate investments. This provides specialized opportunities for companies operating in these sectors and helps them achieve success and growth.
• Advanced infrastructure: Free zones include advanced infrastructure that includes modern and integrated facilities such as warehouses, logistics centers, industrial and technological facilities. It also provides advanced information technology and communications technology services, which supports companies’ operations and enhances their efficiency.

In short, free zones offer a range of attractive advantages for establishing businesses, from customs exemptions and flexible legislation to advanced infrastructure and access to regional and international markets. By establishing with Etqan Company, investors can benefit from its experience and specialized knowledge in establishing companies in free zones, which increases the chances of success and economic prosperity in the exciting and thriving Dubai market.

Our company’s role in establishing business companies in Dubai

Frequently asked questions about ways to establish business companies in Dubai