Establishing a company in Dubai for Gulf Arabs is an important and exciting investment step. The emirate of Dubai in the United Arab Emirates is one of the most leading business destinations in the world, characterized by a dynamic business environment and encouraging legislation for investors. In order to achieve sustainable success in this market, cooperation with Itqan Company is a crucial step. Establishing a company in Dubai for Gulf nationals involves a series of steps that must be carefully considered and followed. Here comes the role of Itqan Company as a reliable consulting partner to help you in this process. Itqan Company has extensive experience in establishing companies in Dubai and understanding the legislative process and steps for establishing a company in Dubai for Gulf citizens.

It reflects the importance of the role played by Itqan Company in achieving your success in this field. By cooperating with them, you will receive the necessary guidance and professional advice to facilitate the process and ensure your compliance with legal and administrative requirements.

In this article, we will discuss some of the main steps that must be followed to establish a company in Dubai for Gulf nationals in cooperation with Itqan Company. We will explore the legal and administrative requirements, highlighting the importance of choosing the right type of company and the necessity of obtaining local partners, as well as the necessary procedures for registration and licensing.

By understanding these basic steps and using the expertise of Itqan Company, you will be able to start your entrepreneurship journey in Dubai and achieve your career goals. Itqan Company provides you with the unlimited support and knowledge necessary to successfully establish a successful company in Dubai for Gulf nationals.

Steps to establish a company in Dubai for Gulf citizens

Steps to establish a company in Dubai for Gulf citizens

Establishing a company in Dubai for Gulf nationals requires following some of the following basic steps:

1. Choosing the type of company: Gulf citizens must determine the type of company they wish to establish, whether it is a sole proprietorship, a limited liability company, or a joint stock company.
2. Choosing and registering a name: You must choose a name for the company and ensure that it is not similar to the names of other companies that already exist. An application is then submitted to register the name with the Department of Commerce and Industry in Dubai.
3. Determine the commercial activity: The company’s commercial activity must be determined and the necessary license must be obtained from the relevant government agencies.
4. Identification of Shareholders and Directors: Shareholders and directors must be identified and necessary documents must be provided to confirm their identity.
5. Determine the headquarters: You must determine the location of the company’s headquarters and provide a valid lease contract.
6. Preparation of legal documents: The company contract, the company’s articles of association, and other necessary documents are prepared and submitted to the competent authorities.
7. Obtaining the necessary licenses and permits: The necessary licenses and permits must be obtained from the relevant authorities such as the Department of Economic Development, Dubai Municipality, and the Department of Labor and Economic Development.
8. Registering the company and obtaining a commercial license: After completing all procedures and submitting the necessary documents, the company is registered and obtaining a commercial license.

By following these steps, Gulf nationals can establish a successful company in Dubai and start doing business efficiently. Consultation with local professionals or legal advisors is always encouraged to ensure full compliance with local laws and regulations.

Documents required to establish a company in Dubai for Gulf citizens

To establish a company in Dubai for Gulf nationals, a set of basic documents must be submitted to the relevant authorities. Here is a list of generally required documents:

• Copy of ID card for shareholders and directors: Copies of ID cards must be provided for shareholders and directors representing the company.
• Copy of passport for shareholders and directors: Incorporation requires submitting copies of passports for shareholders and directors.
• Memorandum of Association and Articles of Association: These two documents define the company’s structure, objectives, and method of management.
• Trade License: This permit is obtained from the Department of Economic Development in Dubai, and allows the company to practice specific commercial activities.
• Tenancy Contract: A copy of the lease contract must be submitted to the company’s headquarters.
• Additional permits as needed: The company may need additional permits based on its business activity, such as health or environmental permits.
• Financial reports: Some companies may require financial reports to establish the company, such as the business plan and projected financial estimates.

Establishing a company in Dubai

Why Dubai?

Dubai ranked first in the Financial Times report, “Best Performance in Global Foreign Direct Investment for the year 2018,” which confirmed Dubai’s superiority over London, Paris, Dublin, and Singapore, as it appeared in all global rankings reports for the best investment locations issued in 2018 by the FDI Markets Index, which monitors data on foreign direct investment. Capital and new FDI projects around the world, and FDI reports that identify the world’s best FDI locations through benchmarking.

From this standpoint, all eyes are directed to the UAE, which is the ideal country to realize your investment dream and establish your company, and our mission here is to obtain your commercial license within a few days.

The period required to obtain a business license in the United Arab Emirates is related to the type of activities you wish to practice in addition to the legal form of the company. There are commercial activities that require approvals from more than one federal or governmental entity, but the Dubai government always guarantees to all investors the provision of unparalleled facilities and services. To make Dubai the ideal destination for doing business and establishing companies.

There are many large and medium-sized companies that want to enter into foreign projects, but in specific areas for their business branches, and do not want to work from the headquarters of their main company, as offshore companies allow the implementation of such projects.

Establishing companies in Dubai is to provide more facilities to local and foreign investors within the framework of providing integrated services that allow them to carry out their foreign business.

A foreign company can establish a branch of its existing company and a commercial register in Dubai:

• No capital is required.
• 100% ownership by foreign investors.
• Partners do not have to be present in the UAE to register their company.
• The possibility of appointing department directors and managers in your company.
• The possibility of transferring all profits and capital to the investor’s country.
• You can register the company by contacting us online, and we will take all the steps and strive to complete them on your behalf.
• Complete exemption from income taxes, whether personal or corporate taxes.
• Issuing all required documents to the company within days.
• A wide range of business activities for the same license.

Establishing a company in Dubai

Contact us and do not waste your time and effort searching for the requirements for establishing a company in Dubai . We provide you with the citizen services agent necessary to establish a company in Dubai. We also have many options for rental offices at competitive prices and in the best vital areas that stimulate trade in Dubai. We also provide you with everything you need. To obtain all necessary approvals for a commercial or administrative license, contact us or leave your message on chat and get a price quote. Company in Dubai

Procedures for establishing a company in Dubai

The process of setting up a company in Dubai requires following specific procedures to ensure compliance with local laws and regulations. Here is a summary of the main steps to take to establish a company in Dubai :

First and foremost, investors should decide what type of company they want to establish, whether it is a sole proprietorship, limited company or partnership, based on their business needs and objectives.

After that, you must choose a name for the company and ensure its availability and compliance with local laws and government regulations. An application to reserve the name must also be submitted to the Department of Commerce.

Then, investors must submit the necessary documents to establish the company, such as an application form, a copy of the passport for shareholders and directors, and recent personal photos.

Next, the company’s basic legal documents, such as articles of association, shareholding contracts and management authorizations, must be prepared and submitted.

Therefore, investors must obtain the necessary licenses from the competent authorities, such as a commercial license and a building license if required, according to the type of business activity of the company.

Finally, after all conditions and procedures are met, all documents and applications are submitted to the Dubai Department of Economic Development or the competent authority for final approval and company registration.

Investors must be aware of local laws and regulations and adhere to all requirements required during the company establishment process to ensure its success and compliance with the laws.

Costs of establishing a company in Dubai

Establishing a company in Dubai is an important investment step that requires advance planning and preparation. This process includes many financial and legal aspects that must be considered. Here is a paragraph that talks about the costs of establishing a company in Dubai:

Establishing a company in Dubai represents an interesting challenge and a fruitful opportunity for entrepreneurs and investors. This process is subject to many costs that must be carefully considered. Basic costs include government registration and licensing fees, legal and accounting consulting costs, rental and marketing costs, and capital needed to start the business.

The cost of setting up a company in Dubai may vary significantly based on the type of company and the size of the planned business. For example, costs may be lower for a sole proprietorship than for a limited liability company or joint stock company. In addition, costs can increase significantly if the company requires special licenses or provides specialized services.

Therefore, before embarking on the process of establishing a company, businessmen and investors must prepare an accurate financial feasibility study to determine the expected costs and ensure that an appropriate budget is planned for the successful establishment and operation of the company.

Dubai Free Zone

The Dubai Free Zone is a region characterized by a special status that is different from the rest of the regions, as it is a tax-free zone in addition to having low trade barriers, which enables the investor to manufacture, import and export various goods in addition to also trading them or reconstructing them, and all of this without paying any customs fees. Most free trade zones are generally located in the most geographically strategic locations, such as sea ports, airports, and national borders, all with the aim of amplifying trade advantages.

There are more than 30 free zones in the UAE distributed throughout the Emirates, which contribute significantly to attracting foreign investments, which are in the form of a group of companies that work to increase the gross domestic product of the United Arab Emirates.

Each of these companies is specialized in a specific field or commercial activity, and the free zones in the Emirates work to facilitate the procedures for establishing an investment company in Dubai. The most important of these facilities is that these free trade zones provide 100% ownership of the company to the investor, in addition to the absence of bureaucratic red tape. And not to interfere in the company’s affairs.

Establishing a company in the free zone

Establishing a company in the free zone

Establishing companies in Dubai in the free zone at the lowest possible costs. We help you submit all the necessary documents to open a company in Dubai and clear all transactions related to establishing companies in Dubai with the utmost order and precision. We also help you choose the ideal type of company that you would like to establish in the United Arab Emirates, specifying The ideal location and many facilities that help the success of your organization or company in Dubai.

Establishing a company in Dubai in simple and quick steps, issuing all types of commercial licenses, clearing all necessary transactions without any hassle with us, issuing approval for the commercial license, and also the service agent necessary to conduct all transactions until issuing the final license and residency.

Establishing companies in Dubai and clearing all government and legal transactions to establish companies in Dubai, renewing commercial licenses for companies in Dubai, completing everything related to establishing a company in Dubai, obtaining the necessary approvals, and clearing all procedures to establish a company in Dubai without any problems or delay.

Advantages of establishing a company in the free zone

Establishing a company in a free zone in Dubai comes with many advantages that make it an attractive option for investors. Here are some key features:

• Government Facilities: Dubai’s Freedom Zones offer a facilitating legislative and regulatory environment for businesses, which helps simplify administrative procedures and reduce bureaucracy.
• Tax reductions: Investors in Freedom Zones enjoy many tax privileges, such as not imposing long-term income taxes and not imposing value-added tax (VAT) on some services and goods.
• Full Ownership: Foreign investors are allowed to fully own their companies without the need for a local partner, ensuring they have full control over the company’s operations.
• Ease of export and import: Freedom Zones in Dubai provide easy access to regional and global markets, facilitating import and export operations.
• Advanced infrastructure: Al Hurriya areas provide advanced infrastructure including logistical facilities, distribution centers, and advanced storage areas, which supports the growth of companies and the expansion of their business.
• Access to skilled workers: The presence of free zones in Dubai provides access to a diverse and skilled labor base of different nationalities, which facilitates recruitment and enhances work efficiency.
• Easy to navigate: Al Hurriya Districts are strategically located and close to ports, airports and main roads, making them an ideal place for business and distribution.

By concluding this article, we can say that establishing a company in Dubai for Gulf nationals in cooperation with Itqan Company is a decisive and important step to achieve your success in the thriving business market in Dubai. Dubai is an ideal environment for entrepreneurship, providing great opportunities for startups and investors.

By cooperating with Itqan Company, you will receive the necessary support and professional advice to successfully establish your company in Dubai. The Itqan team has extensive experience in establishing companies in Dubai, and thoroughly understands local legislation and procedures.

Among the main steps that must be followed to establish a company in Dubai for Gulf nationals in cooperation with Itqan Company, we find choosing the appropriate type of company, choosing the appropriate and unique company name, submitting an application to establish the company to the Department of Economic Development, obtaining a work license, choosing the appropriate location, and an investor visa, And compliance with tax legislation.

In short, by cooperating with Itqan, you can benefit from their experience and deep knowledge of the Dubai market and local legal and administrative requirements. They will help you overcome the challenges and facilitate the process, thus achieving your success in establishing a successful company in Dubai for the Gulf.

The most frequently asked questions about establishing a company in Dubai for Gulf nationals