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Establishing a company in Dubai for Saudis – Steps and tips

الوثائق المطلوبة لتجديد الرخصة التجارية

١١ فبراير Establishing a company in Dubai for Saudis – Steps and tips

Establishing a company in Dubai for Saudis is one of the most important investments that Saudis are looking for, and this is due to the attractive factors that Dubai enjoys for investment and free zones that are considered a fertile environment for investors. The UAE provides all facilities for Saudis who wish to establish a company in Dubai for Saudis. In the following lines, we will discuss the requirements and steps for establishing a company in Dubai for Saudis.

Requirements for establishing a company in Dubai for Saudis

There are some requirements that must be taken into account before starting any activity in the UAE and before establishing a company in Dubai for Saudis. These requirements include the following:

  • The existence of a clear feasibility study for the project.
  • Choosing a suitable trade name that expresses the activity.
  • Completing the required licenses and papers.
  • Choose a place of work that meets all licenses.
  • Obtaining a commercial license for the activity.

Steps to establish a company in Dubai for Saudis

  • Submitting all required papers and documents to the competent authorities, which is the Department of Economic Development.
  • Payment of the fees for obtaining a commercial license within thirty days from the date of submitting the application for the license.
  • Registering the company in the Emirates Chamber of Commerce and obtaining membership.
  • Open a commercial register for the company after receiving the commercial license.
  • Providing all information regarding the company’s capital in the commercial register.
  • The validity of the commercial license begins from the date of issuing the payment permit.
  • There is one payment method for all procedures related to obtaining a commercial license.

Tips before establishing a company in Dubai for Saudis

Before thinking about establishing a company in Dubai for Saudis, there are some tips that must be followed if you are thinking of investing in Dubai in order to get the best results from your investment, including the following:

  • Conducting a feasibility study for the investment activity.
  • Consult economic specialists in the activity before starting it.
  • Do not borrow money to start an investment activity.
  • Not putting the total capital into the project and keeping part of it.
  • Do not expect to make money at the beginning of the activity and accept the loss.

If you need to know more about establishing a company in Dubai for Saudis, you can contact us and one of our experts will help you with all the procedures without you having to make an effort or waste time.