Opening a commercial register in Dubai for Saudis, Opening a commercial register in Dubai is considered one of the most important steps sought by many Saudi businessmen and investors who wish to establish their companies in the UAE. Dubai is one of the most attractive cities for foreign investment thanks to its distinguished economic environment, its easy legal system, and its advanced infrastructure that provides wide opportunities for growth and expansion in local and international markets. In addition, Dubai offers many tax incentives and benefits that make it an ideal destination for investors, which contributes to strengthening the local economy and attracting more international companies. Saudis who wish to open a commercial register in Dubai can take advantage of these unique opportunities, whether it is to expand their businesses in the UAE markets or to facilitate access to other markets in the Gulf region and the Middle East.
Opening a commercial register in Dubai requires good knowledge of the legal and practical procedures that include choosing the appropriate business activity, choosing the type of company, and obtaining the necessary licenses. By cooperating with specialized companies such as Itqan Company, Saudi investors can be guided and advised on how to implement these steps easily and smoothly. Itqan Company provides integrated services in establishing companies in Dubai, starting from providing legal advice to implementing all the procedures required to obtain a commercial register. With Itqan, Saudi investors receive comprehensive support to help them pass all the administrative and legal stages to establish their businesses smoothly and professionally.
Basic steps to open a commercial register in Dubai
Opening a commercial register in Dubai is an essential step for anyone wishing to establish a business in the UAE. Dubai offers an encouraging and advanced business environment, making it a preferred destination for many local and international investors. By following the basic steps to establish a commercial register in Dubai, investors can start their business activities in a legal and organized manner.
Basic steps to open a commercial register in Dubai
Determine the type of business activity: The first step to take is to determine the type of business activity that will be practiced in Dubai. The activity must comply with the local laws set by the Department of Economic Development. This includes choosing the right activity that reflects the type of service or product you intend to provide.
Choosing a trade name: The business owner must choose a trade name that is in line with the laws related to commercial licensing in Dubai. The name must be unique and not used by other companies, and may require confirmation from the Department of Economic Development.
Determine the legal form of the company: The type of legal entity of the company must be determined, such as a limited liability company (LLC), a branch of a foreign company, a sole proprietorship, or a joint stock company. Choosing the appropriate form depends on the size of the activity and investment requirements.
Preparing legal documents: It is necessary to submit a set of legal documents that include a passport, visa (if available), a lease contract for the office or workplace, in addition to any other permits that may be required.
Submitting the application to the Department of Economic Development: The investor must submit an application to open a commercial register to the Department of Economic Development in Dubai along with the required documents. Once the application is approved, the commercial register will be issued.
Paying the required fees: After submitting the application, the investor must pay the required fees to obtain the commercial register, which vary according to the type of activity and the area in which the company is established.
Obtaining a commercial license: After completing all legal procedures and obligations, a commercial license is issued, which allows the investor to officially start the business activity.
Registering for taxes and social insurance: The investor must register his company with the government agencies concerned with taxes and social insurance according to the commercial activity, ensuring full compliance with local requirements.
Documents required to open a commercial register in Dubai
Opening a company in Dubai is one of the most important steps that any investor or business owner must take when establishing a company or commercial project in the emirate. Dubai provides a distinguished business environment and advanced facilities that help businesses grow and provide various opportunities for local and international investors. To ensure that the registration process runs smoothly, there are a set of required documents that must be submitted to the relevant authorities. Understanding and preparing these documents accurately contributes to accelerating the procedures for opening a commercial register and ensuring compliance with legal requirements.
Documents required to open a commercial register in Dubai
Passport: A copy of the passport of the company owner or investor must be submitted, ensuring that the passport is valid. In the event of foreign partners, their passports must also be submitted.
Valid residency: In the event that the company owner or one of the partners resides in Dubai or the Emirates, a copy of a valid residency must be submitted.
Personal photos: Recent personal photos of the business owner and partners in the company are required, as part of the routine procedures to complete the registration.
Commercial registration application form: A correctly filled-out form must be submitted from the Dubai Department of Economic Development, which includes details about the business activity and type of company.
Business Plan: Some businesses require a detailed business plan detailing the project, such as objectives, target audience, marketing strategies, and other important points.
Power of Attorney (if required): If someone else is authorized to carry out the procedures for opening a commercial register on behalf of the employer, a notarized power of attorney must be submitted.
Lease or Business Location Agreement: A copy of the lease or business location agreement must be submitted, proving that the company will have a physical office in Dubai.
No Objection Certificate (NOC): In some cases, you may need a No Objection Certificate from the sponsor or current employer, especially if the employee wants to open his own company while working in another job.
Partner Documents: If there are foreign partners, documents such as passports and nationality certificates must be submitted in addition to other details.
Business Activity Details: The type of business activity must be specified accurately in the commercial register application, with the need to ensure that the activity complies with Dubai’s trade laws.
Facilities provided by Dubai to Saudi investors
Opening a company in Dubai is one of the most prominent investment destinations in the world, and it has become a major center for business and trade in the Middle East. The emirate offers many facilities that make it an ideal place for both local and international investors. For Saudi investors, Dubai provides a distinguished legal and commercial environment, which contributes to enhancing competitiveness and facilitating company establishment procedures. Dubai is distinguished by its strategic location, thriving economy, and advanced business environment, in addition to its flexible tax system and various legislations that support companies from all fields.
Facilities provided by Dubai to Saudi investors
Fast and easy establishment procedures: Dubai provides Saudi investors with smooth and fast company establishment procedures, as investors can establish their companies within a short period of time ranging from two days to two weeks only, depending on the type of business activity and location.
Tax exemptions: Dubai offers attractive tax exemptions to Saudi investors in some free zones and sectors. The most prominent of these exemptions is the exemption from income tax on companies and individuals, which contributes to enhancing investment returns.
Multiple Free Zone Options: Dubai allows Saudi investors to establish their companies in a range of free zones that offer multiple benefits such as tax exemptions, full foreign ownership, and employment and transportation facilities. These areas include Dubai Silicon Oasis and Dubai International City, among others.
Ease of transferring money: Dubai has an advanced banking system that allows Saudi investors to transfer money quickly and safely between the UAE and Saudi Arabia, which enhances the flexibility of financial operations and gives individuals and investors the freedom to control their money.
100% ownership privileges: In some free zones in Dubai, Saudi investors are allowed to own their companies 100% without the need for a local partner, which gives them full control over companies and enhances the chances of their business success.
Flexible legal environment: Dubai offers advanced commercial laws that comply with the best international standards, which contributes to protecting the rights of Saudi investors and ensuring the stability of businesses in the city.
Residence and visa facilities: The Golden Residency and Investor Residency system in Dubai allows Saudi investors to obtain long-term residency visas, making it easier for investors to work and settle in Dubai with their families.
Government support for emerging projects: The Dubai government provides support programs for emerging projects by providing financing facilities and development consultations, which contributes to enhancing the growth of small and medium-sized businesses.
Cost of opening a commercial register in Dubai
Dubai is one of the most attractive business destinations for investors from all over the world, thanks to its thriving economic environment and flexible procedures that facilitate business establishment. Since opening a commercial register in Dubai is one of the basic steps to establishing a company or business, knowing the costs associated with this process is of utmost importance for investors. The costs associated with opening a commercial register in Dubai vary and depend on several factors such as the type of business activity, the location of the company, in addition to the type of business license required.
Cost of opening a commercial register in Dubai
When opening a commercial register in Dubai, investors have to pay various costs including government fees, costs of obtaining the necessary licenses, and sometimes the costs of setting up the office or commercial facilities. These costs vary depending on the type of business activity and sector, whether it is in a free zone or onshore. In addition, the costs of business-related equipment such as furnishing the office or purchasing the necessary equipment for work must be taken into account.
The cost also includes annual commercial register renewal fees, in addition to the costs of work and residence visas for investors and employees. Despite the variety of costs, Dubai offers many advantages to investors such as tax exemptions in some free zones, which contribute to reducing operating costs and increasing business profitability in the long term.
Depending on your business requirements and investment orientations, the costs associated with opening a commercial register in Dubai can be very reasonable compared to the emirate’s great investment opportunities and attractive business advantages.
Our company’s role in opening a commercial register in Dubai
Opening a commercial register in Dubai for Saudis is an important strategic step towards expanding businesses in a thriving economic environment open to global markets. Dubai offers diverse investment opportunities in various commercial sectors, making it an ideal destination for Saudi investors seeking expansion and growth. When opening a commercial register in Dubai, investors face a number of procedures and legal requirements that can be complex if they do not have sufficient experience in dealing with local systems. However, with the specialized support of companies such as Itqan, this process becomes simpler and easier. Itqan Company provides Saudi investors with the necessary legal and practical advice, and helps them pass all the procedures required by local authorities to obtain a commercial register without problems.
This company ensures that all documents and requirements are ready and under control to ensure that the investor obtains the necessary licenses quickly and efficiently. Moreover, Itqan provides support in choosing the appropriate business activities, determining the type of company, as well as successfully completing the commercial registration process. This support saves investors time and effort, enabling them to focus on developing and growing their businesses without worrying about complex legal procedures. Ultimately, opening a commercial register in Dubai for Saudis is an influential step towards success, and enhances the opportunities for expanding businesses in an Emirati market that is considered one of the most diverse and flexible markets in the region. By cooperating with Itqan, Saudi investors can achieve their business goals in a stimulating and safe environment.
Frequently asked questions about opening a commercial register in Dubai
What are the basic steps to open a commercial register in Dubai?
Opening a commercial register in Dubai requires determining the type of business activity, choosing a suitable trade name, submitting the required documents, and registering with the Department of Economic Development. Other steps may include choosing a location and applying for the necessary licenses.
Can Saudis open a company in Dubai without the need for a local agent?
Yes, Saudis can open a company in Dubai, whether in free zones or through limited liability companies (LLCs), without the need for a local agent if they have the appropriate license such as a license in free zones or if they intend to establish their company in areas that allow full foreign ownership.
What are the documents required to open a commercial register in Dubai?
The required documents usually include a passport, a copy of the residence (if available), an Emirates ID (if the resident is already in the UAE), an office lease contract (if relevant), and educational or professional qualification certificates related to the business activity.
What are the documents required to open a commercial register in Dubai?
Yes, a commercial register can be opened to practice multiple business activities provided that they are compliant with the requirements of the Department of Economic Development in Dubai. However, in some cases, you may need an additional license for other activities.
How much does it cost to open a commercial register in Dubai?
The cost of opening a commercial register varies depending on the type of business activity and location, in addition to the licensing fees. Some free zones offer low-cost options for investors.
Does opening a commercial register in Dubai for Saudi investors require residency in the UAE?
No, it is not necessary for a Saudi investor to be a resident in the UAE to open a commercial register. The commercial register can be opened by establishing a company in the free zones that do not require residency in the UAE.
Can a Saudi investor open a company in Dubai on his own?
Yes, a Saudi investor can open a company in Dubai on his own in the free zones or through the available options that grant full ownership to foreigners such as limited liability companies.
