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Opening a company in Dubai for foreigners

تأسيس شركة في المنطقة الحرة بمدينة الاستوديوهات بدبي

١٦ يناير Opening a company in Dubai for foreigners

The United Arab Emirates is considered one of the best places to make foreign investments because most of its population, in addition to its distinguished location, are foreigners and provide many resources that make it a destination for starting business activities in it and increasing that climate as the climate has a promotion from the work environment resulting from the stability in the political atmosphere of the country, the United Arab Emirates is working to create a rich investment environment at the regional and international levels, according to the World Bank activity report. In this report, the leaders of the United Arab Emirates countries in terms of ease of doing business and at the global level. The United Arab Emirates is ranked 11th worldwide, so many foreigners have attracted the United Arab Emirates and intend to start business activities in the United Arab Emirates. This requires opening a business project in the United Arab Emirates, and our company works to provide many business establishment, training and equipment services so that everyone owns their business with maximum ease and minimum effort. 

Steps to open a company in Dubai for foreigners

There are many steps required to open a company in Dubai for foreigners, the most important of which are:

1- Determine the type of investment or project 

So, by identifying the type of investment and the project you want to work with, you can know what type of license you need, whether it is a professional, commercial or industrial license. These are the things that determine some of the necessary basics, but there are some things to keep in mind when determining the type of investment, as there are some activities that require additional approval from other government agencies, such as food trade, jewelry trade, some veterinary activities and legal advice. Otherwise, there is a list of 2,100 activities in the Dubai Department of Economic Development that will help you find the activity you want. 

2- Ownership 

If you are a foreign investor and you want to own the company 100%, you must establish your company in one of the free zones, as it is the only one that allows foreigners to own companies completely without the need for a partner or a sponsor from the Emirates. There are some specific activities that you can do in the free zone, and there are about 45 free zones in the Emirates, in addition to more zones that will be opened.

However, if you need to work locally and obtain local licenses, you can obtain a license from the Department of Economic Development. 

3-Legal structure 

It depends on your location and the type of work you do. There are some rules regarding the formation of your company. If you want to establish a legal consulting company, you can do so as a subsidiary or as a stand-alone company. A single owner is not allowed to practice this activity.

4- Trade name 

It is one of the most important things when working on establishing a company. It is an important part of the legal procedures, as the name must indicate the nature of the company’s work, and this is what distinguishes one company from another. 

5- Capital share 

Sometimes, and with some activities, a minimum capital is determined, but in most cases, you do not need this step and you do not need to pay the minimum capital.

6- Buildings 

After all these steps, which are the most important steps, it is necessary to find a suitable place to establish the company. This place must have water and internet and must be accessible by means of transportation, as the geographical location of the places plays an important role in influencing the success of the company. 

7-Work team 

Sometimes, according to some laws of the Ministry of Economic Development, you need to appoint a manager to supervise the work and start working as soon as your company is registered, but in some activities you are not allowed to employ anyone, and this is according to the laws of the region in which you work.

Economy in Dubai

Dubai has been a pioneer in tourism, trade and shopping. There are many reasons for this, including the discovery of oil in Dubai and the fact that it has become one of the most important sources, which has led to it becoming one of the richest countries and attracting many foreigners, as Dubai has an environment that promotes business creation due to the calm political environment. In addition to its geographical location, with some laws that promote startups, Dubai has enacted two tax-free laws that encourage many to encourage new jobs in the country. 

Best company for company formation

There are many companies that work to help investors build their businesses by establishing their own offices and businesses, but our company is the best company to do the job because it wants to help its clients and work for their services. Construction until the completion of the establishment process and then seeks to complete all the papers and permits required by the relevant governments. Also try to get the business license you need to start your business and help you design your company’s websites and get e-marketing services that increase your sales, all to save time and effort for customers, so if you are one of those who want a new business, do not hesitate to use our company in Dubai or free trade zones, because it is the best company to start a business and benefit from its services. Send messages through the website or call the current number.