Gulf nationals get many privileges and opportunities when opening a company in Dubai for Saudis, as the UAE has become one of the most important investment destinations in recent times, and indeed many investors and business owners from various fields have turned to it, as a result of its distinguished infrastructure in addition to the multiple facilities in steps. Establishing companies and others, so through this article we will explain to you how to establish using the services of a leading Tasyeir business company in this field.
Opening a company in Dubai for Saudis
The UAE opens the door to investors from all over the world. Offering them many facilities and advantages that no other country can compete with. Therefore, many people are looking for steps to open a company in Dubai for Saudis, which can be summarized in several points.
But of course the procedures for establishing a company differ from one type of activity to another. But there are some general steps that are consistent in all types and they are as follows:
- First, you must determine the commercial activity that you would like to practice through your company. But you must ensure that it is one of the activities permitted within the country.
- You must also choose a commercial name for the company, making sure that it is not similar to any other trademark. And it must be compatible with the conditions set by the competent authorities.
- In addition to providing proof of the actual existence of the company, such as a lease or ownership contract.
- In addition to submitting the required documents to the Department of Economic Development. And obtaining initial approval to ensure the possibility of establishing this type of company before completing the required steps.
- All required permits and licenses must obtain from the competent authorities such as the Ministry of Economy, Dubai Municipality, and others.
- In addition to the importance of opening a bank account for the company in one of the local banks in the Emirate of Dubai, with the appropriate capital for the company.
If you want to complete these steps in the fastest possible way, then you must seek the help of a distinguished Tasyeir business company in this field. As you cannot obtain a commercial license except after completing these steps.
What are the types of companies in Dubai?
From the above, we have explained to you how opening a company in Dubai for Saudis with the help of Tasyeir business company, which provides you with many services that help the success of the business. In addition to that, we must mention the types of companies available that can establish in the Emirates. So that you can choose the appropriate legal form for you, including the following:
Simple recommendation company
This type of company consists of one or more joint partners. In addition to one or more limited partners, who is not responsible for anything in the company except the amount of his share of the capital only.
Solidarity Company
It is a company that includes two or more partners, all of whom are joint partners, meaning they are responsible for all of the company’s obligations.
Public joint stock company
It is a company owned by five or more people, and each partner is only responsible for his share of capital.
Private joint stock company
This type of company established by two or more people.
Conditions for opening a commercial register in the Emirates for Gulf citizens
There are some conditions that must meet when opening a company in Dubai for Saudis. In accordance with the laws set by the Department of Economic Development and other concerned parties in this matter. And the most important of these conditions are the following:
- You must obtain a permit that allows you to start working in the activity you have chosen.
- The company owner must also determine its legal structure, by choosing from among the available options. Such as a limited liability company, a sole proprietorship, a branch of another company, and others.
- In addition to appointing a work team at the company’s proven headquarters.
- In addition to the availability of the required capital, according to the company’s activity and its legal form.
- As well as, the company founder must only have one business license.
- In addition to paying all financial costs and fees related to establishing the company.
Tasyeir business company for a better future
We have explained to you the most important services that can be obtained when dealing with Tasyeir business company. As it helps you complete all the procedures and documents for opening a company in Dubai for Saudis in the easiest way possible. In addition to learning about the conditions for obtaining the commercial register, which is one of the most important steps of establishment and cannot be practiced.
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