Many investors in the Arab world are busy knowing the most important steps and costs of establishing a company in Dubai for Gulf citizens. Thus, if you are one of the entrepreneurs and investors who want to establish a company without facing any sudden dilemmas and problems, we advise you to seek help from Tasyeir company. That provides you with all the information and all the facilities to establish your company and start earning profits, and it is worth noting. That Dubai is one of the cities that has a large number of residents and expatriates, whether at the level of the Arab world or the global level. And this is due to many reasons, including the presence of facilities provided by the Emirate of Dubai that made it more and the Emirates that welcomes Gulf citizens and foreigners.
Steps and costs of establishing a company in Dubai for Gulf citizens
- The first step: is to determine the commercial activity of your company. As well as, the nature of the field that the investor wishes to practice.
- Second step: Completing the paperwork procedures, where all the necessary papers and documents must be prepared to obtain a license for the company.
- Third step: Submit the license application after completing the required documents. You can submit the application for a commercial license through Tasyeir company, which helps you a lot in this matter.
- Fourth step: Obtaining investor residency in Dubai. This is done through the assistance of Tasyeir company.
- Fifth step: Opening a bank account for the company, which is one of the basic conditions for you to be able to work in Dubai. And get commercial register.
Costs of establishing a company in Dubai for Gulf nationals
The costs of establishing a company in Dubai for Gulf citizens can be determined according to the nature of the activity carried out by the investor.
In addition to the size of the company and the specified capital.
This is determined according to the following:
- The price of the company’s establishment location.
- As well as, commercial license fees.
- Payment of the company’s supplies, such as furniture, tools, etc.
- As well as, fees for creating a study to determine staff costs and labor volume.
- Work permit fees, depending on the nature of the commercial activity in question. And it is worth noting that industrial activity is the highest cost activity.
You can use a specialized company to provide company establishment facilities, such as Tasyeir Company, which has been able to attract the admiration of many clients in a short time.
Conditions for establishing a company in Dubai for Gulf citizens
There are some basic conditions and standards that must be taken into account when establishing a company in Dubai for Gulf nationals.
Knowing that these conditions vary according to the type of company.
And the type of business activity that the investor wishes to practice:
- Local partner:
This applies to local companies that require the presence of a partner who has a percentage share in the company.
- An office location for the company:
It is required to provide an address for the company, by renting a ready-made building or purchasing a place for establishment.
- Determine the business activity:
You must choose your business activity and issue the necessary license to practice this activity.
- Compliance with regulations and laws:
All local regulations in Dubai must be well adhered to.
- Submitting the necessary documents and papers to the concerned authorities and passing the examinations.
- Work permit:
establishing a company in Dubai requires issuing work permits for all employees of the company.
Papers necessary to establish a company in Dubai for Gulf citizens
In order for you to establish a company in Dubai for Gulf nationals.
You must obtain a commercial license, which proves that you have obtained approval.
The license is obtained by submitting some documents to the concerned authorities, which are:
- Fill out the company establishment application form, adding the name in Arabic and English.
- As well as, colored personal photos of the investor.
- As well as, a copy of the company’s lease contract or address.
- Prepare the papers proving that you have obtained initial approval to establish the company.
- As well as, pay the fees for obtaining a commercial license .
Advantages of establishing a company in Dubai for Gulf citizens
Dubai is one of the most attractive cities for individuals from around the world, whether to live, invest, or work.
The advantages of knowing the steps and costs of establishing a company in Dubai for Gulf Arabs to start with all the money are many, including:
Strong infrastructure
Dubai provides investors with electronic services, including digital infrastructure.
And other benefits represented by a low rate of tax burden.
There are also areas that do not impose any fees on import or export.
And do not place any loans on the ownership of foreign investors.
High international market
If you are one of the owners of startup companies seeking growth or any investor who wants to expand the business.
The city of Dubai is one of the best places in the world.
Because it serves as a commercial gateway between the East and the West.
It is filled with a large number of entrepreneurs, tourists and investors, and it is also the most important center in the world.
As well as, this makes it a huge international market.
Safe environment for investment
Dubai is considered one of the most independent cities in economic, social and political terms.
The government is also interested in promoting economic growth and its sustainability.
And this is clearly demonstrated in setting regulations and systems and creating legal reforms on an ongoing basis that support investment.
Tasyeir company is your ideal choice for establishing a company
The steps and costs of establishing a company in Dubai for Gulf Arabs will no longer be considered a complex process that takes a lot of time and multiple procedures. Rather, Tasyeir Company has made a lot easier for investors and entrepreneurs and made the process of establishing companies easy. It is also distinguished by its credibility and security and provides you with the most qualified employees to work, to get advantages of opening a company in Dubai.
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