Have you felt that the time has come to create your own project? You will only find Tasyeir company that will show you the ways to establish a company in Dubai for foreigners in order to achieve your ambition and start managing your business. You can now take the first steps with steadfastness and determination by establishing your own company in the field that you are skilled in. And you will be able to carry out any industrial, commercial or professional activity easily. Tasyeir removes the difficulties and potential obstacles and enables you to establish your company in a short time and with great proficiency, through the use of a distinguished and professional work staff who provides you and your company with all means of support and explains to you all the steps to establish your company.
Ways to establish a company in Dubai for foreigners
Knowing the ways to establish a company in Dubai for foreigners is one of the first steps to starting your own business. And achieving your ambition to manage the business in the field you desire.
Because Dubai become the largest and most attractive city for investors and entrepreneurs.
You can easily engage in any commercial or industrial activity by hiring Tasyeir company.
It also explains to you all the things you need in detail. And it is worth noting that there are some methods and steps necessary to open a company in Dubai, which are:
First step: Determine the type of investment
Determine the type of project you want to practice and start working on it.
So you know what type of licenses you need, whether professional, industrial or commercial.
These things will determine some of the necessary foundations and rules for you, but some things must take into account when determining the type of investment.
Because there are several activities that require additional approvals from the relevant authorities.
Second step: Determine ownership
If you are a foreign investor and want to own your new company 100%.
You can do this by establishing a company in one of the free zones in Dubai. And thus you will not need a partner or a local sponsor.
If you need to work locally, you can obtain the necessary permits through the Department of Economic Development.
Third step: The legal structure for establishing a company in Dubai for foreigners
This depends on the company’s location and the type of activity it carries out. If you want to establish a legal consulting company, you can do this either as a subsidiary or stand-alone company.
Four step: Commercial name
It is one of the most important ways to establish a company in Dubai for foreigners because choosing a name for the company is part of the legal procedures.
Therefore, it is necessary to consider specifying a name that indicates the nature of the company’s field or work.
Five step: Capital
Sometimes and in some activities, the minimum and maximum capital required to establish a company in Dubai must be determined.
But most of the time you will not need this step because the costs will not exceed the specified minimum amount.
Step Six: Buildings
After doing all the methods of establishing a company in Dubai for foreigners, the buildings are the most important steps.
You must find the appropriate location to establish your business. And this location must have water, an Internet network, and means of transportation.
It is known that geographical location plays an important role in the success of the company.
Seventh step: the work team
According to the UAE Ministry of Economic Development regulations, you need to appoint a manager to supervise and initiate the work after the company commercial register.
But there are some other activities that do not allow you to hire anyone unless you register and complete all the steps.
Conditions for establishing a company in Dubai for foreigners
Knowing the conditions is part of the ways to establish a company in Dubai for foreigners, as Dubai has in a short time become a destination for all investors and entrepreneurs.
Because of the exceptional privileges it provides that support various industrial, commercial and service activities.
However, the regulations for establishing a commercial company in Dubai require a set of legal conditions to regulate the investment process, and for all parties to guarantee their rights.
The Department of Economic Development in Dubai and all competent authorities have stipulated that the conditions for establishing a company in Dubai for foreigners are as follows:
- Choose an appropriate commercial name that expresses your company’s activity. And this does not contain extraneous expressions or a name similar to another company or government entity.
- You must also have a UAE work visa, in order to start investing and establishing a company in Dubai.
- It is necessary to obtain a commercial license according to the nature of your activity. And this is done after paying all fees related to the license and registration at the Chamber of Commerce.
- All documents, documents and legal procedures required to establish a business and invest in Dubai must be completed.
- Determine the appropriate location to establish the company, and the area must be appropriate to the nature of the activity
The cost of establishing a company in Dubai for foreigners
The cost of establishing a commercial company in Dubai for foreigners depends on a group of factors according to the nature of the activity that the investor chooses to establish his company. As well as these factors change constantly according to the following:
- The costs of the location where your company is located, and this varies according to the chosen area. And whether the company’s headquarters is rented or purchased.
- As well as, fees for obtaining a commercial register.
- Costs of issuing temporary and permanent commercial license.
- As well as, accommodation fees and sponsorship costs for expatriate employees.
- The cost of purchasing company supplies, whether decorations, furniture, or other important tools.
How can Tasyeir company help you?
After you learned about the ways to establish a company in Dubai for foreigners. You can now start your work by seeking the assistance of Tasyeir Company team, which provides you and your company with the necessary support by clarifying the steps for establishing a company, starting from determining the activity of the organization to choosing the commercial name and issuing security permits. All you have to do is determine the appropriate time to meet with the best team of experts to discuss with them the details of the activity you wish to open. Then submit the documents and personal documents. And Tasyeir Company will, on your behalf, complete the steps with all the concerned authorities and various institutions, until you obtain a license to practice your business in Dubai. And it is worth noting, the period required to obtain a business license is related to the type of activity that the investor wishes to practice, to advantages of opening a company in Dubai.
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