Establishing a company in Dubai for Saudis is easy, and completing papers and licenses is now done in the shortest time and with easy steps without the need for long steps and procedures. Therefore, if you are looking for the requirements for establishing a company in Dubai for Saudis, in this article we will inform you of what you want.

Steps to establish a company in Dubai for Saudis

Establishing a company in Dubai for Saudis can be done in two ways: one is to apply through the Department of Economic Development and the other is through one of the authorities concerned with licensing companies.

There are more than 20 companies registration authorities in Dubai, depending on the type of company to be established and the area in which the company is to be established.

1. Determine the type of economic activity of the company

Determining the type of business the company is doing is important as it provides information about the type of customers, the nature of the market in which the company competes and the type of licensing that is appropriate.

2. Determine the legal form

Examples of company forms include: general partnership, public joint stock company, private joint stock company, limited liability company, etc.

3. Trade name registration

Choosing a trade name for the company and registering it as stipulated by the Department of Economic Development is an important step because the trade name is what distinguishes one company from another.

4. Get initial approval

Obtaining initial approval to start working in Dubai, which is obtained from the relevant authorities.

5. Choosing a workplace

Choosing a company headquarters, whether for rent or purchase, that has the necessary licenses. There are many offices available for rent or ownership in Dubai.

6. Establishing a company in Dubai for Saudis

Some activities require additional approvals from the relevant authorities.

7. Establishing a company in Dubai for Saudis

After completing all the previous steps, you will receive the commercial license and join the UAE Chamber of Commerce as a member. 

Residence and investment in Dubai

Residence and investment in Dubai are closely related to each other, as Dubai attracts investors and entrepreneurs to establish a company in Dubai for Saudis and establish projects on its land, which makes them reside there for a long time to start their businesses.

Residency and investment in Dubai means that foreigners can buy and invest in real estate according to a set of rules:

• The value of the property must not be less than one million dirhams.
• The property is fully constructed.
• Providing a monthly income of not less than 10 thousand dirhams for the investor who owns the property.
• Apply by submitting a visa application after paying the full price of the property.
• The investor must not suffer from any serious or contagious diseases.
• Documents required to apply: Passport copy and payment of fees.

For more information about establishing a company in Dubai for Saudis, do not hesitate to contact our work team.