The government agencies responsible for investment in the Emirates are considered one of the most important elements that contribute to enhancing the business environment and attracting national and international investments. These entities constitute the basic part of the infrastructure that provides support and guidance to investors and companies operating in the market. The importance of these entities lies in their support of the economic sector and its stimulation of sustained and sustainable growth. These entities work to provide the necessary services to investors, including providing the necessary advice, guidance and information about available investment opportunities, facilitating administrative and regulatory procedures, in addition to providing financial and financial support if necessary.

What are the government agencies responsible for investment in the UAE?

The government agencies responsible for investment in the Emirates are represented by the Emirates Investment Authority, as it provides many services that help in the prosperity of economic growth for investors who wish to put their money in various aspects of investment in the Emirates. We explain in this article, through the Emirates Investment Authority, the costs of investing in… Dubai and how to reside in Dubai, various ways, provides the most important tips for a successful investment, and the Investment Authority presents the best areas for investment.

What is meant by the Investment Authority?

What is meant by the Investment Authority is that they are organizations through which you choose a field in which to place your money and make it a source of your investments, so that the field you select has the least amount of potential loss compared to other investment bodies, and although the market in the Emirates is an open and multiple market in terms of investment bodies, it is not It is easy to choose the right field that is backed by the right investment body.

Dubai Investment Authority:

We will identify for you the best fields offered by the government agencies responsible for investment in the Emirates and the Dubai Investment Authority, which are the most profitable in them, through a detailed presentation of the most traded fields in the Emirates in general and in Dubai in particular, and among these bodies are:

ETFS:

It is one of the important funds that the Emirates Investment Authority relies on and is listed on the stock exchange. The demand for it is increasing greatly because it is easy to deal with and also does not require large capital. This authority joins another investment body, which is the Joint Investment Authority, as it offers its investments, but without… To appear directly, which is a profitable way to enter the Emirati market, because it offers a pressure-free and integrated type of investment, and you can invest in it in many ways, because the one who manages it is a highly professional person with great knowledge of the optimal options for investing money in the Emirates. As it is available to small capitalists to invest in it, unlike many other investments in the financial markets in the Emirates, it also allows the small investor many opportunities optionally in any sector he wants to invest in, and you will never have to take risks because the director of the Fundamental Investment Authority selects the investments. Always winning.

Digital Currency Investment Authority:

It is one of the modern fields that raises controversy among your choices regarding the best field for investment, as it is a field that is not governed by a specific law and does not fall under any laws for financial transactions. The investor in this field must be prepared for loss in the event that he does not have sufficient experience in the field. Despite this, investment Digital currency has achieved great global spread, and some countries are also keen to create a special exchange in the field of digital currencies, including the Emirates, as it has in a short time reached high positions in this field, achieving fabulous gains through the clear progress in the Emirati economy.

Real Estate Investment Authority:

This distinguished field is considered one of the best areas for investment in Dubai, given the tremendous development in the rate of construction of new buildings in the country. Also, the UAE has recently achieved a major breakthrough in this field, and there are many examples of this success, such as Dubai Silicon Oasis, which was considered… From a very short period of time, it was just a barren desert, to now, thanks to urban expansion and the support of the Dubai Investment Authority, it has become a huge and prosperous residential complex, full of modern and wonderfully designed buildings. It is smart to invest in real estate, as the total amount of rent in the Emirates is sufficient for them to obtain a residential piece of ownership that you can rent and benefit from. This includes purchasing a new plot, converting rent into regular income, or starting a commercial project on the plot.

Procedures for establishing a company in Dubai

In order to invest in Dubai, you must follow some procedures for establishing a company in Dubai, which are:

Choosing the activity: It is the first step in the procedures for establishing a company. You must begin by determining what is the appropriate activity, and this will be determined by the place where you will create the broad base from which you will choose from all economic fields, professional, commercial, and industrial, the appropriate field for you.

•     Commercial registration: This is the second step of the conditions for establishing a company in Dubai, and it is linked to the first stage. The trade name in establishing companies is what distinguishes them commercially from other companies in the same field as yours. There are some conditions in order to obtain the approval of the Department of Economic Development for commercial registration, which are:

1.       The trade name you choose must not violate public taste and must not contain inappropriate phrases or words.
2.       The legal form of the company must be linked to the trade name.
3.       The company name must not be registered by another company.
4.       Also, the trade name must reflect the product or activity it offers.
5.       The trade name must be free of the word “God,” “the Lord,” or any of the most beautiful names of God.
6.      The trade name must not include any name of government institutions or political slogans.

•    Initial approval must be obtained: This is the third step in the conditions for establishing a company in Dubai after specifying the activity, commercial registration, and choosing the name of the activity, and before initial approval, you must obtain the approval of the General Directorate of Residency and Foreigners Affairs.
•     Choosing the company’s headquarters: All companies located in the UAE must have a fixed address in the Emirates, whether it is in the free zone in Dubai, such as Jebel Ali, or outside it. You will be required to provide a lease contract certified by the Dubai Real Estate Investment Authority, and you can add a license to your activity. current, taking into account the following conditions:

1.   The partner in the new company must be one of the shareholders or owners of the already existing company.
2.   The number of licenses owned by one citizen shall not exceed 10 licenses for the same location.
3.   The area of ​​each license site must not be less than 200 square feet.

•     Obtaining approvals from government agencies responsible for investment in the Emirates, such as the Emirates Investment Authority, the Legal Advisory Authority, and insurance and transportation activities.

Investment laws in the UAE

Investment laws in the UAE are characterized by transparency and flexibility, and provide an attractive investment environment for local and international investors alike. Some important laws and regulations in the UAE include:

• Corporate Law: Specifies the conditions for establishing and organizing companies, including different types of companies such as local companies, free zones, and foreign companies.
• Foreign Investment Law: Specifies the rules and regulations related to foreigners’ ownership of assets and companies in the Emirates, and provides protection for the rights of foreign investors.
• Tax Laws: There are tax laws in the UAE that include value added tax (VAT) and corporate tax, which require full compliance by companies and investors.
• Intellectual Property Laws: Protect innovation, innovation, and business by protecting intellectual property rights such as patents, copyrights, and trademarks.
• Labor laws: regulate working conditions and labor relations including wages, working hours, health and safety.

The main economic sectors that provide investment opportunities in the UAE

The UAE provides various investment opportunities in several major economic sectors, including:

1. Oil and Gas: The UAE is a major producer of oil and gas, providing investment opportunities in developing and exploring petroleum resources and developing its infrastructure.
2. Real estate and construction: The UAE is witnessing significant growth in the real estate and construction sector, and provides investment opportunities in developing residential, commercial and tourism projects.
3. Tourism and Hospitality: Tourism and hospitality are considered one of the vital sectors in the Emirates, as they offer investment opportunities in hotels, tourist resorts, and entertainment services.
4. Technology and Innovation: The UAE seeks to strengthen the technology and innovation sector by providing an encouraging environment for startups and large technology companies.
5. Education and Training: The education and training sector is one of the most important investment sectors in the UAE, with a growing demand for high-quality education and vocational training.
6. Manufacturing industries: The UAE provides a strong industrial structure that includes many manufacturing industries, such as food industries and heavy industrial industries.

What is the cost of establishing companies in Dubai?

The cost of establishing companies in Dubai is calculated by conducting a feasibility study for any specific project. Depending on the type of activity or field that you have chosen, the Dubai Investment Authority determines the costs of establishing companies, and also according to the extent of expansion in the field, as the costs differ if the projects are small in stores. Commercial and the like, and indicate whether the idea of ​​investment is to establish a factory or a company. Also, you can, with small amounts, invest in Dubai by contributing to investment bodies already established.

The cost of setting up a company in Dubai can vary greatly based on several factors, including the type and size of the company, the type of business license required, the support services required, and other factors. However, here are some points that may affect the cost of setting up companies in Dubai:

1. Type of company: Whether it is a sole proprietorship, a limited liability company, or a joint stock company, the cost of establishing each type of company may differ.
2. Core Capital: There can be core capital requirements for some types of businesses, which can affect the cost.
3. Government fees: These fees include company registration fees and licensing fees, which must be paid to local authorities.
4. Consulting and legal services: You may need consulting or legal services to assist you in the company establishment process, and this may add additional costs.
5. Real estate costs: If you need office or commercial space, you will need to pay for rent or insurance.
6. Labor costs: You may need to hire employees or pay employees, which may result in additional costs.