Many Saudis want to establish an economic entity in Dubai, but a commercial register must be opened in Dubai for Saudis, so that you can engage in commercial activity in Dubai, but you must know that the methods of establishment are different in different regions. It is assumed that Dubai is now embracing the idea of ​​establishing companies in it easier and faster than ever before in order to help those who wish to expand their activity and business. Dubai is considered one of the most important countries that many investors seek to establish businesses and companies there, because of its advantages in terms of its many fields of work, whether industrial or commercial. Therefore, it is considered one of the most important current economic countries. If you want to establish an economic facility, you must first Knowing how to establish businesses in Dubai, and how to open a commercial register in Dubai for Saudis.

Ways to establish a business within Dubai

You must determine the nature of the activity, and this is the first step to establishing your entity within Dubai, specifying the type of activity you want to engage in, in addition to identifying the parties responsible for the activity. In addition to the permissible legal form, along with the classification of the nature of the economic activity whether it is professional, commercial, or industrial. The choice of activity depends on the type of establishment of the company itself. Here are the steps in detail:

• Determine the type of economic activity of the company.
• Identifying the parties involved in the partnership, knowing the percentage of capital and the percentage of losses and profits for the partners, and indicating the legal form of the company.
• Choosing and reserving the trade name for the activity is as follows: Reserve a new trade name and use an automatic trade name – you can use the reservation number as a trade name temporarily.
• The customer must apply for the initial approval certificate.
• Preparing the incorporation document and service agent agreement.
• The customer must choose the company’s location in addition to documenting the lease contract, and submitting the initial approval certificate to the service centers along with the papers and documents required by the Real Estate Regulatory Authority.

After obtaining the certified lease contract document, provided that the area of ​​the site is not less than 100 square metres, it is submitted to the Department of Economic Development to complete the procedures for issuing the license. The client must obtain approvals from the authorities regulating the economic activity. Receiving the commercial license.

Basic steps to open a commercial register in Dubai for Saudis

Dubai is one of the most prominent economic and commercial centers in the region, as it provides a suitable investment environment and multiple opportunities for those wishing to open their businesses there, including Saudi businessmen. This guide aims to clarify the basic steps for opening a commercial register in Dubai for Saudis and provide the necessary information to simplify this process.

Basic steps to open a commercial register in Dubai for Saudis:

1. Determine the business activity: The Saudi investor must determine the type of business activity he wishes to practice in Dubai, whether commercial, industrial, or services, and ensure the availability of the necessary licenses for this activity.
2. Choosing the legal form of the company: Saudis can choose a company form appropriate for their business activity, such as a sole proprietorship, limited liability company, or joint stock company, according to their needs and the requirements of local laws.
3. Company name: The investor must select an appropriate name that does not violate UAE laws, and ensure that it is available and not similar to the names of other registered companies.
4. Preparing legal documents : The investor must prepare the necessary documents such as articles of incorporation, tax forms, authorization of a local law firm (if necessary), and other required documents.
5. Submitting the application and paying the fees: After preparing the documents, the investor must submit an application to open the commercial register to the competent authorities in Dubai and pay the fees required for registration.
6. Receiving the commercial license: After reviewing the application and documents, and paying the required fees, the commercial license is issued, which enables the investor to start working in Dubai.
7. Registration with other government agencies: The registered company may need to register with other government agencies such as the Tax and Social Insurance Department, depending on the type and activity of the business.

Saudis must familiarize themselves with the laws and regulations for opening a business in Dubai and ensure compliance with all legal requirements and procedures. Consulting Etqan Company can be helpful to simplify this process and guide Saudis through all the necessary steps.

Necessary requirements to open a commercial register in Dubai for Saudis

To open a commercial register in Dubai for Saudi investors, you must follow specific procedures and meet some necessary requirements. Here’s an overview of the steps and requirements:

•  Eligibility Verification: Verify that you meet the necessary conditions to obtain a business license in Dubai.
• Selection of business activity: Determine the company’s activity precisely, as it must be compatible with local regulations.
• Choosing the type of company: Determine the type of company, whether it is an individual company, a joint stock company, or a limited liability company.
•  Submit an application to the Department of Economic Development (DED): Submit an application for a business license from the Department of Economic Development in Dubai.
•  Determine the business name: Choose a name for the company and verify its availability and acceptance by DED.
•  Preparing the required documents: Submitting the required documents such as a copy of the identity card or passport, personal photos, and a commercial license application form.
•  Health Insurance: Commitment to health insurance for employees and shareholders.
• Submitting a visa application: If a visa is needed for managers or employees, an application must be submitted to obtain it.
• Adherence to legal regulations: Adhere to all local regulations and laws regarding opening companies in Dubai.
•  Opening a bank account: Opening a bank account for the company in a local bank.
•  Compliance with tax procedures: Registration with the Federal Tax Authority and compliance with tax procedures.

 Itqan Company helps you take the necessary steps towards success, and you will find that it provides you with all the marketing services that help you in the success of your business.

Legal and financial procedures for opening a commercial register in Dubai for Saudis

The legal and financial procedures for opening a commercial register in Dubai for Saudis include several steps that must be followed carefully. Here’s an overview of the basic procedures:

1. Determine the work activity: Saudis must determine the work activity they wish to practice, and ensure that the necessary licenses for that activity are available in Dubai.
2. Choosing the legal form of the company: Saudi investors can choose a company form suitable for their activity, such as a sole proprietorship, a limited liability company, or a joint-stock company.
3. Choosing a trade name: You must choose an appropriate name that does not violate UAE laws, and ensure that it is available and not similar to the names of other registered companies.
4. Preparing legal documents: This includes preparing the articles of incorporation, tax forms, partnership contracts (if necessary), and other required documents.
   Submitting the application and paying the fees: After preparing the documents, you must submit an application to open the commercial register to the competent authorities in Dubai and pay the fees required for registration.
5. Receiving the commercial license: After reviewing the application and documents, and paying the required fees, the commercial license is issued that enables you to start working in Dubai.
6. Registration with other government agencies (if necessary): The registered company may need to register with other government agencies such as the Tax and Social Insurance Department depending on the type and activity of the business.
7. Insurance and bank accounts: The company must carry out the necessary insurances and open a commercial bank account in an approved local bank.
8. Compliance with labor legislation: The company must adhere to all labor legislation and laws in Dubai, including working under official employment contracts and providing incentives and benefits to employees.

These basic steps summarize the main legal and financial procedures that Saudis must take to open a commercial register in Dubai, and it is always preferable to obtain advice from Itqan Company to ensure compliance with all local laws and regulations.

Advantages of opening a commercial register in Dubai for Saudis

Opening a commercial register in Dubai for Saudis could be an important step for expansion in the UAE markets. Here are some advantages that Saudi companies may benefit from when opening a commercial register in Dubai:

1. Full ownership: In some sectors, 100% foreign ownership is allowed, which gives Saudis the opportunity to fully control their business operations.
2. Access to an international market: Dubai is a gateway to access an international market due to its strategic location and advanced infrastructure.
3. Attractive business climate: Dubai has an attractive business environment and an encouraging investment climate that supports new companies.
4. Customs facilities: Many free zones in Dubai offer customs facilities, which helps improve import and export operations.
5. Advanced infrastructure: Dubai is characterized by an advanced infrastructure that includes ports, airports, and logistics networks, which contributes to facilitating the flow of business.
6. Ease of management: Administrative and organizational processes are carried out easily and efficiently in Dubai, which facilitates business management.
7. Political and economic stability: Dubai enjoys political and economic stability, making it a favorable environment for investment.
8. Banking facilities: Access to advanced banking services and banking facilities to facilitate financial operations.
9. Diversity of economic sectors: The diversity of economic sectors in Dubai provides opportunities to explore a variety of businesses and industries.
10. Flexibility of legislation: Dubai has flexible legislation that helps speed up establishment and operation processes.

How can we help you open a commercial register in Dubai for Saudis?

When Saudi investors think about expanding their business and opening a commercial register in Dubai , they have to consider many legal, financial and administrative factors. Itqan Company provides comprehensive services that help Saudi investors know and successfully implement the necessary procedures to open a commercial registry in Dubai in a convenient and effective manner.

Itqan Company can help you in several aspects of opening a commercial register in Dubai for Saudis, including these services:

1. Legal Consultations: Itqan provides a team of lawyers and legal consultants with experience in UAE laws and regulations, and they can guide you and provide the necessary advice to ensure legal compliance during the process of opening the commercial registration.
2. Organization and planning: Itqan will help you organize and plan the process of opening the commercial register, from identifying the appropriate business activity and drafting the necessary documents to implementing the legal and financial procedures.
3. Administrative procedures: This service includes providing assistance in preparing the administrative documents required to open the commercial register, such as articles of incorporation, partnership forms, and more, in addition to guidance on the necessary administrative procedures.
4. Communication with government agencies: The Itqan team will communicate with the competent government agencies in Dubai to submit a request to open the commercial register and follow up on the necessary administrative and legal procedures until receiving the commercial license.
5. Financial Support: Itqan can provide assistance with financial planning for opening a commercial register, including advice on financing and investments necessary to start the business.
6. Follow-up procedures: After opening the commercial register, the Itqan team will follow up on the necessary procedures such as registration with other government agencies and implementing tax and legal obligations.
7. General Support: In addition, Itqan will provide general support and advice throughout the process of opening a commercial registration, and will be available to answer any questions or problems you encounter during this process.

These are some of the ways that Itqan Company can help you open a commercial register in Dubai as a Saudi investor. You can contact them directly for more information and details about their services and how to get started with the process.

Ultimately, opening a commercial registry in Dubai represents an important strategic step for Saudis seeking to exploit the investment opportunities available in the Emirates. In cooperation with Itqan Company, Saudi investors can benefit from comprehensive support and deep experience in the field of investment consulting and company establishment.

By providing the necessary guidance and providing legal, financial and administrative services, Itqan helps facilitate the process of opening a commercial registry in Dubai for Saudis and ensures full compliance with local laws and regulations.

In short, opening a commercial register in Dubai represents a great opportunity for Saudis to explore new markets and expand business. By using Itqan’s services, Saudi investors can make the most of these opportunities and achieve success in their investment journey in Dubai.

The most frequently asked questions about opening a cigarette registry in Dubai for Saudis