The cost of establishing a company in Dubai for Gulf nationals is considered an exciting opportunity for many Gulf businessmen who seek to benefit from the advanced business environment and broad economic opportunities provided by this global city. Dubai, thanks to its strategic location as a regional and global business hub, offers a variety of advantages that make it an ideal destination for establishing businesses. However, the process of establishing a company requires a deep understanding of local legal and administrative requirements that may be complex for those unfamiliar with the details. Here comes the role of Itqan Company, as it plays a vital role in facilitating the establishment process by providing specialized advice and full support.

Itqan Company provides comprehensive services that include every aspect of establishing a company in Dubai for Gulf citizens , starting from determining the most appropriate type of company according to business goals and activities, all the way to submitting the necessary documents and dealing with complex government procedures. In cooperation with Itqan Company, Gulf nationals can benefit from its extensive experience in the local market, which contributes to simplifying procedures and avoiding potential complications. Itqan Company provides the necessary support to facilitate the establishment process, ensuring that the company complies with all local laws and handles all details accurately. Thanks to this cooperation, Gulf businessmen can focus on developing their business strategies and growth, while Itqan efficiently manages the legal and administrative aspects. In the end, the cost of setting up a company in Dubai for Gulf nationals in cooperation with Itqan Company ensures a successful start and built on a strong foundation in one of the most promising markets in the world.

Basic requirements for establishing a company in Dubai for Gulf citizens

Establishing a company in Dubai represents an exciting opportunity for many Gulf businessmen who want to benefit from the distinguished business environment that this global city provides. Dubai, thanks to its strategic location as a global business hub, offers a variety of economic opportunities to investors. But to ensure a smooth and successful incorporation process, it is necessary for investors to be aware of the basic requirements that must be met. By providing specific documents and procedures, Gulf investors can speed up the incorporation process and ensure compliance with all local laws. In this article, we will address the basic requirements for establishing a company in Dubai for Gulf Arabs, while providing clear guidance on the documents and procedures necessary to achieve success in this process. Basic requirements for establishing a company in Dubai for Gulf nationals

Choose the type of company and business activity

• Company type: The legal form of the company must be determined, such as a limited liability company (LLC), a public joint stock company, or a sole proprietorship. The choice depends on the business objectives and requirements of the partners.
• Commercial activity: Determining the commercial activities that the company will undertake, which entails obtaining specific licenses that are appropriate to the type of activity.

Submitting passports

• Passports: Provide copies of the passports of all founders and key directors. Passports must be current and valid.

Preparing the lease contract

• Lease Contract: Obtaining a lease contract for the company’s headquarters. The contract must be valid and prove that the location is suitable for conducting business activity.

Preparing the articles of association and articles of association

• Articles of Association: Preparing and signing the articles of association or articles of association of the company. The contract must include details about the company’s legal structure, objectives and internal laws.

Types of companies that Gulf nationals can establish in Dubai

Establishing a company in Dubai represents an exciting opportunity for Gulf investors who want to benefit from the advanced business environment that this global city provides. Dubai is one of the most prominent business destinations in the world thanks to its advanced infrastructure, strategic location, and attractive tax advantages. But before starting the incorporation process, it is necessary to understand the types of companies that can be established in Dubai, as the type of company varies based on business objectives, activities, and legal requirements. Each type of company offers certain advantages that may suit investors’ needs differently. In this article, we will review the main types of companies that Gulf nationals can establish in Dubai, helping them make the appropriate decision based on their business needs and goals. Types of companies that Gulf nationals can establish in Dubai

Limited Liability Companies (LLC)

• Characteristics: Limited Liability Company is one of the most common types of companies in Dubai. This type of company allows liability to be shared between partners based on their equity shares. Gulf nationals can own 100% of the company’s shares if registered in free zones, but on the mainland a local partner is required to own 51% of the shares.
• Advantages: Provides protection to investors as their liability is limited to the amount of their capital contribution.

Public Joint Stock Companies (PJSC)

• Characteristics: Public joint-stock companies are a type of company whose shares are publicly traded on the market. This type requires a minimum amount of capital and may require regulatory approvals from the Securities and Commodities Authority.
• Advantages: Provides an opportunity to raise capital from the public, which helps in financing large projects.

Individual companies

• Characteristics: It can have only one owner, who bears full responsibility for all liabilities of the company. These companies are also known as wholly owned companies.
• Advantages: It is less complicated in administrative and financial procedures, making it an attractive option for individual investors.

Basic steps to establish a company in Dubai

Establishing a company in Dubai represents an important strategic step for many businessmen and investors seeking to benefit from the distinguished business environment in one of the most dynamic global cities. Dubai offers a wide range of economic opportunities thanks to its modern infrastructure, strategic location, and advanced legal system. However, the incorporation process can be a bit complicated due to the legal and administrative requirements that must be met. By understanding

Basic Steps to Establishing a Company in Dubai Investors can have a successful start and a less complicated experience. In this article, we will go over the basic steps that must be followed to establish a company in Dubai, which will help facilitate the process and achieve your business goals efficiently. Basic steps to establish a company in Dubai

Determine the type of company and commercial activity

• Choose the type: Determine the type of company you want to establish, such as a limited liability company (LLC), a public joint stock company, or a sole proprietorship. The type varies based on business goals and partner requirements.
• Determine the activity: Choosing the business activity that the company will undertake, as this affects the type of license required.

Choose a trade name

• Choosing a name: Choosing a distinctive trade name that reflects the company’s activity and is consistent with the laws of the Department of Economic Development or the relevant authority. Make sure the name is not previously registered and complies with naming requirements.

Preparing legal documents

• Preparing documents: Preparing the necessary documents such as the articles of association, articles of association, and lease contract for the company’s headquarters. Make sure all partners sign and documents are legally notarized.

Our company’s role in establishing a company in Dubai

Establishing a company in Dubai for Gulf nationals through cooperation with Itqan Company provides a golden opportunity to start a business project in one of the most advanced cities in the world. Thanks to Itqan’s extensive experience in dealing with legal and administrative procedures in Dubai, Gulf businessmen can focus on developing their strategies and growth without worrying about the complexities that may accompany the establishment process. Itqan Company provides comprehensive support that includes choosing the appropriate type of company, preparing the necessary documents, and providing guidance on all requirements of government agencies.

This cooperation contributes to accelerating the establishment process and simplifying procedures, making starting in the Dubai market easier and less complicated. By relying on Itqan’s expertise, Gulf nationals can ensure full compliance with local laws and avoid any legal problems that may arise. Itqan also provides valuable advice that helps in making the right decisions regarding the company’s legal structure and commercial activities. Ultimately, collaborating with Itqan not only facilitates the establishment process, but also enhances the opportunities for success and growth in the growing market in Dubai. Thanks to this integrated support, Gulf businessmen can enjoy starting their business project with reassurance and confidence, knowing that all legal and administrative aspects are managed efficiently and professionally. Establishing a company in Dubai in cooperation with Itqan ensures a strong and reliable foundation for success in one of the fastest growing markets in the world.

Frequently asked questions about establishing a company in Dubai