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Opening a commercial register in Dubai for Saudis

٢٠ فبراير Opening a commercial register in Dubai for Saudis

Opening a commercial register in Dubai for Saudis, Opening a commercial register in Dubai is a strategic step for Saudi investors seeking to expand their businesses and benefit from the huge economic opportunities offered by the emirate. Dubai, as a global center for trade and business, provides a flexible and integrated investment environment that enables entrepreneurs to achieve their successes and expand their activities. Cooperating with specialized companies such as “Itqan” facilitates this process and ensures that investors follow the right steps to achieve their goals smoothly and effectively.

The market in Dubai is witnessing a great diversity in terms of available sectors and investment opportunities, ranging from general trade and industry to services and advanced technology. This diversity reflects an attractive economic environment that meets various investment ambitions. In addition, Dubai provides a modern infrastructure, a supportive legal system, and encouraging policies for foreign investors, including Saudis, making it a preferred destination for launching and growing businesses.

“Itqan” Company provides full support to Saudi investors wishing to open a commercial register in Dubai, by providing specialized consultations and professional services covering all stages of establishment. From choosing the right business activity, determining the legal form of the company, to completing the necessary procedures with government agencies, “Itqan” offers a comprehensive solution that meets all the needs of investors. Their experience in dealing with potential challenges helps save time and effort, allowing investors to focus on achieving their business visions.

Dubai not only provides a favorable environment for business, but it is also a gateway to regional and global markets, which doubles the chances of success and profitability. Therefore, opening a commercial register in Dubai is a promising step that opens new horizons for growth and expansion, especially with a reliable partner like “Itqan” to support every step of the way.

فتح سجل تجاري في دبي

Basic steps to open a commercial register in Dubai

Dubai is one of the most prominent investment destinations in the world, combining a competitive environment, advanced infrastructure, and a strategic location that connects global markets. Dubai provides investors with a flexible environment and a range of advantages that make it the first choice for starting a business. Opening a commercial register is the first step that lays the legal foundations for practicing commercial activities officially within the emirate. This process is easy and clear, giving investors the freedom to focus on growing their business without worrying about administrative complications.

Here are the basic steps you need to start your business journey in Dubai:

Basic steps:

Determine the business activity: Choose the business activity you want to practice, whether it is commercial, industrial, or service. The activity must be compatible with the list of approved activities in Dubai.
Choose a trade name: Choose a name that reflects the nature of your business, while adhering to the rules for trade names in Dubai, such as avoiding prohibited or offensive names.
Determine the legal form of the company: Choose the appropriate legal structure for your company, such as a limited liability company (LLC), a sole proprietorship, or a subsidiary company.
Get initial approval: Submit an application to obtain initial approval from the competent authorities, which confirms the possibility of starting the activity.
Provide the required documents: Collect the necessary documents, such as a copy of your passport, residence visa (if applicable), and the lease contract for the workplace.
Choose the company location: Rent an office or headquarters suitable for your activity and obtain a lease contract approved by the authorities.
Issuance of a commercial license: After completing all procedures and paying the fees, you will receive a commercial license that allows you to start practicing your activity legally.
By completing these steps, you will have laid the foundation for a successful business in Dubai, as the emirate provides an environment that encourages growth and prosperity.

Types of Business Activities That Can Be Registered in Dubai

Opening a commercial register in Dubai is a global hub for business and investment, offering a thriving business environment that supports various sectors and economic activities. Thanks to its strategic location and flexible laws, Dubai has become a preferred destination for investors seeking to establish businesses in a variety of fields. The emirate offers a wide range of options for registering business activities, allowing investors to choose the activity that aligns with their expertise and future goals. The available business activities vary based on the needs of the local and international market, with major classifications that facilitate the registration process and determine the most appropriate path for business.

Types of business activities:

Commercial activities: include general trade, retail and wholesale trade, export and import of products, e-commerce, and trade in consumer goods. These activities are considered among the most dynamic and diverse sectors in Dubai.

Industrial activities: cover manufacturing, production, assembly, and packaging. Industrial free zones such as Jebel Ali provide great facilities to support companies in this sector.

Service activities: include providing various services such as management consulting, logistics services, information technology services, and education and training services.
Tourism activities: include travel and tourism companies, event organization, car rental agencies, and services related to hotels and hospitality.

Agricultural activities: include agriculture, animal husbandry, and fishing, with a focus on sustainable solutions to meet market needs.

Professional activities: cover businesses that rely on skills and expertise such as law, engineering, accounting, and medical services.

Real estate activities: include real estate brokerage, property management, and real estate project development.
Through these various types of business activities, Dubai provides opportunities for investors to establish businesses that meet the requirements of local and international markets, and contribute to achieving their business ambitions in a thriving business environment.

Documents required to open a commercial register

Opening a commercial register in Dubai is an essential step towards establishing a business and launching in the thriving Dubai market. Dubai provides a flexible and supportive environment for investors, with easy procedures and clear conditions for registering commercial activities. The process of opening a commercial register requires submitting a set of official documents to ensure compliance with laws and regulations. This step comes within the framework of the emirate’s efforts to attract investments and enhance the economic environment characterized by transparency and credibility. Knowing the required documents and ensuring their availability enhances the speed and smoothness of the process of opening a commercial register.

Required documents:

A copy of the passport: A clear copy of the passport of the investor and partners (if any) must be provided.

A copy of the Emirates ID: For residents, a copy of the national ID card must be provided.

A copy of the residence visa: If the applicant is a resident of the UAE, a copy of the residence visa must be provided.

No-objection letter: For working residents, an official letter from the current employer is required proving no objection to opening a commercial register.
Choosing a trade name: A proposal for the business name must be submitted, ensuring that it complies with the rules for choosing trade names in Dubai.
License Application Form: Fill out the application form for obtaining a commercial license.
Brief Business Plan: For some activities, a summary of the nature of the business and the proposed activity is required.
Lease Contract: Submit a certified lease contract for the office or place where the business will be carried out.
Approval of the relevant authorities: For activities that require special approvals, the necessary documents must be submitted.
Accurately compiling the required documents ensures that the process of opening a commercial register is facilitated, helping investors start their businesses in one of the most dynamic markets in the world.

The benefits that investors get when opening a commercial register in Dubai

Dubai, with its strategic location in the heart of the world, has become a major destination for ambitious investors of various nationalities. The emirate offers a stimulating and innovative business environment, supported by an advanced infrastructure and a legal and economic system that enhances transparency and stability. Opening a commercial register in Dubai gives investors the opportunity to engage in one of the most vibrant markets in the world, with a wide range of benefits that make investing in it an attractive and safe option. Whether you are planning to establish a small business in Dubai or a large company, Dubai offers exceptional incentives and capabilities that contribute to the success of your projects.

Benefits for the investor:

Full business ownership: Foreign investors in many of Dubai’s free zones enjoy the ability to own their companies 100% without the need for a local partner.

Tax exemptions: Dubai offers comprehensive tax exemptions on corporate and individual income in many sectors, making it an ideal environment for business.

World-class infrastructure: Dubai features modern facilities including ports, airports, transportation networks, and communications, which support business operations smoothly.
Access to global markets: Dubai’s strategic location makes it a major gateway to regional and global markets, opening up opportunities for expansion and international trade.

Ease of business establishment: The procedures for establishing a business and opening a commercial register in Dubai are simplified and fast, saving time and effort for investors.

Economic and political stability: Dubai provides a safe and stable investment environment with laws that protect the rights of investors and ensure business sustainability.
Multiple options for business activities: A variety of business activities can be registered, giving the investor the freedom to choose the field that suits him.
Ease of obtaining residency: Opening a commercial register in Dubai gives the investor the opportunity to obtain a residency visa for him and his family, which enhances personal and professional stability.

Continuous government support: Dubai provides ongoing support initiatives and programs for investors, including financing and advisory facilities.

These advantages make opening a commercial register in Dubai a smart investment step for investors seeking success in a global and supportive business environment.

Our company’s role in opening a commercial register in Dubai

Opening a commercial register in Dubai for Saudis represents a promising start to achieving their aspirations for expansion and growth in a thriving global economic environment. Dubai, with its strategic location and advanced infrastructure, offers unparalleled investment opportunities that make it a distinctive destination for aspiring entrepreneurs and investors. By cooperating with “Itqan” Company, Saudi investors can benefit from the company’s deep expertise and knowledge to facilitate all stages of establishing businesses in the emirate.

Dubai has a flexible legal and regulatory system that guarantees investors a safe and stable environment to develop their businesses. In addition, the emirate offers exceptional benefits such as tax exemptions and flexibility in transferring profits, which contribute significantly to enhancing investment returns. With multiple options of business activities and company types available, investors can choose the most suitable one to achieve their goals according to their ambitions and future strategies.

Itqan plays a vital role in facilitating the procedures for opening a commercial register, starting from providing advice on the necessary steps, through preparing the required documents, and obtaining official approvals from the competent authorities. This comprehensive support reduces complications and saves time and effort for investors, enabling them to focus on growing their businesses. In addition, Itqan’s expertise in providing innovative and specialized solutions makes the process of establishing a business an easy and hassle-free experience.

Dubai is not just an investment destination, but a platform that allows Saudi investors to launch into regional and global markets thanks to its location as a strategic gateway between the East and the West. In cooperation with Itqan, Saudi investors can achieve a strong and successful start to their businesses in Dubai, benefiting from the professional support and future vision provided by the company. Opening a commercial register in Dubai is not only an economic investment, but a step towards achieving financial stability and sustainable growth.

Frequently asked questions about opening a commercial register in Dubai

What is a commercial register?
The commercial register is the official document issued by the competent authorities in Dubai that proves the existence of a commercial activity legally, allowing business to be conducted in the emirate.

What are the basic steps to open a commercial register in Dubai?

The steps include choosing the business activity, determining the trade name, determining the type of company, obtaining initial approvals, providing the required documents, paying the fees, and receiving the license.

What types of business activities can be registered in Dubai?
You can register commercial, industrial, service, or professional activities. Options vary depending on the nature of the business and the investor’s goals.

What is the difference between opening a commercial register in the free zones and main Dubai?

The commercial register in the free zones allows 100% foreign ownership and provides extensive tax exemptions, while the commercial register in main Dubai requires a 51% local partner, with exceptions for some activities.

What documents are required to open a commercial register?
Documents include a copy of the passport, residence or visit visa, license application form, lease contract (if a headquarters is required), and approval from the competent authorities.

Are there tax exemptions when opening a commercial register in Dubai?
Yes, Dubai provides tax exemptions on income and profits for most activities, especially in the free zones.