Establishing a company in Dubai for Gulf nationals

The establishment of a company in Dubai for Gulf nationals is done through a registered agent who handles all legal procedures, starting from determining the nature of economic activity, passing through all procedures, until obtaining the trade license necessary to conduct business.
Therefore, if you are an investor and want to establish a company in Dubai for Gulf nationals, you can seek the help of our company, and we will provide an accurate economic feasibility study on the project and provide offices for rent at reasonable prices and a lot of services.
In this article, we discuss the steps to establish a company in Dubai for Gulf nationals. Types of commercial licenses in Dubai for Gulf nationals, Advantages of establishing a company in Dubai for Gulf nationals, Details of the immediate license in addition to several important points for each investor.
Advantages of establishing a company in Dubai for Gulf nationals
Establishing a company in Dubai for Gulf nationals provides many facilities and integrated services that support the investment process for the investor, save time and effort, and increase the percentage of profits. We offer you some of the advantages of establishing a company in Dubai for Gulf nationals:

• Full ownership of the company’s shares for the Gulf investor.
• Full disposition of the company’s capital and profits and the possibility of transferring them to the investor’s country.
• The possibility of working in more than one activity under the same trade license.
• The speed and ease of obtaining all documents and licenses necessary to establish the company.
• Tax exemption on company and personal income.
• The availability of electronic services to apply for a trade license and pay the required fees through several payment methods.

Types of commercial licenses to establish a company in Dubai for Gulf nationals
There are many types of commercial licenses in Dubai according to several factors, including the nature of the economic activity to be invested in, and each commercial license has its own fees to the exclusion of the other. In the following points, we offer you the most popular types of commercial licenses possible to establish a company in Dubai for Gulf nationals, As follows:

• General trading license It is responsible for granting licenses to a large number of commercial activities without obstacles or restrictions that impede the practice of commercial activity. It is an important license to establish a company in Dubai for Gulf nationals. You can contact us for more information about the general trading license.
• Commercial license It is one of the well-known types of commercial licenses to establish a company in Dubai for Gulf nationals, and it grants licenses to a specific number of commercial activities in Dubai for Gulf nationals, such as: Sales activities, import, export, distribution, etc., For more information on how to obtain a trade license, contact us.
• Professional business license It is one of the most popular types of licenses to establish a company in Dubai for Gulf nationals, and that license is responsible for allowing the practice of a specific set of activities and not allowing the practice of other types. These activities are subject to the necessary local licenses and permits. For more information about the professional trade license, contact us.
• A business operation license is a commercial license for establishing a company in Dubai for Gulf nationals. The license is granted to companies that require a lease or work contract in the free zone. For more information about the business operation license, contact our team now.
• The event organizing license is one of the well-known licenses to establish a company in Dubai for Gulf nationals. This license is responsible for authorizing parties, conferences, exhibitions and other large events. For more information about the license to organize events, contact our team now.

To establish a company in Dubai for the two Gulf states, you must obtain one of the types of commercial licenses according to the nature of your commercial activity. Do not think too much and communicate with our team, and we will take over the task of selecting and obtaining a trade license and dealing with government agencies to extract all documents and papers as quickly as possible and at the lowest costs.
What is an instant trade license?

• The instant license in Dubai is one of the most important facilities provided by the State of Dubai for investment and investors, in order to shorten the time required to obtain a commercial license to only one step. This is done by issuing a single exchange permit.
• There is one condition for issuing the immediate commercial license, which is that it is issued only once in the first year and starting from the second year to renew the license. The investor must submit all papers and documents related to the company to renew the license.
• The costs of issuing an immediate license to establish a company in Dubai for Gulf nationals amount to 3,000 AED.

Steps to obtaining a trade license
Establishing a company in Dubai for Gulf nationals is the same as all companies for other nationalities, which require steps and legal procedures that are carried out through the competent authorities in Dubai, such as the Department of Economic Development in Dubai. The process of establishing a company in Dubai for Gulf nationals includes the following steps:

1. Determine the nature of the company’s activity

The Gulf investor is required to specify an economic activity that represents the company, whether commercial, industrial, service, agricultural, tourism, or other different activities of companies in Dubai. Therefore, the most important and first step in establishing a company in Dubai for Gulf nationals is to determine the nature of the economic activity that represents the company to be established in Dubai.

1. Reserve and register the company’s trade name

What distinguishes a company from another company or a commercial license from another? The company’s trade name is what distinguishes one commercial license from another. Therefore, a trade name must be chosen that reflects the nature of the activity of the Gulf company to be established in Dubai.
The process of choosing a trade name includes a set of conditions as follows:

• The trade name should reflect the nature of the company’s activity.
• It should not contain the name of a government agency or include the word of God.
• It should not be similar to the name of another company.
• It should be followed by an abbreviation of the legal form of the company.

After choosing a trade name for the company in accordance with the conditions and regulations in Dubai, the trade name is registered. The authority responsible for registering a trade name in Dubai is the Department of Economic Development.

1. Determine the legal form of the company

It must match the company’s activity, as the legal form of the company determines the laws under which the company will operate in Dubai. There are many legal forms for companies as follows:

• Solidarity companies in Dubai.
• Simple Recommendation Companies.
• Limited liability companies.
• Public joint stock companies.
• Private joint stock companies.
• Commercial representation offices.
• Civil works companies.
• A branch of a local company.
• A branch of a foreign company.
• Free Zone Company Branch.
• Individual Foundation.
• holding company.

1. Obtaining the initial approval

One of the steps to establish a company in Dubai for Gulf nationals is to obtain the initial approval for the trade name, activity, and legal form.

1. Memorandum of Association and business agent agreement

Establishing a company in Dubai for Gulf nationals requires signing the Memorandum of Association and concluding a local service agent agreement for the company, according to the legal form of the company.

1. Choosing a business location for the company

To establish a company in Dubai for Gulf nationals, it is necessary to choose a place to work that has a real website documented by the Real Estate Regulatory Authority, and the headquarters can be rented or owned.

1. Obtaining additional approvals

Some activities require obtaining additional approvals in order to complete the procedures for establishing a company in Dubai for Gulf nationals. such as (Ministry of Foreign Affairs, Ministry of Civil Defence, Ministry of Justice, The Ministry of Economy, Dubai municipality, communication activities, engineering and architecture activities, Dubai Health Authority, Supreme Petroleum Council)

1. Receipt of the trade license

The last step in establishing a company in Dubai for Gulf nationals is to receive the trade license necessary to start work, after paying all fees, then receiving it from the service centers in Dubai to start working officially and register with the UAE Chamber of Commerce as a member.

Summary
In this article entitled Establishing a Company in Dubai for Gulf Nationals, We discussed the types of commercial licenses in Dubai and the advantages that the Gulf investor will obtain when establishing a company in Dubai for Gulf nationals, in addition to the steps for obtaining a commercial license for Gulf nationals.

Do not hesitate to ask for assistance in establishing a company in Dubai for Gulf nationals. All you need to do is contact us to schedule a time to meet one of our experts to discuss the situation for establishing your company in Dubai. We will develop a plan and an accurate feasibility study, and we will handle all procedures and transactions with government agencies on your behalf.
All you have to do is submit the required documents and leave the rest to our experts.