Opening a commercial registry in the UAE for Saudis

24 May Opening a commercial registry in the UAE for Saudis

Opening a commercial registry in the UAE for Saudis is an essential step if a Saudi investor or entrepreneur wishes to establish a company or commercial project in the UAE. Despite the many steps and procedures required to open a commercial registry in the UAE for Saudis, the UAE government has facilitated these steps to open a commercial registry as soon as possible.

In this article, we discuss the steps to open a commercial registry in the UAE for Saudis, the requirements for opening the registry, in addition to many important information about opening a commercial registry in the UAE for Saudis.

How to open a commercial registry in the UAE for Saudis

Opening a commercial registry in the Emirates for Saudis that includes several legal procedures that the Saudi entrepreneur or investor must follow, The procedures involved in opening a commercial registry in the UAE for Saudis are smooth and save time and effort for the customer.

You can contact us and we will handle all legal procedures with government agencies without the need for you to make an effort. Here are the following points to discuss how to open a commercial registry in the UAE for Saudis:

• First, visit the official website of Dubai Economy, which is one of the smooth online services launched by the government to help obtain a commercial registry without effort.
• Login to the electronic service by pressing the login button.
• If you were previously registered on the Dubai Economic website, you must enter your e-mail address and password.
• Log in to submit your request to open a commercial registry in the UAE for Saudis.
• Enter all the details of the location of the company you want to establish in Dubai.
• To open a commercial registry in the UAE for Saudis, all contributing parties must be registered on the platform.
• You must specify the main activity and secondary activity of your company that you want to establish in the UAE for Saudis.
• Add the data of all the founding parties of the company.
• You must specify the type of license you want to obtain (a merchant license, a commercial license, or an instant license).
• Enter the details of the parties to the license, such as: managers, service agents and others, Add your passport or identity number and contact information.
• The official final beneficiary of the company incorporation in the UAE must be identified for Saudis.
• Submit all required documents for the company, provided that they are signed by all parties.
• Pay all costs required to open a commercial registry in the UAE for Saudis.
• In this last step, a commercial registry is opened in the UAE for Saudis and documents related to it are received.

Steps to open a commercial registry in the UAE for Saudis

Dubai is considered one of the most attractive investment cities in the world for foreign, Gulf and Saudi investors, thanks to the services, facilities and ingredients it provides that Saudi investors are looking for to establish various investment companies and projects.
The government provides Saudi investors with facilities and advantages that create a smooth investment environment, which helps support Saudi investors to expand their projects.

1. Determining the economic activity of the company that will be established in the UAE for the Saudi investor. There are many types of economic activities such as: (commercial, economic, service, tourist)
2. Choosing a suitable trade name for the company and appropriate to the nature of the company’s activity and in compliance with the regulations and laws of the Department of Economic Development. Examples of laws for choosing a trade name are:

• • • • The trade name of the company should not contradict public taste.
      • The trade name of the company should describe the nature of the commercial activity.
      • The trade name is not the same as the name of another company in the UAE.
      • The trade name should not include one of the names of God.
      • It does not contain the name of a government agency or political terminology.

1. Obtaining the initial approval for the establishment of the company from the competent authorities in the Emirates, which includes the initial approval for the trade name and the nature of the activity.
2. Choosing a place to work, and its area should not be less than 200 feet. The office space must be leased or owned, and it must have a contract certified by the Dubai Real Estate Regulatory Authority.
3. Obtain additional approval from the concerned government agencies according to the nature of the economic activity.
4. Receive the trade license, pay the fees related to the license, and then register as a member of the UAE Chamber of Commerce.
5. Submit the required documents, then pay the cost related to opening a commercial register in the UAE for Saudis and receive the register.

Requirements for opening a commercial registry in the UAE for Saudis

The regulations and laws regulating the process of investing and establishing companies in the UAE for Saudis stipulate a set of conditions and requirements that must be met in order to legally open a commercial registry in the UAE for Saudis. The government set conditions for the commercial registration to be approved. In the following lines, we discuss the conditions for opening a commercial registry in the UAE for Saudis:

1. Registration of the Saudi investor as a member of the UAE Chamber of Commerce.
2. Attach the documents required for the commercial register in one file and submit them to the Emirates Economic Development Authority.
3. The Saudi owner of the company should not possess more than one commercial license and submit the licenses to the competent department in the Emirates.
4. Pay all fees required to obtain a trade license in the UAE.
5. Attach the required capital along with the papers and documents file.
6. In this step, the commercial registration is received, and a commercial registry has been opened in the UAE for Saudis.

How can we help open a commercial registry in the UAE for Saudis?

Contact us now to save your time and effort, as we handle all procedures and transactions with government agencies to open a commercial registry in Dubai for Saudis , and we will also provide legal advice and various services to establish business in Dubai for Saudis as follows:

1. Equipping offices for work and securing the necessary office supplies for employees, furniture, decoration, brushes and devices.
2. Issuing commercial licenses of all kinds and opening a commercial registry in Dubai for Saudis in the fastest time and at the lowest costs.
3. Submitting, completing and documenting the required papers and documents from the competent government agencies in Dubai with the transactions necessary to establish companies for Saudis.
4. Preparing residence for Saudi investors and Saudi entrepreneurs of various nationalities that allow them to invest for the longest time in Dubai.
5. Providing all means of assistance to enter the investment market in Dubai and establish investment businesses.
6. Providing legal advice during the investment process through the most efficient business advisors and service providers.
7. Providing practical solutions to all problems and obstacles during the investment process in Dubai and opening a commercial registry in Dubai for Saudis.
8. Providing technical support for all inquiries from entrepreneurs and investors throughout the day, seven days a week.
9. Providing business packages suitable for all budgets and capitals to start setting up a company for Saudis.

For more information about opening a commercial registry in Dubai for Saudis, contact us now, and we will assist you in all investment steps in Dubai from A to Z.

We discussed one of the most important legal requirements for establishing a business in Dubai, UAE, ” opening a commercial registry in the UAE for Saudis ,” and presented the most important information that the Saudi investor is looking for to open a commercial registry in the UAE for Saudis.

The article includes how to open a commercial registry in the UAE for Saudis, Steps to open a commercial registry in the UAE for Saudis, requirements for opening a commercial registry in the UAE for Saudis, in addition to our services that we provide for opening a commercial registry, establishing companies in the UAE for Saudis and various nationalities, and providing a wide range of the most important services.

Contact us today and get a free consultation to implement all your business plans!