Establishing a company in Dubai is an attractive investment option for Saudis seeking to expand their businesses and benefit from the emirate’s dynamic business environment. Thanks to its strategic location and government facilities for foreign investors, Dubai has become a global business hub, making it an ideal destination for entrepreneurs from Saudi Arabia. However, before starting a company, there are several factors to consider, one of the most important of which is the cost of establishing a company in Dubai for Saudis. This depends on several variables, such as the type of company, location, commercial license, and administrative costs.
Given the multitude of options and varying costs, determining the appropriate budget for establishing a company can be complex. For this reason, Itqan offers integrated solutions to help Saudi investors establish their companies in Dubai at the best prices and in accordance with legal requirements. Itqan provides specialized advice on the expected costs for each stage, from company registration and obtaining licenses to opening bank accounts, renting offices, and obtaining visas.
Basic costs include company registration fees, which vary depending on the type of business, whether on the mainland or in free zones, as well as government license fees and the cost of renting office space, which is an important factor in determining the total expenses. In addition, there are costs related to visa and residency procedures for investors and employees, as well as administrative service fees and legal consultations to ensure compliance with local laws.
In partnership with Itqan, Saudi investors can reduce financial burdens by choosing appropriate solutions that fit their budgets. The company offers multiple options that enable efficient business establishment while achieving the best return on investment in Dubai’s thriving economic environment.
Types of Companies Saudis Can Establish in Dubai
Establishing a company in Dubai is one of the most attractive investment destinations in the region, offering a stable economic environment and flexible laws that allow Gulf investors, including Saudis, to easily establish their companies. Dubai is distinguished by its strategic location and advanced infrastructure, making it an ideal starting point for businesses across various sectors. Whether a Saudi investor wants to establish a commercial, industrial, or service company, the UAE government provides numerous facilities to help achieve this. This is in addition to the possibility of full ownership in many activities without the need for a local partner, especially when registering in free zones. Dubai also offers a competitive tax system that exempts companies from taxes in certain areas, making it an ideal choice for Saudi entrepreneurs looking to expand in a flexible and dynamic global market. Choosing the appropriate type of company depends on the nature of the business activity, the requirements of the local market, and the laws regulating each sector. Therefore, it is essential to understand the different types of companies Saudis can establish in Dubai and take advantage of the advantages each offers.
Types of Companies Saudis Can Establish in Dubai
- Limited Liability Company (LLC)
Suitable for investors wishing to operate within the Dubai market.
Requires a 51% Emirati partner for some activities, but some sectors allow full ownership for Saudis. - Free Zone Companies
Allow 100% ownership without the need for a local partner.
Provides an ideal business environment with tax exemptions and low operating costs. - Professional Companies
Includes fields such as legal, engineering, medical, and training consulting.
Saudis can fully own them provided they appoint a local service agent. - Industrial Companies
Suitable for investors wishing to establish factories or production projects.
Requires special licenses and permits from regulatory authorities. - Commercial, Import, and Export Companies
Allows commercial activities to be conducted inside and outside the UAE.
Requires official registration and obtaining an appropriate trade license. - Holding Companies
Used to manage investments and assets in Dubai and abroad.
Allows investors to structure their businesses in a flexible and legal manner.
Choosing the appropriate type depends on the investor’s goals and the sector they wish to operate in. Therefore, it is advisable to partner with specialized companies such as Itqan to facilitate the incorporation procedures and ensure compliance. Local Laws
Documents Required to Establish a Company in Dubai for Saudis
Establishing a company in Dubai is a unique opportunity for Saudi investors seeking to expand their businesses and benefit from a developed and supportive economic environment. Dubai offers a range of advantages that make it a leading investment destination, including flexible laws, tax exemptions, and the possibility of full ownership in many sectors, especially in free zones. Its strategic location also makes it a global business and trade hub, giving Saudi companies easy access to regional and global markets. To ensure the success of the company establishment process, it is essential to fulfill all legal and administrative requirements, including submitting the required documents according to the type of company and the nature of the desired business activity.
Documents Required to Establish a Company in Dubai for Saudis
Establishing a company in Dubai for Saudi investors requires the submission of a set of official documents that ensure compliance with local regulations. These documents include a valid copy of the passport of the company founder or partners, if applicable, in addition to a copy of the Saudi ID card and a copy of the residency permit if the investor is a resident of the UAE. A no-objection certificate from the current sponsor must also be provided if the investor is working within the country. In addition, a copy of the required documents must be provided. Recent personal photos with a white background for all partners and shareholders, and a detailed business plan that explains the nature of the business activity, the company’s objectives, and its financial plan. Some activities require approvals from competent regulatory authorities, especially if the company operates in the financial, medical, or educational sectors. The company’s articles of association and memorandum of association must also be submitted and notarized with the official authorities in Dubai. Opening a bank account for the company requires submitting documents proving the founders’ financial solvency and their ability to invest in the chosen business activity. Finally, the company’s trade name is registered and the commercial license is obtained after completing all the required documents and paying the necessary fees to ensure the business runs legally and in an orderly manner.
The Difference Between Establishing a Company in Free Zones and Mainland
Establishing a company in Dubai is a strategic step for investors seeking to benefit from the emirate’s thriving economic environment. With the multitude of options available to entrepreneurs, the difference between establishing a company in a free zone and establishing one on the mainland is a key factor to consider. Choosing the right type of company depends on a number of factors, such as the nature of the business, freedom of foreign ownership, licensing requirements, and the ability to engage with the local and international market. Both free zones and the mainland offer distinct advantages that meet the needs of various categories of investors. Free zones attract companies seeking a flexible investment environment with tax exemptions and business incentives, while the mainland offers the ability to operate within the local market and deal directly with companies and individuals in the UAE. Each option has its own requirements and regulatory procedures that investors must understand to make the right decision.
The Difference Between Establishing a Company in Free Zones and Mainland
The primary difference between establishing a company in a free zone and establishing one on the mainland relates to the scope of work, ownership, and regulatory obligations. Free zones feature full foreign ownership without the need for a local partner, in addition to exemptions. Extensive tax and customs regulations make it an ideal choice for companies focused on international trade or digital services. Free zones also offer great flexibility in transferring profits and capital outside the country and do not require a physical headquarters in Dubai. However, they impose restrictions on direct dealings with the local market within the UAE. Conversely, establishing a company on the mainland allows the freedom to conduct business within the country and deal directly with individuals, government agencies, and local companies. However, in some activities, it requires the presence of an Emirati partner with a certain percentage or a local service agent. Mainland companies are also subject to certain tax rates and regulatory requirements, such as having a physical headquarters for conducting business and adhering to annual financial audit procedures. Both options provide diverse opportunities for investors, and the choice between them depends on the nature of the business activity and the investment goals of each entrepreneur.
How can Itqan help Saudis establish their companies in Dubai?
Establishing a company in Dubai represents a unique investment opportunity for Saudi investors seeking to expand into a growing market characterized by economic stability and prosperity. The emirate provides an integrated business environment that allows entrepreneurs to easily establish their businesses and benefit from tax incentives and legal facilitations. However, the procedures and legal requirements can sometimes be complex, requiring the assistance of experts in this field to ensure that the company is established in accordance with applicable regulations. This is where Itqan comes in, providing integrated services to support Saudi entrepreneurs on their journey to establishing their companies in Dubai in a smooth and efficient manner. With its extensive experience in investment consulting and company formation, Itqan ensures investors have a smooth experience without administrative or legal complications.
How can Itqan help Saudis establish their companies in Dubai?
Itqan offers comprehensive services that help Saudis establish their companies in Dubai with ease, starting with providing specialized consultations to select the appropriate type of company, whether in free zones or the mainland, according to the nature of the business and investment objectives. The company also handles the procedures for obtaining commercial licenses and government approvals quickly and efficiently, saving investors time and effort. Furthermore, Itqan provides company formation services, including preparing all required legal documents such as articles of association, official licenses, and tax registration. It also assists investors in opening bank accounts and arranging accounting and financial matters to ensure compliance with local laws. The company also offers virtual and physical office rental services, facilitating the smooth and secure start-up of businesses. Thanks to its strong relationships with government agencies and economic authorities, Itqan ensures its Saudi clients receive the necessary facilities to complete the formation procedures as quickly as possible. Whether you are an individual investor or seeking to establish a large company, Itqan provides you with full support to make your investment journey in Dubai successful and fruitful.
Our Role in Establishing a Company in Dubai for Saudis
The cost of establishing a company in Dubai for Saudis is a key factor to consider when deciding to invest in this city. The thriving economy, where costs vary based on the type of company and the chosen location, whether in a free zone or mainland, as well as the nature of the business and the required licenses, can help reduce costs and ensure a smooth and efficient process.
Cooperating with Itqan helps Saudi investors obtain the best economic solutions that suit their needs. The company offers comprehensive services, including consultations on expected costs and identifying the best options for establishing a company at reasonable costs without compromising on the quality of services. Itqan also provides support in selecting appropriate licenses and offering flexible solutions to reduce unnecessary expenses and ensure compliance with local laws.
Basic costs include company registration fees, commercial licenses, office space rental costs, visa and residency fees for investors and employees, as well as administrative expenses and legal consultations. However, with a variety of options, Saudi investors can control these costs by choosing the appropriate free zone or seeking low-cost solutions on the mainland, taking advantage of the competitive offers Dubai offers to foreign investors.
Thanks to its extensive experience in company formation, Itqan provides comprehensive support that ensures a smooth establishment experience for Saudi investors. It is successful and achieves the best return on investment, as it facilitates procedures, reduces costs, and enhances the chances of success in the competitive Dubai market. Therefore, making the right decision from the outset and relying on a reliable partner like Itqan can be the key to success for any Saudi entrepreneur who wants to enter the Dubai market with confidence and effectiveness.
Frequently Asked Questions About Starting a Company in Dubai for Saudis
Can Saudis establish a company in Dubai without a local partner?
Yes, Saudis can establish a company in Dubai without the need for a local partner, especially if the company is registered in one of the free zones, where 100% foreign ownership is permitted in many sectors. Companies can also be established on the mainland with full ownership of certain specific business activities.
How much does it cost to establish a company in Dubai for Saudis?
The cost depends on several factors, such as the type of company, the region in which it is registered, and the required licenses. The basic fees include company registration, issuance of a trade license, office rental fees, and visa and residency fees.
Can Saudis obtain investor residency when establishing a company in Dubai?
Yes, Saudi investors can apply for an investor residency when establishing a company in Dubai. The duration of residency depends on the type of investment and the value of the paid-up capital.
Is it possible to establish a company in Dubai remotely without the need to travel?
Yes, some entities, such as Itqan, offer the possibility of establishing companies remotely by providing electronic services and dealing with government agencies on behalf of the investor.
What is the difference between establishing a company in free zones and mainland Dubai?
Free zones: allow full foreign ownership and do not require a local sponsor, but they limit business within the local market.
Are there taxes on companies established by Saudis in Dubai?
Taxes depend on the type of company and location. Most companies in free zones benefit from tax exemptions, while companies in the mainland may be subject to a 9% corporate tax, according to the new laws, with profits below the prescribed minimum exemption.
