Opening a commercial register in Dubai for Saudis

Opening a commercial register in Dubai for Saudis. Dubai is one of the most prominent commercial and investment destinations in the world, as it provides an ideal environment for business thanks to its many facilities and advanced infrastructure. For Saudis seeking to expand their businesses outside the Kingdom, Dubai is an attractive option due to the economic and business advantages it offers. In this article, we will discuss how to open a commercial register in Dubai for Saudis , by reviewing the conditions and requirements, and the steps necessary for registration, in addition to the benefits and advantages that can be taken advantage of when establishing a company in Dubai.

The process of opening a commercial register in Dubai is an essential step for any entrepreneur who wants to benefit from the dynamic and diverse UAE market. Whether the company operates in the trade, industry, services, or technology sector, the UAE government provides a set of policies and procedures that facilitate the establishment and operation process. Moreover, flexible and transparent laws encourage investors to make Dubai as a strategic hub for their business in the region.

In the following sections of this article, we will provide a comprehensive guide explaining the conditions and documents required to open a commercial register, in addition to the registration steps and the multiple benefits that a Saudi investor can obtain when establishing his business in Dubai.

Opening a commercial register in Dubai for Saudis

Conditions for opening a commercial register

Opening a commercial register in Dubai for Saudis requires compliance with a set of legal and regulatory conditions and procedures. Saudi investors must prepare the necessary documents, pay the required fees, and obtain the necessary licenses to ensure the process runs smoothly. In this section, we will go into detail about the required documents, registration fees, and licensing requirements.

Required Documents

To begin the process of opening a commercial register in Dubai, Saudi investors must submit a set of necessary documents. These documents include:

• Copy of Passport: A valid copy of the passport must be provided to the investor and all potential partners.
• Personal photo: A recent personal photo of the investor.
• Registration application form: Fill out the commercial registration application form completely and accurately.
• Articles of Association: If the business activity requires the presence of partners, the Articles of Association must be submitted, certified by the competent authorities.
• Security approval: Some businesses may require security approval before proceeding with the registration process.
• Lease Contract: Submit a lease contract for the workplace in Dubai, and it must be certified by the Dubai Land Department.

register fees

Registration fees vary depending on the type of business and the size of the company. This includes:

• Initial registration fees: These fees vary based on the type of business activity and the entity with which it will be registered.
• Business License Fees: Some businesses require additional fees to obtain the required license.
• Service Fees: May include additional fees related to administration and registration services.

Licensing requirements

Obtaining a commercial license in Dubai requires compliance with a set of regulatory requirements imposed by the competent authorities:

• Determine the type of business activity: The type of business activity must be determined accurately to ensure obtaining the appropriate license.
• Initial approval: After submitting all documents and paying fees, initial approval must be obtained from the Department of Economic Development in Dubai.
• Registration with the Dubai Chamber of Commerce and Industry: New companies must register with the Dubai Chamber of Commerce and Industry to obtain the required membership and certificates.
• Health insurance: Health insurance must be provided to investors and employees working in the company.
• Registration in the Wage Protection System: New companies must register in the Wage Protection System to ensure that wages are paid to employees regularly and transparently.

By following these terms and requirements, Saudi investors can easily open a commercial register in Dubai and start conducting their business activities effectively.

Registration steps

The process of registering a commercial registry in Dubai for Saudis is a simple and easy process if the necessary steps are followed carefully. Below are the detailed steps that must be followed to complete the registration process successfully:

Apply online

• Create an account on the electronic services portal: Saudi applicants must first create an account on the electronic services portal of the Department of Economic Development in Dubai. This portal can be accessed online and logged in using personal credentials.
• Filling out the application form: After creating the account, you must fill out the commercial register application form with the required information. This form includes details about the type of business activity, the legal structure of the company, and partner information if any.
• Uploading the required documents: All required documents must be uploaded in electronic form through the portal. This step is necessary to ensure that the application is reviewed quickly and efficiently.
• Payment of the initial fee: After submitting the application, the initial fee must be paid online using the available payment methods. These fees can include application fees and initial reservation fees for the trade name.

Visit the service center

• Going to the service center: After completing the online application, you must visit one of the service centers affiliated with the Department of Economic Development in Dubai to complete the procedures. It is recommended to book an appointment in advance to avoid long waits.
• Submission of original documents: During the visit, original copies of documents uploaded online must be submitted for matching and verification. A valid Saudi national ID or passport must also be presented.
• Review of the final application: Service center employees review the application and all submitted documents to ensure that they comply with the conditions and requirements. If there are any deficiencies or errors, the applicant will be informed to correct them.

Receive the license

• Payment of the final fees: After reviewing and approving the application, the final fees related to issuing the commercial registration and license must be paid. These fees can be paid directly at the service center or online.
• Receiving the license: Upon completion of all procedures and payment of the final fees, the commercial register and license will be issued. A paper copy of the license can be received at the service center or an electronic copy can be downloaded via the electronic portal.
• Commencement of commercial operations: After receiving the license, the applicant can begin conducting commercial activities legally in Dubai. It is recommended to keep a copy of the license and all relevant documents in a safe place for reference when needed.

By carefully following these steps, Saudis can establish their businesses in Dubai and benefit from the emirate’s thriving and supportive economic environment.

Benefits and advantages

The process of opening a commercial register in Dubai for Saudis has many benefits and advantages that make it an attractive option for investors and entrepreneurs. In this section, we will review some of the main benefits that Saudis can benefit from when opening a commercial register in Dubai :

Tax exemptions

Tax exemptions are one of the most important advantages that Dubai offers to foreign investors. The government in Dubai provides broad tax exemptions that include many sectors, which helps reduce the financial burdens on startups and investors. This contributes significantly to increased profitability and faster business growth.

Easy access to markets

Dubai enjoys a strategic location that makes it a major trade gateway to access global markets. Thanks to its advanced infrastructure and excellent transportation network, companies can easily access regional and international markets. This allows Saudi companies to expand their business and develop new business relationships with various countries.

Government support

The Dubai government provides significant support to foreign investors, including Saudis. This support consists of providing economic incentives, administrative facilities, and training programs aimed at enhancing the administrative and technical capabilities of business owners. The government also provides initiatives to facilitate access to financing and concessional financing, which helps companies achieve long-term sustainability and growth.

Thanks to these benefits and advantages, opening a commercial register in Dubai becomes an attractive option for Saudis who want to expand their business and benefit from the dynamic and encouraging business environment that the emirate provides.

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

In conclusion, opening a commercial registry in Dubai for Saudis is a strategic step that opens wide horizons of commercial and investment opportunities. By complying with specific terms and requirements, including submitting the required documents, paying registration fees, and obtaining the necessary licenses, Saudi investors can benefit from the thriving economic environment in Dubai.

This step offers many benefits and advantages, such as tax exemptions and easy access to regional and global markets, in addition to government support that contributes to enhancing the sustainability and growth of businesses. Dubai, with its advanced infrastructure and strategic location, is an ideal center for business and trade.

Therefore, Saudi investors looking to expand their business and exploit the opportunities available in Dubai are advised to begin the procedures for opening a commercial register. By following the steps outlined in this article, they can establish a strong and successful presence in one of the most prominent business cities in the world.

Frequently asked questions about opening a commercial register in Dubai