Establishing a company in Dubai is one of the most important and popular projects in the emirate, as it is one of the free zones that provides many facilities for carrying out various commercial and industrial projects, and it is also characterised by an excellent location.
Citizens have recently turned to investing in any type of investment due to the increase in population and the increase in the percentage of births per year. And also due to the large number of expatriates from other countries to invest in this major country, which guarantees the success of any project, especially the establishment of a company.
Dubai is the preferred area for many people because of the facilities it provides for companies’ businesses. In addition to the storage warehouses it provides and sells at lower prices than its competitors.
Establishing a company in Dubai
Many businessmen seek to expand business projects to increase the rate of profit and continued economic development.
They find that the UAE is the first and preferred destination. As it guarantees them continued success and permanent development.
This is because the country is characterised by remarkable economic progress, political stability, low crime rates, increased safety and the provision of all facilities to investors.
Especially Dubai, which is the most important and famous free zone. And it characterised by a wonderful location as it is close to Jebel Ali in addition to its proximity to Al Maktoum Airport, which allows it to provide all the facilities to accomplish the tasks required by companies.
Therefore, it is their first choice, and there is no need for the business owner to present himself to establish a project to establish a company in Dubai. You can manage it remotely and watch the success achieved before your eyes.
Advantages of opening a company in Dubai
Investing in Dubai is the first step in the steps of success, as the emirate provides all the facilities that help any investor. Whether a foreigner or a citizen within the country. Whether a beginner or an experienced one, to obtain the highest rates of profit from his project. And one of the most important projects established is the establishment of a company. Dubai considered the most important free zone, which greatly helps in establishing commercial and industrial companies, by providing all the facilities and features that are represented in the following:
- Exempting the company from taxes on both import and export.
- As well as, there are no restrictions on the use of currency.
- Availability of a large number of storage warehouses and aviation facilities.
- Many services are available, such as banking, entertainment and educational services.
- As well as, the presence of goods sold at competitive and reduced prices compared to other free zones.
- Benefiting from its distinguished location, it provides easy access to the emirates of Dubai and Abu Dhabi by land, sea and air.
- As well as, it is providing various means of transportation.
- Ease of creating various projects.
- Full ownership of the project by foreign investors permitted and does not require an Emirati partner as it was previously.
- There is complete tax exemption, as there is no income or corporate tax.
- Providing many facilities in finalising office rental procedures.
- There are many commercial activities that can be practised.
- As well as, it provides a few documents necessary to establish a company in Dubai.
Tasyeir company also provides you with all the facilities to complete all procedures with the assistance of government agencies. As it helps you obtain initial approval, in addition to determining the legal form of your company. In addition to ensuring ease of obtaining residency for you and your family.
Establishing a company in Dubai for foreigners
Although all facilities provided in completing the company establishment procedures. There are some conditions that must be adhered to, which are as follows:
- Any company can establish by one shareholder, and there is no need to pay a minimum amount of capital of commercial licence cost.
- The number of shareholders must not exceed 7 individuals, and it may be only one shareholder. It is not required that the directors reside in the country to carry out the work. The presence of the general manager is sufficient to carry out all administrative tasks and deal with emergencies.
- It is necessary to have a private office for the company. And the Emirate of Dubai provides multiple options, whether it is a smart disk or large offices.
- You should know that you must submit an application to obtain residency in the country, which lasts for approximately three years.
- All documents and papers must also be provided by the Department of Economic Development in the Emirate of Dubai.
- In addition to the importance of obtaining and submitting the necessary licences to establish a company in Dubai.
- In addition to you are choosing a commercial name appropriate to the nature of the company’s activity, which must be approved by the relevant authorities
- In addition to issuing a company commercial licence and registration application form.
- As well as, it is also necessary to create a certified copy of a valid passport.
- Also you provide two copies of the articles of incorporation.
Establishing a company in Dubai is considered one of the best projects that can undertake by foreign investors. As this free zone offers many facilities and advantages that help in the success of establishing various projects. As its distinguished location facilitates communication between it and the emirates of Dubai and Abu Dhabi, which facilitates the implementation of all the tasks the company needs.
Tasyeir company that supports investment steps and achieving success
Establishing a company in Dubai is not difficult at all, as it provides distinguished service. And provides the appropriate climate for establishing various important projects, especially establishing a company. Foreign investors accept this project with a desire to achieve huge profits, and obtain commercial license. As the Emirate of Dubai guarantees them success and continuous development.
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