Company owners are looking for how to establish a holding company for a Gulf company in Dubai, as one of the basics of success is choosing a suitable place to make it a center for commerce, and of course the city of Dubai is one of the most important of these places, so we will present to you in this article everything related to how to establish a holding company, Everything related to the steps, in addition to knowing all the advantages that make you apply for establishing a holding company, we will learn about all this and more in the following lines.
How to establish a holding company for a Gulf company in Dubai
The United Arab Emirates has witnessed a very large boom in investment, and it has focused on supporting the new sector in investment. In addition to encouraging them and providing everything that supports them with the aim of overcoming obstacles for them.
It is worth noting that it has become the center for fifty percent of these companies in the Middle East.
Therefore, anyone who wants to invest from the Gulf countries can establish companies in a very short period. And there are steps that can be followed in establishing a company in Dubai, which are:
- You must register the trade name as well as the trademark.
- The company’s primary activity as well as its subsidiary activities must be determined.
- As well as, you are required to submit an application for initial approval from the Department of Economic Development.
- You must choose the appropriate license for the type of company. There are industrial, commercial, and professional licenses.
- As well as, you must provide at least the minimum amount of capital according to your schedule study, because capital changes with the project.
- Work must be done to determine the appropriate legal form for the company.
- As well as, approval must be obtained from the government.
- Work on extracting all documents, and even authenticating them based on the private party affiliated with it.
- You are required to pay all fees that you must pay in order to register and advertise the company.
Through the above, Tasyeir company can provide all of these services and help you establish a company within 3 days.
Holding company what does it mean?
Do you know how to establish a holding company for a Gulf company in Dubai? And do you know what this means? And does the concept of a company in general differ from a holding company and a parent company? We will learn all of this by completing the article.
It is clear from the research that the concept of the holding company is very similar to the parent company, and there are no clear differences. It is considered a joint-stock company and has a number of subsidiaries. You may be wondering about the secret behind other companies following it, but this is natural. Especially if you know that this company, the Holding Company, owns more than half of the capital and therefore controls the board of directors.
The holding company does not engage in any type of commercial activity, and is content with the financial administrative aspect. It also provides full support to its subsidiaries, and can also provide financing and guarantees to these companies. In addition to owning property rights and trademarks.
But the difference between the concepts of the holding and the parent appears in the legal implications. As the holding company considered inactive and its goal is to own other companies, while the parent company has projects with influence. And the goal of owning other companies is expansion or investment.
What are the advantages of a holding company?
After we learned about how to establish a holding company for a Gulf company in Dubai. Let us learn about the advantages of the holding company, including:
- One of the biggest advantages is that if one of the subsidiaries goes bankrupt. It is insulated from this.
- Tax liability can be reduced and limited by dividing companies into a subsidiary that owns the real estate, another that owns all the commercial franchises. And another that owns the equipment and the brand.
- It protects people’s personal assets by holding the assets liable for lawsuits or debts. Rather than becoming the person’s property.
- It provides central control, provides tax planning, and can manage risks.
A certain charitable Tasyeir company
How to establish a holding company for a Gulf company in Dubai. Tasyeir company can help you with it, because it offers many features that make it easy for you to extract everything related to establishing the holding company, including papers, documents, etc., all the way to opening the company and starting work through it.
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