The Emirate of Dubai has become one of the most important investment destinations not in the Arab world but in the entire world, as it provides many advantages that have made many businessmen want to know the costs and steps of establishing a company in Dubai for foreigners, as this requires some procedures that can be simplified with Tasyer company experience and distinguished work team that is familiar with everything related to the field of investment there.
Costs and steps for establishing a company in Dubai for foreigners
Establishing a company in Dubai is no longer a difficult matter. As the emirate has provided a number of free zones for investment in any commercial field.
Dubai has become one of the most important hubs for major projects, whether by UAE nationals or foreigners, due to the tremendous boom it has witnessed in all fields.
Within a short period of time, it has become an essential home for thousands of establishments of all sizes. As the competent authorities there have the ideal vision to transform ideas into practical, professional application.
In addition to its continuous encouragement to practice various businesses within the country in general and in Dubai in particular.
However, this process does not happen randomly. Rather, it requires many procedures, and any investor needs a specialized company to complete all these steps.
There is nothing better than Tasyer company that has an elite group of the best legal advisors. As well as deep knowledge of all the events regarding the costs and steps of establishing a company in Dubai for foreigners.
As for these steps, they are as follows:
Determine the type of business activities
No investor opens his own company without specifying the nature of the activity. He wants to practice and feeling that he will achieve success through it.
Therefore, this step was necessary, as the type of activity is written in the license papers. Knowing that any change in it requires changing it in the official documents as well.
Tasyer company helps you choose the appropriate business activity for you according to your experience on the one hand and according to the market need on the other hand.
Choose a company name
Choosing the name of your business is one of the important things that helps you spread, achieve a large percentage of profits, on the one hand, and work legally, on the other hand.
However, the selection process does not take place randomly. As the concerned authorities have determined that a set of conditions must met in the chosen name, which are as follows:
- It must not include any words or expressions that may violate public taste and known etiquette.
- As well as, it should not be the name of any other institution or company.
- It should not contain any political expressions, whether supportive or opposed.
- As well as, it is also required that it does not contain any of the most beautiful names of Allah.
- Be as brief as possible.
Set the company’s business location
The conversation about the costs and steps of establishing a company in Dubai for foreigners is not over yet. As determining the location of your business is one of the most important of these procedures.
This site must be compatible with the nature of the activity carried out within the company. And a work team must be chosen that is compatible with its size, regardless of whether it is large or small.
The licenses to establish the company must include its name, activity, and location. And any change therein will be followed by a change in the official papers as well.
Obtaining the necessary licenses
The competent government authorities in Dubai have stated that no investor is allowed to practice commercial activities or establish companies without obtaining the necessary licenses.
This is to ensure that the work framework is legal, and examples of these licenses include the residence visa and the commercial license.
It also imposed some fees that must be paid, which vary according to the activity of each company and the circumstances surrounding it.
Through Tasyer company, you can complete all these steps as quickly as possible at the lowest cost. As all of these procedures do not exceed only three days.
Open a bank account
It requires opening a bank account for every person applying to establish a company in Dubai to receive and process payments legally.
This represents one of the easiest steps that the Tasyer team can implement in a short time.
What is the cost of establishing a company in Dubai?
In continuation of the topic of costs and steps for establishing a company in Dubai for foreigners. The fees that investors pay depend primarily on the size of the company and the type of activity.
Some criteria must take into consideration when thinking about the cost of opening a company, which are as follows:
- Employee sponsorship fees and necessary labor permits.
- As well as, the cost of issuing various commercial licenses.
- The amounts paid when choosing the company’s location.
- As well as, calculating salaries and wages for workers.
- Equipment costs, which include furniture, equipment and various devices that the company cannot do without.
What are the types of companies in Dubai?
Like any country in the world, there are many types of companies in Dubai or the UAE in general, including the following:
- Public and private joint stock companies.
- Limited liability companies.
- As well as Solidarity companies.
- Simple recommendation companies.
Whatever the type of company or the nature of its activity. All the conditions, licenses and costs previously mentioned must be met.
In conclusion, choosing a company to facilitate your procedures for establishing a company in Dubai has become a necessary priority for all investors. So you should use Tasyer company as it is one of the most important companies that can carry out all the steps and procedures in the shortest possible time and at the lowest cost in the markets. And the main reason for this is due to its possession of a group of engineers and consultants with decades of experience, while enjoying good relations with officials in Dubai.
Your ideal destination Tasyer company
Tasyer Company facilitates for you all the costs and steps of establishing a company in Dubai for foreigners, which must be adhered to so that the work is legal to avoid exposure to legal accountability.
Follow us on social media
