Because of the great desire of Saudis to invest in the United Arab Emirates, we decided to talk about this topic in today’s article. In the following sections, we will mention to you all the important information about investing in the Emirates for Saudis, its conditions, cost, and more. Continue reading with us to find out.
Is investing in the Emirates for Saudis allowed?
The UAE is currently considered one of the largest investment countries in the Arab world, and even has a great position on the global level as well. For this reason, it allows many foreign groups to invest within it. Because of the close relations between Saudi Arabia and the Emirates, the UAE not only allows Saudis to invest in it, but also provides them with facilities.
Is investing in the Emirates for Saudis good?
In short, yes. As we mentioned to you in the previous paragraphs, the UAE provides many facilities in the process of establishing companies and businesses within it, for any foreign investor. In addition, the state allows many different activities to be carried out within it, more than 2000 activities. For this reason, it provides Saudi people with good investment opportunities.
Conditions for investment in the Emirates for Saudis
Regarding investment conditions in the Emirates for Saudis, they are as follows:
- Determine the nature of the activity of the company to be established.
- Drawing the legal form of the company and determining its capital.
- Selecting the appropriate trade name for the company, and registering this name with the competent authorities (taking into account the conditions for selecting the trade name).
- Obtaining an initial approval certificate to be able to complete the following steps.
- Obtaining all necessary additional approvals that may be required by some types of companies or businesses.
- Obtaining the appropriate commercial license for business, activating this license and paying its fees.
The cost of investing in the Emirates for Saudis
In fact, the cost of establishing companies in the UAE varies greatly from one person to another and from one business to another. This is because this cost depends primarily on several different factors, the most prominent of which are the size of the company and the nature of its work. This is in addition to the number of people working in the company, and the location and type of its office space. Here are the most important points regarding the cost of investing in the UAE for Saudis:
- To start a business in Dubai, the minimum requirement is AED 11,900 for a free zone company license and no office space.
- In order to obtain a business license with a large office space and one visa quota, the minimum is AED 17,900.
- If you wish to establish a limited liability company with a commercial license, the minimum amount will be AED 30,000.
Cost of office space
Any company, regardless of its business, requires its own office space. For this reason, the UAE, and Dubai in particular, is working to provide office spaces specially equipped for investment businesses. The prices of these spaces range between 10 and 50 UAE dirhams, knowing that they are suitable for most types of investment activities. But if you want to select office space in different areas, or you want to increase these offices, this process may be expensive. The amounts needed for office space may reach a limit of 100 thousand UAE dirhams in some areas and for some companies.
Investment ideas and projects in the Emirates
We have already talked about this topic extensively and in detail in a previous article entitled The Best Ways to Invest in Dubai. If you would like to know more about this topic, we advise you to read this article from our website.
Tips for better investment in the Emirates
If you want to improve your investment process in the UAE, here are the following tips:
- Study the investment market well before starting work.
- Don’t forget to build your own good network in the area.
- Get all the legal and financial advice you need related to work.
- Investing in real estate within the Emirates is considered one of the best types of investment ever, especially in Dubai.
- Cooperating with local partners will make many legal procedures easier for you in the region.
- Don’t forget to stay up to date on economic and technological developments in the region.
The most prominent investment areas in the Emirates for Saudis
- Dubai: It is self-evident that Dubai is at the top of the list, as the rapid pace of the city’s development has become striking at the international level. Dubai is distinguished by the diversity of investments in it, in addition to an exceptional competitive environment among foreign investors.
- Abu Dhabi: One of the best options to start investing in the energy and oil sectors, not to mention the wonderful investment opportunities therein.
- Sharjah: Sharjah is classified as one of the UAE’s vibrant trade arteries. The industrial revolution in this region made many Saudi investors take it as a starting point for their investment in the Emirates.
- Ras Al Khaimah: Manufacturing and maritime transport industries are the most distinctive feature of Ras Al Khaimah, so it is very suitable for starting a very profitable investment there.
- Ajman: It is also one of the cities that offers various investment opportunities for foreigners.
What is the importance of Tadabeer Company?
Tadabeer Company will help you greatly in starting your investment campaign in the UAE. This is because it will provide you with the following services:
- Registering the company’s trade name after determining it.
- Registration of commercial licenses.
- Trademark registration.
- Drafting and editing all required legal contracts.
- Clearing residency procedures for foreign investors.
- Opening bank accounts.
- Finishing all legal procedures for establishing and registering the company.
Do not hesitate to contact us through the following links and join our client list, or to take advice and advice related to the field of investment in the Emirates.
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