The United Arab Emirates is considered one of the leading investment destinations in the Middle East, as it is characterized by a dynamic business environment and advanced infrastructure that contribute to attracting investors and entrepreneurs from around the world. In recent years, the UAE has witnessed a noticeable increase in the number of Saudi investors seeking to open commercial registers and benefit from the investment opportunities available in this promising country. Opening the commercial registry in the UAE to Saudis is a strategic step that allows them to access a diverse global market and benefit from the tax facilities and economic benefits offered by the UAE. With the increase in economic cooperation between the UAE and Saudi Arabia, investment opportunities have become more diverse and attractive, which enhances the importance of understanding the conditions and procedures necessary to open a commercial register in the UAE .

In this article, we will review the advantages of opening a commercial register in the Emirates for Saudis, and explain the legal conditions and requirements, in addition to the practical steps that must be followed to achieve this. We will provide you with a comprehensive guide that will help you make informed decisions and exploit the available opportunities in the best possible way.

Opening a commercial register in Dubai for Saudis

After completing the previous steps, you can receive the activity license and open a commercial register in Dubai for Saudis after doing the following:

• Attach the documents required for each of the previous steps and submit them to the Department of Economic Development. Continue opening a commercial register in Dubai for Saudis.
• Pay the commercial license fees within 30 days from the date of issuance of the payment authorization. If the commercial license fees are not paid within 6 months from the date of issuance of the payment authorization, the transaction will be automatically cancelled.
• Registering as a member of the Chamber of Commerce: You will need to become a member of the Chamber of Commerce in the relevant Emirates before you can start your economic activity.
• When you apply, you will be required to obtain an official business license and a lease agreement for the proposed location of your company
• Add the capital value to the company’s commercial registry data, and the rest of the fields will be filled in automatically.
• Issuing a payment permit and paying the fees. Only one payment permit is issued that contains the initial approval fees, trade name reservation, and license issuance fees.
• When applying for a commercial license, please take into account the required documents. The date of issuance of the license is calculated from the date of issuance of the payment authorization.

Advantages of opening a commercial register in the Emirates

The United Arab Emirates is considered one of the most attractive destinations for investment and business in the region, and this is due to several advantages that make opening a commercial register in the Emirates a strategic choice for Saudis. These advantages range from advanced infrastructure, attractive business environment, and tax facilities.

• Advanced infrastructure

The UAE is known for its advanced infrastructure that rivals the most prestigious international cities. From world-class airports and ports to road and communications networks, the UAE provides an environment perfectly equipped to support businesses of all kinds. This makes it easier for Saudi companies to transport goods and services efficiently and quickly, which enhances their competitiveness in the market.

• Attractive business environment

The UAE has an attractive business environment that attracts investors from all over the world. The country provides many free zones that grant multiple privileges such as full ownership by foreigners and full tax exemptions. In addition, the business environment is politically and economically stable, providing a safe climate for long-term investment.

• Tax facilities

Tax facilities are considered one of the most prominent advantages that the UAE offers to investors. The country is characterized by a tolerant tax policy that includes no personal income tax and low corporate taxes. This gives Saudi business owners the opportunity to achieve higher profits and maintain a greater portion of their financial returns, which enhances their ability to expand their businesses and achieve sustainable growth.

In short, the UAE provides an ideal environment for opening a commercial register, thanks to its advanced infrastructure, attractive business environment, and tax facilities. These factors combined make the UAE an ideal destination for Saudis wishing to expand their business activities and benefit from promising investment opportunities.

Conditions and requirements for opening a commercial register in the Emirates

Opening a commercial register in the UAE for Saudis is an important step that requires compliance with a set of legal and administrative conditions and requirements. These terms aim to ensure that the process runs smoothly and efficiently, as well as to provide a transparent and credible business environment. Below is a breakdown of the most important terms and requirements:

• Required Documents

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

1. A copy of a valid passport.
2. A copy of the UAE residence visa (if any).
3. Recent personal photos.
4. No objection certificate from the sponsor (if the investor is a resident of the UAE).
5. A copy of the Saudi national ID.
6. Workplace lease contract (if any).

• legal procedures

The legal procedures required to open a commercial register in the UAE include several steps, each of which requires compliance with local laws and regulations. Among these procedures:

1. Determine the type of business activity to be practiced and ensure its compliance with local regulations.
2. Choose the trade name and verify its availability and that it does not conflict with other registered trade names.
3. Prepare and submit the registration application to the Department of Economic Development in the relevant emirate.
4. Review all submitted documents and ensure they are correct and complete.

• Fees and costs

Fees and costs associated with opening a commercial register in the UAE vary based on the type of business and where it is established. In general, these costs can be divided into:

1. Registration fees with the Department of Economic Development: vary depending on the emirate and type of activity.
2. Commercial license issuance fees: Includes annual commercial license issuance and renewal fees.
3. Approvals and permits fees: Some commercial activities may require obtaining additional approvals and permits from competent authorities, such as the Ministry of Health or municipal departments.
4. Other costs: These include the costs of preparing legal documents, the costs of renting the workplace, and the costs of consulting services, if any.

Compliance with these terms and requirements is considered a crucial step to ensure the success of the process of opening the commercial register in the Emirates for Saudis, and to make the most of the commercial opportunities available in the Emirati market.

Practical steps to open the commercial register for Saudis

Opening a commercial register in the UAE requires several specific practical steps. Following these steps carefully is essential to ensure the process goes smoothly. Below we review the basic steps for opening a commercial register in the Emirates:

• Choose the type of business activity

Choosing the type of business activity is considered one of the most important first steps in the process of opening a commercial register. The Saudi investor must determine the type of activity he wishes to practice in the Emirates, whether commercial, industrial, or service. This choice will subsequently determine the types of licenses and approvals required. It is also important to ensure that the chosen activity is in line with local laws and regulations and is permitted within the scope of business in the UAE.

• Registration with the Department of Economic Development

After determining the type of business activity, the investor must register with the relevant Department of Economic Development in the emirate in which he wishes to practice business activity. This step requires submitting a set of basic documents such as:

1. a copy of the passport
2. Photograph
3. Company’s articles of incorporation (if the company has multiple partners)
4. Detailed business plan

During this stage, initial approvals are obtained from the competent authorities, which allows the investor to proceed with the rest of the procedures.

• Obtaining the necessary approvals

The necessary approvals vary based on the type of business chosen. Some activities may require additional approvals from specialized regulatory bodies such as the Ministry of Health, the Ministry of the Environment, or the Securities and Commodities Authority. The Saudi investor must submit applications to obtain these approvals and ensure that all conditions and requirements of each entity are met.

In addition, the investor must obtain a business license from the Department of Economic Development. This process includes paying the required fees and submitting additional documents and documentation that the department may request.

By following these steps, the Saudi investor can obtain the commercial registration in the Emirates and begin practicing his commercial activity legally and orderly.

Steps to establish a company in Dubai

Establishing a company in Dubai can be a smooth experience if you are familiar with the basic steps and procedures required. Here is an overview of the steps you need to follow to set up your company in Dubai:

1. Determine the type of company: Decide what type of company you want to establish. Will it be a limited liability company (LLC), a sole proprietorship, a joint stock company, or a free zone company? Each type has different advantages and requirements.
2. Choosing a business name: Choose a business name that complies with local laws. Make sure the name is unique and not used by other companies. The name must be appropriate and not contain any offensive or illegal content.
3. Define business activities: Determine the business activities that the company will undertake. The activities must be consistent with what is permitted in the license you will submit.
4. Choose a company location: Select a location for your office or workplace. You can choose an office in one of the free zones or in Dubai itself, depending on the type of company and your needs.
5. Document preparation: Collect all required documents, such as passports, commercial records, and legal agreements. You may need to provide copies of passports for partners and directors.
6. Registration with the Economic Department: Apply for a trade license from the Dubai Department of Economy or the responsible authority in the free zone if you choose one.
7. Obtaining Approvals: You may need to obtain additional approvals from relevant government bodies depending on the type of business activity.
8. Open a bank account: Open a business bank account in the name of the company. You will need to provide company documents and banking licenses.
9. Company registration with Social Insurance: Make sure your company is registered with the Social Insurance system and meets any labor requirements.
10. Completion of legal procedures: Ensure completion of all other legal procedures such as registering employees in the health insurance system, preparing employment contracts, etc.

Ways to establish a company in Dubai

In order to be able to establish a company in Dubai , you must first take the steps imposed by the Dubai Economic Development Authority for anyone who wishes to own a company or invest in the Emirate of Dubai, which are as follows:

1. He must determine the economic activity of the company he wishes to open
2. Identify all parties in the company, indicating the percentage of gain and loss and the capital ratio
3. Choose a trade name for your company
4. To apply for an initial approval certificate
5. To choose the company’s location and prepare the papers proving ownership of the place or if it has been rented
6. He will obtain a commercial license so that you can practice your activity

In conclusion, it can be said that opening a commercial register in the Emirates for Saudis is considered a strategic step towards expanding the scope of business and benefiting from the advanced economic environment and competitive advantages offered by the Emirates. Through advanced infrastructure, tax facilities, and an attractive business environment, Saudi business owners can achieve sustainable growth and outstanding success in the UAE market.

Compliance with the legal terms and requirements and providing the necessary documents facilitates the registration process and opens the doors to multiple opportunities in various sectors. By following the practical steps from choosing the type of business activity to obtaining final approvals, challenges can be overcome and investment goals can be achieved efficiently.

Therefore, we advise everyone who aspires to expand their business activity to study the feasibility of opening a commercial register in the Emirates and take advantage of the available capabilities to achieve success and prosperity. The UAE offers an ideal business environment that allows Saudi investors to build a promising future full of opportunities

The most important frequently asked questions about opening a commercial register in the Emirates for Saudis