Dubai is considered one of the leading investment destinations in the Gulf region and the world, thanks to its advanced infrastructure, business-friendly legislation, and ease of doing business there. Saudi investors find Dubai an ideal environment for establishing their companies, given its geographical proximity and strong economic ties between the UAE and Saudi Arabia, in addition to the availability of many incentives that make it an attractive option for businessmen wishing to expand their businesses internationally.

When considering establishing a company in Dubai, a Saudi investor faces many questions about the actual costs required for this process, as the cost of establishment varies based on several factors, such as the type of business activity and the geographical location, whether in the free zones or on the mainland, in addition to additional costs such as commercial license fees, visas, administrative offices, and banking services.

Here comes the role of Itqan Company, which provides integrated solutions for Saudi investors by providing accurate consultations on the expected costs and choosing the most appropriate legal structure for the company, in addition to facilitating the administrative and legal procedures for establishing businesses quickly and efficiently. The company also helps in identifying the best investment areas that suit the nature of the commercial activity and the requirements of Saudi investors, which ensures reducing costs and increasing the return on investment.

Knowing the total cost of establishing a company in Dubai for Saudis contributes to successful financial planning and ensures informed decisions that help the Saudi investor achieve his business goals in the best possible way. By cooperating with Itqan, investors can have a smooth and transparent experience that guarantees their entry into the UAE market with confidence and stability.

Types of companies that Saudis can establish in Dubai

Dubai is a prime investment destination for Saudi investors seeking to expand their businesses in a stable and prosperous economic environment. The UAE government offers numerous facilities and tax exemptions to attract investors from Gulf countries, making establishing a company in Dubai a great opportunity. an ideal choice for boosting business and accessing new markets. The choice of company type depends on the nature of the business and the investor’s objectives. Business types in Dubai vary in terms of laws, ownership, and the benefits offered by each category. Therefore, it is important to understand the available options before making the right decision.

Types of companies that Saudis can establish in Dubai

• Mainland Company

It allows businesses to operate within and outside the UAE without restrictions.
It can be 100% owned by Saudis. Some commercial activities
require renting a physical office within the country.
It is subject to local taxes and commercial laws in Dubai.

• Free Zone Company

Provides 100% foreign ownership without the need for a local partner.
Offers tax exemptions and import and export facilities.
Allows the possibility of opening a commercial bank account easily.
Restricts direct dealings with the local market within the UAE except through a local agent.

• Offshore Company

Used for asset management and international investments.
Not permitted to conduct commercial activities within the UAE.
Full tax exemptions on profits and income.
Does not require a physical headquarters in Dubai.

The choice of company type depends on the Saudi investor’s needs and the nature of the business they wish to establish. Each category offers different advantages that suit their expansion and growth goals. Itqan can provide the necessary support to select the appropriate type and obtain licenses quickly and easily, ensuring the project’s success in Dubai’s dynamic market.

Basic costs of starting a company in Dubai

Dubai is considered one of the leading investment destinations in the region, providing an ideal business environment for investors thanks to its advanced infrastructure and supportive economic legislation. Establishing a company in Dubai is a strategic step for businessmen wishing to expand their activities in an open global market. However, knowing the basic costs is essential to ensuring sound financial planning. Costs vary based on the type of company, its location, and the nature of the business activity, which requires a comprehensive study to ensure the most appropriate choice for the investor.

The basic costs of establishing a company in Dubai
depend on several main factors, including government registration fees and commercial licensing costs. These fees vary depending on the type of business activity and the area in which the company is established, whether on the mainland or in the free zones. The costs also include trade name reservation fees and initial approvals, which are among the basic procedures in the registration process.

In addition, there are costs associated with renting an office or commercial space, with prices varying based on location and space required. Some businesses require a physical headquarters as part of their licensing requirements. Costs also include issuing residency visas for investors and employees, fees that vary depending on the number of visas required and the type of company.

Other factors to consider include the costs of banking services such as opening a business account and depositing initial capital according to the requirements of the competent authorities, in addition to the costs of legal and administrative consultations that the investor may need to ensure compliance with local laws and regulatory procedures.

Understanding the basic costs of establishing a company in Dubai helps the investor make informed financial decisions. Itqan can provide comprehensive advice and full support to ensure that the company is established efficiently and quickly, giving the investor the opportunity to focus on growing his business and achieving success in the competitive Dubai market.

Documents required to establish a company in Dubai for Saudis

Establishing a company in Dubai is a strategic step for Saudi investors who want to expand their businesses and benefit from the emirate’s dynamic business environment. UAE laws provide many facilities for Gulf businessmen, making registration and licensing procedures more flexible. However, preparing the required documents is one of the most important steps to ensure the establishment process runs smoothly and without delay. The required documents vary depending on the type of company, the commercial activity, and the geographical location, whether on the mainland or in the free zones. It is essential for the investor to be aware of the basic documents required to be able to complete the procedures for establishing his company easily.

Documents required to establish a company in Dubai for Saudis:
The company registration process requires submitting a copy of the valid passport of the investor and all partners, if any, in addition to a copy of the Saudi national identity card. Recent personal photos must also be submitted that comply with the standards of government agencies in Dubai.

The basic documents also include a company registration application form, which is submitted to the relevant authorities, in addition to a business plan that explains the nature of the business activity in some cases, especially if the investment is in specific sectors that require prior feasibility studies. The company’s articles of association must also be submitted if there is more than one partner, and it must be notarized according to the laws in force in Dubai.

Among other requirements, proof of residence address such as a utility bill or bank statement with the address may be required, along with a no-objection certificate from the investor’s current employer if they are a resident of the UAE and want to establish a new company. In addition, in some cases, a minimum capital deposit may be required in the company’s bank account depending on the type of business activity and the requirements of the chosen area.

These documents represent the legal basis for establishing the company. Itqan provides the necessary support to prepare the documents and meet all requirements with ease, ensuring the expedited registration and licensing process, enabling the Saudi investor to start his business in Dubai with confidence and success.

The difference between establishing a company in the free zones and the mainland

Establishing a company in Dubai is an ideal option for Gulf and Saudi investors due to the emirate’s stable economic environment and multiple investment incentives. However, investors face an important decision regarding choosing the optimal location for their company. There are two main options: establishing the company on the mainland or in the free zones. The choice between them depends on several factors such as the nature of the business activity, market requirements, and freedom of foreign ownership. Each option has its own advantages that suit the different needs of investors. It is essential to understand the differences between them to make the optimal decision that achieves business goals and provides maximum legal and financial benefits.

The difference between establishing a company in the free zones and the mainland

• Ownership and Scope of Work

In free zones, a foreign investor can own the company 100% without the need for a local partner. However, companies registered in free zones cannot conduct business directly within the local market except through an authorized agent
in the mainland. Companies are allowed to conduct business freely within and outside the UAE market without restrictions. Some business activities allow full foreign ownership, while some sectors still require a local partner according to the governing laws.

• Legal and administrative requirements

Establishing a company in the free zones is characterized by quick and simple registration procedures, as the free zones offer a convenient regulatory environment with minimal legal requirements.
Establishing a company on the mainland requires more complex regulatory procedures, including obtaining licenses from various government agencies and finding a suitable commercial location within the emirate.

• Costs and fees

Establishment and operating fees in free zones are more straightforward and stable, with many free zones offering flexible packages that include licenses and office space
on the mainland. Costs vary depending on the company’s location, the size of the business, and various government fees, in addition to the need to rent a physical office in accordance with legal requirements.

• Taxes and exemptions

Companies registered in free zones enjoy tax benefits, including exemptions from corporate tax and, in some cases, VAT, as well as customs facilities on imports and exports
on the mainland. Companies are subject to the general tax laws of the UAE, but they enjoy full access to the local market without restrictions.
The choice between establishing a company in the free zones or the mainland depends on the nature of the business activity and investment objectives. Free zones offer flexible tax and administrative benefits, while the mainland allows freedom to operate within and outside the local market. Itqan can provide the necessary consultations to help Saudi investors choose the optimal location for their companies, while providing integrated solutions to ensure a successful and smooth establishment in Dubai’s growing business environment.

Our company’s role in establishing a company in Dubai for Saudis

The cost of establishing a company in Dubai for Saudis is an important factor that influences investment decisions. Costs vary depending on the nature of the business activity and the geographical location, whether on the mainland or in the free zones, in addition to licensing and visa fees, office rental, and administrative services. Therefore, careful financial planning and knowledge of all potential fees and costs contribute to making successful investment decisions that ensure maximum benefit.

Partnering with Itqan makes it easier for Saudi investors to understand all the financial aspects associated with establishing a company. The company provides specialized consultations that help in choosing the best options in terms of cost, taking into account the nature of the business activity and market requirements. It also works to facilitate all administrative procedures, starting from obtaining licenses and ending with opening bank accounts and issuing the necessary visas, which reduces complications and saves time and effort for investors.

When considering establishing a company in Dubai, it is essential to consider costs not only as financial burdens, but also as an investment that opens the door to new opportunities for growth and expansion in one of the most competitive business environments in the world. Through the support provided by Itqan, the Saudi investor can enter the UAE market with confidence and clarity, while ensuring compliance with all legal and administrative requirements at the best possible costs.

Ultimately, establishing a company in Dubai is a strategic step for Saudi investors seeking to expand regionally and internationally. With Itqan as a consulting partner, access to Dubai’s business environment becomes easier and more efficient, enabling investors to focus on achieving their business goals without worrying about procedural and financial details.

Frequently asked questions about establishing a company in Dubai for Saudis