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Investment and residence in Dubai

Investment and residence in Dubai

٢٦ ديسمبر Investment and residence in Dubai

Investing and residing in Dubai, Dubai is one of the most prominent global destinations that combines great investment opportunities with a luxurious lifestyle, making it a distinctive choice for international investors looking to boost their businesses and benefit from a vibrant economic environment. Thanks to its strategic geographical location and advanced infrastructure, Dubai offers unlimited opportunities in various sectors including real estate, technology, tourism, and trade. In addition, Dubai provides a flexible legal system that allows foreigners to establish and operate businesses with ease, which enhances its appeal as a global business hub.

When considering investing in Dubai , it is also important to consider the residency options available, as the emirate offers a range of visas and residencies to suit the needs of investors and their families. Dubai offers residency visas for investors, partners, and directors, which can be long-term and provide the necessary stability for individuals and families. With these visas, investors can benefit from the economic and social benefits that Dubai offers, including access to an advanced education system, high-quality healthcare services, and a premium lifestyle.

Partnering with a specialized company like Itqan greatly facilitates the process of investing and residing in Dubai . Itqan provides comprehensive services including legal and administrative consultations, and helps investors understand the procedures required to establish companies and obtain the necessary visas. Thanks to its experience and in-depth knowledge of the UAE market, Itqan can provide full support to investors, ensuring that investment and residency procedures are accelerated and that all local laws and regulations are fully complied with. Through this collaboration, investors can make the most of the opportunities offered by Dubai and achieve sustainable success in a dynamic and thriving business environment.

Investment and residence in Dubai
Investment and residence in Dubai

Types of companies that can be registered in Dubai

Dubai is an ideal destination for investors due to its advanced economic environment and the wide range of business opportunities it offers. The city offers a variety of options for company registration, investment in Dubai , allowing investors to choose the most suitable structure that matches the nature of their business and commercial objectives. Whether you are planning to establish a company on the mainland or in one of the free zones, Dubai offers flexible options that cater to different needs and activities. In this context, it is essential to understand the different types of companies that can be registered in Dubai to determine the best option that ensures success and expansion in the market.

  • Limited Liability Company (LLC): The most common type of LLC in Dubai, the LLC allows foreign investors to own 100% of the company in some cases. On the mainland, it requires a local partner who owns 51% of the shares, but it can also be set up in free zones without a local partner.
  • Sole Proprietorship: A company wholly owned by one person who is responsible for all the company’s obligations. Foreign investors can establish this type of company, but in the mainland it may require appointing a local service agent.
  • Branch of a foreign company: International companies can open branches in Dubai, allowing them to maintain full ownership of the branch. The branch is not a separate legal entity but an extension of the parent company and is subject to local regulations.
  • Free Zone Company: Companies registered in free zones enjoy benefits such as tax exemptions and full foreign ownership. These companies are only allowed to operate within the free zones, unless they obtain an additional license to deal in the local market.
  • Public Shareholding Company: This type of company can offer its shares to the public, and must have a large capital. It is subject to the supervision of the Emirates Securities and Commodities Authority and has special regulatory requirements.
  • Civil Company: Civil companies are used for professional activities such as legal and medical consultancy. Foreigners can establish this type of company, but a local service agent must be appointed if the company operates outside the free zones.

Choosing the right type of company depends on the nature of the business, market requirements, investment in Dubai and specific legal requirements, allowing investors in Dubai to choose the most appropriate structure to achieve success and growth in a dynamic business environment.

Procedures required to establish a company in Dubai
Procedures required to establish a company in Dubai

Procedures required to establish a company in Dubai

Establishing a company in Dubai is an important strategic step for any investor looking to take advantage of the emirate’s vibrant business environment. With its flexible laws and encouraging economic environment, Dubai offers many opportunities for new businesses to successfully establish their presence in the market. However, the process of establishing a company requires following specific procedures to ensure compliance with all legal and regulatory requirements. In this context, it is essential to understand the basic steps that must be followed to ensure a smooth and efficient company formation.

  • Determine the type of company and business activity: The first step in the incorporation process is to determine the appropriate type of company and business activity you will be conducting. This could be a limited liability company, a free zone company, or another type of company depending on the nature of the business. This determination affects the licensing requirements and subsequent procedures.
  • Choosing a company name and obtaining approval: After determining the type of company, a trade name must be chosen that complies with local regulations. It is necessary to apply for approval from the Dubai Department of Economic Development or the relevant authority in the free zone, to ensure that the name complies with the laws and is not similar to other company names.
  • Preparing the Articles of Association and Memorandum of Association: The articles of association and memorandum of association of the company must be prepared, which specify the organizational structure, the rights and obligations of the partners, and the percentage of ownership of each party. A lawyer or legal consultant may be consulted to ensure that the documents are prepared correctly.
  • Securing a company location and obtaining a lease agreement: Registering a company in Dubai requires a physical address, so a suitable location must be secured and an office lease agreement must be obtained. If registering in a free zone, a lease agreement must be obtained from the free zone.
  • Applying for a commercial license: After preparing the necessary documents, an application for a commercial license must be submitted to the relevant authorities, such as the Department of Economic Development or the responsible authority in the free zone. The application includes submitting the required documents such as the articles of association, the lease contract, and details of the business activities.
  • Opening a bank account and submitting financial documents: Incorporating a company in Dubai requires opening a bank account for the company in one of the approved banks. Financial documents such as proof of capital, in addition to other legal documents, must be submitted.
  • Applying for Residence Visas: After completing the registration and licensing procedures, investors, managers and employees can apply for residence visas. This requires submitting documents such as passports, personal photos and papers proving their association with the company.
  • Completing the final procedures and obtaining the final license: After completing all the procedures and submitting the required documents, the final commercial license is issued. The company can then start practicing the business and expanding in the market.

The process of establishing a company in Dubai requires attention to every detail and procedure to ensure compliance with all local laws and regulations. By adhering to these steps, investors can successfully start their business in one of the most attractive global markets.

Learn about investment and residence in Dubai

In conclusion, when it comes to investing and residing in Dubai , it is clear that the emirate offers unlimited opportunities for investors thanks to its advanced and flexible economic environment. Dubai combines innovation and modern technologies, making it an ideal destination for a variety of investment projects. The city offers world-class infrastructure, free zones that allow full foreign ownership, and attractive tax exemptions, which enhances its appeal as a global business hub.

Residency in Dubai enhances the investment experience by offering long-term visa options to investors and their families, providing them with stability and comfort in a distinguished environment. Dubai’s legal system provides a solid framework that guarantees investors’ rights and contributes to facilitating the investment process, allowing them to focus on achieving their business goals.

The importance of working with a specialized company like “Itqan” is evident in facilitating and accelerating the steps of investing and residing in Dubai. Thanks to “Itqan’s” extensive experience, investors can obtain comprehensive support at all stages of the process, from choosing the legal structure of the company, providing the necessary consultations, to facilitating the obtaining of visas and residencies. This cooperation helps avoid potential challenges and ensures that investors comply with all local laws and regulations.

With these advantages and the continuous support of Etqan, investors can achieve tangible success and grow their businesses in one of the most advanced and innovative cities in the world. Ultimately, Dubai provides an ideal environment to achieve investment goals and enjoy a high-end lifestyle, making it the ideal choice for many international investors.

Frequently asked questions about investment and residence in Dubai

What are the most important advantages of investing in Dubai?

Dubai offers a stable economic environment, advanced infrastructure, diverse opportunities in various sectors, tax exemptions in free zones, and full foreign ownership. Its strategic geographical location also enhances access to global markets.

Can foreigners invest in Dubai entirely?

Yes, foreigners can own 100% of companies in most free zones in Dubai. On the mainland, a local partner may be required for some business activities, but there are many areas where foreigners can own 100% of companies.

What types of companies can be registered in Dubai?

Limited liability companies, one-person companies, branches of foreign companies, free zone companies, public joint stock companies, and civil companies can be registered.

How to get a residence visa for investors in Dubai?

Investors can obtain residence visas by submitting documents such as articles of association, proof of investment, and personal documents. Long-term visas, including investor and partner visas, are available.

What are the procedures required to establish a company in Dubai?

The procedures include choosing the type of company, submitting a business plan, submitting the required documents such as a passport and a lease contract, and registering the company with the relevant government departments to obtain the necessary licenses.

What are the free zones in Dubai and how do they benefit investors?

Free zones in Dubai offer benefits such as tax exemptions, 100% foreign ownership, and no customs duties on imports and exports. Popular free zones include Jebel Ali, Dubai South, and Dubai International Financial Centre.

Can investors in Dubai benefit from tax exemptions?

Yes, many free zones in Dubai offer tax exemptions on companies and profits. However, a 5% VAT is applied to certain goods and services across the UAE.

What are the residency requirements for investor families in Dubai?

Families of investors can obtain long-term residence visas based on the investor or partner visa. The visas include family members such as spouse and children.