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set up a company in Dubai for foreigners
set up a company in Dubai for foreigners
In 2021, The National News published an article on the volume of foreign investment in Dubai, announcing that Dubai attracted about 4 billion and 300 thousand dirhams in the first months of the year, while the National Economic Register of the UAE NER announced in the same year, that the number of foreign companies in Dubai reached 3,209 companies, and 763 of them were branches of foreign companies based outside Dubai.

Ways to set up a company in Dubai for foreigners:

Establishing a company in Dubai is not difficult in steps and procedures, as the UAE's complacency in procedures, which is considered an attraction element next to other elements, because the most important thing that distinguishes any country is the ease of procedures and laws, especially with foreign investors

Here are the top ways to open a company in Dubai for foreigners:

Online:

One of the services provided by the UAE to investors is the Basher service for the establishment of companies online.

Basher is an electronic platform integrated with the relevant government institutions, you can use it by dictating a form, which takes about 15 minutes, and you can pay the fee by visa.

Contracting with a company:

Usually, an investor who wants to establish a company in Dubai is not always present, so it is difficult to follow the progress of work and extract papers, so contracting with a company specialized in establishing companies in the UAE helps you to complete the papers with all credibility, for example HEM company is establishing the company in just 3 days which is one of the easiest ways to achieve your goal of creating a successful company.

What are the conditions for opening a company in Dubai for foreigners?

Protecting the rights of investors is one of the elements of attracting investors to any country, so the UAE works to protect the rights of investors, and provide a safe space and working environment for them, by setting clear and specific conditions for opening a company in the UAE for all investors.

There are activities that foreigners are allowed to practice and have been developed by the UAE Investment Authority to open a company in Dubai for foreigners:

  • Trading and owning activities.
  • Providing consultancy to companies in the UAE.
  • Air transport.

As for the activities that the foreign investor is not allowed to practice if he wishes to establish a company in Dubai:

Any special field for mining or investment in mining, including: oil, gold or mineral exploration.

Establishing advertising agencies, or a private activity to advise them, or their departments as a foreign investor.

As a foreign investor in the UAE, he is not authorized to own or establish any activity related to the field of aviation, or to purchase or trade shares of UAE airlines.

Other than specifying the activities allowed to a foreign investor, the UAE Investment Authority determines the existence of a partner holding UAE nationality except through mathematical and legal activities and medicines.

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