Every year, the UAE attracts a large number of new investors. For this reason, many people want to know the conditions necessary for the process of opening companies in the Emirates and establishing businesses there. For this reason, in the lines of this article, we will talk about all the important information on the subject of investment in the Emirates for Saudis. Continue reading with us to know more details about it.
Is it possible for Saudis to invest in the Emirates?
Of course, as the UAE allows people and companies of various nationalities to start their businesses on its territory. Not only that, but because of the strong relations between the UAE and Saudi Arabia, it offers Saudi investors some additional advantages, such as long-term visas and others. Which contributes to facilitating investment processes for them.
Conditions for investment in the Emirates for Saudis
In order for Saudis to be able to invest in the UAE, they must meet the following conditions:
- First, the company’s business activity should be determined.
- The type of company, its orientation, the size of its work, and its capital must also be clarified.
- Reserve and register the company’s trade name.
- Initial approval certificate.
- Then the company’s articles of incorporation are prepared and prepared.
- You must also obtain all necessary approvals from the government.
- Obtaining a commercial license.
The cost of investing in the Emirates for Saudis
As for the cost required for Saudis to invest in the Emirates, it varies according to many factors. We will explain to you the most important points necessary to calculate the cost as follows:
- If you want to start a business in Dubai, the minimum required is 11,900 AED to obtain a free zone company license and without 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 create a limited liability company with a commercial license, the minimum amount will be AED 30,000.
- The choice of office space is up to the investor, who determines it according to the nature of his activity and the size of his work, noting that prices vary according to the space.
Distinctive ideas and areas for investment in the Emirates
As for the most prominent investment ideas in the Emirates, we talked about them in detail in a previous article entitled The Best Ways to Invest in Dubai. You can read this article by clicking on the name of the article or visiting our website. As for the most important areas for investment in the UAE for Saudis, they are the following areas:
- 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.
- Jebel Ali: One of the most prominent and important investment areas in the Emirates at all. Because it is considered a free zone, it offers more facilities and benefits for 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 does Tadabeer Company contribute to?
The team at Tadabeer Company can help you implement all the necessary procedures and steps to establish businesses and companies in Dubai. Our company helps in obtaining commercial licenses, commercial records, bank accounts, visas, and much more. Contact us to benefit from our services or for any inquiries regarding the topic of this article.
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