Because of the great desire for Saudi investment in the United Arab Emirates, we will talk in the lines of this article about all the important information about investing in the Emirates for Saudis. Such as the conditions for this investment, the facilities provided to investors by the state, in addition to some profitable ideas. Continue reading with us to know more details.
Is investing in the Emirates for Saudis allowed?
Certainly, especially after the UAE issued many laws that facilitate the investment process for Saudi citizens. The reason behind this is the close relationship between the two countries and the joint endeavor to enhance their economic aspect.
The most best investment areas in the Emirates for Saudis
The UAE has many distinctive areas for investment, and among the most prominent of these areas we mention to you:
- Dubai: There is no doubt that Dubai is currently considered one of the most developed and fastest developing Arab and international countries as well. For this reason, it is currently considered one of the best options available to anyone wishing to invest in the Emirates, and not just Saudis.
- Sharjah: Sharjah is considered one of the most vibrant emirates with industrial and economic development in the Emirates. For this reason, many foreign and Saudi investors are quick to take this region as their investment starting point.
- Ajman: Ajman is distinguished by the wide variety of investment activities that can be done within it.
- Abu Dhabi: One of the most wonderful and best options available to any investor who wishes to work within the Emirates. This is due to its economic, commercial and industrial development, in addition to the great diversity of investment opportunities as well.
- Ras Al Khaimah: This region is not suitable for all foreign investors, but for some it is considered one of the best regions for investment at all, not only in the Emirates, but in the Arab world as a whole.
Conditions for investment in the Emirates for Saudis
As for the investment conditions in the Emirates for Saudis, they are as follows:
- You must first determine the company’s business activity.
- Clarifying the type of company and its direction, in addition to the size of its work and capital.
- Then, the company’s trade name must be selected, reserved and registered.
- Obtaining the initial approval certificate.
- Preparing and preparing the company’s articles of incorporation.
- Securing all necessary approvals from the government.
- Finally, getting a commercial license.
The most important investment facilities in the Emirates for Saudis
As we mentioned to you at the beginning of the article, the UAE has recently worked to provide many different facilities for Saudi people to invest in it. Among the most prominent of these facilities we mention to you:
- Reducing land rents in Dubai by 15%, for any investor coming from the Kingdom of Saudi Arabia to the Emirates.
- Facilitating air transport between Saudi Arabia and the Emirates, by establishing a joint air line between them.
- Providing facilities for Saudis to purchase land in Dubai, other than the previously mentioned reductions.
- Exempting all Saudi investors from chamber of commerce fees.
- Facilitating the maritime transport process between the two countries, by making discounts in Abu Dhabi ports for Saudis.
What is the cost of investing in the UAE?
In fact, the answer to this question varies greatly from one person to another. This is because the cost necessary to invest in the Emirates depends greatly on the nature of the company in which you want to work, in addition to the nature of its commercial or economic work as well. But in general, here is some important information about the cost of investing in the UAE:
- If you want to start a business in Dubai, the minimum amount required is AED 11,900. This is to obtain a company license in a free zone, without office space.
- As for obtaining a commercial license in addition to a large office space and one visa quota, the minimum is approximately 17,900 AED.
- As for establishing a limited liability company with a commercial license, the minimum here will be approximately AED 30,000.
- Finally, you must know that choosing the office space is entirely up to the investor. He is the one who determines them, according to the nature of his activity and the volume of his work. Please note that prices vary according to area.
Tips for better investment in the Emirates
In order to become a successful Saudi investor in Dubai or the UAE, here are the following tips:
- Study the market before starting your investment
- Feel free to build a large network of relationships
- Take legal and financial advice
- Invest in real estate
- Don’t underestimate the value of taking advantage of government incentives
- Collaborate with local partners as much as possible
- Stay up to date on economic developments in the region
What is the importance of Tdabeer Company?
Tdabeer Company offers you a very wide range of services for establishing and servicing companies in the United Arab Emirates. Thanks to our highly experienced staff in this field, we will provide you with the following services:
- Registering the company’s trade name after determining it.
- In addition to registering commercial licenses.
- And trademark registration.
- Drafting and editing all required legal contracts.
- Clearing residency procedures for foreign investors.
- Opening all types of bank accounts.
- And completing all legal procedures related to establishing and registering the company.
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