One Central – Offices No. 4 Dubai | Office: +971 45686046
ITQAN is a company that specializes in business setup and business growth

Investing in Dubai

٢٠ ديسمبر Investing in Dubai

Investing in Dubai, investing in Dubai is one of the distinguished options sought by many investors from all over the world, thanks to the city\’s advanced business environment and laws that encourage the growth of companies and projects. Dubai is considered one of the most prominent global destinations for investment due to its strategic location linking the markets of the Middle East, Asia, Africa and Europe, facilitating access to many global markets. The local economy in Dubai continues to grow and prosper, reflecting the continuous expansion of infrastructure projects, technological innovation and sustainable trends. Dubai is an ideal destination for foreign investors thanks to its flexible laws that allow 100% ownership of companies in many free zones, in addition to providing a safe and competitive investment environment with tax exemptions and special incentives. By focusing on economic diversification, Dubai is one of the cities that provide distinct opportunities in many sectors such as real estate, technology, tourism, trade and renewable energy. Dubai also has an advanced banking system and first-class financial services, which enhances its ability to attract local and international capital. Given these and other advantages, Dubai is an ideal environment for business development, and therefore investing in it is an attractive option for investors seeking success and growth. Many investors cooperate with specialized companies such as Itqan Company, which provides consulting and support services in establishing companies and guiding investors through legal and logistical procedures, which facilitates the process of entering the UAE market smoothly.

Advantages that investors get in Dubai
Dubai is one of the most prominent investment destinations in the world thanks to its advanced and stable economic environment, and it also offers many advantages that make it the ideal choice for investors from all over the world. This is due to its flexible and investment-stimulating economic policies, in addition to providing many tax incentives and legal facilities. Thanks to these factors, Dubai has become a magnet for investors looking for growth opportunities in new and diverse markets. In this article, we will review the advantages that investors get in Dubai.

Advantages that investors get in Dubai:

Tax exemptions: One of the most prominent advantages of investing in Dubai is the tax exemptions provided by the government. There is no personal income tax or corporate tax in many free zones, allowing investors to keep a significant portion of their profits.

Full business ownership: In most free zones, foreign investors can own 100% of the company without the need for a local partner, giving them the ability to run their business with complete freedom.

Easy company formation procedures: Establishing companies in Dubai is quick and easy through simplified procedures and facilities provided by government agencies, saving investors time and effort.
Advanced infrastructure: Dubai is considered one of the most advanced cities in terms of infrastructure, as it provides modern transportation networks, advanced technical facilities, and world-class air and sea ports, which contribute to facilitating business operations.
Access to global markets: Dubai is a major link between Asian, European and African markets, giving companies opportunities to access new and diverse markets.

Economic and political stability: Dubai provides an economically and politically stable investment environment, which enhances investor confidence and makes it a safe investment destination.
Ease of obtaining residency for investors: Investors in Dubai are given the opportunity to obtain long-term residency visas for themselves and their families, making it easier for them to manage their businesses and lives in the city.

Advanced financial systems: Dubai offers a world-class banking and financial system, with a wide range of banking options and financial services that support corporate investments.
With these advantages, Dubai has become a leading investment destination in the region, providing a favorable environment and multiple resources for investors to expand their businesses and achieve sustainable growth.

Types of Business Licenses Obtainable in Dubai
Dubai is one of the most attractive investment destinations in the world, providing a flexible and advanced economic environment for both local and international investors. In its continuous efforts to promote commercial activity and facilitate business, Dubai offers various types of business licenses that suit different sectors and activities. Investors can choose the appropriate license based on the type of business they intend to establish, helping them start and grow their businesses easily and legally. Through these licenses, investors can expand their businesses within an environment governed by laws that guarantee their rights and give them opportunities for success. In this article, we will discuss the types of business licenses that can be obtained in Dubai.

Types of business licenses in Dubai:

Commercial License (Mainland License): This is the most common license in Dubai and is granted to businesses that will operate in the local market within Dubai or other emirates. This license allows companies to operate outside the free zone and deal with government companies, and it also allows them to carry out domestic and international business activities.
Free Zone License: This license is granted to businesses established in one of the free zones in Dubai. This license provides benefits such as 100% ownership of the company, tax exemptions, ease of import and export, and access to international markets.

Industrial License: This license is granted to factories and companies operating in the industrial sector, including manufacturing, production, and transformation industries. This license also requires some special requirements such as the equipment and machinery needed for production processes.

Professional License: This license is granted to businesses that provide professional services, such as law, consulting, design, and medicine. This license is characterized by high flexibility in employment and financing processes, as foreign investors can fully own the company without the need for a local partner.

E-Commerce License: This license is granted to businesses that focus on e-commerce or providing services online. It includes companies that sell products and services online in local and international markets.
Tourism License: This license is granted to businesses operating in the tourism sector, such as travel agencies, hotels, and tour operators. Obtaining this license allows companies involved in providing various tourism services in Dubai.

Healthcare License: This license is intended for institutions that provide healthcare services, such as clinics, hospitals, and pharmacies. It requires strict standards of quality and health safety.

Educational License: This license is granted to businesses operating in the field of education and training, such as private schools, training centers, and universities. This license provides educational institutions with the opportunity to provide academic and training programs.

Financial License: This license is granted to financial institutions such as banks, insurance companies, and investment funds. This type of license is specific to companies operating in the financial and banking sector.
There are many commercial licenses in Dubai to cover various economic sectors, which contributes to providing wide opportunities for investors and businessmen from all over the world.

Procedures for establishing a company in Dubai
Establishing a company in Dubai is an important strategic step for those wishing to enter the UAE market and expand in the region\’s markets. Dubai is distinguished by its strategic location and advanced infrastructure, making it one of the preferred destinations for international investment. To establish a company in Dubai, a series of legal and administrative procedures must be followed that ensure compliance with all local laws and regulations. These procedures vary depending on the type of company to be established and the field in which the company will operate, whether in free zones or in Dubai mainland. Through these procedures, it is easy for investors to complete the process of establishing their companies quickly and efficiently while ensuring their compliance with UAE laws. In this article, we will discuss the basic procedures required to establish a company in Dubai.

Procedures required to establish a company in Dubai:

Choosing the type of business activity: First, you must determine the type of business activity you wish to practice, as the type of activity determines the required licenses and the type of company (free zone or ports).

Choosing the form of the legal entity: Determining the legal form of the company is an essential step, such as whether it will be a limited liability company (LLC), a sole proprietorship, a commercial company, or other. This form determines the rights and duties of partners and investors.
Determine the location: The investor must determine whether the company will be located in a free zone or on the mainland of Dubai. If the company will operate in the free zone, specific procedures will be followed for each area. In the case of Dubai mainland, the location of the headquarters that will deal with the local market must be determined. Choosing a trade name for the company: The investor must choose a trade name that is consistent with the type of activity and respects the local laws regarding trade names. The name must be unique and not used by other companies.

Obtaining the necessary licenses: Depending on the type of activity, the appropriate commercial license is applied for, whether commercial, industrial, professional, or other. The license can be applied for through the Department of Economic Development in Dubai or through the free zone.

Submitting the required documents: This includes submitting a copy of the passport, residence visa, lease contract for the premises, articles of association, and details of partners or investors. There may be additional requirements depending on the type of activity and field.

Opening a commercial bank account: After obtaining the license, a commercial bank account must be opened in the name of the company. Investors can choose from several local and international banks in Dubai.

Completing the final procedures: After completing all the previous steps, the commercial license can be obtained and all the incorporation procedures completed. At this stage, the company is ready to operate in the local and international market.
Establishing a company in Dubai requires following these steps carefully to ensure that the business is started legally and effectively, and investors can obtain support by hiring professional business consultants to ensure compliance with all requirements.

Learn about investing in Dubai
In conclusion, investing in Dubai is a golden opportunity for investors from all over the world, as the city provides a unique investment environment thanks to its strategic location in the heart of the Middle East and its advanced facilities that make it a global economic center with a strong reputation. Investment opportunities in Dubai are diverse and include many sectors such as technology, tourism, real estate, and renewable energy, making it an ideal environment for small and large projects alike. Its advanced financial system and encouraging laws help attract foreign investments, as it includes tax incentives and distinct exemptions, in addition to facilitating the process of establishing companies and owning them 100% in free zones. In addition, Dubai provides strong commercial networks and global commercial centers, which contribute to accelerating commercial growth and expansion in international markets. For investors who aspire to enter the UAE market easily, specialized companies such as Itqan Company come into play, providing full support through legal consultations, company establishment procedures, and strategic guidance in line with the needs of investors, helping in making sound decisions and achieving success. Itqan aims to facilitate complex procedures and ensure projects are implemented efficiently, which contributes to accelerating the establishment process and ensuring its sustainability in a competitive business environment. Therefore, investing in Dubai with local partners such as Itqan is a strategic step towards achieving success and growth in one of the fastest developing markets in the world.

Frequently Asked Questions about Investing in Dubai
What are the benefits that investors get in Dubai?
Dubai offers many benefits to investors such as tax exemptions, the ability to own companies by 100% in free zones, an advanced business environment, a world-class infrastructure, and multiple investment opportunities in various sectors such as real estate, trade, technology and tourism.

Can foreign investors open companies in Dubai?
Yes, foreign investors can establish companies in Dubai, whether in free zones or by establishing companies in Dubai Mainland, provided that they comply with local laws. In many free zones, foreign investors can own companies by 100%.

What are the types of business licenses that can be obtained in Dubai?
There are several types of business licenses in Dubai, including general commercial licenses, industrial licenses, tourism licenses, and professional activity licenses. The type of license depends on the type of activity the investor intends to undertake.

Are there any tax exemptions for investors in Dubai?
Yes, Dubai offers many tax incentives such as a full exemption from personal income tax on profits, in addition to exemptions from corporate taxes in most free zones.

What are the procedures required to establish a company in Dubai?
To establish a company in Dubai, the investor must choose the type of company, choose a trade name, obtain a trade license, open a bank account, and register the company with the Department of Economic Development or the free zone, depending on the type of company.