Notes

Establishment of a company in Dubai
Dubai is one of the best places for investors to set up their own businesses, due to several reasons, including Dubai being a center of power in the Middle East in terms of economics, specifically oil. It may be thought that establishing a company in Dubai is difficult, but the fact is that establishing a company in the UAE is easy, but it depends on the quality of the project and market research, and the development of future plans to ensure the success of the project significantly. All these factors determine the success or failure of the project in the future. The easy way to set up an investor company is to buy a pre-existing company in Dubai or work in the free zone, which the UAE government established in 1985, which obliges the investor to establish a company with a UAE national.
Steps to establish a company in Dubai:
• It is natural to establish a company that is conducting a full study of the project to ensure its success and failure in the future. A study should be carried out for the needs of the population in the area in which the investor intends to establish the company. Where you should focus on a specific area of your company to ensure its success. تأسيس شركة فى دبي of the needs of citizens in the region helps to improve the level and performance of the company later.
• It is always recommended for the owners of companies at the beginning of their project to put the amount of money estimated about $ 10,000 and up to $ 50 thousand in a bank in Dubai, until the statement of account is submitted to the Ministry of Commerce and the purpose of this step is to give guarantees to the state that you are able to pay any dues In the future. The investor can withdraw the money again or spend it freely after obtaining the company's statement of account.
• Certainly, working without a partner is better, but you can get a partner in your company because that is now necessary from the UAE government. If this partner has strong relations with the officials, it will facilitate many things and save a lot of time. But the partner must receive 51% of the company's share. This is a special problem if the investor wants to liquidate the business in his company.
• It is always advisable for new investors and business owners to make a residence visa and be sure to choose a good location to create your own company. And the selection of a staff with a long amount of experience in the field, which help facilitate business later and interest in completing all bank papers.
Tips to ensure success
• After the UAE government is obliged to work in partnership with one of UAE nationals with the foreign investor to ensure acceptance of the company, it is recommended to make a written agreement between the two parties, which requires the UAE citizen to recognize that the investor is the owner of the company. Surely a monthly payment will be paid to the UAE citizen. The papers.
• Despite the strong measures being taken by the UAE government. However, it should be noted that the government always encourages investors to set up projects on the UAE land and provides many facilities to ensure the revitalization of the commercial movement in the country.
• Some of the sectors and companies being institutionalized by investors are heavily affected by oil prices.

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