It has now become possible for any person in the Emirates, whatever his financial ability and financial budget, to start any kind of commercial activities that exist there. This is due to the different living conditions there and the multiplicity of their requirements and expenses. It is also due to the different types of investment and its needs between each emirate and another in the Emirates and their diversity.

We notice a high population rate, an increase in the number of births, and an increase in orientation to the UAE, which led to the need for a lot of diverse and different services necessary for life. It was considered one of the best countries in which you can start a new trade or any new investment of any kind.

How to establish a company in the UAE: –

It is necessary to have and take a business visa in the UAE in order for the investment to take place in the Emirates and you can establish a company in the Emirates or establish a company in a generation on or establish a company in the free zones, in the event that you want to obtain residence in the Emirates for investment and this is for the work of the professionals of the free professions, This requires a business license for work. The price of a work visa ranges from 2,500 dirhams to 16,000 dirhams. This is according to the nature of the free zone in which investment and work takes place in the Emirates.

As companies wishing to establish their business in the free zone or in Jebel Ali enjoy greater flexibility in choosing multiple commercial or service activities that are commensurate with the nature of their work, in addition to this, all that distinguishes these areas from comprehensive tax exemption, and this is considered one of the biggest factors that attract many new contractors , This contributes to revitalizing the investor experience when contracting or establishing companies in the free zone, or establishing companies in Jebel Ali, or establishing a company in the UAE and conducting its business.

Costs of establishing a company in the UAE:

The costs of establishing a company in the UAE are limited to several expenses, as follows:

• The price of obtaining a commercial license (license to practice commercial work).
• The price of buying the website of the office or the company that carries out the business through it, whether it is renting or buying.
• The price of buying things also related to the furniture and decoration of the office or the company in which you do your business.
• The price of issuing and taking work permits for the sponsored employees and the required visas for them under the name of your new company.
• The price of opening a new bank account in the name of the company in a bank, then depositing the minimum capital, according to the type of your commercial activity.
• The price of the costs of the legal form of the company, meaning that it is commercial, industrial, or professional, so it has a fundamental role in determining the cost of establishment. The cost of establishing industrial companies is higher than that of establishing commercial and professional companies.
• Finally, the cost of issuing a commercial license in Dubai.

Residence and investment in the Emirates: –

The UAE is considered one of the best distinguished places in which to invest, but investment in the UAE requires many conditions, and the most important of these conditions is residency in it. We are now clarifying the relationship between investment and residency in the UAE for migrant workers who have excellent investment ideas and capital with their development of an investment plan They want to reside in the Emirates and its relationship to investment.

We will clarify, referring to the impact of residency on investment in the Emirates, how to reside there, the conditions of residency in the UAE in general, what are the best places where they can invest their money there, identify the best sites, and the role of the UAE government in activating and revitalizing investment in the UAE. These questions we answer in this topic.

Residency and investment in the Emirates have a close relationship linked to each other in the multiplicity of commercial activities in Sharjah and the revitalization of the trade and investment market movement, making it one of the best countries in which to invest through skilled migrant workers and owners of capital by establishing several investment companies in order to invest their money in it, and this is an aspect to The UAE government provides services to facilitate the investment process in the UAE. It also works to provide the needs for new projects in all ways and as soon as possible. It works to facilitate all facilities and services necessary to start any kind of these investments. It also works to provide housing in it by reducing the percentage of real estate rents. Or buying it, which makes the purchase of any real estate in the Emirates a real investor there and he has the right to own and invest in it, whatever its value.

Real estate residency in the Emirates is also what leads to real estate investment, and real estate investment in the UAE is the purchase of any building, any residential facility, or any company, or the purchase of a piece of land to establish an investment company on it, but with the availability of several available and absolutely unrestricted conditions.

Steps to establish a company in the UAE:

Despite the facilities provided by the UAE government to establish investment companies there for migrant workers, it has made clear and set several basic conditions that must be adhered to, as follows:

Determine the nature of the company’s activity:

It is necessary to specify the nature of the activity of the company that you want to establish in the Emirates and the multiplicity of activities and differ according to whether it is a commercial activity, a professional activity or an industrial activity, and all of them are economic activities, and we all know that the economic activities in the Emirates are close to twenty thousand multiple economic activities and the UAE government is working on Facilitation in determining the type of this activity.

Determine the legal form of the company:

It is also necessary to determine the legal form of the company so that the competent authorities know in which types of companies your new company adapts. The companies are multiplied according to its legal form into five types, which are (joint partnership, limited liability company, public shareholding company, private shareholding company, civil business company).

Trade name registration:

The trade name in establishing a company in the UAE is what distinguishes any license from the other license. It is also related to the form and activity of the company, and it is approved by several conditions that are stipulated and applied by the Department of Economic Development before approval, namely that the trade name does not contain any inappropriate words in the country, And that the name does not contradict the public and private taste of the country, and that the company name (trade name) accurately and clearly reflects the commercial activity.

Obtaining the initial approval:

After determining the company’s business activity, determine its legal form, know and register its trade name, You must now obtain the initial approval from the competent authorities and bodies for your economic activity for the company, and you must follow up in order to obtain the approval of the authorities related to the activity.

Preparing the Memorandum of Association and choosing a location for your business:

Conclusion or preparation of the contract for the incorporation of a company in Jebel Ali or the incorporation of a company in the free zone Or the establishment of a company in the Emirates is to bring the original Memorandum of Association in agreement between you and the competent authorities in the Emirates or in the free zone, and you must also choose a site for the establishment of the company in Jebel Ali, or the establishment of a company in the UAE, in order to conduct your business in the established companies, it must have a physical address Established and located in the United Arab Emirates.

Obtaining the approvals of the authorities concerned with the activity of the establishment:

Some activities and projects that take place in the UAE require obtaining additional approvals from regulatory authorities specialized in those projects concerned with them, such as approval from the Ministry of Economy, the Ministry of Interior, and the Ministry of Justice and Civil Defense.

Obtaining the license:

After completing all the aforementioned procedures to prepare and establish an investment company in Jebel Ali or Establishing a company in the UAE You can now receive the license to practice the activity for which the company is to be established after attaching many of the required documents and paying the commercial license fees for the establishment of companies, then after registering in the Chamber of Commerce as a member thereof.