Residence in Dubai

Residence in Dubai, the city of opportunities, diversity and sustainable development, constitutes an attractive destination for many who are looking for residence in an advanced environment that combines modern civilization and cultural heritage. Dubai is very popular among expatriates from around the world, whether for business, investment or holiday reasons. In this article, we will review the factors that make Dubai a distinctive destination for residence, in addition to the role of Itqan Company in providing support and assistance to people who are thinking of moving to this wonderful city.

The role of Itqan Company is considered very important in the process of moving to Dubai, as the company provides specialized services in the field of consulting, management, legal and administrative support for individuals and new companies in the city. Itqan simplifies administrative procedures and provides assistance in dealing with legal and legislative aspects, making it easier for new residents to create a stable and comfortable life in Dubai.

As one of the most prominent consulting companies in Dubai, Itqan provides various services that include establishing companies in Dubai , obtaining licenses and permits, property management, legal and tax consulting, and other services that help facilitate life in Dubai and make it an enjoyable and successful experience for everyone.

This article will explore in detail the advantages of living in Dubai in terms of a thriving economic environment, diverse cultural and entertainment life, well-developed infrastructure, cultural diversity, social and sporting activities, luxury and modern facilities. We will also shed light on the role of Itqan Company and how it provides support to individuals and companies to enjoy all the exciting opportunities and experiences that Dubai has to offer.

Residence in Dubai

Living in Dubai is a unique and distinctive experience that combines modernity, luxury and cultural diversity. Dubai is considered one of the most important global cities that attracts expatriates from all over the world thanks to its rapid development, advanced infrastructure, and the wide range of economic, recreational and cultural opportunities it provides. In this context, we will review some of the main aspects that make staying in Dubai an exceptional experience:

1. Advanced infrastructure:
   Dubai is characterized by a modern and advanced infrastructure that includes international airports, advanced transportation networks, and high-quality public facilities such as hospitals, schools, and commercial centers.
2. A wide range of properties:
   Dubai offers a variety of different properties, from luxury apartments in residential towers, to luxury villas and homes in private communities.
3. Job and business opportunities:
   Dubai provides diverse opportunities for work and investment in various sectors, making it an attractive destination for professionals and businessmen from all over the world.
4. Cultural and social diversity:
   Dubai has a diverse and multicultural society, which provides opportunities to experience different cultures and learn from cultural diversity.
5. Vibrant nightlife and entertainment:
   Dubai has a vibrant and diverse nightlife, in addition to a wide range of leisure activities such as parks, beaches, playgrounds and theme parks.

In general, living in Dubai provides a unique and distinguished living environment that combines luxury, modernity and diversity, making it a preferred destination for living and investment for many around the world.

Your stay in Dubai

Obtain residency by investing in Dubai

Individuals who invest in Dubai can obtain long-term residency under the emirate’s investor residency program. This program is considered one of the ways that encourage attracting foreign direct investments and supporting the local economy. Here’s an overview of how to get residency by investing in Dubai:

1. Eligible investment: The investor must make a qualifying investment in Dubai, such as purchasing a property or investing capital in a local company.
2. Investment value: The value required for residence depends on the type of investment, as real estate investors are required to invest a higher amount compared to corporate investors.
3. Submission of the application: After making the required investment, the investor must submit a residency application through the Federal Authority for Identity and Citizenship or the Immigration Department in Dubai.
4. Evaluation and approval: The residency application is evaluated and examined by the relevant authorities, and this process may require a specific period of time.
5. Accommodation delivery: After the application is approved, the investor is granted a long-term residency permit that allows him to reside and work in Dubai.

Individuals wishing to obtain residency by investing in Dubai must contact Itqan Company to obtain the necessary assistance in all required legal and procedural steps.

The difference between regular residency and residency as an investor

This table summarizes the main difference between regular residency and residency as an investor in Dubai in terms of purpose, conditions, period of residency, financial rights and obligations, and necessary procedures.

Companies available for residents to establish a company in Dubai

In Dubai, residents are allowed to establish several types of companies, and these are some of the main legal forms that residents can look at when they want to establish a company in Dubai :

1. Limited Liability Company (LLC): This is the most common company and requires financial contributions from partners and the formation of a board of directors. The company must have a UAE national shareholder of at least 51%.
2. Public Joint Stock Company (PJSC): This company is suitable for large and medium-sized companies, and its shares are traded on the stock exchange.
3. Private Joint Stock Company (PSC): A PSC is suitable for professionals such as doctors, lawyers, engineers and accountants who want to establish companies to practice their professions.
4. Sole Proprietorship: This structure allows residents to establish a company with sole ownership, but the owner bears full responsibility for debts and obligations.
5. Sole Proprietorship LLC: Combines the advantages of a sole proprietorship and a limited liability company.

Residents should familiarize themselves with the regulations and laws for establishing companies in Dubai which may vary depending on the type of company and economic activity chosen. It is always advisable to consult with Itqan Company before starting the company establishment process.

Advantages for residents to establish a company in Dubai

Among the main advantages of establishing a company in Dubai are the easy regulations, as the emirate provides easy and simplified establishment procedures, which helps speed up the establishment process and start the business quickly. In addition, companies in Dubai enjoy favorable tax advantages, as the emirate does not impose personal or corporate income taxes in most economic sectors.

1. Thriving business environment: Dubai is considered one of the best cities in the world to build a business, as it provides a thriving and supportive investment environment for small, medium and large companies.
2. Ease of establishment: Residents of Dubai enjoy ease in establishing companies, as the emirate provides easy and fast establishment procedures and flexibility in regulatory regulations.
3. Diverse targeting market: Dubai offers a diverse local and global market, giving companies ample opportunities to expand their business and target a large number of potential customers.
4. Facilitated tax regulations: Companies in Dubai enjoy easy tax benefits, as the emirate does not impose taxes on personal or corporate income in most sectors.
5. Distinctive geographical location: Dubai is considered a center for global trade, making it a strategic location for companies that want to access regional and global markets.

These advantages make setting up a company in Dubai an attractive option for residents, as they can benefit from the excellent business environment, government support, and ample opportunities for growth and expansion.

Investing in Dubai

Steps to establish a company in Dubai for residents

When residents consider establishing a company in Dubai, they must consider several important factors such as the type of company desired, the appropriate legal structure, the conditions and licenses required, and the legal and financial procedures required to start the business.

1. Study the idea: Study the market and identify available investment opportunities.
   Determine the type of company you want to establish and the sector it belongs to.
2. Choosing a name and activity: Choose a unique name for the company and ensure it complies with the laws of the emirate.
   Determine the company’s activity and ensure it complies with regulations and licenses.
3. Determine the legal structure: Decide on the appropriate legal structure such as limited liability company (LLC), sole proprietorship, or others.
   Ensure that the structure is compatible with incorporation and investment requirements.
4. Define responsibilities and rights: Define the responsibilities of each partner or shareholder in the company.
   Determine the financial rights and obligations of each partner or shareholder.
5. Obtaining licenses and authorizations: Request the necessary licenses and authorizations from the relevant government agencies.
   You may need a permit from the Federal Authority for Identity and Citizenship and a commercial license from the Department of Economic Development.

Check Dubai’s tax regulations and ensure compliance with them.
Remember that these steps depend on the type of company, economic activity, and local legal details in Dubai, and it is always preferable to consult Itqan to ensure full compliance with applicable laws and legislation.

Our service during your stay in Dubai

Itqan Company is considered a consulting company specialized in the field of establishing companies and providing administrative and legal services in Dubai and the United Arab Emirates. The company is distinguished by its extensive and specialized experience in the field of business management and providing support to clients in all aspects related to investment and residence in Dubai.

1. Company Establishment:
   Itqan provides company establishment services, whether they are sole proprietorships, limited liability companies, or joint stock companies, which helps facilitate the process and comply with local laws.
2. Obtaining licenses and permits:
   The company provides support in obtaining the necessary licenses and permits to practice commercial activities in Dubai, by directing customers to the correct steps and required requirements.
3. Legal and tax consulting:
   Itqan provides specialized legal and tax consulting services, helping clients properly understand and comply with local regulations and laws.
4. Administrative Facilities:
   The company works to provide the necessary administrative facilities, such as arranging meetings and managing documents and correspondence, which helps organize business and increase efficiency.
5. Residence assistance:
   Itqan provides assistance in obtaining residence and work visas for individuals and families, and provides support in administrative procedures related to residency in Dubai.

In short, Itqan Company provides comprehensive services that facilitate the process of residence and investment in Dubai, making it a reliable and effective partner for individuals and companies wishing to benefit from everything this wonderful city has to offer.

Your stay in Dubai

At the conclusion of this article, it can be said that living in Dubai represents a unique and distinctive experience that combines modernity, luxury and cultural diversity, making it one of the most important global cities for living and investment. Itqan Company plays a prominent role in providing support and assistance to individuals and companies wishing to move to this wonderful city.

Itqan Company provides specialized services in the field of consulting, management, legal and administrative support, making it easier for newcomers to have a smooth and successful experience in Dubai. The company works to provide support at every step of the transition, from establishing companies and obtaining licenses and permits, to accommodation facilities and assistance with daily life.

In addition, Itqan helps guide clients to take advantage of the economic and investment opportunities available in Dubai, helping them achieve their personal and professional goals efficiently and successfully.

In this way, it can be said that residing in Dubai with the support of Itqan represents an ideal option for those looking for a stable and comfortable life in an advanced and diverse city, with great opportunities for personal and professional growth and development.

Frequently asked questions about living in Dubai