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Dubai commercial register

Establishing a company in the Dubai World Central Free Zone

٠٣ مارس Dubai commercial register

The Dubai Commercial Register is considered one of the basic and vital elements that represents the basis for establishing and operating companies in the city. The Trade Register is known as the official register in which all details related to companies and businesses registered in the Emirate of Dubai are recorded, including information about partners, responsibilities, type of activity, address, investment capital, and necessary licenses.

The Dubai Trade Registry plays a crucial role in regulating business activity and ensuring compliance with local laws and regulations. It also contributes to providing a transparent and favorable business environment for investors, which enhances Dubai’s attractiveness as a global business center.

The importance of the trade registry is also to facilitate procedures related to the establishment and subsequent amendments of companies, in addition to its role in providing necessary information to interested parties such as customers, suppliers and investment partners.

In this article, we will explore more about the role of the Dubai Trade Registry, its importance for investors and business owners, as well as how to access it and the services available through it.

 

Dubai commercial register
Dubai commercial register

Basic steps to register a company in the Dubai Commercial Register

To register a company in the Dubai Commercial Registry , you must follow the following steps:

  1. Choosing the type of company: Before starting the registration process, investors must choose the type of business company appropriate for their activity, such as a limited liability company (LLC), a sole proprietorship, a company in a free zone, or a foreign branch.
  2. Choosing a company name: You must choose a unique name for the company that complies with the legal regulations in Dubai. The availability of the chosen name can be checked through the Dubai Department of Economic Development website.
  3. Visit the Department of Economic Development: Investors must visit the Department of Economic Development office in Dubai to submit the required documents and applications.
  4. Financial payments: You must pay the fees required to register the company and obtain the necessary licenses. Fees vary according to the type of company and services required.
  5. Receiving the license and certificates: After approving the application and paying the fees, the company registration certificate and necessary licenses are granted that confirm the legality of the company and allow it to start business.
  6. Opening a bank account: After obtaining licenses, the company must open a bank account in one of the local banks in Dubai to facilitate financial operations procedures.
  7. Compliance with legal controls: The company must comply with all local legal and regulatory controls, such as tax, labor, safety and health.

Commercial registry jobs in Dubai

Commercial registry jobs in Dubai focus on organizing and registering commercial activities in the Emirate of Dubai, and include several basic tasks aimed at supporting the business environment and facilitating commercial procedures. Here are some of the main functions of a commercial registry in Dubai:

  • Registration of new companies: This job includes receiving applications for registration of new companies, and ensuring that all legal and administrative requirements are met.
  • Updating company data: The role of the commercial registry is also to update and amend data of registered companies, such as changes in names, shareholders, and business activities.
  • Issuing commercial licenses: The Dubai Commercial Registry is responsible for issuing the necessary licenses for various commercial activities, based on the type of company and the activities that the company wishes to undertake.
  • Managing legal and legislative systems: The Commercial Registry reviews and applies regulations and laws related to commercial activities, and ensures full compliance with local legislation.
  • Providing consultations and support to companies: The Commercial Registry provides consultations to companies on commercial procedures and licenses, and provides the necessary support to facilitate their operations.
  • Providing information and statistics: The Commercial Register provides information and statistics related to commercial activities in Dubai, which helps in analyzing the market and making strategic decisions.

How to access the commercial register in Dubai?

To access the commercial registry in Dubai and perform procedures related to registering companies or updating their data, the following steps can be followed:

  • Visit the Dubai Department of Economic Development website: You can access the Dubai Department of Economic Development (DED) website online.
    Make sure to choose the section dedicated to the commercial registry or commercial services.
  • Register as a new user or log in: If you do not already have an account, you may need to register as a new user through the site.
    If you have a previous account, log in using your username and password.
  • Choosing the required service: Once you log into your account, choose the service you would like to perform, such as registering a new company, updating the data of an existing company, or requesting a new commercial license.
  • Fill out the forms and submit the required documents: Follow the steps directed through the website and fill out the required electronic forms accurately.
    You may be asked to upload or submit certain documents, such as personal documents, certificates of incorporation, and employment certificates, depending on the type of service you are requesting.
  • Pay Related Fees: Once you have filled out the forms and submitted documents, you may need to pay fees related to the service you requested.
    Use the electronic methods available for payment through the website.
  • Follow up on the status of the application: Once the application is submitted and the fees are paid, you can follow up on the status of the application through the website to ensure that the procedures have been completed and that the necessary approvals have been obtained.

Types of companies that can be registered in Dubai

In Dubai, several types of companies can be registered according to the needs of the business and local legislation. Here are the most prominent types of companies that can be registered in Dubai:

  1. Limited Liability Company (LLC): This is the most common type of company in Dubai and the UAE. A limited liability company has a legal personality independent of its shareholders, and shareholders’ liability is determined by a certain percentage of the company’s registered capital.
  2. Sole Proprietorship Company: Also known as the “sole individual company”, the contribution to it is made by only one person. A sole proprietor is fully responsible for the debts and financial obligations of the company.
  3. Company in a Free Zone: Free zones in Dubai are special economic zones that provide an improved investment environment, with tax exemptions and bureaucratic facilities. Companies in free zones enjoy full ownership rights of foreign shareholders without the need for a local partner.
  4. Branch of a Foreign Company: A foreign company can establish a branch in Dubai to represent it and carry out its commercial activities. The foreign branch operates in accordance with the main activity of the parent company, and has a legal personality independent of the parent company.
  5. Partnership: A partnership is another form of company in which the company is established with the participation of several people as partners. A partnership can be a general partnership or a limited partnership, and the liability of the partners varies based on the type.
  6. Public Joint Stock Company: A public joint stock company is considered a company whose capital is divided into tradable shares in the public financial market. Establishing this type of company requires compliance with the conditions specified by financial oversight bodies.

Permits that my company may need in Dubai

The business permits your company may need in Dubai vary based on the type of business activity, geographic location, and local legislation. Here are some common permits your business may need in Dubai:

  • Establishment permit and basic license: This permit allows the company to legally start its business and determine the scope of activities it can carry out.
  • Commercial License: This is the basic permit for most commercial companies. The company is allowed to carry out its specified business activities in Dubai.
  • Construction Permit: If your company works in the construction and civil engineering sector, you may need a building permit for new projects or modifications to existing buildings.
  • Industrial License: If your company operates in the industrial and manufacturing sector, you may need an industrial permit that allows you to produce and manufacture products.
  • Professional Services Permit: If your company provides professional services such as medicine, law, or engineering consulting, you may need a professional permit that allows you to practice these services.
  • Employment Permit: If your company intends to employ foreign employees, you may need an employment permit from the Dubai Immigration, Passports and Nationality Department.
  • Tourism and Travel License: If your company operates in the tourism and travel sector, you will need a special permit that allows you to organize tourist trips and travel.
  • Food and Health Permit: If your business operates in the food and beverage industry, you will need a permit from local health authorities to ensure compliance with food safety standards.

The benefits that Dubai Commercial Register provides to investors

Commercial registration in Dubai provides several benefits and advantages to investors who establish their companies or conduct business in the emirate. Here are some of the key benefits that Dubai Commercial Registration provides:

  1. Transparency and integrity: The commercial registry helps enhance transparency and integrity in the commercial market, as all companies are registered and public information about them is provided, making it easier for the public and investors to access the necessary information.
  2. Legal protection: The commercial registry gives companies the necessary legal protection in the event of disputes or legal problems. Registration allows companies to use the judicial system to protect their rights and develop their business safely.
  3. Formal recognition: A commercial registry gives companies official recognition and confirms their legitimacy, which helps build trust between business parties and potential customers.
  4. Access to global markets: Thanks to internationally recognized legal standards, the Dubai Commercial Register facilitates companies’ access to global markets and international partnerships, enhancing opportunities for international growth and expansion.
  5. Commercial reputation: Registration in the commercial registry helps build a strong commercial reputation for the company, as compliance with local laws and regulations reflects adherence to global standards in business.
  6. Access to government support: The Dubai government provides strong support to companies registered in the commercial registry, by providing logistical services, facilities, financing programs, and technical support that contribute to stimulating innovation and growth.
  7. Investment potential: Dubai, as a leading economic center, attracts international investors thanks to its advanced commercial record and modern investment environment that provides diverse and rewarding investment opportunities.

At the conclusion of our article on the Dubai Commercial Registry , it can be said that establishing a company in Dubai requires adherence to precise and diverse procedures that vary according to the type of company and the region in which it is established. The commercial registry in Dubai provides a favorable environment for business thanks to its continuous development and advanced legislative facilities, whether the company is inside or outside a free zone. Thanks to the efficient management of registration and commercial transactions, the Dubai Commercial Register contributes to making administrative procedures smoother and more effective, which enhances Dubai’s attractiveness as a global investment destination. Therefore, benefiting from the services of the Dubai Commercial Registry represents a vital step for businessmen and new and existing companies alike, with the aim of achieving success and growth in a market that is constantly growing rapidly.

The most important frequently asked questions about Dubai commercial registration

What is the trade registry in Dubai?

The Dubai Trade Register is a database that maintains records of companies and commercial activities registered in the Emirate of Dubai. This registry is regulated by the Department of Economic Development (DED) in Dubai.

How can I inquire about companies registered in the Dubai Trade Register?

You can inquire about companies registered in the Dubai Trade Registry via the Department of Economic Development website. You must have specific information such as company name or business registration number to be able to search.

Is it possible to obtain a copy of a company’s registration from the Dubai Trade Registry?

Yes, you can obtain a certified copy of a company’s registration from the Dubai Trade Registry by requesting the certified copy from the Department of Economic Development, provided that you have the necessary authorization to obtain this copy.

Is it possible to change the company information registered in the Dubai Trade Registry?

Yes, it is possible to update and change the company information registered in the Dubai Trade Registry by submitting amendment and update requests to the Department of Economic Development. This work must be done with the approval of shareholders in accordance with specified procedures.

Can I verify that a company’s information is correct in the Dubai Trade Registry?

Yes, you can verify the accuracy of a company’s information in the Dubai Trade Registry by visiting the Department of Economic Development’s website and using the company inquiry service. You can enter the company name or business registration number to get updated information.