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Methods and requirements for opening a commercial register in Dubai

مزايا التعاقد مع مكاتب انشاء شركة فى دبى

٣١ مارس Methods and requirements for opening a commercial register in Dubai

pening a commercial register in Dubai is an essential and necessary step for those wishing to start a business in the Emirate of Dubai, as the Emirate provides a developed and encouraging investment environment that attracts entrepreneurs from all over the world. Dubai offers easy and efficient procedures for establishing companies, whether small or large, making it easier for investors and contractors to start their projects quickly and efficiently.

Opening a commercial register in Dubai and registering companies in Dubai requires compliance with a set of legal and administrative procedures, which include choosing the appropriate type of business activity and registering with the relevant authorities, submitting the necessary documents and providing accurate information about shareholders and managers. Dubai also provides multiple options for places where companies can decide to locate, including distinguished business districts and free zones that offer tangible financial and administrative advantages.

Methods and requirements for opening a commercial register in Dubai
Methods and requirements for opening a commercial register in Dubai

Requirements for opening a commercial register in Dubai

Here are the most important requirements for opening a commercial register in Dubai :

Getting the approval

First, approval must be obtained, through which all procedures related to the client are completed in the relevant government departments, by requesting electronically or visiting the pledge centers.

Obtain a trade name

Reserve the trade name available for the trade license through the website or by visiting the Economic Service Center in Dubai. The name can also be obtained before initial approval.

Obtaining a commercial license

Submit an application for a commercial license through the website or by visiting the Economic Service Center in Dubai.

License renewal

This is done via text messages and writing the license number in it, and the Economic Service Department will respond to you with the payment authorization for the renewal or via the website.

Ways to open a commercial register in Dubai

There are several steps that must be taken in order to open a commercial register in Dubai, which we mention in the following points:

  • Attach the documents and papers that were previously extracted during the commercial license application, and send them to the Dubai Economic Development Authority.
  • Pay all fees related to the commercial license.
  • Register in the Chamber of Commerce as a member.
  • Adding the capital value to the commercial registry papers.
  • Finally, the commercial register must be received.

If you need to own a company in Dubai and are looking for an agent to help you open a commercial register in Dubai accurately, you can contact us and one of our experts will assist you in all procedures without requiring you to make an effort or waste time.

Advantages of opening a commercial register in Dubai

Opening a commercial register in Dubai allows investors and entrepreneurs to benefit from several advantages and opportunities that make it a preferred destination for international business. Here are some of these features:

  • Advanced investment environment: Dubai provides an advanced and encouraging investment environment that supports the establishment and growth of companies thanks to its modern legislation and flexibility in commercial systems.
  • Access to global markets: Thanks to its strategic location and connectivity to many major markets, companies in Dubai can easily access global markets.
  • Government Facilities: The Dubai Government provides a range of government facilities and support to companies, such as simple registration and licensing procedures and logistical support.
  • Advanced infrastructure: Dubai is characterized by a modern infrastructure that includes international airports, large sea ports, and advanced logistical facilities, which facilitates import, export and transportation operations.
  • Various free zones: There are multiple free zones in Dubai that offer financial and administrative benefits such as exemption from customs duties and facilitating practical laws.
  • Diversity of economic sectors: Companies in Dubai can work in various economic sectors such as trade, industry, financial services, and technology.
  • Quality of life and entrepreneurial culture: Dubai provides a high quality of life and an entrepreneurial cultural environment that attracts global talent and contributes to attracting human talent.

In short, opening a commercial registry in Dubai is a strategic step that gives companies multiple opportunities for growth and expansion at the local and global levels, benefiting from an advanced economic environment that supports business.

Documents required to open a commercial register in Dubai

To open a commercial register in Dubai , you need to submit several papers and basic documents. These are the documents usually required:

  1. Company registration form: You must fill out and sign the company registration form, which includes basic information about the company such as its name, type of activity, and shareholders.
  2. A copy of the passport: for both shareholders and directors of the company, with a certified copy of their signatures.
  3. Personal photos: for shareholders and directors.
  4. Lease contract or rental license: to determine the company’s place of business.
  5. Business plan: A detailed description of the company’s activities and future plans.
  6. No objection certificate from the local authorities: proving that there are no legal obstacles preventing the opening of the company.
  7. Non-bankruptcy certificate: from each shareholder.
  8. Financial report: for some specific business activities.
  9. Commercial advertising permit: from Dubai Municipality.

All paperwork must be complete and certified according to local legal requirements. Investors should refer to the relevant government authorities in Dubai or obtain advice from local legal advisors to ensure full compliance with procedures and requirements.

The cost of opening a commercial register in Dubai

The cost of opening a commercial register in Dubai is affected by several factors, including the type of company, location and chosen business activity, and this can include:

  1. Registration fees: Depends on the type of company and location, and may vary between Free Zones and other areas in Dubai.
  2. Legal and advisory services costs: If you need legal counsel to help you with the process.
  3. Licenses and Permits Fees: There may be fees to obtain the necessary permits for your business.
  4. Rental costs: for the company’s workplace, whether it is in an office within a free zone or in a commercial area.
  5. Labor and Human Resource Costs: If you plan to hire employees.

It is important to consult Itqan Company consultants and specialists in Dubai to obtain precise details about the potential costs and procedures required to open a commercial register, in order to ensure accurate financial planning and compliance with legal requirements.

Conditions for opening a commercial register in Dubai

To open a commercial register in Dubai, here are some basic conditions that must be adhered to:

  1. Company type: You must specify the type of company required, whether it is an individual company, a joint stock company, or any other type that suits your planned business activity.
  2. Shareholders and Directors: The identities of shareholders and directors must be determined and the necessary documents must be provided to them.
  3. Place of work: The company’s main business location must be determined, whether it is in a free zone or a commercial area within Dubai, with the lease contract or rental license provided.
  4. Commercial activities: You must determine the commercial activities you intend to carry out and ensure that they comply with the legally permitted activities in Dubai.
  5. Licenses and Permits: You must obtain the necessary licenses and permits to practice your business activity, and this may include permits from Dubai Municipality and other relevant government agencies.
  6. Financial Conditions: There may be specific financial conditions that require the basic capital of the company, and the required financial documents must be provided.
  7. Legal Compliance: You must comply with all local and national laws and regulations in Dubai, including labor, tax, intellectual property, etc. laws.

Dubai provides an advanced legal and regulatory environment that facilitates the process of opening companies, but it is important to ensure that all specified conditions are met and to communicate with the competent authorities to ensure full and smooth compliance with the procedures.

 

Advantages of opening a commercial register in Dubai
Advantages of opening a commercial register in Dubai

Itqan Company services in opening a commercial register in Dubai

Itqan Company provides a wide range of services to help you open a commercial register in Dubai in a professional and efficient manner. Among the services provided by Itqan Company:

  • Legal and regulatory advice: Providing legal advice on the necessary steps and local conditions for opening companies in Dubai.
  • Document Preparation: Assist in preparing and organizing all documents necessary for company registration, including forms and contracts.
  • Location arrangements: Assistance in selecting and arranging the appropriate location for the company’s headquarters, whether in a free zone or a commercial area in Dubai.
  • Government Registration: Complete registration procedures with the relevant government agencies in Dubai, including submitting applications and paying the required fees.
  • Logistical and administrative support: Providing support in the basic logistical and administrative processes that facilitate the process of establishing the company.
  • Follow-up and ongoing support: Providing follow-up and ongoing support services after establishment, such as renewing licenses and permits and risk management.

Itqan Company helps you benefit from its extensive experience and knowledge in the business environment in Dubai, to facilitate the process of opening and managing companies in an effective and integrated manner.

At the conclusion of this article, it can be said that opening a commercial registry in Dubai represents a crucial strategic step for investors and entrepreneurs who seek to benefit from a developed and encouraging business environment. Dubai has advanced infrastructure and facilitating commercial legislation that facilitates the process of establishing companies and provides broad opportunities for growth and expansion at the local and global levels.

By adhering to legal conditions and procedures, and utilizing specialized services such as those provided by Itqan, investors can achieve success and stability in the dynamic Dubai market. Opening a company in Dubai is not just a business launch, but rather a strategic investment that opens doors to economic opportunities and sustainable growth in the modern and advanced emirate of Dubai.

  Frequently asked questions about opening a commercial register in Dubai

What are the main benefits of investing in opening a company in Dubai?

Benefits include easy access to regional and global markets, advanced infrastructure, a favorable business environment, and strong government support for companies and investors.

What are the expected costs of opening a commercial registry in Dubai?

Costs vary based on the type of company and its location, and include registration fees, costs for legal and consulting services, licensing and permit fees, and rental and human resources costs if necessary.

How long does it take to establish a company in Dubai?

The duration of establishing a company can vary depending on its type and specific procedures, but usually ranges from approximately two weeks to two months, depending on whether all procedures and requirements are completed correctly.

What are the free zones in Dubai and what are their benefits?

Dubai’s free zones include areas such as Jebel Ali, Dubailand, and Dubai Maritime City, and offer benefits such as customs exemptions, low duties, and simplified administrative procedures.

What are the main requirements to open a commercial register in Dubai?

Requirements include identity documents for shareholders and directors, a lease contract or rental license for the workplace, company incorporation documents, and necessary licenses depending on the company’s activity.