Opening a commercial register in Dubai is an essential step for anyone wishing to enter the world of business in one of the most vibrant and prosperous economic markets in the world. Dubai, with its strategic location as a global business hub, provides an ideal environment for investors and entrepreneurs from all over the world. Obtaining a commercial register in Dubai allows you to establish a legal entity that can carry out commercial activities legally and effectively. The process of opening a commercial register includes a set of steps and procedures aimed at ensuring that the business adheres to local laws and regulations, which contributes to enhancing the stability and growth of the business. In this article, we will review the most important steps and requirements necessary to obtain a commercial register in Dubai , and how to benefit from the opportunities provided by this leading city.
What is a commercial register in Dubai?
The commercial registry in Dubai is an official document that proves the registration of a business activity in the emirate, and is an essential step for any business that wants to practice its activity legally. The commercial register is considered a company’s identity card, as it includes details such as the company name, type of activity, and office address. To obtain a commercial register, companies must submit a set of documents such as a passport, Emirates ID card, lease contract, and approval from the competent authorities if necessary. It should be noted that registration also requires choosing a trade name that complies with local laws. The commercial register provides companies with the authority to operate legally, opens the way for them to deal with government agencies and banks, and helps enhance their credibility in the market.
Opening a commercial register in Dubai
Investors resort to establishing companies and opening a business account in Dubai because of the advantages that accrue to them, and we review some of these advantages in the following points:
- The city of Dubai is characterized by a distinctive strategic location linking East to West.
- Dubai is one location for investments and is rapidly developing as a global market.
- Dubai is characterized by tremendous development and investment opportunities.
- Diversity of investment opportunities, the most prominent of which is commercial investment.
- Speed of business and project growth in the short term.
- Dubai has a strong, world-class, rapidly developing and high-quality infrastructure.
- Many advantages while staying in Dubai.
- Dubai enjoys economic and industrial growth in all fields.
Steps to open a commercial register in Dubai
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. Here are the most important steps to open a commercial register in Dubai
- Obtaining approval: Approval must be obtained through which all procedures related to the client are completed in the relevant government departments, by requesting electronically or visiting pledge centers.
- Obtaining the 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 to obtain a commercial license through the website or by visiting the Economic Service Center in Dubai.
- Renewing the license: 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 through the website.
To open a commercial register in Dubai , you must adhere to a number of conditions and procedures. Here are the most important conditions:
- Determine the type of business activity : You must determine the business activity you wish to practice and determine whether the activity requires a special license.
- Choose a company type : You can choose from several types of companies such as a limited liability company (LLC), a sole proprietorship, or a branch of a foreign company.
- Providing the required documents : It is required to prepare the documents required to open a commercial register in Dubai.
- Choosing a trade name : The trade name must be compatible with local laws and not used by other companies.
- Submitting an application for a commercial license : After collecting the necessary documents, an application must be submitted for a commercial license from the Department of Economic Development in Dubai.
- Securing the necessary approvals : Some commercial activities may require approvals from other regulatory bodies or bodies.
- Opening a commercial bank account : A bank account must be opened in the name of the company for easy money management.
- Pay the required fees : Fees vary depending on the type of license and commercial activity.
- Registration in the Emirates Commercial Licensing System : You must register in the Commercial Licensing System to complete the company registration process. By following these steps, you can open a commercial register in Dubai legally and effectively.
To open a commercial register in Dubai, you need to submit a set of basic documents. Here is a list of required documents:
- Passport : A copy of the passport for all partners and managers.
- Emirates ID Card : A copy of the Emirates ID card for all partners and managers.
- Lease Contract : The lease contract for the company’s headquarters or office, which must be valid.
- Commercial activity license : If a similar commercial activity exists, a copy of the previous license must be submitted if it exists.
- Business Plan : Can be required to explain the nature of the business and future plans.
- Approval from relevant authorities : For some commercial activities, you may need to obtain prior approval from relevant government bodies.
- Permission from partners : If there are foreign partners, approval may be required from the Ministry of Economy or other government agencies.
- Trade name : Choosing and registering the desired trade name.
- Authorizations : A certified authorization for the person authorized to sign on behalf of the company (if there is an authorized person).
- Previous commercial register : If the company wishes to renew a commercial register or change activity, it may require submitting the previous commercial register.
Make sure to check with the Dubai Department of Economic Development for an up-to-date list of documents and documents required, as requirements may vary based on the type of business and company.
Itqan Company services in the commercial registry in Dubai
Itqan Company provides a range of integrated services related to commercial registration in Dubai, which helps companies speed up the registration process and comply with local laws. Itqan services in this field include:
- Legal advice: Providing comprehensive legal advice on commercial registration requirements and commercial activities, including choosing the appropriate type of company and commercial activity.
- Preparing documents: Assisting companies in preparing and compiling all documents necessary to obtain a commercial register, such as a passport, ID card, and lease contract.
- Choosing a trade name: Assisting companies in choosing and registering the appropriate trade name in accordance with local laws and regulations.
- Registration procedures: Dealing with bureaucratic procedures and submitting registration applications to the Dubai Department of Economic Development, saving time and effort for customers.
- Obtaining approvals: Dealing with government agencies to obtain the necessary approvals for certain activities that may require additional permits.
- Providing technical support: Providing support in the event of any problems or inquiries related to the commercial registry or registration processes.
- Renewing and amending records: Assisting in renewing commercial records or making the necessary amendments when changing activity or partners.
Itqan’s services contribute to simplifying the company registration process and ensuring full compliance with local laws, allowing companies to focus on developing their business without worrying about bureaucratic aspects.
At the conclusion of our article about the advantages of opening a commercial register in Dubai , we can emphasize that this step is an essential key to achieving success and benefiting from the many opportunities that the emirate offers. Dubai, with its flexible economic environment and advanced infrastructure, provides an ideal environment for businesses of all sizes. Registering in Dubai gives companies access to a broad, multicultural market, and gives them the opportunity to benefit from government incentives and tax concessions. Moreover, the commercial register contributes to enhancing the company’s credibility and provides it with the necessary legal base to deal with government agencies, banks, and customers. Thanks to these advantages, opening a commercial register in Dubai becomes a vital strategic step for investors and companies wishing to expand and succeed in one of the most prominent global markets.
Frequently asked questions about opening a commercial register in Dubai
What is the commercial register in Dubai?
The commercial registry is an official document that proves the registration of a business in Dubai, and is considered an identity card for the company. It shows details such as company name, activity type, and office address.
What documents are required to open a commercial register in Dubai?
Required documents include: passport, Emirates ID card, lease contract for the company’s headquarters, choosing a trade name, and sometimes permits from competent authorities depending on the type of activity.
How long does the process of obtaining a commercial register in Dubai take?
The process of obtaining a commercial register usually takes from several days to two weeks, depending on the speed of submission of the required documents and approvals.
Does the investor have to have a physical headquarters in Dubai to open a commercial register?
Yes, obtaining a commercial register requires a lease contract for a physical headquarters of the company in Dubai.
What types of business activities can be registered in Dubai?
A variety of business activities can be registered in Dubai, including general commercial, industrial, and service activities. Some activities may require special approvals.
