What are the procedures for registering a company in Dubai? If you are thinking about an encouraging start for your business that guarantees you a strong investment environment and climate, fortified with effective laws, high-quality infrastructure, and encouraging commercial advantages, then you should immediately go to the Dubai Economic Department to start establishing a company in Dubai at a low cost, as this Benefits only available in Dubai. Not only is Dubai the most famous destination for businessmen in the world, it also ranks high in the field of business establishment, but also because there are several reasons that make Dubai your best choice for establishing your business. Through this article, we will learn about how to register a company in Dubai and the advantages resulting from this matter.

Requirements for setting up a company in Dubai

The goal of Federal Law 2 of 2015 regarding commercial companies is to encourage and develop the business environment and the country’s economic capabilities by regulating the work of companies in accordance with global changes, especially those concerned with regulating the rules of governance. The Commercial Companies Law in the Emirates was a strong supporter of the flow of foreign investment from Through encouraging provisions, simple, low-cost and quick-to-achieve procedures.

Establishing  companies in Dubai requires complex procedures, but you must know their requirements and how to accomplish them. Establishing a company in Dubai is not complicated, as some steps can be completed in one day. All you have to do is know the necessary steps, including:

1. Choosing the type of company: You must specify the type of company you wish to establish (free zone company, local company, or external company).
2. Determine the business activity: Choose the appropriate business activity for the company and ensure its compliance with the regulations and laws in Dubai.
3. Choosing a company name: Choosing a suitable name for the company according to the criteria specified by the Department of Economic Development in Dubai.
4. Submitting a registration application: Submitting an initial application to register the company to the Department of Economic Development or the competent authority in the free zone.
5. Signing the Memorandum of Association: Signing the Memorandum of Association before a notary public, specifying the authorized capital and distributing the shares among the partners.
6. Obtaining the necessary approvals: Some commercial activities require additional approvals from specific government agencies such as the Ministry of Health or Civil Defense.
7. Renting an office: The company must rent a suitable commercial office to conduct commercial activity.
8. Opening a bank account: Opening a bank account for the company and depositing the authorized capital.
9. Obtaining a commercial license: Pay the required fees and obtain a commercial license from the Department of Economic Development or the competent authority in the free zone.
10. Tax registration: Registration with the Federal Tax Authority if the business activity requires it.
    Additional procedures (if necessary): Some activities may require additional procedures such as obtaining a permit from the Ministry of Human Resources and Emiratisation to recruit workers. Cooperate with the Itqan Company consultant because it provides you with the necessary consultations to ensure that all procedures are completed correctly and without delay.

Establishing companies in Dubai

Establishing companies in Dubai has become easy and quick thanks to simplified procedures and an encouraging economic environment. There are two main bodies in Dubai that grant licenses to companies and handle their establishment procedures:

1. Department of Economic Development (DED): If you choose to establish your company through the Dubai Department of Economic Development, you will be able to obtain the necessary licenses to operate in the local market. DED provides an integrated regulatory environment that makes it easier for you to start and manage your business.
2. Free zones in Dubai: Establishing your company in one of the free zones in Dubai gives you many privileges, such as full ownership of the business, tax exemptions, and facilities for recruiting workers. Free zones in Dubai are designed to support various types of businesses and provide an integrated business environment.

Choosing the appropriate entity to establish your company depends on the nature of your business activity and your specific needs, whether you are seeking to work in the local market or benefit from the wide advantages offered by free zones.

Facilitating licensing procedures that determine the type of activity

The Department of Economic Development in Dubai has determined an economic strategy, which will be implemented by the Commercial Registration and Licensing Sector, by facilitating the procedures for obtaining a corporate license, developing services to encourage the start of commercial activities, and creating more job opportunities through the Economic Activities Guide, which explains the mechanism for conducting business and commercial activities. In the Emirate of Dubai.

There are several areas of business licensing in Dubai, but most of them focus on the following activities:

1. Commercial license: It enables companies to carry out commercial activity, import, export, sale and distribution.
2. Industrial licence: This includes industries in which work is permitted according to UAE law.
3. Professional license: It includes all activities and fields of professional crafts, such as carpentry, blacksmithing, etc.
4. Tourist licence: includes hotels, restaurants, resorts, nature reserves, etc.
5. Agricultural licence: includes all agricultural activities.

In addition to licenses to organize events, conferences and exhibitions, and a business operating permit, it is a good corporate option for companies wishing to work in the free zone. The guide to economic activities in Dubai contains all the information related to licenses, establishing and registering companies in various commercial activities, and legal forms.

Advantages of registering a company in Dubai

Registering the company in Dubai with the help of Itqan Company offers many advantages that contribute to facilitating the establishment process and ensuring success. Here are some key features:

• Itqan Company has a team of experts and specialists who possess deep knowledge of local and international laws and regulations related to establishing companies in Dubai.
• Itqan Company handles all paperwork and legal transactions, saving investors time and effort and allowing them to focus on their core business.
• Itqan provides comprehensive services that include choosing the type of company, preparing legal documents, opening bank accounts, and providing financial and tax consultations.
• Thanks to the strong relationships that Itqan has with government agencies and local authorities, approvals and licensing procedures can be expedited.
• Itqan provides customized solutions that suit each client’s needs, ensuring that services are consistent with the company’s business goals and ambitions.
• Providing ongoing support to companies after incorporation, including accounting, recruitment, and legal compliance services.
• Providing specialized legal advice to ensure the company’s compliance with all local and international laws and regulations.
• Itqan provides its services at competitive costs while ensuring high quality performance, which enhances the value of the investment.
• Assisting companies in obtaining the necessary visas for employees and management, which facilitates the process of operating the company in Dubai.

Providing consultations on strategic planning and future expansion, which helps companies grow sustainably.

Registering a company in Dubai with the help of Itqan can be an ideal option for investors who want to benefit from the dynamic and thriving business environment in Dubai.

Establishing free zone companies in Dubai

The free zone in the Emirate of Dubai is considered a valuable opportunity for entrepreneurs and investors who want to have their own companies. Dubai is characterized by one of the largest free zones in the world, which is the Jebel Ali Free Zone, which provides you with encouraging benefits without the need for a local sponsor, and is characterized by easy establishment procedures. companies, its speed, and its low costs, as the free zone provides the following:

1. Full ownership of the company without the need for a local service agent
2. 100% is the tax exemption rate
3. Ease of establishment procedures, speed of completion, and low costs.
4. Flexible solutions in all areas of business establishment.
5. Benefiting from the business community in the free zones and the services of the free zone authorities through technical support, infrastructure support and legal support.

Registering a company in Dubai is an important strategic step for aspiring investors and entrepreneurs. With a thriving business environment and advanced infrastructure, Dubai offers ample opportunities for growth and expansion. With the help of Itqan Company, all procedures can be simplified and full compliance with laws and regulations can be ensured, which contributes to establishing a successful and sustainable business. From choosing the appropriate type of company to obtaining the necessary licenses, Itqan ensures comprehensive and integrated support in every step of establishing the company. Therefore, it can be said that registering a company in Dubai with the help of Itqan Company is an ideal choice to achieve your business goals and benefit from the enormous potential that this global city offers.

Frequently asked questions about registering a company in Dubai