Establishing a company in Dubai for foreigners. Dubai has a global reputation as a wonderful investment destination, thanks to the advanced infrastructure and supportive business environment it provides to ambitious companies. For foreigners wishing to establish a company in this thriving city, collaborating with a reliable consulting firm like Itqan is a crucial step towards success.

Setting up a company in Dubai is extremely important for foreigners due to the great economic and business benefits that the city offers. In addition to its strategic location that facilitates access to emerging markets in the Middle East and North Africa, Dubai is characterized by a favorable tax system and world-class infrastructure. However, foreigners may feel confused about the legal and administrative requirements for establishing companies in this new environment.

Here comes the importance of cooperation with Itqan Company, a leading consulting company in the region. With its extensive experience in setting up companies in Dubai’s free zones, Itqan will provide foreigners with full support, from choosing the appropriate legal structure to obtaining the necessary licenses and approvals. The company will ensure the smoothness of the entire process and enable investors to focus on developing their business without worrying about administrative requirements.

Furthermore, establishing a company in Dubai for foreigners will help foreigners take full advantage of the benefits offered by free zones in Dubai, including tax exemptions and freedom of remittances. Thus, investors will be able to strengthen their position in the local and regional market in an efficient and smooth manner.

Types of companies that can be established in Dubai

Dubai is one of the most attractive investment destinations in the world, thanks to numerous advantages such as strategic location, advanced infrastructure, and easy tax system. These factors make Dubai an ideal platform to launch new businesses for both local and foreign investors. In this context, there are a variety of options available for company formation in Dubai, each of which has specific advantages and characteristics that suit different business needs. Types of companies that can be established in Dubai:

Companies registered in free zones:

• Enjoy complete tax exemptions and complete freedom of financial transfers.
• It is active in diverse fields such as trade, technology and media.
• The incorporation process is simplified and quick compared to companies registered in local areas.

Companies registered in local areas:

• Subject to some government taxes and fees.
• It operates in various economic sectors such as services, industry and retail.
• They require more complex establishment procedures than free zones.

Limited Liability Companies:

• Common legal structure for setting up companies in Dubai.
• It has limited personal liability protection for shareholders.
• Suitable for small and medium enterprises and family businesses.

Public joint stock companies:

• It has the possibility of going public and issuing shares.
• Subject to more stringent regulatory and disclosure requirements.
• Suitable for large companies and financial institutions.

Based on the business needs and objectives of the company, foreign investors in Dubai can choose the most appropriate legal structure to establish their business.

Basic steps to establish a company in Dubai

Dubai is one of the most attractive destinations in the world for investment and business. The emirate has a developed economic system and world-class infrastructure, in addition to government policies that support business and investment. Therefore, establishing a company in Dubai represents a great opportunity for growth and success. The basic steps for establishing a company in Dubai :

Consulting and planning:

• Contact a consulting body such as Itqan Company to obtain advice on incorporation requirements.
• Determine the legal form of the company (limited liability company, branch of a foreign company, etc.).
• Choose the appropriate company name and business activity.
• Preparing a comprehensive work plan and estimated budget.

Collect the required documents:

• Gather all required documents (copy of passport, experience certificate, etc.).
• Ensure that all required data and information are completed.

Submitting an application for incorporation:

• Submit the incorporation application and required documents to the Department of Economic Development in Dubai.
• Obtaining approval of the company name and business license.

Post-incorporation procedures:

• Open a bank account for the company.
• Obtaining a commercial license from the Department of Economic Development.
• Registration with the Tax Authority (if necessary).
• Obtaining any other licenses required to practice the activity.

By implementing these steps in an organized and sequential manner, in cooperation with a reliable consulting body such as Itqan Company, you can establish your company in Dubai easily and effectively.

Documents required to establish a company in Dubai

Dubai, a city that attracts investors from all over the world thanks to its thriving economic environment and supportive legislation for the business sector, is an ideal destination for establishing companies. Thanks to the extensive experience and integrated services provided by government and private consulting companies, the procedures for establishing a company in Dubai have become quick and easy for investors. Company incorporation documents in Dubai:

• Copy of passport: A copy of the passport must be provided to each shareholder or director of the company.
• Experience certificate: Shareholders or managers must provide experience certificates in the field in which the company will operate.
• CV: A CV must be submitted to shareholders or directors.
• Nationality Certificate: Non-citizen shareholders or directors must submit a certificate of their nationality.
• Personal photo: A recent personal photo must be provided for each shareholder or director.
• Letter of Intent: Shareholders or directors must sign a letter of intent to establish the company.
• Business Plan: A comprehensive business plan for the company must be submitted that includes the vision, mission, goals, and estimated budget.
• Articles of Association: Shareholders must sign the company’s Articles of Association.

By submitting these documents to Itqan Company, the consulting company will coordinate with the relevant government authorities to complete the procedures for establishing the company in Dubai with high efficiency.

The role of our company in establishing a company in Dubai for foreigners

Dubai is considered an attractive investment destination for foreigners thanks to its thriving economic environment and the incentives and facilities provided by the government to the business sector, as it is characterized by low taxes and easy procedures for establishing, operating, entering and exiting the market, as well as advanced infrastructure, integrated logistics services, a safe environment, and political and social stability, which made it a preferred destination for investors. Foreigners wishing to establish their companies or expand their businesses, especially in vital sectors such as energy, technology, financial services, tourism, trade, manufacturing industries and other promising fields. The role of Itqan Consulting Company comes as a reliable partner for these investors in facilitating the establishment, operation and expansion procedures in the local market with high efficiency and speed. Thanks to its extensive experience and strong network of relationships with government and private agencies, Itqan is able to provide integrated consultations and practical solutions to various challenges that foreign investors may face during the stages of establishing and developing their businesses in Dubai, from establishing and licensing the company, managing human and financial resources, regulatory compliance, and other supportive services that enable them to Investors are able to focus on growth and expansion in their target markets, which makes Dubai a preferred destination for business and investment for foreigners thanks to the supportive economic and legislative environment and the expertise of Itqan Consulting Company in facilitating establishment, operation and expansion procedures in the local market.

The role of our company in establishing a company in Dubai for foreigners