Establishing a company in Dubai is considered an important strategic step for both local and international investors. Registering a company in Dubai, in cooperation with Itqan Company, represents an exciting opportunity to benefit from the thriving economic environment and advanced infrastructure that the emirate provides. By providing professional and specialized services, Itqan Company provides effective support to investors to successfully achieve their business goals.
Dubai is a global center for business and trade, attracting companies and investors from around the world thanks to its advanced economic environment and business-friendly legislation. Thanks to its distinguished geographical location, the prominent presence of global financial institutions, and advanced infrastructure, Dubai provides an ideal environment for corporate growth and business expansion.
With Itqan, investors can get full support in the process of establishing a company in Dubai , starting from business consulting and advising on the appropriate legal structure, all the way to registration procedures and obtaining the necessary licenses. Itqan Company also provides integrated services for managing companies after establishment, including accounts, taxes and human resources.
In short, registering the company in Dubai in cooperation with Itqan Company represents a gateway to exploring diverse business opportunities and achieving success in a dynamic and evolving business environment.
Register a company in Dubai
Registering a company in Dubai requires several steps and legal procedures. Here is an overview of the steps that can be followed to establish a company in Dubai :
- Determine the type of company: Before starting the registration process, you must determine the type of company you wish to create, whether it is a sole proprietorship (sole enterprise), a limited liability company (LLC), a joint stock company, a subsidiary company, or any other type that suits your needs. Your needs and goals.
- Choosing a company name: You must choose a unique and appropriate name for the company and ensure that it is not similar to the names of other companies registered in Dubai.
- Determine the business activity: Determine the business activity that the company will practice, and ensure that it is compatible with local regulations and legislation.
- Determine the location: Determine a location for the company, whether it is in a free zone or in the private sector, and ensure that the location suits the company’s needs and activities.
- Preparing legal documents: Prepare and document the legal documents required to establish the company, such as contracts, agreements, and personal documents of shareholders.
- Submit a registration application: Submit a registration application to the competent government authorities in Dubai, such as the Department of Economic Development or the Dubai Business Regulatory Authority (DED).
- Obtaining licenses and permits: After the registration application is approved, you may need to obtain additional licenses and permits depending on the company’s activity.
- Tax registration and health insurance: You may need to register the company with local tax authorities and provide health insurance to employees according to local requirements.
Company registration documents in Dubai
Registering companies in Dubai requires compliance with many required procedures and documents. Here is an overview of some of the documents you may need:
- Registration application form: includes proposed company information such as name, business activity, shareholders, and business location.
- Power of attorney form: If you are using an attorney or legal services firm to represent you in the process.
- A copy of the lease contract or office license: to determine the company’s place of business.
- Passport copies: for shareholders, managers and partners.
- Recent personal photos: of shareholders, directors and partners.
- A statement from the official authorities: approved by the competent authority in the Emirate of Dubai.
- Shareholder information form: identifies shareholders and their shares in the capital.
- Letter of support from the bank: proving the deposit of the required capital.
- Regulatory approval: For some specific activities prior approval from official authorities is required.
- Tax notification declaration form: for registration with the Tax Department.
- General Federation of Self-Employment (Trade and Industry) form: if you intend to register a local company.
- Other legal documents: May be required depending on the type of company and activity.
Types of companies that can be registered in Dubai
When you are thinking about starting a company in Dubai, you must first determine the type of company that suits your needs and business goals. There are several different types of companies that you can register in Dubai, each with its own advantages and requirements. Here is a table showing the types of companies that can be registered in Dubai:
| Type of Company | a description |
|---|---|
| Sole proprietorship | Managed by one person with personal responsibility |
| Limited Liability Company (LLC) | It is managed by a group of shareholders with limited liability |
| Public joint stock company | It is managed by a group of shareholders with limited or unlimited liability |
| Private joint stock company | It is managed by one or several shareholders with limited liability |
| Joint company | Operated jointly by two or more companies |
After choosing the appropriate company type, you must follow the legal and administrative procedures required to register the company and obtain the necessary licenses from the local authorities in Dubai.
Licenses required to register a company in Dubai
The process of registering a company in Dubai requires obtaining several licenses and permits from local authorities and relevant government agencies. These are some of the necessary licenses that you may need when registering your company in Dubai:
- Commercial License: This is considered the basic license and is issued by the Dubai Economic Development Department (DED). This license includes details of the company and its commercial activity.
- Municipal license: Issued by Dubai Municipality and related to the commercial activity and location where you intend to operate your company.
- Professional or multi-professional license: If your company provides professional services, such as consulting, medicine, or engineering, you may need this license.
- Advertising and Publication License: You must obtain this license to display billboards and billboards for your business.
- Building permit (if the company owns a building): If you own a commercial building in Dubai where you intend to operate the company, you may need a building permit.
- Financial license: This license may be necessary if you plan to provide financial or investment services.
Cost of registering a company in Dubai
The cost of registering a company in Dubai depends on several factors, including the type of company and business activity it undertakes, as well as the amount of advance (capital) you provide to establish the company. At the beginning of the process, a financial introduction to the company must be made and specified in the legal documents required for its establishment. Please find out a general estimate of the cost of registering a company in Dubai in points:
- Cost of licenses and government fees: These fees vary based on the type of company and business activity, and can range from several thousand to several tens of thousands of UAE dirhams.
- Virtual office fees (if applicable): If you do not have an office in Dubai and need a virtual office to register the company, you may face additional costs.
- Legal and consulting services fees: You may need to engage the services of a lawyer or legal advisor to assist you in the process of establishing the company and meeting legal requirements, which will entail additional costs.
- Taxes and Health Insurance: There can be tax and insurance costs for operating a company in Dubai.
- Other administrative fees: It may include other administrative costs such as attestation, translation, stamp, etc. fees.
Ways to register a company in Dubai
Tips for successfully registering your company in Dubai
Registering a company in Dubai can be the key to success in the business world, and here are some tips that can help you achieve this:
- Good research: Study the market well to understand customer needs, market trends and competition. This can help determine if your business idea is in demand and sustainable in Dubai.
- Choosing the right activity: Make sure you choose a business that is appropriate and compatible with local laws and current economic conditions in Dubai.
- Good financial planning: Carefully analyze and estimate the expected costs and potential revenues of your project. Be realistic about your expected costs and revenues and try to secure enough financing to start the business.
- Partnering with legal and accounting advisors: Collaborate with local legal and accounting advisors to obtain advice and guidance regarding legal and financial procedures and ensure compliance with local laws and legislation.
- Identify local partners: If the company has local shareholders required by local laws, be sure to choose partners who are reliable and experienced in the local market.
- Determine the location of the business: Choose a suitable location for the company headquarters that matches the needs of the business and is convenient for customers and suppliers.
- Marketing and brand building: Determine an effective marketing strategy to promote your company and build your brand in the local and global market if necessary.
- Commitment to social responsibility: Take care of corporate social responsibility and ensure adherence to ethical and environmental standards in your business.
- Continue to learn and develop: Stay up to date with the latest developments in your field and continue to develop your skills and knowledge to improve your company’s performance.
- Prepare for challenges: Be prepared to face the challenges and difficulties that you may encounter in the journey of building and registering your company, and learn from mistakes and constantly improve.
Our company’s role in the company registration process
Itqan Company can play an important role in the process of establishing a company in Dubai , as it can provide a variety of services and support to clients. Here are some of the roles that Itqan can play during this process:
- Company Establishment Consulting: Itqan can provide advice and guidance to clients on legal and regulatory procedures related to establishing companies in Dubai, including the appropriate company type and legal requirements.
- Preparation of legal documents: Itqan Company can provide services for preparing the legal documents required to establish the company in Dubai, such as contracts, agreements, and personal documents for shareholders.
- Providing legal services: Itqan Company can provide legal support to clients in all aspects of the company registration process, including negotiating with government agencies and notarizing documents.
- Legal Representation: Itqan Company can represent the client before the relevant government authorities in Dubai, such as the Department of Economic Development or the Dubai Business Regulatory Authority (DED), and submit the necessary applications and documents on behalf of the client.
- Providing administrative support: Itqan Company can provide administrative support to clients during the company registration process, such as arranging meetings and appointments and managing communications.
- Follow-up and subsequent support: After registering the company, Itqan Company can provide subsequent support and follow-up to the client to ensure that he enjoys all the rights and facilities provided by local law.
In conclusion, registering the company in Dubai in cooperation with Itqan Company appears as a crucial step in achieving success and stability in the business market. By using Itqan’s extensive experience and knowledge, investors can register their companies smoothly and efficiently. Dubai offers a dynamic and evolving investment environment, making it a preferred destination for businesses in the Middle East. With strong government support, advanced infrastructure and a strong consumer market, businesses can achieve sustainable success in Dubai.
Itqan Company is considered a reliable and distinguished partner in the company registration process in Dubai , providing support and assistance to investors throughout the entire stage of the incorporation process. Thanks to the cooperation with Itqan Company, investors can benefit from specialized services and professional advice to achieve success and growth in the business market in Dubai. Certainly, registering the company in Dubai in cooperation with Itqan Company is a wise move and an investment in a bright future for business in the Emirates.
It is clear that registering a company in Dubai represents an irreplaceable opportunity for ambitious investors seeking to succeed and prosper in the global business market. The combination of Dubai’s dynamic investment environment and the unique expertise offered by Itqan can open doors to new and fruitful opportunities in the business world.
The most important frequently asked questions about registering a company in Dubai
What types of companies can be established in Dubai?
Many types of companies can be established in Dubai, such as limited companies, limited liability companies, personal companies, free zones, partnerships, sole proprietorships, and others.
What are the basic requirements for establishing a company in Dubai?
Basic requirements vary depending on the type of company, but usually include specifying the company name, providing personal documents for shareholders and directors, submitting a business license, specifying location and national address, and providing the required contracts and agreements.
What are the benefits available to companies in free zones in Dubai?
Free zones in Dubai offer multiple benefits such as 100% assured foreign investment, no taxes on profits, exemption from import and export duties, easy recruitment and administrative process, and advanced infrastructure.
Can foreigners own 100% companies in Dubai?
Yes, in some free zones in Dubai, foreigners are allowed to own their companies 100% without the need for a local partner. However, there may be some restrictions in some private sectors.
What are the tax procedures required for companies in Dubai?
In 2018, value added tax (VAT) was implemented in the United Arab Emirates, including Dubai. Businesses must register for a value-added tax (VAT) number and file appropriate tax reports.
