Dubai commercial register

Everyone wants to own a business in Dubai and is working to start many companies and private activities, as Dubai has become one of the most attractive countries to attract entrepreneurs and investors. This is due to its high economy and thriving trade and industry, as well as its excellent location, modern transportation network and stability. The security available in it and many other features attracted everyone, but owning a business or company in Dubai requires many steps, as the Dubai Economic Development Authority gives some conditions, including the need to obtain a business license and business registration, and we display the costs of registering the commercial registry . In Dubai and ways to receive it.

Economy in the Emirates

The UAE’s economy is considered one of the most diversified and growing economies in the region, relying on a wide range of vital sectors. The UAE has transformed from an economy that relied heavily on oil to a diversified economy that includes tourism, trade, financial services, real estate, aviation, and technology. Free zones play a pivotal role in attracting foreign investments thanks to flexible laws and tax incentives, making them a preferred destination for international companies. The advanced infrastructure, political stability, and strategic location also contribute to strengthening the UAE’s position as a global center for trade and investment.

Innovation and technology are considered among the basic pillars of the UAE’s economic development strategy, as the country seeks to be at the forefront of developed countries in this field by supporting emerging companies and promoting research and development. Tourism also plays a prominent role in the UAE economy, with global tourist attractions such as the Burj Khalifa and the Palm Island, in addition to international events such as Expo 2020 Dubai. Moreover, investments in the education and healthcare sectors contribute to raising the standard of living and achieving sustainable development. Thanks to these integrated efforts, the UAE continues to achieve strong economic growth rates and occupies a prominent position at the regional and international levels.

Opening a commercial register in Dubai

After starting a business, it is necessary to open a commercial register to safely carry out the desired activity. The steps to open a commercial register in Dubai are:

• Send all company papers and documents to the required company, as decided by the Dubai Economic Development Authority.
• Pay the trading license fee, and in the event of non-payment, transactions will be cancelled.
• Register as a member of the Chamber of Commerce.
• Obtain an official business license.
• Enter the capital value in the business register document.
• The date of issuance of the commercial register is calculated from the date of payment.
•  At our company we help you to obtain business registration quickly and economically.

Our company works to serve its customers by providing many important services in the shortest time, with the least effort and at the lowest cost. The company also helps its customers know the prices before starting the service, and because the company tries to reduce the hassles of entrepreneurs and investors and works on its service and ends all licenses and payment for all drawings, and all of this happens at the lowest possible price, you will not find prices like the prices from our company, so do not hesitate. To use our company and contact him for his services. Her goal is to constantly help him and facilitate communication with him. You can get the fastest and most affordable services while calling the company number.

Conditions for opening a commercial register

To create a commercial register in the UAE , you must follow a set of steps and meet a number of conditions. Here is an overview of the basic conditions and steps for opening a commercial register in the UAE:

• Choosing a business: Determine the type of business activity you want to practice. You should choose the right activity based on your interests and market trends.
• Choosing a trade name: Choosing a unique trade name that is not used by another company. The trade name must be in line with the laws and regulations in force in the country, and must not contain any inappropriate or religious words.
• Determine the legal form: Determine the legal form of the company, such as: sole proprietorship, limited liability company (LLC), joint liability company, or branch of a foreign company.
• Initial approval: Apply for initial approval from the competent authorities. This step includes submitting identity documents and details of the business and partners (if there are partners).
• Preparing the Memorandum of Association: Preparing the Memorandum of Association and Articles of Association of the company, which includes full details about the company, the partners and their shares.
• Obtaining approvals and permits: Some businesses may need additional approvals from certain government agencies, such as the Department of Economic Development or other regulatory authorities.
• Renting the company headquarters: Renting an office or headquarters for the company and submitting the rental contract as part of the required documents.
• Registration with the relevant authorities: Registering the company with the Department of Economic Development and obtaining a commercial license. Fees and requirements vary depending on the emirate and business activity.
• Obtaining a commercial license: After submitting all documents and paying the required fees, you will obtain the commercial license that enables you to officially start the business activity.
• Registration with the Ministry of Labor and Social Insurance: Register the company with the Ministry of Labor and Social Insurance if you intend to employ employees. By following these steps and meeting the required conditions, you can open a commercial register and start your business in the UAE successfully.

Documents required to open a commercial register

To open a commercial register in the United Arab Emirates, there are a set of papers and documents that must be submitted to the competent authorities. Requirements vary slightly depending on the emirate and type of business, but in general, the required paperwork includes:

• Registration application form: Fill out the commercial registry registration application form.
• Passport copies: A copy of the passport for each partner or company owner, including the visa and residence page (if available).
• Emirates ID: A copy of the Emirates ID card for each partner or owner (if any).
• Personal photos: Passport size photos of each partner or owner.
• Proof of address: Office or company headquarters lease contract (Ejari) certified by the relevant authorities in the emirate in which registration is made.
• Trade name: Trade name reservation certificate from the Department of Economic Development.
• Initial approval: Initial approval letter from the Department of Economic Development.
• Memorandum of Association and Articles of Association: A copy of the company’s Memorandum of Association and Articles of Association certified by the relevant authorities (for limited liability companies, joint stock companies, and other legal entities).
• Regulatory approval: Obtain additional approvals from regulatory authorities (if required for the type of business).
• Professional License: If the activity requires a professional license (such as medical or legal activities), a copy of the approved professional license must be submitted.
• Proof of capital: In some cases, proof of the paid-up capital of the company may be required, such as a certificate from the bank confirming the deposit of capital.
• Business Plan: In some cases, there may be a need to submit a detailed business plan outlining the goals and proposed activities of the company.

By submitting these papers to the Department of Economic Development or the competent authority in the emirate that wishes to establish a company in Dubai , you can obtain the commercial register and commercial license necessary to start the business activity.

Cost factors for obtaining a commercial registration in Dubai

When obtaining a commercial registration in Dubai , the cost is affected by several factors. Here are the most important factors that affect the cost of obtaining a commercial register:

• Type of business: Fees vary depending on the type of business you wish to engage in. Some activities require special licenses or additional approvals, which increases the cost.
• Legal form of the company: The fee varies based on the legal form of the company (sole proprietorship, limited liability company, branch of a foreign company, etc.). Each type has its own registration fee.
• Geographical location: The cost of registering a company may vary depending on the region or free zone you choose. For example, the cost of registration in a free zone may be different from the cost in regular commercial zones.
• Initial approval: Fees for obtaining initial approval from the Department of Economic Development.
• Trade name reservation: Trade name reservation fees, which depend on the type and uniqueness of the name.
• Office Rent: The cost of renting an office or corporate headquarters can greatly affect overall costs. Some areas require a minimum desk space, which affects the cost.
• Additional licenses and approvals: Some commercial activities require additional licenses or approvals from other government agencies, and these licenses are accompanied by additional fees.
• Government fees: include registration fees with the Department of Economic Development, and fees for issuing a commercial license.
• Local Service Agent Services: If you need a local service agent, there will be an additional fee for this service.
• Insurance fees: Some companies may require commercial insurance, which adds to costs.
• Document authentication costs: These include the costs of authenticating and authenticating documents from the concerned authorities.
• Legal advertising fees: In some cases, you may need to publish a legal advertisement for the company’s incorporation in local newspapers, which adds to the costs. Taking these factors into consideration, the cost of obtaining a commercial registration in Dubai ranges significantly depending on the nature of your business and its requirements.

In conclusion, opening a commercial registry in Dubai is an important strategic step towards achieving commercial success in one of the most dynamic and diverse markets in the world. With advanced infrastructure, flexible government procedures, and attractive economic incentives, Dubai is an ideal environment for business growth. By following the right steps and submitting the necessary papers, you can establish your company and launch into the business world with confidence. Whether you are seeking to take advantage of Dubai’s many business opportunities or want to access global markets, obtaining a commercial registration in Dubai can be the beginning of your journey towards economic success and prosperity.

Frequently asked questions about opening a commercial register in Dubai