Dubai Commercial Registry

The commercial registry in Dubai is an essential window for companies to enter the business market, as it provides a clear and transparent regulatory environment that facilitates establishment and registration processes. The Dubai Commercial Registry has updated legislation in line with the latest global developments in business, making it relevant to the needs of modern companies and the requirements of international business.

Thanks to efforts to improve infrastructure and develop electronic services, it is now easier for companies to submit registration requests and carry out various administrative procedures online, saving time and effort and facilitating access to required services.

In our article today, we will explore the business world in Dubai by focusing on the commercial registry, which is one of the most important tools that contribute to facilitating company operations and facilitating establishment and operation procedures. The Emirate of Dubai has a modern and developed commercial register that reflects the progress and economic development witnessed in the region. The Commercial Registry in Dubai allows companies and individuals to register companies and implement commercial contracts and other registration procedures with ease, making it a vital part of the business structure in the city.

What is the commercial register in Dubai?

The Dubai Commercial Register is a register that contains all information related to companies and businesses registered in the Emirate of Dubai. The Commercial Registry is managed by the Dubai Department of Economic Development (DED), and is an essential tool for registering companies and issuing business licenses in the emirate.

The commercial register includes information such as the names of shareholders and directors, company activity, location, capital, and date of incorporation. The commercial registry aims to provide transparency and credibility to companies, and provide a reliable database for potential investors and customers.

In addition, the commercial registry records changes to company information such as change of shareholders, change of address, increase of capital, etc., and any change in company information requires updating the commercial registry with approval from the Department of Economic Development.

In short, the commercial registry in Dubai is an essential tool for registering and organizing businesses in the emirate, and facilitates the communication process between companies, government agencies, and customers.

Procedures required to obtain a commercial register in Dubai

To obtain the commercial register in Dubai , you must follow a series of specific procedures and requirements that include:

• Choose the company type: The investor must first determine the type of company he wants to establish, whether it is a sole proprietorship, a limited liability company, or a joint stock company, according to his needs and business objectives.
• Determine the company name: You must choose a unique and appropriate name for the company and ensure that it is not repeated or similar to the names of other companies in the market.
• Preparing the required documents: Specific documents must be prepared, including the company’s articles of incorporation, the commercial registry application form, and a copy of the passport for shareholders and managers.
• Submission of the application: The application to obtain the commercial register is submitted to the Dubai Economic Development Department (DED), with the required fees paid.
• Request review: After submitting an application, DED staff reviews the documents and data submitted to ensure they meet all requirements.
• Getting the approval: If the application is approved, the company’s commercial register will be issued.
• Issuing the necessary licenses: After obtaining the commercial register, there may be additional steps to obtain the necessary licenses depending on the company’s activity, such as commercial licensing, municipal licensing, and others.

Conditions for obtaining a commercial register in Dubai

Obtaining a commercial register in Dubai requires compliance with some conditions and procedures determined by the Dubai Economic Development Department (DED). Here are some key terms:

1. Statement issued by the concerned authority: The founders must obtain prior permission from the relevant authority, such as Dubai Municipality, depending on the proposed company activity.
2. Choose a business: The business activity must be selected strictly according to the list approved by DED.
3. Shareholders and directors: Personal documents of the shareholders and directors concerned, including passports and photographs, must be submitted.
4. Company contract and articles of association: The company contract and articles of association must be prepared and signed by the founders.
5. Company Address: A physical office address must be provided for the company within the Emirate of Dubai.
6. Required capital: The required capital must be provided according to the type of proposed company.
7. Fees and costs: You must pay the fees required to obtain a commercial register, which vary according to the type of company and its activity.
8. Applying through official channels: An application for extracting a commercial register must be submitted through the official channels specified by DED, such as the Internet or official branches.

Requirements for opening a business account in Dubai

During the process of establishing a company and opening a commercial register, several basic requirements are required, including:

First, a workplace must be provided for the company, whether it is a plot of land or a place for rent, and its value must be paid according to the concluded agreement.

Secondly, a business license must be issued based on the type of business activity chosen, whether it is commercial, permanent, or immediate.

Thirdly, it requires ensuring that all costs related to opening the commercial register are paid and all procedures necessary for the company establishment process are completed.

Finally, visa costs for employees who will work under the company name must be determined, in order to start operating fully efficiently.

Full compliance with all these requirements and costs should be ensured to ensure the safety and success of the company establishment process and the timely opening of the commercial register.

The cost of opening a commercial register in Dubai

The costs of opening a commercial register in Dubai vary based on several factors, including the type of company, business size, and additional services required. Here’s a general cost estimate without specific numbers included:

1. Registration fees: These fees depend on the type of company you intend to establish, and include the costs of registering the company and obtaining the necessary business licenses.
2. Legal and consulting services fees: You may need to consult a lawyer or legal advisor to assist you in the process of opening a commercial register and ensure your compliance with local laws and regulations. These fees vary based on the volume of services provided.
3. Logistics fees: These fees include rental costs for the office, communications and security costs, and any other services that could be necessary for the operation of the company.
4. Capital fees: Some companies may require the necessary capital to be provided in accordance with the requirements of the commercial registry.

Types of commercial registration in Dubai

Types of commercial registration vary based on local laws and regulations in each country or region. The following are common types of commercial registry:

1. Register of individual companies (individual traders): This type of commercial register is used to register commercial activities carried out by individuals individually without establishing a formal company.
2. Registered companies registry: This type of registry is used to register companies, small and medium-sized companies, and large companies. All information related to the company such as trade name, address, identity of founders, company activity, and more are recorded.
3. Register of public joint-stock companies: This type of register is used to register joint-stock companies whose shares the public can buy and participate in their management.
4. Limited Liability Company Register: This type of register is used to register limited liability companies, where the financial liability of shareholders is set at a specific amount.
5. Personal Companies Register: This type of register is used to register companies in which partnership partners are responsible for management and operation.

Benefits of obtaining a commercial register in the Emirates

Obtaining a commercial register in the Emirates  provides a group of important benefits for companies and individuals seeking to establish and work in the region, and these benefits include:

• Legitimacy and Official Recognition: A commercial registry gives a company legitimacy and official recognition from the local government and legal authorities, making it eligible to operate and transact legally in Dubai and the UAE.
• Access to the local and global market: The commercial register facilitates companies’ access to the local market in Dubai and the UAE, and also enhances the opportunities for global expansion and international trade.
• Trust and credibility: Obtaining the commercial register reflects trust and credibility in the eyes of customers and business partners, which facilitates the processes of attracting and dealing with customers and suppliers.
• Legal and legal protection: The commercial registry gives the company legal and legal protection, which helps it resolve disputes and apply rights effectively in the event of legal problems.
• Government support and administrative services: The commercial registry allows companies to benefit from local government support and administrative services available, such as customs procedures, industrial permits, and financial and tax services.
• Access to financing and investments: A commercial register increases a company’s opportunities to obtain financing and investments from banks and investors, as it provides them with legal security to invest in the company.

Advantages of opening a commercial register in Dubai

Opening a commercial register in Dubai offers many features and benefits that make it an ideal destination for entrepreneurship and establishing companies. Here are some key features:

• Advanced business environment: Dubai provides a developed and innovative business environment, which greatly facilitates corporate operations and enhances opportunities for success and growth.
• Flexible commercial laws: Dubai has flexible and regulated commercial laws, which allow the establishment of various types of companies easily and conveniently, including sole proprietorships, limited liability companies, and others.
• Strategic location: Dubai is located in a strategic location on the global map, making it a major focal point for global trade and facilitating access to regional and international markets.
• Advanced infrastructure: Dubai has an advanced infrastructure, including modern facilities and excellent logistics services, providing an ideal environment for companies to operate and grow.
• Attractive tax incentives: Dubai offers attractive tax incentives to companies, including tax exemptions and low tax rates, which reduces companies’ tax costs and enhances their profitability.
• Investor confidence: A commercial registry in Dubai enjoys a strong reputation and investor confidence, as a strong and transparent legal system ensures the necessary guarantees for investors and companies.

In conclusion, the Dubai Commercial Registry plays a vital role in supporting the economic environment and encouraging investment and economic development in the region. Thanks to the continuous efforts of the Dubai Economic Development Authority, the commercial registry has an efficient organization and fast processes, making the process of establishing and managing companies easier and more effective.

Dubai’s commercial registry provides a business-friendly environment, where national and international investors can rely on smooth and transparent company establishment procedures, in addition to a strong and organized legal framework that protects their rights and provides the necessary stability and confidence.

In addition, it provides the commercial registry in Dubai provides a range of advanced services and continuous technical support to companies, which contributes to enhancing their ability to grow and expand in the local and global market.

Through its commitment to providing a favorable and supportive business environment, the Dubai Economic Development Authority works to strengthen Dubai’s position as one of the most prominent global economic destinations, and achieve Dubai’s vision to be a global center for business and investments.

In this way, Dubai’s commercial registry remains an essential pillar of economic growth and development in the region, and contributes significantly to achieving the strategic economic goals of the Emirate of Dubai and the United Arab Emirates in general.

The most important frequently asked questions about the commercial registration in Dubai