List of business activities in Dubai

List of business activities in modern Dubai. Commercial and economic activities form the backbone of development and prosperity. Dubai is one of the most attractive global cities for investors and businessmen, offering them the opportunity to explore a wide range of business activities and industries. Itqan Company’s role is a pivotal partner in these operations, providing the necessary support and consultations to facilitate the establishment and development of companies in this dynamic environment.

The list of business activities in Dubai is very diverse, making it an ideal place for investors from different sectors and industries. These activities include many sectors such as trade, financial services, real estate, technology, creative industries, tourism and hospitality, as well as infrastructure, logistics, health and education.

Itqan Company plays a vital role in this context, as it provides its distinguished services to help facilitate the processes of establishing companies and direct them towards success in local and international markets. Itqan provides consultation and guidance regarding local laws and legislation, and provides the necessary financial and administrative advice to ensure the sustainability and development of the business.

With this review of the list of business activities in Dubai and the role of Itqan Company, we will reveal in this article the advantages, challenges, and opportunities available to investors and businessmen looking to explore and develop their work in this diverse and dynamic business environment.

List of business activities in Dubai

Through a comprehensive review of the list of business activities in Dubai and the vital role of Itqan Company in guiding and supporting businesses, in this article we will reveal more details and valuable information for businessmen and investors looking to make new and successful investments in this dynamic economic environment.

1. General trade: includes the sale and distribution of various products, whether consumer goods, technical equipment, or luxury products.
2. Financial services: such as banking, insurance, investment, and other financial services.
3. Real estate and construction: construction and development of real estate projects, real estate management, and real estate brokerage.
4. Technology and communications: computer software development, IT services, and website design.
5. Creative industries: such as graphic design, interior design, and creative marketing.

This is a list of some of the popular businesses in Dubai, and it represents only a small portion of the wide variety of businesses available in the city. Most of these activities can be carried out in free zones such as Dubai Free Zone, thanks to the favorable investment environment and lucrative tax advantages that Dubai provides.

Commercial activities in Dubai

Advantages that make Dubai an ideal place for business activities

Dubai is considered one of the best global cities for business activities, thanks to a range of advantages that attract investors and businessmen from all over the world. Here are the most important advantages that make Dubai an ideal place for business activities:

1. Stimulating investment environment: Dubai offers a flexible and stimulating economic environment that supports growth and innovation. Flexible investment laws facilitate the establishment of companies and provide a competitive business environment.
2. Strategic location: Dubai is located in a distinct geographical location between Europe, Asia and Africa, making it a global business center with easy access to regional and global markets.
3. Advanced Infrastructure: Dubai has world-class infrastructure that includes airports, ports, highways and smart buildings, supporting business, transportation and logistics.
4. Tax incentives: Dubai offers several free zones that offer full tax exemptions on profits, personal income and corporate taxes, reducing operational costs.
5. Advanced legal system: Dubai’s legal system provides strong protection for investors and property rights, with courts specializing in commercial disputes.

Thanks to these advantages, Dubai remains a preferred destination for investors looking for successful business opportunities in a safe and growth-friendly environment.

Basic steps to establish a company in Dubai

Establishing a company in Dubai requires following specific steps to ensure compliance with local laws and take advantage of available business opportunities. Here are the basic steps for establishing a company in Dubai :

1. Determine the commercial activity: The first step is to determine the type of commercial activity that you want to practice, as there is a list of approved commercial activities in Dubai from which you must choose your activity.
2. Choose the type of company: Select the type of company you wish to establish, such as a free zone company, a limited liability company, a joint liability company, or a branch of a foreign company. Each type has special requirements and procedures.
3. Determine the partners and names: Choose the partners and determine the partnership percentage between them. Next, choose an appropriate business name for the company according to the standards of the Dubai Department of Economic Development.
4. Obtaining initial approval: Submit a request to obtain initial approval from the Department of Economic Development, which is a necessary procedure to begin the establishment procedures.
5. Preparing the Memorandum of Association and Partners Agreement: Prepare the Memorandum of Association and Partners Agreement, and these documents must be certified by a notary public in Dubai.

These steps will help you establish a company in Dubai . You can also use specialized consulting companies, such as Itqan, to provide guidance and support during the incorporation process to ensure smooth procedures and compliance with local laws.

Establishing a company in the free zone in Dubai

Establishing a company in the Dubai Free Zone provides many advantages such as tax exemptions and full foreign ownership. Here are the basic steps for establishing a company in the Dubai Free Zone :

1. Choosing the appropriate free zone: Dubai includes many free zones such as Jebel Ali (JAFZA), Dubai Internet City, Dubai International Financial Center (DIFC), and others. Choose the free zone that suits the nature of your business.
2. Determine the business activity: Select the business activity you wish to engage in. Make sure that the activity you choose is permitted in your chosen free zone.
3. Choose the type of company: Select the type of company you wish to establish. Options include:
   Free Zone Corporation (FZCO)
   Free Zone Enterprise (FZE)
   Branch of a foreign company
4. Choosing a company name: Choose a business name for the company, check its availability, and ensure that it complies with the naming laws in the free zone.
5. Submitting the application and documents: Submit the application to establish the company and attach the required documents such as:
   Application form for incorporation
   A copy of the passports of shareholders and directors
   A brief business plan
   The Board of Directors’ decision to establish a branch (if the application is for a branch of a foreign company)

Itqan Company provides comprehensive consulting services to assist you in every step of establishing your company in the free zone, ensuring a smooth, efficient process that is compatible with local laws. Itqan also provides customized solutions to meet your business needs and enable you to take full advantage of the benefits of working in Dubai.

Types of commercial activities in Dubai

Expected costs of establishing a company in Dubai

The costs of establishing a company in Dubai include a variety of expenses that must be taken into consideration to ensure that the incorporation process goes smoothly. These costs vary based on the type of company, its location, and the nature of the business. Here’s an overview of expected costs without mentioning prices:

1. Commercial license fees: Includes the costs of obtaining the commercial license necessary to practice commercial activity in Dubai. These fees vary based on the type of activity and area chosen.
2. Registration fees: Fees related to registering the company with the relevant government agencies. Includes application costs and documents required to complete the registration process.
3. Rental costs: The cost of renting an office or headquarters for the company. Varies based on location, office size, and available facilities.
4. Service fees: Includes annual service fees such as Chamber of Commerce membership, health insurance services, and municipal service fees.
5. Legal and financial advice: The costs of obtaining legal and financial advice to guide the company establishment process and ensure compliance with local laws.

These total costs form a large part of the financial planning of any new project in Dubai. It is important to use a specialized consulting company such as Itqan Company to obtain accurate guidance and customized estimates that will help you with financial planning and ensure the successful establishment of your company. Itqan Company can also facilitate all required procedures and provide the necessary support at all stages of establishment.

Financial guarantees required to establish a company in Dubai

When establishing a company in Dubai, you may have to provide some financial guarantees to ensure compliance with local laws and meet the requirements of relevant authorities. These guarantees vary depending on the type of company, business activity, and location. Here is an overview of the financial guarantees required:

1. Paid-in capital: Some types of companies require the deposit of a specific capital as a condition for establishing the company. This amount is deposited in a bank account in the name of the company and appears as a financial guarantee for the seriousness of the investment. The value of paid-up capital varies depending on the type of company and business activity.
2. Bank guarantee: Some government agencies or free zones may request a bank guarantee to guarantee payment of financial obligations such as rents or fees due. A bank guarantee is a pledge from the bank to pay a specified amount in the event that the company is unable to meet its obligations.
3. Financial Deposit: Some free zones require financial deposits as security to cover specific costs such as recruitment and visas. The deposit is returned to the company after all requirements and obligations are met.
4. Workers’ insurance: Companies must provide financial guarantees to cover health and work-related injury insurance for employees. These guarantees aim to protect employees’ rights and provide a safe working environment.
5. Commercial Insurance: Some businesses may require commercial insurance as a condition for conducting the activity. This includes insurance against various risks that the company may face.

By hiring a specialized consulting firm like Itqan, new companies can avoid financial and administrative challenges and ensure that the company is successfully established and complies with all legal and financial requirements in Dubai.

Our service in your business in Dubai

Itqan Company is considered one of the leading companies in providing advisory services and support to companies and businessmen in Dubai. The company is distinguished by a comprehensive range of services aimed at enhancing and developing businesses and increasing successful opportunities in the local and global market. Itqan Company offers a variety of services that can help in the development and success of your business in Dubai. Among the services it provides:

1. Business Consulting: Providing strategic consultations to analyze the market, identify opportunities and challenges, and develop effective business plans.
2. Company Incorporation: Assistance in establishing companies by preparing legal documents and assisting with administrative and financial choices.
3. Brand Marketing and Promotion: Design comprehensive marketing campaigns and develop marketing strategies to increase brand awareness and attract customers.
4. Finance and Investment: Providing financial consulting services to analyze potential investments, prepare for financial requests, and obtain the necessary financing.
5. Technology and Innovation: Developing innovative technology solutions such as mobile applications, custom software, and graphic analytics.

Itqan Company works to provide comprehensive and customized solutions that suit the needs of customers, helping them achieve their business goals and achieve success in the business environment in Dubai.

Your activity in Dubai

At the conclusion of this article, in which we reviewed the list of various commercial activities in Dubai and the role of Itqan Company in supporting and guiding businessmen and investors, we find that Dubai is an ideal destination for starting and expanding businesses. It provides investors with broad opportunities in various economic sectors, and provides a stimulating investment environment that attracts many successful companies and projects.

Itqan Company is considered an important partner in the investment and expansion journey in Dubai, as it provides the necessary consultations and services to help make the right decisions and achieve success in the local and global market. The company guides businessmen and provides financial, legal and administrative advice to ensure compliance with laws and make the most of available opportunities.

Considering the role of Itqan Company according to what was mentioned in the article, it can be said that it represents an important bridge between businessmen and the commercial environment in Dubai, as it enhances communication and provides comprehensive support to achieve success and achieve the future goals of companies and investors.

In this way, cooperation and partnership between the private sector and consulting companies such as Itqan are enhanced , which contributes to advancing economic development and enhancing Dubai’s position as one of the most prominent investment and commercial destinations in the world.

Frequently asked questions about the list of business activities in Dubai