Procedures for establishing a company in Dubai. Dubai is considered one of the most prominent global business destinations thanks to its strategic location, advanced infrastructure, and the distinguished economic environment it provides. Establishing a company in Dubai represents a great opportunity for investors to achieve success and growth in a global market full of potential. However, to achieve this success, it is necessary to carefully understand and implement the procedures necessary to establish a company. Cooperating with Itqan Company allows investors to benefit from its extensive experience and professionalism in this field, which contributes to greatly accelerating and simplifying the process. Itqan Company provides integrated support, starting from the initial planning stage until the completion of all legal and administrative procedures.

This support includes providing advice on the ideal type of company for your business, preparing and submitting the necessary documents, and dealing with government agencies to obtain the required licenses and permits. The process of establishing a company in Dubai requires going through a number of basic steps, such as choosing the type of company, preparing a comprehensive business plan, registering the company, and obtaining the necessary licenses. In addition, it is necessary to open a bank account in the name of the company and complete visa and employment procedures. Itqan Company provides investors with guidance and advice to ensure full compliance with legal requirements and avoid any complications that may arise during the process. In cooperation with Itqan, investors can focus on developing their business while the specialized company handles legal and administrative matters, making the process of opening a company in Dubai smoother and more effective.

Procedures for establishing a company in Dubai

Basic steps to establish a company in Dubai

Dubai is considered one of the most important global business destinations thanks to its advanced investment environment and the diversity of economic opportunities available. Establishing a company in Dubai can be an important strategic step towards success in a vibrant and growing global market. To achieve this success, it is necessary to carefully understand and apply the basic steps of company incorporation to ensure full compliance with legal and administrative requirements. These steps include determining the type of company, submitting the necessary documents, obtaining licenses, and dealing with all legal and commercial aspects that investors may face. Knowing the basic procedures contributes to speeding up and simplifying the incorporation process, which helps to achieve business goals effectively. In this context, we review the basic steps that must be followed to establish a company in Dubai , providing investors with a detailed guide to successfully starting their business.

• Determine the type of company: The process begins by determining the type of company that is most appropriate for your business, whether it is a limited liability company, a public joint stock company, an individual company, or a company in a free zone. The choice depends on the business objectives and type of activity required.
• Preparing a business plan: A comprehensive business plan must be prepared that explains the company’s activity, strategies, financial expectations, and goals. This plan helps define a clear vision for the business and facilitates registration procedures.
• Choosing the company’s location: Determining the company’s location is a vital step, as a location can be chosen on the mainland or in one of the free zones. The site must fit the type of business and meet legal requirements.
• Submitting a registration application: Submitting a company registration application to the relevant authorities. This includes submitting required documents such as passports, proof of address, and business plan, as well as completing registration forms.
• Completing the legal procedures: obtaining the necessary licenses and registering the company in the commercial registries. This includes signing the lease, obtaining the necessary permits, and meeting any additional legal requirements.
• Opening a bank account: It is necessary to open a bank account in the name of the company to facilitate the management of financial operations. Banks may require additional documents such as a business license and lease agreement.
• Obtaining visas: Completing the procedures for obtaining the necessary visas for employees and investors, in accordance with the requirements of the Department of Economic Development or the Free Zone.
• Completing operational arrangements: equipping the office or facility, hiring employees, and implementing the management systems necessary to successfully start business operations.

By implementing these basic steps, investors can effectively establish their companies in Dubai, enhancing the chances of success and growth in the dynamic business environment that the city offers.

Basic documents required to establish a company in Dubai

Establishing a company in Dubai represents a golden opportunity for investors seeking to benefit from the dynamic business environment and rapid growth that the city provides. To ensure that the incorporation process runs smoothly and efficiently, it is necessary to submit a set of basic documents that contribute to meeting the legal and administrative requirements. These documents form an essential part of the company registration and establishment process, as they help in verifying the identity, business activity, and legal procedures necessary to start work in Dubai. In this context, we present the basic documents required to establish a company in Dubai, making it easier for investors to prepare their documents and simplifying the incorporation process.

• Passports: Copies of passports must be submitted for both shareholders and directors of the company. These documents are used to verify the identity of interested parties and ensure they comply with local laws.
• Personal photographs: Recent personal photographs of shareholders and directors must be submitted. These images are used in official company documents and licenses.
• Proof of Residential Address: Provide documents proving the current residential address of both shareholders and directors, such as utility bills, lease contracts, or any other official documents.
• Business plan: Preparing a detailed business plan that explains the company’s activity, goals, market strategies, and financial expectations. A business plan helps define a clear vision for business activities and ensure its alignment with market requirements.
• Office Lease Contract: A lease contract must be submitted for an office in the company’s chosen location, whether in the free zones or on the mainland. Having a physical headquarters is an essential part of the establishment process.
• Certificates of no criminal record: Providing a certificate issued by local authorities confirming that investors and managers have no criminal record, in order to ensure compliance with security and legal standards.
• Approval permit from the authorities: In some cases, it may be necessary to obtain a permit or approval from the government authorities concerned with the planned commercial activity.
• Company registration forms: Fill out company registration forms provided by government agencies or free zones, including details about the type of company, administrative structure, and commercial activity.
• Additional documents: Some free zones may require additional documents based on the type of business activity, such as special licenses or environmental approvals.

Submitting these documents accurately and in compliance with legal requirements contributes to accelerating the process of successfully registering and establishing a company in Dubai, which helps investors start their business effectively and in accordance with local laws.

Types of companies that can be established in Dubai

Types of companies that can be established in Dubai

Dubai is one of the leading global business destinations thanks to its strategic location, modern infrastructure, and encouraging economic policies. The process of establishing a company in Dubai is an important step towards entering a global market full of business opportunities. However, before starting the process, it is necessary to understand the different types of companies that can be established in the city, as each type differs in its legal requirements, administrative structure, and benefits available. Dubai provides a flexible environment that allows investors to choose the type of company that best suits their business activity and goals. In this context, we review the main types of companies that can be established in Dubai, which helps investors make informed decisions and determine the best structure for their business.

• Limited Liability Company (LLC):

A limited liability company is one of the most common types of companies in Dubai. This type of company allows investors to be protected from personal liabilities thanks to the financial liability of the company being determined on the basis of the shares owned. In this type of company, investors need a local partner who owns 51% of the shares on the mainland, while the foreign investor owns 49%.

• Public or private joint stock company:

Public or private joint-stock companies can be an attractive option for investors seeking to raise capital through a stock offering. Public joint stock companies can offer their shares for trading on stock exchanges, while private joint stock companies provide greater flexibility in managing capital without offering shares to the public.

• Sole Proprietorship:

Individuals are allowed to establish sole proprietorships in Dubai, where the owner is solely responsible for all aspects of the company. This type of company is flexible and easy to establish, and is considered suitable for small and medium businesses.

• Company in free zones:

Companies established in Dubai’s free zones benefit from significant benefits such as tax exemptions and full ownership of the company. Free zones include Jebel Ali, Dubai Silicon Oasis, and Dubai Media City, each of which provides a dedicated environment for specific business activities.

• Limited Liability Partnership (LLP):

This type of company is a mix between a partnership and limited liability, where the partners participate in management and have limited liability based on their shares in the company. This option is suitable for businesses that require close cooperation between partners.

• Offshore company:

Offshore companies in Dubai allow investors to create legal entities with full ownership without the need for a local partner. These companies are registered in offshore free zones, such as the Dubai International Financial Centre, and provide a flexible legal and accounting environment.

Choosing the appropriate type of company depends on the business objectives, nature of activity, and market requirements. Knowing these types helps investors make the right decisions and ensure they establish a company that aligns with their strategies and vision for the business.

Our company’s role in establishing a company in Dubai

Establishing a company in Dubai is a crucial strategic step towards success in one of the most vibrant and advanced markets in the world. By cooperating with Itqan, investors can benefit from its in-depth experience and extensive knowledge of legal procedures and requirements in Dubai . Itqan Company contributes to simplifying and facilitating the establishment process by providing integrated support that includes specialized consultations, preparing documents, and providing assistance in dealing with government agencies. By cooperating with Itqan Company, investors are able to overcome the challenges they may face during the establishment process and ensure full compliance with legal requirements.

The company provides professional advice that helps in choosing the ideal type of company, preparing a detailed business plan, and providing everything necessary to ensure that the process runs smoothly. In addition, Itqan Company contributes to speeding up procedures by effectively dealing with company registration, obtaining licenses, and visa procedures. With Itqan’s support, investors can focus on developing their business and achieving their business goals without worrying about legal and administrative complexities. Ultimately, cooperating with Itqan not only saves time and effort, but also ensures sustainable success in the dynamic Dubai market. Benefiting from Itqan’s support could be a key to achieving success and stability in the evolving business environment in Dubai, which contributes to strengthening the company’s position and increasing its growth opportunities in the future.

Frequently asked questions about establishing a company in Dubai