Establishing a company in Dubai and Abu Dhabi requires following a set of basic steps to ensure compliance with all legal and procedural requirements. Here are the main establishment steps:

1. Choose the type of company : Determine the type of company you wish to establish, such as a limited liability company, a private joint stock company, or a branch of a foreign company, based on the nature of the business activity and your requirements.
2. Choose a trade name : Choose a trade name for your company that is consistent with local laws and regulations, and make sure it is not registered to another company.
3. Preparing legal documents : Prepare the required documents such as articles of incorporation, copies of passports, trade name approval, etc.
4. Determine the location of the company : Choose a location for the company, whether it is an office in a mall or in one of the free zones in Abu Dhabi.
5. Submit an application for a license : Submit an application for a commercial license from the Department of Economic Development in Abu Dhabi, including all required documents.
6. Opening a bank account : Open a bank account in the name of the company in a local bank, and deposit the required capital according to the type of company.
7. Registration with the relevant authorities : Register your company with the relevant authorities, such as the General Authority for Taxes and Social Security, and obtain a tax registration number.
8. Obtain permits and approvals : Obtain the necessary permits and approvals based on the type of business, such as work permits and health licenses.
9. Preparing the office and hiring employees : Prepare the office and hire the necessary personnel to operate the company according to business requirements.
10. Compliance with local laws : Ensure compliance with all local business-related laws and regulations, such as labor and tax laws.

Itqan Company helps accelerate these steps by providing specialized consultations and facilitating legal and administrative procedures.

Establishing a company in Abu Dhabi provides many advantages that attract investors and businessmen. The most prominent of these advantages are:

1. Encouraging investment environment : Abu Dhabi offers a favorable business environment thanks to its stable economic policies that encourage investment, which enhances the chances of companies’ success.
2. Tax incentives : Abu Dhabi offers attractive tax incentives, including tax exemptions on profits for some business activities, which reduces the financial burden on companies.
3. Advanced infrastructure : Abu Dhabi has a modern infrastructure and an advanced transportation network that includes roads, airports and ports, which facilitates transportation and distribution operations.
4. Opportunities to access new markets : Thanks to its strategic location, Abu Dhabi provides easy access to the Gulf and Middle East markets, which enhances opportunities for expansion and growth.
5. Flexible legal systems : Abu Dhabi provides flexible and supportive legal systems for companies, including intellectual property protection laws and licensing and permit facilities.
6. The presence of free zones : Abu Dhabi contains free zones that provide facilities such as exemption from taxes and customs duties, and allow full ownership of foreigners, which provides more flexibility for investors.
7. Financing Opportunities : Abu Dhabi offers various financing opportunities through local banks, investors and venture capital companies, which helps startups secure the necessary capital.
8. Political and security stability : Abu Dhabi provides a politically and security stable environment, which enhances confidence in the business environment and enhances the stability of companies.
9. Government support and entrepreneurship initiatives : The local government supports entrepreneurship initiatives and provides training and advisory programs to promote the growth of small and medium enterprises.

These advantages contribute to making Abu Dhabi an ideal destination for establishing companies, providing investors with a supportive environment to achieve their business goals.

To establish a company in Dubai and Abu Dhabi, you need to submit a set of documents and essential documents to ensure the successful completion of the registration process. Paperwork required usually includes:

1. Application to establish a company : An application form for establishing a company that can be obtained from the Department of Economic Development (DED) or through its website.
2. Copies of passports : Colored copies of passports for founders, directors and shareholders.
3. No-objection certificate : If one of the shareholders is an employee in a governmental or semi-governmental entity, he is required to obtain a no-objection certificate from his employer.
4. Articles of Association and Articles of Association : Legal documents that define the company’s structure and the rights and obligations of the partners. The Memorandum of Association and Articles of Association are essential documents that must be notarized.
5. Approval of the trade name : confirmation from the Department of Economic Development of the chosen trade name for the company.
6. Proof of Address : A document proving the address of a company’s headquarters, such as a lease or property ownership.
7. Capital : Proof of depositing the required capital in a bank account in the name of the company.
8. Authorizations and signatures : Authorizations and signatures from the founders and directors approved on the required documents.
9. Special licenses : If the business activity requires special licenses (such as health or environmental licenses), documents and proof related to this must be provided.
10. Lease Contract : A copy of the lease contract for the office or commercial headquarters from which the company will operate.
11. Details of directors and shareholders : Provide details about the directors and major shareholders of the company, including information about their professional and financial backgrounds.

Requirements vary slightly depending on the type of company and industry you operate in, so it is recommended to contact the Department of Economic Development or a consulting firm such as Itqan to obtain an accurate and up-to-date list of required documents.

 

Cost factors for establishing a company in Abu Dhabi

The cost of setting up a company in Dubai depends on several key factors that may affect the total expenses. Among these factors:

1. Type of company : The cost of establishing companies varies depending on their type, whether it is a limited liability company, a joint stock company, or a branch of a foreign company. Each type requires different requirements and may incur varying costs.
2. Business License : The cost of obtaining a business license from the Department of Economic Development (DED) can vary depending on the type of business activity and the size of the company.
3. Office rent : The cost of renting an office or place to conduct business activity, which depends on the location and size of the property.
4. Required capital : Some types of companies require a specific deposit of capital in a bank account, which constitutes part of the initial costs.
5. Registration fees : Includes fees paid to obtain special permits and approvals, such as health or environmental permits.
6. Legal consulting services : The cost of hiring a lawyer or legal consultant to prepare the articles of association and articles of association and process legal procedures.
7. Documentation costs : include the costs of documenting documents required by official authorities.
8. Government Taxes and Fees : Some activities require the payment of additional taxes or fees to the local or national government.
9. Insurance : The cost of insuring assets and business activity, which may be mandatory depending on the type of company.
10. Accounting Services : Accounting, financial reporting and tax compliance fees.
11. Recruitment : The costs of hiring employees, including salaries, benefits, and insurance.

It should be noted that the cost of establishment may vary depending on companies and their specific needs, so it is preferable to consult a consulting company such as Itqan to obtain an accurate estimate of costs based on your project requirements.

 

Establishing a company in Dubai

 

Advice from Itqan Company when establishing a company in Abu Dhabi

When establishing a company in Abu Dhabi , Itqan Company provides a set of important advice to ensure the success of the process and avoid potential problems. Here are some tips:

1. Choosing the appropriate type of company : Determine the type of company that is consistent with your business goals and activity. Make sure you understand all the options available such as limited liability companies or joint stock companies.
2. Conduct a feasibility study : Conduct a comprehensive feasibility study to understand the market and demand for your product or service. This step helps determine the best strategy for establishment and growth.
3. Compliance with Legal Requirements : Ensure you are aware of all legal requirements and local regulations related to establishing companies in Abu Dhabi. This includes licenses, permits, and taxes.
4. Choose a suitable location : Select a strategic location for your office or corporate headquarters, as location can impact customer access and efficiency of operations.
5. Proper financial planning : Start with careful financial planning that includes determining the budget, required capital, and cash flow projections. Make sure you have sufficient financial resources to support initial operations.
6. Cooperate with a legal advisor : Obtain specialized legal advice to prepare the articles of association and articles of association and ensure compliance with all laws.
7. Open a bank account : Open a bank account in the company’s name to ensure sound financial management. Make sure you have all the documents required to open the account.
8. Consult local experts : Take advantage of the consulting services provided by specialized local companies such as Itqan, as they can provide you with support and advice on legal procedures and procedures.
9. Prepare documents accurately : Ensure that all required documents are submitted accurately and on time to avoid delays or rejection.
10. Registration with government agencies : Register your company with all required government agencies, such as the Department of Economic Development, to obtain the necessary licenses.
11. Planning for Expansion : Consider future expansion strategies and expansion and growth plans from the beginning to be ready to achieve your long-term goals.

Following these tips can help facilitate the process of establishing a company and avoid potential problems, which enhances the chances of success of your project in Abu Dhabi.

Abu Dhabi is a distinguished destination for investors and businessmen wishing to establish new companies, thanks to its encouraging business environment, advanced infrastructure, and attractive economic policies. By understanding the legal and procedural requirements, good planning, and benefiting from the specialized support provided by consulting companies such as Itqan, tangible success in establishing a business can be achieved. Taking the right steps from the beginning, including choosing the appropriate type of company, carefully preparing documents, and consulting local experts, contributes to facilitating the process and avoiding potential challenges. Abu Dhabi therefore represents a strong platform to enter new markets and achieve business goals, making it a promising strategic choice for ambitious investors.

 

Frequently asked questions about establishing a company in Abu Dhabi

What types of companies can be established in Abu Dhabi?

You can establish different types of companies in Abu Dhabi such as limited liability companies (LLC), private joint stock companies, sole proprietorships, and foreign branches. Each type has its own advantages and requirements.

What are the papers and documents required to establish a company in Abu Dhabi?

Essential papers include the application for company incorporation, copies of the founders’ passports, articles of association and articles of association, proof of address, no-objection certificate (if necessary), and proof of capital deposit.

How long does the process of establishing a company in Abu Dhabi take?

The duration of incorporation depends on the type of company and the complexity of the procedures, but it often takes from several weeks to a month, and may be longer in some cases that require additional approvals.

What is the cost of establishing a company in Abu Dhabi?

Costs vary based on the type of company, size of activity, and licensing requirements. Costs typically include licensing fees, office rent, legal services, and documentation.