Learn how to open an organization in Dubai because opening a business or company in Dubai has become one of the demands of many people. Dubai’s economy, which has increased recently, has attracted everyone to Dubai to open various business activities, but no one can do business until the conditions of the relevant authorities in Dubai are implemented, one of the most important of which is the presence of a company that you wish to establish. This case is not one of the simple things that can be easily implemented. Many procedures and requirements are needed, which requires a lot of effort, and therefore the Itqan Company, which specializes in establishing and opening an institution in Dubai, can be used . Our company is the best company that helps people open large enterprises in Dubai.

Opening an establishment in Dubai

Establishing a company in Dubai

Dubai’s economy is one of the most important factors that helped encourage many people to invest their money in it. Dubai’s economy recently depends on oil as oil was discovered in Dubai, and the economy stopped trading pearls and selling marine products to oil, which led to the entire Emirates being one of the richest Arab countries in the world, which prompted everyone to return to the UAE. Dubai, in particular, to invest money in and benefit from. Dubai is located in a privileged location along with the presence of oil and a high standard of living, and there is a distinctive transportation network that supports movement between Dubai and all countries of the world, as well as the political calm that characterizes Dubai, which makes its residents feel safe, secure and reassured. However, for a person from the UAE to engage in business activities, they must take several steps, including starting a company that will serve as their main headquarters for their business. the person.

How to open an organization in Dubai

To open an establishment in Dubai, you need to take many necessary steps so that you can own a business legally and properly without any problems. Steps to start a business in Dubai:

1. Determine the business activity : You must first determine the type of business activity you want to practice. You must choose the appropriate activity that is in line with Dubai laws.
2. Choosing the legal structure : You can choose the legal structure of the organization, such as a sole proprietorship, a limited liability company, or a joint liability company. A legal advisor can help you choose the most appropriate structure.
3. Determine the name of the organization : Choose a name for the organization that complies with the laws and regulations of Dubai. The name must be not already in use and not in violation of the law.
4. Obtaining approvals : You may need to obtain approvals from the relevant authorities before applying for a commercial license, especially if you engage in an activity that requires special approvals.
5. Applying for a commercial license : Submit an application for a commercial license with the Dubai Economic Development Department (DED). Required documents must be submitted such as a copy of the passport, a personal photo, a copy of the rental contract, etc.
6. Obtaining final approvals : After submitting the application, the documents will be reviewed and you may need to obtain additional approvals from certain parties.
7. Registration with the Department of Economic Development : After the application is approved, you will need to register the organization with the Department of Economic Development and pay the required fees.
8. Open a bank account : Once you obtain your business license, you can open a business bank account for the organization.
9. Obtaining work visas : If you need to bring in employees, you can apply for work visas for them.
10. Final preparation : After completing all procedures, you can start operating the foundation.

It is recommended to use a company specialized in providing legal and administrative services, such as “Itqan” Company, to facilitate this process and ensure compliance with all legal and administrative requirements.

Establishing a company in Dubai   or opening an institution requires compliance with a set of legal and administrative conditions and requirements. Here are some basic conditions:

1. Choosing a business : You must determine the type of business activity you want to practice. You must choose the appropriate activity from the list of activities approved by the Dubai Economic Development Department (DED).
2. Choosing a legal structure : An appropriate legal structure can be chosen for the company, such as:
   • Individual Foundation.
   • Limited Liability Company (LLC).
   • Joint company.
   • Branch of a foreign company.
3. Choosing a company name : A name for the company must be chosen that is consistent with local regulations, provided that the name is not registered to another company and does not violate social values ​​and standards.
4. Obtaining initial approvals : Some commercial activities require special approvals from certain authorities before applying for a commercial license. For example, medical activities require approval from the Dubai Health Authority.
5. Articles of Association and Legal Documents : Preparing the Articles of Association and required legal documents. In the case of a limited liability company, the number of partners and the percentage of participation for each of them must be determined.
6. Company address : A lease contract must be provided for the company’s headquarters approved by the Dubai Real Estate Regulatory Authority.
7. Obtaining a commercial license : After completing the documents, you must apply for a commercial license from the Department of Economic Development in Dubai. This includes submitting a copy of the passport, personal photographs, articles of incorporation, and lease agreement.
8. Obtaining final approvals : Some activities may require obtaining final approvals from various government agencies.
9. Opening a bank account : After obtaining the commercial license, a commercial bank account must be opened for the company.
10. Registration with tax authorities : If the company deals with value-added tax (VAT) or other taxes, it must register with the Federal Tax Authority.
11. Obtaining work visas : If you need employees, you can apply for work visas for them.

Cooperating with specialized companies such as “Itqan” company can facilitate these procedures for you and ensure compliance with all legal and administrative requirements.

 

Establishing a company in Dubai

 

Investing in Dubai

The United Arab Emirates is one of the best places to start foreign investment, especially in Dubai, one of the best and most beautiful places in the United Arab Emirates. As a result, many visitors from all over the world come to visit and invest in them. The success of investment in Dubai is supported by the presence of oil, reliance on it in its economy, and the availability of many resources. Dubai is also one of the countries that features a favorable business environment for many activities. This is because the UAE has a stable political environment and the UAE is always working to create the best investment environments at the regional and international levels. According to many reports, the UAE has become the first leading company. So investing in the United Arab Emirates is one of the most successful and profitable things that have achieved a high success rate, but start investing in any field. There are many procedures and steps that you need, and our company helps you meet all the procedures and requirements you need to start your activity.

 

Investment opportunities in Dubai

Dubai is considered one of the most attractive investment destinations in the Middle East, thanks to its favorable investment environment, advanced infrastructure, and flexible economic policies. Here are some investment opportunities in Dubai :

1. Real Estate : Investing in the real estate sector is considered one of the most popular and profitable fields in Dubai. Whether investing in residential apartments, villas, or commercial offices, Dubai offers great opportunities due to the constant demand for properties.
2. Trade : Dubai is a global trade center and provides great opportunities for investment in the trade sector, whether it is retail trade, e-commerce, or export and import of goods.
3. Tourism and Hospitality : Dubai is a major tourist destination, making the tourism and hospitality sector an attractive investment. You can invest in hotels, restaurants, tourist resorts, and entertainment.
4. Technology and Innovation : Dubai encourages innovation and technology, and provides investment opportunities in the fields of financial technology (Fintech), e-commerce, artificial intelligence technologies, and others.
5. Financial Services : Dubai is a global financial center, providing opportunities to invest in financial services, such as banks, insurance companies, asset management, and innovative financial services.
6. Industry : With many free zones and industrial zones, there are great opportunities for investment in industry sectors, such as manufacturing, packaging, and electronics.
7. Healthcare : Dubai seeks to be a global healthcare hub, providing investment opportunities in hospitals, medical centres, pharmacies, and health services.
8. Education : Population growth and cultural diversity in Dubai increases the demand for educational services, providing opportunities for investment in schools, universities, and educational centers.
9. Renewable energy : Dubai is focusing on renewable energy and sustainability, which opens the way for investment in solar and clean energy projects.
10. Logistics : Dubai is considered a major logistics hub thanks to its geographical location and advanced facilities.

In conclusion, opening an enterprise in Dubai represents a unique opportunity for entrepreneurs and investors, as the emirate is distinguished by its strategic location, favorable economic environment, and advanced infrastructure. Whether you are looking for opportunities in trade, services, or technology, Dubai offers a wide range of options for success and growth. By complying with legal and administrative requirements and taking advantage of the facilities and services available, anyone can achieve their project vision and grow their business in this dynamic and thriving market. Government support and promotional initiatives, as well as an open investment environment, make Dubai an ideal destination for innovation and economic growth.

 

Frequently asked questions about opening an organization in Dubai

What are the basic steps to open a foundation in Dubai?

Defining the business activity, choosing the legal structure, choosing the company name, obtaining initial approvals, submitting the business license application, opening a bank account, and registering with the tax authorities.

Do I need a local partner to open an organization in Dubai?

In some cases, such as limited liability companies, the law requires a local partner to own 51% of the shares. However, foreigners can open companies in free zones without the need for a local partner.

What documents are required to register an organization in Dubai?

Documents usually include a copy of the passport, a personal photo, lease agreement, articles of incorporation, and business activity approval if necessary.

How long does it take to establish a corporation in Dubai?

The duration can vary depending on the type of institution and the complexity of the procedures, but usually takes from two weeks to a month.

Do I have to obtain special licenses for certain activities?

Yes, some commercial activities require special licenses or approvals from relevant authorities, such as medical or educational activities.