Establishing companies in the UAE is one of the most important investment options that attract investors from all over the world, thanks to the UAE’s advanced and stable economic environment that provides wide opportunities for growth and expansion. The UAE is a leading destination for entrepreneurs and large companies alike, as it provides legal and tax facilities and advanced infrastructure that supports all types of commercial projects from small and medium-sized to multinational companies. The economic diversity in the UAE and the availability of various sectors such as trade, technology, real estate and tourism are factors that make establishing companies in it an ideal choice for achieving commercial success.

The UAE features several free zones that make establishing companies easy and fast. These zones offer great incentives such as full tax exemptions on income and companies and 100% foreign ownership, making them attractive to foreign investors. In addition, the free zones provide modern infrastructure and a competitive business environment, which enhances the efficiency and speed of establishment and operation processes.

By cooperating with Itqan, investors can obtain the necessary support to establish their companies in the UAE in a smooth and organized manner, as Itqan provides specialized consulting services that include providing legal and administrative consultations, preparing the required documents, and guiding clients through all stages of establishing the company. These services help investors overcome bureaucratic and regulatory obstacles, ensuring that the company is established in accordance with local laws and at the lowest possible cost.

In short, opening companies in the UAE is a strategic step that opens the doors to wide investment opportunities, and cooperation with Itqan Company contributes greatly to facilitating the establishment process and ensuring compliance with all legal and administrative requirements, which enhances the chances of commercial success in this dynamic and evolving market.

Types of companies that can be established in the UAE

The United Arab Emirates is one of the most attractive destinations for entrepreneurs and investors looking to establish new companies, thanks to its stable economic environment and government policies that encourage investment. The UAE also offers many advantages such as tax exemptions, advanced infrastructure, and a distinguished geographical location. In addition, the UAE is characterized by the presence of a variety of types of companies that can be established, which gives investors great flexibility in choosing the legal form that best suits their business. Whether the goal is to expand into local or global markets, or to establish a small or large company, the UAE offers multiple options that suit the various needs of commercial projects.

There are several types of companies that can be established in the UAE, each of which meets specific needs based on the nature of the business and the type of business activity. From local companies on the mainland, to companies that can be established in free zones or even offshore companies, these different types allow investors to choose the model that suits them based on their business requirements. Types of companies that can be established in the UAE:

• Limited Liability Company (LLC): The most common type of limited liability company in the UAE, LLCs are an ideal choice for small and medium-sized businesses. This type limits the liability of partners based on their capital contributions.
• Public Joint Stock Company (PJSC): This type of company is suitable for large companies that want to raise capital by issuing shares. The shares are offered to the public, and the company must have at least 10 shareholders.
• Private Joint Stock Company (PrJSC): Private joint stock companies are similar to public joint stock companies, but they do not offer their shares to the public. This type is suitable for companies that want to finance their business without offering shares on the public markets.
• Sole Proprietorship: This category allows sole proprietors to easily establish their own companies. The individual has full control over the company, but the responsibility lies entirely with him.
• General Partnership: This type of company is established between two or more partners, who share the capital and responsibilities. General Partnerships are suitable for family businesses or small partnerships.
• Free Zone Company: Companies established in free zones offer the benefit of full foreign ownership, as well as significant tax exemptions. These companies are ideal for foreign investors who want to own their companies 100%.
• Offshore Company: This type of company is established outside the country where the main activity is carried out. Offshore companies are suitable for companies that want to manage their operations internationally without having a physical presence in the UAE.

These different types of companies allow investors great flexibility to choose the appropriate legal form that aligns with their business strategies and objectives.

Basic steps to establish a company in the Emirates

The United Arab Emirates is one of the world’s most prominent investment destinations, providing a flexible and advanced business environment that supports the growth of businesses and projects of all kinds. Whether you are thinking of establishing a small or medium-sized company, or a large multinational corporation, the UAE offers a wide range of investment opportunities in many economic sectors. Modern infrastructure, investment-friendly government policies, and a strategic geographical location make the UAE an ideal place to establish a business. With clear laws and regulations, establishing a company in the UAE has become an easy and smooth process that requires simple basic steps, through which investors can start their business quickly and efficiently.

To successfully establish a company in Dubai , a set of basic steps must be followed to ensure compliance with local laws and obtain the necessary licenses. These steps include legal and regulatory procedures, starting from choosing the business activity, all the way to registering the company and obtaining licenses. The basic steps to establish a company in the Emirates:

• Choosing a Business Activity: The first step in the process of establishing a company is to determine the type of business activity you want to engage in. The UAE offers more than one different business activity to choose from, which makes it essential to choose the activity accurately.
• Determine the legal form of the company: After choosing the activity, you must determine the legal form of the company, such as a limited liability company (LLC), a public joint-stock company, or a sole proprietorship. The choice of legal form depends on your needs and business goals.
• Choosing a trade name: A trade name must be chosen that reflects the company’s identity and is in line with local laws. It must be ensured that the name does not conflict with previously registered trademarks and that it complies with the standards set by the Department of Economic Development.
• Applying for initial approvals: After determining the activity, legal form and trade name, you must apply for initial approvals from the relevant government agencies, such as the Department of Economic Development. These approvals allow you to begin completing the company establishment procedures.
• Preparing the necessary documents: A set of documents required to register the company must be prepared, such as copies of the founders’ passports, the articles of association, and the approval of the competent authorities if the activity requires it.
• Renting an office or business premises: Companies in the UAE must provide a physical address for the company. An office can be rented or shared workspaces can be used, depending on the company’s requirements. This address will be registered as the official address of the company.
• Registration with government departments and obtaining a license: After obtaining all approvals and preparing the documents, the final application is submitted to register the company with the Department of Economic Development or the competent authority depending on the type of company. After completing the procedures, the commercial license is issued that allows the activity to be practiced.
• Opening a bank account: After obtaining the commercial license, the company must open a bank account in a local bank to facilitate financial management and money transfer.
• Tax Registration (if applicable): Some businesses are required to register for Value Added Tax (VAT) if they meet the requirements. Registration is done with the Federal Tax Authority.

By following these basic steps, investors can easily set up their companies in the UAE and start their business in a thriving and stable economic environment. The UAE offers tremendous opportunities for growth and expansion, making it an ideal destination for businessmen from all over the world.

Our company’s role in establishing companies in the Emirates

In conclusion, establishing companies in the UAE is a golden opportunity for any investor seeking to achieve success in a stable and prosperous economic environment. The UAE enjoys a world-class infrastructure and a range of legal and tax facilities that make it an ideal destination for business. Whether you are an entrepreneur looking to start a small project or a large investor seeking to expand his business, the UAE provides everything you need to achieve your business goals.

By cooperating with Itqan Company, all steps of establishing a company are facilitated, as the company undertakes to provide the necessary support to overcome any challenges that investors may face in legal and administrative procedures. Itqan Company provides comprehensive consulting services that include preparing the required documents, obtaining the necessary licenses, and providing innovative solutions for establishing companies in the Emirates in a way that meets the needs of investors and contributes to achieving their business goals quickly and efficiently.

With Etqan’s extensive experience in establishing companies, investors can rely on it to ensure compliance with all local laws and regulations and avoid any delays or problems that may arise during the establishment process. The company always seeks to provide the best possible solutions at reasonable costs, making it a reliable and effective partner in achieving commercial success.

Establishing a company in the UAE is not just a step towards achieving commercial success, but rather an investment in a prosperous future in one of the fastest growing economies in the world. In cooperation with Itqan, investors can ensure a smooth and successful experience in establishing their companies, which enhances their chances of making the most of the advanced economic environment in the UAE. In conclusion, establishing in the UAE remains a strategic option that opens up broad horizons for achieving growth and expansion in local and international markets.

Frequently asked questions about company formation in the UAE