Cost of setting up a company in Dubai – Start your company now, Dubai is one of the most prominent business destinations in the world thanks to its advanced economic environment and modern infrastructure it offers to investors. If you are considering setting up a company in Dubai, you will find that the city offers a wide range of investment opportunities that suit various business activities. With multiple free zones and flexibility in company ownership, Dubai provides investors with an ideal environment for growth and expansion. However, the process of setting up a company in Dubai can be a bit complicated and requires a thorough understanding of the procedures and legal requirements.

Itqan is the ideal partner to help you achieve your business goals in Dubai. With its extensive experience and in-depth knowledge of the legal and procedural system in the emirate, Itqan can provide full support to facilitate the process of opening a company in Dubai . By partnering with Itqan, you can benefit from specialized consultations and effective management of all aspects of establishing your company, from choosing the business activity and registering the name, to setting up the office and obtaining the trade license. Itqan provides integrated services that include guidance throughout all stages of establishment, allowing you to focus on developing your business strategies and achieving success in the market. Through this partnership, you will be able to efficiently overcome administrative and organizational challenges, ensuring a strong and promising start to your business in Dubai.

Basic steps to establish a company in Dubai

Dubai is one of the most attractive business destinations in the world, thanks to its thriving economic environment, advanced infrastructure, and numerous investment incentives. Establishing a company in Dubai opens up a wide range of business and economic opportunities for investors, and allows them to benefit from the city’s strategic location as a global business hub. However, the process of establishing a company in Dubai involves several essential steps that must be followed to ensure that your business starts smoothly and efficiently. Here are the basic steps to establish a company in Dubai : Basic steps to establish a company in Dubai :

• Determine the business activity: The incorporation process begins with determining the type of business activity you wish to engage in. It is important to choose an activity that is in line with Dubai laws and market requirements to ensure success.
• Choosing a company name: After determining the activity, you must choose a trade name that suits your activity and is unique and not similar to the names of other registered companies. Check the availability of the name and obtain approval from the competent authorities.
• Submitting the registration application: Submit the company registration application to the relevant authority in Dubai. This includes submitting the registration application form along with the required documents such as passports, personal photos, and a description of the business activity.
• Receiving Initial Approval: After submitting the application and documents, you will receive initial approval to establish the company. This approval includes approval of the name, business activity, and location where the company will operate.
• Signing a lease: To establish your company, you must lease an office or commercial space. Sign the lease with the landlord and submit a copy of it with your registration documents.
• Obtaining a commercial license: After receiving the initial approval and signing the lease contract, you can apply for a commercial license. This stage includes paying the required fees and submitting all the necessary documents to obtain the license.
• Opening a bank account: After obtaining the trade license, you must open a commercial bank account in one of the approved banks in Dubai. The bank account will help you manage the financial operations of the company.
• Visa Processing: Depending on the number of founders and employees, apply for work and residence visas. Visas require additional documents and are subject to the requirements of the relevant authorities.
• Starting Business Operations: After completing all the above steps, you can start your company and start your business operations in Dubai. Make sure to comply with all local regulations and systems to ensure your continued success.

By following these basic steps, you can effectively establish your company in Dubai and take advantage of the business opportunities available in a distinguished business environment.

Documents required to establish a company in Dubai

Dubai is one of the world’s leading business and investment destinations thanks to its dynamic economic environment and advanced infrastructure. To successfully establish a company in Dubai, it is essential to prepare and submit a set of required documents that ensure the process is compliant with local laws and facilitate administrative procedures. These documents help speed up the registration process and provide the necessary support to ensure a smooth start-up. Documents required to establish a company in Dubai :

• Passports: Color copies of the passports of the founders and key investors of the company must be provided. The passports must be valid and of clear quality to ensure easy verification.
• Personal Photos: Recent personal photos of the founders and directors are required. The photos must be recent and of high quality according to the standards specified by the competent authority.
• Registration Application Form: The registration application form of the competent authority in Dubai must be completed and submitted, which includes details of the business activity, company structure, and personal information of the founders.
• Business Plan: Provide a detailed business plan that outlines the company’s goals, market strategies, and financial plans. The business plan helps assess the feasibility of the project and ensure its compliance with the requirements of the stakeholders.
• Lease Contract: A lease contract for an office or commercial space in Dubai must be submitted. The contract must be valid and signed by the entity that owns the office or space.
• Shareholder Approval: If there are partners or shareholders, documents must be submitted showing their approval of the establishment of the company. This may include official powers of attorney or legal documents as required by the relevant authorities.
• Incorporation Documents: Incorporation documents such as the Articles of Association and Memorandum of Association are required. These documents specify the structure of the company, the distribution of shares, and the powers of the directors.
• Business Proof: Provide evidence of the nature of the business the company will be conducting. This document may include details about the products or services offered.
• Insurance: Some entities may require insurance policies that include liability or property insurance. Check the specific insurance requirements of the entity responsible.
• Additional Permits: Depending on the type of business, you may need to apply for additional permits or licenses related to the specific activity, such as health or environmental licenses.

By submitting these documents accurately and in an organized manner, you can speed up the process of establishing your company in Dubai and ensure that your business starts smoothly and in accordance with legal requirements.

Our company’s role in establishing a company in Dubai

In conclusion, establishing a company in Dubai is an important strategic step towards achieving success in one of the most dynamic business environments in the world. Dubai offers multiple investment opportunities thanks to its modern infrastructure, government facilities, and dynamic economic environment. However, the process of establishing a company can be complex and requires a thorough understanding of the procedures and legal requirements. This is where Itqan comes in as a key partner in facilitating this process.

By partnering with Itqan, you can benefit from its deep expertise and extensive knowledge of the legal and procedural system in Dubai. Itqan provides comprehensive and integrated services that cover all stages of company establishment, starting from providing initial consultations and determining the appropriate business activity, to registering the company, obtaining a commercial license, and setting up the office. With the support provided by Itqan, you can overcome any challenges you may face and avoid any potential complications, allowing you to focus on developing your business strategies and achieving your goals.

Partnering with Itqan ensures you have a strong and smooth start in the market, as the company effectively manages all administrative and organizational aspects, saving you time and effort. Thanks to the professionalism and dedication that characterizes Itqan, you can be confident that all the details of establishing your company will be handled efficiently and professionally. Therefore, by cooperating with Itqan, you will have laid a solid foundation for your business success in Dubai, opening wide doors for you to achieve your goals and expand your business in an encouraging and prosperous business environment.

Our company’s role in establishing a company in Dubai