Establishing a company in Dubai, Dubai is one of the most prominent global destinations that attract investors and entrepreneurs from all over the world, as it provides an encouraging investment environment and an advanced legal framework that supports the establishment of companies of various types. Whether you are thinking of starting a small project or a multinational company, Dubai offers you a wide range of opportunities and capabilities that help you succeed. Establishing a company in Dubai is not just a business decision, but rather a strategic step that benefits from the emirate’s strategic location and advanced infrastructure that includes global transportation, airports and large ports. It also provides access to major regional and international markets. By cooperating with a specialized company such as “Itqan”, entrepreneurs can shorten many steps and benefit from the company’s experience in facilitating the process of establishing a company by guiding them on the procedures and legal and financial requirements that must be followed

Itqan has extensive experience in establishing companies and providing consulting related to the commercial and investment field in Dubai, making it a reliable partner for business owners and investors. Whether you want to establish a company in the free zones that offer many tax and commercial facilities or in the main areas within Dubai, Itqan provides you with the necessary support to overcome any challenges you may face in the process

By taking advantage of the services provided by “Itqan”, investors can benefit from integrated packages that include preparing all required documents, dealing with the relevant government agencies, and facilitating the process of obtaining the necessary licenses. In addition to providing consultations related to strategic planning and financial management to ensure the sustainability and success of the company. Opening a company in Dubai in cooperation with “Itqan” is not only a guarantee of getting the right start, but also a partnership that ensures your continued success in a dynamic and thriving business environment

Types of companies that can be established in Dubai

Dubai is one of the world’s most prominent destinations for investors and entrepreneurs, thanks to its flexible economic environment and advanced infrastructure that supports growth and innovation. Whether you are an individual investor or a large company seeking expansion, Dubai offers many options for establishing different types of companies that suit your goals and the nature of your business activity. The legal system in Dubai is flexible and clear, making the process of establishing companies easy and quick compared to many other cities. With various free zones and an encouraging investment environment, foreign and local investors can benefit from a wide range of options to establish their companies. By cooperating with “Itqan” Company, all legal and administrative procedures can be facilitated to ensure that the company is established in accordance with local and international requirements.

Types of companies that can be established in Dubai:

• Limited Liability Company (LLC): This type of company is the most common in Dubai, requiring a local partner to own 51% of the company. Foreign partners have ownership of up to 49% of the company. This type is suitable for companies that want to operate in the local market.
• Free Zone Company: Free zones allow 100% foreign ownership, and are ideal for companies that aim to export products or services abroad. Free zones also offer tax and administrative advantages that make them attractive to international investors.
• Private Joint-Stock Company: This company is usually used by large companies that want to raise capital by selling shares to a specific group of investors. There must be at least three shareholders to establish this type of company.
• Public Joint-Stock Company: This type of company is used by large institutions that seek to raise capital by offering shares to the public in the financial market. The public offering percentage of shares must be at least 30%.
• Foreign Company Branch: Foreign companies can open branches in Dubai to carry out their activities. This type of company allows global companies to access the local market without the need for a local partner.
• Sole Proprietorship: This company is established by one individual and the owner is fully responsible for all the obligations of the company.

Basic requirements for establishing a company in Dubai

Establishing a company in Dubai is an important step that attracts many investors and entrepreneurs from all over the world, due to Dubai’s flexible and advanced investment environment in terms of infrastructure and legal regulations. Dubai is known as a global business hub that provides opportunities for various types of commercial and industrial activities, in addition to tax and investment incentives that contribute to supporting commercial and economic growth. However, with all these opportunities, there are some basic requirements that investors must meet to establish a successful and legal company in Dubai. These requirements include preparing legal documents, obtaining the necessary approvals, and complying with the requirements specific to the type of business activity. By cooperating with “Itqan” Company, the procedures can be facilitated and full compliance with local laws can be ensured, making the process faster and smoother.

Basic requirements for establishing a company in Dubai :

• Choosing a trade name: The investor must choose a suitable trade name that reflects the nature of the company, and this name must comply with the trade name laws in Dubai. The trade name is submitted to the Department of Economic Development for approval.
• Determine the type of business activity: The company must determine the type of activity it will carry out, whether it is a commercial, industrial, or service activity. This step is important because it determines the type of business license that will be obtained.
• Submitting a business plan: Companies in Dubai need to submit a business plan outlining business objectives and strategies, which is a basic requirement especially in free zones. This helps the authorities assess the seriousness of the project and its suitability for the market.
• Determining the company’s headquarters: Incorporating a company in Dubai requires a physical headquarters for the company. This headquarters can be in one of the free zones or in the local market. A notarized lease contract must be submitted with the application.
• Preparing legal documents: Required documents include passports of all partners, passport photos, and proof of address. In addition, the articles of association and agreements between partners must be submitted in the case of joint ventures.
• Obtaining initial approvals: Once the required documents are submitted, the investor must obtain initial approval from the relevant authorities, such as the Department of Economic Development or the Free Zone Authority, depending on the type of company.
• Registration with government agencies: After obtaining initial approval, the company must be registered with the relevant government agencies and the necessary legal and financial procedures must be completed.
• Obtaining a commercial license: Once all the conditions and documents are met, a commercial license is issued that allows the company to practice its commercial activity in Dubai.
• Opening a bank account: After establishing the company and obtaining the license, a bank account must be opened in the name of the company to manage financial transactions.

Our company’s role in establishing a company in Dubai

In conclusion, setting up a company in Dubai with Etqan is a strategic move that ensures you enter a growing global market with confidence and guidance. Dubai is not only a global economic hub but also an ideal environment for innovation and growth. When deciding to set up your company in Dubai, you have to deal with many legal and administrative requirements that may seem complex, but with Etqan’s support, you can overcome these challenges with ease. The company provides specialized expertise and detailed guidance on how to take the right steps to ensure that your company is established in a smooth and successful manner.

Itqan has a deep understanding of local laws and government procedures, saving you a lot of time and effort. In addition, Itqan gives you the opportunity to benefit from its accumulated experience in dealing with all types of companies from small to large, giving you the opportunity to focus on building and developing your business while they take care of all the administrative details. Through this cooperation, you will get the support you need to overcome any hurdles you may face at the beginning, and you will be able to launch your company in accordance with the legal standards and requirements in force in Dubai.

In addition to facilitating the incorporation process, Itqan also offers additional services such as financial consulting, risk management, and feasibility studies, ensuring that you not only start successfully, but continue to succeed and grow in a competitive business environment. Establishing a company in Dubai with Itqan is a decision that combines vision, strategy, and professional support, giving you confidence in the future of your company and helping you achieve your business goals in one of the most prosperous and advanced cities in the world.

In conclusion, choosing “Itqan” as a partner to establish your company in Dubai is a smart move that gives you the reassurance and knowledge to achieve success in an advanced global business environment.

Frequently asked questions about setting up a company in Dubai