Registering a company in Dubai, establishing a company in Dubai is one of the essential strategic steps that many entrepreneurs and investors from all over the world, especially from the Gulf countries, seek. Dubai, which is considered one of the most advanced and innovative cities in the world, provides an ideal environment for business thanks to its advanced infrastructure, flexible economic policies, and distinguished geographical location that makes it a global center for trade and investment. With the rapid expansion and continuous development of the market, many investors find themselves in need of an experienced and professional local partner to ensure success in this dynamic market.

This is where Itqan comes in, offering comprehensive support to investors looking to establish their companies in Dubai. Itqan is distinguished by its deep experience in the field of company formation and its extensive understanding of the legal and procedural details associated with the incorporation process. By providing specialized advice and comprehensive services, Itqan helps investors overcome bureaucratic challenges and ensure full compliance with local regulations.

From choosing the type of company and its business activity, to preparing the required documents and obtaining the necessary licenses, Itqan provides all the services investors need to ensure a smooth and efficient incorporation process. Itqan also provides continuous support during and after incorporation, which contributes to achieving investors’ goals and enhancing their chances of success in the UAE market.

In collaboration with Itqan, investors can be confident that they are receiving the necessary support to establish their business in Dubai in a professional and efficient manner, contributing to achieving success and sustainable growth in one of the most dynamic business markets in the world.

Types of companies that can be established in Dubai

Setting up a company in Dubai provides investors with access to one of the most dynamic and innovative markets in the world. As a global business hub, Dubai offers a variety of legal types of companies, allowing investors to choose the structure that best suits their business needs and strategies. By understanding the different types of companies that can be established, investors can make the most of the opportunities available in this evolving economic environment. Types of companies that can be established in Dubai:

• Limited Liability Company (LLC): The LLC is the most common type of company in Dubai. This company protects investors from personal liability, as their liability is limited to their shares in the company. This company requires a local partner to own 51% of the shares if it operates on the mainland, while foreigners can own 100% of the shares in the free zones.
• Free Zone Company: Free zone companies offer full ownership to foreign investors, meaning that the investor can own 100% of the company without the need for a local partner. These companies enjoy tax exemptions, freedom to repatriate profits, and ease of customs procedures.
• Public Joint Stock Company: These companies are made up of a group of shareholders who own shares that are tradable on a stock exchange. They usually have higher capital and disclosure requirements, and are mainly used by large companies that want to raise money from the public.
• Private Joint Stock Company: It differs from a public joint stock company in that it does not allow shares to be traded on the stock exchange. A private joint stock company can be an effective way to expand a business within a private, limited shareholder framework.
• Branch of a foreign company: Foreign companies can open branches in Dubai to conduct their business activities. The branch will be under the supervision of the parent company and requires a license from the Department of Economic Development or the competent authority in the free zone.
• Sole Establishment: A sole proprietorship is an excellent option for individuals who want to start a business on their own. This gives the owner complete control over all business decisions but may require a personal commitment to financial risk.
• Holding Company: Holding companies focus on owning stakes in other companies to control those companies and direct their strategies. Holding companies allow a group of companies to be managed under one umbrella, providing better organization and potential tax benefits.

Understanding these different types of companies helps investors in Dubai make the right decision based on their business objectives and legal requirements, contributing to the success of their business and achieving sustainable growth in the market.

Basic requirements for establishing a company in Dubai

Establishing a company in Dubai is an important strategic step for any investor seeking to enter one of the world’s most dynamic and advanced markets. Dubai offers an ideal business environment thanks to its advanced infrastructure, flexible economic policies, and strategic location that links the markets of the East and the West. However, successfully establishing a company requires a thorough understanding of the basic requirements and legal procedures necessary to ensure full compliance and avoid any complications. Basic requirements for establishing a company in Dubai :

• Choosing the type of company and business activity: Determining the most appropriate type of company (such as a limited liability company, a company in a free zone, a branch of a foreign company) and its business activity is the first step. This requires defining the business objectives and details of the activity that the company will undertake.
• Choosing a trade name: A trade name must be chosen that complies with local regulations and reflects the company’s activity. The name must be unique and non-repeated and is subject to the approval of the Department of Economic Development or the competent authority in the free zone.
• Obtaining initial approval: Submit an application for initial approval from the relevant authorities, which confirms that the business activity is in compliance with local laws. This approval includes confirmation of the trade name and activity.
• Preparing the Memorandum of Association and Articles of Association: The Memorandum of Association and Articles of Association of the company must be prepared, which specify details such as the company structure, shareholders’ rights, and the company’s purposes. These documents must be notarized by a notary public or the relevant authority.
• Securing the business location: Providing a lease agreement for the company’s headquarters, as the location must comply with the requirements of the local authorities. The headquarters can be in a commercial building or an office in a free zone, depending on the type of company.
• Submitting the required documents: The basic documents required usually include copies of passports, passport photos, and the office lease agreement. They may also include certificates of qualifications for the founders and other legal documents.
• Obtaining a commercial license: After fulfilling all requirements and submitting the necessary documents, an application is submitted to obtain the final commercial license from the Department of Economic Development or the competent authority in the free zone.
• Opening a business bank account: Opening a bank account in the company’s name in a local bank to facilitate financial transactions and provide proof of the required capital depending on the type of company.
• Recruiting employees: If the company needs employees, applications for work visas and employment of individuals must be submitted in accordance with local laws.
• Registration with other government agencies: Registration with other agencies such as the General Tax Authority or Chambers of Commerce may be required depending on the company’s activity.

By following these basic requirements, investors can ensure that their company is successfully established in Dubai and take advantage of the great opportunities offered by this advanced market.

Find a company in Dubai

In conclusion, when it comes to setting up a company in Dubai , it is clear that the success of this endeavor requires the right guidance and expert support that a trusted partner like Itqan can provide. Dubai, with its advanced business environment and unique economic advantages, offers tremendous opportunities for investors, but accessing these opportunities requires a deep understanding of local procedures and requirements. This is where Itqan comes in to provide comprehensive support that helps speed up the incorporation process and ensure compliance with all laws and regulations.

Itqan provides investors with comprehensive support that includes legal consultations, assistance in preparing documents, and advice on choosing the type of company and business activity. It also contributes to facilitating bureaucratic procedures and avoiding potential obstacles that new investors may face. By cooperating with Itqan, investors can obtain professional services that ensure that all required steps are implemented efficiently and accurately, which reduces the time and costs associated with the establishment process.

Moreover, Itqan’s services are not limited to the inception phase only, but also provide ongoing support after startup, enhancing the ability of companies to adapt and grow in the changing UAE market. By leveraging its extensive experience and knowledge, investors can focus on achieving their business goals and achieving success in a dynamic business environment like Dubai.

In short, working with Itqan is a crucial element in establishing companies in Dubai, as it provides investors with an effective tool to deal with challenges and overcome obstacles, contributing to achieving tangible results and sustainable success in this dynamic global market.

Frequently asked questions about a company in Dubai