Establishing companies in Dubai. Dubai is a leading investment destination globally, as it enjoys attractive benefits and incentives that encourage investors from all over the world to create and establish their companies in this prosperous emirate. In this context, “Itqan” Company comes to provide its integrated services and extensive experience that enable investors to move smoothly through all stages of the process of establishing companies in Dubai.
Thanks to its deep understanding of the prevailing regulatory and legislative environment in the emirate, Itqan helps investors meet all legal requirements and obtain the necessary licenses to practice their economic activities. The company also provides specialized consulting services in the financial, tax and human resources fields, ensuring the achievement of operational efficiency for new companies from the establishment stage.
By taking advantage of the latest digital technologies, “Itqan” works to simplify and accelerate the procedures for establishing companies in Dubai, saving investors time and effort and enabling them to focus on developing and implementing their expansion strategies. Itqan’s partnership with Dubai is embodied in enhancing the emirate’s attractiveness as a preferred investment destination, by providing a supportive regulatory environment and distinguished advisory services to foreign investors.
Thus, Dubai and Itqan Company continue their efforts to facilitate the process of establishing companies in Dubai and provide all the tools necessary for their success, which enhances the emirate’s position as an attractive and competitive investment destination on the global level.
Establishing companies in Dubai
Types of companies that can be established in Dubai
Dubai is considered one of the most attractive destinations for investors and companies in the world, thanks to the advanced investment environment and attractive incentives it provides. Investors and companies can establish various types of companies in Dubai, each according to the nature of its business and goals. In this context, we review the most prominent types of companies that can be established in Dubai. Types of companies that can be established in Dubai:
- Public Joint Stock Companies (PJSCs): These are joint stock companies whose shares are offered for public subscription and traded on the stock exchange, and are subject to the supervision of the Securities and Commodities Authority in Dubai.
- Limited Liability Companies (LLCs): These are companies that consist of a limited number of partners and do not offer their shares for public subscription.
- Branches and representative offices: They represent the international spread of existing foreign companies, and are subject to their own regulations in the free zones in Dubai.
- Holding companies: They aim to invest in other companies by owning shares or stakes in them.
- Small and medium enterprises (SMEs): These are companies that have relatively small capital and employees, and enjoy special incentives and facilities in Dubai.
- Free zone companies: These are companies that enjoy many tax and customs advantages and incentives in the free zones in Dubai.
Main steps to establish a company in Dubai
Dubai is considered an attractive environment for establishing companies, as it provides advanced infrastructure and encouraging economic and regulatory incentives. If you want to establish a company in Dubai , there are a set of key steps that you need to follow. In this context, we will review the basic steps for establishing a company in Dubai. The main steps for establishing a company in Dubai :
- Choosing the company’s legal entity: You can choose from several options such as the limited liability company (LLC), the public joint stock company (PJSC), the branch, or the representative office.
- Determine the main activity of the company: The main activity of the company must be determined according to the business license you will obtain.
- Choosing the company’s location: The decision on the company’s location is very important, and the location can be chosen inside or outside the free zones depending on the nature of the company’s activity.
- Obtaining a commercial license: A commercial license must be obtained from the competent authorities in Dubai, which determine the company’s activity and requirements.
- Opening a bank account: A bank account must be opened in the name of the company to handle financial transactions and conduct transactions.
- Company Registration: The company is officially registered with the competent authorities in Dubai, such as the Department of Economic Development.
- Obtaining additional licenses: The company may need additional licenses depending on the nature of its activity, such as building, safety and health licenses.
Following these steps carefully will help establish a successful company in Dubai.
Documents required to establish a company in Dubai
Establishing a company in Dubai requires preparing a set of official and legal documents. These documents are essential to successfully complete the incorporation process and ensure compliance with the applicable regulations and laws of the emirate. In this context, we will review the basic documents required to establish a company in Dubai. Documents required to establish a company in Dubai:
Company Establishment Agreement: A legal document that specifies the terms and conditions agreed upon between the partners.
Articles of Association: A formal document that defines the structure and objectives of the proposed company.
Copy of shareholders’ passports: Copies of shareholders’ or owners’ passports must be submitted.
Personal photos of shareholders: Recent personal photos of shareholders must be submitted.
Certificate of judicial precedent for shareholders: A document proving that there is no judicial precedent for shareholders.
Certificate of Experience for Shareholders: Documents proving the professional and technical experience of shareholders.
Solvency Certificate: A document confirming the financial ability of shareholders to finance the company.
Commercial License Application Form: An official commercial license application form.
Pay the required fees: Pay the legal fees for the incorporation process.
Preparing these documents accurately and submitting them to the competent authorities in Dubai will facilitate the company establishment process and ensure full compliance with legal requirements.
Our company’s role in establishing companies in Dubai
Establishing a company in Dubai is an important step in the path to commercial success, as the emirate enjoys a favorable investment climate and advanced infrastructure that supports business. However, some entrepreneurs may find it difficult to navigate the complex legal and procedural requirements for setting up a new company. In this context, the importance of partnering with a reliable consulting company, such as Itqan Company, to facilitate this process is highlighted.
Itqan Company is one of the leading companies in the field of legal consulting and incorporation in Dubai, as it has extensive experience in helping to establish companies in various sectors. Itqan’s team of experts has a deep understanding of local regulations and procedures, enabling them to effectively guide entrepreneurs through the establishment stages. By cooperating with Itqan, entrepreneurs benefit from reliable legal advice and customized services to meet their individual needs.
Furthermore, Itqan Company provides a variety of other consulting services, including preparing the necessary legal documents, obtaining the required licenses and permits, and managing human resources and accounting. This integration of services enhances entrepreneurs’ ability to focus on growing their business without being distracted by complex regulatory requirements.
In cooperation with Itqan, entrepreneurs can benefit from the experience and resources needed to establish a company in Dubai in a smooth and efficient manner. This cooperation is the cornerstone of the success of new projects and helps achieve business goals efficiently and effectively. With the distinguished support of Itqan, entrepreneurs can overcome challenges and achieve the desired growth in the dynamic Dubai market.
