In order to start an investment project in Dubai, there are several procedures that must be implemented by the competent authorities in Dubai. The most important of which is having a company and a main office for this activity and registering a commercial license through which the activity you want to work with is determined, but it is not easy to obtain the license because it requires a lot of effort and pays a lot of fees. Before starting to extract the commercial license, the investor tries to know the cost of extraction, because calculating costs is one of the most important factors for the success of project planning, but with our company it is how our company helps you complete the registration of the commercial license at the lowest cost. If you want to obtain a business license in Dubai for your own project, you can use our company, which is the best company to start work and serve entrepreneurs.
What is a trade license in Dubai?
A trade license in Dubai is the official document that allows individuals and companies to conduct business within the emirate. A trade license is issued by the Dubai Economic Development Department (DED) and is considered an essential step for any business that wishes to operate legally in the market. Commercial licenses include several types, such as the commercial license, industrial license, and professional license, each of which requires specific documents and conditions that vary according to the type of activity. Obtaining a commercial license ensures that companies comply with local laws and enables them to benefit from the business opportunities available in Dubai, which is considered a global business center thanks to its attractive investment environment and advanced infrastructure.
Investing in Dubai
Investing in Dubai is one of the things that attracts many entrepreneurs in recent times. Investing in Dubai has great benefits for investors, as Dubai’s economy has evolved from dependence on oil to a diversified economy that includes tourism, trade, real estate, and financial services. This diversity has made Dubai an ideal destination for various investments, which has strengthened its economy and made the United Arab Emirates one of the richest Arab countries.
Our company specializes in helping investors invest their money in Dubai. We provide comprehensive support for starting businesses and completing all legal and administrative procedures required by the relevant authorities. If you want to start investing in the United Arab Emirates, especially in Dubai, do not hesitate to use our services. We are considered one of the best companies that serve investors and support entrepreneurs, ensuring you a successful and comfortable investment process.
Establishing a company in Dubai
Starting a business in Dubai requires many procedures that can be complicated for new investors. This process requires a lot of time and effort, in addition to extensive knowledge of the location of the competent authorities and ways to complete the procedures and extract the necessary documents. Establishment begins by identifying the business you want to work in and consulting economists to find out how successful this activity is.
It is also necessary to select a trade name that distinguishes your company from other companies operating in the same field. After completing these steps, comes the stage of obtaining a business license, which is a crucial step that cannot be skipped. You cannot conduct any commercial activity in Dubai before obtaining the appropriate commercial license for your activity.
Our company specializes in facilitating the process of establishing companies in Dubai . We help you obtain a business license easily and at the lowest possible cost, benefiting from our extensive experience in this field. If you want to start a business in Dubai, we are here to support and guide you through every step of establishing your company and ensuring that you comply with all legal and administrative requirements.
Advantages of establishing companies in Dubai
Establishing companies in Dubai carries many features and benefits that make it an attractive destination for investors and entrepreneurs. Below are the most prominent advantages of establishing companies in Dubai:
- Strategic location: Dubai is located in a distinctive geographical location that makes it a gateway between East and West, facilitating access to global markets.
- Advanced infrastructure: Dubai provides modern infrastructure that includes airports, ports, highways, and communications, which supports business operations effectively.
- Advanced business environment: Dubai has a competitive and stimulating business environment, with laws and regulations that support growth and investment.
- Tax exemptions: Many free zones in Dubai offer complete tax exemptions on personal income and profits, which enhances investment attractiveness.
- Freedom of foreign ownership: In free zones, foreign investors can own 100% of companies without the need for a local partner.
- Diversity of economic activities: Dubai supports a wide range of economic activities, giving investors the opportunity to diversify and invest in various sectors.
- Administrative Facilities: The administrative procedures for establishing companies in Dubai are simple and quick, with many electronic services that facilitate the registration and establishment process.
- Government support: The government supports investments by providing incentives and facilities to investors, in addition to development strategies aimed at strengthening the local economy.
- Stable legal system: Dubai provides a solid and stable legal system that protects the rights of investors and provides a safe environment for investment.
- Diverse and international community: B attracts professionals and entrepreneurs from all over the world, providing a diverse work environment rich in experiences and cultures.
- Banking facilities: Dubai provides an advanced banking system and multiple financial services that make it easier for companies to carry out their financial operations.
- Vast growth opportunities: Thanks to continuous economic growth and multiple innovations, Dubai offers ample opportunities for growth and business expansion.
Cost of a business license in Dubai
All Dubai investors are constantly wondering about the cost of investing in Dubai and the costs of business license education. Knowing the costs is one of the important first steps you need to know before starting anything. We at our company assure you that our team can depend on the cost of everything. To help you figure this out, our company team will help you in every way to start a new business in Dubai and fully estimate the required prices with estimated prices. It also facilitates the process of setting up a company in Dubai and obtaining a business license. Saves you a lot of effort and time. In our company we strive to serve you.
The cost of a business license in Dubai varies based on several factors such as the type of business activity, location (inside or outside the free zone), company size, and number of visas required. In general, costs range from a few thousand to tens of thousands of AED. Here are some factors that affect the cost:
- Type of business: Some activities require special licenses or additional approvals, which increases the cost.
- Location: Companies within free zones may require different fees than companies in the rest of Dubai.
- Company size: The number of employees and office space required affect the cost.
- Number of visas: The more visas required, the higher the cost.
- To get an accurate estimate, it is best to consult a specialized company like Atqan who can help you determine the cost based on your specific needs and guide you through the process of obtaining the license.
Types of commercial licenses
Here is a table showing the types of business licenses in Dubai:
| License type | Description |
|---|---|
| Commercial license | It allows commercial activities such as buying, selling, distribution, export and import. |
| Industrial license | Designed for companies that want to engage in industrial activities such as manufacturing, assembly and packaging. |
| Professional license | Intended for individuals and companies that provide professional services such as consulting, medical, and legal services. |
| Tourism license | Dedicated to companies operating in the tourism sector such as travel agencies, hotels, and resorts. |
| Freelancer license | Intended for individuals who work independently in specific fields such as design, writing, and programming. |
| Agricultural business license | It allows agricultural activities such as farming, animal husbandry, and fishing. |
These licenses provide a legal framework that allows companies to conduct their activities within local regulations in Dubai, which contributes to regulating business and ensuring compliance with laws.
The importance of commercial licenses in establishing companies in Dubai
Trade licenses are considered one of the most important elements in the process of establishing companies in Dubai, for several vital reasons:
- Legality and Legality : Obtaining a business license is the basic condition for starting any business activity legally in Dubai. This license ensures that the company operates in accordance with local laws and regulations, protecting it from legal risks.
- Trust and credibility : Having a commercial license enhances the company’s credibility with customers, partners, and investors. It is proof that the company follows professional standards and adheres to local laws.
- Investment opportunities : With a commercial license, the company can take advantage of the investment opportunities available in Dubai, including participation in government tenders and large contracts.
- Banking facilities : A commercial license is a basic requirement for opening commercial bank accounts in Dubai, which facilitates payment and financial collection operations for the company.
- Benefiting from incentives : Companies licensed in Dubai may benefit from many incentives provided by the government, such as tax and customs exemptions, especially in free zones.
- Expansion and growth : With a commercial license, the company can easily expand by opening new branches or providing additional services, which contributes to business growth and sustainability.
- Legal protection : A commercial license provides legal protection for the company and its owner, which enhances commercial security and stability.
Obtaining a business license is not only a legal step, but it is the basis for building a successful and sustainable business in Dubai, which opens doors to new opportunities and enhances the possibilities for growth and development.
Conditions for obtaining a commercial license in Dubai
Obtaining a commercial license in Dubai requires fulfilling a set of conditions and procedures. Below are the most important conditions for obtaining a commercial license in Dubai:
- Determine the type of commercial activity : You must determine the type of commercial activity you wish to practice, as the type of activity affects the type of commercial license required.
- Determine the legal form of the company : Choose the legal form of the company, such as a limited liability company (LLC), sole proprietorship, branch of a foreign company, etc.
- Determine the trade name : You must choose a trade name that complies with the regulations and laws in force in Dubai, and ensure that it is not previously registered.
- Preparing the Memorandum of Association : Preparing the Memorandum of Association and Articles of Association of the company and documenting them by the competent authorities.
- Choosing a business location : You must rent or buy an office or commercial store in Dubai, and obtain a lease contract certified by the competent authorities.
- Obtaining initial approvals : Obtaining initial approvals from the Dubai Economic Development Department (DED) and other concerned authorities, depending on the type of activity.
- Submitting the required documents : Submitting documents that will help in obtaining a commercial license to establish your company in Dubai.
- Payment of fees : Pay the fees required to obtain a commercial license.
- Obtaining the license : After fulfilling all conditions and submitting the required documents, the commercial license is issued.
A specialized company such as Atqan can be used to facilitate procedures and ensure compliance with all legal and administrative requirements.
Papers required to obtain a commercial license in Dubai
To obtain a business license in Dubai , you need to submit a set of papers and basic documents. Below are the documents usually required:
- Commercial license application form : Fill out the commercial license application form available from the Department of Economic Development (DED) in Dubai.
- Copies of passports : Provide copies of passports to all partners and shareholders in the company.
- Personal photos : Provide recent personal photos of all partners and shareholders.
- Notarized lease contract : Submit a notarized lease contract for the company’s headquarters, and the headquarters must be within the areas approved by the Department of Economic Development.
- No Objection Certificate (NOC) : If one of the partners is an employee of another company within the UAE, a NOC from the current employer may be required.
- Memorandum of Association and Articles of Association : Submit a copy of the company’s Memorandum of Association and Articles of Association, which must be authenticated by the relevant authorities.
- Initial approvals : Obtaining initial approvals from the Department of Economic Development and other concerned authorities according to the type of commercial activity.
- Previous business license (if required) : If you are renewing or amending a business license, you may need to provide a copy of your previous business license.
- Feasibility study report (if required) : For some business activities, a feasibility study report may be required.
- Copy of residence visa (for residents) : If one of the partners is a resident of the UAE, a copy of the residence visa must be submitted.
- Proof of payment of fees : Submit proof of payment of fees required to obtain a commercial license.
Requirements vary based on the type of business activity and the legal form of the company, so it is recommended to contact the Department of Economic Development or use the services of a specialized company such as Atqan to ensure that all requirements are met and the license is easily obtained.
Itqan Company services in establishing companies and commercial licenses in Dubai
Atqan Company provides a range of specialized services in the field of establishing companies and obtaining commercial licenses in Dubai, which facilitates the process of investing and starting businesses in an effective and smooth manner. Among the services provided by Itqan Company:
- Establishment of companies :
- Assistance in choosing the appropriate legal form for the company based on the client’s needs and the type of business activity.
- Preparing all legal documents necessary to establish the company, including the articles of association and articles of association.
- Legal consultations :
- Providing comprehensive legal advice on local laws and regulations related to establishing companies in Dubai.
- Assist clients in understanding legal procedures, taxes, property rights and visas.
- Obtaining commercial licenses :
- Assistance in obtaining and renewing commercial licenses for companies in various free zones and special economic zones in Dubai.
- Providing support in preparing the required documents and obtaining the necessary approvals from the competent authorities.
- Administrative services and assistance in daily operations :
- Providing administrative services such as accounts management, payroll, and internal corporate auditing.
- Support in the daily operations of new companies from arranging meetings and office management.
- Business expansion and strategic consulting :
- Strategic consulting to help with business expansion and sustainable growth.
- Providing business plans and economic analyzes to help make sound investment decisions.
By using Itqan’s services, investors and entrepreneurs can benefit from comprehensive support and deep expertise in the field of company establishment and commercial licenses in Dubai, which helps them achieve their business goals successfully and efficiently.
At the conclusion of this article, it can be said that obtaining a business license in Dubai is not just an administrative procedure, but rather a strategic step that enhances the chances of business success in this global investment destination. Dubai provides a developed commercial environment and legal system that supports both local and international investments. Thanks to government facilities, advanced infrastructure, and flexible tax policies, investors can build and expand their businesses efficiently and at the lowest possible cost. If you are thinking about establishing a company in Dubai, hiring specialized local consultants such as Itqan Company can greatly contribute to facilitating the process of obtaining a commercial license and ensuring your compliance with local legal requirements. Take advantage of the vast opportunities that Dubai offers as a global business hub, and begin your journey towards success with full support and guidance from the emirate’s industry experts.
Frequently asked questions about commercial licenses in Dubai
What are the criteria required to choose a trade name for the company?
The company name must be unique and not conflicting with other company names, and must comply with local laws regarding trade names.
What taxes apply to companies in Dubai?
In many free zones in Dubai, companies are exempt from taxes on income and profits for up to 50 years, which greatly attracts investments.
What are the necessary procedures to renew a commercial license in Dubai?
The procedures necessary to renew a commercial license in Dubai include submitting the application in a timely manner before the license expires, and updating the necessary documents and information.
What types of business licenses are available in Dubai?
Commercial licenses in Dubai include several types, such as sole proprietorships, limited liability companies, public companies and free zones.
Can foreigners do business in Dubai without a local partner?
In free zones, foreigners can conduct 100% business activities without the need for a local partner. On the mainland, some activities may require a local partner or agent.
What are the free zones in Dubai and what are their benefits for companies?
Free zones in Dubai provide tax and customs exemptions, and allow 100% foreign ownership of companies without the need for a local partner, which facilitates international trade operations.
