How to open a company in Dubai. Opening a company in Dubai represents an important strategic step for investors seeking to exploit the economic opportunities and distinctive strategic location of this global city. Dubai, as a thriving economic heart in the Middle East, provides modern infrastructure and advanced investment laws that attract investors from all over the world. However, the process of opening a company in Dubai requires a deep understanding of local legal and regulatory procedures and requirements. The investor must first look for a reliable and qualified partner such as Itqan Company, which provides the necessary support for all stages of establishing the company, from providing advice on the best legal structure for the company, to providing assistance in obtaining the necessary licenses and permits. In addition, Itqan provides administrative support services such as account management and finance, making it easier for the investor to focus their efforts on business growth rather than administrative details. In the end, opening a company in Dubai in cooperation with Itqan Company is not only a step towards economic expansion, but it is also an opportunity to benefit from the dynamic economic environment and encouraging investment climate in this unique city.

How to open a company in Dubai

Steps to open a company in Dubai

Every business owner must follow a set of steps before starting to open a company in Dubai , in order to achieve the benefit of all for the investor, the country and consumers in general. These steps are first: 

• Determine the company’s goal and activity. The investor must determine the activity of the company he is establishing, other than a real estate or food company and other activities that the market needs in the Emirates, especially Dubai. In order to ensure the success of the company he establishes, and that it has clients and fulfills the desire of consumers in Dubai, thus achieving the investor’s goal of obtaining benefits and profits from the company.
• Conduct a study of the market and its needs. The investor must conduct a study of the market and the customers who will deal with the company, to get to know the most important things they want from the company. This is to provide the best service that the consumer needs, in addition to distinguishing itself in the service it provides over other competing companies in order to be able to survive and achieve its profit goals. As well as getting to know the customs and traditions of customers, in order to determine what they want and what they refuse to deal with in companies.
• Getting to know the laws and procedures. The company owner must know the country’s laws and the necessary licenses to establish a company, and know the procedures that must be followed, and what is prohibited as well. This is to prevent exposure to any problems after establishing the company, to ensure its success and not to be exposed to any future losses.
• Submit an application for the company you want to establish online, as the state has provided many facilities that have helped investors establish a company by submitting an application form online. This is to reserve the name of the company and obtain approval for it, while adhering to all the conditions that apply to its establishment. The application will be approved within a week of its submission.
• Paying licensing fees and signing legal documents, in order to ensure that the investor establishes the company he wishes to establish, which helps in starting implementation and work in the company. By obtaining an approval license to practice the activity he desires, in a way that benefits the investor, helps employ youth, and increases economic growth in Dubai.

Types of legal licenses available to companies in Dubai

Opening a company in Dubai requires a thorough understanding of the types of legal licenses available, as these licenses provide the legal framework necessary to operate business activities legally in accordance with local laws. Dubai is an advanced investment environment, offering a range of legal licenses that meet the needs of different types of companies. Types of legal licenses for companies in Dubai include:

• General Commercial License: Allows companies to engage in general commercial activities such as retail, merchandising, and public services.
• Professional License: Allows individuals to practice professional professions and specific professional services, such as medicine, engineering, and law.
• Industrial License: Allows companies to carry out industrial and manufacturing activities, such as production, packaging.
• Mixed commercial license (Commercial/Industrial License): Allows the practice of commercial and industrial activities together, allowing companies to diversify their activities.
• Craftsman License: Allows individuals to practice traditional manual professions such as tailoring and carpentry.

Each type of these licenses comes with specific requirements and conditions, including required capital, administrative procedures, and tax obligations. It is important for investors to choose the appropriate license that suits the type of business activities they wish to conduct in Dubai, while adhering to local laws and regulations to ensure the company runs efficiently and effectively.

Procedures required to obtain visas and residency for foreign employees

Procedures required to obtain visas and residency for foreign employees

Opening a company in Dubai not only requires establishing the necessary infrastructure and licenses, but also requires hiring foreign employees who possess the skills and experience required to support the company’s growth. Companies must use the correct procedures to obtain visas and residence permits for foreign employees. The following is an overview of the steps and procedures required: Procedures required to obtain visas and residence permits:

• Employment Contracts: The company must provide official employment contracts that specify working conditions, financial benefits, and procedures related to visas and residency.
• Visa Applications: Visa applications for foreign employees are submitted through the company to the Dubai Immigration and Passports Department, based on the type of visa required (such as a work visa or residence visa).
• Medical Examination: Foreign employees must undergo a medical examination in centers approved by the Dubai Health Department to ensure that there are no contagious diseases.
• Temporary Visa (Entry Permit): A temporary visa (Entry Permit) is granted to foreign employees to enter the country, which can be used to issue a final residence visa.
• Final Residence Visa: After employees arrive in Dubai, they are issued a final residence visa that allows them to legally reside and work in the UAE.

Opening a company in Dubai involves not only establishing a legal structure and completing administrative procedures, but also requires bringing in global talent to support the growth and expansion of the business. By adhering to visa and residency procedures, companies can efficiently achieve their goals and secure the employment needed to achieve sustainable success in the thriving UAE labor market.

Learn how to open a company in Dubai

Opening a company in Dubai in cooperation with Itqan Company represents a strategic step of great importance for investors seeking to benefit from the thriving economic environment in this global city. By partnering with Itqan, investors can obtain the support and guidance necessary to overcome challenges and achieve success in the process of establishing and establishing a company.

Cooperation with Itqan Company begins with extensive consultation and planning, as the company provides experience and deep knowledge of the local market and legal procedures, making it easier for investors to determine the appropriate legal structure and choose the best business strategies. In addition, Itqan contributes to providing integrated administrative support services, such as accounting and financial management, which help run the company efficiently and effectively.

Ultimately, opening a company in Dubai in cooperation with Itqan is not only an investment process, it is also an opportunity for investors to explore significant growth potential in a diverse and dynamic market. This cooperation allows new companies to access a wide network of local and international customers, enhancing the chances of success and expansion into new markets. Thanks to Etqan’s integrated and specialized support, investors can achieve their strategic goals with confidence and success in Dubai’s dynamic business market.

Frequently asked questions about how to open a company in Dubai