Costs and procedures for establishing a company in Dubai. Dubai is considered one of the most important commercial centers in the world, and is a major destination for ambitious investors seeking to establish their companies in a flexible and supportive business environment. Dubai offers advanced infrastructure, a strategic geographical location, and flexible economic policies that make it an ideal environment for startups, medium and large companies. In addition, Dubai offers a range of free zones that offer unparalleled tax and customs benefits, enhancing the emirate’s attractiveness as a global investment destination.

In this context, “Itqan” company comes as one of the leading companies in providing company establishment services in Dubai. Thanks to its deep experience and professional team, Itqan provides comprehensive solutions to investors that include all legal and administrative aspects of establishing a new company in Dubai. Itqan helps investors choose the optimal structure for their company based on the type of business activity and their specific needs, and provides advice on the best free zones for company registration. The company also undertakes all official procedures related to obtaining the necessary licenses and permits, ensuring that the establishment process takes place smoothly and efficiently

Establishing a company in Dubai requires a deep understanding of local laws and official procedures, and here lies the importance of cooperation with a specialized company such as “Itqan”. Thanks to its extensive knowledge of the local market and its experience in dealing with various government agencies, “Itqan” ensures that the company is established according to the highest standards and as quickly as possible. In addition, “Itqan” provides ongoing consulting services to companies after incorporation, which helps them grow and expand confidently in the local and global market.

Costs and procedures for establishing a company in Dubai

Types of companies that can be established in Dubai

Dubai is considered one of the most attractive investment destinations in the world, thanks to its flexible and advanced economic environment. Dubai’s government policies and advanced infrastructure encourage the establishment of businesses of all sizes and sectors. Understanding the different types of companies that can be established in Dubai is crucial for investors and businessmen looking to take advantage of the vast opportunities that the emirate has to offer. From limited liability companies to branches and representative offices, Dubai offers diverse options to suit different needs and business activities. In this article, we will review the main types of companies that can be established in Dubai, highlighting the advantages and characteristics of each type. Types of companies that can be established in Dubai

 Limited Liability Company (LLC)

The Limited Liability Company (LLC) is one of the most common types of companies in Dubai. This type of company is characterized by the fact that liability is limited to the extent of partners’ contributions to capital. Foreign partners can own up to 100% of shares in some businesses, while other activities may require a local partner to own a minority stake.

Free Zones Company

Free zones in Dubai allow the establishment of companies with full foreign ownership (100%) with multiple tax and customs exemptions. Free zones in Dubai include areas such as Dubai Internet City, Dubai Media City, and Jebel Ali Free Zone. These areas are ideal for companies wishing to export and re-export, and provide a flexible business environment and advanced infrastructure.

Branch of a foreign company

Foreign companies can establish branches in Dubai to conduct business without the need for a local partner. The branch has the same legal status as the parent company and can provide the same services and products. This type of company is suitable for large companies that want to expand their activity to Dubai and the region.

Representative office

A representative office is an ideal choice for companies that want to study the market and explore business opportunities in Dubai without engaging in direct business activities. The role of the representative office is limited to marketing and support and cannot generate direct profits.

Civil company

This type is suitable for professional companies such as law offices or medical clinics. Foreign investors are allowed to fully own the civil company if the company is engaged in specific professions such as consulting or medical services.

General partnership

In this type of company, all partners are equally responsible for the company’s management and financial obligations. This type is suitable for small companies where the partners are known to each other and trust each other in joint management.

Limited partnership

A limited partnership is similar to a general partnership but includes two types of partners: general partners, who manage the company and have full liability, and limited partners, who contribute capital without participating in management and whose liability is limited to the extent of their contributions.

Dubai offers investors and businessmen many options for establishing companies that suit their needs and goals. By choosing the right type of company, investors can benefit from the unique advantages that Dubai offers as a global business hub, contributing to the success and sustainability of their business.

Basic steps to establish a company in Dubai

Basic steps to establish a company in Dubai

Dubai is one of the most prominent commercial and investment centers in the world, thanks to its flexible economic environment, advanced infrastructure, and strategic geographical location. Dubai offers endless opportunities for investors and entrepreneurs who want to establish their companies in an environment that is supportive and stimulating for growth. Whether you are looking to start a small company, a branch of an international company, or start a new business, understanding the basic steps of setting up a company in Dubai is a crucial step to achieving success. In this article, we will review the main steps that must be followed to establish a company in Dubai effectively and easily. Basic steps to establish a company in Dubai

Determine the type of business activity

The first step in the process of establishing a company in Dubai is to determine the type of business activity you wish to engage in. Choosing the type of activity depends on your specialization and business vision, as Dubai provides a wide range of possible business activities.

Choosing the legal structure of the company

After determining the type of activity, the appropriate legal structure for the company must be chosen. The options vary between limited liability company (LLC), branch, representative office, free company, and others. The choice of legal structure depends on your organizational and financial needs.

Determine and register the trade name

Choosing a suitable business name is a vital step. The name must be unique, and not used by any other company in Dubai. The availability of the name can be checked and registered with the Department of Economic Development (DED) or the competent authority in the relevant free zone.

Submitting applications and documents

Establishing a company requires submitting a set of necessary documents, such as shareholder passports, copies of residence visas, articles of incorporation, and the company’s articles of association. These documents must be submitted to the competent authority based on the type of company and the region chosen.

Obtaining approvals and permits

Some businesses may require additional approvals and permits from certain government agencies. You must ensure that all necessary approvals are obtained before commencing commercial activity.

Signing a lease contract for the office

If the business requires a physical office, a lease contract must be signed for the office in a suitable location. There are multiple options for office space in Dubai that suit various companies’ needs.

Pay the required fees

Establishing a company requires paying the fees required to obtain a commercial license and necessary permits. Fees vary based on the type of business and the legal structure of the company.

Receiving the commercial license

After completing all procedures and approving the application, the commercial license is issued by the competent authority. Obtaining a trade license allows you to officially start doing business in Dubai.

Open bank account

A bank account must be opened in the company’s name in one of the approved local or international banks in Dubai. This account is necessary to effectively manage the company’s financial operations.

Our company’s role in establishing a company in Dubai

In conclusion, establishing a company in Dubai is a strategic step towards success in one of the most dynamic and competitive markets in the world, and Itqan is an ideal partner in this journey thanks to its deep knowledge and comprehensive familiarity with all the legal and administrative details that accompany the process of establishing companies. Thanks to its specialized support, investors from all over the world can establish their businesses with confidence and peace of mind, benefiting from the flexible business environment and advanced infrastructure that Dubai has to offer.

“Itqan” works to simplify and accelerate the process of establishing companies, saving time and effort for investors, and enabling them to focus on achieving their business and strategic goals. By providing tailored advice and attention to detail, Etqan ensures that new companies are in line with local laws and regulations, and take advantage of the many advantages that Dubai has to offer as a global business hub.

Moreover, the role of “Itqan” is not limited to the establishment stage only, but extends to include continuous support and guidance for companies after establishment, which contributes to enhancing their stability and growth in the long term. Thanks to its wide network of relationships with government and private agencies, Itqan is able to facilitate administrative processes and help overcome any challenges that companies may face in their journey.

Dubai is an ideal environment for innovation and growth, combining its strategic location in the heart of global trade with its open economic policies that encourage foreign investment. By collaborating with Itqan, investors can benefit from this optimal environment with maximum efficiency and effectiveness, allowing them to achieve their visions and goals in a sustainable and profitable manner.

The path towards establishing a successful company in Dubai begins with one right step, and cooperation with “Itqan” ensures that this step is taken with confidence and with a strong foundation on which to build. Whether you are seeking to start a small project or expand the activity of your international company, Dubai provides tremendous opportunities to achieve success, and “Itqan” provides the support and expertise to achieve this success with ease.

Frequently asked questions about establishing a company in Dubai