One Central – Offices No. 4 Dubai | Office: +971 45686046
ITQAN is a company that specializes in business setup and business growth

Establishing a company in Dubai – procedures and general advice

Establishing a company in Dubai – procedures and general advice

When it comes to setting up a company in Dubai, the city stands out as one of the world’s leading centers for business and investment, making it an attraction for international investors. Thanks to its advanced infrastructure and soft legislative policies, Dubai provides an ideal environment for establishing and operating companies, whether small or large. “Itqan” company provides integrated consulting services that help facilitate the incorporation process, starting with determining the appropriate legal type of company, providing support in registration procedures, and even complying with local laws and regulations. This introduction highlights the importance of benefiting from the expertise and specialized services provided by the “Itqan” team, to ensure a successful and sustainable start in the growing Dubai market.

Establishing a company in Dubai represents an important strategic step for investors seeking to benefit from the vast opportunities offered by this global city. In cooperation with “Itqan” Company, investors can obtain the necessary support to make the incorporation process easier and more effective. Dubai is characterized by a developed investment environment and appropriate legal legislation, which makes it easier for new companies to build their businesses and achieve growth with confidence and sustainability.

“Itqan” company provides a wide range of services that include choosing the appropriate legal structure, preparing the necessary documents, and assistance in obtaining the necessary government licenses. The company also provides support in the areas of marketing and finance, which helps build successful strategies for growth and expansion in the local and global market.

In short, “Itqan” company is a valuable strategic partner for everyone who wants to establish a company in Dubai , as it combines deep experience and comprehensive knowledge to provide customized solutions that meet customers’ needs and help them successfully achieve their business goals.

Establishing

Establishing a company in Dubai

Types of companies that can be established in Dubai

When it comes to establishing a company in Dubai , the emirate offers various options to suit the needs of different investors, whether they are individuals, family companies or large international institutions. Here are some common types of companies that can be established in Dubai:

  • Limited Joint Stock Company (LLC): LLC is one of the most common types of companies in Dubai and the UAE, where foreign shareholders can own up to 49% of the capital, with the local partner retaining 51%.
  • Sole Proprietorship: Allows individuals to establish a sole company that undertakes all activities in the personal name of the founder.
  • Company in the free zone: Dubai’s free zones provide an ideal environment for companies that want to import and export goods in addition to benefiting from tax and customs exemptions.
  • Limited Liability Company (LLC): This is a popular option for small and medium-sized businesses seeking to limit liability to a certain extent.
  • Real estate company: specializes in developing and managing real estate in Dubai, and requires special licenses from the Real Estate Regulatory Authority in the emirate.
  • Multinational Company: Allows foreign ownership of up to 100% in certain sectors such as technology, higher education, and healthcare.

Establishing any type of these companies requires compliance with local laws and regulations, and investors benefit from advisory and legal support to ensure compliance and success in Dubai’s growing business environment.

Basic steps to establish a company in Dubai

When investors decide to establish a company in Dubai , they need to follow a series of basic steps to ensure a successful start and compliance with local laws. Here is an introduction that explains the main steps of setting up a company in Dubai:

Establishing a company in Dubai is an important strategic step for investors seeking to exploit the economic opportunities available in this dynamic emirate. Dubai is characterized by an advanced investment environment and appropriate legal legislation, which makes it easier for investors to establish and operate their businesses efficiently and effectively. The basic steps for establishing a company in Dubai:
Study the market and prepare a strategic plan: Investors begin by studying the local market and identifying available investment opportunities, and they prepare a strategic plan that defines the company’s goals and ways to achieve them.

  • Choosing the legal type of company: Investors should choose the appropriate legal structure for their company, such as limited joint stock company (LLC) or limited liability company (LLP), based on the type of activity and financial responsibility desired.
  • Registration and confirmation of the company name: An appropriate trade name is chosen and registered with the Department of Commerce and Industry in Dubai, and it must be ensured that the chosen name is not similar to the names of other registered companies.
  • Preparation of legal documents: The necessary legal documents for establishing the company are prepared and submitted, such as the articles of incorporation, articles of association, capital distribution, appointment of management, and other required documents.
  • Obtaining the necessary licenses and permits: Investors must obtain the necessary licenses and permits from local authorities, such as a business license, municipal licenses, etc., according to the planned activity of the company.
  • Opening a bank account for the company: A bank account is opened in the company’s name to manage financial and commercial transactions, which facilitates the company’s investment and collection operations.
  • Residence and work visas: Residence and work visas are arranged for foreign investors and employees working in the company, to ensure the legality of their presence in the emirate.
  • Adherence to accounting and tax controls: Companies must adhere to the accounting and tax laws and regulations in the emirate, and submit financial reports and tax returns regularly.

Establishing a company in Dubai requires the use of local experts and consultants to ensure full compliance with laws and procedures, ensuring a successful start and sustainable growth in the dynamic business environment here.

Legal

Legal requirements for establishing and operating a company in Dubai

Legal requirements for establishing and operating a company in Dubai

To establish and operate a company in Dubai, there are several legal requirements that investors must adhere to to ensure full compliance and success in the local business environment. Here’s an introduction explaining these requirements:

Establishing and operating a company in Dubai is an important strategic step that requires compliance with local laws and regulations related to business. Dubai is characterized by an advanced legal and economic environment that makes it easier for investors to enter the market legally and effectively. Legal requirements for establishing and operating a company in Dubai:

  • Choosing a company type: Investors should choose the appropriate legal structure for their company, such as a limited liability company (LLC) or limited liability company (LLP), according to the planned activity and financial responsibility requirements.
  • Registering and confirming the company name: Investors must choose a suitable trade name and register it with the Department of Commerce and Industry in Dubai, and ensure that the chosen name is not similar to the names of other registered companies.
  • Preparation of legal documents: The necessary documents for establishing the company are prepared and submitted, such as the articles of incorporation, articles of association, capital distribution, appointment of management, and other documents required according to the type of company.
  • Obtaining the necessary licenses and permits: Investors must obtain the necessary licenses from local authorities, such as a business license, municipal licenses, etc., according to the planned activity of the company.
  • Compliance with tax and accounting laws: Companies must adhere to the tax and accounting laws and regulations in the emirate, and submit financial reports and tax returns regularly.
  • Residence and work visas: Residence and work visas are arranged for foreign investors and employees working in the company, to ensure the legality of their presence in the emirate.
  • Adherence to practical regulations and health security: Companies must adhere to occupational health and safety regulations, and ensure a safe and healthy working environment for employees.

Establishing and operating a company in Dubai requires collaboration with local professionals and consultants to ensure full compliance with local laws and regulations, and achieve success in Dubai’s dynamic business environment.

Our company’s role in establishing a company in Dubai

Establishing a company in Dubai in cooperation with “Itqan” Company represents a successful strategic step for investors seeking to benefit from the opportunities for growth and prosperity in this dynamic market. During this journey, the “Itqan” team plays a vital role in providing the necessary advisory and legal support, which contributes to accelerating the establishment process and ensuring the company’s compliance with local and international requirements.

Thanks to its extensive experience in the field of legal and commercial consulting, “Itqan” company provides customized solutions that suit the needs of each client, whether in choosing the appropriate legal type for the company or in preparing the necessary documents and obtaining the necessary licenses. The company also provides ongoing support after the company is established, which helps accelerate growth and achieve business goals efficiently and effectively.

In short, benefiting from the services of “Itqan” company represents a necessary strategic investment for anyone who wants to build a successful company in Dubai, benefiting from the vibrant economic environment and strong support provided by the local government to foreign investors.

Frequently asked questions about establishing a company in Dubai

What types of companies can be established in Dubai?

Limited joint stock companies, sole proprietorships, companies in free zones, and limited liability companies, in addition to partnership companies, can be established.

What are the basic steps to establish a company in Dubai?

Determine the type of company, choose and register the trade name, determine the location, determine the capital, prepare legal documents, obtain the necessary licenses, and open a bank account.

What are the legal requirements for establishing and operating a company in Dubai?

Companies must adhere to local laws regarding establishment and operation, and obtain the necessary licenses from local authorities.

What taxes must companies pay in Dubai?

Dubai is a zone with no corporate income taxes, but goods and services taxes apply in some cases.

What are the tax and customs benefits for companies in Dubai free zones?

Companies in free zones enjoy tax and customs exemptions, and import and export operations are greatly facilitated.

Providing legal and commercial advice, assistance in choosing the legal structure, preparing the necessary documents, and facilitating obtaining the necessary licenses and permits.