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Establishing a company in Abu Dhabi

Establishing a company in Abu Dhabi

Establishing a company in Abu Dhabi, the capital of the United Arab Emirates, a vital strategic center for business and investments in the Middle East region. It is characterized by advanced infrastructure and an encouraging investment environment that attracts investors and companies from all over the world. This guide aims to review the basic steps for establishing a company in Abu Dhabi, and the role of Itqan Company in providing the necessary support and guidance to achieve this goal.

Establishing a company in Abu Dhabi that offers a range of diverse investment opportunities in various sectors, from industry and trade to financial services and technology. Establishing a company in this environment requires a thorough understanding of legal and regulatory procedures, which Itqan Company provides through its experience and extensive knowledge of the local market.

Itqan Company is considered a strategic partner for anyone who wants to establish a company in Abu Dhabi, as it provides the necessary support at all stages of the process, from planning and organizing to implementing legal procedures and obtaining the necessary licenses. Through its deep network of relationships and experience, Itqan helps achieve success and stability in the growing Abu Dhabi market, ensuring a safe and sustainable investment for the future.

Establishing

Establishing a company in Abu Dhabi

Types of companies that I can establish in Dubai

Dubai is considered one of the most prominent global destinations for business and investments, as it provides an advanced and diverse investment environment that attracts investors from all over the world. If you are planning to start a company in Dubai , understanding the different types of companies available is an essential step. Dubai allows investors to establish several types of companies that suit their needs and meet their business aspirations. Types of companies that can be established in Dubai:

  • Sole proprietorship (natural person): allows an individual to carry out commercial activities individually without the need for other partners. The business is solely run by the owner himself, making it a convenient option for individuals looking for a small, flexible start.
  • Limited Liability Company (LLC): This is the most popular company among investors in Dubai. It has a legal personality independent of its owners, and financial responsibility is divided among shareholders according to their shares. Establishing an LLC requires a local Emirati partner who owns a share of no less than 51% of the capital.
  • Companies in Free Zone Companies: Free zones in Dubai provide an encouraging environment for small, medium and large companies. It is characterized by tax exemptions, customs facilities, and flexible legislative policies. These companies are managed in accordance with the laws and regulations of the free zone in which they are established.
  • Mainland Companies: Mainland companies are considered the most traditional companies in Dubai, as they require a local Emirati partner with a 51% share of the capital. It has the ability to work anywhere inside and outside Dubai, and provides opportunities for companies to deal with the government and the private sector with ease.

Dubai provides a distinct and diverse environment for establishing companies, making it an ideal destination for investors looking for innovative and sustainable business opportunities. By choosing the right type for your company, you can start a journey of business success in this dynamic and evolving city.

Basic steps to establish a company in Dubai

Dubai is one of the most prominent global cities that attracts investors thanks to its vibrant commercial environment and encouraging economic climate. If you intend to establish a company in this wonderful city, you are taking an important investment step that may open wide doors to success and prosperity. Through this guide, I will provide you with the basic steps that must be followed to establish a company in Dubai , and how Itqan can provide the necessary support during this process. Basic steps to establish a company in Dubai:

  • Determine the type of company: You must first and foremost determine the type of company you wish to establish, whether it is an individual company, a joint stock company, or a company in a free zone. Each type of company comes with its own requirements and benefits.
  • Choosing a company name: You must choose an appropriate and suitable name for the company, and ensure its availability and compliance with local laws, by checking the database of company names in Dubai.
  • Determine business activities: You must determine the scope and type of business activities you wish to conduct through the company, and ensure compliance with local laws and applicable legislation.
  • Identifying shareholders and shares: The identity of the shareholders and the different financial shares of each must be determined, in addition to determining the role of each shareholder in managing the company and making decisions.
  • Preparing the necessary documents: Establishing a company in Dubai requires preparing a set of necessary documents, such as the partnership agreement, the company’s articles of association, the establishment permit, and other required documents depending on the type of company chosen.
  • Submitting an application for licensing and registration: After preparing the documents, an application must be submitted to obtain the necessary licenses and register the company with the competent authorities in Dubai, such as the Department of Economic Development or the selected free zone.
  • Obtaining work licenses: The new company must obtain a work license for both employees and managers working in it, in order to comply with labor laws in Dubai.

In short, setting up a company in Dubai is an exciting challenge and an important investment opportunity. Investors must familiarize themselves with all the necessary steps and requirements to ensure the company’s continued success in this dynamic and evolving market.

Legal

Legal requirements for establishing a company in Dubai

Legal requirements for establishing a company in Dubai

To establish a company in Dubai, there are a set of legal requirements that must be adhered to. These requirements vary depending on the type of company and the region you choose to establish the company, whether it is in the mainland or in a free zone. In the main sector, you need:

  • Choose the type of company: such as a sole proprietorship, limited liability company, or public company.
  • Company Name: Must be unique and registered.
  • Basic capital: The minimum capital may vary depending on the type of company.
  • Legal Liability: Definition of partners and managers and their legal responsibility.
  • Contracts and legal documents: the company’s incorporation contract and partner contracts.
  • Activity license: It must be compatible with the activity permitted in the free zone.
  • Permissible percentage of foreign ownership: There may be restrictions on the percentage of foreign ownership.
  • Lease contracts: Lease contract for an office or warehouse in the free zone.

Our company’s role in establishing a company in Abu Dhabi

Establishing a company in Abu Dhabi represents an important strategic step towards growth and stability in one of the world’s most prominent cities in the field of business. Through this guide, we have reviewed many of the basic aspects that are part of the process of establishing a company in this vital capital, and the role of Itqan Company in providing support and guidance during all stages of this journey.

Establishing a company in Abu Dhabi requires a thorough understanding of the local business environment and applicable legal legislation. Itqan Company provides a distinguished experience in this field, through a specialized team with deep knowledge of the market and the ability to guide customers towards the right steps and appropriate strategies for their success in the local market.

Thanks to its wide network of relationships and extensive experience, Itqan Company contributes to accelerating the process of establishing the company, starting from preparing operational and marketing plans, to implementing the necessary administrative and legal procedures, which help achieve stability and success in the local and global market.

In short, your cooperation with Itqan Company to establish your company in Abu Dhabi is not just an investment in the future, but rather a strategic partnership that guarantees excellence and prosperity in the dynamic business environment here.

Frequently asked questions about establishing a company in Abu Dhabi

What types of companies can I establish in Dubai?

You can establish a company in Dubai individually (natural person) or collectively (company), and options include sole proprietorships, limited liability companies, and companies operating in free zones (free zones).

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

The basic steps include choosing the company type, choosing the company name and ensuring its availability, defining business activities, identifying shareholders and required shares, and providing the required documents for licensing.

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

New companies must comply with local legislation related to trade and investment, and obtain the necessary licenses from local and federal authorities.

What are the differences between incorporation in the free zone and in mainland Dubai?

Establishment in free zones provides tax discounts and customs exemptions, while establishment on the mainland requires establishment in cooperation with an Emirati partner.

What are the fees required to establish a company in Dubai?

Fees vary based on company type and location, and include licensing fees, registration fees, and administrative services fees.

How long does it take to establish and obtain licenses?

Company incorporation in Dubai can take between two weeks to two months, depending on the type of company and the efficiency of completing the procedures and reviews.