Establishing a private company in Dubai, in cooperation with Itqan Company, represents a distinctive strategic step in the global business world. Dubai, as a global center for trade and investment, provides advanced infrastructure and an inspiring business environment that attracts investors from around the world. In cooperation with Itqan Company, residents and investors have the opportunity to establish and grow their companies in an innovative and effective way.

Itqan, with its extensive experience in the Dubai market and the region, provides comprehensive support that includes strategic consulting, legal and regulatory services necessary to build successful and sustainable companies. This partnership enhances investment opportunities in various sectors, whether IT, real estate, retail, or financial services.

Dubai stands out for its open legislative environment that supports innovation and entrepreneurship, making it an ideal haven for entrepreneurship. Through thoughtful investments and strategic direction, startups can benefit from continued growth and reach new markets on a regional and global level.

Certainly, establishing a private company in Dubai in cooperation with Itqan Company is an invaluable investment opportunity that paves the way for achieving success and sustainability in the growing and competitive business world.

Types of companies that I can establish in Dubai

Establishing a company in Dubai offers diverse and exciting opportunities in today’s business world. It gives investors the opportunity to benefit from advanced infrastructure, a dynamic labor market, and flexible trade laws that support innovation and economic growth. By understanding the types of companies that can be established in Dubai, investors can make an informed decision that suits their business and strategic goals. Types of companies that can be established in Dubai:

Sole Proprietorship:

• It is managed by one person, who is responsible for all debts and liabilities.
• Suitable for small and individual businesses such as consulting and craft services.

Limited Liability Company – LLC:

• It consists of partners which can be individuals or companies.
• Capital and liabilities are clearly defined, protecting partners from financial risks.

Public Joint Stock Company – PJSC:

• A joint stock company that has a legal personality independent of its members.
• A company can be public or private, and shares are publicly traded.

Company in the Free Zone:

• It operates within a specific free zone such as Jebel Ali Port or Dubai Investments.
• It provides complete privacy and independence, with tax benefits and licensing facilities.

Branch of a Foreign Company:

• It represents a branch of an existing foreign company, and operates in accordance with local laws and legislation.
• It benefits from the reputation and experience of the parent company, with the possibility of expanding into local markets.

Establishing a company in Dubai requires a careful understanding of each type of company available, and determining the most appropriate type depends on the business and strategic expectations of the company. By choosing the right structure, investors can achieve success and growth in this dynamic and advanced business environment.

Basic steps to establish a company in Dubai

Establishing a company in Dubai is an important strategic step that requires good planning and careful knowledge of legal and regulatory procedures. Dubai, thanks to its advanced infrastructure and favorable economic environment, is an ideal destination for investors seeking to establish or expand their businesses. In this context, we will review the basic steps that must be followed to establish a company in Dubai. Basic steps to establish a company in Dubai:

• Determine the type of company: You must first determine the appropriate company type for your business, such as a sole proprietorship, limited liability company, or public stock company.
• Choosing a trade name: You must choose a unique and appropriate name for the company, and ensure its availability and compliance with local laws.
• Preparing legal documents: This includes preparing the company’s articles of incorporation and articles of association, in addition to specifying the required signatures.
• Obtaining licenses and approvals: Establishing some types of companies in Dubai requires obtaining certain licenses and approvals from competent authorities such as the Department of Economic Development in Dubai.
• Company Registration: After preparing all necessary documents and obtaining licenses, the company is officially registered in the Dubai Commercial Registry.
• Opening a bank account: The company must open a bank account in the company’s name to manage financial and commercial transactions.
• Legal and Tax Compliance: This requires registration with the local tax authority and compliance with applicable tax laws and regulations in Dubai.
• Office setup and operation: If a company needs an office, the space must be prepared and all essential services secured to begin operations.

By following these basic steps, investors can successfully establish their company in Dubai, benefiting from a developed infrastructure and a favorable business environment that contributes to business growth and expansion of business at the regional and international levels.

Financial requirements for establishing a company in Dubai

Establishing a company in Dubai requires careful planning and a good understanding of the financial requirements and procedures required. Dubai, as a global business hub, provides a distinctive investment environment that attracts investors from various sectors. In this context, we will take a look at the basic financial requirements for setting up a company in Dubai. Financial requirements for establishing a company in Dubai:

• Core capital: The core capital required depends on the type of company you want to establish. For example, a limited liability company (LLC) requires a specific minimum capital, which can be different depending on the business and local law requirements.
• Administration and licensing costs: These costs include registration fees with the Dubai Department of Economic Development and other licenses required to start the business. The necessary financial reports and documents must be submitted to obtain these licenses.
• Consultation and legal services costs: You may need legal advice to prepare necessary legal documents such as articles of incorporation and internal agreements. These costs can be part of a company’s upfront costs.
• Daily business and operational costs: A company’s daily operating costs, such as salaries, rent, and overhead expenses, should be calculated as part of the company’s overall financial planning.
• Tax fees: Taxes on companies in Dubai vary and depend on the type of company and its activity. Businesses must comply with tax laws and register with the local tax authority.

Considering these financial requirements, investors can be well prepared to set up their company in Dubai and ensure full compliance with local financial standards and regulations. By choosing the right financial structure and good financial planning, new businesses can grow and prosper in this dynamic and advanced economic environment.

Our company’s role in establishing a private company in Dubai

Establishing a private company in Dubai in cooperation with Itqan Company is a deliberate strategic step that allows investors to benefit from the dynamic economic environment known for innovation and promising opportunities. Thanks to Itqan’s support, residents and investors can access a wide range of services and local knowledge that facilitates the process of establishing and operating the company effectively. Itqan’s local expertise and advanced strategies ensure that the company’s incorporation is smooth and seamless, with a focus on complying with local laws and taking advantage of emerging opportunities in the growing Dubai market.

Dubai is a strong infrastructure for economic growth, as its advanced infrastructure and flexible legislation provide the necessary opportunities for companies to expand and prosper. In cooperation with Itqan Company, those wishing to invest can build a sustainable and profitable future in this leading city on the regional and global levels. By providing continuous support and strategic consultations, Itqan Company contributes to enhancing the ability of emerging companies to excel and grow in the global competitive market, which makes the investment option in Dubai in cooperation with it a fruitful and limitless future option.

Frequently asked questions about establishing a private company in Dubai