How to establish a company in Dubai in 7 steps In the heart of the Middle East, Dubai stands out as one of the most prominent economic and commercial centers globally, attracting companies and investors from all over the world thanks to its open legislative environment and advanced development resources. In this context, Itqan is an excellent strategic partner for individuals and companies wishing to establish their companies in Dubai. How to set up a company in Dubai in 7 steps Itqan offers comprehensive services that include company incorporation consultations, business licensing, and legal and regulatory procedures management. Thanks to its extensive experience and strong relationships in the local market, Itqan helps clients choose the most appropriate legal models for their companies, whether they are in the main sector or the various free zones in Dubai. The company also provides customized services to suit each client’s requirements, ensuring full compliance with local laws and regulations. Relying on innovation and flexibility, Itqan enhances the chances of success of startups and helps them achieve their business goals efficiently and effectively in the dynamic and diverse Dubai market.

How to establish a company in Dubai in 7 steps

Types of companies that I can establish in Dubai

In Dubai, the advanced legislative structure makes it possible to establish several types of companies, providing diverse options for investors and businessmen who want to exploit the available economic opportunities. These types include:

• Sole Proprietorship: The easiest and most low-cost option for individuals who want to do business on their own and be fully responsible for debts and losses.
• Limited Liability Company: This company provides legal protection to partners, as they are liable for debts and losses only in proportion to their contributed capital.
• Public Company: This company is used for large business activities and is financed by publicly traded shares.
• Subsidiary company: It is considered a branch of a parent company established in another country and operating under the same name as the parent company.

Each of these types of companies has its own advantages and uses, allowing investors to choose the structure that best suits their business needs and goals in Dubai, one of the largest economic centers in the world.

Areas available for establishing companies in Dubai

Dubai is considered one of the most prominent global economic centers that attracts investors thanks to its advanced business environment and supportive legal system. It provides investors and businessmen with several areas to establish companies, allowing them to choose the appropriate legislative environment for their commercial and investment activities. Among these areas:

• Main Sector: This zone allows companies to easily access the local and global market, and is regulated in accordance with UAE federal law.
• Free Zones: Free zones in Dubai are ideal for companies wishing to benefit from tax exemptions, 100% foreign ownership, and easy administrative procedures. Dubai includes many free zones such as Jebel Ali Zone, Dubai Investment Zone, Dubai International Free Trade Zone (JAFZA), and others.

These economic zones provide a great diversity of services and infrastructure, making it easier for businessmen to achieve their business goals efficiently and effectively within an advanced and supportive legal framework.

Tax benefits of establishing a company in a free zone in Dubai

In light of the continuous growth and intense competition in the global market, Dubai’s Freedom Zones play a vital role in attracting investors and companies thanks to their unique investment advantages. These areas provide an ideal environment for establishing companies, as they enjoy many tax benefits that include:

• Complete exemption from income taxes: The Freedom Zones in Dubai are among the few in the world that provide complete exemption from income taxes for companies, which helps increase profits and improve companies’ competitiveness.
• 100% foreign ownership: Dubai’s free zone system allows investors to own 100% of their company’s assets, without the need for a local partner, which increases investment flexibility and reduces restrictions.
• No restrictions on transferring profits and capital: Free zones allow easy transfer of profits and capital to and from abroad, which helps manage funds with high efficiency and effectiveness.
• Customs exemptions: Dubai free zones provide significant customs exemptions for import and export, which helps reduce production costs and increase competitiveness in the global market.

Thanks to these attractive tax and investment benefits, Dubai’s Freedom Zones are an ideal choice for companies wishing to achieve growth and sustainability in a dynamic and advanced business environment that encourages innovation and investment.

Legal requirements for establishing a company in Dubai

Establishing a company in Dubai requires compliance with a set of legal and administrative procedures that ensure the company operates legally and efficiently. Dubai’s legal system provides an advanced legislative environment that supports investment and protects investors’ rights, making it a preferred destination for businessmen in the Middle East and globally. The main legal requirements for establishing a company in Dubai include:

• Choosing a company type: Investors must determine the appropriate company type for their business activities, whether it is a sole proprietorship, a limited liability company, or a public company, according to the purpose and legal requirements.
• Company name: The company name must be unique and conform to specified legal standards, and must be registered with the competent authorities.
• Basic capital: Determine the minimum capital required, if there are requirements in this regard, to establish the company and provide the required financial proof.
• Articles of incorporation and legal documents: The required articles of association and legal documents must be prepared and signed and submitted to the competent authorities for ratification.
• Compliance with local laws and regulations: The new company must comply with all local laws and regulations related to business, taxes, and finance.
• Securing a location for the company: A new company must secure a location for the business, whether it is an office or other space suitable for its business activity.

Dubai is committed to providing a flexible and effective business environment that helps businessmen establish and manage their companies smoothly in accordance with international and local legal standards, which enhances the opportunities for success and growth in the UAE market and at the global level.

Steps to establish a company in Dubai

Steps to establish a company in Dubai

Establishing a company in Dubai requires following a series of legal and administrative steps to ensure that the company operates legally and successfully. Dubai provides an ideal environment for entrepreneurship, where investors from all over the world can achieve their business goals easily and effectively. Here are the steps to establish a company in Dubai:

• Determine the type of company: Before starting, the investor must determine the appropriate type of company for his business activities, whether it is a sole proprietorship, a limited liability company, or a public company.
• Choosing a company name: You must choose a unique and appropriate name for the company, and ensure that it complies with the legal naming standards in Dubai.
• Determining the location of the company: The investor must determine the location of the company, whether it is in the main sector or in one of the free zones, according to the type of activity and operational needs.
• Establishing a company and signing the incorporation contracts: The incorporation contracts and required legal documents must be prepared and signed, and submitted to the competent authorities for ratification.
• Obtaining the necessary licenses and permits: The company may require obtaining licenses and permits from local authorities or the chosen free zone, depending on the type of activity.
• Opening a bank account: The new company must open a bank account in a local bank in Dubai to manage funds and business transactions.
• Registering the company with the tax and social insurance authorities: The company must register with the local tax and social insurance authorities, and submit all required documents.
• Start of work and operation: After completing all legal and administrative procedures, the company can start work and official operation in Dubai.

By choosing Dubai to establish a company, investors can benefit from an advanced business environment, characterized by diversity and broad investment opportunities, making it an ideal destination for companies wishing to expand and grow.

Our company’s role in establishing a company in Dubai

In the midst of global economic transformations and market changes, Dubai remains an ideal destination for establishing and growing companies, thanks to its supportive legislative environment and advanced infrastructure that it provides. By using Itqan Company as a strategic partner, investors and businessmen can benefit from its deep experience, which extends over years of service in the UAE market. Etqan empowers startups and large enterprises alike with a wide range of services that include company incorporation consulting, license management, and legal compliance, making it easier for clients to focus on growing their business without the hassle of searching for information or dealing with complex legal details. Thanks to its future vision and continuous support, Itqan is able to provide innovative solutions that meet the needs of companies in an ever-changing competitive environment. Its strong presence in the Dubai market and commitment to providing the highest levels of service make it a trusted partner for anyone seeking to establish and develop their business in this dynamic and evolving market.

Frequently asked questions about establishing a company in Dubai