What does it mean to obtain security approval when establishing a company in Dubai

What does it mean to obtain security approval when establishing a company in Dubai? As a growing global center for business and investment, the government attaches utmost importance to ensuring the security and safety of companies registered in its emirate. In this context, obtaining security approval is one of the basic conditions for establishing any company in Dubai. Itqan, as a reliable and specialized partner, plays a vital role in helping clients meet this important requirement and ensuring a smooth incorporation process.

Initially, obtaining security clearance requires the founders or partners of the new company to provide detailed personal data, including copies of passports and ID cards. “Itqan” Company is coordinating with the competent security authorities to review this information and verify its integrity and that the founders’ records are free of any security or criminal issues.

Secondly, “Itqan” assists in preparing and submitting the security approval application to the relevant authorities, ensuring that all required documents and information are complete. This step is essential for completing the establishment procedures, as it is not possible to obtain a commercial license without first obtaining security approval.

In addition, “Itqan” Company is responsible for following up on the security approval request with the relevant government authorities, and coordinating with clients to provide them with any additional information or documents that may be requested during the review process. Thanks to its extensive experience in this field, “Itqan” ensures that this process is quickly completed and approval is obtained in the shortest possible time.

In conclusion, obtaining security approval when establishing a company in Dubai is an essential measure to ensure full compliance with applicable regulations and laws, and to maintain the security and safety of companies and investments in the emirate. In cooperation with the expert “Itqan” company, entrepreneurs and investors are able to fulfill this requirement efficiently and effectively, facilitating the process of establishing their companies in Dubai.

Basic steps to establish a company in Dubai

Dubai is one of the most active and attractive economic centers in the world, providing an ideal environment for establishing and developing businesses. However, setting up a company in Dubai involves a number of basic steps that entrepreneurs and investors must carefully follow to ensure the success of their venture. In this context, we will review the main steps for establishing a company in Dubai.

Basic steps to establish a company in Dubai:

Choosing the type of company and business activity: Founders must determine the type of company they want to create (limited liability company, private joint stock company, etc.) as well as the business activity it will engage in, according to their goals and the nature of their business.
Obtaining security approval: Establishing any company in Dubai requires obtaining security approval from the competent authorities. “Itqan” company can assist in this process by coordinating with the security authorities and providing the required documents and information.
Choosing a trade name and obtaining a license: After obtaining security approval, the founders must choose an available trade name and submit an application for a trade license from the Department of Economic Development.
Establishing the company and registering shares: At this stage, the company’s articles of incorporation are prepared and the founders’ shares or shares are registered with the commercial registry.
Open a bank account and complete licenses: After establishing the company, the founders must open a bank account for it and complete any other licenses or permits that may be required to conduct the business.
Following these steps carefully, in addition to using Etqan as a reliable partner, will ensure founders set up their company in Dubai smoothly and efficiently.

Types of companies available to establish in Dubai

Dubai has great flexibility and diversity in the types of companies available for establishment, allowing investors and entrepreneurs to choose the legal structure that best suits their business. This diversity enables entrepreneurs to create their companies according to their unique needs and business requirements. In this context, we will review the main types of companies available for establishment in the Emirate of Dubai.

Types of companies available to establish in Dubai:

Limited Liability Company (LLC): This is the most common form of company in Dubai. It is characterized by high flexibility in structure and management, and limited liability protection for shareholders.
Private Joint Stock Company: It is a closed joint stock company consisting of a limited number of shareholders. Its shares are traded over the counter.
Branch or representative office: This form allows foreign companies to establish a branch or representative office in Dubai without the need to establish a local company.
Public Joint Stock Company: It is an open joint stock company whose shares are listed on the Dubai Financial Market.
Partnership: It can be a general or limited partnership, and consists of joint and limited liability partners.
Sole proprietorship: It is the simplest form of company, as it is owned and established by one person who bears full responsibility for it.
This diversity in company forms provides investors and entrepreneurs with the ability to choose between multiple legal structures that suit the nature of their business and their strategic goals.

Documents required to establish a company in Dubai

Documents required to establish a company in Dubai

Establishing a company in the Emirate of Dubai requires completing a set of official documents and requirements. This process ensures compliance with the laws and regulations in force in the emirate and facilitates registration and licensing procedures for the new company. In this context, we will review the main documents required to establish a company in Dubai. Documents required to establish a company in Dubai:

• Company Articles of Association: A legal document that defines the ownership and management structure of the new company.
• A copy of the founders’ passport: to prove the founders’ identity and nationalities.
• Certificate of freedom from criminal record: to ensure that the founders do not have a criminal record.
• Certificate of obtaining the approval of the relevant authorities: if the company’s commercial activity requires special approvals.
• Proof of the company’s registered address: Lease contract or ownership certificate for the office or head office.
• Licenses necessary for commercial activity: such as a foreign investment license or a license to practice the activity.
• Company incorporation application form: An official form that is filled out and submitted to the relevant authorities.
• Pay the prescribed fees: registration and license fees according to the type of company and activity.

These are essential documents for the company incorporation process in Dubai, which ensures compliance with the laws and regulations in force in the emirate.

Our company’s role in establishing a company in Dubai

Obtaining security approval when establishing a company in Dubai in cooperation with Itqan Company is crucial to ensuring full compliance with the regulations and laws applied in the emirate. This security approval confirms that the company and the people associated with it do not pose any security risks or threats, which enhances the confidence of the competent authorities in the project and creates a safe and stable work environment.

Through cooperation with Itqan Company, it is ensured that all security requirements necessary for establishing the company are met, including verifying the identity of the founders and shareholders, and ensuring that there are no criminal records or suspicious activities associated with them. In addition, Itqan helps in obtaining the necessary approvals and licenses from the relevant authorities, and ensures that the establishment process is carried out correctly in accordance with applicable regulations.

Obtaining security approval gives the new company a distinguished position in the business market in Dubai, and enhances the confidence of customers and partners in the project. It also gives the company the opportunity to expand and take advantage of the economic opportunities available in the emirate, due to it obtaining the necessary security guarantees. This approval represents an essential step in the company’s success and achieving its goals in the local and regional market.

Frequently asked questions about establishing a company in Dubai