Establishing companies in Dubai

Establishing companies in Dubai represents an important challenge and a distinct investment opportunity in the global business market, as this emirate provides an ideal environment for business and investments thanks to its advanced legislation and modern infrastructure. Through Itqan, investors and businessmen can benefit from the experience and support needed to establish their companies in Dubai in a successful and balanced manner.

To achieve this goal, investors must take strategic and careful steps in establishing their companies . First and foremost, they need to identify the right type of company that matches their business goals and requirements. After that, an elaborate feasibility study must be prepared to analyze the market and identify the opportunities and challenges that the proposed company may face.

We can explain the process better. First, investors need to determine the right type of company. Once they have identified the right type, they can begin preparing a comprehensive feasibility study. Over time, investors must make critical decisions to move to the next step and efficiently implement the strategic plan.

In cooperation with Itqan Company, investors can benefit from extensive experience and knowledge in the field of establishing companies in Dubai, ensuring maximum added value with minimal effort and cost. The company provides the necessary support and professional advice to assist with every step of the incorporation process, making the process smooth and successful.

جدول المحتوى

Establishing companies in Dubai

Establishing a company in Dubai is an exciting and rewarding process for investors. Dubai has a thriving business environment and advanced facilities, and several options are available for establishing companies, including local companies, free companies and free zones. Here is an overview of the company formation process in Dubai:

Choosing a company type: Investors must select the type of company they want to establish, such as a local company (LLC), a free company (FZC), or a free zone company.
Choosing a business: Investors must determine the business activity they intend to operate in, making sure it complies with local laws and regulations.
Company name: You must choose an appropriate and unique name for the company, and ensure that it is compatible with local laws and regulations.
Submitting the required documents: Investors must submit the required documents to the Department of Economic Development or the relevant authority in the free zone, which includes a copy of the passport, certificate of incorporation, company contract, and other important documents.
Obtaining licenses: After submitting the required documents, investors must obtain the necessary licenses for the company, such as trade license, building license (if necessary) and other licenses for the specific activity of the company.
Opening a bank account: Investors must open a local bank account for the company, provide the required capital and complete all necessary banking procedures.
Tax Registration: Investors must register with the local tax department and obtain a company tax number.
Company Establishment: After completing all procedures and licenses, the company is officially established and ready to start operating.

Establishing

Establishing companies in Dubai

Procedures for establishing companies in Dubai

Establishing companies in Dubai is considered an important process that requires good planning and specialized consultation. The process begins by determining the type of company that is appropriate for your business objectives and the local laws applicable in Dubai. Next, follow these basic procedures:

Choosing a business activity: You must determine the activity of the company you want to establish, and ensure that the appropriate license is available for that activity in Dubai.
Choosing the legal form of the company: After determining the activity, you must choose the appropriate legal form of the company, such as a sole proprietorship, a joint-stock company, a partnership, or a company in a free zone.
Determine the trade name: You must choose a distinctive name that is not similar to other companies and conforms to the legal laws in Dubai, and ensure that the name is available in the companies registry .
Preparation of legal documents: The necessary documents are prepared, such as the articles of incorporation, shareholding contracts (if any), and the company’s bylaws.
Submitting a registration application: After preparing the documents, the application is submitted to register the company with the competent government authority in Dubai, along with paying the registration fees.
Approval and receipt of the business license : After reviewing the documents and application, and ensuring that all conditions are met, approval is granted and the business and establishment license is received.
Tax registration: The company must register with the General Tax Authority and comply with all local tax obligations.
Opening a bank account: The founders open a bank account in the name of the company and deposit the required capital into the account.

Itqan Company facilitates this process by providing specialized consultation and support at every stage of establishing companies in Dubai, from analyzing the needs and choosing the appropriate legal form, to submitting applications and reviewing documents, which helps facilitate the process and avoid potential legal and administrative problems.

Documents required to establish companies in Dubai

The documents required to establish companies in Dubai vary slightly depending on the type of company and the legal form you choose, but there is usually a set of basic documents that must be submitted. Here is a general list of documents that may be required when establishing companies in Dubai:

Registration application form: This form contains basic information about the company such as trade name, business activity, address, and details of shareholders and directors.
Articles of Association: It contains detailed information about the company’s structure, objectives, proposed activities, and bylaws.
Shareholder and Director Identification Forms: Copies of ID cards for approved shareholders and directors are required.
Subscription certificate (in the case of joint-stock companies): A subscription certificate must be submitted to confirm shareholders’ share in the capital.
Business plan and estimated budget: This document can be essential to demonstrate the sustainability and feasibility of the business.
Proof of address document: such as a lease contract or ownership document for the property that will be specified as the company’s address.
Accounting report: includes the company’s financial report, such as financial statements, income and losses.
Office license (if there is an office in Dubai): Establishing a company in Dubai requires an office, and the office license must be submitted as part of the documentation.
Bank Report on Capital: You may have to submit a report from the bank confirming that the required capital has been deposited into the company account.
Authorization document: If there is an external legal official, an authorization document proving his or her authority must be provided.

It is always preferable to check the exact requirements and documents required to establish a company in Dubai through the relevant government agency or through specialized consultation such as Itqan Company to ensure full compliance with legal and procedural requirements.

Establishing foreign companies in Dubai

Establishing foreign companies in Dubai requires following specific procedures and complying with local laws and regulations. Here are the steps for establishing foreign companies in Dubai:

Market Study: The foreign company must carefully study the market in Dubai, understand the business environment, and verify the feasibility of investing in the city.
Choosing the legal form: You must choose the appropriate legal form for the foreign company, such as an overseas branch or subsidiary.
Obtaining approval from the Ministry of Economy: Establishing foreign companies requires prior approval from the Ministry of Economy and Planning in Dubai.
Submitting Documents: Required documents such as a copy of the commercial certificate and other legal documents must be submitted.
Payment of fees: The process of establishing foreign companies requires paying the required incorporation fees and government fees.
Obtaining licenses: After completing the administrative procedures, the necessary licenses are granted by the relevant government agencies.
Tax registration: The foreign company must register with the General Tax Authority and comply with local tax laws.
Opening a bank account: The incorporation process requires opening a bank account in the name of the foreign company and depositing the required capital.
Hiring Employees: The foreign company must employ local employees in accordance with local labor laws.
Compliance with regulations: The foreign company must adhere to all local regulations and laws in Dubai and the UAE.

It is always preferable to obtain legal advice and specialized consultations from Itqan Company before starting the process of establishing foreign companies in Dubai, in order to ensure compliance with all legal procedures and regulations and to facilitate the process effectively.

Choose between a free and regular zone to establish companies

Aspects of choice	the free zone	Normal area
Fees and taxes	Fees are usually lower in free zones and there may be tax concessions	Fees can be higher in regular areas and are fully subject to local taxes
Regulatory conditions	Free zones often provide flexible regulatory requirements and flexibility in commercial laws	Regulatory conditions in normal areas may be more stringent and require full compliance with laws and regulations
Foreign investment	Free zones typically encourage foreign investment and provide benefits to foreign investors	Regular zones may be more restrictive for foreign investments and require additional approval
Speed in establishment	Incorporation processes are faster in free zones due to simplified procedures	Incorporation processes in regular areas may take longer due to more complex administrative procedures
Take advantage of the infrastructure	Free zones may be equipped with advanced infrastructure and support services for businesses	Infrastructure in regular areas can be less developed and requires additional investment

Finally, this table highlights some of the main differences between free and regular zones with regard to establishing companies in Dubai. Investors should consider their own needs and business objectives to make the optimal decision among the available options.

Tax advantages for companies in Dubai.

Dubai is a distinguished and attractive financial destination for companies thanks to its thriving economic environment and available tax advantages. Here’s a rundown of the corporate tax benefits in Dubai, focusing on the key points:

First, not imposing corporate tax: In free zones and other areas in Dubai, companies are exempt from paying corporate tax for a specific period, which contributes to reducing the tax burden on new companies.
There is also no personal income tax: There is no personal income tax in Dubai, which attracts investors and workers from all over the world to work and invest in the city.
Therefore, no capital gain tax is imposed: There is no capital gain tax in Dubai, which is an added advantage for new companies and investors.
Also, exemption from value-added tax (VAT): Some goods and services are subject to exemption from value-added tax in Dubai, which facilitates the marketing and expansion process for companies.
Then benefit from naturalization agreements: Companies in Dubai can benefit from the naturalization agreements that the UAE has with many countries, which allow companies to be naturalized and obtain additional tax benefits.

After that, Itqan Company plays a vital role in providing legal and tax advice to companies in Dubai, as it provides support and guidance to companies in exploiting the available tax advantages, and ensuring full compliance with local tax laws and regulations. Thanks to its experience and deep knowledge of the business environment in Dubai, Itqan is considered a strategic partner for companies that want to benefit from tax advantages and achieve success in the UAE and regional market.

Establishing

Establishing companies in Dubai

Our company’s role in helping you establish a company in Dubai

Itqan Company plays an important role in helping you establish a company in Dubai by providing the following services:

Incorporation Consultations: Itqan provides comprehensive consultations on the process of establishing companies in Dubai, including choosing the appropriate legal form, appropriate commercial activity, and determining appropriate locations for incorporation.
Legal procedures: Itqan provides support in preparing the legal documents necessary to establish the company, such as the articles of incorporation, shareholding, and bylaws, and guides you through all legal procedures.
Therefore, registration and licenses: Itqan helps you submit registration applications, obtain the necessary licenses from the relevant authorities, and ensure compliance with all legal conditions and standards.
Also tax consulting: Itqan provides consultations on the tax benefits available to companies in Dubai, and provides guidance on how to get the most out of these benefits.
Then accounting services: Itqan provides integrated accounting and financial services that include preparing financial reports, account management, tax reports, and auditing.
Legal support: Itqan provides legal support in multiple areas such as contracts, disputes, and legal compliance, to ensure your company is protected and complies with the laws.
Hence, technical and marketing support: Itqan provides support in the field of digital marketing, software development, and information technology solutions, to enhance your digital presence and increase opportunities for growth and expansion.

Finally, in short, Itqan plays a comprehensive role in helping you establish a company in Dubai, from incorporation consulting to legal, accounting and marketing support, ensuring the success and prosperity of your company in the dynamic business environment in Dubai and the UAE.

What support can we provide you?

Firstly, by choosing Itqan Company as a partner to establish your company in Dubai, you include obtaining the necessary support to build a strong foundation for the success of your business in this dynamic market. In the midst of business challenges, establishing a company in Dubai is a strategic step of great importance, and achieving success requires good planning and effective implementation.

Also, establishing a company in Dubai requires a deep understanding of the commercial environment and local laws, which is what Itqan Company provides with high professionalism and accuracy. In addition, cooperation with a reliable local company contributes to overcoming obstacles and achieving the ideal balance between costs and quality.

Finally, by using transitional words appropriately, we can direct the reader towards the main idea and present the conclusion in a strong and convincing manner. Your company in Dubai will not be just a commercial project, but rather a personal and professional journey full of challenges and opportunities, and Itqan Company will be the ideal partner to face these challenges and achieve success.

Frequently asked questions about establishing companies in Dubai

What types of companies can I establish in Dubai?

You can establish a sole proprietorship, a one-person company, a limited liability company, a trading company, a joint-stock company, or a subsidiary company.

What are the necessary procedures to establish a company in Dubai?

The main procedures include choosing the company type, choosing the company name and ensuring its availability, determining the business location, and submitting the required documents to the relevant authorities.

The main procedures include choosing the company type, choosing the company name and ensuring its availability, determining the business location, and submitting the required documents to the relevant authorities.

Basic conditions include obtaining a license from the relevant regulatory authorities, providing the necessary capital, and submitting the required documents completely and correctly.

How long does it take to establish a company in Dubai?

Setting up a company in Dubai can take approximately between two weeks to two months, depending on the type of company and fulfilling all procedures and requirements.