In light of the rapid developments witnessed by the business market in Dubai, the issue of issuing an immediate commercial license has become one of the main factors that enhance the business environment and simplify procedures for entrepreneurs and investors. Thanks to its advanced infrastructure and encouraging policies, Dubai offers an instant license issuance service that aims to speed up the process of establishing companies and reduce the time taken for work permits and licenses. This service allows investors to start their businesses quickly and smoothly, reflecting Dubai’s commitment to enhancing its attractiveness as a global business and investment centre. In this article, we will review the steps and procedures for obtaining an instant license in Dubai , its benefits, and how it can contribute to facilitating the process of establishing a new business.

Issuing an instant license in Dubai

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How to issue an instant license in Dubai

Instant license in Dubai

Instant license in Dubai is a service provided by the Dubai Department of Economic Development (DED) to facilitate and accelerate the process of establishing new companies. This service aims to reduce the time it takes to obtain a commercial license, enabling investors and entrepreneurs to start their activities quickly and efficiently.

Dubai Economy has clarified that the process of issuing each “instant” license from Dubai takes only five minutes in one step without the need for a memorandum of incorporation of the company and its current location, for the first year only, provided that the location is specified and the memorandum of incorporation of the company is attached upon renewal. She added that the instant license service reduces the time required to conduct company registration transactions and obtain a license by 90%.

She pointed out that through the instant license, project owners can obtain a general commercial license online, explaining that the instant license includes general commercial activity, in addition to all activities that do not require external approvals, and are allowed for both citizens and residents. She pointed out that the legal forms of licensing include four types: a limited liability company, a one-person company, a sole proprietorship, and a civil business company.

Advantages of an instant license include:

1. Speed ​​of issuance : The commercial license can be obtained within a few hours or days instead of the weeks that the traditional process took.
2. Simplified procedures : Reducing the number of bureaucratic procedures and requirements to facilitate the registration process.
3. Digital facilities : Submitting applications and documents via electronic platforms, which facilitates the process and saves time.
4. Flexibility in activities : The instant license covers a variety of commercial, professional and industrial activities.
5. Reasonable costs : In many cases, instant license costs are equivalent to or lower than traditional costs.

Get the instant license

1. Trade Name Registration : Choose a trade name that is unique and meets the requirements.
2. Submitting documents : Use the electronic platforms provided by the Department of Economic Development to submit the required documents.
3. Application review : The competent authority reviews the application and documents.
4. Obtaining the license : After approval, the license is issued and presented to the investor via email or can be received in person. The instant license contributes to improving the business environment in Dubai by providing quick and effective solutions to investors.

An instant license to establish companies in Dubai plays a vital role in enhancing the business environment and attracting investments. Here is the importance of this license:

1. Accelerating the establishment process : An instant license helps reduce the time required to establish a company, allowing investors and entrepreneurs to quickly start their commercial activities. This enhances companies’ ability to adapt to market changes faster.
2. Facilitating bureaucratic procedures : By simplifying procedures and requirements, an instant license contributes to reducing bureaucracy and red tape associated with the incorporation process, making the process smoother and more efficient.
3. Attracting investments : An instant license provides a more attractive business environment for investors, especially foreigners looking for quick and easy opportunities to enter the market. This strengthens Dubai’s position as a global investment hub.
4. Increased efficiency : By reducing the time it takes to obtain a license, companies can start generating revenue and delivering their services to customers faster, enhancing operational efficiency.
5. Supporting innovation : Accelerating the establishment process can encourage entrepreneurs to present new and innovative ideas, as they can quickly test their business models and implement their projects.
6. Enhanced transparency : The digital and simplified procedures that come with instant licensing contribute to increasing transparency and reducing the chances of error or manipulation, which enhances confidence in the system.
7. Cost savings : In some cases, the costs of obtaining an instant license may be lower than traditional costs, which helps companies reduce their expenses during the establishment phase.

Overall, the instant license contributes to improving the business environment in Dubai by providing quick and effective solutions to investors, which strengthens the city’s position as a major business and investment center in the region.

 

Establishing companies in Dubai with the help of Itqan Company

Establishing companies in Dubai with the help of Itqan Company provides many advantages for investors and entrepreneurs who seek to establish their businesses quickly and efficiently. Itqan Company offers a full range of services that contribute to facilitating the establishment process, including:

1. Legal consultations : Itqan Company provides comprehensive legal consultations to help you understand the legal requirements and regulations for establishing companies in Dubai. This includes choosing the appropriate company type, defining business activities, and understanding legal responsibilities.
2. Licensing procedures : Itqan Company manages the process of submitting commercial license applications, including preparing the required documents and submitting them to the competent authorities. The company helps you obtain a commercial license quickly and without complications.
3. Trade name registration : Itqan helps you choose and register the appropriate trade name for your company, and ensure that it complies with local regulations and is not used by other companies.
4. Establishment procedures : Itqan Company manages all procedures related to establishing the company, from submitting applications to obtaining the necessary approvals, which saves you time and effort.
5. Rental and leasing services : If you need an office or company headquarters, Itqan Company can help you find suitable options and deal with contracts and leasing.
6. Opening bank accounts : Itqan Company helps in opening commercial bank accounts, which contributes to facilitating payment, receipt, and financial transactions.
7. Residency and visa procedures : Itqan Company provides support in obtaining residence visas for owners and employees, which facilitates the employment and residency process in Dubai.
8. Post-incorporation support : Itqan provides ongoing support after incorporation, including administrative and business support services, which helps companies adapt and grow in the local business environment.

With the help of Itqan Company, you can speed up the process of establishing your company in Dubai and avoid the complications associated with bureaucratic procedures, which enhances your chances of success in the market.

 

The importance of an immediate license to establish companies in Dubai

Advantages of establishing a company in Dubai

Establishing a company in Dubai offers many advantages that make it a preferred destination for investors and entrepreneurs. Here are the most prominent advantages:

1. A vibrant and thriving business environment : Dubai is a global business hub, providing ample opportunities for expansion and growth. The city enjoys a strong economic environment and advanced infrastructure that supports various types of businesses.
2. Diverse investment opportunities : Dubai provides investment opportunities in a variety of sectors such as technology, real estate, trade, tourism, and financial services, allowing investors to choose the field that suits their interests.
3. Tax exemptions : In many free zones in Dubai, companies can benefit from full tax exemptions on profits, which contributes to increasing profitability and reducing operational costs.
4. Strategic location : Dubai is located in a distinctive geographical location between the continents of Asia, Africa and Europe, which makes it an ideal starting point for international trade and allows easy access to global markets.
5. Ease of incorporation procedures : Dubai provides an effective and fast system for establishing companies, including providing instant licensing services that contribute to accelerating the process of starting a business.
6. Transparent legal system : Dubai has an advanced and transparent legal system that supports property rights and protects commercial interests, providing a safe and stable business environment.
7. Multiple corporate structure options : Dubai provides multiple corporate structure options, including limited liability companies, joint stock companies, and companies in free zones, allowing investors to choose the structure that best suits their needs.
8. Easy access to financial services : Dubai has a developed banking system and a wide range of financial services that support commercial activities, including opening bank accounts and dealing with investments.
9. High Quality of Life : Dubai offers a high level of quality of life, including modern facilities, excellent health and education services, and a comfortable lifestyle, making it an attractive place to live and work.
10. Diversity of the workforce : Dubai provides a diverse workforce with different skills and experiences, which makes it easy to find highly qualified employees in various fields. Establishing a company in Dubai can open doors to vast opportunities and enhance the potential for growth and success in the global business market.

At the conclusion of our article on issuing an instant license in Dubai , it becomes clear that this service represents a decisive step towards accelerating and enhancing the business environment in the city. By facilitating procedures and reducing the time required to obtain licenses, an instant license allows investors and entrepreneurs to start their projects efficiently and quickly. This service also reflects Dubai’s commitment to providing a flexible and attractive business environment that keeps pace with global developments and meets market needs.

Frequently asked questions about issuing an instant license in Dubai