Establishing a private company in Dubai is considered a strategic step towards achieving commercial and investment success in one of the fastest growing markets in the world, as Dubai offers a distinguished investment environment that combines advanced infrastructure and government policies that support entrepreneurship, making it an attractive destination for local and international investors, with the facilities and flexibility provided by the government. In terms of laws and procedures, establishing a private company in Dubai has become an easy matter that can be achieved with deliberate and sequential steps in cooperation with specialized companies such as Itqan Company.

Itqan Company offers a wide range of services that help investors and businessmen in every step of establishing private companies, starting from providing advice on the appropriate type of company to following up on legal procedures and providing full administrative support. Itqan contributes, with its deep experience and comprehensive knowledge of the Emirati market, to facilitating the establishment process and ensuring Complying with all legal and administrative requirements to ensure that the company is established correctly and quickly

The process of establishing a company begins by determining the type of private company that the investor wishes to establish, whether it is a limited liability company, a private joint stock company, or any other type of legal entity available in Dubai. After that comes the stage of choosing the trade name and submitting it for approval by the competent authorities, which is necessary to ensure The company is distinguished from others in the market. Once approval is obtained, all required legal documents are prepared and submitted to the Department of Economic Development in Dubai or the competent authority according to the type of commercial activity and the geographical location of the company.

After completing these steps comes the stage of obtaining a commercial license and opening a bank account for the company, which allows investors to begin practicing business in a legal and flexible manner. To ensure the success of the process, they can rely on the experience and support provided by Itqan Company, as it provides integrated solutions that help overcome any potential challenges and achieve success. Objectives of establishing the company in Dubai

Types of companies that can be established in Dubai

Dubai is one of the most prominent investment destinations in the world, thanks to its thriving economic environment and advanced infrastructure, in addition to government policies that encourage attracting foreign investments. Establishing a company in Dubai is a strategic step for investors and entrepreneurs looking to take advantage of the opportunities available in this global city. Dubai offers a variety of options for establishing companies, which meets the needs of various commercial and service activities. Whether you are seeking to establish a small company or expand your business through a branch of a global company, Dubai offers you the ideal environment to achieve your goals. By understanding the types of companies available you can make an informed decision about the structure that best suits your business needs and achieves your future goals.

Types of companies that can be established in Dubai:
Limited Liability Company (LLC):

The Limited Liability Company is one of the most common business structures in Dubai. This type of company requires a local partner to own 51% of the shares, while a foreign investor can own 49%. This type of company allows you to benefit from the advantages of the local market and work in various economic sectors.
Sole Proprietorship:

This type of corporation allows an individual to establish a company on his own, and the owner is solely responsible for all profits and losses. This type of company is simple to manage, but may require some special licenses depending on the type of activity.
Private Joint Stock Company:

This type of company requires founding partners, and these companies are allowed to offer their shares for private subscription, but not public. This type of company allows investors to benefit from pooling capital through shareholders while maintaining a degree of privacy compared to public companies.
Branch of a Foreign Company:

Dubai allows foreign companies to open branches within the emirate without the need for a local partner. This type of company has the same rights as the parent company but is legally responsible for its actions in Dubai. Branches can operate in the same business activity as the parent company.
Free Zone Company:

Dubai free zones are an ideal choice for foreign investors who want to own their company outright without needing a local partner. This type of company offers a wide range of benefits such as tax exemptions and customs facilities, in addition to the freedom to transfer profits.
Civil Company:

Civil corporations are typically used for professionals such as doctors, lawyers, and engineers who wish to practice their profession independently or in partnership with others. This type of company allows partners to share profits and losses equally based on a prior agreement.
Choosing the appropriate type of company depends on several factors such as the type of business activity, the size of the investment, and the nature of the partnership. Specialized consulting firms such as Itqan can advise you on the best structure for your company in Dubai, and assist you with every step of incorporation to ensure full compliance with local laws and regulations.

Basic requirements for establishing a private company in Dubai

Establishing a private company in Dubai is considered a strategic move for many investors and entrepreneurs looking to take advantage of the economic opportunities available in one of the fastest growing cities in the world. Dubai is characterized by an encouraging business environment, advanced infrastructure, and a strategic geographical location linking global markets. In addition, government policies supporting investment contribute to making Dubai an ideal destination for establishing private companies. However, setting up a company in Dubai requires adherence to a number of basic requirements that ensure compliance with local laws and regulations. Understanding these requirements well helps facilitate the establishment process and ensure the company’s long-term success. Whether you are planning to start a small business or expand your existing business into the Dubai market, adhering to these requirements is the first step towards achieving success and prosperity in this dynamic market.

Basic requirements for establishing a private company in Dubai:
Choosing a business activity:

Before starting the company establishment process, it is necessary to determine the business activity that the company will practice. Dubai offers a wide range of business activities to choose from, and you must ensure that the activity you choose is permitted within local regulations.
Choosing a trade name:

A trade name must be chosen that complies with Dubai laws and reflects the type of business activity of the company. The name must be unique, not used by other companies, and must not contain prohibited or inappropriate words. Once a name is chosen, it must be registered with the Department of Economic Development (DED) for approval.
Determine the company structure:

Investors must determine the type and structure of the company, whether it is a limited liability company (LLC), a sole proprietorship, or a branch of a foreign company. The type of structure depends on the size of the company and the nature of the business, as well as on the requirements of partners and shareholders.
Obtaining approvals and licenses:

Establishing a company in Dubai requires obtaining a set of approvals and licenses from the competent authorities. These licenses include initial approvals from the Department of Economic Development, as well as licenses specific to the commercial activity if it requires it, such as health or educational sector licenses.

Our company’s role in establishing a company in Dubai

At the conclusion of the discussion about establishing a private company in Dubai, it clearly appears that this process, which may seem complicated at first, can be made more smooth and effective when relying on specialized support from experienced companies such as Itqan Company. Establishing a company in Dubai means entering a diverse and dynamic market that has potential. Huge growth and prosperity, but this success requires good planning and a deep understanding of the legal and administrative procedures that govern the local market

Itqan Company provides investors and businessmen with the necessary infrastructure to establish their own companies in Dubai , ensuring that they fully comply with local laws and achieve their business goals easily and quickly, as Itqan, with its extensive experience and precise knowledge of the Emirati market, provides a comprehensive solution that includes every aspect of the establishment process, from choosing the appropriate type of company. Determine the trade name, submit all legal documents, and obtain the necessary licenses

Moreover, Itqan not only helps you establish the company, but also provides continuous support to ensure the sustainability and growth of your business in Dubai by providing specialized consultations and administrative services that enable you to focus on growing your business without worrying about legal requirements and daily routines. This comprehensive support enhances the ability Your company adapts to market changes and takes advantage of available investment opportunities

Establishing a private company in Dubai is not only a step towards entering a new market, but rather it is a long-term investment that requires a reliable partner like Itqan to achieve success and prosperity in this growing market. Therefore, if you are seeking to achieve your business ambitions in Dubai, cooperation with Itqan Company will provide you with the correct and solid foundations to launch and achieve. Achieve your goals with confidence and reassurance, and thus you have taken the first step towards building a prosperous professional and commercial future in one of the most prominent global cities

Frequently asked questions about establishing a company in Dubai