Costs of establishing a company in Dubai. Establishing a company in Dubai is an important strategic step for any investor seeking to enter one of the most vibrant and growing global markets. Thanks to its dynamic business environment and innovative government facilities, Dubai offers unlimited opportunities for expansion and success in a variety of sectors. However, interacting with the bureaucratic system and complying with legal requirements can be complex, which makes choosing the right company that provides the necessary support vital.

In this context, Itqan Company, which specializes in company establishment consulting, provides optimal support to investors wishing to establish their businesses in Dubai. Thanks to its extensive experience and deep knowledge of the local market, Itqan Company provides integrated solutions that contribute to facilitating the establishment process effectively. Through its comprehensive services, the company includes assistance in choosing the appropriate legal form, providing legal advice, managing licenses and permits, and providing the necessary administrative support.

Itqan allows investors to benefit from its in-depth understanding of legal and procedural requirements, which helps speed up the incorporation process and avoid delays. The company also provides strategic consultations to ensure maximum benefit from the opportunities available in the market. By cooperating with Itqan, investors can focus on developing their business and trading strategies while the company handles the complex details of establishing the company

By choosing Itqan Company as a partner in the journey of establishing a company in Dubai , you guarantee access to professional services and integrated support that enhances your success in one of the most attractive markets for business in the world.

Costs of establishing a company in Dubai

Basic steps to establish a company in Dubai

Establishing a company in Dubai represents an exciting opportunity for investors and entrepreneurs seeking entry into one of the world’s most vibrant and thriving markets. Thanks to its strategic location, advanced infrastructure, and commercial facilities, Dubai is an ideal destination for establishing companies of all kinds. However, setting up a company in Dubai requires following specific steps to ensure the success of the process and compliance with legal and regulatory requirements. Knowing the basic steps can help speed up procedures and avoid potential obstacles. Basic steps to establish a company in Dubai

• Determine the type of company

Before starting the incorporation process, you must determine the type of company you wish to establish, whether it is a limited liability company, a public joint stock company, or an individual company. The location must also be determined whether in the free zones or on the Dubai mainland, as this decision affects incorporation and ownership requirements.

• Choose a trade name

Choosing a business name that is consistent with local regulations and laws is a vital step. The name must be unique and not similar to the names of companies already registered. Submitting the name for approval by the competent authorities is an essential part of this step.

• Preparing documents

Basic documents required to collect include: passports of the founders, articles of incorporation, partnership agreements if the company requires them, and proof of address. You must ensure that all documents are complete and comply with legal requirements.

• Submit an application for a license

The type of license required depends on the company’s activity. The license can be commercial, industrial, or service. Submitting an application to the relevant authority, such as the Department of Economic Development or the General Authority for Economic Development, is an essential step in obtaining the necessary approval.

• Renting an office or commercial space

It is necessary to rent a suitable place to conduct business activity. The office can be in a free zone or in an onshore area depending on the type of company. Ensuring the venue complies with licensing requirements is part of this process.

• Pay fees and register

After completing the documents and approving the trade name and license, the required registration fees must be paid. This includes establishment fees, licensing, and rent if a commercial space needs to be rented.

• Open a bank account for the company

Opening a company bank account is a necessary step to manage funds and financial transactions. Choosing a reliable bank and submitting the necessary documents to open the account is part of this process.

• Completing recruitment procedures

If the company is going to hire employees, recruitment procedures must be completed, including obtaining the necessary visas and providing health and social insurances for employees.

• Receiving license and certificates

After completing all procedures, the necessary license and certificates to operate the company legally are issued. These certificates can include a business license, certificate of incorporation, and any additional licenses if necessary.

By following these basic steps, investors can establish their companies in Dubai effectively and in line with legal and regulatory requirements, allowing them to expand and succeed in a dynamic and thriving market.

Types of business licenses available in Dubai

Dubai is considered one of the most prominent global business destinations that offers a favorable environment for investment and expansion. Choosing the appropriate business license is an essential step when establishing a company in Dubai, as it plays a vital role in determining the type of business activity and the legal procedures that must be followed. There are different types of business licenses available in Dubai, each of which has specific requirements that suit the type of activity and field in which the company operates. Knowing the types available and understanding their requirements can help investors make informed decisions and ensure compliance with local regulations. Types of business licenses in Dubai

• Commercial License: The commercial license is the most common and is granted to companies operating in general commercial activities such as buying and selling, retail and wholesale trade. This license includes companies that sell goods and services, and the business activity must be consistent with what is registered in the license.
• Industrial license: An industrial license is granted to companies that carry out manufacturing or production activities. These activities include building factories or workshops, and manufacturing products that require the use of machines and resources. Companies obtaining this license need to adhere to specific requirements regarding infrastructure and equipment.
• Services Provision License: The Services Provision License is reserved for companies that provide various services rather than physical products. These activities include consulting, training, and professional services such as accounting and law. Companies seeking this license need to prove their professionalism in providing specialized services.
• Professional activity license: A professional activity license is granted for activities that require special skills or professional certificates such as medicine, engineering, and design. This license depends on the qualifications of the company’s employees and the professional standards that must be met.
• E-commerce license: The e-commerce license is designated for companies that operate mainly online, including buying and selling through online stores. This license allows commercial transactions to be carried out across digital platforms and is suitable for companies focused on online commerce.
• Export and import license: This license is granted to companies working in the field of export and import, as it allows them to export and import goods across borders. This license requires the company to be registered with customs authorities and comply with international trade regulations.

Our company’s role in establishing a company in Dubai

Establishing a company in Dubai can be the beginning of a promising investment opportunity, but success in this field requires choosing the right partner who provides the necessary support to smoothly navigate the market requirements and legal infrastructure. Itqan Company, thanks to its deep experience and broad understanding of the local market, plays a vital role in ensuring that the establishment process proceeds successfully and efficiently.

By providing a comprehensive range of services, including legal advice, licensing management, and preparing the necessary documents, Itqan helps investors overcome bureaucratic challenges and achieve their business goals. The company’s commitment to providing customized solutions that meet the needs of each client contributes to simplifying the incorporation process and ensuring its compliance with legal and regulatory requirements.

When cooperating with Itqan Company, investors receive integrated support that includes providing strategic advice that enhances their chances of success in the market. This cooperation also provides investors with protection from potential risks and contributes to accelerating the growth of their business in a favorable business environment. Focusing on providing the best advice and support plays an important role in ensuring the success of new businesses and achieving outstanding results.

Ultimately, establishing a company in Dubai in collaboration with Itqan provides investors with a strong and influential start in the market, allowing them to focus on developing their business strategies and growing with confidence. Thanks to Itqan’s commitment to providing professional services and comprehensive support, investors can take advantage of all the opportunities that Dubai has to offer and achieve success in one of the most attractive global business markets.

Frequently asked questions about establishing a company in Dubai