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Establishing companies in the Emirates

١٢ أبريل Establishing companies in the Emirates

Establishing companies in the Emirates. Getting a job in the Emirates is a big dream for many young people who seek to achieve their ambitions and dreams. It may be a difficult dream for some young people, but it has become an easy dream to achieve. Establishing companies in the Emirates has become one of the easy things that can be achieved, but After fulfilling the conditions that are set and must be adhered to, and establishing companies in the Emirates has some conditions and laws, like other countries, to guarantee rights and also to ensure the fulfillment of duties and adherence to the customs, customs and traditions of each region. The Emirates has begun to facilitate the process of establishing companies there and benefiting from the commercial process existing there. Whether in the free zone, in Dubai, or in the Jebel Ali region, this article will discuss the special aspects of establishing  companies in the Emirates .

Establishing

Establishing companies in the Emirates

Steps to establish a company in the Emirates

Establishing companies is not something that happens overnight, but it happens after a lot of consultations, ideas and experiences that the business owner is exposed to. However, if the one who came up with the idea of ​​​​establishing a company is a young man who is just starting out in life, he may need a lot of assistance, not only material, but also a lot of exchange of experiences. And dealing with many experts specialized in the field of establishing companies in the Emirates .

  • Establishing companies in the Emirates is not a difficult, routine matter, but rather just steps that must be followed along with some research studies and feasibility studies. The steps for establishing a company depend on the laws of the country in which the company will be established .
  • The steps for establishing a company depend largely on government and paper transactions, but the field of establishing companies in the Emirates makes some of the steps for establishing a company take place via the Internet.
  • First, an application is submitted online, which includes the name of the company and the type of field that will be practiced within the company, and the project is approved several days later.
  • After obtaining approval for establishing the company , which contributes to increasing and establishing companies in the Emirates, paperwork and government transactions begin.
  • Government transactions in the Emirates are not difficult, but all transactions are easy and convenient through the company establishment service in the Emirates .

Types of companies that can be established in the UAE

The United Arab Emirates is considered one of the most attractive investment destinations in the world, thanks to its advanced infrastructure, stable economic environment, and business-friendly laws. This unique combination contributes to attracting investors from all over the world to establish their companies in the Emirates and benefit from the broad opportunities provided by the local and regional market. There are multiple types of companies that can be established in the UAE, giving investors great flexibility to choose the most appropriate structure for their business according to their business needs and goals. Understanding the types of companies available and the conditions associated with each type can help investors make informed decisions that ensure the success and sustainability of their businesses. Types of companies that can be established in the UAE

  • Limited Liability Company (LLC): It is considered one of the most common types of companies in the Emirates, as it has high flexibility in management and financial structure. A limited liability company requires a minimum of 51% Emirati partner, while the percentage of foreign partners can be 49%. This company provides legal protection to shareholders as their liability is limited to their shares in the capital.
  • Public Joint Stock Company (PSC): This type of company requires many shareholders and its shares are traded on the financial market. A publicly traded company needs significant capital and can raise funding from the public by going public. Usually used in large projects that require huge investments.
  • Private Joint Stock Company (PJC): Similar to a public joint stock company but its shares are not offered for public subscription. Contributions are limited to a limited number of people or entities. A private joint-stock company has greater flexibility in management and control compared to a public joint-stock company.
  • Branch of a foreign company: Foreign companies can open a branch in the Emirates to conduct business. This type of company does not require a local partner, but a local service agent must be appointed. This option is suitable for companies that want to expand their operations without having to establish a completely new legal entity.
  • Free Zone Company: Free zones in the UAE allow the establishment of companies with full foreign ownership with additional benefits such as tax exemption and customs facilities. These areas provide advanced infrastructure and administrative support to startups. Some of the popular free zones include Dubai Internet City, Jebel Ali Free Zone, and Dubai International Financial Centre.
  • Sole proprietorship: This type of company is managed by a single individual who owns all the rights and obligations related to the business. A sole proprietorship is suitable for small businesses and self-employment, where the business owner can fully control the company and make all administrative decisions.

Conditions

Conditions for establishing a company in the Emirates

Conditions for establishing a company in the Emirates

Dubai, like other cities, stipulates the laws and regulations that govern all aspects of life, whether social, political, commercial, or other aspects. Therefore, in the field of establishing companies in the Emirates, there are conditions for establishing a company in Dubai .

  • In the field of establishing companies in the Emirates, the conditions are clear, especially when establishing a company in Dubai , and the conditions are that they are clear and easy. When the company begins its establishment, it must have a name that is circulating among the people, and this name is called the trade name, and the trade name is documented in government agencies so that it does not It is stolen, stolen, or transferred without the knowledge of the company owner.
  • After determining the trade name, the other condition for establishing a company in Dubai that is within the field of establishing companies in the Emirates is to determine the type of company and the type of company depends on the field that is the focus of the company’s attention, and the field is the goal that the company that is established in Dubai seeks to achieve.
  • Before determining and documenting the trade name, the business owner must determine the capital that will be available to serve the company that is established in Dubai. In the field of establishing companies in the Emirates, determining capital is one of the very important factors in the success of the company, and capital is not planned only in the space of establishing. The company only, but also as salaries for employees and other expenses that the company needs, and this is considered one of the most important conditions for establishing a company in Dubai , which will enter the field of establishing companies in the Emirates .
  • The capital may not be sufficient to complete the project and the company, so partners may be available who will also have a share in the company, and this share is based on agreements made between the parties and documented in the government so that there is no discrimination and problems related to the share of each individual partner.

Our company’s role in establishing companies in the Emirates

Establishing companies in the UAE is considered a vital strategic step for investors looking to achieve success in a dynamic and diverse economic environment. The UAE provides an ideal environment for business thanks to its advanced infrastructure, flexible legislation, and facilities that attract investors from all over the world. Establishing a company in the UAE gives investors the opportunity to benefit from the active local market and expand to regional and international markets. By establishing a company in the UAE, investors can enjoy a range of benefits such as tax exemptions, full ownership in free zones, access to a network of business partners and advanced logistics services.

Cooperating with Itqan Company in the process of establishing companies ensures that investors receive the professional and specialized support necessary to overcome legal and administrative challenges. Thanks to its extensive experience in the UAE market, Itqan provides integrated consultations covering all aspects of establishing companies, from preparing the necessary documents to dealing with relevant government agencies. Itqan Company provides customized solutions for each client based on their needs and business objectives, making it easier for investors to achieve full compliance with local laws and regulations.

In addition, Itqan Company supports investors in choosing the most appropriate type of company that is compatible with the nature of their business and their strategic goals, whether it is a limited liability company, a branch of a foreign company, or a company in a free zone. This specialized support helps investors focus on growing their business rather than being distracted by administrative and legal details

Establishing a company in the Emirates in cooperation with Itqan Company represents a smart investment that guarantees investors a strong and sustainable start in the Emirati market. By benefiting from the local expertise and professional support provided by Itqan, investors can focus on developing their business and achieving sustainable success. Itqan ensures that the company establishment process is smooth and efficient, enabling investors to take full advantage of the business opportunities available in the UAE and contribute to the economic growth of the region. Therefore, cooperation with Itqan is a strategic step that ensures success and excellence in the competitive business environment in the Emirates

Frequently asked questions about establishing companies in the UAE

What types of companies can be established in the UAE?

In the UAE, several types of companies can be established, such as: Limited Liability Company (LLC) Public Joint Stock Company (PSC) Private Joint Stock Company (PJC) Branch of a Foreign Company

What are the free zones in the UAE?

Free zones are special economic zones that provide benefits to companies such as full foreign ownership and tax exemptions. Some of the popular free zones include: Dubai International Financial Center (DIFC) Dubai Internet City (DIC) Jebel Ali Free Zone (JAFZA) Abu Dhabi Industrial City (ICAD)

What are the documents required to establish a company in the UAE?

Required documents may include: Passports of partners and shareholders Proof of residency Personal photographs Business plan A lease contract for the company’s office The company’s articles of incorporation and articles of association

What are the basic steps to establish a company in the UAE?

The basic steps include: Choosing the type of business activity Choosing the trade name and obtaining approval Determining the legal form of the company Submitting the required documents Obtaining the necessary approvals and permits

Can foreigners establish companies in the UAE?

Yes, foreigners can establish companies in the UAE. In free zones, they can own 100% of companies, while outside free zones, a national partner may be required to have 51% ownership.

What are the benefits of establishing a company in the UAE?

Benefits include: A stable and safe investment environment Tax and customs exemptions in free zones Advanced infrastructure Easy access to regional and international markets