How to Open a Company in Dubai Establishing a company in Dubai is an important strategic step that can open wide doors to business and investment opportunities in one of the most attractive markets for business in the world. Dubai is a global center for trade and innovation, and provides an advanced business environment characterized by its modern infrastructure, business-friendly policies, and encouraging tax incentives. As investors and entrepreneurs become more interested in establishing their companies in Dubai, knowing how to start this process becomes crucial.

In cooperation with Itqan Company, the process of opening a company can be simplified and make the most of the advantages that Dubai has to offer. Itqan Company provides integrated and professional consultations that help you in all stages of establishing your company, from choosing the appropriate type of legal entity, to submitting applications for licensing and registration. Itqan provides the necessary experience and support to facilitate legal procedures, ensuring that all requirements and variables that you may encounter during the incorporation process are met.

The process begins by determining the type of company you want to establish, whether it is a limited liability company, a joint stock company, or any other type that suits your business activity. After that, the required documents are submitted and appropriate applications are submitted to obtain the necessary licenses and permits from the competent authorities. Itqan ensures that every step is done in accordance with the latest local regulations and laws, which reduces challenges and saves you time and effort.

In short, cooperating with Itqan Company guarantees you a smooth and efficient experience in opening your company in Dubai, allowing you to focus on developing and growing your business in a supportive and prosperous business environment.

How to open a company in Dubai

Basic steps to open a company in Dubai

Opening a company in Dubai is an attractive option for many investors and businessmen seeking to benefit from the thriving business environment and vast investment opportunities offered by this global city. Establishing a company in Dubai is a strategic move that requires careful planning and a deep understanding of legal procedures and requirements. Dubai provides an encouraging business environment thanks to its advanced infrastructure, advanced legal systems, and the facilities it provides to the private sector. To successfully establish a company, it is necessary to follow specific steps to ensure compliance with all local regulations and make the most of the benefits available. Basic steps to open a company in Dubai

• Determine the type of company and commercial activity: You must first determine the type of company you wish to establish, whether it is a limited liability company, a joint stock company, or another type of company. The commercial activity that the company will undertake must also be determined, as this affects the type of license required and the location of the company.
• Location selection: Depending on the type of company and business activity, the appropriate location must be chosen to establish the company. You can choose between free zones, which offer tax benefits and special facilities, or non-free zones, which require a local partner.
• Preparing the required documents: Collecting and preparing the basic documents necessary to register the company. These documents include the passports of shareholders and directors, the lease contract for the company office, copies of professional certificates, and any other relevant documents.
• Submitting an application for licensing and registration: After collecting the documents, an application for obtaining a license and registration must be submitted to the competent authorities. This includes submitting all required documents and paying the necessary fees.
• Obtaining the necessary approvals: After submitting the application, the relevant authorities will review and approve the documents. It may be necessary to submit additional documents or complete specific procedures depending on the type of company and business activity.
• Furnishing the office and appointing employees: After obtaining the license, the office must be equipped with its supplies and the appropriate employees must be appointed. This requires verification that the office adheres to legal and professional standards.
• Opening a bank account: A business bank account must be opened in the name of the company to facilitate financial transactions and manage funds effectively.
• Compliance with Legal Requirements: Ensure compliance with all local laws and regulations, including registering for taxes, obtaining business permits, and complying with safety and health requirements.
• Starting commercial operations: After completing all the previous steps, you can start commercial operations and offer your services or products to the market.

Providing advisory support and advance planning can contribute significantly to accelerating the establishment process and ensuring the company’s success in the UAE market.

Types of companies that can be established in Dubai

Dubai, as one of the world’s leading business and investment destinations, offers a variety of company establishment options that suit different types of business activities and investment objectives. Dubai’s business environment offers great flexibility for investors and entrepreneurs, making it an attractive destination for establishing companies. The options available vary based on the type of business, location, and licensing requirements, allowing each type of business to take advantage of the unique advantages that Dubai has to offer. It is essential to choose the most appropriate type of company based on business objectives and market requirements to ensure success and sustainability. Types of companies that can be established in Dubai

• Limited Liability Company (LLC): An LLC is one of the most common types of companies in Dubai. In this type of company, the legal liability of shareholders is limited in proportion to their shares in the capital. Foreigners can own 49% of the company while the local partner or company must be the 51% owner. LLC companies are characterized by flexibility in business management and the possibility of working in various sectors.
• Private Joint Stock Company: In this type of company, the capital is divided into shares, and these shares cannot be sold to the public. It requires a certain number of founders, and a seed capital of no less than the minimum required must be available. These companies are suitable for large projects that require the participation of several investors.
• Branch company of a foreign company: Foreign companies can open branches in Dubai to practice their activities. The branch must be fully owned by the parent company and does not need a local partner. The branch has the same privileges as the parent company but requires specific registration in Dubai.
• Sole Proprietorship: A sole proprietorship is the ideal choice for individuals who want to start a business on their own. This type of company requires a single owner, who is fully responsible for all financial and legal aspects of the company. Sole proprietorships are suitable for small and medium businesses.
• Company in Free Zones: Dubai offers several free zones that provide tax incentives and special privileges for companies. Foreigners can own 100% of companies in these zones, which include areas such as Jebel Ali (JAFZA), Dubai Internet City and Dubai Healthcare City. Free zones provide a flexible business environment and simplify administrative procedures.
• Partnership: This type of company involves a partnership between two or more individuals or entities. There are two types of partnership: simple partnership and general partnership. In a simple partnership, the liability is limited while in a general partnership, the liability is unlimited.

Choosing the most appropriate type of company depends on the nature of the business activity, the number of shareholders, and market requirements. Checking all available options and consulting with professional advisors can help in making the right decision.

Our company’s role in opening a company in Dubai

Opening a company in Dubai represents a valuable opportunity to achieve success and growth in one of the most dynamic and attractive markets for business in the world. Taking advantage of the encouraging business environment that Dubai offers, you can exploit the many advantages that the region has to offer to establish a strong base for your business. By cooperating with Itqan Company, you can ensure that the incorporation process is carried out efficiently and smoothly, while benefiting from its extensive experience in this field.

Itqan Company provides full support by providing specialized consultation and assistance in all aspects of incorporation, including choosing the optimal legal structure, submitting applications for the necessary licenses and permits, and ensuring compliance with all legal requirements and local regulations. Itqan also provides the necessary guidance on the steps and procedures that must be followed, which contributes to accelerating the establishment process and reducing potential complications.

Thanks to the cooperation with Itqan, investors and entrepreneurs can focus on developing their business strategies and exploring growth opportunities in the promising Dubai market , while Itqan handles administrative and legal matters. Itqan’s deep experience guides you through every stage of establishing a company, helping you avoid common mistakes and ensuring your business complies with local laws and regulations.

Ultimately, the process of opening a company in Dubai with Itqan is an important strategic step towards achieving your business goals. Thanks to the integrated support and specialized guidance, you can start your business journey with confidence and reassurance, benefiting from all the advantages that Dubai offers as a leading investment destination.

Frequently asked questions about opening a company in Dubai