Open a company in Dubai. Dubai is one of the most prominent global destinations for business and investment, as it combines a unique strategic location, advanced infrastructure, and a legal and regulatory environment that supports economic growth. Opening a company in Dubai is a strategic step for any investor who wants to take advantage of the opportunities available in the regional and global market. Dubai provides a flexible work environment full of facilities that make the process of establishing companies easy and efficient. With the increasing demand for investment in Dubai, opening a company there has become an attractive option for business owners from all over the world, due to the many advantages that the emirate offers to investors.

Collaborating with Itqan Company in establishing a company in Dubai adds a dimension of local experience and knowledge that is essential to ensure the success of the operation. Itqan Company has extensive experience in helping investors establish their companies in Dubai, providing them with the necessary guidance at all stages of the process, from choosing the appropriate type of company through obtaining the necessary licenses to starting operational operations. This experience helps investors avoid potential obstacles and make the most of available opportunities.

Dubai is distinguished by offering a variety of options for companies, whether small, medium or large. Investors can choose between establishing a company in free zones that provide tax benefits and customs facilities, or establishing a company in non-free zones that provide direct access to the local market. The flexibility in the options available enhances Dubai’s attractiveness as a business center, and makes establishing a company there a deliberate step that opens up broad horizons for growth and expansion.

In cooperation with Itqan Company, investors can achieve their goals smoothly and confidently, benefit from Dubai’s thriving investment environment, and enjoy all the advantages that this global city offers.

Open a company in Dubai

Types of companies that can be established in Dubai

Dubai is considered one of the most attractive destinations for investors and businessmen from all over the world, as it has advanced infrastructure, a stimulating business environment, and flexible legislation that facilitates the process of establishing companies of various types. Dubai is distinguished by providing many options for individuals and companies wishing to invest and establish businesses there, allowing them to benefit from continuous economic growth and promising opportunities in the local and international market. Dubai offers a variety of types of companies that can be established, suiting investors’ needs and business goals. Foreign and local investors can choose the type of company that meets their aspirations in terms of market expansion, benefiting from tax benefits, or even international expansion. The types of companies available in Dubai vary based on the size of the business, the type of business activity, and the geographical location of the company, whether it is within the city or in one of the free zones. Therefore, it is necessary to understand the options available and the legislation associated with each type of company to ensure that you make the best decision when establishing a company in Dubai . Types of companies that can be established in Dubai

• Limited Liability Company (LLC): This type of company is the most common in Dubai, as it allows investors to enjoy multiple benefits, such as flexibility in distributing profits and the possibility of sharing capital with local partners.
• Public Joint Stock Company (PJSC): Suitable for large companies that want to raise capital by offering their shares for public subscription. This type of company requires a large capital and a number of founders.
• Private Joint Stock Company (PrJSC): This type of company is suitable for large companies that do not wish to offer their shares for public subscription, with the possibility of raising capital from a limited number of investors.
• Branch of a foreign company: This type of company allows foreign institutions to open branches in Dubai without the need for a local partner, provided that the parent company is responsible for the branch’s obligations.
• Sole Proprietorship: Individuals can establish a sole proprietorship in Dubai to officially represent their business activity, where the owner of the establishment is fully responsible for debts and obligations.
• Free Zone Company: Suitable for companies that want to take advantage of the benefits provided by free zones in Dubai, such as full foreign ownership and tax exemptions.
• Partnership: Two or more investors can establish a partnership company in Dubai, where the partners share responsibilities and profits according to the partnership agreement.

Choosing the appropriate type of company depends on the investors’ goals, the nature of their business, and their financial and legal requirements. Dubai provides a flexible and diverse environment that suits the needs of all types of businesses.

Basic steps to open a company in Dubai

Basic steps to open a company in Dubai

Dubai is one of the most prominent global destinations for business and trade, providing a dynamic and diverse economic environment that attracts investors from around the world. Thanks to its strategic location between East and West, advanced infrastructure, and favorable legislation, Dubai has become a major center for business establishment and investments. Whether you are an ambitious entrepreneur looking to start a small business or an international investor wanting to expand your business, Dubai offers a wide range of business opportunities. However, the process of setting up a company in Dubai requires following a set of basic steps to ensure compliance with local laws and achieve success in this competitive market. Establishing a company in Dubai requires a thorough understanding of the legal and regulatory procedures, as well as knowledge of the required documents and associated costs. In this introduction, we will briefly review the factors that make Dubai a preferred destination for establishing a business, before addressing the basic steps that must be followed to open a successful company in this global city. Basic steps to open a company in Dubai

• Defining the business activity: The first step begins by determining the type of business activity you intend to engage in. Dubai offers a wide range of business activities to choose from, from trade and services to industry and technology.
• Choosing the legal structure: The investor must choose the appropriate legal structure for his company. Options include limited liability company (LLC), sole proprietorship, branch of a foreign company, partnership, and others.
• Determine the trade name: The company must choose a trade name that is compatible with the proposed business activity. This name must be unique and not similar to the names of other companies registered in Dubai.
• Applying for a license: After choosing the business activity and legal structure, you must apply for a commercial license from the competent authority, whether it is the Department of Economic Development or the free zone in which you wish to establish the company.
• Preparing legal documents: This step includes preparing the required legal documents, such as the company’s articles of incorporation and articles of association, as well as preparing personal documents for shareholders and managers.
• Choosing a business location: The company must choose a suitable location to conduct business activity, whether it is in the free zone or in Dubai. A business site lease must be submitted as part of the licensing requirements.
• Opening a bank account: After obtaining the commercial license, the company must open a commercial bank account in one of the local banks in Dubai to manage funds and financial transactions.
• Registration in the Value Added Tax (VAT) system: If the company is engaged in a business activity that requires VAT registration, a registration application must be submitted to the Federal Tax Authority.
• Recruitment and labor: After completing the basic procedures, the company can begin recruiting employees and bringing in the necessary labor in accordance with local laws.

Compliance with ongoing legal requirements: The company must comply with ongoing legal requirements, such as renewing licenses, paying taxes, and submitting annual reports.

Our company’s role in opening a company in Dubai

At the conclusion of this journey towards opening a company in Dubai in cooperation with Itqan Company, it can be said that Dubai offers an ideal environment for investors from all over the world. It offers advanced infrastructure, flexible laws, and limitless opportunities for growth and prosperity. Dubai is not only a global business hub but also a gateway to regional and international markets making it the perfect choice for any businessman looking for success. Establishing a company in Dubai gives you access to a diverse and stable economy with many thriving sectors that allow you to achieve your goals and expand your business with ease.

Cooperating with Itqan Company in this process adds great value, as the company provides its deep experience and extensive knowledge of local procedures and laws, which ensures that your company is established in a correct and effective manner. With Itqan, you will receive the necessary guidance and support at every step from planning to implementation, allowing you to focus on growing your business and achieving sustainable success. This cooperation removes the burden of bureaucratic procedures from you and helps you avoid the obstacles you may face when entering a new market such as Dubai.

Opening a company in Dubai is an investment in the future and a way to achieve your ambitions on a global level. Through this cooperation with Itqan Company, you can benefit from the great opportunities that Dubai provides and move forward towards achieving your business goals. Dubai is not just a city, it is a global center for business and trade, and with Itqan you will have all the tools and knowledge necessary to succeed in this thriving market. In the end, opening a company in Dubai remains a strategic step that can change the course of your business and open new horizons for you to become part of this dynamic and diverse business community.

Frequently asked questions about opening a company in Dubai