Establishing an organization in Dubai is a strategic step that seeks to achieve many of the benefits and advantages offered by this leading emirate in the field of business and investment. Dubai, thanks to its strategic geographical location, rapid economic development, and advanced infrastructure, has become an ideal destination for entrepreneurs and investors from around the world. Setting up a corporation in Dubai can be a challenge that requires a thorough knowledge of local laws and regulations, as well as registration procedures and legal requirements. Hence comes the role of Itqan Company, which provides integrated consulting services that facilitate the process of establishing institutions in Dubai and ensure full compliance with all local laws and regulations. Establishing an organization in Dubai provides broad opportunities to access local, regional and international markets, thanks to the encouraging investment environment and continued government support for businesses and investors.

The process of opening an establishment in Dubai includes several basic steps, including choosing a trade name, determining the type of business activity, preparing the required legal documents, and obtaining the necessary licenses from the competent authorities. This process can be complex and full of challenges, but with the specialized support of Itqan Company, these challenges can be overcome easily and effectively. Itqan Company provides a range of consulting services that include strategic planning, legal preparation, and administrative support, ensuring the establishment of the institution smoothly and successfully. By cooperating with Itqan Company, investors can focus on developing their business and achieving their strategic goals while the company handles all administrative and organizational aspects. Establishing an organization in Dubai represents an opportunity to benefit from a dynamic and innovative business environment, access a wide range of customers and markets, and achieve sustainable growth and commercial success. Choosing Dubai as a business establishment center is a wise investment for the future, as it combines economic stability, advanced infrastructure and continuous government support, making it one of the best investment destinations in the world.

Opening an establishment in Dubai

Basic steps to open an establishment in Dubai

Dubai, one of the most important economic and commercial centers in the world, is an attractive destination for companies and institutions wishing to invest and grow. If you are planning to open a corporation in this emirate, knowing the basic steps for establishing a company is crucial. In this article, we will give you the main steps needed to open a foundation in Dubai . Basic steps to open an establishment in Dubai :

• Choosing the legal structure of the organization: Start by determining the legal form of the organization, whether it is a limited liability company (LLC) or a branch of a foreign company or other. Each form has its own foundational requirements.
• Obtaining a commercial license: You must obtain a commercial license from the Department of Economic Development in Dubai. This license will determine the type of activity that the institution will practice.
• Choosing the location of the institution: The appropriate location must be chosen to conduct the business activity. This will affect the fees and licenses needed.
• Obtaining the required approvals: Depending on the nature of the organization’s activity, there may be additional approvals required from the relevant government authorities.
• Insurance and human resources: The organization must obtain the necessary insurance and employ qualified employees, while adhering to the labor and nationalization laws in the Emirates.
• Opening a bank account: Opening a bank account for the organization in one of the local banks in Dubai is necessary to manage financial operations.

Coordinating with the relevant government agencies and submitting the required documents are the basic steps for the success of the process of opening an institution in Dubai. Be sure to use legal and financial experts to ensure full compliance with laws and regulations.

Licenses required to open an establishment in Dubai

Dubai, the preferred investment destination for many global companies and institutions, offers a developed business and favorable regulatory environment. To open an establishment in this emirate, there are a set of basic licenses that must be obtained. In this article, we will review the most important licenses required to establish an organization in Dubai. Licenses required to open an establishment in Dubai:

Commercial License:

• This basic license is issued by the Department of Economic Development in Dubai.
• Determines the type of activity that the institution will engage in.
• It requires the submission of certain documents such as the company’s articles of incorporation and articles of association.

Economic Activities License:

• This license is also issued by the Department of Economic Development.
• Determines the economic activities that the enterprise will practice.
• Some activities may require additional approvals from other parties.

Foreign Direct Investment License:

• If the enterprise is wholly or partly owned by a foreign investor, such a license must be obtained.
• This license is issued by the Dubai Investment Authority.

Some activities may require additional licenses such as a health and safety license or environmental license.
These licenses are obtained from the competent government authorities.
Obtaining these basic licenses is the necessary first step to opening an establishment in Dubai. You must take into account the requirements of each license and submit the necessary documents to obtain it. Using legal and financial experts is important to ensure full compliance with applicable laws and regulations.

Documents required to open an establishment in Dubai

Documents required to open an establishment in Dubai

Dubai, the leading financial and commercial center in the Middle East, attracts many investors and companies wishing to establish new institutions in this emirate. In order to obtain the necessary approvals to open an institution in Dubai, there are a set of basic documents that must be submitted. In this article, we will discuss the most important documents required to establish an organization in Dubai. Documents required to open an establishment in Dubai:

Memorandum of Association and Articles of Association:

• Document of the establishment contract of the institution or company.
• The statute that regulates the work of the institution.
• These documents must be certified by the competent authorities.

Identity of the owner or partners:

• Copies of passports or ID cards of the owner or partners.
• If the investor is a foreigner, a foreign investment license must be obtained.

workplan:

• A detailed document explaining the business idea, goals and strategies.
• Includes financial, marketing and operational information for the organization.

Certificates of qualifications and experience:

• Copies of certificates of educational qualifications and practical experiences of the owner or partners.
• These documents support the organization’s ability to work in the proposed field.

Some activities may require additional documentation such as health or environmental licenses.
You must ensure that all requirements specified by the competent government authorities are met.
Submitting these basic documents in an accurate and organized manner is crucial to ensuring that you obtain the necessary approvals to open an establishment in Dubai. It is also recommended to consult legal and financial experts to ensure full compliance with applicable laws and regulations.

Learn about an institution in Dubai

Establishing an organization in Dubai represents a wonderful investment opportunity that opens new horizons for investors and entrepreneurs thanks to the attractive investment environment and advanced infrastructure that the emirate enjoys. Cooperating with Itqan Company in this field is a strategic step that ensures the facilitation and simplification of all procedures required to start work legally and effectively. Through its extensive experience and deep knowledge of local regulations and laws, Itqan helps guide investors through every step of establishing an enterprise, from choosing the appropriate trade name to obtaining the necessary licenses.

The comprehensive support provided by Itqan is not only limited to legal and administrative procedures, but also extends to providing strategic consulting, financial and marketing planning, which helps new enterprises achieve success and growth in the dynamic Dubai market. Thanks to Dubai’s flexible and supportive business environment, new enterprises can access a wide range of business opportunities and benefit from many competitive advantages that the emirate offers, such as tax exemptions, ease of transferring funds, and the ability to fully own businesses in free zones.

Cooperation with Itqan Company allows investors to focus on growing their business and developing their products and services, while the company undertakes all administrative and organizational aspects. This integrated support saves time and effort and ensures full compliance with local laws, which contributes to building a strong and sustainable base for the organization. The practical experience and deep knowledge that Itqan Company possesses enables it to provide innovative and effective solutions to the challenges that may face new enterprises in a competitive market such as Dubai.

In conclusion, it can be said that opening an institution in Dubai in cooperation with Itqan Company represents a strategic step to achieve success and prosperity in an advanced and supportive investment environment. Thanks to the comprehensive support and specialized services provided by Itqan, new enterprises can make the most of the available opportunities and overcome potential challenges easily and efficiently. This cooperation contributes to achieving investors’ vision and ambitions, ensuring sustainable growth and success in one of the most vibrant and developed markets in the world.

Frequently asked questions about an organization in Dubai