The United Arab Emirates is considered one of the most prominent global destinations for establishing companies thanks to its thriving business environment, advanced infrastructure, and business-friendly policies. In this context, Itqan Company plays a vital role in facilitating the process of establishing companies in the Emirates, as it provides a set of integrated services that help entrepreneurs and investors achieve their business goals efficiently and smoothly.

Itqan, as a leading company in the field of company establishment services, provides comprehensive consultations starting from understanding market requirements until implementing registration and licensing procedures. Thanks to its extensive experience and deep knowledge of local laws and legislation, Itqan is able to provide customized solutions that suit the needs of each client, making it easier for startups to adapt to the dynamic business environment in the UAE.

Itqan services cover all aspects of establishing a company in the UAE , including preparing legal documents, submitting registration applications, and obtaining the necessary licenses. The company also provides support in choosing the appropriate legal structure for the business, negotiating with government agencies, and providing strategic advice to ensure compliance with local laws. Thanks to these integrated services, investors and entrepreneurs can focus on developing their business while you master the administrative and legal aspects.

By cooperating with Itqan, entrepreneurs and investors can benefit from a smooth and efficient experience in establishing their companies in the UAE. The company offers innovative solutions that support growth and success in the market, making it an ideal partner to achieve business ambitions in one of the fastest growing markets globally.

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

How to establish a company in the Emirates

To establish a company in the UAE , the following steps can be followed:

1. Choose the type of company: You can choose between many types of companies such as a sole proprietorship, a limited liability company, a partnership, a sole proprietorship without trade, and others.
2. Choosing a company name: You must choose a unique name for the company and ensure that it does not conflict with the names of existing companies.
3. Determine the location and address: The company’s main location and address in the Emirates must be specified.
4. Determine shareholders and responsibilities: The company’s shareholders must be identified and the responsibilities of each partner must be determined.
5. Preparing legal documents: The contracts and documents necessary to establish the company must be prepared.
6. Submitting documents and applications: The required documents and applications must be submitted to the relevant government agencies.
7. Obtaining the necessary licenses: After the approval of the concerned authorities, the necessary licenses must be obtained to practice the company’s activity.
8. Registering the company and obtaining the registration number: After all conditions are met, the company will be registered and obtain its registration number.
9. Opening a bank account for the company: A bank account must be opened in the name of the company and the necessary capital must be deposited.
10. Tax and insurance compliance: You must ensure that the company complies with all necessary taxes and insurance.

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

To establish a company in the UAE , there is a set of papers and documents that you need to submit, which vary slightly depending on the type of company and the free zone or mainland in which you choose to establish. In general, the required documents include:

• Passport: A certified color copy of the passport for all partners and directors.
• Residence visas: Copy of residence visas if the partners or directors are residents of the UAE.
• Personal photos: Recent personal photos of investors or partners.
• Letter of Approval: A letter from partners or directors appointing a director of the company and displaying the intention to establish the company.
• Articles of Association: A written form of the Articles of Association, which includes details of the company name, business activity, and headquarters addresses.
• Trade name authentication certificate: A certificate or document from the relevant authorities proving the registration of the company’s trade name.
• Lease Contract: A lease contract for the office or headquarters in which the company will conduct its activities. The contract must be certified by official authorities if you are registering in a free zone.
• Business Plan: A summary of the business plan that outlines the business activities and goals of the company.
• Identity documents: Identification documents for partners and managers such as a national ID card or driver’s license.
• Bank account details: Bank account details of the company if it has already started or a document from the bank proving the opening of a business account.
• Authorization certificates: Authorization certificates to appoint agents or managers if necessary.
• Special Permits: You may need special permits depending on the type of business, such as health or environmental permits.

Licenses required to establish a company in the Emirates

To establish a company in the UAE, you may need to obtain different licenses and approvals depending on the type of company and the activity you intend to engage in. Here are some of the basic licenses you may need when establishing a company in the UAE:

1. Company establishment license (Trade License): The company establishment license is the basic license that allows the company to practice its commercial activity in the Emirates.
2. Municipal License: Some types of businesses are required to obtain a license from the municipality to ensure compliance with local regulations.
3. Emirate Authority License: Some companies may need a license from the local Emirate Authority in the emirate in which they operate.
4. Economic Department License: In some cases, a license from the Economic Regulatory Authority is required to practice some commercial activities.
5. Professional License: If you work in a specific professional field such as medicine or engineering, you may need a special professional license.
6. Building Permits: If your company requires its own building, you may need building permits from the relevant authorities.
7. Advertising Permit License: If you intend to conduct advertising campaigns, you may need a license for this.
8. Special Professional Licenses: You may need special professional licenses if you work in certain fields such as medicine or pharmacy.

The cost of establishing a company in the Emirates

The cost of establishing a company in the Emirates may vary greatly depending on several factors such as the type of company, the activity it carries out, the number of partners, and the emirate in which you choose to establish the company. Here are some points to consider when calculating the cost of establishing a company in the UAE:

• Licensing and registration fees: These include fees paid to government agencies to obtain the necessary licenses and register the company.
• Necessary capital: You may need to determine capital for the company and deposit it in the company’s account to establish it.
• Fees for legal consultants and accountants: You may need to consult a lawyer or accountant to assist you in the company incorporation process, and this involves costs.
• Office and employee costs: If you need an office for your company and employees, you will have costs that include rent and employee salaries.
• Initial advertising and marketing costs: You may need to invest in initial advertising and marketing campaigns to attract your first customers.
• Annual license fees: Some companies need to pay an annual fee to renew their licenses.
• Construction and equipment costs (if necessary): If you need to build a company building or special equipment, you will have additional costs.

At the conclusion of our article about establishing companies in the Emirates in cooperation with Itqan Company, it becomes clear that the path towards establishing a successful business in this dynamic environment may be much easier thanks to the specialized support and deep experience provided by Itqan. Itqan offers a range of comprehensive services that include legal, administrative, and licensing consulting, allowing investors and entrepreneurs to focus on developing their ideas and projects without having to worry about complex procedural details.

By utilizing Itqan’s services, new companies can achieve significant facilitation in the incorporation process, including providing advice on choosing the best free zones, handling bureaucratic procedures efficiently, and ensuring full compliance with all local regulations and laws. This partnership allows clients to obtain customized solutions based on a deep understanding of the UAE market, enhancing opportunities for success and growth in a dynamic business environment.

The UAE is distinguished as a global business center thanks to its advanced infrastructure, encouraging economic environment, and the facilities it provides to companies. With Itqan’s support, establishing a company in this promising market becomes smoother and more effective, paving the way for entrepreneurs to achieve their business goals efficiently and professionally.

The most important frequently asked questions about establishing a company in the Emirates