One Central – Offices No. 4 Dubai | Office: +971 45686046
ITQAN is a company that specializes in business setup and business growth

Best company formation company in Dubai

Conditions for opening a company in the Emirates

٢٥ مارس Best company formation company in Dubai

Best Company Formation in Dubai, Dubai is one of the most attractive destinations for businesses and investors worldwide, providing a flexible and advanced business environment that supports entrepreneurship and economic growth. Establishing a company in Dubai is a strategic step for foreign investors looking to expand their businesses in a thriving global market. To achieve this goal successfully, choosing the right company that helps facilitate and guide all legal and administrative procedures is key. In this context, Itqan is one of the best companies that provide company formation services in Dubai, as it enjoys an excellent reputation in the market thanks to its extensive experience and deep knowledge of local laws and global trends.

Best company formation company in Dubai
Best company formation company in Dubai

Itqan has a specialized team of consultants who help investors make the right decisions during the company formation process, starting from choosing the most appropriate type of company according to the nature of the business activity to completing all the necessary procedures to obtain licenses. Itqan provides distinguished services in supporting company formation in Dubai, and works to simplify processes and provide innovative and effective solutions for investors. It also fully understands the importance of time for investors, and works to expedite procedures to deliver new companies as quickly as possible.

By choosing Itqan Company, establishing companies in Dubai, investors can enjoy all the advantages that Dubai offers in terms of legal facilities, business opportunities, and attractive economic incentives, making the process of establishing companies in Dubai smoother and more successful.

Licenses required to establish a company in Dubai

Dubai business licenses are one of the most attractive destinations for investment and business in the Middle East, due to the advanced business environment and the multiple opportunities it offers. To obtain a license to establish a company in Dubai, investors must follow specific legal procedures to ensure compliance with local requirements. The licenses that investors need in Dubai depend on the type of business activity and the location of the company. In general, there are a variety of business licenses that allow investors to practice business in Dubai, whether they wish to establish companies within free zones or in traditional business areas.

Types of business licenses in Dubai include the following:

Commercial license: This license is granted for commercial activities that include wholesale or retail. This license usually requires the presence of an Emirati partner in companies operating in non-free zones.
Industrial License: This license is for companies that operate in industrial activities, such as manufacturing or production. This type of license requires industrial equipment and tools according to specified standards.
Professional License: This license is granted to investors who wish to provide professional services such as law, consulting, and design. The professional license may require special documents proving the competence of those qualified to work in these fields.
Tourism License: This license is granted to businesses related to the tourism sector such as hotels, tourism companies, and event organization. It also includes activities related to tours and entertainment activities.
Knowledge License: This license is related to companies that deal with technical and knowledge activities, such as programming, information technology, and innovation.
Free Zone License: This license allows investors to establish companies with full foreign ownership without the need for a local partner, and is characterized by great facilities such as tax exemption and flexibility in operating activities.
To ensure success when establishing a company in Dubai, investors are advised to cooperate with companies specialized in company formation services such as “Itqan” to guide them through the complex process and legal requirements to obtain the appropriate license for their business activity.

Documents required to establish a company in Dubai

Establishing a company in Dubai is an important strategic step for any investor seeking to enter the local and international market in one of the most prominent commercial cities in the world. Dubai provides a stimulating environment for businesses by facilitating the procedures for establishing companies, as it provides a variety of options for free zones and commercial areas that suit all types of businesses. In order to ensure compliance with local laws and facilitate procedures, investors must prepare a set of necessary documents. These documents are an essential part of the company establishment process and help in obtaining the necessary licenses from local authorities.

Documents required to establish a company in Dubai:

Incorporation application: This is a form that the investor fills out when starting the establishment procedures. It includes basic information about the company, such as its name and type of business activity.

Passport: A copy of the passport for the founders, managers and investors. The copy must be valid.
Personal photos: Recent personal photos of the founders and managers.
Unified contract: In the event of a local partner, a unified contract must be submitted detailing the details of the partnership with the local partner.
Company address: The place of work or company address in Dubai must be specified, whether in an independent office or in a free zone.
Business Plan: A detailed business plan that outlines the type of business activity, target market, business strategy, and financial projections.
Initial Approval: In some cases, initial approval is required from relevant authorities such as the Department of Economic Development or Dubai Free Zones.
Determining Business Activities: The business activities that will be carried out by the company must be determined, in accordance with the required license.
Legal Power of Attorney: If a lawyer or legal advisor is appointed, an official power of attorney must be submitted.
Government Approval: In some cases, additional approvals may be required from specific bodies such as Dubai Municipality or the Ministry of Economy.
Preparing these documents carefully and following the appropriate legal procedures will make it easier for the investor to establish his company in Dubai easily and smoothly. It is advisable to seek the help of specialized consulting companies such as “Itqan”, which provides comprehensive services to support investors in all stages of establishment.

Procedures required to establish a company in Dubai

Establishing a company in Dubai is one of the most important decisions that any investor wishing to enter the global commercial market can make. Dubai offers a flexible and sophisticated business environment thanks to its modern infrastructure, advanced laws, and multiple options for commercial licenses and free zones. This diversity and development attracts investors from all over the world looking to set up their projects in this global city that is a gateway to business in the Middle East. However, in order to establish a company in Dubai, investors must follow precise steps and procedures to ensure compliance with all local regulations and the success of the company’s establishment. These procedures include submitting the required documents, choosing the type of business activity, determining the appropriate location, and obtaining the necessary licenses from the relevant authorities.

Procedures required to establish a company in Dubai:

Choosing the type of business activity: The first step in the process of establishing a company is to determine the type of business activity you wish to practice. Based on the activity, the appropriate license is chosen, such as a commercial, industrial, or tourism license.

Choosing the company structure: The investor must choose the appropriate legal structure for his company, such as limited liability companies (LLC), joint stock companies, or sole proprietorships.

Choosing the location: Choosing the optimal location for the company in Dubai is a crucial step. This location can be within a free zone, a specific commercial zone, or even within the land area.
Submitting the required documents: Basic documents such as passports, personal photos, and the company’s articles of association are submitted for review by government agencies.
Obtaining initial approval: Initial approval must be obtained from the Department of Economic Development (DED) or the relevant free zone under which the company will be supervised.
Registration and licensing: After completing the previous steps, the final registration application is submitted and the required trade license is obtained from the Department of Economic Development or the relevant authorities.
Opening a bank account: Once the license is obtained, a bank account must be opened in the company’s name in a local bank to complete financial transactions.
Recruitment and completing legal procedures: After incorporation, employees must be hired and registered with government agencies such as social insurance.
By following these step-by-step procedures, investors will be able to establish their company in Dubai legally and smoothly. Also, seeking the consulting services of a specialized company such as “Itqan” can greatly facilitate the process and ensure full compliance with local laws.

Our company’s role in establishing companies in Dubai

In conclusion, it can be said that choosing the right company to establish a business in Dubai is one of the important decisions that determine the success of your investment in this thriving global market. It is one of the leading companies that provide integrated services in the field of establishing companies in Dubai, as it is distinguished by its ability to facilitate all legal and administrative procedures for foreign and local investors. Its extensive experience in the UAE market and the skills of its specialized team provide clients with a distinguished service that contributes to ensuring the success and growth of their businesses.

It has a deep understanding of all the legal and economic requirements that emerging companies need, which helps guide clients towards making the most appropriate decisions that suit the nature of their business and future ambitions. The company provides flexible and fast solutions that are in line with the needs of investors, whether in choosing the most appropriate commercial licenses or providing continuous support to complete procedures quickly and efficiently. With the distinguished business environment that Dubai provides to investors in terms of strategic location, commercial opportunities, and expansion incentives, it can be said that Itqan is a reliable partner in the journey of establishing businesses in this emirate that opens its doors wide to commercial opportunities. By cooperating with Itqan Company, investors can obtain innovative and effective solutions that contribute to accelerating the process of establishing their companies and achieving the desired success in the UAE market.

Frequently asked questions about establishing companies in Dubai

What are the types of companies that can be established in Dubai?
Several types of companies can be established in Dubai, including companies wholly owned by foreigners in free zones, limited liability companies, joint stock companies, and sole proprietorships.

What are the licenses required to establish a company in Dubai?
The required licenses vary according to the type of company and commercial activity, as they include general or private commercial licenses, industrial or professional licenses, with adherence to the legal requirements specific to each type.

Can foreigners establish a company in Dubai?
Yes, foreigners can establish a company in Dubai, whether in free zones or through partnerships with Emirati citizens in commercial companies located outside the free zones.

What are the documents required to establish a company in Dubai?
The required documents usually include a passport, residence visas (if applicable), a lease contract, an incorporation agreement, and documents related to the proposed business activity.

Are there tax incentives for establishing a company in Dubai?
Yes, Dubai offers many tax incentives such as income tax exemption for companies and individuals, as well as exemptions from some customs duties in free zones.

What are the procedures required to establish a company in Dubai?
The procedures include determining the type of company, choosing a trade name, determining the business activity, preparing the required documents, submitting the application to the relevant government authorities, and finally obtaining the necessary licenses.