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Advantages of opening a commercial register in Dubai

٠٤ يناير Advantages of opening a commercial register in Dubai

Opening a commercial registry in Dubai is a strategic and crucial step for any entrepreneur who wants to take advantage of the business opportunities available in this thriving global city. In cooperation with Itqan Company, applicants can benefit from many features and benefits that make this step easier and more successful.

One of the main advantages of cooperation with Itqan Company is their extensive experience in the field of business management and consulting. Their highly qualified and trained team has the ability to guide new applicants through the process of opening a business register and provide professional advice on suitable business activity and the necessary steps for registration.

In addition, they cooperate with the relevant authorities in Dubai and undertake coordination with them, including submitting the necessary documents and applications. This saves a lot of time and effort for providers and ensures that procedures are carried out correctly in accordance with legal requirements.

Itqan also provides ongoing support throughout and after the commercial registration opening process. They can help prepare business plans, analyze the market and provide financial and tax advice. With their deep experience in the Dubai market, they can also guide presenters on potential opportunities and challenges and develop strategies to address them.

Another important aspect is their support in banking and financial operations. They can provide support and advice on appropriate bank accounts and financial operations for the new company.

In short, opening a commercial register in Dubai in cooperation with Itqan Company gives applicants the opportunity to benefit from their experience and deep knowledge in the field of business and the local market. They provide comprehensive support and professional advice to ensure the success and growth of the new company in this thriving economic environment.

Advantages

The main advantages of opening a commercial register in Dubai

There are several key advantages to opening a commercial registry in Dubai . Here are some of these advantages:

  • Strategic location: Dubai is considered one of the most important economic and commercial centers in the world. It is located on a lively waterfront and is a center for global trade and investment. Thanks to its prime location, business owners have access to a global market and a wide client network.
  • Encouraging business environment: Dubai enjoys a favorable and encouraging business environment characterized by political and economic stability, modern and flexible legislation, and simple registration and licensing procedures. Entrepreneurs have great freedom to carry out and expand their business activities.
  • Advanced Infrastructure: Dubai is characterized by a modern and advanced infrastructure, with high-quality facilities and services. Fully-equipped offices and business centers are available, as well as advanced communications and efficient transportation, world-class airports and cutting-edge seaports.
  • Diversified Economy: Dubai’s economy is characterized by its diversity, as there are wide opportunities in various fields such as tourism, retail, real estate, technology, finance, and professional services. Providers can exploit this diversity to succeed and diversify their business.
  • Financial freedom: Dubai is characterized by a convenient tax system, as there are no taxes on personal income and corporate profits for many sectors. This allows businesses to achieve good financial returns and improve financial linkages.
  • Access to professionals: Dubai is culturally diverse and employs a diverse group of skilled professionals and employees. Business owners can benefit from a qualified and multilingual workforce to achieve their business goals.

In short, opening a commercial registry in Dubai allows applicants to benefit from unique and comprehensive advantages in an encouraging and evolving business environment, with ample opportunities to grow and prosper in a global market. Cooperating with Itqan Company is a strategic step as it can provide support and professional advice to applicants throughout the process of opening the commercial register and beyond, including guidance in choosing the appropriate business activity, providing financial and tax advice, and facilitating banking and financial operations. In addition, they provide support in coordinating with the relevant authorities and providing the necessary documents, which facilitates and speeds up the registration process. Thanks to these advantages, opening a commercial register in Dubai in cooperation with Itqan Company can be a successful and fruitful start to any business project.

Facilities offered by Dubai to startups

Dubai offers a number of facilities and support for startups. Here are some key facilities:

  • Free Zones: There are many free zones in Dubai designated for startup companies. These areas provide a favorable business environment and facilitate the process of establishing and operating companies. Companies in free zones enjoy many advantages such as 100% foreign investment, exemption from customs duties, no restrictions on transferring profits, and the availability of advanced infrastructure and supporting services.
  • Entrepreneurship Residency Visa: Dubai provides an Entrepreneur Visa for startups. This visa allows founders and general managers of startups to obtain residency for a period of up to 5 years, making it easier to manage and grow their business sustainably.
  • Financial and investment support: There are many financial institutions and investors in Dubai who want to support startups. The government and financial bodies provide financing and financial support programs for promising projects, including low-interest loans and capital allocated to entrepreneurship.
  • Incubation and acceleration: Dubai provides many incubation centers and acceleration programs for startups. These centers provide co-working spaces, training and development, career advice, and networking opportunities with experts and other entrepreneurs.
  • Government support: The Dubai government provides comprehensive support to startups by simplifying administrative and registration procedures, facilitating licenses, providing government services online (smart government), and providing advice and support in areas such as legislation, taxes, and intellectual property.

These are some of the facilities that Dubai offers to startups. These facilities can vary according to the type of company and its individual requirements. It is recommended to contact local support institutions in Dubai, such as Dubai Economic Development (DED) and Dubai Innovation Hub, to obtain updated and detailed information about the facilities available to startups in Dubai.

Legal

Legal and regulatory advantages of opening a commercial register in Dubai

Legal and regulatory advantages of opening a commercial register in Dubai

Opening a commercial register in Dubai provides many legal and regulatory advantages. Here are some key advantages:

  • Advanced legal structure: Dubai has an advanced and reliable legal system. Business in Dubai is regulated under clear and transparent laws and regulations, which helps provide a stable and safe business environment.
  • Ease of registration: Companies are registered in Dubai through the Dubai Corporation for Economic Development (DED), which is the body responsible for regulating commercial activities in the Emirate of Dubai. DED provides simple and accessible procedures for registering and renewing new companies, which contributes to accelerating the company establishment process.
  • Choosing the appropriate legal body: Opening a commercial register in Dubai allows you to choose the appropriate legal body for your business. You can choose between limited liability companies, partnerships, sole proprietorships, financial institutions, free zones, and other available legal bodies.
  • Freedom of foreign ownership: Dubai allows freedom of foreign ownership in many economic sectors. Foreign investors can own and control a significant percentage or even 100% of their owned companies in Dubai, enhancing the city’s attractiveness as a destination for foreign investment.
  • Low Taxes: Dubai is considered a region with a low tax system. Dubai does not impose taxes on personal or corporate income, except for some specific sectors such as oil and gas and banking. This gives companies registered in Dubai significant tax benefits and contributes to increasing their profitability.
  • Free and Diversified Market: Dubai offers a free and diverse market for businesses. Startups can take advantage of business opportunities available in various sectors such as real estate, hospitality, retail, technology, finance, and others.

These are some of the legal and regulatory advantages of opening a commercial registry in Dubai. It should be noted that it is important to obtain local legal advice and familiarize yourself with the exact requirements and procedures required to open a commercial registration in Dubai , as these requirements can vary depending on the type of company and business activity chosen.

Administrative services available to companies in Dubai

Dubai provides a wide range of administrative services to companies. Here are some of the main services available in Dubai:

  • Company Registration: This service includes company registration procedures and issuing the necessary licenses. The registration process is organized by the Dubai Corporation for Economic Development (DED), and includes procedures such as determining the type of company, documentation and submitting the required documents.
  • License Renewal: Companies in Dubai are required to renew their licenses regularly, in order to maintain the integrity and viability of the business. Companies must complete license renewal procedures and pay the required fees on time.
  • Work Permits: Companies in Dubai are allowed to employ local and foreign workers, but this requires obtaining the necessary work permits. This service includes procedures such as submitting permit applications, submitting required documents, and paying related fees.
  • Finance and Accounting: Finance and accounting management services are available in Dubai, including maintaining financial records, preparing financial and tax reports, and managing salaries and salaries.
  • Legal Services: Companies can obtain legal support through law firms and legal consultations available in Dubai. Legal services include contract preparation, dispute resolution, and general legal advice.
  • Logistics and Shipping: Dubai provides advanced logistics and shipping infrastructure, facilitating the management of supply chains, import and export for companies.
  • Marketing and Advertising Services: Dubai offers great marketing and advertising opportunities, including access to local, regional and global markets. Businesses can benefit from digital marketing, promotion and public relations services.

Learn about the advantages of opening a commercial register in Dubai

Opening a commercial registry in Dubai in cooperation with Itqan Company provides a variety of advantages for investors wishing to enter the international business market. Dubai is one of the most attractive cities for business in the world, offering a sophisticated and conducive business environment for startups and large enterprises alike.

One of the notable advantages of opening a commercial registry in Dubai is the well-developed legal and strong regulatory structure. There is a transparent and reliable legal system that facilitates the process of establishing and operating companies effectively. In addition, Itqan provides the necessary legal expertise and guidance to investors to ensure compliance with local laws and regulations.

Opening a commercial register in Dubai allows investors to benefit from a free and diverse market that provides multiple investment opportunities in many sectors. Companies can expand their operations and access a wide network of customers and business partners in the region and around the world.

Companies in Dubai enjoy freedom of foreign ownership, which means foreign investors can own and control their companies up to 100%. This provides flexibility and confidence to investors in implementing their strategic vision and making appropriate business decisions.

In addition, Dubai offers a low tax environment, as it generally does not impose taxes on personal or corporate income. This contributes to increasing profitability and enhancing competitiveness for companies registered in Dubai.

By partnering with Itqan Company, investors can benefit from expertise and specialized advice in the field of business management and strategic guidance. The company provides comprehensive services including registration, licensing, accounting, taxes, etc., making it easier for investors to successfully implement their vision.

In short, opening a commercial registry in Dubai in cooperation with Itqan Company provides great opportunities for investors to benefit from the thriving business environment in Dubai. This choice is characterized by a developed legal structure, a free and diversified market, freedom of foreign ownership, and a low tax environment. In addition, Itqan Company provides the necessary support and advice to investors to facilitate and accelerate the process of establishing and operating companies.

By choosing to open a commercial registry in Dubai and cooperating with Itqan Company, investors can benefit from the great opportunities available in this global market and grow their business successfully. Dubai is a gateway for international business and a hub for innovation and trade, providing a wide range of administrative services and facilities to support business growth.

Frequently asked questions about the advantages of opening a commercial register in Dubai

What are the main advantages of opening a commercial registry in Dubai?

  • Advanced Infrastructure: Dubai has world-class infrastructure, including modern airports and ports and an advanced road network.
  • Strategic location: Dubai is located in a strategic location linking Asia, Africa and Europe, making it a global commercial center.
  • Tax breaks: Companies in Dubai enjoy attractive tax breaks, including no personal income tax and corporate tax in most free zones.
  • Stimulating business environment: Dubai offers an encouraging business environment with government policies supportive of investment and ease of doing business.
  • Security and Stability: Dubai is considered one of the safest and politically stable cities in the region, creating a stable environment for business.

How do free zones in Dubai contribute to enhancing the advantages of opening a commercial register?

  • Full Foreign Ownership: Dubai free zones offer the possibility of 100% foreign ownership of companies.
  • Tax breaks: Free zones offer tax breaks on personal and corporate income for up to 50 years.
  • Ease of establishment and registration: Procedures for establishing and registering companies in free zones are faster and simpler compared to other regions.
  • Specialized infrastructure: Free zones provide specialized infrastructure that meets the needs of different industries such as logistics, technology, media, and manufacturing services.

What facilities does Dubai provide to startups?

  • Business incubation centers: Dubai provides many business incubators that support startups by providing co-working spaces, consulting, and administrative services.
  • Financing and Support: Dubai provides government and private financing and support programs for startups to enhance their growth.
  • Exhibitions and conferences: Dubai hosts many global events, exhibitions and conferences that give startups opportunities to network and showcase their products and services.
  • Legal Facilities: Dubai provides easy legal procedures for registering startup companies and their legal protection.

How does Dubai contribute to facilitating international trade for companies?

  • Trade Agreements: Dubai has signed many trade agreements with different countries to facilitate international trade.
  • Advanced ports and airports: Dubai has modern ports and airports that are considered among the most active in the world, facilitating the movement of goods and services.
  • Logistics services: Dubai provides advanced logistics services that support international trade through specialized logistics zones and international transportation companies. Fast customs procedures: Dubai offers simplified and fast customs procedures to facilitate the process of importing and exporting goods.

What are the legal and regulatory advantages of opening a commercial registry in Dubai?

  • Solid legal framework: Dubai has a solid legal and regulatory framework that guarantees the rights of investors and companies.
  • Transparency and credibility: Dubai is characterized by a high level of transparency and credibility in commercial and administrative transactions.
  • Ease of procedures: Dubai provides flexible and simplified procedures for registering companies and renewing licenses.
  • Government support: The Dubai government provides strong support to companies through investment-inducing policies and distinguished legal protection.

How do companies benefit from Dubai’s diverse economic environment?

  • Economic Diversity: Dubai includes a wide range of industries and economic sectors, providing diverse opportunities for businesses to grow and expand.
  • Strong Local Demand: Dubai’s local market is strong and growing, providing great opportunities for companies to market their products and services. Foreign investments: Dubai attracts large foreign investments, which enhances the economic environment and provides new cooperation and partnership opportunities.
  • Economic events: Dubai hosts many global economic events such as Expo 2020, which enhances business opportunities and commercial communication.

What administrative services are available to companies in Dubai?

How does Dubai help improve the quality of life for entrepreneurs and investors?

Social Infrastructure: Dubai provides an advanced social infrastructure that includes high-quality health, educational and recreational facilities.

Safety and stability: Dubai enjoys a high level of safety and stability, making it an ideal place to live and work.

Cultural Diversity: Dubai embraces a culturally and internationally diverse society, providing a rich and harmonious environment for entrepreneurs and investors.

Recreational facilities: Dubai provides a wide range of recreational activities and tourist facilities that contribute to improving the quality of life.