Commercial register in Dubai

The Dubai Commercial Registry is the system for registering companies and businesses in the Emirate of Dubai in the United Arab Emirates. The Commercial Registry is an essential part of Dubai\\\’s commercial infrastructure, where all companies and commercial establishments operating in the emirate are registered and documented.

The Commercial Registry aims to regulate and document commercial activities and provide a legal and transparent environment for businesses in Dubai. The Commercial Registry is managed by the Dubai Economic Development Department (DED), which is the body responsible for regulating and developing businesses in the emirate.

When a company wants to establish a business in Dubai, it must register with the commercial registry. The commercial registry includes important information about the company, such as the company name, company type, licensed business activities, legal address, and data on shareholders or key officials in the company.

In addition to the initial company registration, the Dubai Commercial Registry requires the renewal of the trade license annually and adherence to applicable legal and regulatory requirements.

Steps to obtain a commercial register in Dubai

To benefit from and extract the commercial register in Dubai , companies and individuals must follow the following steps:

• Determine the type of business activity: Determine the type of business activity you wish to practice in Dubai. Your chosen business must comply with the approved classifications available in Dubai.
• Choosing a company name: Choose a name for your company that complies with naming laws in Dubai and does not conflict with the names of companies already registered. The name must be unique and not misleading.
• Choose the type of company: Select the type of company you wish to establish, whether it is a sole proprietorship, a limited liability company (LLC), a joint-stock company, or other types approved in Dubai.
• Identify partners and shareholders: If you plan to establish a company with partners or other shareholders, you must identify them and obtain the necessary documents to register them.
• Determine the legal address: Determine the legal address of your company in Dubai. It can be your main office address or your business location.
• Submit a registration application: Submit a registration application to the Dubai Economic Development Department (DED). You must submit the application with the required documents such as a copy of the passport for shareholders and partners, a copy of the lease contract for the legal address, and site forms filled with the required information.
• Payment of fees: Pay the fees required to register the company and obtain the commercial register. You should check the current fees of the Dubai Department of Economic Development.
• Application Review and Processing: The Dubai Department of Economic Development will review your application and the documents submitted. Further information or documents may be requested if necessary.
• Receiving a commercial register: After your application is approved and all requirements are met, you will receive your company\\\’s commercial register. You need to respect local laws and regulations and instructions issued by the Department of Economic Development in Dubai and any other relevant authorities during the process of establishing the company and obtaining the commercial register.

Types of companies registered in the Dubai Commercial Register

To benefit from a commercial registry in Dubai , there are usually some conditions that must be met. Specific terms can vary based on the type of company and business, but here are examples of some general terms:

1. Legal Address: You must have a valid legal address in Dubai where the company will be registered.
2. Company type: You must specify the type of company you wish to establish, such as sole proprietorship, limited liability company (LLC), joint-stock company, or other forms of approved companies.
3. Commercial activity: You must specify the type of commercial activity you wish to practice in Dubai. The activity must be compatible with the classifications approved in Dubai.
4. Ownership and Partners: The identity of the shareholders or partners associated with the company must be clarified and the documents required for their registration must be submitted.
5. Fees and costs: The required fees must be paid to the Dubai Department of Economic Development to process the registration application and extract the commercial register.
6. Compliance with laws and regulations: You must comply with local laws and regulations in Dubai and instructions issued by the relevant authorities during the process of establishing the company and obtaining the commercial register.

Fees for registering a company in the Dubai Trade Registry

Fees for registering companies in the Dubai Trade Registry vary depending on the type of company, the size of capital and the services required. It is important to note that these fees are subject to change and vary from time to time, and those interested in registering companies can obtain precise details about the current fees when applying for registration.

Generally, the fees applicable in the Emirate of Dubai for company registration can include the following:

• Company registration fees depend on the type of company and the size of capital.
• Processing fees are charged when submitting the registration application.
• Additional service fees may be imposed for any additional services provided by the relevant authorities.
• Data update fees Fees may apply when updating or amending data in commercial documents.

Documents required to obtain a commercial register in Dubai

The papers required to obtain a commercial register in Dubai vary depending on the type of company, the relevant regulatory body, and applicable government laws and regulations. However, here is a general list of documents that may typically be required for company registration in Dubai:

1. Registration application form The application form can be provided by the relevant authority, such as the Department of Economic Development in Dubai.
2. A copy of the founders’ identity document. Certified copies of the identities of the founders and shareholders of the company must be submitted.
3. Partnership agreement form or articles of association if the company is a local company or a closed company.
4. The company\\\’s commercial registration certificate (if it is a company importing from outside Dubai).
5. Authorization certificate for company representatives (if there are authorized representatives to submit the application).
6. Proof of Address This can be a lease or ownership document for the office where the business will be operated.
7. Medical certificates declaration form: for managers and shareholders.
8. A copy of the passport issued to Dubai residents if one of the directors, shareholders or agents is not an Emirati citizen.

Documents required to obtain a commercial register in Dubai

Advantages of investing in the Emirate of Dubai 

Investing in Dubai has many advantages and benefits, which are represented in the following points that we have listed for you below:

• Strategic location: Dubai has a distinct geographical location that makes it a vital center for trade and investment in the Middle East. Dubai is a meeting point for global trade between East and West, and enjoys excellent air, sea and land connectivity.
• Favorable legal and regulatory environment: Dubai has an advanced legal and regulatory environment that is conducive to business and investment. There is a strong legal system that protects the rights of investors and facilitates the conduct of business, and the emirate has open and flexible investment legislation and policies.
• Diversity of economic sectors: Dubai offers a variety of thriving economic sectors, including real estate, trade, tourism, finance, technology, and professional services. This diversity enhances investment opportunities and allows diversification of investment portfolios.
• Advanced infrastructure: Dubai is characterized by a modern and advanced infrastructure that supports business and investment. There is a well-developed transportation network, including the busy Dubai International Airport, modern seaports, and an advanced road and metro network.
• Culture of economic freedom: Dubai\\\’s free economy system encourages innovation, competition and investment. There are few restrictions and excessive fees, flexibility in business procedures and ease of government procedures.
• Political and security stability: Dubai enjoys a stable and safe political and security environment, which enhances confidence and stability for investors and companies.
• Cultural and societal diversity: Dubai society is characterized by cultural and societal diversity, which attracts many companies and investors from different parts of the world. This diversity helps expand global networks and increase investment and innovation opportunities.

These are some of the main advantages of investing in the Emirate of Dubai. However, you should ensure that you are familiar with the current regulations and laws relating to investing in Dubai and consult Itqan\\\’s experts for tailored advice before making any investment decisions.

The most important mistakes to avoid when registering a commercial registry in Dubai

When registering a commercial registry in Dubai, it is important to avoid some common mistakes that may affect the registration process and the company itself. Here are some mistakes to avoid:

1. Failure to carefully examine legal documents: Make sure that all required legal documents and conditions are met before submitting the registration application, such as necessary contracts, approvals, and licenses.
2. Choosing the wrong type of business: The appropriate legal structure must be chosen for the type of business, which affects legal liability, taxes, and administrative procedures.
3. Ignoring financial requirements: Make sure to determine the capital required to establish the company and ensure that it is fully provided in accordance with local requirements.
4. Lack of consideration for taxes and licenses: Make sure to understand and implement all local taxes and licenses required for your chosen business.
5. Delay in registration procedures: All applications and documents should be submitted in a timely manner to avoid delays in starting the business.
6. Disregard Legal Advice: Consult with local legal counsel to ensure compliance with all local laws and regulations and for advice necessary for a successful registration process.
7. Failure to update the commercial register: An accurate and constantly updated commercial register must be maintained to avoid future problems with local authorities.

By following these tips and avoiding the mistakes mentioned, you can have a successful commercial registration process in Dubai that contributes to the success and continuity of your business.

Steps to establish a company in Dubai 

First, select the type of company you wish to establish in Dubai, such as a limited liability company, a joint stock company, a sole proprietorship, or a branch of a foreign company, in addition to the following:

• Company Name: Choose an appropriate name for your company and make sure it complies with local laws and regulations. It is advisable to check the availability of the chosen name and register it with the Dubai Department of Commerce and Industry.
• Arrangement of partners and shareholders: Identify the partners and shareholders who will participate in the company, and determine their shares and responsibilities.
• Legal Contract: Prepare the company\\\’s legal contract, which specifies details regarding the company\\\’s organizational structure, its activity, and the rights and duties of the partners.
• Obtaining licenses and permits: Submit an application to obtain the necessary licenses and permits to conduct business activity in Dubai. You may need professional licenses, industrial licenses, or tourism licenses depending on the company\\\’s activity.
• Legal address: Determine the legal address of the company and ensure that the necessary proof of address documents are available, such as a lease contract or property ownership.
• Registration with the Department of Economic Development: Submit a registration application to the Department of Economic Development in Dubai and submit the required documents. The application is evaluated and a commercial license is issued after completion.
• Compliance with Additional Legal Requirements: Ensure compliance with additional legal requirements, such as registration with other government agencies and compliance with tax and labor laws.

At the conclusion of this article, it can be said that obtaining a commercial register in Dubai in cooperation with Itqan Company is a crucial step for individuals and companies wishing to invest and establish their businesses in this vibrant emirate.

By using Atqan\\\’s certified services, investors can benefit from experience and in-depth knowledge of business operations, regulations and local laws. This partnership contributes to facilitating the process and reducing the risks that new projects may face.

Commercial registration in Dubai provides a range of benefits such as legal protection for business operations and official recognition of the company and its ability to transact business. The commercial registry also enhances confidence among customers and business partners and facilitates access to banking, financing and other commercial services.

Applicable legal procedures and local regulations must be adhered to when establishing the company and registering it in the trade registry. Investors should also look at the requirements and licenses for their specific business.

Frequently asked questions about the papers required to obtain a commercial register in Dubai