Establishing companies in Dubai. This region has a thriving investment environment and flexible business laws, making it an ideal destination for ambitious investors. In this context, Itqan Company provides the services and support necessary to establish a successful company in Dubai on how to establish a company in Dubai.

To set up a company in Dubai Ali, you need to know the legal procedures and requirements. Here comes the role of Itqan Company, as it provides specialized consultation and assistance in all aspects of establishing the company.

Itqan Company provides various services, including analyzing the market, choosing the appropriate type of company, registering the company, obtaining the necessary licenses and permits, and providing legal and financial support. With its extensive experience in the business sector in Dubai, Itqan helps investors avoid challenges and achieve sustainable success.

By consulting Etqan Company, you can benefit from its experience and deep knowledge of the business environment in Dubai. The company will help you implement a successful establishment strategy and achieve your entrepreneurial goals. You will also benefit from its continuous support and assistance in overcoming the challenges that you may face in the journey of building and developing the company.

In short, establishing a company in Dubai with Itqan Company represents an excellent investment opportunity. Rely on the experience and knowledge of Itqan Company to achieve your success in establishing and growing your company in this wonderful global destination.

Establishing a company in Dubai

Establishing a company in Dubai presents an exciting challenge for investors, as Dubai has a dynamic business environment and advanced infrastructure that attracts companies from various sectors. With its flexible regulatory policies and legislation, Dubai offers many opportunities for both local and international investors.

To establish a company in Dubai, several steps must be followed. First, you must determine the type of company and business activity you want to engage in. Then, you need to select the trade name and ensure it is available and legal. Next, you must apply to obtain the necessary business licenses from the relevant government agencies.

It is worth noting that foreign investors can take advantage of the freedom zones and free zones available in Dubai, which provide great advantages such as tax exemptions and ease of export and import. After obtaining the necessary licenses, you can start working in your company and start achieving your business goals in Dubai, which is one of the most important commercial and economic centers in the world.

How to establish a company in Dubai

Establishing a company in Dubai requires following several steps and procedures. Here are general steps for establishing a company in Dubai:

1. Choosing the type of company: Before starting the establishment process, you must determine the type of company you want to establish, whether it is a sole proprietorship, a limited liability company, or other.
2. Choosing a company name: You must choose a unique and non-repetitive name for the company and ensure that it is compatible with local laws and regulations.
3. Obtaining an activity license: The appropriate activity license for the company must be obtained from the local authorities, and it depends on the company’s proposed activity.
4. Identify shareholders and directors: The shareholders and directors of the company must be identified and documented in legal documents.
5. Preparation of legal documents: The necessary legal documents such as the Constitutional Agreement (Memorandum of Association), Commercial Register, and necessary contracts are prepared in cooperation with a local legal advisor.
6. Submitting the application and registration: After preparing the necessary documents, the application and registration are submitted to the relevant government agencies such as the Department of Economic Development in Dubai.
7. Obtaining the necessary licenses and permits: After registration, there may be additional steps to obtain the necessary licenses and permits depending on the company’s activity.
8. Opening a bank account: A bank account must be opened for the company to carry out financial operations and commercial transactions.
9. Compliance with tax laws and regulations: The company must comply with local and international tax laws and regulations in force in Dubai.

Necessary permits to start working in Dubai

To start working in Dubai, you need to obtain the necessary permits that vary depending on the business activity and type of company. However, there are some basic permits that must be obtained to start working in Dubai, and they include:

• Business License: You must obtain a license to practice the chosen business activity, and this is done through the Department of Economic Development in Dubai.
• Municipal permit: Some economic activities require a permit from the local municipality, such as pharmacies and restaurants.
• Advertising License: You need to obtain a license to display advertising banners or conduct advertising campaigns.
• Building Permit: If building a new office or work space, you may need a building permit from Dubai Municipality.
• Work Permit: All foreign employees working for the company must obtain a work permit from the Ministry of Human Resources and Emiratisation.
• Industry and production license: If you carry out industrial or production activities, you may need a license from the Free Zone Authority or the Ministry of Industry and Technology in Dubai.
• Health and Safety Permit: You may need special permits if you work in health and safety-related sectors, such as restaurants or medical clinics.

Establishing a company in Dubai

Fees that companies must pay in Dubai

The fees that companies must pay in Dubai depend on several factors such as the type of company, its business activity, and the services it needs. Common fees that may be required include:

1. Company establishment fees: These fees include the costs of registering and establishing the company in the commercial registry and paying applicable government fees.
2. License fees: In some cases, companies need licenses specific to their commercial activity, and the cost of these licenses may vary depending on the type of activity and the government agencies concerned.
3. Legal and accounting consulting fees: Sometimes companies may need advice from local lawyers or accountants to assist them with legal and financial procedures, and this may incur additional fees.
4. Labor and visa fees: If the company employs employees, there may be fees for work visas, social insurance, and health insurance.
5. Rental and office fees: If an office is rented, rental fees, maintenance costs and administrative services must be paid.
6. Taxes and other government fees: These fees may include local taxes and other government fees applicable in Dubai.
7. Logistics and customs clearance fees: If the company engages in international trade, shipping and customs clearance may require additional fees.

Laws for establishing a company in Dubai

Establishing a company in Dubai is subject to several local and federal laws and regulations. Here is an overview of the most important laws that must be adhered to when establishing a company in Dubai:

• Federal Company Law: Regulates the establishment and management of companies in the United Arab Emirates, including the establishment of companies, determining their types, shareholders’ rights, and corporate duties.
• Dubai Department of Commerce and Industry Regulations: Local regulations in Dubai specify procedures for establishing companies, required licenses, prescribed fees, and other legal requirements.
• Federal Labor Law: regulates labor relations between employers and workers in the UAE, and defines the rights and duties of workers and employers.
• Federal and local tax regulations: Outlines the tax regulations applicable in the UAE, including corporate, income and value-added taxes.
• Citizenship and Immigration Regulations: Specifies the conditions for obtaining residence and work visas for foreign investors and employees who wish to work for the company.
• Regulations of supervisory and regulatory bodies: They regulate the activities of some sensitive sectors such as banking, insurance, real estate, etc., and include laws, regulations, and supervisory requirements.

At the conclusion of this article, it can be said that establishing a company in Dubai with the help of Itqan Company is a smart strategic move for ambitious investors. Dubai Ali provides a distinguished and wonderful investment environment, and offers great opportunities for success and growth in the global business market.

Through Itqan, you can benefit from extensive experience and in-depth knowledge of business laws and incorporation procedures in Dubai. The company provides support and consultation in all aspects of establishing the company, which helps to overcome challenges and ensure the success of the project.

Thanks to Itqan Company, investors can benefit from guidance and assistance in choosing the appropriate type of company, completing legal procedures and obtaining the necessary licenses. Your cooperation with Itqan Company ensures the building of a strong and prosperous company in Dubai Ali.

The most frequently asked questions about establishing a company in Dubai