Instant license in Dubai

The instant license in Dubai is a form of commercial license that enables businessmen to start commercial activities quickly and effectively. This license provides investors with the opportunity to launch their businesses without significant delays and complicated red tape.

The instant license model is quick to obtain and simplifies bureaucratic processes, making it an attractive option for SMEs that want to start business as soon as possible.

It is always preferable for investors wishing to obtain an instant license to review the requirements and conditions for obtaining it from the local authorities in Dubai and check the fine details before starting the process.

Advantages of establishing a company in Dubai

Establishing a company in Dubai offers many advantages and benefits. Here are some of the key advantages of setting up a company in Dubai:

1. Strategic location: Dubai is located in the heart of the Middle East and is considered a vital center for trade and business. Dubai\\\’s strategic location provides access to global markets and provides vast opportunities for international trade.
2. Advanced infrastructure: Dubai has a modern and advanced infrastructure, including international airports, sea ports, and an advanced public transportation system. This advanced infrastructure provides a conducive environment for business success.
3. Competing Business Environment: Dubai is one of the most competitive and dynamic cities in the world in terms of business. It has an open and transparent business environment that encourages innovation and leadership.
4. Favorable Legal Framework: Dubai has a favorable and stable legal system that provides legal protection to businesses and investors. A range of laws and regulations are available that support business and encourage investment.
5. Ease of incorporation and operation: Simplifying procedures for incorporation and operation in Dubai makes it easier to establish and manage companies. There are a number of free zones and special economic zones that provide a favorable operating environment and facilitate access to banking services and other facilities.
6. Economic and political stability: Dubai enjoys strong economic and political stability, which enhances confidence among investors and helps them grow their businesses with confidence.
7. Multinational and qualified workers: Dubai has a diverse international labor market, which allows companies to access a multinational and qualified workforce, and this enhances the possibility of hiring among the best global talents.

Issuing an instant license in Dubai

Instant license issuance in Dubai is a system that allows investors to establish and operate their companies quickly and efficiently. This system is regulated by the Dubai Economic Development Authority (DED), and allows investors to obtain a business license in just a few hours.

Here are general steps for issuing an instant license in Dubai:

• Consultation and Planning: It is recommended to consult with a local business consultant or consulting firm to understand the spot license requirements and prepare the necessary documents. An advisor can help you determine the right type of business and determine next steps.
• Submitting an Application: You must submit an application for an instant license to the Dubai Economic Development Authority (DED). You must provide personal information, company information and the type of business chosen.
• Preparing documents: Some basic documents must be prepared and submitted with the license application. These documents may include a copy of the investor\\\’s passport, business plan, lease contract for the commercial office, and experience certificates if any.
• Payment of fees: The investor must pay the fees required to issue the instant license. Fees vary depending on the type of business and company size.
• Approval and issuance of license: After submitting the application and reviewing it by the Dubai Economic Development Authority (DED) and verifying that all requirements are met, approval of the license is granted. The instant license is then issued, and you can start the business immediately.
• License renewal: The investor must renew the instant license annually and pay the required fees to maintain its validity.

Fees required to issue an instant license in Dubai

The costs of issuing a business license vary greatly depending on the state and applicable local laws. However, I can provide an overview of the likely costs of issuing a business license in several countries.

• Government costs: include licensing, registration and renewal fees, and other government transaction costs associated with issuing a license. These costs may vary based on the type of business and the size of the company.
• Legal costs: Obtaining a business license may require legal advice and the preparation of contracts and necessary legal documents, which entails additional legal costs.
• Financial costs: The investor must secure the capital necessary to establish and operate the company initially, including the costs of rent, salaries, suppliers, marketing, advertising, supplies, taxes, insurance, and others.
• Administrative costs: These include the costs of setting up an office or work space, office supplies, furniture, equipment, information and communications technology, computer software, accounting systems, training, and general development.
• Consulting costs: If you work with Itqan experts to obtain advice and assistance in the license issuance process, you may have to pay them a consulting fee.

Procedures for issuing a commercial license in Dubai

Dubai\\\’s business license procedures require a number of steps that investors must follow. Here is an overview of these steps:

• Determine the type of business activity: Investors must determine the type of business activity they wish to practice within the instant business license in Dubai.
• Choosing a company name: Investors must choose a name for their company and ensure that it is available and not similar to the names of other registered companies.
• Determining the company’s location: Investors must determine the company’s location and ensure its availability and the safety of its infrastructure.
• Applying for an immediate business license: Investors must apply for an immediate business license in Dubai to the relevant authorities. This can be done through the website of the Department of Economic Development in Dubai or by coming in person to the offices of the Department of Economic Development in Dubai.
• Submitting the required documents: Investors must submit the documents required to issue an instant business license in Dubai, which may include a copy of the passport, a personal photo, an authorization letter in the event that the investor does not appear in person, and any other documents related to the specific type of business activity.
• Payment of fees: Investors must pay the fees required to issue an instant business license in Dubai, which vary according to the type of business activity and according to the concerned authority.
• Receiving the immediate business license: After completing the procedures for obtaining the immediate business license in Dubai and paying the required fees, the license is received, which can be used to establish the company and start work.

Advantages of establishing a company in Dubai

Issuing an instant license in Dubai offers several advantages to investors, which are among the reasons why it is a preferred option for many people. Here are some of the key benefits of issuing an instant license in Dubai:

1. Speed ​​of establishment: One of the biggest advantages of an instant license is the speed of establishing a company and starting a business. The license is usually issued within a few hours or days after the application is submitted and the necessary requirements are met. This means you can start the business quickly and take advantage of market opportunities faster.
2. Ease of procedures: The procedures for obtaining an instant license in Dubai are simplified and easy to understand. A clear guide is provided to investors explaining the required steps and documents required to be submitted. This makes it easier for investors to navigate the process and submit the required documents easily.
3. Low cost: Instant license is an economical alternative to obtaining a business license in Dubai. They require low setup fees compared to some other traditional systems. This means that investors can start the business at a lower cost and allocate more resources to growing the business.
4. Access to the local and global market: Dubai is an excellent base for accessing the local market in the UAE and the global market in general. Thanks to its strategic location, advanced infrastructure and open economic policies, local companies in Dubai can take advantage of business opportunities available in the UAE and reach international clients.
5. Benefit from advanced infrastructure: Dubai has an advanced infrastructure that includes modern airports, large ports, free zones, and advanced logistics facilities. This provides opportunities for companies to expand their business and facilitate business operations.

In conclusion of the article, we can conclude that the issuance of an instant license in Dubai represents an exciting opportunity for investors who want to start their business quickly and effectively in this dynamic city. In cooperation with Itqan Company, investors can benefit from the expertise and specialized services provided by the company in the field of issuing commercial licenses in Dubai.

Itqan Company provides support and guidance to investors throughout the process of issuing an instant license, starting with providing professional advice on the appropriate commercial activity and choosing the appropriate body, all the way to completing the required legal and regulatory procedures. The company cooperates with the relevant authorities in Dubai to ensure the speed and smoothness of issuing the instant license, which saves time and effort for investors.

Thanks to the future vision and professionalism of Itqan Company, investors can rely on the company’s distinguished services in achieving their business goals and achieving success in the business market in Dubai.

Frequently asked questions about issuing an instant license in Dubai