Dubai is one of the most attractive cities for business in the world, offering a thriving business environment and vast opportunities for startups and large enterprises alike. If you want to open a commercial registry in Dubai, cooperating with Itqan Business Advice and Services Company can be the first step towards achieving your business goals.

Opening a commercial register in Dubai requires a thorough knowledge of local legal procedures and requirements. Here comes the role of Itqan Company, which has extensive experience in establishing companies in Dubai and providing specialized commercial services. A professional, multidisciplinary team at Itqan Company provides assistance in all aspects of the commercial registration process.

Itqan Company provides the necessary knowledge about the types of companies available, such as local, offshore and free companies. They also provide support in selecting the appropriate business activity, analyzing the market and developing business plans. In addition, the Itqan team prepares the necessary legal documents and assists in translation and certification.

Regarding administrative procedures, Itqan Company works to organize all the required papers, prepare the registration application and follow it up with the relevant authorities. This cooperation with Itqan Company makes it easier for entrepreneurs to overcome administrative challenges and save time and effort.

In short, opening a commercial registry in Dubai is a crucial step in your business journey, and cooperating with Itqan Company can ensure that this step is carried out successfully. By utilizing their expertise and specialized services, you will be able to focus on core business aspects and achieve your goals in the dynamic and thriving Dubai market.

Basic steps to open a commercial register in Dubai

Opening a commercial register in Dubai requires following a series of basic steps. Here is an overview of these steps:

• Planning and research: Before starting the process of opening a commercial register in Dubai, you must plan and conduct the necessary research about the business activity you wish to practice and understand the laws and regulations related to this sector. You can consult a specialized company such as Itqan Company to obtain the necessary advice and guidance.
• Choosing the right type of company: There are several types of companies that you can establish in Dubai, such as local companies, personal companies, limited liability companies, and free companies. You should choose the right type according to your needs and business requirements.
• Choosing a company name: You must choose a unique and appropriate name for your company and ensure that it complies with local laws and legislation in Dubai. Itqan Company can provide assistance in the process of choosing the appropriate name and verifying its availability.
• Submitting a registration application: After choosing the appropriate type and name of the company, a registration application must be submitted to the competent authority. Itqan can provide support in preparing the required documents and submitting them correctly according to the requirements.
• Obtaining the necessary licenses: Opening a commercial register in Dubai may require obtaining additional licenses depending on the company’s activity. Itqan Company can provide assistance in providing these licenses and following up on the procedures for obtaining them.
• Opening a bank account: The company must open a bank account in a recognized local bank in Dubai. Itqan can provide support in this process and advise on appropriate banking options.
• Obtaining a work permit: If you intend to work for your company in Dubai, you will have to obtain the necessary work permit. Itqan can guide you and assist you in this process and provide advice on the requirements and procedures related to the work permit.
• Issuance of a trade license: After meeting all requirements and completing the procedures, your trade license will be issued by the competent authority in Dubai. You must keep a copy of the license and related documents in a safe place in accordance with legal requirements.
• Compliance with local taxes and legislation: The company must comply with all local taxes and legislation related to business in Dubai. Itqan can provide advice and guidance on tax obligations and local legislation.

The process of opening a commercial register in Dubai requires adherence to specific legal and administrative procedures. Itqan Company can provide the necessary support and greatly simplify the process by providing advice, guidance, and implementing the required procedures. In cooperation with Itqan Company, you can open a successful commercial register and start working in Dubai with confidence and ease.

Types of business licenses available in Dubai

There are several types of business licenses available in Dubai. These licenses vary depending on the company’s activity and specific legal and commercial requirements. Here are some common types of business licenses in Dubai:

• General Trade License: Allows companies to practice any legitimate commercial activity in Dubai, such as wholesale and retail trade and professional services.
• Industrial License: Allows companies to establish and operate an industrial unit or factory in Dubai. This license includes production, manufacturing, assembly, storage and distribution of products.
• Professional License: Allows individuals to practice a specific profession or provide specialized services, such as medicine, engineering, accounting, law, legal consultation, interior design, photography, etc.
• Free Zone License: Allows companies to establish and operate their businesses in free zones in Dubai. This license provides independence and benefits such as full authorization of foreign ownership, no customs duties and corporate facilities.
• Tourism License: Allows companies to organize and organize tourist trips and provide tourism services, such as hotels, tourism agencies, tourist trips, entertainment and shopping.
• Engineering License: Allows companies to provide engineering and architectural services, such as design, engineering consultation, and project management.

These are just some of the common types of business licenses in Dubai. Please note that there are other types of business licenses available and they may vary depending on the region and requirements for each activity. Before deciding on a business licence, it is recommended to consult with Itqan to ensure compliance with local laws and regulations in Dubai.

Documents required to open a commercial register in Dubai

Documents required to open a commercial register in Dubai

To open a commercial register in Dubai , there are usually a set of documents required. The exact requirements can vary slightly depending on the type of company and business license you wish to obtain. However, the following are examples of common documents required:

• Copy of passport for shareholders/directors: A color copy of passports must be provided to all prospective shareholders or directors of the company.
• Copy of residence permit: A copy of the residence permit of shareholders/directors must be submitted.
• Registration Application Form: The registration application form must be filled out with company and shareholders/directors information.
• Lease contract or real estate license: The company needs a lease contract or real estate license for the office that it will use as its workplace.
• Bank letter: You may be asked to provide a bank letter verifying your company account and financial information.
• Business Plan: It may be necessary to submit a detailed business plan that explains the company’s activity and future plans.
• Personal photo: You may be asked to provide a recent photo of the shareholders/directors.
• Proposed Company Name: A proposed company name must be submitted for verification of availability and acceptance.

This is just a general list of required documents, and you may need additional documents depending on the requirements for the type of company and trade license. It is recommended to check the current requirements for company registration procedures with the relevant authorities in Dubai or to seek the help of Itqan Company for more detailed information and accurate guidance.

Necessary procedures to change commercial activity or amend commercial registry data in Dubai

To change business activity or modify commercial registry data in Dubai, you usually need to take the following actions:

• Check the laws and regulations: Before changing the business activity or amending the commercial registry data, you must check the laws and regulations applicable in Dubai. You can seek the help of a legal advisor or a specialized business management company to obtain current information and necessary guidance.
• Preparing the required documents: The required documents must be prepared to change the business activity or amend the commercial registry data. These documents can include amendment and change request forms and any additional documentation required depending on the type of amendment you desire.
• Submitting the application to the relevant authority: The application and required documents must be submitted to the authority responsible for registering companies in Dubai. The relevant authority may vary depending on the region or type of company.
• Fees and costs: Changing business activity or amending commercial registry data may require paying certain fees and costs. You must check the required fees, acceptable payment methods, and timing required to complete the process.
• Review and approval: After submitting the application, the documents and information are reviewed and ensured that they are correct and conform to the requirements. If the change or modification is approved, you will receive a notice or document saying so.

It should be noted that these procedures are general and may vary depending on the type of company, business license, and required amendment. It is recommended to check the current requirements and laws regarding commercial amendments from the relevant authorities in Dubai and seek the help of Itqan Company to ensure full compliance with the required procedures and avoid any potential legal problems.

Our company’s role in opening a commercial register in Dubai

In conclusion, opening a commercial register in Dubai represents an important and exciting step for any entrepreneur who wants to enter the business market in this modern and thriving emirate. In cooperation with Itqan Company, aspiring applicants can benefit from their expertise and specialized services in business management and consulting.

The process begins with gathering the required documents, such as copies of passports, residence permits, and registration application forms. With the help of Itqan Company, these documents are properly submitted to the relevant authorities in Dubai . Hiring legal counsel is an important step in ensuring compliance with local laws and regulations.

Another thing they do is provide advice and guidance on the appropriate business activity and business license to suit individual business needs. They can also help prepare detailed business plans, secure the necessary contracts, and provide ongoing support during the registration process.

Itqan Company also facilitates the financial and banking process, as they can advise on the required bank letters and provide bank letters of support.

Opening a commercial register in Dubai in cooperation with Itqan Company can enhance the chances of success and growth for the new company. They fully understand the importance of professionalism and efficiency in registration procedures and therefore strive to provide quality services and comprehensive support to their clients.

In short, opening a commercial register in Dubai requires adherence to legal procedures and the preparation of required documents. By collaborating with Itqan, presenters can benefit from their experience and knowledge to facilitate this important process.

Frequently asked questions about opening a commercial register in Dubai