Establishing a company in Dubai is an important and exciting step for aspiring entrepreneurs. However, it involves many procedures for establishing a company in Dubai and the challenges that must be dealt with. In order to facilitate this process and achieve sustainable success, it is possible to cooperate with Etqan to provide the required support and guidance. Establishing a company in Dubai is a strategic step due to the dynamic economic environment and the many advantages the city has to offer. However, strict legal and administrative procedures must be followed to ensure compliance and success.
When collaborating with Etqan, the necessary local expertise and knowledge is provided to streamline the company\\\’s incorporation process in Dubai. The Company can provide advice regarding the appropriate organizational structure, the appropriate type of company for the purposes of the selected business, the licenses and permits required, and the procedures for legal registration. In addition, Etqan cooperates with government agencies and financial institutions in Dubai, which facilitates the implementation of the administrative and financial procedures necessary for the establishment of the company.
The company can also provide visa and accommodation support to founders and employees. In short, Etqan is a strong and reliable partner for entrepreneurs who want to establish a company in Dubai. The company provides the necessary support at every step of the process, from market analysis and organizational structure design, to registration procedures and government approvals. In collaboration with Etqan, contractors can confidently set off towards sustainable success in Dubai\\\’s dynamic business market.
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ToggleIncorporation of a company in Dubai
Establishing a company in Dubai is a strategic and important step for aspiring entrepreneurs seeking to benefit from the economic environment Dynamism and the many benefits the city has to offer. Dubai is a global hub for business and commerce, with a well-developed infrastructure and a flexible legal and regulatory system, making it an ideal destination to establish a successful business. However, establishing a company in Dubai requires following specific legal and administrative procedures. First, the appropriate type of company must be identified for the purposes of the selected business, such as a local company, subsidiary, or free-standing company. Then the appropriate company name must be provided and ensure that it is available.
After that, the required licenses and permits must be obtained from the relevant government agencies, such as the Department of Economic Development and the Ministry of Commerce and Industry. Itqan cooperates with entrepreneurs wishing to establish a company in Dubai to provide the required support and guidance. The company can provide advice regarding the necessary legal and administrative procedures, facilitate communication with government agencies, and provide financial and accounting services.
In addition, Etqan can arrange visas and accommodation for founders and employees. In short, establishing a company in Dubai requires adherence to specific legal and administrative procedures. By collaborating with Etqan, entrepreneurs can get the necessary support to facilitate the incorporation process and ensure legal compliance, helping them build a successful company in Dubai, taking advantage of the promising opportunities offered by the city.
Procedures for establishing a company in Dubai for foreigners
The procedure for establishing a company in Dubai requires following a series of legal and administrative steps and procedures. Here is an overview of some key actions:
- Determine the type of company: The appropriate type of company must be determined for the purposes of the selected business, such as a local company (LLC), subsidiary or free-standing company. The choice of type depends on several factors, including the business activity and the desired financial responsibility.
- Company Name: A unique and appropriate name must be provided to the company, complying with the laws and directives of the Dubai Department of Economic Development. This may require checking the availability of similar names and going to the competent authorities to register the name.
- Licenses and Permits: The required licenses and permits must be obtained to carry out the business activity in Dubai. This requires submitting the required documents, adhering to the legal and regulatory requirements, and dealing with the concerned authorities such as the Department of Economic Development and the Ministry of Commerce and Industry.
- Agreements and contracts: Internal agreements and contracts must be established that regulate the relationship between shareholders and define their rights and duties. Legal assistance can be obtained to ensure that these agreements are valid and binding.
- Work and residence visas: If the company intends to employ foreign employees, appropriate work and residence visas must be obtained for them. Collaborate with stakeholders, such as the Emirates Identity and Citizenship Authority and the Ministry of Human Resources and Emiratisation.
- Legal registration and endorsement: The company must be registered in the Commercial Register and obtain legal endorsement from the concerned authorities. These procedures can include issuing the company\\\’s certificate of incorporation, registering shareholders, and notarizing internal agreements.
Methods of establishing a company in Dubai for foreigners
Establishing a company in Dubai for foreigners can be done in a number of different ways, and these methods vary depending on the type of company and the investment requirements. Here are some common ways to set up a business in Dubai for foreigners:
- Limited Liability Company
Foreigners can establish a limited liability company in Dubai, and this process requires a local partner (sponsor) who owns 51% of the company\\\’s share, while a foreign investor can obtain the rest of the share at 49%.
- Free Zone Company:
- Dubai\\\’s free zones are a popular option for foreigners to set up businesses, as foreign investors can own the company 100% without the need for a local partner.
- Free zones provide large facilities such as quick registration, taking advantage of tax facilities, and no restrictions on the transfer of profits or capital.
- Mainland Company:
- Foreigners can also set up a company in local areas of Dubai, but in this case there will be specific requirements such as having a local partner or a local partner of the company at 51%.
- Establishing a company in local areas requires applying to relevant government bodies such as the Dubai Department of Commerce and Industry.
- Branch of Foreign Company:
- Foreign companies can establish branches in Dubai, and these branches are subject to the laws and legislation of foreign companies in the UAE.
- The branch is registered in the Dubai Department of Commerce and Industry, and some documents and guarantees must be provided to complete the registration process.
It is important to be familiar with the current laws and government regulations in Dubai and the UAE to understand the procedures and requirements for establishing the company, and it is preferable to obtain legal advice by cooperating with Etqan before starting the incorporation process to ensure compliance with the laws and obtaining the correct guidance.
Conditions for opening a company in Dubai for foreigners
There are several options for foreigners who want to open a company in Dubai. Selection depends on the business, ownership and licenses required. Here are general conditions for opening a company in Dubai for foreigners:
- Free Zone:
- Dubai has several free zones that allow foreigners to own and operate businesses with a percentage of 100% foreign ownership.
- Free zones usually require a specific capital to establish a company.
- Integrated services such as licenses, taxes, visas, and infrastructure are provided.
- Partnership with a UAE National:
- Foreigners who wish to open a company outside the free zones are required to be partners with a UAE national.
- The UAE national owns a specified percentage of the business and is the official responsible for the company.
- A partnership agreement (such as a limited company) is signed to regulate the relationship between the partners and determine their rights and duties.
- Public Joint Stock Company:
- Foreigners are allowed to open a public joint stock company in Dubai without the need for an Emirati partner.
- This company requires specific capital, legal procedures, and specific contracts.
Please note that these conditions are just general information, and there may be additional requirements and legal procedures for opening a company in Dubai. It is highly recommended to reach out to the Investment Regulatory Authority in Dubai, review local laws, or enlist the help of Etqan Financial Consulting for up-to-date and detailed guidance based on your individual situation and the requirements of the proposed business.
How much does it cost to open a commercial register in Dubai for foreigners
The cost of opening a commercial register in Dubai for foreigners varies depending on the type of company, the place you wish to open it (free zone or outside free zones) and the associated services required. Here are some approximate expenses that can be included in opening a commercial register in Dubai:
- Licensing Fees: Includes government licensing fees that are paid to the relevant regulatory authority, such as the Dubai Department of Economic Development (DED) or the Free Zone Authority. The amount of the licence fee varies depending on the type of company, business activity and location.
- Company registration fees: Includes fees for registering the company and extracting a commercial register and legal documents such as partnership contracts if there is a local partnership. These fees may vary depending on the type of company and legal requirements.
- Consultancy Fees: If you use a financial consulting firm or lawyer to help prepare documentation and licensing procedures, there may be additional consulting fees.
- Commercial Address Costs: Opening a commercial register in Dubai may require the provision of a valid commercial address. An office can be rented or virtual services used for the business address, this involves additional costs.
Types of companies that can be established in Dubai
Below is a table showing some types of companies that can be established in Dubai:
Type of Enterprise: | Description |
---|---|
individual contact | A company owned and managed by one person. |
Partnership | A company made up of partners who share responsibility and profit and loss. |
limited company | A company consisting of shareholders who bear limited liability for the debts of the company. |
stock corporation | A company that is financed by selling shares to the public. |
company private limited | A joint stock company consisting of a few shareholders and having a flexible legal organization. |
stock corporation | A joint stock company whose shares are traded on the public financial market. |
Limited Liability Company | A company that combines the features of a limited company and a partnership. |
company | A company established in a free zone with special privileges and facilities. |
Joint Venture | A company established in partnership between a local company and a foreign company. |
investment company | A company established to invest in assets and achieve financial returns. |
Please note that this table provides an overview of some types of companies that can be established in Dubai, and there may be other forms or subtle differences that require consultation by ITQAN experts to determine the most appropriate type for your personal and business needs and requirements.
Online Business Setup
The UAE Federal Government provides the Basher service, an innovative digital platform that facilitates the company formation process for online investors. This integrated service brings together several local and federal government entities responsible for licensing economic activities, allowing businesses to be established electronically in a seamless, secure and fast process. With Basher, investors can complete all the necessary procedures to establish their company without having to visit any government agency. All it takes is a few minutes on the platform to complete the procedure. This service greatly facilitates the process of entering the UAE market, making starting a business in the country more attractive and easy for investors from inside and outside the UAE. Through Basher, a range of benefits are provided, including:
- Integration of government agencies: The service brings together various government agencies to facilitate the licensing process, eliminating the need to deal with each entity separately.
- Speed and convenience: The electronic system allows completing all the necessary procedures to establish the company in a few minutes.
- Security: The platform provides secure procedures to protect investor data and ensure the process runs smoothly.
In this way, the Basher service contributes to enhancing the business environment in the UAE by facilitating the establishment procedures and reducing the time and cost associated with them, which enhances the ability of investors to focus on growing their business without bureaucratic complications.
Establishing business in the usual ways
Establishing a business in the usual ways is an important and crucial step in the journey of entrepreneurs towards achieving their dreams and turning their ideas into reality. These standard methods include a set of steps that must be strictly followed to ensure the success and stability of the company in the market. The following is an introduction to business as usual:
Determine nature of economic activity
Determining the nature of economic activity is the first and essential step in establishing any business in the UAE. Economic activity determines the area in which a company will operate, whether it is commercial, industrial, or service. This step is crucial because it affects the legal structure of the company, the types of licenses required, and the government agencies that must be dealt with.
Choosing the right activity requires a thorough understanding of the local market and identifying the activities that are in demand and demand, as well as the ability to assess the capabilities and skills available to the company to provide the required services or products. Once the nature of the activity has been determined, it is possible to move to the next stages in the incorporation process, such as determining the legal form and registering the trade name, which facilitates the procedures and speeds up the process of starting a business legally and systematically.
Determining the legal form of the company
Determining the legal form of the company is an essential step in the process of establishing a business in the UAE. This decision plays a major role in determining the nature of the legal and financial responsibilities of the company\\\’s owners, as well as determining how profits and losses are distributed and determining its tax liabilities. Legal forms available to companies in the UAE include a limited liability company (LLC), a public joint stock company (PJSC), a private joint stock company, a sole proprietorship, and a partnership.
Each of these types of structures provides different legal and regulatory advantages to suit different business needs, whether those needs relate to size, scope of work, or risk management. For example, limited liability companies grant debt protection to shareholders beyond their investments, making them a popular choice for many foreign and domestic investors. Choosing the legal form requires a thorough study of the nature of the business activity and future objectives to ensure that the most appropriate decision is taken that meets the needs of the business and facilitates its legal and administrative management.
Reservation and registration of the trade name
Booking and registering a trade name is an essential and vital step when establishing any business in the UAE. The trade name is carefully selected to reflect the identity and value of the business and is consistent with local legal systems. After choosing the name, it must be verified with the competent authorities, as similar or identical names cannot be used with already existing trade names. Once the availability of the name is confirmed, it is registered with the Department of Economic Development or the competent authority, ensuring that the rights and uniqueness of the trade name are protected.
This process is not just a legal procedure, but contributes to building the brand and gives the business an official identity, which enhances the confidence of customers and partners in the market. The reservation and registration of the trade name usually requires the submission of the required documents and the payment of the relevant fees, and after approval, the business entity can use the name in all official transactions and declarations.
Initial Approval
Initial approval is a crucial step in the process of setting up a business in the UAE. This approval serves as a green light for the company to start the actual incorporation process after confirming the compatibility of its business with local laws. This phase begins after determining the nature of the economic activity and choosing the appropriate legal form for the company. Obtaining the initial approval includes submitting an application to the concerned economic department, explaining all the details of the proposed business activity.
After submitting the application, the competent authorities review the business activity to ensure that it is in line with local laws and regulations, and does not conflict with prohibited or restricted activities. Initial approval does not mean full licensing; rather, it is an initial step that allows investors to proceed with the preparation of the necessary documents and complete the required procedures such as preparing the memorandum of association and selecting the appropriate location for the work.
This step also facilitates obtaining final permits and approvals from other concerned authorities, and gives the investor the necessary confidence to start the formal procedures for establishing his company, which saves significant time and effort in the later stages of the incorporation process.
Memorandum of Association and Local Service Agent Agreement
The Memorandum of Association and Local Service Agent Agreement are a vital part of the incorporation procedures of companies in the UAE, especially for Limited Liability Companies (LLC) and foreign companies looking to enter the local market. The Memorandum of Association is a basic legal document that specifies the details of the company such as its name, objectives, capital, and the percentage of shares between the partners. This contract serves as a legal basis that regulates the relationship between the partners and defines their rights and responsibilities. On the other hand, in some legal forms, especially for companies that foreigners wish to establish on the mainland, it is required to appoint a local Emirati service agent.
This agent, who is usually a UAE national or a company wholly owned by Emiratis, is not involved in the day-to-day management of the company but provides support in dealing with local authorities, and can help facilitate legal proceedings and obtain the necessary licenses. Having a local service agent can be necessary to meet legal and administrative requirements, and to ensure compliance with local regulations.
Location
When it comes to setting up a business in the UAE, choosing a location is a vital and crucial step. The location must be determined very carefully, taking into account several factors that affect the success and continuity of the business in the market. Location is one of the main factors that determine the success of a business, as it affects several aspects, including: First, the location must be appropriate to the nature of the proposed business. For example, if the work requires a lot of space for storage or production, dedicated industrial areas may be the best option. If the activity is related to services or retail, the location may be in vital commercial areas or better shopping centers. Also, the site should be relevant to the target customer audience. The area around the site should be studied, understanding the needs and preferences of potential customers, and ensuring the availability of services and facilities that they may seek.
Additional Government Approvals
When starting the process of establishing a business in the UAE, several additional government approvals must be taken into account. These additional approvals vary depending on the type of activity and location, and include a variety of actions that must be taken to ensure compliance with local laws and regulations. For example, some local economic activities may require special approval from stakeholders, such as the General Authority for Audiovisual Media for media activities, or the Ministry of Petroleum and Mineral Resources for energy-related activities. In addition, some special activities may require approvals from local authorities, such as the district municipality or the Department of Economic Development. These approvals include construction, safety and public health standards that must be met before starting a business.
Receiving the license
After completing the necessary procedures and submitting all the required documents, the last and most important step is to receive the commercial license. The commercial license is the official document that proves the legitimacy of your business in the UAE, and gives you the legal authority to practice the business activity that you specified during the establishment of the company. Once you have received your trade license, you can start doing business with confidence, and offer your services or products to customers in accordance with the applicable regulations and legislation. A business license is crucial to the success of your business, as it facilitates your access to markets and customers, and ensures your continuity and stability in the business environment. In addition, the trade license is an important tool to enhance the credibility of your business in front of customers and business partners, as it reflects professionalism and seriousness in dealing with and adhering to the laws and regulations issued by the competent authorities.
Advantages of Establishing a company in Dubai
Establishing a company in Dubai represents an important strategic step for investors wishing to take advantage of the dynamic economic environment and promising opportunities offered by this global city. Thanks to its rapid development and sophisticated commercial legislation, Dubai provides an ideal environment for establishing companies of various sizes and sectors. Here are some of the main advantages of setting up a company in Dubai:
- Convenient investment environment: Dubai is one of the most attractive Arab and international cities for investments, as the government provides the necessary support and encourages competitiveness and innovation in the market.
- Strategic location: Dubai is in a privileged position on the world map, making it an important hub for global trade and business, and facilitating access to regional and global markets.
- Sophisticated commercial legislation: Dubai has well-developed commercial laws and regulations that facilitate company incorporation procedures and protect investors\\\’ rights.
- Economic Diversification: The Dubai market offers multiple opportunities in a variety of sectors such as retail, real estate, technology, financial services, and tourism.
- Advanced Infrastructure: Dubai has a well-developed infrastructure that includes world-class airports, advanced seaports, and advanced telecommunications networks.
- Diverse Workforce: Dubai\\\’s labor market offers a wide variety of competencies and skills, attracting global talent.
- Cultural and social life: Dubai provides a vibrant and diverse environment of cultures and social activities, making it an ideal place to live and work.
Establishing a company in Dubai represents a promising investment that can open new horizons for success and growth in a diverse and evolving international market.
Costs of Establishing a company in Dubai
The costs of establishing a company in Dubai vary according to the type of company and the size of its planned work, but a rough estimate can be provided that includes the following points:
- Cost of government fees: These fees include the costs of registering the company and obtaining the necessary licenses and permits, and vary according to the type of company.
- Cost of advisory and legal services: Investors may need to consult an attorney or legal advisor to assist them in preparing the necessary documents and agreements.
- Rental Costs: Includes the costs of renting the office or commercial space that the Company will use as its business premises.
- Required capital: The required capital depends on the type of company and the laws of the Emirate, and may be specified in a certain amount as a legal requirement.
- Management consulting costs: There may be costs for management consulting and IT to establish the required business systems and technologies.
Duration to establish a company in Dubai
Establishing a company in Dubai can be a futuristic and efficient process if collaborated with a specialized company such as Etqan. In general, the process of establishing a company in Dubai usually requires a period of two weeks to two months, depending on several factors, including the type of company, the organization of documents, and the licensing procedures. However, itqan can contribute significantly to reducing this duration and speeding up the process thanks to its experience and extensive knowledge of the legal procedures and requirements in Dubai.
By working with Itqan, integrated services can be provided that include organizing and submitting the necessary documents, assisting in selecting the appropriate type of company, and speeding up the licensing and registration procedures. She can also provide advice and guidance on how to avoid potential obstacles and get the necessary approvals quickly. In short, in cooperation with Etqan, the duration of the establishment of the company in Dubai can be reduced to a reasonable period commensurate with the needs and requirements of the business, which contributes to the rapid and effective start of business in this vital economic destination.
Can a foreigner open a commercial register in the UAE?
Yes, a foreigner can open a commercial register in the UAE in general. The laws and regulations governing this process vary slightly from emirate to emirate, and there may be some requirements and conditions that must be adhered to. Here\\\’s an overview of how to open a commercial register for foreigners in the UAE:
- Local partners: In some cases, opening a commercial register requires the presence of a local partner (Emirati partner) who owns a certain percentage of the company. It depends on the type of business and emirate you want to work in.
- Companies in free zones: In some free zones in the UAE, foreigners can open a commercial register without the need for a local partner. These zones encourage foreign investment and provide a conducive business environment.
- Financial conditions: There may be certain financial conditions relating to the deposit of capital or the provision of financial guarantees.
- Legal review: It is important to obtain specialized local legal advice before starting the process of opening the commercial register, as local lawyers can provide the necessary advice on legal conditions and procedures.
- Administrative procedures: Foreigners must carry out the necessary administrative procedures, such as submitting the required documents and official approvals from the concerned authorities.
- Business Activity: The proposed business activity must be compliant with local laws and regulations in the selected Emirate.
These are general points, and suggest that it is possible for foreigners to open a commercial register in the UAE, but the conditions and procedures may vary depending on the exact quality of the business and the emirate in which the business is conducted.
investing in Dubai
Investing in Dubai is an interesting option for many investors looking for a dynamic investment environment and multiple opportunities in many economic sectors. Dubai is one of the largest economic cities in the world, attracting investments due to its diversified economy, favorable business environment, and government facilities offered to investors. In this context, Etqan can be a reliable partner for investors who want to establish companies and invest in Dubai. Itqan provides comprehensive services including company incorporation, legal and tax consultancy, business management, and guidance in investment strategies.Among the advantages that Etqan can offer to investors wishing to invest in Dubai are:
Companies Set Up
Itqan provides company incorporation services of various types, such as small and medium-sized companies, and large companies, which facilitates the start-up and operation process.
Legal and tax advice:
The company provides specialized legal and tax advice that helps investors understand the regulations and laws of investment in Dubai, and ensure full compliance with legal requirements.
Business Administration:
Itqan provides business management services including accounting, auditing and financial reporting, which helps to organize and improve the company\\\’s operations.
Investment Strategies:
- Itqan provides specialized advisory services in the field of investment strategies and market analysis, helping investors to make informed and successful investment decisions. These services include several important aspects:
- Market Analysis: Itqan analyzes the local and international market to identify suitable investment opportunities, understand market trends, and identify potential risks.
- Evaluation of investment strategies: The company provides a comprehensive assessment of various investment strategies, including investments in real estate, stocks, bonds, currencies, etc., to determine the optimal and appropriate options for investors.
- Investment Planning: Based on analyses and evaluations, the company develops thoughtful and calculated investment plans, which achieve investors\\\’ goals and reduce risk.
- Investment guidance: Itqan provides guidance and advice to investors on the best ways to diversify investments, and identify successful and sustainable opportunities.
- Performance Review and Improvement: The Company provides periodic investment performance review services, providing recommendations to improve performance and increase return on investment.
Ongoing guidance and support:
Itqan provides continuous guidance and support to investors throughout their investment journey in Dubai, helping them achieve success and achieve the desired return. In short, Etqan is a trusted investment partner in Dubai, providing comprehensive services that support investors at every step of the investment and company formation process.
Necessary business licenses for my company in Dubai
To establish and operate a business in Dubai, you will need to obtain some necessary licenses. The licenses required can vary based on the type of company and business you intend to practice. However, there are some basic licenses that are usually required in Dubai, including the following:
- Company License: Requires your company to be registered in the Department of Economic Development or in the appropriate free authority in Dubai. The type of company, the identity of the shareholders, the activity of the company and the applicable rules and regulations shall be determined.
- Activity License: You need to get a license to do business for your company. The correct license is determined based on your main activity, whether it is general business, professional services, manufacturing, etc.
- Office License: If you plan to work in an office in Dubai, you must obtain an office license that allows you to use a specific address to conduct your business.
- Ecommerce license: If you intend to practice ecommerce or create a business website, you may need an additional ecommerce license.
- Building Permit: If you plan to build or renovate a commercial building for your company, you may need a building and design license from the competent authorities.
- Food and health licensing: If you work in the food and beverage or health and beauty sector, you may need additional licenses from the competent authorities such as the Food and Industry Authority and the Ministry of Health.
In conclusion, we find that the process of establishing a company in Dubai requires careful planning and adherence to specific legal and administrative procedures. Through cooperation with Etqan, investors can benefit from the expertise and specialized services provided by the company to facilitate the process of establishing the company smoothly and efficiently. Cooperation with Etqan provides the necessary support at all stages of the company\\\’s incorporation process, from analyzing the market and choosing the appropriate legal structure, to obtaining the necessary licenses and implementing marketing plans. Thanks to this cooperation, investors can be confident that the process of establishing their company in Dubai will be successful and effective. We hope that this article has provided you with a comprehensive and useful overview of the procedures for establishing a company in Dubai, and we look forward to seeing your success in your entrepreneurial and business journey in this dynamic economic environment.
The most famous free zones in Dubai
Here is a list of the most popular free zones in Dubai where companies can be established in Dubai free zones easily according to special regulations and facilities:
- Dubai World Trade City (Dubai South):
It is one of the largest free zones in Dubai and boasts a wide range of international and local businesses in areas such as logistics, light manufacturing, and international trade.
- Jebel Ali Free Zone:
Jebel Ali Free Zone in Dubai is one of the famous and distinguished free zones in the emirate, providing a favorable investment environment and facilities for establishing companies.
- Dubai Media Zone Free City:
Focused on companies in the media and communications industry, media production and technology, it is home to many of the industry\\\’s leading companies.
- Dubai International Aviation Zone (DAFZA):
Considered one of the largest aviation and logistics regions in the region, it provides an outstanding environment for companies specializing in logistics and aviation.
- Dubai International Investment Zone (DIIFC):
It focuses on international and domestic financial companies and financial institutions, and includes a group of banks, investment companies, legal offices and other financial institutions.
- Dubai Knowledge and Innovation Zone (DKP):
It is concerned with companies and institutions working in the fields of research, innovation, technological development, education and training. These areas are considered one of the most famous free zones in Dubai and provide a suitable investment environment and facilities for the establishment and operation of companies in various sectors. It is always preferable to consult Etqan to understand the conditions and procedures required to establish the company in these free zones.
Looking for company formation offices in Dubai?
Itqan offers a wide range of services to establish companies in Dubai and the UAE, these services usually include:
- Company incorporation consultancy: Itqan provides comprehensive advice to clients on the steps and procedures necessary to establish companies in Dubai, including selecting the appropriate legal structure and determining the best practices to operate in the UAE business environment.
- Preparation of documents: The company prepares all documents necessary for the incorporation of companies, such as contracts, agreements, and other legal documents required for registration.
- Company Registration: Mastering the procedures for registering companies in the competent government agencies in Dubai and the UAE, including the Emirates Standards, Metrology and Ports Authority (ESMA), the Department of Economic Development, the Department of Labor, and others.
- Special Customer Services: Itqan provides customized services to customers, such as logistical arrangements, banking facilities, legal and tax support, and other services that help new companies start their business successfully.
- Legal Affairs Department: Itqan provides the services of the Legal Affairs Department to companies, such as updating records and files, complying with local and international laws and regulations, and following up on legal transactions of companies.
- Residence and visa services: The company provides services to clients to obtain residence and work visas in Dubai and the UAE, which facilitates the recruitment of foreign employees and the management of immigration issues.
- Accounting and Auditing Services: It provides accounting and auditing services to companies, including financial reporting, auditing, and compliance with taxes and financial regulations.
Itqan is characterized by providing integrated solutions to its customers, which makes the process of establishing companies in Dubai and the UAE easier and more effective.