Some people would like to know the steps and papers required to establish a company in Dubai because establishing companies in the Emirates is an important strategic step for businessmen and ambitious startups. With Dubai being considered a global business centre, the emirate provides an ideal environment for business growth and investment. In order to facilitate this process, cooperating with a reliable local company such as Itqan Company is a wise move, as the city of Dubai in the United Arab Emirates is considered one of the most important economic and commercial centers in the world. It enjoys a developed and encouraging business environment.

Which makes it an ideal destination for establishing companies. If you are thinking about establishing a company in Dubai , it is important that you are aware of the steps and papers required to achieve this successfully. Establishing a company in Dubai requires compliance with many legal and administrative procedures, and requires submitting the necessary documents to the relevant authorities. In this article, we will review some of the basic steps and papers required to establish a company in Dubai.

Steps and papers required to establish a company in Dubai

The basic steps you need when starting your company in Dubai, which are represented in the following points:

1. Determine the type of company: Before anything else, you must determine the type of company you want to establish. Do you want a limited liability company? Or maybe a partnership? Or an individual company? Selecting this command determines subsequent actions.
2. Choosing a company name: You must choose a suitable name for the company and ensure that it does not conflict with any previously registered trademarks in Dubai.
3. Determine location and address: You must determine the location of the company’s office and obtain a lease.
4. Appointment of shareholders and directors: You must determine who will be a shareholder in the company, appoint directors, and define their roles.
5. Preparing documents: Establishing a company in Dubai requires preparing a number of required documents, such as the articles of incorporation, powers of attorney, identity forms, and others.
6. Applying for licenses and permits: After preparing the documents, they must be submitted to the competent government authorities in Dubai to obtain the necessary licenses and permits to start work.
7. Cooperation with Itqan Company: Itqan Company provides comprehensive consulting services to help you in all stages of establishing your company in Dubai. From determining the right type of company for your needs, to providing assistance in preparing the necessary documents, and even helping you apply for licenses and permits, Itqan ensures that the company formation process goes smoothly in accordance with the laws and regulations in Dubai.

Establishing a company in Dubai requires a lot of planning and arrangement, but with cooperation with Itqan Company, you can simplify this process and ensure the success of your business in the emirate. By choosing the right partnership and taking the right steps, your dreams of establishing a successful company in Dubai can come true.

Necessary incorporation papers for your company in Dubai

In order to establish a company in Dubai, there are several papers that must be prepared in order to successfully establish a company. You usually need to prepare the following documents and papers:

1. Company establishment application form: It contains company details such as its name, type, activity, address, and ownership. This form is submitted to the relevant authorities to obtain official approval.
2. The company’s articles of incorporation: includes information about the shareholders, their shares in the capital, financial pledges, and the company’s administrative procedures. This contract must be signed by the founders and partners.
3. Business License Form: Contains detailed information about the proposed business activity, location and personal details of shareholders and partners. This form must be submitted to the relevant regulatory authorities to obtain a trade license.
4. Passport and visa photocopy: A passport photocopy of founders, partners and key officials must be provided, in addition to a visa photocopy if required.
5. Certificate of legal person: In the case of non-individual founding partners, such as another company or institution, it may be necessary to provide a certificate proving their existence and authority to sign the contract.
6. Bank letter: A bank letter must be obtained proving the company’s ability to transfer funds and manage financial operations.
7. Identity papers of partners and key officials: Photocopies of identification of partners and key officials, such as passports or ID cards, are required.
8. Business Plan: A detailed business plan must be submitted explaining the proposed business activity, strategy and financial projections.
   Please note that the required documents may vary slightly depending on the type of company, business activity and local laws. It is recommended to consult with Itqan Company experts to obtain an accurate list of documents required for your specific company in Dubai.

How to open a bank account for your company in Dubai.

Opening a bank account in Dubai is considered a crucial step to officially start working and carrying out the company’s financial operations. Here are the basic steps to open a bank account in Dubai for your company:

Choose the appropriate bank

Before you open a bank account, you must choose the bank that suits your company’s needs and provides the appropriate services. There are many banks in Dubai that serve local and international companies, such as Emirates NBD, Dubai Islamic Bank, Emirates NBD, and others. Before visiting the bank to open the account, make sure that you have prepared the required documents. These documents may include:

1. A copy of the company’s articles of incorporation.
2. A copy of the commercial registration certificate.
3. A copy of the passport of shareholders and directors.
4. A form for submitting an application to open a bank account to be filled out by all shareholders or authorized managers.

Visit the bank

Once the documents are prepared, visit the bank branch you chose to open the account. You can speak with the bank employee responsible for companies and submit the required documents. After submitting the documents, the bank employee may require you to review some details and sign the account opening agreement. Make sure you read all terms and conditions carefully before signing.

Types of companies in Dubai

Please note that this table only shows some common types of companies in Dubai. There may be other types available depending on the nature of the business and the company’s requirements. Before deciding on the type of company, it is always recommended to consult with Itqan experts to ensure compliance with local laws and regulations. Below is a table showing the common types of companies in Dubai:

How we help you to establish a company in Dubai

1. Providing a wide range of options to determine the appropriate path for your business.
2. We guarantee that you will get the support you need around the clock.
3. Complete transparency from the beginning until establishing a company in Dubai.
4. Providing comprehensive solutions at all stages of establishing the company.
5. Facilitating all procedures, papers and documents in a short period.
6. Assisting the investor in obtaining residency in accordance with the conditions and regulations.

Don’t think too much, you are in the right place to establish a company in Dubai , as we provide you with full assistance and professional advice, providing everything you need to save time, high costs, and wasted money. Contact us now.

At the conclusion of this article, we can conclude that establishing a company in Dubai requires preparation and good planning. It is important that you follow the necessary steps and prepare the required papers carefully. In cooperation with Itqan Company, you can benefit from their experience and knowledge of legal and regulatory procedures in Dubai.

You must also determine the type of company you want to establish according to your needs and business goals. Next, you will need to prepare the required documents such as incorporation application forms, incorporation contracts, and business license forms. You will also need copies of passports, visas, and legal person certificates, if any. A bank letter proving the company’s ability to manage financial operations must also be submitted.

In cooperation with Itqan Company, you can have an expert team that will assist you in every step of establishing the company. They will advise and guide you on the necessary procedures and required documents and will work to make this process easier for you.

The most frequently asked questions about establishing a company in Dubai