There are different ways to establish a company in Dubai. Setting up a company in Dubai is a strategic step that requires planning and the knowledge needed to succeed. In collaboration with ITQAN, you can leverage their experience and skills to facilitate the incorporation process and achieve your business goals.

First, the ITQAN team provides advice and guidance at the planning stage, helping you determine the type of company you want to establish and determine the appropriate legal structure. They will provide you with the necessary information about the legal requirements and administrative procedures related to the incorporation of the company in Dubai.

Secondly, ITQAN will provide you with comprehensive support in the registration procedures and obtaining the necessary licenses. Her team will follow all required legal procedures and administrative transactions thoroughly and effectively. You\\\’ll be able to save the time and effort it takes, allowing you to focus on other activities that are important to your company\\\’s growth.

Third, ITQAN supports you in establishing your company\\\’s organizational structure and defining responsibilities and functions. You will receive professional advice to organize your work effectively and achieve the highest levels of efficiency and productivity.

Finally, the company gives you the opportunity to take advantage of its strong network in Dubai. You will be advised regarding the expansion, growth and opening of new branches in the region. You will be able to build strategic business relationships and expand your business. In short, your cooperation with Itqan in establishing your company in Dubai can be the key factor to your success. You will benefit from their strong experience and knowledge in the field of company formation in Dubai, paving the way for success and sustainability in the local and global market.

Ways to establish a company in Dubai

There are several ways to set up a company in Dubai, and the procedures required vary depending on the type of company you wish to set up.To set up a company in Dubai, you can follow these steps:

• Choose the type of company: You must specify the type of company you wish to establish, such as LLC, Public Joint Stock Company, Sole Proprietorship, Free Zone Company, etc.
• Choosing the name of the company: Choose a suitable and unique name for the company you intend to establish. It must be ensured that the name is available and does not conflict with the names of other companies located in Dubai.
• Bring the required documents: You need to prepare the required documents, which vary depending on the type of company and the requirements of the concerned regulator. Common documents typically include: passport copy of shareholders/officers, company contracts, professional licenses (if applicable), and financial plans.
• Submitting the registration application: Submit the registration application to the concerned regulator in Dubai, such as the Dubai Department of Commerce and Industry or the Free Zones Authority in case you wish to establish a company in a free zone.
• Payment of fees: You may be required to pay registration, licensing, and membership fees depending on the type, size, and geographic location of the company.
• Obtaining the necessary licenses: After registering the company, you will need to obtain the necessary licenses to practice the business activity, such as municipal license, building license, and health and safety license, as needed.

You should approach your local business development center in Dubai and consult with Etqan experts for specific guidance and direction regarding the company\\\’s incorporation procedures and current laws and regulations in Dubai.

Basic Steps to Setting Up a Company in Dubai

Establishing a company in Dubai is an important and exciting investment step in the global business arena. Dubai, a modern and developed city, enjoys an encouraging business environment and a thriving business climate, making it an ideal destination to start and grow a business. In this context, collaborating with ITQAN is a smart step to achieve your success in establishing your company in Dubai. Now, let\\\’s go through the basic steps of setting up a company in Dubai:

• Initial Planning: Prepare a comprehensive feasibility study for your business idea and identify your target market, competitors, and profitability expectations.
• Choose the legal type: Decide what type of company you want to establish, such as a local company, a private company, or a free-standing company.
• Trade Name Selection: Choose an appropriate name in accordance with local laws and guidelines, and be sure to register it to protect your rights.
• Company incorporation: Submit the incorporation application and collect the necessary licenses from the concerned authorities, such as the Department of Economic Development in Dubai.
• Contracts and Agreements: Prepare the necessary articles of incorporation and agreements, such as a partnership agreement or financial contracts.
• Financial Accounts: Establish a bank account for the company and develop a solid financial plan and effective accounting systems to track revenues and expenses.
• Additional licenses: Identify additional licenses that your company may need, such as business licenses or licenses for specific industries.
• Recruitment and Insurances: Recruit qualified and committed staff and ensure they are provided with health and social insurance.
• Marketing and promotion: Develop a strong marketing strategy to enhance your company\\\’s position and gain local and global customers.
• Legal and Tax Compliance: Ensure compliance with local tax laws and regulations and provide follow-up on required documents and procedures.

With your collaboration with ITQAN, you will have the necessary support and guidance at every step of the process. Their dedicated team will help you organize operations and provide crucial legal and financial information. In addition, you will enjoy their strong network in Dubai, enabling you to take advantage of local business opportunities and partnerships.

Types of companies that can be established in Dubai

If you are planning to set up a business in Dubai, you are entering a diverse world of promising business and economic opportunities. Dubai provides an encouraging environment for entrepreneurship and attracts entrepreneurs from all over the world. To begin the journey of setting up a successful business in Dubai, you need to know the different types of businesses that can be set up there. Here are some common types of companies that can be established in Dubai:

• Local Company (Limited Liability Company): Also known as “LLC”, it is the most common type in Dubai. This company requires a 51% local shareholding, while foreign partners can have a 49% shareholding. JSC is ideal for small and medium-sized businesses.
• Free Zone Company: Free zones in Dubai provide a distinct business environment with easy tax, customs and regulatory facilities. This company allows you to own the full percentage of shares and take advantage of other benefits such as tax exemptions and full foreign ownership.
• Private Joint Stock Company: This company requires higher capital and shareholders to be established. A private company is suitable for large corporations and large commercial enterprises that wish to raise capital through public listing.
• Public Joint Stock Company: This company requires high capital and is listed on the stock market. A public company is suitable for large companies and commercial enterprises that want to attract large investments and provide public shareholding to the public.

These are some of the common types of companies that can be established in Dubai. However, you should note that there may be additional requirements and legal details that vary by type of company. In cooperation with ITQAN, you will receive the cooperation with ITQAN, you will receive the necessary assistance and guidance to establish the company and comply with local laws and regulations. Ensure that you consult with a legal advisor or accountant to ensure proper regulation and legal compliance with required procedures.

Documents required to apply for incorporation of the company in Dubai

If you intend to establish a company in Dubai, the first step is to submit the application for incorporation of the company to the competent official authorities. In order to do this, you will need to have certain documents ready to submit with the application. You must be aware of the documents required to avoid any delays or problems in the process of establishing the company. Below is a list of key documents you may need to apply for incorporation of the company in Dubai:

• Registration application form: The registration application form must be filled and signed with the personal information and financial and business details of the founders and shareholders.
• Passport copy: A copy of the valid passport must be submitted to the founders and shareholders concerned with the company.
• Project Acknowledgement Letter: A letter must be submitted explaining the nature of the work and the proposed activities of the company. Commercial Registration: It may be required to obtain a commercial registration or commercial license in advance before submitting an application for incorporation, a copy of which must be submitted.
• Partnership Agreement: In case of establishing a joint venture company, a copy of the partnership agreement signed between all partners shall be provided.
• Action and implementation plan: A detailed action plan should be submitted explaining the company\\\’s vision, strategies, and plans for growth and expansion.
• Financial Asset Certificate: A bank certificate must be provided proving the existence of the financial assets required for the incorporation of the company.
• Lease Agreement: A copy of the lease agreement or a document proving the availability of the company\\\’s headquarters in Dubai must be provided.
• Personal photo: A personal photo must be submitted for each person concerned with the establishment of the company.

Please note that the list of required documents may vary slightly depending on the type of company and the official entity you are dealing with. Additional documents may be requested in some cases depending on individual circumstances. Therefore, it is recommended to verify the exact conditions and requirements of the documents required from the official body concerned with the registration of companies in Dubai, and to obtain appropriate legal advice from Etqan Company in establishing companies in Dubai.

Fees and costs associated with the incorporation of the Company in Dubai

If you are considering setting up a business in Dubai, it is important to be aware of the fees and costs associated with this process. The costs of establishing a company vary based on the type of company and the sector in which it operates, and can include a number of government fees, consulting and administrative services. The following is a summary of the fees and potential costs associated with the incorporation of the Company in Dubai.

• Registration Fees: Includes the registration, classification and licensing fees of the Company. These fees may vary based on the type of company, such as a local company or a foreign company.
• Law firm fees: If you decide to hire a lawyer or law firm to assist with the company formation process, a consulting and legal fee will be charged. These fees may vary based on the legal services provided and the complexities of the issues associated with the incorporation of the company.
• Business Address Fee: If you rent an office or commercial space to your company, you will be charged a fee for using your business address. This fee may vary by location and sometimes depends on the leased space.
• Visa and Labor Fees: If you intend to hire employees for the company, you will have to pay visa and labor fees for each employee. This fee varies based on the employee\\\’s nationality and the type of visa requested.
• Bank Account Fees: When opening a company bank account, bank account services and internal and international transfers may be charged.

Please note that this list is not exhaustive and there may be additional charges depending on individual circumstances and company needs. It is recommended to consult with ITQAN to set up companies in Dubai for precise details on possible fees and costs.

Our Company\\\’s Role in Establishing a Company in Dubai

Setting up a business in Dubai can be an exciting and rewarding challenge. Dubai offers a great environment for entrepreneurship and offers great opportunities for success. But to establish a successful company, there are several steps to take. First, study the market and identify opportunities. Then select the type of company you wish to establish and consult a legal advisor to ensure compliance with local laws. Submit the company registration application and complete the required documents. Don\\\’t forget to get a registered business address and rent a suitable business space. You may also need additional licenses depending on the company\\\’s activity. Obtain these licenses and approvals from the competent government authorities.

Don\\\’t forget to put together the right team and get the necessary work visas. You may need to collaborate with labor and immigration offices to meet the requirements. Finally, remember to plan the financial budget carefully and ensure that the necessary funds are available to establish and operate the company.

Consult financial advisors to determine expected costs and the best money management strategy. Setting up a business in Dubai can be an important start in your entrepreneurial journey. Take advantage of opportunities and use appropriate resources. With good planning and proper execution, your company can become successful and thriving in Dubai\\\’s dynamic market.

Frequently Asked Questions on Ways to Establish a Company in Dubai