04 Mar Steps to register a company in Dubai
Now, whoever wants to register a company in Dubai has become one of the easiest steps, because Dubai has become one of the cities that will help people succeed in their projects. Because it has all the enabling factors that help the success of all business projects, Many people are looking for the best companies and commercial projects to register and employ in order to help them improve financial income and increase profits.
And now the Emirates has become one of the most Arab countries in which all people from all countries of the world seek refuge. That is why we offer you in our company services for businessmen, a company specialized in establishing companies with obtaining commercial licenses, clearing legal papers and financing all projects. It is a site belonging to an Emirati company.
Steps to register a company in Dubai
An individual must go through certain procedures in order to be able to register a company in Dubai. Therefore, we will learn about the most important procedures that an individual must complete in order to be able to own a company in Dubai, and among these steps:
- Determine the location of the company and apply to the competent authorities to register the site, taking all proofs of ownership of the place.
- It is choosing and defining the company’s trade name, which distinguishes companies from each other, so it must be identified and registered.
- Applying for a commercial license that helps the investor to start working in the company, and because with this license, the business activity that the investor wants to do will be determined.
- Pay all fees imposed by the competent authorities.
- Finally, the trade license is received.
What are the success factors companies in Dubai?
- The strategic location that Dubai enjoys among all countries of the world is one of the main reasons that make its trade routes easy, whether from or to it.
- Dubai has a modern transportation network that connects all countries of the world. This made it easier for transport operations between Dubai and other countries.
- Dubai is known for its mild climate which helps all investors to come to it.
- Dubai is characterized by its availability of all means of security and safety.
- It is characterized by political calm, which makes many investors come to it from different parts of the world.
All of these previous factors led to attracting many people to seek refuge in Dubai. With the establishment of many commercial projects out.
Initial steps in registering a company in Dubai
One of the most important initial steps that you must take to establish companies in Dubai is to know all the costs and how to determine the cost in terms of determining whether the company is small or large, how many employees there are, Determining the location in which the company is to reside and others. Therefore, the investor must be fully aware of the fees required from the new commercial licenses, in addition to obtaining visas to reside in the UAE and the papers required for the company’s employees. guarantee of employees and others.
Costs of setting up a company in Dubai
- Find out the cost of a commercial business license or what is known as a commercial license in the free zone in Dubai,
- Practicing a commercial license in Dubai is one of the most important documents that an investor needs and obtaining it in the easiest possible way.
- Find out the cost of the company’s location where the investor wants to do his business and decide whether he wants the cost of buying a new office or annual rent.
- Determine the costs of equipment and decorations for the office and the company in general, such as furniture.
- Determining the cost of visas and papers required for work permits for all employees sponsored by the company.
- The investor must open an account in the bank in the name of the company and deposit the minimum required capital according to the type of business activity of the company.
- The costs of establishing a company vary according to its legal form in terms of increase or decrease in costs. For example, industrial companies are more expensive than professional and industrial companies.
3 steps to register companies in Dubai
Dubai Department of Economic Development said, The incorporation of companies in the Emirate of Dubai, done in three steps, It also requires a time ranging from two hours to three days. To receive a business license. She pointed out that some cases of issuing licenses do not exceed 20 minutes in individual establishments. but it may reach about three days, If obtaining the license requires approval from other local or federal government agencies.
The executive director of the commercial licensing sector in the department said, Muhammad Shael Al-Saadi, for «Emirates Today», The department is keen to create an attractive climate for investors. by facilitating company registration procedures. Pointing out that «reducing the time period, to issue licenses, Dealing professionally with investors. They are one of the main reasons behind the attractiveness of Dubai.
Establishing a company in the free zone
In our business services company, we provide you with the support you need to establish your business in Dubai and give you a set of options that allow you the freedom to determine the optimal path that suits your project.
Why our company?
We help you in our company to realize the dreams of forming your company in the United Arab Emirates, We save you operational costs and time. As well as providing all aspects of support to foreign investors, whether from within the country or those coming from abroad, and facilitating all difficulties for them in order to facilitate foreign investment procedures in the Emirates and start establishing a business, starting with defining the type of activity and submitting economic and necessary feasibility studies to support your selection of the appropriate project, choosing a trade name and obtaining Get the security approval and prepare all the documents required to complete the procedures for establishing your investment project.
About free zones in the UAE
Free zones in the Emirates are not subject to the commercial laws set by the Ministry of Economy to regulate the commercial activities of companies within the city of Dubai, for example. It also offers foreign investors 100% ownership. In addition to exemption from customs duties and taxes, opening a company in the free zone does not require the presence of a partner or sponsor who is a citizen of the United Arab Emirates.
What is the free zone?
A free zone is an area where goods can be unloaded, stored or traded. or – even – manufacture it, or recycle it, and then re-exported under a specific customs law, Generally not subject to customs duties.
Free zones are separate entities. not governed by UAE labor law, The companies located in the free zone have a set of rules and regulations that govern and own them. Also, a local sponsor is not required to open a company in the free zone. The open company can also be 100% owned by nationalities other than the United Arab Emirates. or GCC countries.
Free zones in the United Arab Emirates
The United Arab Emirates has more than 40 free zones. Not only that, Even more such areas are under construction.
Setting up a company in the free zones of the UAE can be challenging. Since there are many free zones and it is difficult to choose among them, However, in our company for business services, we will assist you in determining which free zone is suitable for your commercial activity. We will also help you establish your company in the agreed free zone in the shortest possible time.
How to establish a company in the free zone?
We assure you that establishing a company in the free zone is not difficult. Companies can be registered as a free zone establishment. Or a representative or branch office in the free zone, whatever it is.
Steps to establish a company in the free zone
- Choose the preferred legal entity.
- choose a business name, We strive to be a distinguished name.
- Business license application.
- Renting office space or land.
- Obtaining the initial approval.
- Trade license registration.
- Obtaining a trade license.
Advantages of establishing a company in the free zone
- 100% foreign ownership.
- There is no local sponsor or service agent.
- 100% return of capital and profits.
- Total exemption from corporate tax, as well as from income tax.
- Also, no duties have to be paid for imports or re-exports.
- There will be no restrictions on the use of the currency.
- Open a bank account.
- Full right to apply for residence visas in the United Arab Emirates.
- Permission to own shares in other companies in the UAE, And all over the world.
We at our company seek to help you start your business in the free zones, By making the steps of establishing your company easy and simple, And without administrative expenses.