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ITQAN is a company that specializes in business setup and business growth

Company formation in Dubai

Company formation in Dubai

٠٧ أبريل Company formation in Dubai

  1. Whatever your budget and financial capacity, you can start a business, trade or provide services in the Emirates due to the different living conditions, requirements and expenses, and the different costs of establishing companies between each emirate and between the types of companies available.
  2. It is noticeable in the Emirates, especially Dubai, the high population density and the constant flow of people, whether they are capitalists, investors or skilled workers, which led to the existence of many needs for different projects and an increase in demand for products and services. Therefore, it is the best place where you can start your business, industry or provide your services, as the users and the public are present.
  3. Dubai government support for entrepreneurs and investors and facilitating all services and needs to start a business or activity in Dubai.
  4. The abundance of events and activities that stimulate the movement of trade, industry, service provision and entrepreneurship in Dubai, including Expo 2020, which is considered one of the very important and upcoming events, and the entire UAE is preparing for it now, and we will talk about it later.
  5. Prosperity of living, availability of all services with their quality, provision of security and safety, interest in health, education, transportation and all services with the permanent and continuous development of all services and bodies, which makes it the best country for investment, residence and life in.
  6. The ease and speed of government procedures, especially the procedures for establishing companies and government services. You can establish a small company or a large institution in less than a week, and even in one day you can obtain a commercial license.
  7. Another important reason is the joint Gulf cooperation between the Gulf Cooperation Council countries, which facilitates starting and managing businesses in them and moving between them easily and smoothly if you own a company in Dubai.
  8. Obtaining a residence in Dubai gives you many, many advantages, including the ease of travel to European countries, some of which do not require a visa, and the ease of entering the Gulf countries as well. Also, establishing a company in Dubai gives you a residence there for three years, and if your activity and investments are important and useful and provide development for the community, you have a great opportunity to obtain permanent residence, as the government announced soon.
  9. Diversity of life in the United Arab Emirates, by owning a company in Dubai you can live in any emirate in Abu Dhabi, Sharjah, Ras Al Khaimah, Ajman, Umm Al Quwain, Fujairah, or Dubai of course, and the lifestyles and expenses differ in each emirate from the other, which gives a healthy diversity to life and the possibility of changing the lifestyle while maintaining the high standard of living and services in any emirate within the United Arab Emirates.
  10. Dubai government’s interest in the happiness and comfort index among citizens, expatriates and residents.

Why Dubai?

Today, Dubai is one of the most suitable cities in the world for establishing companies and making various investments, thanks to the stable economic and political climate in the United Arab Emirates, in addition to the unprecedented support provided by the Dubai government to facilitate the establishment of companies and start doing business with ease and simplicity.

Our team will provide you and your partners with all the support they need during all the steps of establishing the company, starting from determining the type of activity, choosing the trade name, obtaining security approval, and then preparing all the documents required to complete the company establishment procedures in Dubai.

All you have to do is set a time to meet our experts to discuss the details of the company activity you wish to establish and provide them with all the required personal documents, and then we will, on your behalf, complete all the steps with the various government agencies in order to obtain a business license in Dubai in the shortest possible time.

The period required to obtain a business license is closely related to the type of activity or activities you wish to practice, in addition to the legal form of the company. There are commercial activities that require approvals from more than one governmental or federal entity, but the Dubai government always guarantees to all investors the provision of unparalleled services and facilities in order to make Dubai the ideal destination for establishing businesses.

Costs of establishing a company in Dubai :

  1. Cost of a commercial license “Cost of a commercial license in the Dubai Free Zone” (license to practice business).
  2. The cost of the company location or office where you want to conduct your business (annual office rent or the cost of purchasing a new office).
  3. Costs related to office furniture and decoration.
  4. The cost of work permits and visas required for employees sponsored under your company name.
  5. Open a bank account in the company’s name and deposit the minimum capital required according to the type of your business activity.

The legal form of the company also plays a fundamental role in increasing or decreasing the cost of establishment. For example, the costs of establishing industrial companies are higher than those of commercial and professional companies.

The commercial license in Dubai is the most important document you need, and of course we help you to obtain the commercial license in the easiest way possible.

The most important initial step is to know all the costs of establishing companies.

If you are planning to set up a business in Dubai, you need to determine the options in order to be able to determine the cost, such as whether the company is large or small, how many employees and where you want to set up the company?

So you need to know the fees required, because there are new business licenses that you have to obtain for a fee and a fee, in addition to obtaining visas for the company’s employees. There are costs of sponsoring employees and providing them with the necessary visas and papers in order for them to be allowed to reside in the United Arab Emirates.

Steps to establish a company in Dubai

  1. Determine the nature of the company’s activity:
  2. Determine the legal form of the company
  3. Trade name registration
  4. Get initial approval
  5. Preparing the articles of association and service agent agreement
  6. Choosing a location for your business
  7. Obtaining approvals from the authorities concerned with the facility’s activity
  8. Get License

Procedures for establishing a company in Dubai:

Before you start establishing a company in Dubai, you must follow some procedures that will qualify you to establish a company in Dubai. Here are the stages that must all be followed:

  • Choosing the activity: This is the first step to establishing a company in Dubai or establishing a company in the free zone, where you start by determining what the appropriate activity is, and this will be determined by the place where you will establish the broad base from which you will choose from all economic, professional, commercial, and industrial fields the appropriate field for you.
  • Commercial registration: This is the second step and is linked to the first stage. Your company’s trade name is what distinguishes it commercially from other companies in the same field. There are some conditions for obtaining the approval of the Department of Economic Development for commercial registration, which are:
  1. The trade name you have chosen must not be inconsistent with public taste and must not contain inappropriate phrases or words.
  1. The legal form of the company must be linked to the trade name.
  1. The company name must not be registered by another company.
  1. The trade name should also reflect the product or activity it offers.
  1. The trade name must be free of the word “Allah” or “Lord” or any of the beautiful names of God.
  1. The trade name must not include the name of any government institution or any external or partisan logos.
  • Initial approval must be obtained: This is the third step after determining the activity, commercial registration, and choosing the name of the activity. Before initial approval to establish a company in Dubai for foreigners, you must obtain the approval of the General Directorate of Residency and Foreigners Affairs.
  • Choosing the company’s headquarters: All companies in the UAE must have a fixed address in the UAE, whether establishing a company in the free zone in Dubai, such as establishing a company in Jebel Ali, or outside it, will require you to provide a lease contract certified by the Real Estate Regulatory Authority in Dubai. You can add a license to your current activity, but taking into account the following conditions:
  1. The partner in the new company must be one of the shareholders or owners of the existing company.
  1. The number of licenses owned by one citizen party shall not exceed 10 licenses for the same location.
  1. The area of ​​each license site shall not be less than 200 square feet.
  • Obtaining approvals from the entities concerned with the facility: such as legal consultations, insurance activities, and transportation.
  • Obtaining a trade license in Dubai: To obtain a trade license in Dubai there are two steps:
  1. Payment of commercial license fees.
  1. Collect all the documents you have completed in the previous stages and submit them to the Department of Economic Development.
  1. An urgent application can be submitted to obtain an instant license in Dubai and the fees for it can be paid.

Cost of setting up a company in Dubai

  1. Cost of a commercial license “Cost of a commercial license in the Dubai Free Zone” (license to practice business).
  2. The cost of the company location or office where you want to conduct your business (annual office rent or the cost of purchasing a new office).
  3. Costs related to office furniture and decoration.
  4. The cost of work permits and visas required for employees sponsored under your company name.
  5. Open a bank account in the company’s name and deposit the minimum capital required according to the type of your business activity.

The legal form of the company also plays a fundamental role in increasing or decreasing the cost of establishment. For example, the costs of establishing industrial companies are higher than those of commercial and professional companies.

The commercial license in Dubai is the most important document you need, and of course we help you to obtain the commercial license in the easiest way possible.

The most important initial step is to know all the costs of establishing companies.

If you are planning to set up a business in Dubai, you need to determine the options in order to be able to determine the cost, such as whether the company is large or small, how many employees and where you want to set up the company?

So you need to know the fees required, because there are new business licenses that you have to obtain for a fee and a fee, in addition to obtaining visas for the company’s employees. There are costs of sponsoring employees and providing them with the necessary visas and papers in order for them to be allowed to reside in the United Arab Emirates.

Investing in Dubai:-

As for residency and investment in Dubai, we must first know how to reside in Dubai and whether residency affects the existence of diverse investment in Dubai and how to choose the appropriate types or type of investment and whether residency and investment in Dubai are closely related to each other. We will answer all these questions in this topic.

Yes, we all know the support of the UAE government, especially the Dubai government, for entrepreneurs and investors and facilitating all services and needs for projects to start a new business or activity in Dubai.

Residence and investment in Dubai are closely related to each other. The many events that stimulate the movement of trade and industry in Dubai, the provision of services and entrepreneurship, all of this has made it a country that attracts many people to reside in it and invest their money in it, as this country is characterized by a prosperous life, the provision of all services, the provision of means and methods of security and safety, and the interest in both health and education, as well as transportation and all other services, with the continuous and permanent development of all services and public bodies, which makes it one of the best countries for investment, residence and life in.

We mean that residency and investment in Dubai   means real estate residency, meaning that the UAE allows foreigners to reside on its lands, buy real estate there, and invest in it through that property. In other words, a foreigner who wants to obtain real estate residency in any country usually has this residency determined by rules that govern the ownership process, such as what is the value of the property that he must own, in addition to what is the permitted period, and all of these rules differ from one country to another.

  • Real estate investment in Dubai may be subject to many rules and conditions that determine and regulate it, which are as follows:
  • The value of the property desired for investment must not be less than one million UAE dirhams.
  • The property must be complete and fully constructed.
  • The investor who owns the property must have a monthly income of no less than 10,000 UAE dirhams.
  • The application is submitted by submitting an application to obtain a visa after the property price has been paid in full to the property owner, especially in the case of purchasing the property through a loan or mortgage.
  • The applicant who wants to invest and reside in Dubai must be in good health, not suffering from any serious or contagious diseases, and must pass the medical examination designated for him to detect this, taking into consideration that the medical examination will be repeated when renewing the residence again.
  • The person who wants to reside and invest in Dubai submits an application to the General Directorate of Residency and Foreigners Affairs, attaching a photo and a copy of his passport, and submits the property ownership contract, but on condition that it is in the name of the applicant alone, and pays the visa fees. After approval of this application, the applicant will be granted a two-year residence permit, renewable if he wishes or if there are no obstacles to establishing a company in Dubai and investing in Dubai.

Company formation

We establish companies and all legal forms for all nationalities.

Investor residence

Assisting the investor in facilitating all procedures, whether establishing a company or facilitating the procedures for obtaining a long-term investor residency, according to the availability of the conditions.

Company formation – Start your business in the UAE

Years of experience in company formation and business setup in UAE. Contact us

Investment opportunities

We can help you find investment opportunities for projects in Dubai through feasibility studies or through existing projects.

Rental (offices – warehouses)

We provide offices and warehouses according to the needs of companies.

Legal Business Representation

You can assign all the legal and paperwork of your company before the government agencies to us and our team will do what is necessary.