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Dubai Commercial Register Law

٢٠ أبريل Dubai Commercial Register Law

The Dubai Commercial Register Law is one of the legal foundations that regulate trade and investment in the emirate. This law aims to provide a clear legal framework that facilitates the process of registering companies and institutions, which enhances the business environment and contributes to the growth of the local economy. The Dubai Commercial Register Law includes precise requirements and procedures that must be followed by investors and businessmen, as it requires registering the trade name, submitting the required documents, and obtaining the necessary licenses. By regulating these processes, the Commercial Register Law contributes to protecting the rights of traders and consumers alike, reflecting Dubai’s commitment to providing a safe and attractive investment environment.

Dubai

Dubai Commercial Register

The commercial register for establishing a company in Dubai is the legal system that deals with registering companies and commercial establishments, and is considered an essential step for anyone wishing to enter the business world in the emirate. Under the supervision of the Department of Economic Development, the commercial register aims to enhance transparency and integrity in commercial activity, which contributes to attracting local and foreign investments.

The registration steps include choosing a unique trade name that matches the nature of the business and reflects its identity. After that, an official application must be submitted that includes the required documents, such as an ID and passport, in addition to specifying the business activity that will be practiced. Initial approval from the competent authorities is a necessary part of this process, as the application is examined to ensure that it complies with local laws and regulations.

After fulfilling the requirements, the registration fees are paid, after which the commercial register is issued, which is a legal license that authorizes the company to officially practice its commercial activities. The commercial register in Dubai reflects the government’s commitment to providing a competitive and safe business environment, which enhances opportunities for economic growth and prosperity. It also contributes to protecting the rights of investors and consumers, and enhances the emirate’s reputation as a leading business hub worldwide.

Conditions for opening a commercial register in Dubai

To open a commercial register in Dubai , investors must adhere to a set of basic conditions and procedures. Here are the most important conditions:

  1. Choosing the type of business activity: The activity to be practiced must be determined, and it must be consistent with the activities permitted in the emirate.
  2. Choosing a trade name: A distinctive name must be chosen for the commercial register, and it must comply with applicable laws and not conflict with the names of other companies.
  3. Determine the legal form : The appropriate legal form for the company must be chosen (such as a limited liability company, a branch of a company, etc.).
  4. Obtaining the necessary approvals : Some activities may require obtaining additional approvals from the relevant government authorities.
  5. Payment of fees: The fees related to issuing the commercial register must be paid.
  6. Company registration with the Department of Economic Development: The application must be submitted to the Department of Economic Development in Dubai.

Procedures and conditions can vary depending on the type of business and location, so it is best to consult specialists or companies such as “Atqan” to ensure compliance with all requirements.

Steps to register a company in the Dubai Commercial Register 

First, you must choose a trade name that is consistent with the desired business activity. Make sure that the name is not previously registered and does not violate the laws. Here are the basic steps for the commercial registration law in Dubai :

  1. Determine the trade name: Submit a trade name registration application to the Dubai Department of Economic Development (DED).
    Attach the required documents such as passport and a copy of the ID card.
  2. Obtaining approvals: Waiting to obtain initial approval from the relevant authorities, including government agencies related to your activity.
  3. Specify the business activity: Specify the business activity or activities you wish to register, as this determines the type of licenses required.
  4. Submitting legal documents: Submitting the required documents such as the articles of association or bylaws if the company is a limited liability company.
  5. Paying fees: Paying the fees required to register the company and obtaining the commercial license.
    Receiving the commercial register: After final approval, you can receive the commercial register that allows you to practice the business activity legally.

Advantages of the commercial register in Dubai

The commercial register in Dubai has many advantages that enhance the business environment and help investors and businessmen achieve their goals. The most prominent of these advantages are:

  1. Facilitating procedures: The commercial register provides quick and easy procedures for registering companies, reducing the time and effort required to start a business.
  2. Protection of intellectual property rights: The commercial register provides legal protection for intellectual property rights, ensuring that the trade name or trademark is not used by others.
  3. Improving trust: Having an official commercial record enhances the trust of customers, suppliers and investors in the company, which contributes to building a good reputation in the market.
  4. Facilitating access to financing: The commercial register contributes to facilitating the process of obtaining financing from banks and financial institutions, as it is considered an official document that enhances the company’s credibility.
  5. Tax benefits: Investors may obtain some tax benefits and facilities from the government, which enhances the feasibility of the investment.
  6. Access to global markets: The commercial register allows investors to open the doors to export and import, which expands the scope of business and contributes to global expansion.
  7. Possibility of participating in tenders: The commercial register allows companies to participate in government and private tenders, which enhances job opportunities and growth.
  8. Ease of expansion: The commercial register facilitates the process of opening new branches or expanding business activities, which enhances the company’s growth.

With these features, a commercial register in Dubai is an essential tool for anyone who wants to establish a successful business in a dynamic and thriving business environment.

Dubai

Documents required to open a commercial register in Dubai

To open a commercial register in Dubai, you need to submit a set of basic documents. Here are the required papers:

  1. Trade name registration application form: Obtained from the Department of Economic Development.
  2. Copy of Passport: Must be valid for company founders.
  3. Copy of Emirates ID: for UAE individuals or companies.
  4. Company Articles of Association: In the case of limited liability companies, the Articles of Association or Partnership Agreement must be submitted.
  5. Business Activity Statement: A document that describes the activity or activities that will be undertaken.
  6. Initial approval: If your business requires additional approvals, such as certain activities that require special permits.
  7. Additional documents: You may need to provide additional documents depending on the type of activity, such as health certificates or licenses from other authorities.
  8. Location Documents: If you have a business premises, you may need to provide a document proving ownership or lease of the premises (such as a lease agreement).
    Make sure to review and have all documents fully prepared before applying, as this will help speed up the process of obtaining the commercial registration.

In conclusion, opening a commercial register in Dubai is a vital step for anyone seeking to enter the business world in a developed and thriving investment environment. By following the specified steps and submitting the required documents, investors and businessmen can legally establish their companies and benefit from the many advantages offered by the emirate. The commercial register contributes to enhancing trust between customers and partners, and supports economic growth by providing a clear legal framework that facilitates business operations. With the Dubai government’s commitment to providing an attractive environment for investment, the process of opening a commercial register remains a key to the future success of businesses, enabling investors to achieve their goals and contribute to the sustainable development of the local economy.

Frequently asked questions about the Dubai Commercial Registry Law