How to set up a company in Dubai in 7 steps? Dubai is one of the most attractive business destinations in the world, combining an ideal business environment with advanced infrastructure. Setting up a company in Dubai is a strategic step for many investors and businessmen, given the great opportunities offered by the local and international market. However, the establishment process may seem complicated at first glance. So, in this article, we will review how to set up a company in Dubai in 7 steps that can help you establish your company in Dubai easily and smoothly. From choosing the right business activity to obtaining the required licenses, we will provide you with a comprehensive guide that will ensure you start your project successfully.

جدول المحتوى
ToggleHow to set up a company in Dubai in 7 steps
Starting a company in Dubai can be an exciting and profitable experience. Here are clear steps to help you along the way:
- Determine the type of company : Determine the type of business entity you wish to establish (limited liability company, branch of a foreign company, or sole proprietorship). This depends on the nature of your business and your requirements.
- Choose your business: Choose the business you will be running, as this will affect the type of license you will need. Make sure the business complies with local laws.
- Choosing a company name: Choose a name that suits your business, and make sure it is not already in use by other companies. The name must comply with Dubai naming standards.
- Submit a license application: Submit your business license application to the Dubai Department of Economy and Tourism. You will need to submit the required documents such as copies of your passports and lease agreement.
- Provide a workplace: Determine a location for your business. This could be a private office or a co-working space, depending on the type of license you are seeking.
- Open a bank account: Open a business bank account at a local bank. You will need the required documents such as license and company details.
- Registration and Final Licenses: After receiving your license, complete any additional registrations you need (such as registering with the Dubai Chamber of Commerce). Check for any special licenses you may need depending on your business activity. By following these steps, you can smoothly set up your company in Dubai and start your business journey.
Cost Factors of Company Formation in Dubai
Establishing a company in Dubai requires considering several factors that affect the total cost. Here are the most important of these factors:
- Type of Company: The type of business entity (LLC, branch of a foreign company, sole proprietorship, etc.) varies in the costs associated with its formation. LLCs are often more expensive due to legal requirements.
- Business License: The cost of obtaining a license depends on the type of business activity. Some activities require special licenses that may be more expensive than general licenses.
- Location: The cost of renting a headquarters or office space depends on the location. Central business areas such as Dubai Marina or Downtown Dubai may be more expensive compared to other areas.
- Work Visas: You need visas for company employees. The cost of each visa may vary depending on the type and duration of the visa.
- Registration and documentation: Includes costs associated with registering the company with government agencies, such as the Dubai Chamber of Commerce and the Department of Economy and Tourism.
- Consulting Services: If you use consulting firms or law firms to assist with the process, these services will add to the overall cost.
- Administrative costs: These include costs associated with running the company, such as accounting and financial reporting.
- Insurance: Some businesses require certain insurances, which may add additional costs.
- Furniture and Equipment: You need to pay for the purchase of furniture and equipment needed to operate the business.
- These factors are essential in estimating the cost of setting up a company in Dubai, and should be taken into consideration to ensure a budget that is appropriate and suitable for the needs of your project.
Documents required to establish a company in Dubai
Establishing a company in Dubai requires submitting a set of basic documents. Here is a list of the required papers:
- Copies of Passports: Valid copies of passports of all partners or shareholders of the company must be submitted.
- Selfie: Recent selfies of each partner.
- Trade Name Registration Application: An application must be submitted to select and register the desired trade name.
- Company Articles of Association: A contract that details the establishment of the company, including the name of the company, the type of entity, and the objectives of the activity.
- Proof of address: Documents that prove the physical address of the company’s headquarters (such as a lease).
- Approval Form: Business activity approval form from relevant authorities (if required).
- Business Plan: Provide a detailed business plan that outlines the company’s goals and strategies.
- No Objection Certificate: In case of foreign partners, a No Objection Certificate may be required from the Ministry of Economy or the relevant authorities.
- Special Activity Licensing: If the activity requires special licenses, the required documents must be submitted.
- Payment Receipts: Payment receipts for registration costs and government fees.
Be sure to check the specific requirements of the Dubai Department of Economy and Tourism or the relevant government authorities, as documents may vary depending on the type of business and legal entity.
Advantages of setting up a company in Dubai
Setting up a company in Dubai comes with many benefits that make it an attractive destination for investors and entrepreneurs. Here are some of the key advantages:
- Vibrant Business Environment : Dubai is a global business hub, providing ample opportunities to network and collaborate with companies from all over the world.
- Low Taxes: Dubai offers an attractive tax environment, with no personal income tax and no corporate tax in most free zones, which increases corporate profits.
- Ease of procedures: The local government facilitates the process of establishing companies by providing fast and efficient services, which reduces bureaucratic complications.
- Advanced Infrastructure: Dubai has a modern and advanced infrastructure, including transportation, which facilitates business and promotes growth.
- Access to global markets: Dubai is strategically located between the East and the West, providing easy access to international markets.
- Diversification of the economy: Dubai’s economy is characterised by diversity, which reduces the risks associated with reliance on one sector and increases investment opportunities .
- Trained Workforce: Dubai has a highly qualified and multicultural workforce, which helps companies gain diverse skills.
- Investment Incentives: The UAE government offers a number of incentives to investors, including full ownership of companies in some free zones.
- Large consumer market: The local market in Dubai has high purchasing power, which enhances the chances of success of products and services.
- Cultural Diversity: Dubai offers a rich and diverse cultural environment, making it easier for businesses to deal with clients from different cultural backgrounds.
- These positives are key factors in attracting investors and businessmen to establish their companies in Dubai, contributing to achieving success and growth in the dynamic business environment.
Itqan Company Services in Establishing a Company in Dubai
Etqan is one of the leading companies in providing company formation services in Dubai , seeking to meet the needs of investors and businessmen by providing comprehensive and integrated solutions. Etqan provides comprehensive support from the very beginning of the project, starting from business consulting and determining the appropriate type of business entity, all the way to helping clients choose a trade name and submit the necessary applications for obtaining licenses. Etqan also cooperates with government agencies to ensure that registration procedures are accelerated and bureaucratic requirements are facilitated, saving investors time and effort. The company also provides specialized consulting services related to the local market, helping clients make informed strategic decisions that enhance the chances of success of their projects. In addition, Etqan provides its services related to bank account opening procedures and providing support in obtaining work visas, making it easier for investors to manage all aspects of their project with ease and convenience. Through its commitment to quality and professionalism, Etqan contributes to achieving its clients’ vision and achieving their business goals in Dubai’s dynamic business environment. The experience of working with Etqan ensures that investors have a smooth transition from project idea to successful actual implementation.
In conclusion, establishing a company in Dubai is a strategic step for any investor or businessman looking for a sophisticated and opportunity-filled business environment. With its advanced infrastructure, business-friendly policies, and strategic geographical location, Dubai provides an ideal environment for growth and expansion. Although there are some challenges such as legal requirements and administrative procedures, working with specialized companies such as Itqan can greatly facilitate the establishment process and save time and effort. Ultimately, establishing a company in Dubai is not only a business investment, but also a gateway to global markets and limitless business opportunities.
Frequently asked questions about establishing a company in Dubai
Can foreigners establish a company in Dubai?
Yes, foreigners can establish companies in Dubai, and they have the right to own 100% of the company in the free zones. In the local market, you may need a local partner to own a certain percentage in some cases.
What are the costs associated with setting up a company in Dubai?
Costs vary depending on the type of company, business activity, location, and number of visas required. Costs include licensing fees, office rental, registration fees, and visas.
How long does it take to set up a company in Dubai?
It usually takes between two to four weeks to set up a company in Dubai, and the time may depend on the speed of submitting the required documents and completing the procedures.