One Central – Offices No. 4 Dubai | Office: +971 45686046
ITQAN is a company that specializes in business setup and business growth

What does it mean to obtain security approval when establishing a company in Dubai?

تكلفة رخصة تجارية بالمنطقة الحرة دبي

٢٥ مايو What does it mean to obtain security approval when establishing a company in Dubai?

What does it mean to obtain security approval when establishing a company in Dubai? The process of establishing a company in Dubai is one of the most important steps that many businessmen and investors seek, given the ideal business environment and competitive advantages that the emirate provides. Among the necessary procedures that investors must adhere to is obtaining security approval. This approval is a vital step, as the relevant authorities ensure that the background of investors is evaluated and that there are no security obstacles that may affect the workflow. In this article, we will discuss the importance of obtaining security approval, the procedures followed, and its impact on the process of establishing companies in Dubai.

What

What does it mean to obtain security approval when establishing a company in Dubai?

Obtaining security approval when establishing a company in Dubai means conducting a comprehensive security assessment of the investor or shareholders in the company to ensure that there are no security threats or criminal records that may affect the business activity. This process includes several key points:

  1. Identity Verification : Personal documents are checked and the identity of investors and shareholders is verified.
  2. Criminal History: Security clearance includes reviewing any potential criminal records to ensure that the individuals involved do not have any prior history that could hinder the process of establishing the company.
  3. Public Safety: The approval aims to protect the community and ensure that business activities are in line with the laws and regulations in force in the country.
  4. Necessary step: This approval is considered one of the basic procedures that must be completed before issuing a commercial license, reflecting the government’s keenness to enhance the business environment and ensure its safety.
  5. Waiting time: The process of obtaining security approval can take some time, so investors should plan accordingly. Overall, security approval is a vital step in the Dubai government’s efforts to enhance transparency and security in business.

Security approval for establishing companies in Dubai

Security clearance is an essential step in the process of establishing a company in Dubai, as it contributes to promoting a safe and sustainable business environment. Security clearance is a comprehensive assessment carried out by relevant authorities, such as the Ministry of Interior or the Department of Combating Economic Crimes, to verify the background of potential investors or partners. This process includes checking the identity and criminal history of the individuals concerned, ensuring that there are no criminal records or security threats that may affect the business activity. Security clearance aims to protect society and the economy from illegal or suspicious activities, and reflects the Dubai government’s commitment to promoting transparency in business. This approval is necessary to obtain a trade license, and contributes to building greater confidence between investors and the community. Obtaining security clearance can take a period of time that may range from several days to weeks, depending on the complexity of the case and the number of applicants. Investors are advised to prepare well and submit all required documents accurately to facilitate the process. Through these procedures, Dubai seeks to attract foreign and local investments and promote economic growth, while ensuring compliance with local laws and public security. Therefore, security clearance is a vital component of Dubai’s strategy to become a leading business hub worldwide.

Documents required to obtain approval for investment in Dubai

To obtain security approval to invest in Dubai , investors need to submit a set of basic papers and documents. The requirements vary slightly depending on the type of investment or company, but in general, the required papers include:

  1. Copy of Passport: Must be valid for all investors and shareholders.
  2. Personal photo: recent, passport size, for ID.
  3. Application form: The security clearance application form must be completed, which is usually available from the relevant authorities.
  4. Company documents: such as the articles of incorporation, bylaws, and company registration data (if any already exist).
  5. Business Plan: Includes details about the nature of the business, proposed products or services, and marketing strategies.
  6. Proof of address: such as a utility bill (water or electricity) or an office lease.
  7. Medical report: Some cases may require submitting a medical report proving that the applicant is free from any infectious diseases.
  8. Approval Fee: Pay the required fees to obtain approval.
  9. Additional documents: Local authorities may require additional documents depending on the type of activity or size of investment.
  10. It is advisable to check the official website of the relevant authorities or consult a legal services company such as “Atqan” to obtain accurate and up-to-date information about the required documents.

Advantages of investing in Dubai

Investing in Dubai is an attractive option for many investors and businessmen around the world, thanks to the many advantages offered by the emirate. The most prominent of these advantages are:

  1. Favourable Business Environment: Dubai offers a dynamic and enthusiastic business environment, with flexible laws that support innovation and growth.
  2. Multiple economic options: Dubai offers investment in a variety of sectors, including tourism, real estate, trade, technology, and manufacturing.
  3. Tax incentives: Dubai does not impose taxes on companies or individuals, making it an ideal destination for investors looking to preserve their profits.
  4. Full foreign ownership: In many free zones, foreign investors are allowed to fully own their companies without the need for a local partner.
  5. Advanced infrastructure: Dubai has a modern infrastructure and a developed transportation network, which facilitates the movement of goods and people.
  6. Strategic Geographic Location: Dubai is centrally located between East and West, making it an ideal starting point for global trade.
  7. Banking Facilities and Financial Services: Dubai offers a wide range of banking options and financial services, including local and international banks.
  8. Investor Protection: Local laws guarantee investors’ rights and provide mechanisms for resolving disputes, which enhances confidence in the market.
  9. Political and economic stability: Dubai is considered one of the most stable cities in the region, making it a safe destination for investors.
  10. International events and exhibitions: Dubai hosts many international trade fairs and events, providing opportunities for networking and expanding networks. Together, these features enhance Dubai’s attractiveness as an investment destination and support business growth.

What

Itqan Company services in providing security approval in Dubai

Atqan Company provides a range of distinguished services to help investors and businessmen obtain security approval, which facilitates the process of establishing companies in Dubai . Atqan services in this field include:

  1. Legal Consultations: The company provides comprehensive legal consultations related to security clearance requirements, helping clients better understand the procedures and requirements.
  2. Document Preparation: Itqan assists in preparing and compiling all documents and papers required for security clearance, ensuring accurate and complete information is provided.
  3. Submitting applications: The company submits applications to the relevant authorities on behalf of the clients, which facilitates the approval process and reduces any potential delays.
  4. Request Status Tracking: Itqan follows up on the security approval status with the relevant authorities, ensuring that customers are always informed of the developments of their requests.
  5. Advice on procedures: The company provides guidance on the procedures required before and after obtaining security approval, helping investors plan effectively.
  6. Speeding up the process: With its extensive experience and knowledge of the local system, Atqan seeks to speed up the security clearance process and reduce waiting time.
  7. Continuous Support: Itqan provides continuous support to clients throughout all stages of the establishment process, which enhances investors’ confidence in their procedures.
  8. Through these services, Atqan facilitates the process of obtaining security approval, allowing investors to focus on growing their businesses and achieving their commercial goals in Dubai.

In conclusion, security clearance is a vital step in the process of establishing companies in Dubai , as it contributes to ensuring a safe business environment and enhancing confidence among investors and the community. By assessing the backgrounds of investors and ensuring that there are no security threats, this approval helps achieve the sustainable economic development goals sought by the Dubai government. Moreover, investors’ commitment to complying with these procedures reflects their professionalism and willingness to abide by local laws. Thanks to companies like Atqan, it has become easier for investors to navigate the security clearance requirements, which facilitates the establishment process and increases the chances of success. Therefore, obtaining security clearance is not just a routine procedure, but a strategic step that opens the doors to economic opportunities and supports sustainable growth in the growing Dubai market.

Frequently asked questions about security approval to establish a company in Dubai