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Opening a commercial register and business license in Dubai

الخطوات الأساسية لتأسيس شركة أوفشور في دبي

Dubai is considered one of the most prominent global destinations for business and investment, thanks to its advanced economic environment and commercial facilities. Opening a commercial registration and business license in Dubai is a crucial step for investors and entrepreneurs seeking to capitalize on the promising opportunities in this dynamic city. This process includes several procedures, including choosing the appropriate business activity, determining the legal form of the company, and obtaining the necessary approvals from the competent authorities.

One of the most prominent challenges that new investors may face is understanding the complex legal and administrative procedures and diverse requirements that vary depending on the type of business activity and the free zone in which one wants to establish. Here comes the role of Itqan Company, which has extensive experience in the field of establishing companies in Dubai. Itqan provides comprehensive services that include legal and commercial consultations, preparing the necessary documents, assisting clients in choosing appropriate legal structures, and communicating with government agencies to ensure the smoothness and speed of the process.

Itqan Company plays the role of an intermediary between the investor and government agencies, allowing investors to focus on developing their business and achieving their strategic goals without being preoccupied with routine procedures. In addition, the company provides valuable advice on investment opportunities available in various economic sectors in Dubai, which helps clients make informed decisions that enhance their chances of success.

Choosing the right partner to establish a business in Dubai can be the deciding factor in achieving success and sustainable growth. Itqan Company, with its experience and efficiency, contributes greatly to facilitating and simplifying the process of opening a commercial register and a commercial license , making it the ideal choice for investors looking to launch their business in one of the most vibrant and attractive markets in the world.

Opening a commercial register and business license in Dubai

Dubai is considered a global business center, providing an encouraging and attractive investment environment for entrepreneurs from all over the world. Opening a commercial registration and license is an essential step for companies that wish to conduct their business activities in Dubai. This process includes several stages and procedures that require compliance with local legislation and laws.

  1. Choosing a business:
    The first step involves determining the type of business activity the company wants to engage in. The investor must carefully choose the activity to ensure its compliance with local laws and obtain the necessary approvals.
  2. Determine the legal form of the company:
    Investors must determine the legal form of the company, whether it is a limited liability company, a joint stock company, or a branch of a foreign company, and others. The choice depends on the nature of the business, the number of partners, and capital requirements.
  3. Reserve a trade name:
    You must choose a trade name that is consistent with the type of business activity and the laws of the Department of Economic Development in Dubai. The trade name is reserved to ensure that it is not used by any other party.
  4. Preparing and submitting documents:
    Required documents usually include copies of partners’ passports, business plan, articles of incorporation, and other documents depending on the type of company and activity.
  5. Obtaining approvals:
    After submitting the documents, the necessary approvals must be obtained from the competent authorities such as the Department of Economic Development, Dubai Municipality, and other regulatory bodies depending on the type of activity.

By choosing Itqan, investors are guaranteed to establish their business in Dubai effectively and efficiently, benefiting from the experience and support the company provides throughout the process.

Opening

Opening a commercial register

The difference between a commercial register and a commercial license in Dubai

ElementOpening a commercial registerBusiness license
the definitionRegistering the company’s name and activity in government recordsThe legal license that allows practicing commercial activity
the purposeEstablishing a legal identity for the company and determining the type of business activityAllowing the company to conduct its commercial activity legally
required proceduresReserve a trade name, submit incorporation documents, and determine the legal form of the companyApply for the license after completing all required documents and obtaining the necessary approvals
Responsible partyDubai Department of Economic Development (DED)Dubai Department of Economic Development (DED) and other regulatory bodies depending on the type of activity
Required DocumentsCopies of passports, business plan, articles of associationInitial approvals, company registration certificate, lease contract, regulatory approvals
FeesTrade name registration fees and other registration feesAnnual commercial license issuance fees
DurationIt usually takes a few daysDepending on the type of activity and required approvals, it takes from a few days to several weeks
RenewalNot usually requiredRequires annual renewal
ValidityIt does not expire, as long as the company exists and its data is updatedAnnual validity requires regular renewal
Legal effectIt determines the company’s identity and activity and qualifies it to begin the procedures for obtaining a commercial licenseIt gives the company the legal right to engage in commercial activity

This table shows the basic differences between opening a commercial register and a commercial license in Dubai, which helps you understand each and the importance of each step in establishing a business.

Advantages of a trade license and commercial register in Dubai

Opening a commercial register and obtaining a business license in Dubai comes with many advantages that attract investors and entrepreneurs from all over the world. Below we present the advantages of both the commercial register and the commercial license :

Advantages of commercial registration in Dubai

  1. Recognized legal identity: The commercial registry gives a company a legal identity, enabling it to contract and conduct business officially in Dubai.
  2. Trade name protection: The commercial registry guarantees the protection of the company’s trade name from unauthorized use by other parties.
  3. Identification of business activity: The register identifies the type of business activity a company can engage in, which helps clarify its scope of work to customers and business partners.
  4. Facilitating contracts and transactions: It helps facilitate business operations and contracts with suppliers and customers, as the record can be consulted to verify the company’s credibility.
  5. Credibility and trust: Having a commercial record enhances the company’s credibility in the market and increases the confidence of customers and partners in it.

Advantages of a trade license in Dubai

  1. Legal right to conduct business: A trade license gives a company the legal right to conduct its business in Dubai legally.
  2. Market Access: A trade license provides access to local and international markets, enabling companies to expand and grow.
  3. Government privileges: Companies with a business license can benefit from government privileges such as financial facilities and tax incentives.
  4. Flexibility in expanding activities: A commercial license allows companies to easily add new activities and expand the scope of their business after obtaining the necessary approvals.
  5. Ability to open bank accounts: A business license enables companies to open business bank accounts, facilitating money management and financial transactions.

Opening a commercial register and obtaining a trade license in Dubai represent crucial steps for any company wishing to benefit from the attractive investment environment in the emirate. These advantages make Dubai a preferred destination for investors looking for profitable and sustainable business opportunities.

Commercial

Commercial registration in Dubai

Steps to open a commercial register and commercial license in Dubai

Opening a commercial register and obtaining a business license in Dubai involves several basic steps that require careful adherence to legal and regulatory procedures. Below are the detailed steps to open a commercial register and business license in Dubai:

  1. Choosing a business activity
    Determining the type of activity: You must determine the type of business activity that the company wants to practice. There are more than 2,000 recognized businesses in Dubai.
    Classification: Ensure that your chosen activity is properly classified according to the Dubai Department of Economic Development’s list of business activities.
  2. 2. Determine the legal form of the company
    Choosing the legal structure: Choose the appropriate legal form for your company such as limited liability company (LLC), joint stock company, branch of a foreign company, etc.
    Compatibility with partner requirements: The legal structure varies based on the number of partners and their nationalities.
  3. Trade name reservation
    Choosing a name: Choose a trade name that is consistent with the type of business activity and the laws of the Department of Economic Development in Dubai.
    Applying for reservation: Submit an application to reserve the trade name and ensure that it has not been used before.
  4. Preparing and submitting documents
    Basic documents: Collecting the required documents, which usually include:
    copies of passports for all partners.
    workplan.
    The company’s articles of incorporation and articles of association.
    Lease Preparation: Providing a lease for the office or commercial location.
  5. Obtaining initial approvals
    Submitting documents: Submit documents to the Department of Economic Development to obtain initial approval.
    Additional approvals: You may need additional approvals from other regulatory bodies depending on the type of activity (such as the Ministry of Health for health activities).

Itqan ensures that all steps are completed smoothly and efficiently, saving investors time and effort and allowing them to focus on growing their business in Dubai’s thriving environment.

Our service in your commercial license and commercial registration in Dubai

Itqan Company provides a comprehensive range of services to investors and entrepreneurs wishing to open a commercial register and obtain a commercial license in Dubai. Itqan is distinguished by its extensive experience and deep knowledge of the legal and administrative environment in Dubai, which ensures the provision of integrated and effective solutions. Here is a look at the most prominent services of Itqan Company:

  1. Legal and commercial consultations:
    Analysis of client needs: Providing customized consultations to analyze the client’s needs and understand the nature of his business activity and goals.
    Choosing the appropriate legal structure: Helping clients choose the most appropriate legal form for their company, whether it is a limited liability company, a joint stock company, or a branch of a foreign company.
  2. Trade name reservation
    Proposing trade names: Submitting proposals for trade names that comply with the laws of the Department of Economic Development in Dubai.
    Completion of reservation procedures: Carrying out all necessary procedures to officially reserve the trade name.
  3. Preparing and submitting documents
    Preparing the required documents: Preparing all necessary documents such as copies of passports, business plan, articles of incorporation, and other documents according to the type of company and activity.
    Review and submit documents: Ensure the accuracy and completeness of documents and submit them to the relevant authorities.
  4. Obtaining the necessary approvals.
    Communicating with government agencies: Managing the process of communicating with the relevant government agencies to obtain the necessary approvals to establish the company and issue the commercial license.
    Follow-up procedures: Follow up on the progress of the approvals process and provide continuous updates to customers.
  5. Issuing the commercial license
    Completing the final procedures: Managing all final steps of issuing the commercial license after completing the documents and obtaining approvals.
    License Delivery: Handing over the business license to clients and helping them understand the obligations and annual renewals required.

By choosing Itqan, investors and entrepreneurs can rest assured that all legal and administrative aspects of establishing and operating their companies in Dubai will be covered accurately and effectively. Itqan provides comprehensive and integrated solutions that help accelerate the establishment process, reduce risks, and ensure full compliance with local laws and regulations, allowing customers to focus on growing and developing their businesses with confidence and reassurance.

Your license and registration in Dubai

Opening a commercial register and obtaining a commercial license in Dubai represent vital and essential steps for any investor or entrepreneur seeking to benefit from the great opportunities offered by this global city. The multiple legal and regulatory procedures may seem complex and difficult, but they form the basis for building a strong legal identity and credibility for the company in the dynamic Dubai market.

In this context, Itqan plays a pivotal role in facilitating and simplifying this complex process for investors. Through its extensive experience and deep understanding of local laws and procedures, Itqan ensures that the process of business registration and issuance of commercial licenses is carried out smoothly and efficiently. Itqan provides legal and commercial consultations, helps in preparing the necessary documents, and facilitates communication with government agencies, allowing investors to focus on growing their business and achieving their strategic goals.

By choosing the right partner like Itqan , investors and entrepreneurs can ensure establishing their business in Dubai legally and smoothly, enhancing their chances of success in one of the most attractive and competitive markets in the world. Establishing a company in Dubai is not just an administrative step, but rather an investment in a bright future full of opportunities and possibilities.

Frequently asked questions about opening a commercial register and business license in Dubai

1. What is the difference between a commercial register and a commercial license in Dubai?

  • Commercial registration is the process of officially registering a company in government records, and determines the company’s identity and the type of business activity it engages in.
  • A trade license is the official document that allows a company to legally conduct its business in Dubai after obtaining all necessary approvals.

2. What are the basic steps to open a commercial register in Dubai?

  • Choose a business activity.
  • Determine the legal form of the company.
  • Trade name reservation.
  • Preparing and submitting the required documents.
  • Obtaining the necessary approvals from the competent authorities.

3. What types of business licenses are available in Dubai?

  • Commercial licenses: to practice various commercial activities such as buying and selling.
  • Industrial licenses: to establish and operate factories.
  • Professional licenses: for professions that depend on competence and personal skills, such as consulting and services.
  • Tourist licenses: for tourism-related businesses such as hotels and travel agencies.

4. What documents are required to obtain a business license in Dubai?

  • Copies of passports for all partners.
  • workplan.
  • Memorandum of Association.
  • Lease contract for the company’s headquarters.
  • Regulatory approvals by type of activity.

5. How long does the process of opening a commercial register and obtaining a commercial license in Dubai take?

The duration varies depending on the type of activity and procedures required, but usually ranges from a few days to several weeks.