How to register a new company in the Emirates

How to register a new company in the Emirates. The United Arab Emirates provides an ideal investment environment for creating and registering new companies. In cooperation with Itqan Company, investors can obtain the necessary assistance and guidance to easily register their company in accordance with local laws and regulations.

There are specific steps that must be followed to register a new company in the UAE. First, the investor must determine the type of company he wants to create, whether it is a sole proprietorship, a trading company, or a limited liability company.

Next, the investor has to choose a name for the company and make sure that it does not conflict with any existing company. Itqan can assist in this process by conducting the necessary research and providing guidance on suitable and available names.

Then, the investor must obtain a license from the relevant authorities in the emirate in which he wishes to register his company. Itqan Company can facilitate this process and provide support in preparing and submitting the documents required to obtain the license.

After obtaining the license, the investor must submit the necessary documents and pay the fees required to officially register the company. Itqan Company can assist investors in preparing these documents and dealing with the competent authorities to implement the registration process.

It is important that the investor is committed to following all legal procedures and local regulations to ensure the successful registration of a new company in the UAE . Itqan Company provides the necessary experience and knowledge to investors to assist in all aspects of the new company registration process in the UAE.

Basic steps to register a new company in the UAE

The UAE is one of the most attractive investment destinations in the world, providing an advanced business environment and laws and regulations conducive to establishing and operating companies. In cooperation with Itqan Company, investors can obtain the necessary assistance to successfully register their company in the UAE.

• To register a new company in the UAE, there are basic steps that must be followed. First, the investor must determine the type of company he wants to create, whether it is a sole proprietorship, a trading company, or a limited liability company.
• After determining the type of company, the investor must choose an appropriate name for the company and ensure that it is not similar to any existing company. Itqan Company can provide advice and guidance in choosing appropriate names and conducting the necessary research to verify their availability.
• Then, the investor must obtain a license from the competent authorities in the emirate in which he wishes to register his company. This requires submission of required documents and compliance with legal and regulatory terms and requirements.
• After obtaining the license, the investor must submit the necessary documents and pay the fees required to officially register the company. Itqan Company can provide assistance in preparing these documents and dealing with the competent authorities to implement the registration process.
• After completing all legal and regulatory procedures, the company is officially registered and is given a registration certificate proving the validity and legality of its existence.

In short, registering a new company in the UAE involves several basic steps that the investor must follow carefully. Itqan Company provides support and guidance throughout all stages of the registration process, ensuring that the company is registered successfully and in the required legal form.

Advantages of registering in a new company in the Emirates

The UAE is considered one of the most attractive investment destinations in the world, offering diverse opportunities and many advantages for new registered companies. In cooperation with Itqan Company, investors can benefit from these advantages and register in a new company in the Emirates.

• First and foremost, investors who register a new company in the UAE benefit from a sustainable and advanced investment environment. The UAE government is working to develop infrastructure and improve government services to stimulate investment and facilitate business.
• Secondly, investors have access to a large and diverse consumer market in the UAE and the surrounding region. The UAE is an important business point where companies can expand their business and reach new customers and multiple business opportunities.
• Third, the UAE has a developed and reliable legal and regulatory system. Registered companies are obligated to adhere to local laws and regulations, providing a stable and reliable business environment for new companies.
• Fourth, companies registered in the Emirates have access to skilled and educated workers, as employment opportunities are available for Emirati citizens and foreign residents residing in the Emirates.
• Finally, registering a new company in the UAE provides an opportunity for companies to benefit from the financial and tax incentives and facilities provided to new companies. Companies can benefit from tax exemptions, financial rebates, and financial support provided by the UAE government to boost investment.

In short, registering a new company in the UAE offers many advantages and business opportunities available in the country. Itqan Company provides support and assistance to investors in all aspects of the registration process, making it easier for them to benefit from these advantages and achieve business success.

Types of commercial licenses available in the UAE

The UAE is considered an excellent investment environment and provides a variety of business licenses for companies wishing to establish their business in the country. Itqan Company can provide support and guidance to investors in choosing the appropriate license and completing registration procedures. There are many types of commercial licenses in the Emirates , including:

• Industrial License: Allows the establishment and operation of a factory or industrial unit to produce various goods and products.
• General Business License: Allows companies to conduct general business activities, such as retail and wholesale.
• Professional Licensing: Allows companies to work in specific professional professions, such as medicine, engineering, or law.
• Tourism license: Allows companies to provide tourism services, such as hotels, restaurants, and travel companies.
• Financial licensing: allows companies to provide financial services, such as banks, insurance and investment companies.
• Logistics License: Allows companies to provide logistics, shipping and warehousing services.
• Technology licensing: allows companies to work in the field of technology and provide technological services and solutions.

The investor must choose the most appropriate license according to the company’s activity and business requirements. Each type of license requires specific requirements to be met, such as required capital, qualified employees, and required office space.

In short, there are many types of business licenses in the UAE . Itqan Company can provide assistance and guidance in choosing the appropriate license and successfully completing the registration procedures.

Documents required to register a new company in the UAE

Establishing a company in the UAE requires compliance with a set of documents and specific legal requirements. Submitting correct and complete documents is an important step in the registration process. Itqan Company provides guidance and support to investors to prepare and submit these documents correctly and effectively. The required documents depend on the type of business license and the type of company you wish to establish. Here is a general list of some of the documents that may typically be required to register a new company in the UAE:

• A copy of the passport of shareholders or main managers and partners.
• A copy of the valid residence permit of the main shareholders or directors and partners.
• A copy of the certificate of the main partners or managers.
• A signed and stamped authorization letter from the major shareholders or directors of the designated person to complete the registration procedures.
• A copy of the necessary contracts, such as lease contracts and real estate ownership contracts.
• A detailed business plan for the company to be established.
• Form for choosing a company name.
• A form to provide information about the company, shareholders and key directors.
• A list of business activities you wish to engage in.
• Companies in some special sectors may require additional documentation or special licenses, such as industrial companies or financial companies.

In short, the documents required to establish a company in the UAE vary depending on the type of business license and company conditions. Itqan Company provides support and guidance to investors to prepare and submit the required documents correctly in accordance with legal requirements.

Costs associated with registering a new company

Establishing a company in the UAE involves some costs associated with registration and business license procedures. The cost of setting up a company depends on factors such as the type of business license, the location of the company, the amount of capital invested, and other legal requirements. Itqan Company provides support and assistance to investors in estimating potential costs and expenses. The following are items that may include costs associated with registering a new company in the UAE:

Cost of government fees: Registering a company requires paying registration and licensing fees to various government agencies, such as the Department of Economic Development and the Ministry of Trade and Industry.
Cost of property: If you need office or commercial space for your company, you will have to pay rental costs or purchase the property.
Legal consultation costs: You may need to consult a lawyer to obtain legal advice and prepare contracts and documents necessary for registration.
Professional Services Costs: You may need to use accounting or financial auditing services to help you prepare financial reports and taxes.
Invested capital: Depending on the type of company and required license, registration may require specific invested capital. Capital costs include money invested in the company or assets to be purchased.
Accommodation and visa costs: If you need to reside in the UAE to run the company, you may need to pay accommodation and work visa costs.
Please note that these items are only general estimates and each company’s costs can vary depending on their individual circumstances.

In short, establishing a company in the UAE requires some costs associated with registration procedures and business licenses. Itqan Company provides support and guidance to investors to estimate and determine the costs associated with registering a new company in the UAE.

Learn about registering a new company in the Emirates

In conclusion, establishing a company in the UAE is an important process that requires adherence to specific laws and procedures. In cooperation with Itqan Company, investors can obtain the support and guidance necessary to register a successful company in the UAE.

First, the Itqan team provides assistance in determining the appropriate type of commercial license for the company to be established, whether it is a local company, a subsidiary, or a company in the freedom of trade. After that, investors are assisted in choosing the appropriate company name and verifying its availability and compliance with legal standards.

Then, the documents required to register the company are prepared, such as copies of passports and residence permits for shareholders and key managers, and certificates of partners or key managers. In addition, Itqan Company provides guidance and advice in preparing a detailed business plan and selecting appropriate business activities.

After preparing the necessary documents and contracts, they are submitted to the relevant government agencies to obtain licenses and official registration. The Itqan team coordinates with these entities and follows up on registration procedures until completion.

In short, registering a new company in the UAE requires compliance with specific laws and legal procedures. In cooperation with Itqan Company, investors can receive support and guidance to register a successful company in the UAE. From determining the type of license and choosing the company name to preparing documents and registration procedures, the Itqan team provides the experience and knowledge necessary to ensure the success of the registration process.

Frequently asked questions about how to register a new company in the UAE