Steps for establishing a company in Dubai 2024

The UAE offers many great features that motivate Arab and foreign investors to start their own businesses there. From long-term visas to the ease of implementing procedures for establishing a company, to the stability of political and economic conditions and the great diversity of investment opportunities. For this reason, in the lines of this article, we will talk about all the important information about establishing a company in Dubai. Continue reading with us to know more details.

Advantages of establishing a company in Dubai

There are many advantages that the UAE offers to investors wishing to establish a company in Dubai. The most prominent of these features is complete tax exemption for import and export operations for foreign investors. In addition to complete tax exemption if the company resides within the free zones in Dubai. Generally, Dubai is considered a wonderful investment destination, due to the great diversity of business opportunities and the tremendous technological advancement present there. In addition to all of that, Dubai also have these features: the ease of getting labor, the ease of implementing all procedures for establishing companies, and the ease of managing the company and its bank account.

Steps for establishing a company in Dubai

In order to establish your company in Dubai, you must follow these steps, knowing that these steps differ very slightly for Arab, resident, and foreign investors. And they are:

1- Choosing the economic activity

The UAE allows foreign or Arab investors to engage in certain types of economic activities only. It also prevents the practice of some other types. For this reason, you must first determine the economic activity of your company so that you can complete the steps of establishing it.

2- Determining the legal form of the company

It is not possible to establish any company in Dubai or in the Emirates before determining its legal form. You must choose one of the legal forms available in Dubai or the Emirates. Such as limited partnership companies, joint liability companies, public joint stock companies, branches of foreign companies, and others.

3- Choosing and registering the trade name

The next step in the process of establishing a company in Dubai is choosing the appropriate trade name for this company. This name must be compatible with the nature of the company’s work, and it must also fulfill the conditions related to the process of choosing this name. Such as avoiding obscene language and pre-registered brand names. After choosing the appropriate name, the investor must also register this name with the relevant authorities in the country.

4- Obtaining the initial approval

After choosing and registering the trade name, the investor must apply for an initial approval document. Which means that the UAE government does not object to establishing his own company on its territory in principle. Please note that the following steps cannot be completed before getting this document.

5- Concluding the articles of incorporation

Some types of legal companies require their articles of incorporation to be concluded at this stage before completing the rest of the steps. For this reason, if the company requires this contract, it must be concluded at this stage before completing the next steps.

6- Choosing the company’s location

The next step in the process of establishing a company in Dubai is choosing the company’s location appropriate to the nature of its business, in addition to agreeing to the conditions related to the process of choosing this location. For some emirates, the investor must submit and register office lease contracts.

7- Obtaining additional licenses

For some companies, but not all, they need some additional licenses in order for the incorporation process to take place properly. Such as licenses from some ministries or government agencies. Also, you must secure these licenses before completing the next steps.

8- Obtaining the commercial license

The final step in the process of setting up a company in Dubai is obtaining and activating the appropriate trade license. Please note that the investor is not entitled to hold more than one commercial license at the same time. However, one commercial license allows you to engage in more than one business or activity at the same time.

Why Tdabeer company?

The highly experienced team at Tdabeer Company works to implement all the necessary steps to establish your company in Dubai. This is done as quickly as possible and at the lowest costs as well. Do not hesitate to contact us to establish and start your investment business in Dubai quickly and easily. Or for any question or inquiry about the topic of today’s article.

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