Establishing companies in Dubai

Establishing companies in Dubai. Dubai is a preferred investment destination for foreign investors thanks to the favorable business environment and advanced legal frameworks it provides. Establishing a company in Dubai gives investors many advantages and opportunities that contribute to achieving their business and investment goals. By cooperating with a reliable consulting company such as Itqan Company, foreign investors are able to benefit from the experience and integrated services provided by these companies, which ensures that they complete all necessary procedures efficiently and quickly.

Itqan Company is one of the leading companies in the field of legal, financial and regulatory consulting in Dubai, as it has a team of specialized experts who provide the advice and support necessary to establish companies in Dubai in accordance with the best international standards and practices. Through close coordination with the relevant government agencies, Itqan Company ensures that all regulatory requirements are met and procedures are completed with the required speed, enabling investors to begin carrying out their activities in record time.

Moreover, Itqan Company provides a comprehensive range of integrated consulting services, including strategic planning, preparing feasibility studies, human resources management, and providing innovative financial solutions. All of this helps foreign investors establish and grow their businesses in Dubai in a smooth and sustainable manner, ensuring that they achieve the desired success.

With Itqan’s extensive experience and reputation, foreign investors can trust that they will receive the best advisory services and support needed to achieve their goals in this thriving economic center.

Establishing companies in Dubai

The different types of companies that can be established in Dubai

Dubai is one of the most attractive economic centers in the world, providing a facilitating business environment and supportive legislation for companies wishing to invest and grow. Establishing a company in Dubai offers many investment opportunities and advantages to both local and international investors. In this context, Itqan Company offers its specialized experience in helping to establish various types of companies in Dubai according to the needs and requirements of customers. The different types of companies that can be established in Dubai:

• Limited Liability Companies (LLC): These are the most popular companies among foreign investors in Dubai, as they have a flexible ownership structure and diverse business lines.
• Public joint stock companies: These companies are open for public subscription and their shares are traded in the financial market. They are an attractive option for companies wishing to access a broader capital base.
• Private Joint Stock Companies: These companies have a closed ownership structure and their shares are traded in a non-public manner. It is a suitable option for companies seeking to maintain limited ownership stakes.
• Regional and branch offices: These options are suitable for foreign companies wishing to establish a business presence in Dubai without the need to establish an independent legal entity.
• Free Zones: Free zones in Dubai provide special incentives and facilities to companies that want to take advantage of the benefits of full foreign ownership and tax exemptions.

Itqan helps its clients choose the most appropriate legal form for their business and benefit from the investment opportunities available in this leading economic center.

General procedures for establishing a company in Dubai

Setting up a company in Dubai is a structured process that includes a number of basic steps. As one of the most investment-attractive cities in the world, Dubai offers a facilitating business environment and supportive legislation for companies wishing to invest and grow. To ensure establishing a successful company in Dubai, it is important to understand the general procedures and adhere to them carefully. In this context, Itqan Company provides the necessary experience and knowledge to help facilitate this process on behalf of clients. General procedures for establishing a company in Dubai :

• Choosing the legal form of the company: Investors must determine the most appropriate legal form for their business from among the available options, such as a limited liability company or a public or private joint stock company.
• Choosing a company name: The company name must be unique and distinctive and comply with the laws and regulations in force in Dubai.
• Obtaining a commercial license: You must obtain a commercial license from the competent authority in Dubai, which varies depending on the location and type of company.
• Allocate an office or work space: Companies must provide a suitable office or work space in Dubai to register the official company address.
• Open a bank account: Companies must open a local bank account in Dubai to manage the company’s financial transactions.
• Obtaining the necessary licenses and approvals: Companies may need to obtain additional licenses and approvals, depending on the nature of their activities.

Itqan Company provides the necessary advice and assistance to investors to ensure full compliance with all legal procedures and requirements for establishing a successful company in Dubai.

Documents required to establish a company in Dubai

Establishing a company in Dubai requires submitting a set of necessary documents to the relevant authorities. These documents ensure compliance with local laws and regulations and help facilitate the registration and licensing process. As a leading consulting firm in Dubai, Itqan provides the necessary assistance and guidance to investors in preparing and submitting all required documents with high efficiency. Documents required to establish a company in Dubai :

• Business License Application Form: Companies must submit a business license application form that contains basic information about the company and shareholders.
• Proof of identity: Copies of ID cards or passports of the founders and shareholders of the company must be provided.
• Memorandum and Articles of Association: The Memorandum and Articles of Association of the company must be prepared in accordance with the laws in force in Dubai.
• Criminal record certificate: Founders and shareholders may be required to provide criminal record certificates to ensure there is no criminal record.
• Business Plan: A detailed business plan must be submitted that explains the nature of the company’s activities and its future plans.
• Property ownership certificate: If an office is rented, a copy of the lease contract or property ownership certificate must be submitted.
• Establishment fees: You must pay the fees required to establish the company and obtain a commercial license.

Itqan Company provides the necessary advice and support to investors in preparing and submitting all the documents required to establish a successful company in Dubai.

Benefits available to companies in free zones

Free zones in Dubai provide many attractive advantages for companies wishing to invest and expand in the emirate. These advantages make free zones a preferred destination for many international and local companies. In this context, we will review the most important advantages available to companies registered in free zones in Dubai. Key advantages for companies in Dubai free zones:

• 100% foreign ownership: Free zones allow 100% foreign ownership without the need for an Emirati partner.
• No taxes: There are no taxes on companies or individuals in Dubai’s free zones, which provides great financial incentives.
• Ease of doing business: Licensing and registration services are provided quickly and seamlessly with minimal bureaucratic procedures.
• Advanced Infrastructure: Free zones provide high-quality infrastructure including offices, warehouses and logistics facilities.
• Freedom to transfer capital and profits: Free zones allow companies to transfer their capital and profits abroad without restrictions.
• Supportive services: Free zones provide a range of supporting services such as legal and accounting consultations and human resources services.

In short, Dubai’s free zones provide an attractive and facilitating investment environment for companies wishing to benefit from their various advantages.

Our company’s role in establishing companies in Dubai

Dubai ‘s free zones represent a distinct investment option thanks to the exceptional advantages they provide to companies registered in them. From full foreign ownership without the need for an Emirati partner, to full corporate and individual tax exemption, advanced infrastructure, ease of doing business, and freedom to transfer capital and profits – all these advantages make Dubai’s free zones a very attractive investment destination.

To make the most of these advantages, companies wishing to establish companies in Dubai can cooperate with Itqan Company, a leading company in company establishment services and providing legal and financial consultations in free zones in Dubai. With its extensive experience and comprehensive services, Itqan will help companies launch smoothly and avoid any administrative or legal complications.

Through this cooperation, companies will be able to fully benefit from the advantages provided by the free zones in Dubai, and focus their efforts on growth and expansion in the UAE and regional market. Under the comprehensive support provided by Itqan, companies will be able to focus on their core activities and benefit from the promising economic opportunities in Dubai.

Entering the UAE market through the free zones in Dubai, in cooperation with Itqan Company, is a decisive step towards success and growth for companies aspiring to expand in the Gulf region. The opportunities available there are enormous, and the support provided by the free zones and Itqan Company makes this step a very smart and promising investment.

Frequently asked questions about establishing companies in Dubai