Methods and requirements for opening a commercial register in Dubai

Opening a commercial register in Dubai represents an essential and necessary step for anyone who wants to start a business in this vibrant and business city. Dubai provides its advanced infrastructure and appropriate legislative environment that makes it a preferred destination for investors from all over the world. In this article, we will learn about the importance of opening a commercial register in Dubai, the basic steps for that, the methods and requirements for opening a commercial register in Dubai, in addition to the benefits that investors can achieve through this process.

Opening a commercial register in Dubai is not just an administrative procedure, but rather the gateway that allows companies and individuals to participate in the dynamic and growing Dubai market. Whether you are planning to establish a new company or want to expand your existing business, opening a commercial register in Dubai is required to enjoy legal recognition and official operation in the emirate.

Throughout this article, we will discuss in detail how to open a commercial registry in Dubai, including the legal requirements, administrative procedures, and economic benefits of this step. You will also learn how to choose the right type of trade and provide the necessary documents to achieve success in the business world in Dubai, which contributes to achieving business goals effectively and sustainably.

Steps to open a commercial register in Dubai

If you want to open a commercial registry in Dubai , here are general steps you can follow:

1. Determine the type of business activity: Determine the type of business activity you wish to engage in. The activity must be in compliance with government permits and local laws.
2. Choosing a Company Name: Choose an appropriate company name that complies with local laws and regulations. Make sure the name does not contain words that are prohibited or legally protected.
3. Preparing the required documents: Prepare the necessary documents such as the founders’ passport, financial proofs, business plan, and any other documents required according to the type of activity and local conditions.
4. Visit the competent government authorities: Visit the competent government authority in Dubai to submit a request to open a commercial register. You can get advice on the next steps and required documents.
5. Submitting the application and paying the fees: Submit an application to open a commercial register and pay the required fees. Fees vary depending on the type of activity and geographic location.
6. Obtaining approvals and licenses: After reviewing the application and verifying the documents, you will obtain the necessary approvals and licenses to open the commercial register.
7. Opening a bank account: After obtaining a commercial registry license, open a bank account in the name of the company. This account will be necessary to manage the company’s financial transactions.
8. Registration with tax and social authorities: You may also need to register with local tax and social authorities, depending on the type of business activity and local legal requirements.
9. Rent an office or business space: Get the office or space needed to conduct your business in Dubai, and ensure that it complies with local regulations and laws.
10. Start doing business: After completing all the previous steps, you can start doing business in Dubai under your new license.

Ways to open a commercial register in Dubai

To open a commercial register in Dubai , several basic steps can be followed. Here are the basic ways to open a commercial register in Dubai:

• Choosing a business: You must first determine the type of business you want to practice. This activity must comply with local regulations and laws.
• Determine the legal form of the company: You can choose between several legal forms such as a limited liability company (LLC), a partnership, a sole proprietorship, or a joint stock company.
• Determine the location and trade name: You must determine the business location and ensure the availability of the appropriate trade name and its legal registration.
• Submitting an application to the Department of Economic Development (DED): An application must be submitted to the Dubai Department of Economic Development. The application includes providing company information, shareholders and selected business activities.
• Obtaining approvals and licenses: After submitting the application, it is reviewed and the necessary approvals are granted by the Department of Economic Development. Some businesses may require additional licenses from other government agencies.
• Registration and Fee Payment: Once approved, the company is registered and the fees required to obtain a business license are paid.
• Extracting the final license: After completing the previous steps, the company’s final license is extracted from the Department of Economic Development, and you can start working legally.

Fees required to open a commercial register in Dubai

Opening a commercial register in Dubai requires paying several fees and administrative costs that vary depending on the type of business activity and the location you choose to establish your company. Here’s an overview of the basic fees that may be required:

1. Company registration fees: These fees include the costs of registering the company itself, and vary depending on the type of company you wish to establish, such as a joint-stock company or a limited liability company.
2. Government services fees: These fees include the services provided by the government agency to process your application and issue the necessary licenses.
3. Business Fees: There may be an annual or semi-annual fee depending on the type and size of the business you are in.
4. Visa and work fees: If you need to hire foreign employees, you may have to pay fees for work visas.
5. Consulting and legal fees: You may need to engage legal advisors or consultants to help you prepare legal documents and contracts, and this requires paying a consulting fee.
6. Office and infrastructure costs: If you need an office or work space, you will need to pay insurance and rent for the office, as well as infrastructure costs such as telecommunications and internet.

Types of business activities that can be registered in Dubai

In Dubai, a variety of business activities covering various economic sectors can be registered. Here are some of the main activities that can be recorded:

• General trade: the trade of buying and selling products and goods in general.
• Wholesale and retail trade: Wholesale of goods to merchants and retail to final consumers.
• Professional services: such as engineering, legal, accounting, and management consulting.
• Restaurants and cafes: include activities that provide food and beverage services.
• Technology and software: software development, provision of technical services, and consulting in the field of information technology.
• Manufacturing and small industries: production of various products and handicrafts.
• Construction and Civil Engineering: Construction and development of engineering projects and buildings.
• Real estate and real estate brokerage: marketing and brokerage in buying and selling real estate.
• Education and Training: Providing educational and training services in various fields.
• Health and medical services: such as medical centers, clinics and private hospitals.

Documents required to open a commercial register in Dubai

To open a commercial register in Dubai, the documents required are usually as follows:

1. A copy of the passport: for both the founders and officials of the company.
2. Recent personal photos: of founders and officials.
3. Financial proofs: This can include bank accounts, account certificates, or other financial statements to prove the company’s financial capacity.
4. Business plan: A document that outlines the company’s goals and financial, administrative, and marketing plans for the future.
5. Lease contract or confirmation of ownership: Proof of the company’s business location in Dubai, whether through an office site lease contract or confirmation of ownership.
6. Legal authorization: If there is a person authorized to represent the company, an official authorization is required.
7. Application form: The application form required by the local authorities must be filled out.
8. Certificate of partners or shareholders: If there are partners or shareholders in the company, you may need certificates proving their participation.

To conclude this article, we find that opening a commercial registry in Dubai represents a crucial step for investors seeking to enter the dynamic business market in the UAE. By providing an advanced legislative environment and advanced infrastructure, Dubai contributes to attracting both national and international investments.

To open a commercial register in Dubai, you need to comply with several requirements and procedures. This includes choosing the appropriate business type, submitting required documents such as a business plan and copies of identity, and paying related fees. Then, the application is submitted to the competent authorities and processed to obtain the necessary licenses.

The most important frequently asked questions about opening a commercial register in Dubai