Opening a commercial register in Dubai

Opening a commercial register in Dubai is a crucial step for individuals and companies wishing to engage in business within the Emirate of Dubai, which is one of the most prominent economic centers in the Middle East. Opening a commercial register in Dubai allows individuals and companies to obtain legal legitimacy to officially practice their commercial and professional activities.

The procedures for opening a commercial register in Dubai include choosing the appropriate commercial activity, ensuring its compliance with local legislation, and determining the location where commercial operations will take place, whether it is within the local market or in one of the free zones that provide incentives and flexibility in commercial laws.

Opening a commercial register in Dubai also requires fulfilling the required administrative and legal procedures, which include submitting necessary documents, such as personal photos, passport, business plan, and office lease contract, if necessary. New investors should also benefit from the support and advice provided by local experts to facilitate the process of opening the commercial register and ensure full compliance with local legislation and laws.

In short, opening a commercial registry in Dubai is a vital and necessary start to entering the dynamic business market in the UAE, providing opportunities for growth, expansion and achieving success in an advanced and evolving economic environment.

Opening a commercial register in Dubai

What is the trade registry in Dubai?

The Dubai Trade Register is an official register used to register companies and commercial activities conducted within the Emirate of Dubai. The Trade Registry is an essential part of Dubai’s business structure, where individuals and businesses register to gain legal recognition and comply with local laws and regulations.

The Trade Registry is usually managed by the Dubai Department of Economic Development or the entity responsible for economic registration in the emirate. Its main function is to register new companies and update data for existing companies, including information about partners, business activities and the official business location.

Registering a company in the Trade Registry is a crucial step to start a business legally in Dubai, as it contributes to providing legal protection to business owners and gives them appropriate rights and obligations within the local legal system. The required procedures and conditions for registering companies in the Trade Registry vary based on the type of company and the legal legislation in force in Dubai and the United Arab Emirates in general.

Steps to open a commercial register in Dubai

Opening a commercial register in Dubai includes several basic steps that need to be followed carefully to ensure legal compliance and officially start business activities. Here are general steps to open a commercial register in Dubai:

1. Choosing a business activity: You must first determine the type of business activity you want to practice, and ensure that it complies with local legislation and regulations in Dubai.
2. Determine the location: You must determine the location where you will conduct your business activities, whether within the local market or in one of the free zones that provide tax incentives and flexible commercial laws.
3. Trade name registration: Opening a commercial register requires registering the company name or trademark with the competent authorities in Dubai. The name chosen must be unique and not similar to other existing company names.
4. Preparing the necessary documents: You must prepare your personal documents such as your passport, personal photos, business plan, office rental contract if necessary, and any other documents required by the local authorities.
5. Submitting a registration application: After preparing the documents, the registration application must be submitted to the relevant authorities in Dubai, and this procedure can be done online or in person according to the administrative system for registration.
6. Payment of fees: This step includes paying the fees required to issue the commercial license and register the company, and various costs must be taken into account, which may include registration and license fees and other administrative services.
7. Receiving the commercial license: After reviewing the application and documents, and paying the fees, the commercial license is issued, which is the official certificate allowing the practice of commercial activity in Dubai.
8. Compliance with tax and legal legislation: New business owners must ensure compliance with all applicable legal and tax legislation in Dubai, and review financial and administrative obligations on a regular basis.

Costs of opening a commercial register in Dubai

The costs of opening a commercial register in Dubai vary based on several factors, including the type of business activity, the location of the company, and the actual size of business operations. In general, costs can be divided into several main aspects:

• Registration and license fees: These fees include the costs of registering the company name and the necessary licenses to practice business activity. These fees vary based on the type of activity and the location of the company.
• Administrative services costs: These expenses include the costs of legal and accounting consultation, and any other administrative services that may be required during the process of opening the commercial register.
• Real estate costs: If it is necessary to rent an office or space to conduct business activities, the rental costs will be part of the total costs.
• Government services fees: These fees include services provided by the relevant government agencies during the review of the application and documents.

Conditions for opening a commercial register in Dubai

Opening a commercial register in Dubai requires compliance with a number of conditions that ensure the business is operated legally and orderly. These conditions may vary depending on the type of business and the regulatory body with which it is registered, and typically include:

1. Personal Identity: Founders must submit copies of passports or personal ID cards to register.
2. Business address: An accurate address must be provided for the business, whether it is in an approved office or mall.
3. Type of business activity: The type of business activity that will be practiced must be precisely determined, as special permits may be required for some activities.
4. Partners and shareholders: In the case of companies, accurate information about partners or shareholders must be provided, including their names, nationalities, and shares in the company.
5. Registration fees: You must pay the fees required for the commercial registry registration process, which vary according to the type of company and location.
6. Legal Compliance: The company must be registered in accordance with local laws and regulations, which sometimes include additional requirements such as tax benefits and social insurance.

Documents required to open a commercial register in Dubai

To open a commercial register in Dubai, the following papers are usually required:

• A copy of the passport or ID card: for each partner or founder in the company.
• Company registration application form: filled out and signed by all partners or founders.
• Authorization form (if necessary): If there are agents or legal representatives.
• A copy of the lease contract or rental license: proving the business address to be registered.
• A bank letter proving the company’s required capital (if necessary): The required capital will be different depending on the type of company.
• Business plan: Some entities may request a business plan that explains the proposed activities and financial expectations.
• Additional certificates and permits (if necessary): Some special activities may require additional permits from the relevant authorities.
• Other legal documents: Other registration authorities may request additional documents depending on the type of company and local legislation.

In the conclusion of our article on opening a commercial register in Dubai , we can emphasize the importance of this step as a crucial step for any investor seeking to start his business in Dubai. Opening a commercial register is not just an administrative procedure, but rather a strategic step that contributes to achieving success and stability for the company. Dubai provides a favorable investment environment thanks to its advanced infrastructure, flexible economic policies, and strong government support.

By opening a commercial registry in Dubai, an investor can benefit from access to a thriving and diverse international market, thanks to Dubai’s strategic location as a global business hub. The commercial register also allows the company to benefit from advanced infrastructure, educated human resources, and advanced technology that supports growth and expansion.

Besides the economic benefits, opening a commercial registry in Dubai also provides opportunities for companies to contribute to sustainable and social development, and promote creativity and innovation in multiple fields. The commercial register also enhances transparency and credibility in business operations, which enhances the company’s attractiveness to customers and business partners.

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