How to open a company in Dubai

How to open a company in Dubai, the city of major economic opportunities in the Middle East, represents an exceptional investment destination for companies aspiring to expansion and growth. Thanks to its advanced free zones and business-friendly legislation, Dubai is an ideal gateway to enter the UAE and regional market. 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 cooperation with Itqan, companies will be able to take full advantage of the unique advantages offered by free zones in Dubai. Starting from full foreign ownership without the need for an Emirati partner, to complete tax exemption on companies and individuals, advanced infrastructure, ease of doing business, and freedom to transfer capital and profits – all these advantages make Dubai an ideal investment destination.

Thanks to Itqan’s extensive experience and comprehensive services, companies will be able to launch smoothly and avoid any administrative or legal complications. The company will provide them with the necessary support in all stages of establishing the company, including choosing the appropriate business activity, obtaining the necessary licenses, preparing offices, hiring employees, and other necessary matters.

Through this cooperation, companies will be able to make the most of the enormous economic opportunities in Dubai, and focus on their growth and expansion in the UAE and regional market . Entering the UAE market through the free zones in Dubai, in cooperation with Itqan Company, is a decisive step towards success and excellence.

How to open a company in Dubai

Types of companies that can be opened in Dubai

Dubai, the leading financial and commercial center in the Middle East, offers a variety of opportunities to establish companies in various economic sectors. Due to the supportive business environment and attractive investment legislation, investors and entrepreneurs can establish thriving businesses in this global city. Types of companies that can be opened in Dubai:

• Free zone companies: Dubai free zones are an ideal gateway to enter the UAE and regional market. These companies benefit from significant advantages such as full foreign ownership, tax breaks, and ease of doing business.
• Professional services companies: This category includes law, legal, engineering, accounting, auditing, and other specialized professional services. These companies benefit from Dubai’s advanced regulatory environment and services.
• Trade and distribution companies: Dubai is a major logistics hub in the region, making it an ideal place to establish trading and distribution companies that take advantage of the advanced infrastructure and strategic location.
• Technology and innovation companies: Dubai encourages entrepreneurship and innovation through specialized business programs and incubators, making it a favorable environment for establishing companies in the fields of technology and modern technologies.
• Hospitality and Tourism Companies: Being a global tourism destination, Dubai is an ideal home for setting up companies in the hotel, dining, entertainment and tourism sectors.

In cooperation with Itqan, a leading company in company formation services, investors and entrepreneurs can take full advantage of these opportunities and create successful companies in Dubai.

Basic steps to open a company in Dubai

Dubai, the leading financial and economic center in the Middle East, offers an attractive business environment and promising opportunities for establishing companies. Thanks to supportive legislation and advanced infrastructure, investors and entrepreneurs can follow simple steps to establish their companies in this global city. Basic steps to open a company in Dubai :

• Determine the type of company and business activity: The first step is to choose the legal form of the company (such as a limited liability company or a free zone company) and the business activity you want to practice in Dubai.
• Obtaining a commercial license: After determining the type of company, you must obtain a commercial license from the competent authorities in Dubai. This process requires submitting the necessary documents and paying the required fees.
• Choosing the appropriate location and property: A suitable location must be chosen to carry out the commercial activity, whether in the free zone or within the Emirate of Dubai. Then conclude a lease contract for the appropriate office, warehouse or facility.
• Complete registration and licensing requirements: In addition to the business license, the company may need to obtain other licenses such as a professional business license, municipal licenses, or others depending on the nature of the activity.
• Attracting human resources: Qualified cadres must be employed and the company structure must be determined. Residence visas must also be obtained for foreign employees.

Open a bank account and complete the financial requirements: You must open a bank account for the company and secure the capital necessary to start business operations.
In cooperation with Itqan Company, an expert in establishing companies, investors and entrepreneurs can benefit from these simple steps to successfully establish their companies in Dubai.

Documents required to open a company in Dubai

Dubai, the leading financial and commercial center in the region, has attracted the interest of many investors and entrepreneurs aspiring to establish their companies in this thriving city. The legal regulation and facilities provided by the authorities in Dubai have made the process of establishing companies in the emirate very simple and clear. In this context, we present to you a list of documents required to open a company in Dubai . Documents required to open a company in Dubai :

passport:

• A copy of the passport for each founder/partner in the company.
• The passport must be valid for a period of no less than 6 months.

Personal Photos:

• Two recent personal photos for each founder/partner in the company.

Company incorporation application form:

• Complete the application form for the authority responsible for establishing companies.

Company incorporation contract:

• Preparing the company’s articles of incorporation in accordance with the requirements of the authorities in Dubai.

Certificate of reputation and conduct:

• Providing a valid reputation and conduct certificate for each founder/partner.

Necessary approvals:

• In some cases, the company may require obtaining additional approvals or licenses from the relevant authorities.

Required capital:

• Proof of availability of the minimum capital required to establish the company.

In cooperation with a local consulting firm, investors and entrepreneurs can benefit from this list to prepare the necessary documents and ensure a smooth process of establishing their companies in Dubai.

Benefits available to companies in free zones

Benefits available to companies in free zones

Dubai, as a global business hub, offers many advantages to companies wishing to establish a presence in the emirate. In this context, Dubai free zones are one of the most attractive options for companies due to the advantages they provide. Below we will review the most prominent of these advantages: Advantages available to companies in the free zones in Dubai:

• Tax exemptions: Companies established in free zones are exempt from income tax and customs duties on imports and exports.
• Fully foreign ownership: Foreign companies are allowed to own 100% without the need for an Emirati partner.
• Ease of establishment and operation: Establishment and operation procedures in free zones are simpler and faster compared to other zones.
• Advanced infrastructure: Free zones provide advanced infrastructure, including offices, logistical services, and other facilities.
• Freedom to transfer capital and profits: Companies are allowed to transfer their capital and profits without restrictions.

Support services and facilities: Free zones provide a wide range of support services and facilities for companies.

These advantages make Dubai free zones an attractive strategic option for companies wishing to expand and grow in the Middle East.

Learn how to open a company in Dubai

In conclusion, opening a company in Dubai in cooperation with Itqan Company is an attractive strategic option for companies aspiring to expand in the Middle East. Dubai, with its strategic location, advanced infrastructure and supportive economic climate, offers an ideal platform for establishing and operating a business. In cooperation with Itqan Company, which has extensive experience in the field of free zone services in Dubai, companies can benefit from the various advantages provided by these zones, from tax exemptions to full foreign ownership and ease of establishment and operation procedures. Itqan Company also ensures that the process of establishing the company goes completely smoothly, as it provides clients with the necessary legal and administrative support, in addition to assistance in choosing the appropriate location and preparing it according to business needs. In light of the challenges that companies wishing to expand in the region may face, cooperation with Itqan Company represents a comprehensive solution that guarantees the success of the project and the achievement of the desired goals. Therefore, opening a company in Dubai in cooperation with Itqan Company can be the first step towards achieving growth and success in the regional and global markets.

Frequently asked questions about how to open a company in Dubai