Establishing a company in Dubai South

Establishing a company in Dubai South, as this region is considered one of the most vibrant and economically developed regions in the United Arab Emirates. Dubai South is located close to Al Maktoum International Airport, and includes a wide range of commercial and logistical facilities that attract investors from all over the world.

In this article, we will explore what it takes to start a business in Dubai South and the opportunities available to investors in this evolving region. We’ll take a look at the procedures needed to register a company, the licenses required, and the competitive advantages that Dubai South offers to start-ups and scale-ups. We will also discuss the advanced infrastructure and logistics services available, in addition to the tax and customs opportunities that make it easier for companies to achieve sustainable growth and future financial success.

Establishing a company in Dubai South

How to establish a company in Dubai South

To establish a company in Dubai South, you must follow a number of basic steps. Here’s a short guide on how to do it:

• Choose the type of company: Decide what type of company you want to establish, such as a sole proprietorship, limited liability company, or limited liability company.
• Choosing an economic activity: Choose your main economic activity and ensure that it complies with the required permits and licenses.
• Choosing a company name: Choose an appropriate name for the company that complies with the legal regulations in Dubai South.
• Determine the ownership percentage: If there are partners, determine the ownership percentage for each partner.
• Determine the location and address: Determine the company’s location in the Dubai South area, and ensure that there is a specific and registered address.
• Preparing the necessary documents: Collecting and preparing the required documents, such as passport copies of shareholders, the company incorporation form, and partner contracts.
• Submitting an application: Submit a registration application to the Dubai Economic Development Department (DED) or to the relevant free authority in the case of establishment in a free zone.
• Obtaining approval and license: After reviewing the application and documents, you will be granted a company license if the application is approved.
• Registration with the Municipality: You may need to register with the Dubai South Municipality to obtain a work and operation license.
• Legal Advice: It is always recommended to consult with local legal counsel to ensure full compliance with local laws and regulations.

Fees for establishing a company in Dubai

Fees for establishing a company in Dubai vary based on the type of company and where it is established, and may include the following fees:

1. Registration fees: These fees are paid to the Dubai Economic Development Department (DED) or the relevant free agency. Depends on the type of company and services required.
2. Initial approval fees: Sometimes, you may need to pay a fee to obtain initial approval to establish a company.
3. Administrative Services Fee: Paid for providing administrative services and processing applications.
4. Company license fees: These fees include the costs of obtaining a company license.
5. Business fees: In some cases, an annual fee must be paid to renew a business license.

Types of companies that can be established in Dubai South

In Dubai South, several types of companies can be established that vary according to the needs and goals of investors. Among the common types that can be established include:

• Limited Liability Company (LLC): LLC is a popular form of business company in Dubai South, where shareholders have limited liability, and a limited number of shareholders come together to form the company.
• Sole Proprietorship: This form allows one individual to establish and operate the company without the need for other partners, and is considered a suitable option for individuals who start a business on their own.
• Sole Proprietorship: Similar to a sole proprietorship but requires formal registration and licenses from local authorities.
• Free Zone Company: Foreign and local investors can establish companies in free zones such as Dubai Aviation City and Dubai New Industries. Freedom zones offer benefits such as tax and customs exemptions and allowing 100% foreign ownership.
• Public Joint Stock Company: This formula is suitable for large companies that want to raise capital by selling their shares in the public financial market.
• Private Joint Stock Company: It has the same organizational structure as a listed stock company, but it does not offer its shares to the public and remains limited to private shareholders.

Documents necessary to establish a company in Dubai

To incorporate a company in Dubai , you usually need to gather a set of basic documents that vary slightly depending on the type of company and legal requirements. Here is a general list of basic documents you may need:

1. Passport copies: for all shareholders and partners in the company.
2. A recent personal photo: for all shareholders and partners.
3. Company incorporation form: It contains basic information about the company, such as its name, type, location, and proposed activities.
4. Partner contracts: If you have partners in the company, this document includes details of their shares and financial obligations.
5. No objection certificate: In some cases, you may need a no objection certificate from the partners or shareholders to establish the company.
6. Office Lease Contract: The lease contract proves the office or commercial space that the company will use as its official headquarters.
7. Business License: You need to obtain the appropriate business license for the company’s activity from the Department of Economic Development in Dubai.
8. Business plan: Some entities may request a detailed business plan that explains the company’s goals and future plans.
9. Additional legal documents: Stakeholders may require additional documents depending on the type and scope of the company, such as financial reports or special approvals.

Our company services for establishing a company in Dubai

Itqan Company provides comprehensive services for establishing companies in Dubai. These services include:

• Company Establishment Consultations: Providing comprehensive consultations on the appropriate types of companies and the procedures necessary to establish them in Dubai.
• Business Licenses: Assistance in obtaining the necessary licenses and permits to start a business, such as commercial licenses, building permits, and others.
• Government Transactions Management: Facilitating all government procedures related to establishing and operating the company, including organizing official meetings and submitting the necessary documents.
• Accounting and Financial Services: Providing accounting and auditing services, in addition to financial planning, payroll and payroll management.
• Corporate Law Services: Providing legal advice on contracts, settlements, intellectual property protection, and commercial disputes.
• Human Resources Services: Providing support in human resources management, including the preparation of policies and procedures, training and development.
• Marketing and Promotion Services: Helping startups develop marketing and promotion strategies to increase brand awareness and attract customers.

In conclusion of this article, it can be said that establishing a company in Dubai South represents an important strategic step for investors seeking to benefit from the dynamic economic environment and competitive advantages that this region offers. With its advanced infrastructure, excellent logistical facilities, and open government policies for business, Dubai South is an ideal destination for companies in a variety of economic sectors. By following appropriate legal and administrative procedures, investors can successfully achieve their business objectives and benefit from the vast opportunities available in this emerging market. Investing in Dubai South represents a strategic investment that achieves a balance between innovation and sustainability, which contributes to business growth and expansion internationally.

The most important frequently asked questions about establishing a company in Dubai South