The commercial licenseAnd the advantages that the investor gets when obtaining the commercial license.
Investors tend to establish projects and investment businesses in Dubai, especially without other countries. Thanks to the advantages and facilities provided by the government to develop the investment process and facilitate procedures, steps and transactions with government agencies in Dubai.
Conditions for opening a commercial register in Dubai
Dubai is one of the most welcoming investment cities for investors from various countries. The government in Dubai has supported entrepreneurs to practice business and establish companies in easy steps and procedures that include obtaining a commercial license and opening a commercial register. Here are the conditionsOpen a commercial register in Dubaias follows in the following points:
- You must register as a member of the Dubai Chamber of Commerce in order to work legally and is one of the conditions for opening a commercial register in Dubai.
- The second condition for opening a commercial register in Dubai is that the costs of obtaining a commercial license in Dubai must be paid within 30 days of issuing the payment authorization. Otherwise, if payment is not made within 6 months from the date of issuing the payment authorization, the transaction will be cancelled.
- Obtaining an official commercial license and renting a lease contract for the company’s business location.
- Sending the required documents to the Department of Economic Development in Dubai is one of the most important conditions for opening a commercial register in Dubai.
- Paying the value of the capital required in the company’s commercial registry data, which is one of the conditions for opening a commercial registry in Dubai.
Documents required to open a commercial register in Dubai
Conditions for opening a commercial register in Dubai include submitting several documents as follows:
- Completed application form to start a business in Dubai.
- The company’s articles of incorporation, if necessary.
- A copy of the passport of the company owner.
- A brief description of the business activity to be established.
Places to obtain a commercial register in Dubai
An important point within the conditions for opening a commercial registry in Dubai is to know the places for obtaining the commercial registry in Dubai. Examples of the places available for the commercial registry include:
- Happiness Lounge in the main economic building in Dubai.
- Authorized service center in Dubai Economy.
- Dubai Economic Centre’s electronic application.
Steps to obtain a commercial license in Dubai
To opena commercial register in Dubai you must apply for a commercial license in Dubai by carrying out legal procedures and submitting documents related to the company or project that is to be established in Dubai, here are the stepsto obtain a commercial license in Dubai:
- Determine the nature of the economic activity that will be carried out within the company in Dubai, and this step depends on several other procedures, such as: the type of commercial license, the work area, and the legal form that will be dealt with in accordance with the regulations and laws in Dubai.
- Choose a trade name for the company that suits the nature of the activity that was previously chosen, and that the company’s trade name complies with the regulations and laws and register it with the Department of Economic Development in Dubai.
- Determining the legal form of the company or commercial project is an essential step. The legal form of the company must be compatible with the nature of the economic activity that was previously chosen.
- Obtaining initial approval from the competent government authorities to approve the trade name and nature of activity for the company in Dubai.
- Choosing the appropriate workplace for the company, by purchasing a plot of land or renting an office space in Dubai and providing a contract certified by the Dubai Real Estate Regulatory Authority.
- Obtaining additional approvals necessary for work from government agencies concerned with the nature of the company’s activity in Dubai.
- Now it is possible to obtain a commercial license to operate and establish businesses in Dubai legally, and after paying the costs required for the license, you must register with the Dubai Chamber of Commerce as a member.
Advantages of obtaining a commercial license in Dubai
The government also supports investors and entrepreneurs with several advantages and facilities for establishing businesses and various companies’ activities, obtaining a commercial license, and facilitating the conditionsopening a commercial register in Dubai such as:
- The government gives the investor the right to retain full ownership of the company in some areas in Dubai.
- Granting long-term visas to allow the investor to reside in Dubai for a long period.
- Ease of obtaining a commercial license and ease of conditions for opening a commercial register in Dubai.
- Providing electronic platforms to renew the commercial license and providing electronic payment methods to pay fees in a few minutes.
- Financial support and assistance to create and develop startup companies and provide training courses and all services to young investors.
- Giving the investor the right to fully benefit from profits when investing in free zones in Dubai, and the investor is exempt from taxes on the company and the personal income of employees, in addition to customs exemptions.
- Benefit from the strong, advanced infrastructure and obtain all advanced services based on a global system.
- Benefiting from economic and political stability, which encourages investment.
- The strategic location between East and West, which helps companies open up.
- Dubai is considered a rapidly developing global shopping market that attracts citizens and investors from various countries.
- The tremendous investment development that Dubai has witnessed over the years.
- Diverse investment opportunities available to various companies with different capital sizes.
- Dubai provides an ideal, fast-growing investment environment for various businesses and projects in the short term.
- The government provides grants to young entrepreneurs and young investors with a clear business case.
- Dubai is witnessing many investment incentives, such as economic growth in commercial, industrial and professional activities.
How do we help companies obtain a commercial registration in Dubai?
Do you wantto establish a company in Dubai? Contact us now. We will provide you with all the necessary services and handle all procedures and transactions with government agencies in Dubai, and help with the conditions for opening a commercial register in Dubai. We will also provide legal consultation services and various services that you are looking for to establish a business in Dubai as follows:
- We work to prepare offices for work and provide office supplies for employees, furniture, decor, brushes, and appliances.
- Assistance in obtaining various types of commercial licenses in Dubai and assistance with the conditions for opening a commercial register in Dubai in the quickest time and at the lowest costs.
- Assumes the submission of the required papers and documents to the competent authorities, and completes and authenticates them from the competent government agencies in Dubai.
- Preparing residency for investors and entrepreneurs of various nationalities that allows them to invest for the longest time in Dubai.
- Providing all necessary means to enter the investment market in Dubai and establish investment businesses.
- Providing legal advice during the investment process through the most efficient business advisors and service providers.
- Providing practical solutions and addressing all problems and obstacles that may occur during the investment process in Dubai.
- Providing technical support and answering all inquiries 24 hours a day, 7 days a week.
- Providing a variety of business packages suitable for all different budgets and capital to start establishing a company in Dubai.
For more information about the conditions for opening a commercial register in Dubai, contact us now and we will help you with all the steps and procedures for investing in Dubai from A to Z.
