Opening a commercial register in Dubai for foreigners

Open a commercial register in Dubai for foreigners The UAE deals with investors firmly with regard to documents and procedures, and in return creates for them countless opportunities to incubate their projects and increase their profits, so the country requires investors to open Commercial registration in Dubai for foreigners.

Dubai is considered one of the most important and best commercial centers in the entire world, due to the great diversity and multiplicity of fields, whether industrial, commercial or professional, so many investors want to establish a new company, or even Open a company branch in Dubai.

In this article, we will provide you with the conditions and stepsopening a commercial register in Dubai for foreigners, in addition to all the information you need to know about fees Commercial Registration in Dubai.

 

Opening a commercial register in Dubai for foreigners

 

Opening a commercial register in Dubai for foreigners

Establishing a business legally protects the company from any legal accountability in the future. Therefore, one of the advantages of opening a commercial register in Dubai for foreigners is that it helps the state assess the size of the activity and work to develop and grow it. In addition, it makes it easier for you to obtain other privileges such as dealing with banks.

As for foreigners, opening a commercial register in Dubai helps the state understand and evaluate the volume of investments in the country. It is also aware of all the obstacles that investors face and works to facilitate them, and provide innovative opportunities and solutions.

The most important advantages of opening a commercial register in Dubai for foreigners are:

  1. Complete tax exemption.
  2. Possibility of adding 5 or more companies.
  3. Obtaining a residence visa.
  4. Full ownership of the company.
  5. Not being restricted to a specific company location and expanding your business.

 

Conditions for opening a commercial register in the Emirates

So that you can establish a company in the Emirates and open a commercial register legally, there are some necessary requirements and conditions that must be followed in order to obtain the required results, here are The 6 most important conditions for opening a commercial register in the Emirates:

  1. First, the foreign investor must be careful to obtain approval, as it is considered one of the most important steps for the possibility of issuing a commercial license for the company, and through it the rest of the investor’s steps in other government departments are completed through an electronic application.
  2. In addition to the importance of obtaining the company’s trade name, which must be unique and different from other company names, the trade name for the license is reserved by using the website or by visiting the economic service center located in Dubai.
  3. One of the most important conditions that must be met is to obtain a commercial license, where the application is submitted by using the website or visiting one of the economic service centers.
  4. You must also be careful to renew the company’s commercial license. This step is done through text messages and writing the company’s license number. You will be answered as soon as possible. This response is considered a payment authorization to renew the license.
  5. In order to be able to open a commercial register in Dubai for foreigners, make sure to collect all the required papers and documents and then deliver them to the competent government agencies and bodies.
  6. You can also submit an application to obtain an individual commercial license in Dubai and then pay all fees and costs related to this license.

 

After learning about the steps to open a commercial registry in the Emirates, you may wonder what if you want to establish a new branch of your company? UAE law stipulates that a branch of a company is issued its own commercial register called: a subsidiary commercial register. Here are its most important steps.

 

Steps to open a commercial registry branch in the Emirates

In the beginning, before we learn about the steps to open a commercial registry branch in the Emirates, we must know well that it helps young people and beginners in the field of investment to achieve the greatest possible amount and reach the desired goals in an easier and faster way, because it is distinguished by its strategic location and its keenness on technological development, modern continuity, and stability. Security, as Dubai is characterized by having many features and services that help attract more investors and businessmen to expand.

 

Through the following points, you can learn about how to open a commercial registry branch and the most important and prominent conditions and requirements that must be met for the possibility of opening a company branch in Dubai for foreigners:

  • First, you must ensure that initial approval is obtained for the new branch of the company.
  • In addition to the importance of filling out the registration form and determining the new trade name for the company.
  • The next step in order to be able to open a commercial register in Dubai for the new branch is to provide all the necessary papers and documents, the most important of which is a copy of the ID card.
  • A copy of the passport of the responsible manager of the company must also be provided, as well as a letter approving the current sponsor of the company, in order to open a commercial register in Dubai for foreigners for the new branch.
  • All necessary approvals and papers must be obtained from other government agencies and bodies. These papers vary according to the type of activity, whether professional, commercial, vocational, or industrial.
  • Obtaining the Board of Directors’ decision to open a new branch of the company and then appointing a special manager for this branch.
  • In addition to the possibility of obtaining a copy of the company’s articles of incorporation and its commercial registry, this contract is legally certified by the Embassy of the United Arab Emirates and certified by the Ministry of Foreign Affairs.

 

The cost of opening a commercial register in Dubai

The cost of opening a commercial registry in Dubai depends primarily on a group of factors, which is a variable calculation process that varies depending on the activity that the investor chooses and wants to It also depends on the location, as the company’s location plays an important role in determining the cost of opening a commercial register in Dubai. The most important of these factors are:

  • The price of the site on which the company will be established, or the total rental costs of the land to be chosen for the new project, in order to open a commercial register in Dubai for foreigners.
  • In addition to the importance of paying all fees and costs for a commercial license, whether a permanent or immediate license in the United Arab Emirates, and paying the fees for commercial registration.
  • Care must also be taken to conduct a comprehensive monitoring and study of the possibility of determining the average capital and total expenses that the company needs during the establishment and construction stage.
  • Pay all necessary government dues in order to complete the remaining steps and procedures for establishing a limited company in Dubai.
  • Care must also be taken to pay all matters arising from the foreign investor’s residency fees in the Emirates, and the total additional fees that may arise under Emirati law must be paid.
  • Thus, you will be able to successfully open a new commercial register.

 

Fees for opening a new commercial register

Some companies may need to open a new commercial register. The fees for opening a new commercial register for the same company do not differ from the fees for opening a commercial register for the first time, and the steps do not differ either.

The Department of Economic Development is keen to provide many services that meet all the needs of investors and businessmen, in addition to helping them identify the total fees required to establish all their businesses.

Therefore, through the following points, we will learn together about the fees for opening a new commercial register for the same company:

  • It should be noted that the payment authorization is issued only once for the company’s commercial registration opening fees.
  • In addition, this permission includes fees for initial approval, trade name reservation fees, and trade license issuance fees.
  • In order to be able to open a commercial register in Dubai for foreigners, you must pay all the necessary fees to obtain a commercial license in fixed markets within Dubai.
  • The fees mentioned in the previous points are in addition to the fees for opening a new commercial register and the usual license fees.

 

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