Steps to establish a company in Dubai

Steps to establishing a company in Dubai Dubai is considered the ideal and most appropriate choice for everyone who wants to obtain the best possible results, because it offers many wonderful investment opportunities and services that meet all the requirements and desires of investors and entrepreneurs, and it also contains more than 30 free zones in which investment is permitted.

If you are looking to start your business and want to establish business companies in Dubai in a successful and professional way, then you are in the right place. We will help you implement all the required steps and procedures in a smooth manner by learning about the steps for establishing companies and learning about the types of companies that you can establish in addition to the cost.

 

Steps to establish a company in Dubai

 

Steps to establish business companies in Dubai

A very large number of investors all over the world aspire toestablishing business companies in Dubai, as the UAE government is distinguished by providing them with all services And facilities that help support the UAE economy.

All you have to do is follow the steps for establishing business companies in Dubai as follows::

  • First, you must choose the nature of your company’s activity. This activity will determine the type of licenses required.
  • The next step is to choose partners for the limited liability company, and a service agent dedicated to institutions and individual companies must also be chosen.
  • After that, you must obtain initial approval and then choose a trade name for your company.
  • The memorandum of association or contract for the service agent must be prepared and prepared, and you must have it notarized through a notary public located in Dubai.
  • Look for a main headquarters for the company. Make sure it is in a strategic location close to various economic activities, and do not forget to obtain a lease or purchase contract for the place.
  • Obtain all external approvals through the relevant government bodies and agencies.
  • The final step is to submit all required final papers and documents to the Department of Economic Development.

 

Types of company establishment in Dubai

Before you make a decision to establish a company, you must first know what types of companies in Dubai you can establish and what are the advantages of each of them, but Here are the most important types:

 

  • A joint liability company: It is one that consists of two or more partners. All partners are primarily responsible for the obligations and requirements of the company.
  • Simple recommendation company: which is a general partner or more than one partner, and it can also be one or more limited partners.
  • Public Joint Stock Company: which is available to the local government, the federal government, or any wholly owned company.
  • Private Joint Stock Company: in which the number of partners is not less than two, and it cannot offer its shares to the public as the partners must subscribe their own capital.
  • Limited Liability Company: The number of partners cannot be more than fifty and not less than two, and one of the partners must be an Emirati citizen.
  • Holding Company: which is characterized by the fact that it owns stakes or shares in various companies, whether joint-stock and limited liability companies.

Procedures for opening a company branch in Dubai

  • First, initial approval for the new company branch must be obtained through the competent authorities.
  • Fill out the registration form and then choose a trade name for the new branch.
  • You must also bring a copy of your ID card and a copy of your passport if the owner does not have Emirati citizenship.
  • Obtaining final approval through the competent government authorities, which depends on the nature of the company’s activity.
  • The next step is to obtain an approval decision from the Board of Directors in order to open a new branch of the company.
  • Bring a copy of the company’s articles of incorporation and its commercial register, which must be certified by the UAE Embassy and the Ministry of Foreign Affairs.

 

The cost of establishing a company in Dubai

One of the most common questions among investors is how much it coststo establish a company in Dubai as there are some costs that must be paid in order to open and establish business companies in Dubai. In a correct way, so by reviewing the following points you will be able to identify the most important of them: Costs allocated for commercial registration and obtaining a license for the possibility of practicing the company’s business legally.

 

There are costs allocated to the company’s headquarters, whether you want to buy the place or rent it, you must obtain a contract, the costs of importing the goods, products and materials necessary to open your own company, in addition to customs costs as they depend on many laws and guidelines for investment and trade in Dubai, costs Hiring company employees and workers where you need to provide the necessary visas and residency.

Dubai relied on tax exemption for all foreign investors and businessmen. There are also costs allocated to the owner of the company himself, meaning that the minimum total amount of money is allocated to the owner of the company, the costs necessary to obtain a license to practice business in Dubai, and approvals must be obtained from the authorities. Federal and governmental bodies.

 

The best company establishment offices in Dubai:

It is worth noting that there are a huge number of company establishment offices in Dubai that are distinguished by helping investors complete all the required work and procedures in a correct and accurate manner. And fast at the same time, so you can rely on Ham Company, which is distinguished by providing a group of the best accounting and administrative services:

  • It also helps in preparing and processing accounting consulting reports and preparing professional feasibility studies.
  • It helps investors and businessmen obtain visas and residency permits for the company’s employees, and it also works to register the company’s trademark in Dubai.
  • Ham Company is distinguished by the fact that it works to establish the company in less than three days only, because it follows fixed and systematic methods and standards.
  • It is distinguished by its trust, honesty, credibility and ability to complete all required procedures with a high level of professionalism, accuracy and efficiency.
  • It provides the best internal and external audit services for companies in addition to services for establishing business companies in Dubai.

 

At the end of the content of our article, we have been able to learn in detail how to establish business companies in Dubai. All you have to do is follow the steps and procedures that We learned about it because of the possibility of establishing and opening the company in a legal and correct manner. In the end, you will be able to achieve profits and reach the desired goals.

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