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Open a commercial register in Dubai

٢١ فبراير Open a commercial register in Dubai

Opening a commercial register in Dubai is a crucial step in establishing any type of company, whether local or international, as Dubai provides a thriving business environment that contributes to the growth of businesses at all levels. Dubai is one of the most prominent economic destinations in the region thanks to its advanced infrastructure, flexible commercial laws, and great incentives it offers to local and foreign investors. The process of opening a commercial register in Dubai requires following a set of legal and administrative procedures to ensure compliance with local regulations and protect the interests of business owners. Although the procedures may seem complicated at first, many specialized companies such as Itqan Company provide the necessary support to simplify this process effectively, which contributes to saving time and effort for investors.

Opening a commercial register includes several basic steps, starting from determining the type of business activity and company name, all the way to registering with the Department of Economic Development, which is the procedure that allows individuals to practice commercial activities legally in Dubai. In addition, opening a commercial register requires providing a set of documents and papers that include passports, business plans, and details of the company’s intended commercial headquarters.

The process also requires determining the legal form of the company, which determines the type of license required, whether commercial, industrial, or professional. Itqan Company works to provide professional consulting services that help plan and guide investors through these steps with ease and convenience, while providing the best solutions to establish a commercial register in Dubai according to the required legal requirements.

فتح سجل تجاري في دبي

Basic steps to open a commercial register in Dubai

Opening a commercial register in Dubai is an essential step for any investor wishing to establish a business in this global city, which is one of the best commercial destinations in the world. Dubai is characterized by a flexible economic environment, facilitating the process of establishing companies of various types and providing investors with wide opportunities in various sectors. The legal procedures for opening a commercial register are also clear and easy, making it an attractive option for local and international investors. The success of the process of opening a commercial register depends on following the correct steps and complying with legal requirements, which contributes to accelerating the commercial licensing process and ensuring the company’s compliance with local laws. In this article, we review the basic steps to open a commercial register in Dubai, starting from choosing the type of business activity to receiving the commercial license.

Basic steps to open a commercial register in Dubai:

Choosing the business activity: The first step to opening a commercial register is to determine the type of business activity you want to do, whether it is commercial, industrial or professional. The activity must be precisely defined as it affects the commercial license and permits required.

Choosing the company form: The legal form of the company must be determined, whether it is a limited liability company (LLC), a sole proprietorship, or a company in a free zone, depending on the activity and geographical location where the company will be located.

Choosing the trade name: Choose a trade name that suits the type of business activity, is in line with local laws, and must not be used by any other company in Dubai.

Preparing the required documents: Gathering the basic documents such as passport, residence visa (if you are a resident), and the lease contract for the company’s headquarters. Additional documents may also be required depending on the type of activity.

Submitting the application to the Department of Economic Development: The application must be submitted to the Department of Economic Development in Dubai to obtain the commercial license. The process includes filling out the license application form and submitting the required documents.

Receiving the commercial license: After reviewing and approving all the documents, the commercial license is issued by the competent department, allowing you to legally practice the commercial activity in Dubai.

Registration with other government agencies: In some cases, you may need to register with other agencies such as Dubai Municipality or the Ministry of Economy, depending on the type of business activity chosen.
By following these steps, the investor will be able to open a commercial register in Dubai with ease and start practicing the business activity in a legal and safe manner.

Documents required to open a commercial register in Dubai

Opening a commercial register in Dubai is an essential step to establishing any type of business in this dynamic city that is famous for attracting investors from all over the world. Dubai provides a business environment full of opportunities and great facilities for investors, making it a preferred destination for establishing companies. In order to start a business, obtaining a commercial register is a priority for investors, as the commercial register is the legal document that allows them to conduct commercial activities in Dubai. However, before applying for a commercial register, there are basic documents that must be provided to ensure that the process runs smoothly and quickly. In this article, we will review the documents required to open a commercial register in Dubai that the investor must be aware of to ensure the success of the registration process.

Documents required to open a commercial register in Dubai:

Passport (copy of the first page): A copy of the passport of the investor or founders must be submitted, clarifying all personal information and required details.
Proof of address: A document proving the address of residence or office in Dubai must be submitted, such as an electricity bill or a rental contract.
Valid residence visa (if available): If the investor is a resident of Dubai or the Emirates, a copy of the valid residence visa must be submitted.
Copy of Emirates ID: A copy of the Emirates ID is required for investors residing in the country.

Lease Contract (approved by the Land Department): The lease contract for the business location in Dubai must be notarized and certified by the Land Department or another regulatory body depending on the location of the company.

Commercial Certificates (if required): Some commercial or professional certificates specific to the specific activity may be required if the activity requires a special license such as financial or legal activities.

Proposed Trade Name: Provide three proposed trade names that can be used for the company, which must be compatible with Dubai laws and not reserved by other companies.

Business Plan: Provide a business plan outlining the business activities and business model of the project, this may be required depending on the type of activity being established.

Investor Signature: The investor signs the legal documents required to register the company.

With these documents, investors can easily complete the process of opening a commercial register in Dubai, allowing them to start practicing the business legally and within the regulatory frameworks set by the local authorities.

Different Types of Business Licenses in Dubai

Business licenses in Dubai are one of the most prominent economic destinations that attract investors and entrepreneurs from all over the world. The emirate provides a flexible and diverse business environment through an integrated business license system that meets the needs of commercial, industrial and service activities. Obtaining a business license is the essential step for any business activity in Dubai, as it determines the type of activity permitted to be practiced and provides a legal framework that protects the rights of investors. The multiple licensing system in Dubai allows entrepreneurs to choose the appropriate license according to their needs and future plans, which contributes to facilitating the establishment and operation of businesses smoothly.

Different Types of Business Licenses in Dubai:

Commercial License: This license is granted for activities related to general trade, such as the wholesale or retail sale of goods and products. The activities permitted in this license include clothing, electronics, food, and others.
Industrial License: This license is allocated to companies operating in the manufacturing and production sectors. The activities that can be practiced under this license include product manufacturing, assembly, and packaging, making it an ideal choice for industrial companies.
Professional License: This license is suitable for individuals or companies that provide professional and consulting services, such as legal services, accounting, engineering, design, and others. This license allows work based on personal skills and experiences.
Tourism License: It is intended for companies operating in the tourism and hospitality sector, such as travel companies, organizing tourism events, and managing hotels and tourist resorts.
Free Zone License: It is granted to companies operating within the free zones in Dubai, as it provides benefits such as full foreign ownership and tax exemption. This license is suitable for companies that focus on export or international services.
E-commerce License: It is intended for companies that sell products or provide services online. This license allows investors to enter the thriving world of digital commerce.
Innovation License: It is intended for projects that focus on innovation and advanced technology, which enhances the trend towards a digital and creative economy.
The diversity of commercial licenses in Dubai represents great flexibility for investors, allowing them to choose according to their needs and goals, and enhances the ease of establishing and continuing businesses in one of the most dynamic economic environments in the world.

Our company’s role in opening a commercial register in Dubai

In conclusion, opening a commercial register in Dubai is an essential step towards achieving success in the emirate’s thriving business world, as Dubai provides a distinguished investment environment, great growth opportunities, and legal flexibility that encourages the establishment of companies of various types. The procedures related to opening a commercial register may seem complicated to some, but with the help of a specialized company such as Itqan, the process can be simplified and the challenges that investors may face can be overcome.

Through a team of experts specialized in legal and administrative matters, Itqan Company provides full support in all stages of opening a commercial register, starting from choosing the right business activity, through registration, and even obtaining the required commercial license. What distinguishes Dubai is the diversity of options available to investors in choosing the type of license appropriate for their activity, whether commercial, industrial or professional, making it an ideal destination for many entrepreneurs. In addition, Dubai enjoys a global reputation as a financial and commercial center, making it an attractive point for international companies.

The UAE government also provides many tax incentives and facilities to attract foreign investments. So opening a commercial register in Dubai is a smart investment for anyone looking to expand and grow in the global market. With the continuous support of Itqan, investors can confidently head towards a strong start for their businesses in Dubai, and take advantage of all the opportunities offered by this global city that knows no bounds to ambition.

Frequently Asked Questions about Opening a Commercial Register in Dubai

What are the basic steps to open a commercial register in Dubai?
The process of opening a commercial register in Dubai begins with determining the type of business activity, then choosing the legal form of the company, submitting the registration application to the competent authorities such as the Department of Economic Development in Dubai, and obtaining the commercial license after completing the procedures.

Can a foreign investor open a commercial register in Dubai?
Yes, foreign investors can open a commercial register in Dubai, whether in free zones or through companies wholly owned by them in some activities, according to local laws.

What are the documents required to open a commercial register in Dubai?
The required documents include a copy of the passport, residence visas (if any), a copy of the ID card, a certificate of practicing the profession, a lease or property ownership contract, and other certificates related to the type of business activity.

How long does it take to open a commercial register in Dubai?
The process usually takes from a few days to two weeks, depending on the type of business and the required documents. However, in some cases, additional procedures may be required.

How long does it take to open a commercial register in Dubai?
Yes, there are three main types of business licenses in Dubai: commercial license, industrial license, and professional license, and the type must be determined based on the chosen business activity.

Can a commercial register be opened in Dubai without a physical office address?
In some cases, especially in free zones, investors can open a commercial register without the need for a physical office, as they can use a virtual address or a shared office.

Are there tax exemptions for investors when opening a commercial register in Dubai?
Yes, Dubai offers many tax exemptions and facilities for investors, especially in free zones, where they enjoy tax exemptions for periods of up to 50 years in some cases.