Establishing a company in Dubai

Establishing a company in Dubai requires basic legal steps and procedures in order to obtain the necessary trade licenses to start operating legally. The laws and regulations require simple steps for both local and foreign investors alike. The steps for establishing a company in Dubai are similar, but foreign investors need more approvals.
In order to facilitate investors, the UAE government has required two ways to establish a company in Dubai, the first through the “Start Your Business” portal, and the second through the Departments of Economic Development. In this article, we discuss the steps for establishing a company in Dubai in detail.
Company formation in Dubai via the Internet
One of the features that make Dubai the land of investments, The facilities in the procedures and flexibility that characterize the process of establishing a company in Dubai, where the government has provided the “Start Your Business” electronic platform in order to save time and effort for investors outside Dubai to apply for a commercial license electronically for all investors of all nationalities.
“Start Your Business” electronic service
Only within 15 minutes and from anywhere in the world, you can establish a company in Dubai and obtain a trade license to start working officially. The Basher platform is an integrated electronic platform integrated with government departments and agencies and those concerned with licensing economic activities in the country.
The services provided by the Basher platform are as follows:

• Commercial license.
• Chamber of Commerce membership number.
• The origin card from the Federal Authority for Identity and Citizenship.
• Origin card from the Ministry of Human Resources and Emiratisation.
• 3 work permits from the Ministry of Human Resources and Emiratisation.
• Renewal of commercial licenses for various economic activities.

To establish through the Basher platform, the following is required:

• An active Emirates ID.
• An active account in the digital identity.
• For LLCs, an active digital signature is required in the Digital ID account.
• company information.
• Partner information.
• ID number and address of the partner.
• Trade Name.

Incorporation of a company in Dubai in the usual ways
Establishing a company in Dubai through the Department of Economic Development in Dubai includes the following steps:

1. Determine the nature of the activity

Each company has an economic activity that is expressed, whether it is commercial, industrial, service, agricultural, tourism, or other different activities of companies in Dubai. Therefore, the most important and first step for establishing a company in Dubai is to determine the nature of the activity that expresses the company.

1. Reservation and registration of the trade name

The company’s trade name is what distinguishes one trade license from another, and the trade name is registered with the Department of Economic Development in Dubai. The process of choosing a trade name includes a set of conditions as follows:

• The trade name should reflect the nature of the company’s activity.
• It should not contain the name of a government agency or include the word of God.
• It should not be similar to the name of another company.
• It should be followed by an abbreviation of the legal form of the company.

1. Determine the legal form

The legal form of the company is an important step in the steps of establishing a company in Dubai, and it must match the company’s activity, as the legal form of the company determines the laws under which the company will operate in Dubai. There are many legal forms for companies as follows:

• Solidarity companies in Dubai.
• Simple Recommendation Companies.
• Limited liability companies.
• Public joint stock companies.
• Private joint stock companies.
• Commercial representation offices.
• Civil works companies.
• A branch of a local company.
• A branch of a foreign company.
• Free Zone Company Branch.
• Individual Foundation.
• holding company.

1. Obtaining the initial approval

After taking the previous steps to establish a company in Dubai, the initial approval must be obtained from the competent authorities regarding the trade name, the chosen activity, and the legal form of the company. For foreign investors, the approval of the General Directorate of Residency and Foreigners Affairs must be obtained before the initial approval.
Some economic activities require the approval of government agencies related to the activity before obtaining the initial approval. Examples of these activities are:

• legal activities.
• Activities of the security authorities and the Securities and Commodities Authority.

1. Memorandum of Association and business agent agreement

Establishing a company in Dubai requires signing the Memorandum of Association and often requires the conclusion of a local service agent or company agent agreement according to the legal form of the company. For the following legal forms: (civil works company, one person company, A limited liability company, simple limited partnership company, public joint stock company, Solidarity Company, private joint stock company).

1. Company work site

Choosing an actual business location for the company is one of the important steps of establishing a company in Dubai, as each company must have a workplace, through purchase or lease, and a contract authenticated by the Real Estate Regulatory Authority in Dubai is required.

1. Obtaining additional approvals

Some activities require obtaining additional approvals from the authorities concerned with the nature of the establishment. Examples of these entities: (Ministry of Foreign Affairs, Ministry of Civil Defence, Ministry of Justice, The Ministry of Economy, Dubai municipality, communication activities, engineering and architecture activities, Dubai Health Authority, Supreme Petroleum Council)

1. Receipt of the trade license

The last step in establishing a company in Dubai is obtaining a trade license, after paying all fees related to the license, and then receiving it from the service centers in Dubai to start officially flagging and registering with the UAE Chamber of Commerce as a member.

Documents required to obtain a trade license:

• Submit the initial approval receipt and all documents submitted previously.
• Submit a copy of the lease contract documentation certificate.
• Certified Memorandum of Association.
• Service agent appointment contract.
• The approval of other government agencies.

Need an expert to set up a company in Dubai?
It is our pleasure to provide you with a helping hand to establish a company in Dubai through the comprehensive and integrated services that we provide in our company with the help of the strongest team in the field of company establishment and investment consultancy.
We are one of the largest companies that provide investment services in Dubai and provide all means of support to our clients. This is because we are distinguished by:

• We have many years of experience establishing different types and sizes of companies in Dubai.
• Our company’s team is trained in legal procedures and transactions with the competent authorities in Dubai.
• Specialized in extracting and renewing all commercial licenses for various activities.
• We are distinguished by quality and clearing all procedures in the fastest time and at the lowest costs.
• We provide offices, warehouses and warehouses for rent at the best prices in Dubai.
• Providing full support and problem solving 24/7.
• We provide legal advice through ACFA Legal Consultants in the field of investment in Dubai.

At the end of this article on establishing a company in Dubai, we would like to have shed light on what you are looking for about the steps to establish a company in Dubai, which includes establishing companies via the Internet via the “Start Your Business” platform and in the usual ways, We learned about the documents needed to establish a company in Dubai.

For more information about establishing a company in Dubai and to request assistance in obtaining commercial licenses and dealing with government agencies to complete all procedures and papers, contact our team now and book your consultation with us.