21 May Business registration in Dubai
Establishing a commercial registry in Dubai is a legal procedure that must be carried out through the responsible authorities in Dubai in order to obtain an official document that allows starting work in Dubai legally.
Establishing a commercial registry in Dubai requires some legal procedures and steps, attaching legal papers and documents, as well as paying the costs of issuing the commercial registration, then renewing the commercial registry on an annual basis to ensure continuity of work.
Establishing a commercial registry in Dubai is a mandatory legal procedure for anyone who wants to establish a business in Dubai, so that the investor obtains the commercial license and then the commercial registration.
Once all the required documents are attached and delivered to the competent government agencies in Dubai, the commercial registration is received, and the investor has the right to establish the business legally in Dubai.
Establishing a commercial registry in Dubai includes several procedures that we will discuss in this article. We will also discuss the fees for establishing a commercial registry in Dubai , in addition to the advantages of establishing a commercial registry in Dubai.
Advantages of establishing a commercial registry in Dubai
Establishing a commercial registry in Dubai brings many advantages to support investors in expanding their businesses and establishing investment projects in Dubai. Here are the advantages of having a commercial registry in Dubai:
- Establishing a commercial registry in Dubai that guarantees protection for the company’s trade name, As no one else can use the trade name of the company, and the trade name of the company in the free zone becomes distinctive.
- Establishing a commercial registry in Dubai that allows the investor to work in e-commerce and also add approved and legal payment methods to the online store.
- Establishing a commercial registry in Dubai for the company that provides customers with access to the online store and all pages of the company in a flexible manner and through one place.
- Establishing a commercial registry in Dubai that allows participation in seminars and exhibitions that are held in the United Arab Emirates easily and legally, and to attend various conferences in Dubai.
- Establishing a commercial registry in Dubai that puts the company under the supervision of the Department of Economic Development in Dubai. Which works to expand the circle of customer confidence in the company.
Costs of creating a commercial registry in Dubai
In the following lines, we discuss the costs of establishing a commercial registry in Dubai , so that the costs of establishing a commercial registry in Dubai are paid at the beginning of obtaining the register, and then the costs are paid annually for renewal.
Here are the costs of establishing a commercial registry in Dubai and the annual renewal costs:
- Approximately 100 UAE dirhams as the registration fee in the commercial register.
- Approximately 50 AED annual registration renewal fees.
- 10 AED fees for obtaining an extract from the registration page in the Commercial Register.
Fine for non-payment of commercial registration fees
The commercial registration in Dubai is renewed annually and the registration fees are paid on the specified dates to ensure the continuity of the commercial work process in Dubai in a proper legal manner.
If the commercial registration fees are not paid on the specified renewal date, A fine of about 200 AED is imposed, and in the event of excessive delay in paying the fees, the fine will be increased.
Types of commercial licenses in Dubai
Establishing a commercial registry in Dubai requires obtaining a commercial license first and paying the license fees. Therefore, it is important to shed light on the types of commercial licenses in Dubai. The type of commercial license suitable for the company’s activity to be established in Dubai must be chosen. As follows:
- General trading license
The general trade license in Dubai provides the establishment of many types of commercial activities without the need to face problems or sites during work.
- Professional license
The professional license provides its holder with the practice of a specific number of types of service activities in the event of obtaining the necessary licenses and permits to work in Dubai.
- Commercial license
The trade license is one of the important licenses that are issued in Dubai. Which specializes in practicing activities related to import, export, sale and distribution.
- Industrial license
The industrial license grants authorization to industrial activities engaged in production work. manufacturing and various processing industries, gas, water and mining.
- Tourist license
The tourist license in Dubai grants the necessary licenses for the work of companies in the field of tourism. Guidance and Hospitality in Dubai.
- Business operation permit
By obtaining a business operation permit in order to obtain a lease contract for a company in Dubai.
- Event organizing license
The event organizing license allows holding conferences, parties and major events in Dubai.
The costs of obtaining a commercial license in Dubai
Issuing a commercial license in Dubai requires a set of fees to obtain the service. The costs of the commercial license vary according to the type of region and economic activity in Dubai. Here are the costs of obtaining a trade license in Dubai:
- 600 dirhams fees for registering a trade license.
- 10 dirhams for knowledge dirham fees in Dubai.
- 10 dirhams for innovation dirham fees in Dubai.
- 350 dirhams for commercial names ads in Dubai.
- 50 dirhams for the service request form in Dubai.
- From 1,000 to 3,000 dirhams for foreign trade name fees.
- 15,000 dirhams for general trade activity fees.
- 15,000 dirhams for investment activities fees.
- 25,000 dirhams for business center fees.
- 10,000 dirhams for building contracting activities in Dubai.
- 1070 for a merchant’s license, in addition to 300 dirhams for Dubai Chamber fees.
- 1070 dirhams for the starting license.
Fees for articles of incorporation or service agent contract are as follows:
- 300 dirhams for the signature of each of the parties to the document to certify the signatures of the document, which does not exceed 100,000 dirhams.
- 0.5% of the value of the document, up to a maximum of 15,000 dirhams, for authentication of signatures in documents that exceed 100,000 dirhams.
- 500 dirhams for postponing the completion of the transaction after registration, according to the customer’s request.
- 500 dirhams fee for signing one of the parties to the document at another service center.
- 100 dirhams signature fee for all parties to the company electronically on the document.
An investor and want to create a commercial registry in Dubai?
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Do not hesitate to contact us now. Here are some of the services we provide:
- We offer you a full range of services for setting up businesses and companies in Dubai.
- We assist in obtaining a trade license according to the nature of the economic activity.
- Taking over the procedures for creating a commercial registry in Dubai in the shortest time and the lowest costs.
- Providing various assistance services to enter the investment market in Dubai and establish businesses and projects.
- Providing legal advice with the help of the most skilled business advisors and service providers in Dubai.
- Providing practical solutions and preparing for all problems and facing crises that may occur during the investment process in Dubai.
- Assistance in submitting papers and documents related to the company to the competent authorities, Completed and documented by the competent government agencies in Dubai.
To request services and for more information about creating a commercial registry in Dubai, contact us now, and we will assist you in all government procedures and transactions in the Dubai Free Zone from A to Z.
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