08 Jul Conditions for establishing a company in Dubai
The conditions for establishing a company in Dubai or the requirements for establishing a commercial project are among the easiest conditions set by the UAE government so that the investor or entrepreneur can work officially and legally in the city of Dubai without the need to make an effort.
In the next lines of this article, we discuss the conditions for establishing a company in Dubai in detail, in addition to the legal documents and papers in accordance with the regulations and laws in Dubai approved by the Department of Economic Development in Dubai.
We also provide you with a set of integrated distinguished services to help and support you in establishing any investment activity in Dubai. Contact our team through our numbers, and we will take care of all the necessary steps and procedures, fulfill all the conditions for establishing a company in Dubai, in addition to opening a commercial registry, receiving a commercial license, and providing you with legal advice through the most skilled consultants in Dubai.
Conditions for establishing a company in Dubai
At the level of the Middle East, the city of Dubai is the destination of every investor, thanks to the privileges and investment facilities it offers and the support for various types of activities in Dubai, commercial, industrial, service and others.
The conditions for establishing a company in Dubai require following the laws and regulations related to establishing businesses and companies in the city of Dubai and following the legal steps in order to work on a legal basis that guarantees the rights and duties of the investor.
Here are the conditions for establishing a company in Dubai according to the Department of Economic Development and the competent authorities in Dubai as follows:
- An appropriate trade name that reflects the nature of the company’s activity in Dubai must be selected and registered, provided that it does not violate the following:
- It does not include phrases or words that are out of the ordinary or contrary to public taste.
- It does not include a name that refers to a government agency or is similar to a trade name of another company.
- It does not contain one of the names of God.
- Obtaining a work visa in the UAE is required to allow the establishment of investment businesses in Dubai.
- Receiving the commercial license appropriate to the nature of the commercial activity in Dubai, paying the license costs in full, and then registering with the UAE Chamber of Commerce.
- Finalizing and delivering all documents and carrying out all legal procedures within the terms of establishing a company in Dubai.
- Determining any area in Dubai that is suitable for work and establishing the company, taking into account that it is suitable and supports the activity that the company will engage in.
- The presence of a trained and ready-to-employment team of employees and workers in Dubai.
Documents required to establish a company in Dubai
There are several documents and legal papers required to be able to obtain an investor visa in Dubai. It is considered one of the most important basic conditions for establishing a company in Dubai. As follows:
- A personal photo with a white background.
- passport copy.
- The original and copy of the company’s Memorandum of Association or the service agent’s contract.
- A copy of the company’s incorporation card in Dubai.
- Possession of a valid commercial license in Dubai.
- Company bank statement for the last three months.
- In the case of partners, an appendix shall be attached with the names of the partners.
Procedures for establishing companies and projects in Dubai
Conditions for establishing a company in Dubai , the conditions include carrying out legal procedures by the investor and making sure to obtain approvals from the relevant government agencies in Dubai regarding the conditions for establishing a company in Dubai and ending with obtaining a trade license in order to start working legally.
Here are 7 legal procedures and steps necessary to establish projects and companies in Dubai in accordance with the UAE laws and conditions as follows:
- Determine the nature of economic activity
The first procedures that must be taken to achieve the conditions for establishing a company in Dubai, which were approved by the Department of Economic Development in Dubai, Determine the nature of the economic activity first to create the procedure through which the company will be able to choose the rest of the correct procedures.
The economic activities in Dubai are varied and include many activities that allow all investors to establish investment businesses and various projects / Examples of activities include:
- Commercial activities.
- Industrial activities.
- Service activities.
- Tourist activities.
- Determine the legal form
The second procedure that must be taken to achieve the conditions for establishing a company in Dubai , the legal form that is appropriate to the nature and activity of the company must be determined, and its importance is due to determining the laws that will regulate the company later. Examples of legal forms for companies in Dubai are the following forms:
- Solidarity Company.
- Simple Recommendation Company.
- A limited liability company.
- Public contribution.
- private contribution.
- Commercial representative office.
- Civil works company.
- A branch of a local company.
- A branch of a Gulf company.
- A branch of a foreign company.
- Free Zone Company Branch.
- Individual Foundation.
- holding company.
- Choose the appropriate trade name
The third procedure that must be taken to achieve the conditions for establishing a company in Dubai in accordance with the laws of the Department of Economic Development, Choosing an appropriate trade name for the company and that fits and expresses the nature of the company’s activity.
The trade name is what distinguishes one trade license from another. That is why the trade name is considered a necessary measure to properly fulfill the conditions for establishing a company in Dubai. The name is chosen and registered according to several conditions as follows:
- The company’s trade name must express the nature of the company’s activity.
- The trade name should not include inappropriate phrases and not violate public taste.
- The trade name must not be previously registered or similar to another company.
- The company’s trade name must abbreviate the legal form of the company.
- It does not contain the word majesty or the beautiful names of God.
- It does not include the name of a government agency or political slogan.
The conditions for establishing a company in Dubai provide for choosing a trade name and then registering with the competent authority for registration in Dubai, which is the Department of Economic Development in Dubai. At that time, the investor receives the payment authorization and the transaction number, as a document to be used as a reference when paying.
- Initial approval from the concerned authorities
The fourth procedure that must be taken to achieve the conditions for establishing a company in Dubai is the step of obtaining the initial approval from the concerned authorities. that to approve the trade name, Nature of the activity, And the legal form of the company, then after obtaining the approval, the rest of the legal procedures are completed properly.
- Choosing the location of the establishment of the company
Fifth, the legal procedures stipulated in the conditions for establishing a company in Dubai. Choosing the location of the establishment of the company, and when choosing the appropriate headquarters, the address of that workplace shall be recorded in the documents of the company.
It must comply with conditions so that the site must be actual and exist on the ground, and a lease contract for the company’s headquarters certified by the relevant authorities must be available.
- additional approvals
The sixth important legal procedures according to the conditions for establishing a company in Dubai, The need to obtain additional approval from the competent authorities, Some of the economic activities that are established in Dubai need to obtain additional approvals from the regulatory authorities. Examples of government agencies in Dubai:
- Ministry of Interior Affairs.
- Ministry of Justice.
- Municipality Department in Dubai.
- The Telecommunications Regulatory Authority.
- executive board.
- The Ministry of Economy.
- Dubai Health Authority.
- Supreme Petroleum Council.
- Commercial license to start work
The last procedure is to obtain a trade license, according to the nature of the company’s activity. Provided that the license fee is paid, and then the registration is made in the UAE Chamber of Commerce as a member thereof.
We are at your service for more information about the conditions for establishing a company in Dubai. Contact us on our numbers, And to seek help from an expert to take over the procedures for establishing businesses and companies in Dubai and obtaining a commercial register or commercial license.
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