26 May Conditions for opening a commercial registry in Dubai
The conditions for opening a commercial registry in Dubai are among the flexible conditions set by the government within the business establishment procedures in Dubai. In this article, we discuss the conditions for opening a commercial registry in Dubai and the required documents, in addition to the places to open a commercial registry. Steps to obtaining a commercial license and the advantages that the investor obtains when obtaining a commercial license.
Investors tend to establish investment projects and businesses in Dubai, especially over other countries, thanks to the advantages and facilities provided by the government to develop the investment process and facilitate procedures, steps and transactions with government agencies in Dubai.
Conditions for opening a commercial registry in Dubai
Dubai is one of the most welcoming investment cities for investors from different countries. The government in Dubai has supported entrepreneurs to do business and establish companies in easy steps and procedures that include obtaining a commercial license and opening a commercial registry, Here are the conditions for opening a commercial registry in Dubai as follows in the following points:
- You must register as a member of the Dubai Chamber of Commerce in order to work legally and one of the conditions for opening a commercial registry in Dubai.
- The second condition for opening a commercial registry in Dubai is that the costs of issuing the commercial license in Dubai be paid within 30 days of issuing the payment permit, otherwise, in the event of non-payment within 6 months from the date of issuance of the payment permit, the transaction will be cancelled.
- Obtaining an official commercial license and issuing a lease contract for the company’s work site.
- Sending the required documents to the Department of Economic Development in Dubai is one of the most important conditions for opening a commercial registry in Dubai.
- Paying the required capital value in the company’s commercial registry data, which is one of the conditions for opening a commercial registry in Dubai.
Documents required to open a commercial registry in Dubai
The conditions for opening a commercial registry in Dubai include submitting several documents as follows:
- A completed application form to start a business in Dubai.
- Articles of association of the company, if necessary.
- A copy of the passport of the owner of the company.
- Brief description of the business to be established.
Places to obtain a commercial registration in Dubai
One of the important points within the conditions for opening a commercial registry in Dubai is to see the places for obtaining the commercial registration in Dubai. Examples of places available for the commercial register are:
- Happiness Hall in the main economic building in Dubai.
- The authorized service center in Dubai Economy.
- Dubai Economic Center electronic application.
Steps to obtain a commercial license in Dubai
To open a commercial registry in Dubai, you must apply for a commercial license in Dubai, by carrying out legal procedures and submitting documents related to the company or project to be established in Dubai. Here are the steps to obtain a commercial license in Dubai:
- Determining the nature of the economic activity that will be carried out within the company in Dubai, and this step depends on several other procedures, such as: The type of trade license, the area of work, and the legal form that will be dealt with in accordance with the laws and regulations in Dubai.
- Choosing a trade name for the company that suits the nature of the previously chosen activity, The company’s trade name must comply with the laws and regulations and be registered with the Department of Economic Development in Dubai.
- Determining the legal form of the company or commercial project, which is an essential step, and the legal form of the company must comply with the nature of the economic activity that was previously chosen.
- Obtaining the initial approval from the competent government agencies to approve the trade name and the nature of the company’s activity in Dubai.
- Choosing the appropriate workplace for the company, This is by purchasing a plot of land or renting an office space in Dubai and providing a contract certified by the Dubai Real Estate Regulatory Authority.
- Obtaining the additional approvals necessary for work from the government agencies concerned with the nature of the company’s activity in Dubai.
- Now it is possible to obtain a commercial license to work and establish a business in Dubai legally, and after paying the costs required for the license, you must register with the Dubai Chamber of Commerce as a member.
Advantages of obtaining a trade license in Dubai
The government also supports investors and entrepreneurs with several advantages and facilities for establishing businesses and companies with different activities, obtaining a commercial license, and facilitating the conditions for opening a commercial registry in Dubai, such as:
- The government gives the investor the right to retain full ownership of the company in some areas of Dubai.
- Granting long-term visas to allow the investor to reside in Dubai for a long period of time.
- The ease of obtaining a trade license and the ease of conditions for opening a commercial registry in Dubai.
- Providing electronic platforms for renewing a trade license and providing electronic payment methods to pay fees in a few minutes.
- Financial support and aid for the establishment and development of startups, and provision of training courses and all services for young investors.
- Giving the investor the right to fully benefit from profits when investing in free zones in Dubai, and the investor is exempt from taxes on the company and personal income of employees, in addition to customs exemptions.
- Benefit from the strong and developed infrastructure and access to all advanced services based on a global system.
- Benefit from economic and political stability, which encourages investment.
- The strategic location between East and West that helps companies to open up.
- Dubai is a rapidly developing global shopping market that attracts citizens and investors from different countries.
- The huge investment development that Dubai has witnessed over the years.
- Diverse investment opportunities available to various companies with different sizes of capital.
- Dubai provides an ideal investment environment for fast growth of various businesses and projects in the short term.
- The government provides grants to young entrepreneurs and young investors with a clear feasibility study.
- Dubai is witnessing many investment incentives such as economic growth in commercial, industrial and professional activities.
How do we help companies obtain a commercial registry in Dubai?
Want to establish a company in Dubai ? Contact us now, we will provide you with all the necessary services, handle all procedures and transactions with government agencies in Dubai, and help with the conditions for opening a commercial registry in Dubai. We will also provide legal advice and various services that you are looking for to establish a business in Dubai as follows:
- We are working on preparing offices for work, and preparing office supplies for employees, furniture, decoration, brushes, and devices.
- Assistance in obtaining a commercial license in Dubai of all kinds, and assistance in the conditions for opening a commercial registry in Dubai in the fastest time and at the lowest costs.
- Undertaking the submission of papers and documents required to the competent authorities and completing and documenting them from the competent government agencies in Dubai.
- Preparing residence for investors and entrepreneurs of various nationalities that allow them to invest for the longest time in Dubai.
- Providing all means of assistance to enter the investment market in Dubai and establish investment businesses.
- Providing legal advice during the investment process through the most efficient business advisors and service providers.
- Providing practical solutions and addressing all problems and obstacles that may occur during the investment process in Dubai.
- Providing technical support and answering all inquiries 24 hours a day, 7 days a week.
- Providing a variety of business packages suitable for all budgets and different capitals to start setting up a company in Dubai.
For more information about the conditions for opening a commercial registry in Dubai , contact us now, and we will assist you in all investment steps and procedures in Dubai from A to Z.
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