28 May How to obtain a commercial registration in Dubai
The method of obtaining a commercial registration in Dubai is not a difficult procedure, but rather it is characterized by flexibility, thanks to the efforts of the government in Dubai to support local, foreign and Gulf investors and entrepreneurs.
Issuing a commercial registry in Dubai is one of the most important documents that must be obtained to start establishing a company or commercial project in Dubai. The commercial registration must be renewed and the fees paid on an annual basis to ensure the legal effect of practicing economic activity in Dubai.
In this article, we discuss the method for obtaining a commercial registration in Dubai , the service renewal fees, in addition to some conditions for obtaining a commercial registration in Dubai .
How to obtain a commercial registration in Dubai
The method of obtaining a commercial registration in Dubai requires the investor to take a number of legal procedures to obtain the commercial registration in Dubai legally.
To make it easier for customers, the government in Dubai has established a Dubai economic platform in order to apply for a commercial registration to work in Dubai and establish investment businesses.
Therefore, if you are looking for the easiest way to obtain a commercial registration in Dubai without the need to visit Dubai and waste time and effort, this can be done by applying for registration and attaching documents on the electronic platform.
In the following points, we discuss the method of obtaining a commercial registration in Dubai:
- First, you must go to the official Dubai Economy website to apply for the commercial registration opening service. Then enter the service by pressing the login button.
- Enter your email and password if you are already registered on the site.
- Log in to apply for the service of opening a commercial registry in Dubai on the online platform.
- Entering the details of the company’s work location in Dubai, for which a commercial register is being extracted.
- All contributing parties must register on the Dubai Economy platform.
- Determine the main activity of the company in Dubai and the secondary activity of the company.
- Adding the company’s founding parties’ data on the Dubai Economy platform.
- Determine the type of license (dealer license, commercial license or instant license) that you want to obtain for work.
- Enter the required details for the parties to the license, such as: managers, service agents and others, Add your passport or identity number and contact information.
- Enter the official final beneficiary of the establishment of the company/project.
- Submit all required documents for the company, provided that they are signed by all parties.
- Pay the costs required to obtain a commercial registration in Dubai.
- In this step, you will have obtained a commercial registration in Dubai and received the documents associated with it.
Conditions for obtaining a commercial registration in Dubai
The method of obtaining a commercial registration in Dubai requires a set of conditions and taking several legal steps in order for the investor to be able to establish a company and work legally in Dubai. In the following points, we discuss the conditions for obtaining a commercial registration in Dubai. As follows:
- One of the most important conditions is choosing a trade name in accordance with the regulations and laws of the Department of Economic Development in Dubai. As follows:
- The trade name must be consistent with the nature of the company’s activity.
- The trade name should not be similar to the name of another company.
- The trade name must not include the name of a government agency or one of the names of God.
- Determine the appropriate type of economic activity that will be practiced within the company.
- Obtaining the initial approval from the competent authorities for the trade name and the nature of the activity to establish the company in Dubai.
- Renting an office space to be the company’s workplace, in addition to documenting and attesting the lease contract from the Dubai Real Estate Regulatory Authority.
- The owner of the company should not have more than one commercial license and submit the licenses to the competent department in Dubai.
- The office space required for work must not be less than 200 feet. This is commensurate with the requirements and nature of the work.
- Obtaining the additional approvals required by some activities from government agencies concerned with the nature of the company’s activity in Dubai to complete the procedures.
- Pay the fees for obtaining a commercial registration in Dubai using the available payment methods.
Documents for obtaining a commercial registration in Dubai
The method of obtaining a commercial registration in Dubai requires attaching a set of legal papers and documents and submitting them to the government agency concerned with issuing the commercial registration in Dubai. As follows:
- Availability of a certified copy of the initial approval from the competent authority in Dubai, which in turn requires a personal ID photo.
- Choosing a trade name suitable for the nature of the activity and then registering it with the Department of Economic Development in Dubai. The name must be distinctive and appropriate to the conditions and laws.
- Obtaining additional approvals from the concerned authorities for some commercial activities, if necessary, which requires presenting the additional approval before receiving the commercial registration.
- Availability of an official contract in order to establish the company in Dubai, and the contract must be legal and correct.
- An official and notarized lease contract must be presented in case of renting office space for work in Dubai.
Pros of obtaining a commercial registry in Dubai
Speaking about the method of obtaining a commercial registry in Dubai, we must also talk about the advantages that the investor obtains when obtaining a commercial registry in Dubai. Below are the advantages of obtaining a commercial registration in Dubai :
- When issuing a commercial register to work in Dubai, the trade name of the company or commercial project can be protected so that no one else will be able to use the trade name of the company, which distinguishes it.
- By opening a commercial registry, it is possible to work in the field of e-commerce and add approved and legal means of payment to the website.
- Issuing a commercial register for the company in Dubai, through which the target customers can easily access the company’s online store and all the company’s electronic pages.
- Obtaining a commercial registration for the company in Dubai allows the company to participate in the various seminars and exhibitions that are held in the UAE in a very flexible, easy and legal manner, and to attend all the various conferences in the country.
- Issuance of a commercial registration for the company in Dubai, which puts the company under the supervision of the Department of Economic Development in Dubai. Which earns the company more customer confidence in the company’s brand.
The costs of obtaining the commercial registration in Dubai
Speaking of how to obtain a commercial registry in Dubai, we will also discuss the costs of opening a commercial registry in Dubai. The costs of extracting the record include several fees that are paid the first time when applying for the record and then paid annually. They differ in the following points. We deal with the costs of issuing the commercial registration in Dubai and the annual renewal fees. As follows:
- The cost of the registration fee in the commercial register is 100 AED.
- The annual registration fee is about 50 dirhams.
- Approximately 10 AED fees for obtaining an extract from the registration page in the Commercial Register.
Fine for non-renewal of commercial registration fees in Dubai
The renewal of the commercial registration in Dubai must be done on an annual basis, in order to ensure the continued legal validity of commercial activity in Dubai. In the event of failure to pay the fees for the commercial registry in Dubai, the fine is about 200 AED. In the event that the investor is late in paying the fees, the fine will increase.
Contact our team now, and we will assist in obtaining commercial licenses and opening a commercial registry in Dubai, and we will take care of all the necessary procedures for establishing your company in Dubai .
Contact us today and get a free consultation to implement all your business plans!