Establishing a company in Dubai is considered an important strategic step for many investors and businessmen who seek to benefit from the economic opportunities available in one of the most dynamic and innovative global cities. Dubai, with its advanced infrastructure, encouraging business environment, and clear legal procedures, provides an ideal environment to launch business projects and achieve success. However, the process of setting up a company in Dubai requires adherence to a number of legal and administrative requirements that may be complex for those unfamiliar with the details. Here comes the role of Itqan Company, as it plays a vital role in facilitating this process by providing specialized advice and full support to investors.

Itqan Company provides comprehensive services covering all aspects of opening a company in Dubai , starting from determining the appropriate type of company and commercial activities, all the way to submitting the required documents and dealing with legal and financial procedures. Using its extensive experience and deep knowledge of local regulations, Itqan Company contributes to simplifying procedures and saving time and effort for customers. Cooperation with Itqan Company ensures investors start their business smoothly and efficiently, which helps them achieve their business goals quickly and effectively. By providing professional consultations and integrated services, Itqan ensures that every step in the incorporation process is in line with local laws, which contributes to establishing a successful and sustainable business in one of the fastest growing markets in the world.

Types of companies that can be established in Dubai

Dubai is one of the world’s leading business establishment destinations thanks to its innovative business environment and the benefits it offers to investors and entrepreneurs. Establishing a company in Dubai requires choosing the appropriate type of company according to business objectives and legal requirements. Dubai provides a variety of legal forms for companies, giving individuals and companies multiple options to suit different business activities and economic sectors. In this article, we will discuss the different types of companies that can be established in Dubai, highlighting the advantages of each type to facilitate optimal decision-making based on business requirements. Types of companies that can be established in Dubai

• Limited Liability Companies (LLC): LLCs are one of the most common types of companies in Dubai. This format allows a local partner to have 51% of the shares, while a foreign investor can own 49% of the shares. LLC allows business activities in the local market and has specific requirements regarding capital and the required number of partners.
• Sole proprietorships: Sole proprietorships allow one individual to establish and manage the company completely. The individual owns all of the company’s shares and bears all legal and financial responsibilities. This type of company is suitable for small and medium businesses as it allows one person to have complete control over the business activity.
• Public joint stock companies: Public joint stock companies allow their shares to be offered for trading in public financial markets. The minimum capital must be registered in local laws, and these companies are distinguished by the possibility of raising capital through the sale of shares to the public. This type is suitable for large companies seeking to raise significant funding.
• Private Joint Stock Companies: Private joint stock companies are similar to public joint stock companies, but without offering shares to the public. The number of shareholders and distribution of shares are determined internally. These companies allow raising capital from a limited number of investors or shareholders.

Basic steps to establish a company in Dubai

Establishing a company in Dubai is an important strategic step for many investors and businessmen who seek to benefit from the dynamic business environment and economic opportunities available in the emirate. Dubai is considered one of the most prominent global business destinations thanks to its advanced infrastructure, preferential tax system, and ease of legal procedures. If you are thinking about establishing your company in Dubai, it is essential that you are aware of the basic steps that must be followed to ensure that incorporation is achieved smoothly and in accordance with legal regulations. In this article, we will review the basic steps for setting up a company in Dubai, providing clear guidelines to simplify the process and ensure success in achieving your business goals. Basic steps to establish a company in Dubai

Determine the type of company and commercial activity

• Choosing the type of company: The legal form of the company, such as a limited liability company (LLC), a public joint stock company, or a branch of a foreign company, must be determined based on the objectives and legal requirements.
• Choosing a business: Determine the business activity or activities that your company will undertake, as each type of activity requires obtaining specific licenses.

Choose the location and determine the headquarters

• Location selection: Choose a strategic location for your company headquarters based on the type of business and your logistical needs.
• Lease contract: Obtain a lease contract for the place where your company will reside, and make sure that it complies with the requirements of the competent authorities.

Submit a request to obtain a company name

• Choosing a trade name: Choose an appropriate trade name for your company, and make sure that it complies with local laws and is not similar to the names of other companies.
• Trade Name Registration: Submit an application to register a trade name with the Dubai Economic Development Department (DED) to ensure that the name is reserved for your company.

Preparing legal documents

• Preparing documents: Prepare and collect all necessary documents such as passports, CVs, rental contracts, and professional certificates if necessary.
• Articles of Association: Prepare the articles of association or articles of association of the company, which must be signed by all partners or shareholders.

Documents required to establish a company in Dubai

Establishing a company in Dubai requires submitting a set of basic documents to ensure that all requirements of government and local authorities are met. Dubai, thanks to its distinguished business environment, offers many opportunities for investors and entrepreneurs, but success in the incorporation process depends largely on submitting correct and complete documents. The required documents vary based on the type of company and business activity, and may include legal, commercial, and administrative documents. In this article, we will review the basic documents required to establish a company in Dubai, making it easier for you to understand the requirements and ensuring that the incorporation process goes smoothly. Documents required to establish a company in Dubai

• Passports of founders and directors: Copies of passports of all founders and key directors of the company are required. These copies must be current and valid.
• Personal photos: Provide recent personal photos of founders and directors, usually the size of photos used in passports.
• Company headquarters lease contract: Submit a copy of the lease contract for the place where the company will be located. The contract must be valid and prove that the location is suitable for conducting business activity.
• Articles of Association: Preparing and signing the company’s articles of association, or articles of association, which define the legal structure, objectives of the company, and its internal laws.
• Activity Permits: If the business requires additional permits, such as health or environmental permits, supporting documents must be submitted to obtain them.
• Bank account details: Submit documents to open a bank account in the name of the company, such as the lease contract, licenses, and articles of incorporation.

Our company’s role in establishing a company in Dubai

Establishing a company in Dubai, when done in cooperation with Itqan Company, becomes a smoother and more effective process thanks to the specialized expertise it provides. Hiring Itqan means benefiting from deep knowledge and full familiarity with all aspects of establishing companies in Dubai , from legal requirements to administrative procedures. Itqan Company guides its clients through every step of the establishment process, ensuring that every detail is handled accurately and professionally. From choosing the appropriate type of company and determining business activities to submitting the required documents and dealing with government agencies, Itqan Company works to facilitate every aspect of the process to avoid any complications that may arise.

Thanks to this cooperation, investors can focus on other aspects of their business, such as developing commercial strategies and growth, while Itqan effectively manages the legal and administrative aspects. Itqan’s support ensures full compliance with local laws, reducing legal risks and providing a strong foundation for business success in Dubai. Itqan Company’s extensive experience in dealing with procedures, licenses and documents contributes to accelerating the establishment process and saving time and effort for clients. In the end, cooperation with Itqan Company ensures that your project in Dubai starts correctly and professionally, which contributes to achieving success and sustainable growth for your company in one of the most promising markets in the world.

Frequently asked questions about setting up a company in Dubai