Opening a commercial register in Dubai Features and procedures At the beginning of every commercial business, opening a commercial register in Dubai is a basic and necessary step that contributes to establishing the company and forming its legal identity. Opening the commercial registry in Dubai is considered the starting key for new companies and commercial institutions to enter the business market and begin practicing commercial activities officially and legally.

Itqan Company is the ideal partner for companies and institutions seeking to open a commercial register in Dubai , as it provides a comprehensive range of services and consultations that help facilitate and streamline this process with high efficiency in accordance with local legal standards and laws. Let us explore some of the advantages and procedures associated with opening a commercial register in Dubai, as well as the role of Itqan Company in this context.

The main steps to open a commercial register in Dubai

The main steps for opening a commercial registration in Dubai include many procedures and requirements that must be followed precisely to ensure the success of the registration process. Here are the general steps involved in this process:

1. Determine the type of company:
   You must first determine the type of company you wish to establish, such as a sole proprietorship, a limited liability company, a joint-stock company, or another commercial company.
2. Choosing a trade name:
   Therefore, you must choose a unique trade name that is not similar to the names of other companies in Dubai, and the name must be in line with legal regulations.
3. Preparing the necessary documents:
   Opening a commercial register also requires submitting the necessary documents such as a copy of the passport, a copy of the residence permit, the company permit, and authorization if necessary.
4. Determine the initial place of work:
   Then you must determine the place where the company’s operations will be held, whether it is in an office or a commercial headquarters.
5. Payment of fees and costs:
   Opening a commercial register also requires paying the fees and costs required for the registration process, licenses, and necessary consultations.
6. Submitting the application and reviewing the government agencies:
   Therefore, after completing the required documents and fees, the application must be submitted to the competent government agencies and wait for the application to be reviewed.
7. Obtaining licenses and approvals:
   Therefore, after reviewing government agencies, the necessary licenses and approvals are granted to start the business.
8. Tax Registration:
   The registered company must also comply with tax registration and register with the relevant tax authorities in Dubai.
9. Opening a bank account:
   This then requires opening a commercial bank account for the company to manage financial operations and financial transactions.
10. Compliance with legal requirements:
    The company must also adhere to all local and international legal conditions and regulations to ensure compliance and maintain a successful commercial record.

These steps are the basic steps to open a commercial register in Dubai, and the details can change depending on the type of company and business activity chosen. It is necessary to check the current regulations and laws in Dubai and consult with Itqan to ensure full compliance and success in the business registration process.

Documents required to open a commercial register in Dubai

To open a commercial register in Dubai, a set of basic documents must be submitted to ensure the successful completion of the registration process. The required documents may vary slightly based on the type of company and type of business, but generally include the following:

• Company registration application: Fill out and submit the company registration application form, which can be obtained from the Department of Economic Development (DED) or the Authority’s website.
• Copy of Passport: A certified copy of the passport of all shareholders and directors of the company. Copies must be clear and valid.
• Personal photographs: Passport-sized photographs of shareholders and directors.
• Memorandum of Association and Articles of Association: A certified copy of the company’s Memorandum of Association and Articles of Association, detailing the company’s details and activities.
• Initial Approval: Initial approval from the Department of Economic Development (DED) confirming the acceptance of the planned business activity.
• Lease contract: A lease contract for the company’s headquarters, approved by the Real Estate Regulatory Authority (RERA) or the competent authority, showing the company’s address and location.
• Trade Name Certificate: A trade name reservation certificate from the Department of Economic Development, which confirms the reservation of the name that will be used in the commercial registry.
• Business activity details: An accurate description of the business activity that the company will undertake, which must comply with the activities approved by the authorities.
• Approval of competent authorities: For some commercial activities, you may need additional approvals from specific government agencies such as the Ministry of Health or the Telecommunications Regulatory Authority.
• Directors’ Signature: An approved signature form for all authorized directors in the company.
• Registration fees: Pay the specified fees for company registration, which vary based on the type of activity and the size of the company.
• No Objection Certificate (NOC): If any of the shareholders or directors hold UAE residency issued by another sponsor, a NOC from the current sponsor must be submitted.

Conditions for opening a commercial register in Dubai

To open a commercial register in Dubai, there are conditions and requirements that must be met and provided in accordance with government laws and regulations. Here are some basic terms and requirements:

1. Health and safety permits:
   Some companies may also need to obtain health and safety permits, especially if they deal with food or medical products.
2. Licenses for professions:
   In addition, some professions require special licenses, such as health, engineering, and accounting professions, and they must be obtained before starting a business.
3. Building and urban planning permits:
   Also, if you have a commercial place for your company, you may need building permits and urban planning permits from the local authorities.
4. Environment and energy permits:
   Then the authorities may require environment and energy permits, especially if the company deals with environmentally harmful materials or consumes large amounts of energy.
5. Contracts and agreements:
   Therefore, the company can request the preparation of contracts with customers, partners, suppliers, and tenants, and these contracts must comply with local regulations and laws.
6. Registration in professional unions:
   Some professions require registration in recognized professional unions in order to practice work legally.
7. Liability insurance:
   Therefore, government agencies can request civil liability insurance for the company to protect customers, workers, and other parties involved.
8. Documenting agreements and contracts:
   The main agreements and contracts between the company, customers and partners must be legally documented.
9. Contributing to the community:
   Then some companies may need to participate in CSR initiatives as part of compliance and outreach to the local community.
10. Industry-specific regulations:
    Some industries such as banking, insurance and chemical industries need to comply with their own regulations.

These are some other needs that may be required and vary depending on the company’s activity and applicable local and international laws. It is essential to check current requirements and communicate with relevant authorities to ensure compliance and success in the business registration process.

The importance of the commercial register for establishing companies

The commercial register represents a vital and necessary element for establishing companies in any country, and it has several importance that make it an integral part of the establishment process. Here are some reasons why a commercial registry is important:

1. Legitimacy and transparency:
   The commercial register is also considered legitimate evidence of the company’s existence and legitimacy, and it confirms that the company enjoys transparency and integrity in its work.
2. Legal protection:
   The commercial registry also gives the company legal protection, as it has certain rights and duties in accordance with local and international laws and regulations.
3. Access to markets and customers:
   Therefore, the commercial registry is considered a means of accessing markets and customers, as many customers and business partners deal with officially registered companies.
4. Banking and financial dealings:
   The commercial register is then considered a basic condition for obtaining banking and financial services, such as opening commercial bank accounts and obtaining financing from banks.
5. Marketing and Promotion:
   The commercial registry is also considered a means of marketing and promoting the company, as it makes it easier for the company to obtain contracts and commercial opportunities.
6. Legal Compliance:
   The commercial registry also obliges the company to comply with the necessary laws and regulations, and motivates it to comply with financial reports and other legal matters.
7. Intellectual property rights:
   The commercial registry therefore enhances the company’s intellectual property rights, such as trademarks, copyrights, and inventions.
8. Ease of partnerships and investments:
   The commercial registry then facilitates the processes of partnerships and investments, as it enhances trust between partners and makes them deal more safely.
9. Contribution to economic development:
   The commercial registry is also considered part of the development of the local economy, as it contributes to attracting investments and creating job opportunities.
10. Reputation and credibility:
    The commercial register also enhances the company’s reputation and credibility in the market, which contributes to achieving business success and commercial relations.

These are some of the importance that make the commercial registry an essential and necessary part of establishing a company in Dubai , as the commercial registry represents the official identity of the company and the primary guarantee of its continuity and success in business.

Commercial activities permitted in Dubai and company establishment

In Dubai, a wide range of business activities are permitted for which companies can be established. Here are some common businesses that are allowed in Dubai:

1. Professional services: then include engineering consultations, interior design, graphic design, engineering design, legal and accounting consultations.
2. Retail: It also includes retail stores for clothing, shoes, electronics, furniture, jewelry, watches, gifts, etc.
3. Restaurants and cafes: It also includes public restaurants, fast food restaurants, cafes, bakeries, confectioneries, and drinks.
4. Medical services: Therefore, it includes public and private medical clinics, hospitals, pharmacies, and various medical services.
5. Banks and financial services: Then it includes banking services, insurances, financial investments, and multiple financial services.
6. Technology and software: It also includes software development, phone applications, information and communications technology services, and cybersecurity technologies.
7. Construction and Engineering: Balali services include construction, architecture, civil engineering, electrical and mechanical engineering.
8. Education and training: Then it includes public and private education centers, training institutes, and educational and training courses.
9. Tourism and Hospitality: It also includes hotels, resorts, tourism services, travel and tourist transportation.
10. Small and medium industries: It also includes various small and medium industries such as the food and beverage industry, handmade products, and wood industries.

These are just a few examples of the business activities permitted in Dubai, and there are many other activities that companies can be established to practice legally and legitimately. It is necessary to check current regulations and laws and consult with Itqan Company to ensure full compliance and success in the process of establishing companies and conducting business activities correctly.

Cost to open a commercial register in Dubai

These are some of the potential costs, and prices and costs may change based on individual circumstances, the type of company and the proposed business activity. Below is an overview of the expected costs of opening a commercial registration in Dubai without reference to specific prices:

1. License fees:
   Basic licensing fees must also be paid to obtain a commercial register in Dubai. These fees vary depending on the type of company and business activity chosen.
2. Advertising and publishing costs:
   Then you may need to publish an advertisement in local newspapers to announce the opening of a commercial register, and this includes publishing costs.
3. Government services fees:
   These fees also include government fees for services provided by government agencies within the framework of the process of opening the commercial register.
4. Legal Consultation Costs:
   Then they can cost legal consultancy to help prepare the necessary documents and ensure legal compliance.
5. Financial records costs:
   You may also need to secure the company’s necessary financial records, including financial reports and accounting records.
6. Tax registration costs:
   The company must also be tax registered, and these costs may include registering value-added tax and other taxes, depending on the case.
7. Insurance costs:
   Then different insurances can cost such as property insurance, medical insurance, and civil liability insurance.
8. Virtual office costs:
   Also, if the company needs a virtual office before obtaining a permanent office, it may need to pay the costs of the virtual office.
9. Costs of bureaucratic operations:
   Therefore, it can include bureaucratic costs such as ratifying the necessary documents and documentation from approved bodies.
10. Labor and training costs:
    The company must also pay labor and training costs if it employs employees.

These are some potential costs, and prices and costs may change based on individual circumstances, the type of company and the proposed business activity. It is necessary to continually research and consult with Itqan Company to obtain an accurate estimate of the expected costs.

How our company can help you open a commercial register in Dubai

Itqan Company can provide a range of services to help you open a commercial register in Dubai. Here are some ways that Itqan can help you:

1. Legal consultations:
   Itqan Company can also provide legal consultations on the legal procedures and local regulations required to open a commercial register in Dubai.
2. Preparing documents:
   Therefore, Itqan Company can provide services for preparing the documents necessary to open the commercial register, such as contracts, agreements, and financial documents.
3. Guidance in procedures:
   Itqan Company can also guide you through all the procedures necessary to open a commercial registry in Dubai, including government registration and legal announcements.
4. Assistance in finding a location:
   Then Itqan Company can help you search for the appropriate location to open the commercial register, including a virtual office if necessary.
5. Communication with government agencies:
   Therefore, Itqan Company can communicate with government agencies and manage all administrative procedures and transactions required to open the commercial register.
6. Applying for permits and licenses:
   Itqan Company can also help you submit applications for the permits and licenses necessary to practice commercial activity in Dubai.
7. Support in tax compliance:
   Therefore, Itqan Company provides support in tax compliance and submitting the required financial reports to the tax authorities in Dubai.
8. Training and Development:
   Itqan Company then provides training and development programs for employees to enhance their skills and help manage the company efficiently.
9. Assistance in management and operation:
   Itqan Company can also provide assistance in managing and operating the company, including financial and accounting management services.
10. Strategic guidance:
    Itqan also provides strategic guidance to improve the company’s performance and achieve growth and expansion goals.

These are some of the ways that Itqan can help you open a commercial register in Dubai, and you can be directed to specific services based on your company’s needs and individual requirements.

Finally, benefit from opening a commercial register

Opening a commercial register in Dubai is considered a crucial step for entrepreneurship and investment in the thriving emirate of Dubai. Dubai has a distinctive and flexible business environment, and offers many advantages that attract entrepreneurs and startups. Here’s a comprehensive look at the main features and procedures for opening a commercial registry in Dubai.

Therefore, one of the most important advantages provided by opening a commercial register in Dubai is access to a diverse and developed global market, as Dubai is considered a center for global business and a destination for many leading international companies. In addition, the emirate allows you to open doors to many business opportunities and strategic partnerships with local and international companies.

Other aspects that make opening a commercial register in Dubai attractive are the advanced infrastructure, flexible legislation, and significant government support for entrepreneurship and investment. Start-ups and small and medium enterprises enjoy a suitable environment for growth and expansion, and enjoy continuous support from government agencies and regulatory bodies.

Also among the main procedures that must be taken to open a commercial registry in Dubai are obtaining a license from the competent authorities, determining the company’s activity, registering the company in the commercial registry, and insuring property and employees. Furthermore, all local legal and tax regulations and regulations must be adhered to.

In conclusion, in short, it can be said that opening a commercial register in Dubai is a vital step to achieving success in the business world, thanks to the many advantages that the emirate provides and the easy and simplified procedures that facilitate the investment and growth process.

Frequently asked questions about opening a commercial register in Dubai