Opening an organization in Dubai represents an important and strategic investment step for many entrepreneurs and investors who seek to benefit from the dynamic economic environment and the strategic location of the Emirate of Dubai in the heart of the Middle East. Dubai is one of the most important global commercial and economic centers that provides an ideal environment for successfully starting and expanding businesses.

An establishment in Dubai is a form of business that individuals or a few groups can establish to conduct a simple business activity within the emirate. The institution is characterized by being unrestricted by the minimum capital, which makes it easier for small and medium investors to start businesses at reasonable costs.

It also represents an important strategic step for those wishing to invest in the dynamic business environment and rich economic resources that the Emirate of Dubai offers in the heart of the Middle East. The Foundation is an ideal choice for individuals and groups wishing to start their business independently without branches, as this legal body provides the necessary capabilities to start with the lowest possible costs and administrative procedures.

Advantages of opening an establishment in Dubai

Opening an enterprise in Dubai has a number of attractive features that make it an ideal choice for individuals and investors who are looking for a suitable environment to start their business independently and flexible. Here’s an introduction to some of these features:

Ease of incorporation and management:
Procedures for establishing an organization in Dubai are simple and quick, allowing investors to start their businesses quickly. The corporation does not require a lot of documents or complicated bureaucratic procedures compared to other types of companies such as limited companies.

Low costs:
The costs of opening and operating an organization in Dubai are much lower compared to large companies or limited liability companies, which helps investors achieve significant savings in administrative and operational costs.

Flexibility in management:
As an organization, investors have flexibility in managing the business and making decisions, as they can operate the business in a way that suits their own needs without the need for complex management structures or legal complexities.

Maintaining privacy:
Thanks to the nature of the enterprise, business owners maintain privacy regarding their business data and financial transactions, which enhances their confidence and independence in managing the business.

Access to the local and global market:
Dubai is considered a major gateway to accessing the markets of the Middle East region, which provides investors with broad opportunities to expand and diversify their business activities at the local and global levels.

Conditions for opening an institution in Dubai

Opening an establishment in Dubai requires compliance with a number of legal and administrative conditions and requirements set by the Dubai Economic Development Department (DED). These conditions include:

Personal and legal conditions:

The business owner must have the legal capacity to contract.
The founder may not have any other activity that conflicts with the proposed activity of the foundation.
Type of business activity:

The type of commercial activity that the organization will undertake must be determined, and this activity must be compatible with the laws and regulations of Dubai.
Physical location of the institution:

A physical location must be provided for the organization in the Emirate of Dubai, which could be an office or work space suitable for the proposed activity.
Government licenses and approvals:

There may be special licenses or approvals required depending on the type of activity, such as health, environmental or building permits, which must be obtained before work can begin.
Core capital:

The basic capital required for the enterprise must be determined, which can vary depending on the type of activity and conditions required by local authorities.
Necessary insurances:

There may be requirements for health and social insurance for employees and workers if the organization operates on an employment system.
Compliance with legal regulations:

The organization must comply with all local and federal regulations and laws regulating business in Dubai.

Steps to establish a company in Dubai

Establishing a company in Dubai requires following certain procedures to ensure compliance with local laws and commercial legislation. The following are basic steps that must be followed to establish a company in the Emirate of Dubai:

1. Market study and strategic planning
Before embarking on the establishment process, a market study must be conducted to determine whether the business idea is sustainable in Dubai.
Develop a detailed business plan that includes the company’s goals, marketing strategies, and expected financing.
2. Choosing the type of company
Several types of companies can be established in Dubai, including joint stock companies, limited liability companies, and sole proprietorships.
The most appropriate type should be chosen based on the nature of the planned business activity and financing needs.
3. Choosing and registering a company name:
A name that is unique and not similar to the names of other companies registered in Dubai must be chosen.
Register the name with the Dubai Economic Development Department (DED).
4. Preparation of legal documents
: The company’s articles of incorporation and articles of association must be prepared with the assistance of a specialized lawyer.
Signing of documents by the founders or shareholders.
5. Securing the necessary licenses
Obtaining the professional and commercial licenses required from the competent authorities, such as a work license and a commercial activity license.
6. Company registration and insurance.
Register the company in the companies registry at the Department of Economic Development or the competent authority.
Employee, labor and property insurance if required by local laws.
7. Opening a bank account for the company
Opening a commercial bank account in the name of the company to manage financial transactions and investments.
8. Tax Compliance
Register with the Dubai Tax Authority and comply with all local tax obligations.
9. Obtaining Work Visas
Closely arrange and submit work visa applications for foreign employees and managers if there is a need.
10. Starting operational work
After completing all previous procedures, the company’s operational work can begin in Dubai.

The cost of establishing a company in Dubai

The costs of establishing a company in Dubai are among the main factors that entrepreneurs must consider before starting to establish their business in this vibrant economic emirate. Here is an overview of some of the key points of the costs of setting up a company in Dubai :

Company type: A company can be established in Dubai as a sole proprietorship, limited liability company, public or private joint stock company, and costs vary based on the type of company you choose.

Licenses and Permits: Costs vary based on the type of business you plan to engage in, and some activities may require special licenses that may be expensive.

Office and functional space: Rental costs depend on the size of the space you need for your business, and these costs can be high in areas such as downtown or business districts.

Required Capital: Some types of companies may require specific capital as part of the terms of incorporation, and this can affect the overall start-up costs.

Administrative and consulting services: You may need the services of legal advisors, accountants, or translators, and this adds to the establishment costs.

Government and administrative fees: These fees include government fees for registration, licenses, and administrative services related to establishing the company.

Taxes: Dubai offers a business-friendly tax environment, but there can be a few fees you need to pay.

Areas of establishing a company in Dubai

Below is an overview of some of the areas that individuals can consider when considering establishing a company in Dubai , as the emirate offers vast opportunities in various economic sectors:

Real estate and construction: Dubai is witnessing significant growth in infrastructure and real estate, making it an ideal place to establish companies in areas such as real estate development, property management, engineering design, and construction services.

Hospitality and Tourism: Thanks to its geographical location and wonderful tourist facilities, Dubai is a major destination for tourism and hospitality. Hotels, restaurants, tourism and travel services, and leisure activities can be successfully established here.

Technology and Innovation: Dubai is an advanced technology and innovation hub in the region, providing great opportunities to establish companies in areas such as clean technology, smart applications, financial technologies, and artificial intelligence.

E-commerce and digital marketing: As the use of the Internet spreads, the importance of companies in the fields of e-commerce, digital marketing, e-commerce, and social media marketing increases.

Financial and consulting services: Dubai is an international financial center, making it an ideal place to establish companies in the fields of financial services, financial consulting, investment management, and insurance.

Education and Training: With increasing interest in education and professional development, companies can be established in the areas of higher education, vocational training, and personal development.

Health and Medical Care: There is a growing demand for health services and medical care in Dubai, making it a good opportunity to establish companies in areas such as private hospitals, medical clinics, and advanced medical services.

Tips when establishing a company in Dubai

Establishing a company in Dubai can be an important and rewarding step given the thriving economic environment and developed infrastructure in the emirate. Here are some important tips for establishing a successful company in Dubai:

1. Choose the type of company

• Limited Liability Company (LLC): This is the most popular option for small and medium businesses.
• Branch of a foreign company: Suitable for international companies that want to expand their activity to Dubai.
• Free Zone Company: Provides full ownership to foreigners and tax and customs exemptions.

2. Choose a location

• Free Zone: Provides tax benefits and full ownership to foreigners, such as Jebel Ali Free Zone (JAFZA), Dubai Internet City (DIC).
• Mainland: Direct dealing with the local market is allowed, but requires a local partner who owns 51% of the company.

3. Licenses and Permits
Determine the type of business activity you will undertake and make sure to obtain the necessary licenses from the Dubai Economic Development Department (DED) or the appropriate free zone authority.
4. Research and planning
: Study the local market, analyze the competition, and determine the target audience.
Develop a detailed business plan that includes goals, strategies, and budget.
5. Legal procedures
Make sure that all legal requirements and regulations related to incorporation are met, including the company’s articles of association and articles of association.
Hire a local lawyer or legal advisor to avoid legal mistakes.
6. Financing
Securing the necessary financing to cover the company’s initial and operational costs.
Search for various financing sources such as bank loans, investors, or investment incubators.
7. Registration
Register the company with the Department of Economic Development (DED) or the relevant free zone authority.
Open a commercial bank account in a local bank.
8. Infrastructure and Technology
Invest in advanced technology and the right infrastructure to support your business.
Consider office locations that provide high-quality logistics services and technical support.
9. Recruitment
Appointing a qualified and experienced work team to support the company’s growth.
Ensure compliance with local labor laws and work visa regulations.
10. Marketing and Public Relations
Develop an effective marketing strategy to attract customers and enhance the brand.
Building a strong network of relationships with local and international customers and partners.

Our company’s role in opening an institution in Dubai

In conclusion, it can be said that opening an establishment in Dubai in cooperation with Itqan Company can be a great strategic move for investors and entrepreneurs seeking to achieve business success in one of the most vibrant and prosperous markets in the world. Thanks to its extensive experience and deep knowledge of the business environment in Dubai, Itqan Company can provide the necessary support at every stage of establishment, from choosing the type of company and the appropriate location, through obtaining the necessary licenses and permits, and even providing legal and financial advice.

Working with a specialized company like Itqan ensures that you comply with all local regulations and laws, and allows you to focus on developing and growing your business with confidence and reassurance. With good planning, effective collaboration, and the use of available resources and expertise, you can achieve your business goals and establish a successful and sustainable company in Dubai.

Frequently asked questions about opening a corporation in Dubai