Dubai commercial register

In Dubai’s dynamic business market, obtaining a commercial registration is crucial to the success of companies and individuals in establishing and operating their businesses. In cooperation with Itqan Company, the process of obtaining a commercial register in Dubai is facilitated and the necessary support is provided to achieve economic success.

This large article aims to explore the importance of the commercial registry in Dubai and the role of Itqan Company in providing specialized services and consultations to obtain a successful commercial registry in the city. The article will highlight the importance of the commercial register in establishing companies and protecting their legal rights, in addition to the economic and commercial benefits it provides.

The article will also review the procedures and requirements necessary to obtain a commercial register in Dubai, starting from choosing the appropriate business activity and submitting the required documents, all the way to registration and approval procedures. It will highlight Itqan’s role in providing technical, logistical support and legal guidance to clients to facilitate this process and ensure compliance with legal and regulatory requirements.

In short, this great article will provide a comprehensive overview of the importance of the commercial registry in Dubai and the role of Itqan Company in providing support and consultation to obtain a successful commercial registry. It will highlight the economic and commercial benefits of obtaining a commercial registration and will provide the necessary information for individuals and businesses to make an informed decision and achieve success in their business in Dubai.

Dubai commercial register

What is the trade registry in Dubai?

The Dubai Trade Registry is managed by the Dubai Department of Economic Development (DED), which is the body responsible for regulating and developing the commercial sector in the emirate. The Trade Registry works to provide a favorable and transparent commercial environment for companies and individuals who wish to engage in commercial activities in Dubai, by registering them, documenting their data, and providing them with the necessary support and information. Among the most important functions of the Trade Registry in Dubai are:

1. Registering and establishing a company in New Dubai and updating current company data.
2. Issuing commercial licenses and ensuring their compliance with controls and regulations.
3. Providing information about registered companies and individuals practicing commercial activities.
4. Providing advisory and legal services to investors and companies.
5. Organizing and monitoring business activities to ensure compliance with laws and regulations.
6. The Dubai Trade Register is considered an essential tool to enhance confidence in the commercial environment and attract national and foreign investments to the Emirate of Dubai.

Basic steps to obtain a commercial register in Dubai

Obtaining a commercial register in Dubai requires following a series of steps. Here are the basic steps for obtaining a commercial register in Dubai :

1. Determine the company’s activity: Before starting the registration process, the company’s activity must be precisely determined, as this requires ensuring that the chosen activity is compatible with UAE regulations and laws.
2. Choosing a company name: A unique and appropriate name must be chosen for the company, characterized by clarity, simplicity, and not conflicting with other registered companies.
3. Determine the company structure: Before registering the company, its legal structure and type must be determined, whether it is an individual company, a limited liability company, a one-person company, or any other type of company approved in Dubai.
4. Determine the workplace: The company’s proposed business location must be determined, whether it is in a free zone or another approved location.
5. Submitting the application: The registration application is submitted to the competent authority in Dubai, which may be the Department of Economic Development or the Emirate Authority for Commercial Standards and Metrology.
6. Submitting documents: Documents required for registration must be submitted, such as a copy of the shareholders’ passport, company contract, business plan, and other necessary documents.
7. Payment of fees: The prescribed fees must be paid to register the company, and the amount varies according to the type of company and its activity.
8. Application review: The application and submitted documents are reviewed by the competent authority, and this may require additional review or submission of additional documents.
9. Obtaining approval: After the application is approved and the necessary conditions are met, a commercial register is issued for the company, giving it legitimacy to conduct business in Dubai.
10. Obtaining additional licenses: Some special activities may require additional licenses, such as a building license or health and safety license, which must be obtained before starting work.

Costs associated with obtaining a commercial registration in Dubai

The costs of obtaining a commercial registration in Dubai may vary based on several factors, including the type of company, the scope of its business, and additional services required. Here is a list of the main costs that may be associated with obtaining a commercial registration in Dubai:

• Registration fees: These fees include government fees required to register the company and obtain a commercial register. These fees may vary based on the type of company and scope of its business.
• Lawyer and Legal Consultation Fees: You may need to consult a lawyer or legal advisor to assist you in the process of establishing a company and obtaining a commercial register, which may involve consulting fees.
• Virtual office costs: In some cases, companies must rent a virtual office to use as a business address, and this may incur additional costs.
• Additional services fees: If the company needs additional services such as document translation or legalization, these services may involve additional costs.
• Additional licenses and permits fees: The company may need to obtain additional licenses or permits to conduct certain special activities, and these may involve additional costs.
• Legal advertising costs: Dubai law may require advertising the company’s establishment in local newspapers, and this may incur additional costs.
• Insurance fees: The company may need to purchase different insurances, such as civil liability insurance or property insurance, and this may cost additional amounts.

The importance of obtaining a Dubai commercial register

Obtaining a commercial register in Dubai is considered a basic and necessary step for any company or individual wishing to engage in commercial activities in the emirate, in addition to the special features of a commercial register in Dubai, which are as follows:

1. Business Legitimacy: The Dubai Trade Registry gives companies and individuals legitimacy to conduct business in the emirate. This helps build trust between customers and business partners.
2. Access to government services: The trade register is an official document that enables companies and individuals to access various government and commercial services in Dubai, such as opening a bank account, obtaining licenses, and completing commercial transactions.
3. Intellectual property protection: By registering trademarks, patents and trade names in the trade register, companies can protect their intellectual property rights and avoid counterfeiting and illegal use of their trademarks.
4. Facilitating commercial relationships: A trade register can facilitate communication and interaction with customers and business partners, as the presence of a commercial register is considered evidence of seriousness and stability in business.
5. Tax concessions: Companies registered with the Trade Register may be eligible to take advantage of the tax concessions available to them, reducing the financial burden on the company.
6. Advertising and Marketing: Companies registered in the Trade Register can use this document as a marketing and advertising tool, as the presence of a Commercial Register is considered a sign of credibility and professionalism.

The importance of the Dubai commercial registry

How to change commercial registration information after obtaining it

After obtaining a commercial registration in Dubai, the business owner can change the commercial registration information easily and conveniently according to current business requirements. Information can be changed through the following procedures:

• Submitting a change request: The employer or company official must submit a formal request to change the information in the commercial registry. The application can be submitted online or in person at the office of the entity responsible for managing the commercial registry.
• Submitting Supporting Documents: You must submit the required supporting documents to change the information. These documents can include a copy of new legal documents such as amended company contracts or any other relevant documents.
• Payment of fees: The process of changing information in the commercial registry may require payment of administrative fees. These fees must be paid in accordance with the instructions specified by the authority responsible for the commercial registry.
• Application Review: After submitting the application and supporting documents, Commercial Registry staff will review the application and ensure that all requirements are met.
• Issuing a decision: After review, a decision is made to approve the changes and a formal decision is issued to change the information in the commercial registry.
• Updating documents: After obtaining approval, the company’s official documents such as contracts, agreements, and any other documents containing old information must be updated.

Itqan Company services in opening a commercial register

Itqan Company offers a comprehensive range of services to help customers open a commercial register in Dubai efficiently and easily. These services include:

• Free Consultations: Providing free consultations to clients about the requirements needed to obtain a commercial register in Dubai.
• Document preparation: Assisting clients in preparing company documents required to obtain a commercial register, such as company contracts and owner identity documents.
• Submitting applications: submitting applications to obtain a commercial register to the relevant authorities and following up on the progress of the applications until obtaining the register.
• Assistance in obtaining the necessary licenses: Assisting clients in obtaining the necessary licenses and permits to conduct commercial activities in Dubai.
• Follow-up and support: Providing support and follow-up to customers after obtaining the commercial register to ensure their compliance with local laws and regulations. Thanks to these services, Itqan Company facilitates the process of obtaining a commercial register in Dubai and ensures that the necessary support is provided to customers during all steps.

In conclusion of this article, it can be said that the Dubai trade register is one of the essential elements for the success of business in the Emirate of Dubai. By cooperating with Itqan Company, individuals and companies can benefit from expertise and specialized services to obtain a commercial register in a smooth and efficient manner.

Itqan Company provides support and advice in all aspects of the registration process, from choosing the appropriate company type and determining the business activity, all the way to submitting the required documents and facilitating communication with the relevant government agencies. The company also provides project management services, assistance in preparing documents and achieving compliance with legal requirements.

By using Itqan Company’s services, customers can save time and effort in the process of obtaining a commercial registration in Dubai , and focus instead on developing their business and achieving their commercial goals. Whether you want to create a new company in Dubai or amend your existing commercial registry information, Itqan will be your reliable partner to meet your needs and achieve your business goals.