Methods and requirements for opening a commercial register in Dubai

The methods and requirements for opening a commercial register in Dubai is one of the most important things that investors and entrepreneurs are looking for. This is because of the importance of opening a commercial register in Dubai, as the city of Dubai has become one of the most important commercial centers in the world, and this is thanks to the diversity of investment fields in it, whether commercial, industrial or professional. The matter is no longer limited to oil only. That is why we present to you in the following lines ways to open a commercial register in Dubai.

Opening a commercial register in Dubai is an essential and vital step for individuals and companies wishing to start businesses in this vital and dynamic emirate in the United Arab Emirates. Opening a commercial register is an essential step that paves the way for starting a successful business in Dubai. The process of opening the register requires success and planning. Good to ensure compliance with local laws and regulations.

We will explore the process of opening a commercial registry in Dubai , including the basic steps, requirements and benefits that the process entails. We will take an overview of the procedures that must be taken and the documents required, in addition to reviewing some tips and guidance to ensure the success of opening a commercial registration in Dubai.

What is the commercial register in Dubai?

The Dubai Commercial Register is the official register that contains all information related to commercial companies registered in the Emirate of Dubai. The Commercial Registry is managed by the Department of Economic Development in Dubai, and is essential for registering companies, updating their data, and issuing commercial licenses. The commercial register usually contains information such as company name, type of activity, company structure, head office address, shareholder data, and contact information. The commercial registry regulates commercial activities and enhances transparency and integrity in the business environment in Dubai, which contributes to attracting investments and promoting economic growth in the emirate.

Establishing a company in Dubai 

Establishing a company in Dubai in cooperation with Itqan Company requires following several conditions to ensure legal compliance and success in the establishment process. First and foremost, the company to be established must be compliant with the local laws and regulations in Dubai. The business activity that the company will undertake must also be determined, which must comply with local regulations.

Secondly, the company to be established must have sufficient capital appropriate for the type of business activity it wishes to engage in. The amount of capital needed is determined based on the type of company and its legal structure.

Third, the company must submit all necessary documents required to the Dubai Department of Economic Development, including the articles of incorporation and articles of association of the company and personal documents of legal officials.

Finally, the company to be established must obtain the necessary approvals from the competent authorities in Dubai, such as the Ministry of Health, Civil Defense, and any other authorities related to the type of business activity. By complying with these conditions, the company can successfully establish itself in Dubai in cooperation with Itqan Company.

Types of commercial registration in Dubai

You must know the methods and requirements for opening a commercial registry in Dubai. The types of commercial registry in Dubai are divided into two main categories that are important to know because they help you establish your company or commercial activity in a successful and distinctive manner. Here are those types:

1. General Commercial Register: It is used to register general commercial companies and commercial establishments in Dubai.
2. Commercial Institution Register: It is used to register commercial institutions operating in specific sectors such as trade, services, and manufacturing.
3. Professional Register: It is used to register individuals who practice liberal professions, such as doctors, lawyers, and engineers.
4. Private Companies Register: It is used to register private companies owned by one or a limited number of people.
5. Public Companies Register: It is used to register public companies that offer their shares for sale to the public.

Documents required to open a commercial register in Dubai

To open a commercial register in Dubai, you must know the methods and requirements for opening a commercial register in Dubai, submit a set of documents and procedures. Here is a list of basic documents you need:

Registration application form:

• The registration application form must be filled out with personal information and details related to the business activity, so that the investor can establish the company in Dubai that he wishes to establish.
• This form can be obtained from the Department of Economy and Commerce in Dubai.

Copy of passport or ID card:

• A certified copy of the passport or ID card must be submitted to the owner or general manager of the company.
• Letter from UAE partner (if you plan to open a company in key regions):
• If you are planning to open a company in the main areas of Dubai, you must have an Emirati partner.
• A letter must be obtained from the Emirati partner stating his approval to establish the company.

Letter from the bank:
You must obtain a letter from the bank proving your ability to finance and operate the company, which is one of the methods and requirements for opening a commercial register in Dubai.

Lease contract or virtual office license:

• You must provide a copy of the lease agreement for the office you will be using for business purposes.
• If you are using a virtual office, you must provide a copy of your virtual office license.

A letter from the authority supervising the commercial activity:

• You must obtain a letter from the entity supervising your business activity (such as the Department of Tourism and Shopping or the Department of Economy and Trade).

Fees and costs related to registration:

• The required fees must be paid to the Department of Economy and Trade to complete the registration process.
• Please check with the Department of Economy and Commerce in Dubai for more detailed information about the required documents and procedures for the methods and requirements for opening a commercial register in Dubai.

Fees associated with opening a commercial register in Dubai

The economic benefits and advantages of opening a commercial register in Dubai

The economic benefits and advantages of opening a commercial register in Dubai are many and varied, and Dubai is a favorite destination for many entrepreneurs and small, medium and large companies. As the methods and requirements for opening a commercial register in Dubai vary, here are some of the main benefits and advantages:

• Strategic location and access to regional and global markets: Dubai is strategically located between East and West, making it a natural gateway for international trade. Opening a commercial register in Dubai allows companies to access regional and global markets easily, and Dubai’s advanced infrastructure provides an important competitive advantage.
• Flexible and favorable business environment: Dubai is characterized by a flexible and favorable business environment, as companies enjoy full freedom of ownership and no restrictions on transferring profits or exporting currency. Dubai also provides a legal and regulatory framework based on international standards to protect property rights and facilitate business operations.
• Advanced infrastructure: Dubai has an advanced infrastructure that includes modern airports, advanced sea ports, and land and railway transport facilities, which facilitates the transportation of goods and international trade.
• Easy access to financing: Dubai provides a developed financial environment with the presence of many international banks and financial institutions, which facilitates obtaining the financing necessary for the company’s growth and business development.
• Political and economic stability: Dubai enjoys political and economic stability, making it a safe and reliable environment for investment and business development.
• Tax breaks: Dubai provides many tax breaks and incentives to businesses, including exemption from income tax and value-added tax (VAT) in some sectors.

In short, opening a commercial register in Dubai provides many economic opportunities and competitive advantages that contribute to the success and development of businesses in this vibrant and prosperous emirate.

Steps to open a commercial register in Dubai

Steps to establish a company in the free zone in the Emirates

Determine the nature of economic activity

Determine the nature of economic activity is the process of defining and determining the type and scope of business activities carried out by a company or institution. This includes determining whether the company operates in the field of industry, trade, or services, and determining the type of goods or services it produces or provides. Choosing the nature of economic activity depends on several factors, including the target market, competition in the market, and local laws and legislation that regulate this activity. Defining economic activity clearly and accurately helps to effectively define business strategies and successfully achieve the company’s goals.

Choose the legal form of your company

Choosing the legal form of your company is a crucial strategic step that depends on the nature of the business and the future goals of the company. A legal form such as a joint stock company, limited liability company, or partnership can be chosen based on the desired financial responsibility, the number of partners or shareholders, and the required internal organization. The choice must be compatible with local laws and legislation, and effectively support the company’s future growth and expansion strategies.

Register the trade name

Registering a trade name is an essential step in the process of establishing a business, as it allows the company’s identity to be defined and distinguished from other companies in the market. The registration process includes ensuring that the name does not conflict with previously registered trademarks, and filing the required applications with the competent authorities. Registration contributes to protecting the company’s rights and enhances trust between customers and business partners, which contributes to the success and growth of the business in the market.

Apply for initial approval

Applying for initial approval is a crucial step in the business establishment process, as it requires the entrepreneur to submit the necessary documents and information to the competent authorities to obtain initial approval to establish the company. This submission includes an explanation of the nature of the business, the proposed company structure, and expected financial plans. Initial approval contributes to confirming the legality and legitimacy of the business, and paves the way for the next steps in the establishment process in a comprehensive and effective manner.

Prepare the company’s articles of incorporation

Preparing the company’s articles of incorporation is a vital step in the business establishment process, as this contract is considered the legal basis that regulates shareholder relations and determines the company’s structure and commercial activity. The contract must contain accurate and comprehensive information about the names, responsibilities and rights of shareholders, in addition to the basic financial and administrative details of the company. Preparing a good articles of incorporation helps avoid potential conflicts and enhances transparency and stability in the management of the company from the beginning.

Choose a location to conduct your business

Choosing a location to conduct your business is a strategic decision that greatly affects the success of the company. It requires consideration of several factors such as access to customers and partners, proximity to necessary infrastructure such as transportation and utilities, rental costs and local taxes. The chosen location should also be in line with the nature of the business and the future plans of the company, contributing to operational efficiency and sustainable growth of the business.

Apply for additional government approvals

Applying for additional government approvals includes the process of submitting the necessary applications and documents to the competent authorities, with the aim of complying with local legislation and regulations. These procedures include reviewing the environment, health, safety, and any requirements specific to the industry or business in question. Obtaining government approvals aims to ensure the legal and safe operation of the company, and to qualify it to deal effectively with the market and the local community.

Submit the required documents

Submitting the required documents is a crucial step in the process of obtaining government approvals or establishing a company. These documents usually include copies of the company’s articles of incorporation, character certificates, financial plans, and any supporting documents outlining the nature of the business and organizational structure. Documents must be submitted accurately in accordance with the requirements of the relevant authorities, to ensure that the process runs smoothly and that the necessary approvals are obtained as quickly as possible.

Pay the fees and receive the license

Paying the fees and receiving the license is the final step in the process of obtaining government approvals or establishing a company. After completing the necessary procedures and submitting the required documents, the entrepreneur must pay the financial fees specified by the competent authorities. Next, the necessary license or license to legally and officially start the business is issued, allowing the company to operate in compliance with local laws and relevant legislation.

Register your company with the Chamber of Commerce and Industry

Registering your company with the Chamber of Commerce and Industry is an essential step to establishing a business legally and officially. The local Chamber of Commerce and Industry provides a platform for registering companies and providing the necessary services to help facilitate administrative procedures. Registering the company in the chamber includes determining the legal form of the company, submitting the required documents, and paying the specified financial fees. This step helps provide transparency and legal protection for the company, and paves the way for dealing confidently with customers and business partners.

Challenges and tips for opening a commercial register in Dubai

When opening a commercial registry in Dubai, you may face some challenges that must be dealt with carefully. Here are some of the methods and requirements for opening a commercial registry in Dubai, as well as potential challenges and tips to overcome them:

1. Dealing with bureaucratic procedures: You may face challenges due to complex bureaucratic procedures and the long time it may take to open a commercial register. Therefore, it is advisable to plan early and prepare all the required documents and information in advance.
2. Understanding local laws and regulations: It is important to understand the local laws and regulations related to opening a business registration in Dubai. It is recommended to cooperate with specialized local legal counsel to ensure full compliance and avoid potential legal problems.
3. Verify legal and financial documents: Ensure that all legal and financial documents match and are up to date. It is advisable to check all contracts, agreements and financial documents to ensure the integrity of the business process.
4. Dealing with cultural and linguistic challenges: You may face cultural and linguistic challenges, especially if you are not familiar with the local culture and the Arabic language. It is recommended to research and learn about local culture and traditions, and to seek the help of professional translators if necessary.
5. Managing costs and expenses: A solid financial plan must be developed and costs managed carefully, especially in the initial period of starting a business. You must ensure that you have sufficient funding to cover all the costs necessary to open the commercial register and operate the company.
6. Build a strong network: Build good relationships with relevant government agencies, legal officials, local businesses, and potential clients. A strong network helps facilitate the business process and solve problems quickly.

In short, opening a commercial registration in Dubai faces the usual challenges that any business establishment or start-up may face. With proper plans and knowledge of potential challenges, these challenges can be overcome and sustainable business success in Dubai can be achieved.

Requirements for opening a commercial register in Dubai

The city of Dubai helps many entrepreneurs take advantage of the advantages of investing in Dubai . Here are the most important requirements for opening a commercial register in Dubai: 

1. Getting the approval 

First, approval must be obtained, through which all procedures related to the client are completed in the relevant government departments, by requesting electronically or visiting the pledge centers.

2. Obtain a trade name

Reserve the trade name available for the trade license through the website or by visiting the Economic Service Center in Dubai. The name can also be obtained before initial approval.

3. Obtaining a commercial license

Submit an application for a commercial license through the website or by visiting the Economic Service Center in Dubai.

4. License renewal

This is done via text messages and writing the license number in it, and the Economic Service Department will respond to you with the payment authorization for the renewal or through the website.

Ways to open a commercial register in Dubai

There are several steps that must be taken in order to be able to open a commercial register in Dubai , which we mention in the following points:

• Attach the documents and papers that were previously extracted during the commercial license application, and send them to the Dubai Economic Development Authority.
• Pay all fees related to the commercial license.
• Register in the Chamber of Commerce as a member.
• Adding the capital value to the commercial registry papers.
• Finally, the commercial register must be received.

If you need to establish a company in Dubai and are looking for an agent to help you open a commercial register in Dubai accurately, you can contact us and one of our experts will assist you in all procedures without requiring you to make an effort or waste time and learn the methods and requirements for opening a commercial register in Dubai.

Dubai is characterized by a dynamic and innovative business environment that attracts entrepreneurs and companies from all over the world, and opening a commercial register there represents a gateway to benefiting from this fruitful environment. Dubai allows companies to access a wide and diverse market of local and international customers, and provides advanced infrastructure and distinguished services to support business success.

The most important frequently asked questions about opening a commercial register in Dubai