The best company for establishing companies in Dubai

Establishing a company represents a vital step towards achieving success and growth. In order to simplify this process and provide the necessary support to investors, Itqan Company stands out as a strategic partner for establishing companies in Dubai. Establishing companies in Dubai is a complex task that requires a deep understanding of the local market and legal procedures, and here Itqan Company stands out for its excellence in providing comprehensive and customized solutions for establishing companies. Itqan has extensive experience and strategic partnerships in Dubai, making it the ideal choice for investors seeking to start their business in this dynamic economic environment. In this article, we will explore the role of Itqan Company, the best company establishing companies in Dubai, as a reliable and effective partner in establishing companies in Dubai , and shed light on the distinguished services it provides to help investors successfully achieve their business goals.

The best company for establishing companies in Dubai

Establishing a company in Dubai

Establishing a company in Dubai is considered an important and exciting investment step, as this modern city provides a dynamic business environment and ample opportunities for success and growth. Dubai is characterized by economic diversification, advanced infrastructure, and flexible regulatory policies, making it a preferred destination for investors from around the world.

The process of establishing a company in Dubai requires good planning and knowledge of legal and regulatory procedures and requirements. This process begins by determining the appropriate type of company for the business activity to be practiced, whether it is a limited liability company (LLC), a company in free zones, or other available types.

After that, all required documents are prepared and submitted to the relevant authorities, such as the Department of Economic Development in Dubai or the selected free zone. These documents may include the company’s articles of incorporation and articles of association, copies of passports, personal photos of shareholders and directors, proof of their addresses, and others.

After meeting all requirements and obtaining the necessary approvals, the company is registered and a business license is issued, allowing it to start doing business legally.

Investors can benefit from the services of specialized local establishment companies, such as Itqan Company, which provides comprehensive services that include consultations, arranging documents, and assistance in obtaining licenses and permits, which facilitates the company establishment process and spares them many potential challenges and problems.

Steps to establish a company in Dubai

The process of establishing a company in Dubai includes several steps that must be followed carefully to ensure compliance with local laws and legislation. Here are general steps for establishing a company in Dubai:

1. Determine the type of company: Before starting the establishment process, you must determine the type of company appropriate for the business activity to be practiced, such as a limited liability company (LLC) or a company in free zones.
2. Choosing a trade name: Choosing a suitable and unique name for the company. You must verify that the name is available and does not resemble existing companies.
3. Determine the commercial activity: Determine the activity of the company to be established and operated, and it must be ensured that it complies with the necessary permits and licenses.
4. Identifying shareholders: Determine the identity and percentage of shareholders in the company, and then prepare the articles of association and articles of association accordingly.
5. Submitting legal documents: Submitting all necessary documents to the competent authorities, such as the Department of Economic Development in Dubai or the General Authority for Regulating the Business Sector in Free Zones.
6. Obtaining approvals: Waiting for the necessary approvals from the relevant authorities, such as the Ministry of Economy, the Financial Services Authority, or the municipality.
7. Signing the lease contract: Signing a lease contract for the company’s headquarters, and this headquarters must be compatible with legal requirements.
8. Registration and obtaining a license: After meeting all conditions and obtaining approvals, the company is registered and a commercial license is issued.
9. Opening a bank account: Opening a commercial bank account in the name of the company, in order to facilitate financial and accounting operations.
10. Issuing residence visas: Issuing residence visas to foreign managers and employees who work in the company.

Expected costs of establishing a company in Dubai

The expected costs of setting up a company in Dubai vary based on several factors, including the type of company, the amount of capital required, and additional services you may need. However, here is a general estimate of some of the basic costs you may encounter during the company formation process in Dubai:

• Registration fees: Includes fees for registering the company and issuing a commercial license. These fees vary based on the type of company, its location, and its commercial activity.
• Costs of consulting services: You may need to use the services of a legal or accounting consulting firm to help you prepare the necessary documentation and comply with local laws and regulations, and this is part of the costs.
• Real estate costs: You may need to pay insurance and rent for the company’s headquarters, and these costs vary based on the location and size of the office.
• Licenses and Permits Costs: Some businesses may require additional licenses or special permits, and these may be additional expenses to consider.
• Advertising and marketing costs: You may need to spend money on advertising and marketing campaigns to strengthen your company’s brand and increase awareness in the market.
• Government Services Fees: There may be additional fees for government services such as work visas and municipal licenses.
• Insurance costs: There can be costs to purchase insurances required by local laws, such as civil liability insurance and employee health insurance.
• Banking costs: There may be costs associated with opening a company bank account and other banking services related to day-to-day operation.

The best company for establishing companies in Dubai

It is difficult to definitively determine the best company for establishing companies in Dubai , as there are many companies specialized in this field that provide distinguished services. Among these companies, Itqan Company stands out as one of the most prestigious and reliable companies in the field of company formation in Dubai.

Itqan Company is distinguished by its long experience in this field, and provides a comprehensive range of services that include strategic advice, preparing legal documents, providing support in licensing and registration processes, and guidance on local laws and regulations.

In addition, Itqan Company has a good reputation and excellent relations with government agencies in Dubai, which facilitates the establishment process and helps overcome any legal or administrative obstacles that the new company may face.

However, the investor must do good research and compare the options available to him before making his final decision, and ensure that the company he chooses to establish his company in Dubai has experience and credibility.

Services provided by Itqan Company

Itqan Company offers a variety of services to help clients establish and operate companies in Dubai successfully. Among the services provided by the company:

1. Company Establishment Consulting: Providing advice and guidance to clients on the types of companies suitable for their business needs and requirements.
2. Company Registration: Assisting clients in preparing and submitting all documents required to register companies in the UAE.
3. Arranging licenses and permits: Assisting clients in obtaining the necessary licenses and permits from the relevant authorities in the Emirates.
4. Corporate services in free zones: Providing advice and assistance in establishing companies in free zones, with a focus on the tax and administrative benefits available in these zones.
5. Project Management: Providing project management services to facilitate operational processes and achieve goals efficiently.
6. Post-incorporation care services: Providing ongoing support and advice after the company is established to ensure continued success and sustainable growth.
7. Recruitment and career guidance services: Assisting clients in recruiting and selecting human resources appropriate to the company’s needs.
8. Tax and Financial Services: Providing tax and financial services to ensure full compliance with local legislation and regulations.
9. Market research services: Conducting market studies and analyzes to help clients make the right business decisions according to market conditions.
10. Government relations services: providing support and assistance in dealing with government agencies and facilitating administrative and regulatory procedures.

At the conclusion of this article, we find that Itqan Company stands out as one of the best companies in Dubai specialized in establishing companies in Dubai . Itqan Company is distinguished by its long experience and good reputation in the field of establishing companies, as it provides integrated and comprehensive services to investors who want to start their business in Dubai.

By providing strategic advice, providing legal and financial support, and facilitating licensing and registration processes, Itqan ensures that its clients receive the full and professional support they need to successfully establish their companies in Dubai.

In addition, Itqan has a deep understanding of the local market in Dubai and its regulations and laws, which facilitates the establishment process and limits the risks that new companies may face.

The most frequently asked questions about establishing a company in Dubai