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Opening a commercial register in Dubai: Learn the steps

٢٣ مارس Opening a commercial register in Dubai: Learn the steps

How to Open a Commercial Register in Dubai Opening a commercial register in Dubai is a crucial step for anyone looking to start a business in this global city. Thanks to its thriving economic environment and diverse investment opportunities, Dubai has become an ideal destination for entrepreneurs and investors from all over the world. However, opening a commercial register in Dubai requires following a series of legal and administrative procedures that ensure compliance with local laws and regulate business activity. In this article, we will review the basic steps to open a commercial register in Dubai , in addition to some important tips to facilitate this process and ensure the success of your business project.

Commercial register in Dubai

The commercial register in Dubai is a basic legal document used to register various commercial activities and projects in the emirate. Obtaining a commercial register is a necessary first step for any individual or company wishing to conduct business officially in Dubai, where it is legally recognized as a commercial entity. The commercial register contains vital information such as the company name, type of business activity, owner or owners details, and the legal address of the company. The commercial register for establishing a company in Dubai also serves as a legal framework that regulates the relationship between the business owner and various government entities, and allows obtaining the necessary licenses to practice commercial activities. Through it, businesses can obtain legal protection, deal with customers and suppliers with confidence, and enter into official contracts. The commercial register is also an essential part of the government’s efforts to regulate the market and enhance transparency in commercial transactions. In Dubai, the commercial register is characterized by easy procedures and fast transactions, reflecting the emirate’s commitment to providing a favorable business environment for investors. The government provides many electronic services to facilitate the registration process and update the commercial register data, making the process smoother and more efficient, and enhancing Dubai’s attractiveness as a global business hub.

Steps to open a commercial register in Dubai

Opening a commercial register in Dubai requires following a set of basic steps to ensure compliance with local laws and complete the process successfully. Here are the steps to open a commercial register in Dubai:

  1. Determine the type of business activity: Choose the business activity you wish to practice, as requirements vary according to the type of activity, whether commercial, industrial, or service.
  2. Choose a trade name: Choose a distinctive name for your company that complies with local laws, and make sure it is not already registered. You can check the availability of the name on the website of the Department of Economy and Tourism in Dubai.
  3. Determine the legal form of the company: Determine the legal form of your company, whether it is a limited liability company, a joint stock company, or any other type of business entity.
  4. Preparing the necessary documents: Collecting and preparing the required documents, which may include passport, visas, lease agreement for the workplace, and any additional documents depending on the type of activity.
  5. Submitting the application: Submit the registration application to the Department of Economy and Tourism in Dubai or the relevant authority, along with all required documents.
  6. Receive approvals: Wait to obtain the necessary approvals from the department, which may include approval of the trade name and business activity.
  7. Issuance of the commercial register: After receiving the approvals, the commercial register will be issued and the company will be officially registered.
  8. Register with other authorities: Register your company with other government authorities such as the Tax Authority or Social Insurance if required. By following these steps, you can ensure that your business in Dubai is started legally and in an organized manner.

Documents required to open a commercial register in Dubai

When opening a commercial register to establish a company in Dubai , you will need to submit a set of basic papers and documents to ensure that the process is completed smoothly. Below is a list of the required papers:

  1. Passport: A colour copy of the passport of the investors or partners, with the original to be presented upon request.
  2. Personal Photos: A number of recent personal photos of investors and partners, usually 2-3.
  3. Residence Visas: A copy of the residence visas of the investors or partners if they are residents of the UAE.
  4. Lease Contract: A notarized lease contract for the workplace or office, with a copy of the original contract provided.
  5. Trade Name Determination: A document confirming the choice and availability of the trade name, which you can obtain through the Department of Economy and Tourism in Dubai.
  6. Application form: Fill out the application form to open a commercial register, which can be obtained from the Department of Economy and Tourism in Dubai or through their website.
  7. Business Plan: In some cases, you may be asked to submit a business plan that outlines the company’s activities and goals.
  8. Licensing Procedures: Additional documents may be required depending on the type of business and the legal form of the company, such as special licenses or certain permits.
  9. Be sure to check with the Dubai Department of Economy and Tourism for an accurate and up-to-date list of required documents, as requirements may vary depending on the type of activity and legal form of the company.

Factors in the cost of opening a commercial register in Dubai

The cost of opening a commercial register in Dubai depends on several main factors, including:

  1. Type of Business: Costs vary depending on the type of business, whether commercial, industrial, or service. Some activities require special licenses or additional permits that may affect the cost.
  2. Legal form of the company: The costs of opening a commercial register vary depending on the legal form of the company (such as limited liability company, joint stock company, sole proprietorship, etc.). Each type has different registration costs.
  3. Office Location: The cost of renting an office or workplace plays an important role in determining the overall cost. Locations in different areas of Dubai may vary greatly in price.
  4. Registration and Licensing Fees: These fees include fees for registering a trade name, issuing a trade license, and any additional fees related to the specific business activity.
  5. Legal Consultations: If you require consulting or legal services from companies like Atqan, these services will add to the cost.
  6. Visas and Residencies: If you need work visas or residencies for investors or employees, the cost of obtaining them varies depending on the number of people and the type of visa.
  7. Translations and Notarization: Some documents may require certified translation or notarization, which may add to costs.
  8. Costs change based on updates in regulations and requirements, so it is always best to check with the Dubai Department of Economy and Tourism or use a specialist company to get an accurate and up-to-date cost estimate.

Itqan Company services in opening a commercial register in Dubai

Itqan Company provides a comprehensive set of services that contribute to facilitating the process of opening a commercial register in Dubai . These services include:

  1. Legal Consultations: Providing comprehensive legal advice on the best possible business activities based on your goals and needs, and clarifying the necessary legal requirements.
  2. Choosing a trade name: Helping you choose a suitable trade name and providing advice on checking the availability of the name and obtaining the necessary approvals from the relevant authorities.
  3. Document preparation: Assist in collecting and preparing all necessary documents, including passports, visas, and lease agreements.
  4. Submitting applications: Submit the application to open a commercial register to the Department of Economy and Tourism in Dubai, and deal with all bureaucratic procedures on your behalf.
  5. Additional Licenses and Permits: Providing support in obtaining the necessary licenses and permits for any special or specific business activity that requires additional procedures.
  6. Registration with other government agencies: Assistance in registering the company with other government agencies if needed, such as the Tax Authority or Social Insurance.
  7. Post-incorporation services: Providing support in matters related to administrative procedures after the company is established, including renewing records and licenses and updating data.
  8. Itqan’s services facilitate and expedite the process of opening a commercial register in Dubai, making it an ideal choice for investors and new businesses.

In conclusion, opening a commercial register in Dubai is an essential step to successfully start any business in this advanced global city. By adhering to the basic steps and complying with the legal requirements, investors and business owners can establish their projects legally and in an organized manner. The smooth guidance and procedures provided by the competent authorities, such as the Department of Economy and Tourism in Dubai, contribute greatly to facilitating this process. Moreover, availing specialized consulting services, such as those provided by Itqan Company, can enhance the chances of success of the project and save investors time and effort. Dubai, thanks to its encouraging economic environment and advanced infrastructure, remains an ideal destination for entrepreneurs looking for promising business opportunities. By following these steps and procedures, investors can achieve their business goals and integrate into the vibrant and active Dubai market.

Frequently asked questions about opening a commercial register in Dubai

How long does it take to get a commercial register?

The time required to obtain a commercial registration depends on the completion of the required documents and approvals, and usually takes from several days to two weeks.

Do I need a physical office to register a commercial register?

Yes, local law requires a physical office or business address when applying for a commercial registration.

Can I open a commercial register without a local partner?

Yes, you can open a commercial register in Dubai without a local partner if you choose to establish a company in one of the free zones or if you offer an activity that allows full foreign ownership.

Can Itqan help me open a commercial register?

Yes, Itqan Company provides comprehensive services for opening a commercial register in Dubai, including legal consultations, preparing documents, and submitting applications to the relevant authorities.