Obtaining a commercial register in Dubai is one of the most important services provided by the government in Dubai to businessmen in order to help investors establish companies and investment projects. It is noteworthy that the government supports investors and provides them with easy procedures to obtain a commercial register in Dubai within minutes and from anywhere in the world, not just from within the Emirate of Dubai. In this article, we will discuss in detail the steps for obtaining a commercial register in Dubai and what are the conditions for obtaining it, in addition to the advantages and grants that the investor or entrepreneur receives when working and establishing projects in Dubai.
Steps to obtain a commercial register in Dubai
The process of obtaining a commercial register in Dubai requires the customer to take several simple steps in order to open the commercial register in a legally sound manner so that the investor can practice business in Dubai. In the following points, we will discuss the steps for obtaining a commercial register in Dubai:
- Sending company documents, provided that they are signed by all parties.
- Visit the official website of Dubai Economy.
- Adding data of all founding parties of the company.
- Log in to the service by clicking on the login button.
- Enter the customer’s email and password.
- Log in to apply for a commercial register.
- Enter the company’s website details.
- Register all contributing parties on the platform.
- Determine the company’s primary and secondary activities.
- Determine the type of license you want to obtain (trader license, commercial license, instant license).
- Enter details of all parties to the license such as: managers, service agents, etc. and add passport or ID number and contact information.
- Paying the costs of obtaining a commercial register in Dubai.
- Extracting a commercial register in Dubai and related documents.
- Determine the official final beneficiary of the project establishment.
Conditions for obtaining a commercial register in Dubai
The Emirate of Dubai is currently the most attractive destination for investment in the Middle East, providing the services, facilities and components that investors need to establish investment projects of all kinds. The UAE government also provides many advantages and grants that encourage the investment process, which helps expand projects, pump more money, open many projects and employ more employees.
It is worth noting that the laws include a set of necessary conditions that must be met to allow the investor to establish a commercial entity and work legally, and the government has set conditions for approval to obtain a commercial register. In the following lines, we discuss the conditions for obtaining a commercial register in Dubai:
- It is required to obtain initial approval from the competent authorities in Dubai regarding the trade name and nature of the activity to establish a commercial entity in Dubai.
- Choosing a place to work, where you can rent an office space or buy a plot of land, and it is required to provide a contract that is notarized and certified by the Dubai Real Estate Regulatory Authority.
- The owner of the commercial entity must not have more than one commercial license and must submit the necessary licenses to the competent department in Dubai.
- Choosing a trade name according to the regulations and laws in Dubai, it must not violate public taste, clearly describe the nature of the commercial activity so that citizens are not confused, and not include the name of another commercial entity, nor include the name of one of the names of God Almighty or the name of a government agency or political terms.
- Determine the type of activity that will be carried out within the commercial entity.
- The area of the workplace must not be less than 200 feet.
- Obtaining the necessary approvals from government agencies according to the relevant activity.
- Payment of fees for the cost of obtaining a commercial register in Dubai.
Advantages of investing in the Emirate of Dubai
There are many, many wonderful advantages offered by the Emirate of Dubai to encourage investors and businessmen of different nationalities to invest in Dubai and expand their businesses within the country. We will explain to you in the following points what are the advantages of investing in the Emirate of Dubai and what are the grants it offers to investors within it:
- The Emirate of Dubai offers many investment opportunities available for various projects with different capital sizes for foreigners.
- Dubai is a fast growing investment environment for businesses and projects in the short term.
- The Emirate of Dubai provides grants to young people with projects with a clear feasibility study. It is clear at this point that the state is very keen to encourage young people to succeed and build their future.
- The Emirate of Dubai is now considered the ideal market for investments and establishing businesses in various fields.
- The facilities in the procedures provided by the Dubai government to local and foreign investors to establish companies and businesses easily.
- Flexibility in obtaining commercial licenses, extracting a commercial register in Dubai, and legal documents without complications.
- Dubai is distinguished by its strategic location between the East and the West, which gives it a distinguished location.
- Dubai is considered a rapidly developing global shopping market that attracts citizens and investors from different countries due to the increasing rate of tourism in the country and the influx of foreigners.
- The investment opportunities and tremendous development witnessed by Dubai over the past years.
- Electronic platforms and electronic payment methods to pay fees in a few minutes, which helps investors save time and effort.
- Providing financial support and assistance to establish and develop start-up companies and providing training courses and all support to young investors.
- In the free zones in Dubai, the investor can fully benefit from the profits and is exempt from taxes on the company and employee income in addition to customs exemptions.
- The strong and advanced infrastructure in Dubai and all other advanced services based on a global system are also among the most important features.
- Dubai enjoys economic and political stability and its residents are culturally aware, which encourages investment in the country.
- The economic growth witnessed by Dubai in commercial, industrial and professional activities encourages businessmen to invest.
We will also explain the steps for establishing a company in Dubai in the following points:
- The first step is to determine the nature of the activity that the commercial entity will operate in. This step determines the type of commercial license and the appropriate area for the work, as well as the legal form that will be dealt with according to the regulations in Dubai. Economic activities in Dubai vary between commercial, industrial, service, and others.
- Choosing a trade name that is compatible with the nature of the commercial entity that will be established in Dubai and that is in compliance with the regulations and laws. Then, after ensuring that the trade name meets the conditions, it is registered in the Department of Economic Development in Dubai.
- Determining the legal form of the project is a very necessary and important step, and the legal form must be consistent with the nature of the activity that was previously chosen.
- Obtaining initial approval from the competent authorities in Dubai regarding the previous steps for establishing a project in Dubai.
- Choosing a suitable workplace to work in by purchasing a plot of land or renting a suitable office space and providing a contract certified by the competent authority in Dubai.
- Obtaining additional approvals from the authorities concerned with the nature of the activity in Dubai.
Obtaining the commercial license necessary to practice the project in a legal and sound manner, paying the required costs, and then registering with the Dubai Chamber of Commerce.
