How to open a commercial register in Dubai? Opening a commercial register is an important strategic step for businessmen and companies wishing to grow and expand in the emirate’s promising market. By collaborating with Itqan, investors can obtain the necessary support and assistance to simplify the process of opening a commercial registry in Dubai, while providing guidance on legal procedures and local regulations.

After making the decision to open a commercial registry in Dubai, investors must follow several steps to complete the process. First, they must submit a registration application to the relevant government authorities in Dubai, and submit all necessary documents and papers with the application. After that, the application and documents will be reviewed by the competent authorities, and if approved, the commercial register will be issued.

Opening a commercial register in Dubai also requires paying the required fees and providing accurate information about the company’s activity and financial and administrative responsibilities. After completing these steps, investors will obtain an official commercial register that allows them to conduct business in Dubai legally and regulated.

How to open a commercial register in Dubai

The role of the trade license in Dubai

A business license plays a crucial role in Dubai as it is an essential basis for starting and operating a business legally and orderly. Here are some of the key roles that a trade license in Dubai plays:

• Commercial Activities Legislation: A commercial license specifies the commercial activities that a company can legally practice in Dubai. The license usually contains details about the type of business and industry in which the company can operate.
• Compliance with Laws and Regulations: Obtaining a business license requires compliance with local laws and regulations in Dubai. The legal and regulatory requirements that a company must comply with to ensure legal and licensed operation are identified.
• Facilitating financial operations: A commercial license provides the necessary legal basis for a company to carry out financial operations, such as opening a commercial bank account, receiving payments, issuing invoices, and executing commercial contracts.
• Obtaining the necessary permits and licenses: Some business activities in Dubai may require obtaining special permits or additional licenses. A commercial license can help facilitate the process of obtaining these permits and licenses from the relevant government agencies.
• Enhancing trust and credibility: A commercial license gives the company credibility and confidence in the market, as it shows potential customers and partners that the company is licensed and operates in accordance with laws and regulations.
• Government and banking facilities: A commercial license may be required to benefit from government and banking facilities available in Dubai, such as government support, financing programs, etc.

How to open a commercial register in Dubai

Opening a commercial register in Dubai is an important step in starting a business in the Emirate of Dubai. The trade register is the official document by which a company is registered and enjoys its rights and duties in the market. Opening a commercial register plays a crucial role in establishing and operating a business in Dubai. To open a commercial register in Dubai, you must follow the following steps:

1. Choosing a trading activity: Determine the trading activity you would like to practice. Trade activity must be compliant with UAE laws and regulations.
2. Choosing the legal form: Determine the legal form of the business company you wish to establish, such as a sole proprietorship, limited liability company (LLC), joint stock company, or other forms.
3. Choosing a Company Name: Choose a unique and appropriate name for your company. You must ensure that the chosen name is available and meets local laws and regulations.
4. Determine the terms and conditions: Determine the terms and conditions of the company, such as ownership percentage, dividends, and management decisions.
5. Prepare documents: Prepare required documents, such as articles of incorporation, terms and conditions, and other legal forms.
6. Visit the Department of Economic Development (DED): Book an appointment to visit the Department of Economic Development in Dubai and submit the required documents. An application for commercial registry registration will be submitted and the required fees will be paid.
7. Obtaining approvals: After submitting the application, the documents will be reviewed and verified that they meet the conditions and requirements. Additional approvals may be required from relevant authorities, such as other government agencies or regulatory bodies.
8. Receiving Commercial Registration: Once approved, you will receive an official commercial register proving the company’s registration and establishment in Dubai.

Advantages of opening a commercial register in Dubai

There are several advantages of opening a commercial register in Dubai that you can obtain, as these advantages are represented in the following points:

1. Strategic location: Dubai is considered a global center for business and trade, and enjoys an excellent strategic location between East and West. You can easily access regional and global markets from Dubai.
2. Advanced infrastructure: Dubai has a modern and advanced infrastructure, including technological, transportation and communications infrastructure. This facilitates business management and helps promote the success and sustainability of your company.
3. Open Business Laws: Dubai has open and flexible business laws, as the government seeks to enhance the investment climate and encourage foreign investments. Investors are free to establish and grow companies and receive financial returns.
4. Diverse Market : Dubai offers a diverse and dynamic market targeting a wide audience of customers. You can target the local market in Dubai, as well as reach neighboring regional and global markets.
5. Government Support Facilities: The Dubai Government provides a wide range of government facilities and services to support businesses. Among these facilities, banking and financial services, registration, licensing, legal and logistical support can be availed.
6. Economic and political stability: Dubai enjoys economic and political stability, which enhances confidence in the business environment and reduces potential risks. This makes Dubai a preferred destination for companies looking for a sustainable and reliable investment environment.
7. Privacy and Confidentiality: Dubai laws protect business confidentiality and keep business information private. Investors enjoy strong intellectual property rights and business asset protection.

These are some of the advantages that can be taken advantage of when opening a commercial register in Dubai. Be aware that specific benefits can vary depending on the type of company and industry in which you operate. It is always recommended to consult with Itqan experts before making any business decisions.

Advantages of opening a commercial register in Dubai

Conditions for opening a commercial register in Dubai

There are some conditions for opening a commercial registration in Dubai that must be met. The terms may vary depending on the type of company and business you want, but there are some general conditions to consider. Here are some common conditions:

• Company type: You must determine the type of company you wish to establish, whether it is a limited liability company (LLC), a public joint stock company (PJSC), a sole proprietorship, or any other type that is compatible with your business activity.
• Company name: You must choose a unique name that is not similar to any other company located in Dubai. The name must be appropriate and not violate local laws and regulations.
• Work location: You must have a business location or office in Dubai. You can rent a commercial office, use a co-working center, or obtain a permit to work from home, depending on your business.
• Activity License: You must identify your business activity and obtain the appropriate licenses for that activity. You must comply with the requirements of relevant government agencies and obtain the necessary approvals.
• Financial contribution: Some types of companies may require the payment of a sum of money as an initial contribution. This amount must be transferred to the company’s bank account and the required receipts and financial documents must be submitted.
• Required Documents: A set of required documents must be submitted such as a copy of the shareholders’ passport, details of partners and directors, personal address, financial details and properly completed registration application forms.
• Additional licenses: Some specific business activities may require additional licenses from the relevant government agencies. For example, if you work in the health, food or construction sector, you may need licenses specific to those industries.

How can we support you in opening a commercial register in Dubai?

In conclusion of this article, we conclude that opening a commercial register in Dubai is a crucial procedure for starting a business in the Emirate of Dubai. In cooperation with Itqan Company, this process can be facilitated and the necessary advice and support provided to those approaching business trading in Dubai.

When you cooperate with Itqan Company, you will get a team of specialists with extensive experience in the procedures for opening a commercial register in Dubai. They will provide you with the necessary information and guidance, from choosing the appropriate business activity to receiving the official commercial register.

Through Itqan, you can benefit from experience and thorough knowledge of local laws and regulations. The company will provide assistance in preparing the required documents and submitting them to the Dubai Department of Economic Development. It will also help you obtain the necessary approvals and provide legal and administrative support throughout the process.

The most important frequently asked questions about the commercial license