In the vibrant heart of business in Dubai South, the idea of ​​starting a company and offering your products or services holds great potential for success and prosperity. This article reviews how to establish a company in Dubai South and the role of Itqan Company in facilitating this process and providing the necessary support to ensure success. Learn about the ways to establish a company in Dubai South.

The business environment in Dubai South is dynamic and constantly evolving, making it an ideal destination for entrepreneurship. This region provides opportunities for emerging and medium-sized companies to benefit from advanced infrastructure, appropriate investment laws, and access to broad local and international markets.

When starting a company in Dubai South, choosing a private joint stock company or limited liability company is vital, and this is where Itqan Company comes into play. Itqan Company works as a reliable partner specialized in providing legal and advisory services to help guide investors towards the ideal choice for the right type of company.

Through a deep understanding of the commercial environment and local laws, Itqan Company provides the necessary support to prepare the necessary legal and financial documents, and facilitates the processes of obtaining the necessary licenses and permits. In addition, the company provides professional consulting on business management and growth strategies.

In short, establishing a company in Dubai South represents a bold step towards achieving commercial success, and Itqan plays an important role in guiding and supporting entrepreneurs and investors to achieve their goals and achieve success in a competitive and evolving market.

Ways to establish a company in Dubai South

Establishing a company in Dubai South represents an important strategic step towards entering the dynamic business market of the UAE. Dubai South is characterized by its advanced infrastructure and encouraging economic environment, making it an ideal destination for entrepreneurship and expanding commercial activities.

1. Determine the type of company:
   You must first determine the type of company you wish to establish, such as a sole proprietorship, a joint stock company, or a limited liability company, based on the nature of the business activity and the company’s requirements.
2. Choosing a company name:
   You must choose a unique and appropriate name for the company. You must ensure that the name is not similar to the names of other companies in the company registry.
3. Preparing legal documents:
   Depending on the type of company chosen, the required legal documents such as articles of association and articles of association must be prepared and signed in front of an accredited lawyer.
4. Obtaining approvals and licenses:
   The necessary approvals must be obtained from the relevant authorities such as the Department of Commerce and Industry and other government agencies, in addition to obtaining professional licenses if required.
5. Determine capital:
   The company\’s required capital must be determined and deposited in the company\’s bank account.

These are the basic steps of establishing a company in Dubai South, and precise details about each step can be obtained by consulting Itqan Company.

Establishing a company in Dubai

Types of companies that can be established in the South

This table shows the main types of companies that can be established in Dubai South with a brief description of each type. The responsibility of shareholders and the method of forming the company and conducting its business differ between these types, and it is important to determine the most appropriate type based on the nature of the business and the needs of the partners.

Advantages of establishing a company in Dubai South

Establishing companies in Dubai South is an important strategic step for those wishing to enter the dynamic business market in the United Arab Emirates. Dubai South is strategically located as it is home to Al Maktoum International Airport, facilitating access to global markets and enhancing international trade relations

1. Strategic location: Dubai South is strategically located near Al Maktoum International Airport, facilitating access to global markets and promoting international trade.
2. Advanced infrastructure: Dubai South features advanced infrastructure and integrated facilities including airports, ports and highways, making it an ideal place for business and investment.
3. Encouraging business environment: Dubai South provides an encouraging and comfortable business environment, with flexible laws and regulations and a stable and favorable investment climate.
4. Tax exemptions: There is a favorable tax system in Dubai South, where there are no taxes on profits and personal income.
5. Economic Diversity: Dubai South includes a diverse range of economic sectors such as logistics, aviation, technology and manufacturing, providing broad business opportunities.

In short, establishing a company in Dubai South provides many strategic, economic and legal advantages that contribute to business success and enhance opportunities for growth and expansion in the Middle East market and the world.

Licenses required to establish a company in Dubai South

Establishing a company in Dubai South, you may need to obtain several licenses and permits from local and government authorities. Here are some basic licenses you may need:

1. Company License: A license for the company\’s commercial activity.
2. Zone Permit: A permit from the free zone or industrial zone in which you intend to establish the company.
3. Building Permit: If you intend to rent an office or building, you may need a permit to use the space for company purposes.
4. Work permit: A permit to work in the UAE, which consists of work and residence visas for employees and partners.
5. Environment and Health Licensing: If your company works in certain fields such as the food or medical industries, you may need a license from the relevant health and environmental authorities.

This is a general list of potential licenses you may need to set up a company in Dubai South, requirements can vary based on the type of business and company details. It is always advisable to check the exact licensing requirements from Itqan Company before embarking on the incorporation process.

Financial guarantees for establishing a company in Dubai

To establish a company in Dubai, you must provide financial guarantees that reflect your willingness to bear the costs and liabilities of the company. Here are some common financial guarantees that may be required:

1. Capital: You need to determine the capital needed to establish the company, which represents the value of the financial resources you have committed to support the business activities.
2. Bank account: You must open a bank account in the name of the company and deposit part of the capital into it, in order to ensure the availability of funds to operate the company.
3. Insuring daily needs: It is recommended to insure the company’s daily needs, such as rent, salaries, and basic supplies. These guarantees can be in the form of bank guarantees.
4. Risk Insurance: In some cases, you may be required to provide financial guarantees to cover potential risks such as business insurance or financial emergencies.
5. Payment of fees and costs: You must also provide the necessary funds to pay government fees and legal and administrative costs related to the company establishment process.

You should contact Itqan Company in Dubai such as the Department of Commerce and Industry or the Dubai Economic Promotion Corporation (Dubai For) to find out the exact financial requirements and guarantees that may be required to establish your company based on the type of company and economic activity chosen.

Establish your company in Dubai

Steps to establish a company in Dubai South

To establish a company in the Dubai South area, which includes Al Maktoum Airport and its surrounding areas, several basic steps must be followed. Here are general steps for establishing a company in Dubai South:

1. Choosing the type of company: The investor must first choose the type of company he wishes to establish, such as a limited liability company (LLC), a sole proprietorship, or a joint-stock company, depending on the activity and business needs.
2. Choosing a business activity: The company’s activity must be carefully determined, and it must be ensured that it complies with the activities permitted in the Dubai South region and its licenses.
3. Identifying partners and shareholders: If the company will be a limited liability company (LLC), the identities of the partners and their percentage of ownership must be determined.
4. Choosing a trade name: You must choose a name for the company that complies with local regulations and which can be registered in the commercial registry.
5. Preparing and submitting documents:
   • Preparing the company’s articles of incorporation and articles of association (Memorandum of Association).
   • Preparing personal documents for shareholders and partners.
   • Determine the company\’s headquarters and provide proof of ownership.
6. Obtaining licenses and approvals:
   • Apply for the necessary licenses and permits from Dubai South authorities, such as a business license and building license (if necessary).
7. Registration and establishment:
   • Registering the company and its articles of association in the commercial registry.
   • Pay the fees and costs incurred during the registration process.
8. Notation of contracts and agreements:
   • If there is a need for this, the main contracts and agreements that relate to the company are noted.
9. Registration in taxes and government regulations:
   • Registration with the Tax Department and compliance with the necessary tax registrations according to the type and business activity.
10. Opening a bank account:
    • Opening a bank account for the company to manage financial transfers and financial operations.
11. Legal Compliance:
    • Ensure compliance with all local and international legal regulations and systems related to the business.
12. Getting started:
    • After all procedures are completed, the company can start doing business in Dubai South.

Individuals wishing to establish a company in Dubai South should consult local legal and financial advisors to obtain accurate and specialized information tailored to their individual needs and specific business circumstances.

Opening a bank account to establish a company in Dubai

To open a bank account to establish a company in Dubai, you must follow some basic steps. The procedures for opening a company account vary between banks and depend on the type of company and the purpose of the account, but they usually include submitting the necessary personal and commercial documents, such as the company’s articles of incorporation, the identity card for officials, the address of the company’s headquarters, and other documents. Here are general steps you can follow:

1. Choosing a bank: Search for local and international banks that provide corporate banking services in Dubai. Choose a bank that meets your company\’s needs and provides convenient services.
2. Collect documents: Prepare the required documents such as the company’s articles of incorporation, passports of directors and partners, housing documents, and other personal documents.
3. Filling out the forms: Book an appointment with the bank and fill out the necessary forms to open a company account. The type of account (such as a checking or investment account) and the banking services required must be explained.
4. Submitting documents: Banks may request copies of the required documents and copies of personal IDs of directors and partners. Submit these documents and information accurately and in an organized manner.
5. Signing the Agreement: After reviewing the documents and information, the account opening agreement may be signed and the terms and conditions related to the account may be agreed to.

You should also confirm the fees and conditions related to opening the account at the chosen bank, and contact the Etisan team for any additional inquiries or clarifications. Ensure compliance with all local and international banking laws and regulations during the account opening process.

How can we help you establish a company in Dubai South? 

Itqan Company offers a range of specialized services that help you establish a company in Dubai South and prepare you to start working with confidence and sustainability. Here are some of the services provided by Itqan Company:

1. Business Consulting:
   Itqan provides customized consulting to help you understand the business environment in Dubai South, analyze the market and competitors, and develop marketing and growth strategies for your company.
2. Determining the type of company:
   Itqan helps determine the appropriate type of company based on the nature of your business activity and your needs, such as a limited liability company, sole proprietorship, or joint stock company.
3. Preparing legal documents:
   Itqan helps you prepare and certify the required legal documents such as the articles of association and articles of association, which include the terms and conditions for establishing the company.
4. Obtaining Licenses and Permits:
   Itqan provides assistance in obtaining the necessary licenses and permits from local and government authorities in Dubai South, ensuring legal compliance with all requirements.
5. Opening a bank account:
   Itqan helps you open a bank account in the name of the company, and guides you in choosing the appropriate bank that is compatible with the business needs.

In short, Itqan Company\’s services allow you to move smoothly from the idea stage to the actual business stage, ensuring that your company is established in Dubai South with the least hassle, the highest levels of professionalism, and compliance with local laws and regulations.

Your company in Dubai South

In conclusion of this article, we can conclude that establishing a company in Dubai South is a strategic and wise entrepreneurial move in the modern and prosperous emirate of Dubai. Dubai South offers an ideal business environment thanks to its advanced infrastructure and strong government support for new and medium-sized business ventures.

In this context, Itqan Company played an important and effective role in facilitating the process of establishing companies in Dubai South. It provided a comprehensive range of advisory, legal and financial services that helped investors and business owners reach the best solutions and plans to create successful and sustainable companies.

Itqan\’s services included determining the appropriate type of company, preparing legal documents, obtaining the necessary licenses and permits, opening bank accounts, and providing the necessary support for the company\’s legal and financial operations.

In this way, it has become easier for entrepreneurs and investors to achieve their goals and achieve success in the dynamic and evolving Dubai South market, thanks to the support and assistance provided by Itqan.

In the end, it can be said that establishing a company in Dubai South has become easier and more effective thanks to the comprehensive and professional services provided by Itqan Company , making it the ideal partner for everyone who wants to build a successful and sustainable business in this vital and developed region.

Frequently asked questions about ways to establish a company in Dubai South