When setting up a company in Dubai, You must open a commercial registry in Dubai. Dubai has become one of the most important commercial centers in the world, due to the large number of investment fields in it, whether industrial or commercial. The discovery of oil led to a boom in the economy in Dubai. And open many fields such as natural gas extraction and export.

Add to this the construction of companies and real estate, which was the main reason for attracting investors and foreigners to establish companies and invest their money in Dubai. But in order for them to be able to establish their own business, they must first obtain a commercial license and open a commercial registry in Dubai.

Ways to establish a company in Dubai

In order to be able to establish a company in Dubai, you must first take the steps imposed by the Dubai Economic Development Authority. For everyone who wants to own a company or make an investment in the Emirate of Dubai, as follows:

• Determine the economic activity of the company you wish to open.
• Identification of all parties in the company, indicating the percentage of profit and loss and the percentage of capital.
• Choose the trade name of your company.
• He applies for the initial approval certificate.
• Choosing the location of the company and preparing papers proving ownership of the place or if it was rented.
• Sixth and finally, he has to obtain a commercial license so that you can practice your activity.

Ways to open a commercial registry in Dubai

To be able to open a commercial registry in Dubai, Specific steps must be taken, as was done in the establishment of companies in Dubai, through the following:

first: The documents and papers that were previously obtained must be attached to the trade license application and sent to the Dubai Economic Development Authority.

secondly: All fees for the trade license application must be paid.

Third: Registering with the Chamber of Commerce as an active member.

Fourthly: Adding the value of the capital to the commercial register papers.

Fifth: Receipt of the commercial register.

Ways to establish a company in Dubai

Many seek to establish a company in Dubai. Or start investing in Dubai for many reasons such as:

1. Dubai is one of the countries that have different living conditions. This encourages investment in it, whatever your budget and financial ability to start your own project. The cost of establishing companies varies from one class to another.
2. According to what was reported about the housing density in Dubai, And that it is considered one of the countries with a high population density, which made it in constant need for more different projects that serve the community.
3. The support of the Dubai government for investors and those wishing to start their own business in Dubai must be taken into consideration. This is by facilitating all the services and needs required to establish a business for them.
4. Dubai is known for its many trade and industry activities. Including the largest event in the world, Expo 2020
5. Dubai is interested in education and health, in addition to the availability of safety in it, which made it one of the most suitable countries for investment in it, in addition to the permanent development in terms of services and means of transportation.
6. The speed of providing government services that make the establishment of companies easy and fast, You can open a company within a week and obtain a trade license within a day
7. Dubai gives you the opportunity to obtain residency, which gives you many advantages, including travel to European countries, Entering the Gulf countries without the need for a visa, While establishing a company in Dubai gives you residency for a period of 3 years, If your activity is important to society and useful, then this makes the chance of obtaining permanent residence great on the commercial register in Dubai.

Many investors are now tending to establish a business in the Emirate of Dubai. But they must first open a commercial registry in Dubai and a commercial license so that they can establish a company in Dubai. And starting a lot of business and activities inside Dubai, as it is one of the countries that many investors seek to invest in. This is due to the flourishing of industry and trade and the growth of the economy in it. In addition to its privileged location, modern transportation and security stability.

Dubai has many features that attract many businessmen to invest in it. Despite this, owning a company or establishing a business in Dubai requires special conditions set by the Dubai Economic Development Authority, including the necessity of obtaining a trade license and opening a commercial registry in Dubai.

Below we show you the conditions and requirements related to commercial, industrial and professional licenses that help you conduct commercial activity in the Emirate of Dubai:

The most important requirements when opening a commercial registry in Dubai

• Getting the approval: This is the first step for issuing a commercial license in Dubai. Through it, it allows the completion of all procedures related to the client in other government departments by requesting electronically through the Dubai Economy website or the smart application, or by visiting Dubai outsourcing centers.
• Get a trade name: After the step of obtaining the initial approval, you can reserve the trade name available for the trade license through the website or visit the Economic Service Center in Dubai, Or you can also reserve the trade name before the initial approval.
• Obtaining a commercial license: After obtaining the initial approval and reserving the trade name, the customer can submit a request to obtain a trade license through the website or visit the economic service centers in Dubai.
• License renewal: This is done by text messages and writing the license number in it. The Department of Economic Development will respond to you with the renewal payment authorization. or through its website.

In order for all procedures and legal forms to be completed, the following documents are required:

First, documents related to the initial approval of all legal items, including:

• Print the registration and commercial licensing form available in Dubai Economic Centers
• A copy of the license holders ID or passport
• Copy of residence permit or visit visa for non-GCC nationals
• A non-objection certificate from the sponsor for non-citizens
• Policy of the company
• Study the economic feasibility of the project
• A decision by the board of the parent company to open a branch in Dubai
• Responsible manager authorization statement
• A copy of the commercial registration certificate of the parent company
• A copy of the parent company’s Memorandum of Association
• A copy of the mother’s license

Thirdly, the places that you can provide a service by opening a commercial registry in Dubai through which are as follows

• Dubai Economy website
• smart app
• Text messages for renewal service
• Happiness Hall in the main economic building Dubai
• Service centers accredited by Dubai Economy