Registering your business company in Dubai can help you secure your assets and keep up with your finances. This guide will help you register a business company in Dubai, as well as understand some of the laws that apply to operating businesses in this region. You’ll also learn about some government agencies that can be beneficial to your business and how to register with the UAE Ministry of Economy and Commerce Authority ECCA.
Online Company Registration in Dubai
Registering a business company in Dubai is a straightforward process that can be completed entirely online.
- The first step is to choose a business activity and obtain the required licenses.
- Next, you’ll need to open a bank account and deposit the required amount of capital.
- Once these steps are complete, you can then officially register your company with the Dubai Chamber of Commerce.
- Finally, you’ll need to obtain a trade license from the Department of Economic Development.
- In most cases, companies will receive their trade license within two weeks after applying.
When registering a business company in Dubai it’s important to remember that it’s not always necessary to register a business company in Dubai under the same name as on your commercial registration certificate. Registering a company for trading purposes or as an LLC or LCC requires registering under one name only and this name should reflect the type of activity being undertaken by the new entity.
Business registration in Dubai
- Before you can register a business in Dubai, you’ll need to choose a business structure.
- The most common business structures in Dubai are sole proprietorships, limited liability companies LLCs, and branches of foreign companies.
- To register your business, you’ll need to submit certain documents to the Department of Economic Development DED.
- Once your registration is complete, you’ll be issued a trade license that allows you to operate your business in Dubai. You will also Free Zone Company Formation in Dubai have to pay annual fees for the first two years of operation, which amount to DH 1220 per year.
If you’re not a resident in Dubai or if your business is headquartered outside of the country, then it will have to pay a higher annual fee of DH 7500 for five years for its trade license and may have other obligations depending on the nature of its operations. Regardless of where your register a business company in Dubai operates from, you’ll need to get an Employer Identification Number EIN before submitting any forms with the DED.
What is the Procedure To Register A Company in Dubai?
The first step is to choose a business activity and get the required approvals. Then, you need to get a trade license and open a bank account. Next, you must register a business company in Dubai with the Department of Economic Development. Finally, you will need to get an immigration card for each shareholder and director.
All these documents are submitted when opening your Company Formation Account at First Dubai Bank. There are many advantages to establishing a company in Dubai. It is relatively easy to set up, as well as having fewer administrative requirements than other countries. You will also have access to free-zone companies which offer greater flexibility and lower costs than traditional businesses.
Setting up a company in Dubai can help you start your own business or expand it internationally, but all paperwork must be completed correctly from the beginning. Contact our team today to find out more about how we can help you register a business company in Dubai we understand that every business has different needs, so please let us know what stage you are at so we can tailor our advice accordingly.