In order to be able to start an investment business in Dubai or the Emirates, you must first open your own commercial register there. For this reason, we will talk in the lines of this article about how to open a commercial register, in addition to some other important information about this topic.
Why invest in Dubai?
There are a lot of different reasons why Dubai is one of the best Arab cities for investment. The most prominent of these reasons is the economic stability and politics in the Emirates in general. In addition to the great diversity of investment opportunities in the Emirates, and in Dubai in general. The city’s high rates of tourism also mean that most investment businesses have high chances of success. Finally, Dubai currently has the latest technological technologies in the investment business market, and for this reason this advantage can be exploited to increase the chance of success of your business there.
How to open a commercial register
The method of opening a commercial register is summarized in several simple steps, and these steps are as follows:
1- Securing initial approval
It is not possible to start the process of opening a commercial register in Dubai or the Emirates without obtaining initial approval. This legal document allows you to follow all procedures legally. Please note that this approval is obtained from the relevant authorities in the United Arab Emirates.
2- Choosing and registering the trade name
The second step in opening a commercial register is to choose the appropriate trade name for the business, whether for the company or investment project. Knowing that the process of choosing a trade name is subject to some laws that the investor must adhere to. Among the most prominent of these laws, we mention staying away from previously existing names, staying away from the Most Beautiful Names of God, staying away from obscene words, and others. After choosing the appropriate trade name for the business, the investor must register this name.
3- Obtaining the commercial license
The next step in this process is obtaining the appropriate business license. Note that the UAE provides several different options for commercial licenses, and the investor must obtain the commercial license that suits the nature of his business. After obtaining this license, he must also activate it.
4- Opening the commercial register
After you have completed the previous steps correctly, here you can begin the process of opening your business account. You can seek the help of service companies to carry out this process in the fastest time and at the lowest costs. We recommend contacting Tadabeer Company, as our work team will work to complete all the necessary steps for you to open the commercial register within the shortest possible time and at the lowest cost.
Initial approval documents
After learning how to open a commercial register in Dubai, I learned the importance of initial approval in this process. In order to obtain this approval, you will need the following documents:
- Fill out the commercial registration and licensing form in Dubai Economic Centres.
- A copy of your residence permit, or a copy of your visit visa if available.
- Policy of the company.
- For branches, you are required to bring a decision from the parent company regarding opening a branch in Dubai.
- In addition to a copy of the commercial registry certificate of the parent company and a copy of the parent license.
- For non-citizens, the sponsor’s no-objection statement.
Obtaining a commercial license
As for the documents and papers necessary to obtain a commercial license, they are as follows:
- The initial approval obtained previously, in addition to all documents submitted in this process.
- The company’s articles of incorporation.
- A contract appointing an agent, whether a service agent or a company agent.
- A copy of the lease documentation permit, which is obtained from the Real Estate Regulatory Agency.
- In addition to a statement of approval from the competent government authorities regarding practicing your work or activity.
How do I choose the appropriate commercial license?
There are several different types of business licenses that can be obtained in the UAE. In general, the mechanism for obtaining the appropriate commercial license depends on the nature of your investment business. In addition to some other various factors. In order to be able to choose the best commercial license for your business, we recommend that you consult Tadabeer Company.
Tadabeer Company..your partner in success
Tadabeer Company works on all different services related to starting businesses and companies in Dubai and the Emirates. Among the services we provide are services for opening companies, obtaining commercial licenses, opening a commercial account, in addition to many other services. Contact us through the following links to benefit from these services, or to obtain advice or advice on the topic of today’s article.
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