Make Sure of These before Company Registration in Dubai!

by Zaara 31, Jan 2020

Company registration in Dubai is increasing in number due to the increase in foreign immigrants who invest here by doing a business setup in Dubai and registering it as a limited liability company (LLC).

If you are someone who is planning to do a Company Registration in Dubai? Here are a few points to be considered before registering it.

Points to be Remembered Before Registering a Company in Dubai

Consider the points listed below before doing the a Business Setup in Dubai;

  • Business Activity Should be Decided Beforehand

Before doing company registration in Dubai, it is important to decide the business activity you want to be involved in. The activity chosen by you should not be a restricted activity; it should be enlisted in the allowed list of activities of the Department of Economic Development (DED)     

  • Decide Your Business Structure

The government of Dubai offers so many business opportunities with a lot of business structures such as Limited Liability Companies (LLC), Freezone Companies, and Branch offices (A company with a parent company in a different country). Each has its own advantages, so choose your business structure as per your business needs and the activities you plan to be involved in.

  • Unique Name Selection

You should select a company name that should not be repeated. You should also take care that you are not using any religious name or any offensive name. Read the guidelines and make sure that you should violate any copyrights or trademark regulations.

  • Register Your Company in Dubai and Obtain All the Required Documents

After doing a trademark registration in Dubai and all the other necessities, now it's time for you to register your company in Dubai and obtain the required license. You need to get the license from relevant authorities for instance, if you are doing food business, then you have to get it approved by Dubai Municipality.

  • Decide the Location of Your Business

The business is in the exact location where it is supposed to play a vital role in its success. You need to choose an appropriate location for your business. It would be best if it is near your target market.

  • Initial Approval

At this stage, your company name must have been approved by the Department of Economics Department (DED).

DED will ask for initial approval from the relevant authority for registering your company in Dubai.

  • Notarize the Documents

You have to draw the MoM and get it notarized by the Notary Public in the Dubai Courts. 

  • Final Submission

Submit the application for a license, initial approval document, and the notarized document to the Department of Economic Development (DED). 

  • Commercial Registration in Dubai

After getting the approval of DED, the next step is to send it to the Dubai Commercial Register. 

Note: Based on your business activity, you will have to get special approvals if required. The registered LLC must have 2 shareholders, not less than that.

End Note - Choose Us for Your Company Registration in Dubai

Registering a company in Dubai looks is not confusing. It’s a hassle-free process. To make it easier, contact Commitbiz, the expert who can assist you through the process.

FAQs

What is a Dubai commercial register?

A commercial register is like a government record where your company details will be stored. Once your business is registered in the Commercial register your business will be given a particular code that will authenticate its existence.

It’s like an ID card for your business to function in Dubai or any part of the UAE.

How can I verify whether a business is registered in UAE or not?

  • If it's about a local company then you can verify it through the Department Of Economic Development (DED) website.

  • If you don’t have any information about the company apart from its name then visit the National Economic Register Website for finding out more information.

  • For Freezone-based companies, you’ll have to visit that particular Freezone’s official website, and you’ll find information about all the licensed companies in that free zone.

What is the minimum information required to be updated in the Commercial Register in Dubai?

  • The legal form of the business entity
  • Contact details of the company and its owners
  • Name, identity proof & the address of the business founders
  • Name, address, and the trading activities of all the business entities
  • Details of the company shareholders
  • Details of the authorized managers or owners of all the business entities

Which are the legal forms of business in UAE?

  • Civil Company
  • Sole Proprietorship
  • Limited Liability company
  • Partnership
  • Public Share Holding Company
  • Private Share Holding Company
  • Branch Of GCC Companies
  • Branch Of Freezone Companies
  • Branch Of UAE Based Companies
  • Branch Of Dubai Based Companies
  • Branch Of Foreign Companies

What is a UAE legal entity?

Any business or company that has been given legal rights by the government for doing business in that particular region, state, or country is known as a legal entity.

In UAE, companies are registered under various legal forms of businesses like civil company, LLC company, Partnership, etc.