Investing in Dubai is considered one of the best types of investment ever. In order to be able to invest in this city, you must create your own commercial registry there. For this reason, in the lines of this article, we will talk about all the important information about how to open a commercial register in Dubai. Continue reading with us to know more details.
Why you should learn how to open a commercial register?
In order to be able to open your own company in Dubai and work there, you must first open a commercial register there. In addition, the method of opening a commercial register varies slightly depending on the company and the nature of its business. For this reason, learning how to open a commercial registry in Dubai is considered a very important task for people who want to invest there.
Steps necessary to open a commercial register in Dubai
If you want to open a commercial register in Dubai, you must follow the following steps:
- The first step is to determine the nature of your company’s work, or determine the nature of this company’s economic activity.
- Then you must determine the legal form and contributing parties of the company. In addition to the partnership’s percentage of capital, profits and losses as well.
- The next step is to choose a trade name for your company or business.
- Then you must obtain the initial approval certificate, which can be submitted to the competent authorities in Dubai.
- And then rent your business site or activity site.
- The next step is to obtain approval from the regulatory authorities for your activity.
- The final step is to obtain your business license.
How to open a commercial register in Dubai
After you carry out the previous steps and receive your commercial license, you must follow the following steps to open the commercial register:
- The first step is to send all the papers and documents that were used while obtaining the commercial license to the Dubai Economic Development Authority.
- Then you must pay the fees for the commercial license, knowing that you can pay the fees starting from the date of issuance of the payment authorization and up to 30 days after that.
- The next step is to register for membership in the Chamber of Commerce before starting your business.
- Then obtain an official business license for your company.
- After these steps, you must add the value of your capital to the commercial registry papers.
- Then you pay the payment authorization fees, which also include the initial approval and reservation of the trade name, in addition to issuing the trade license.
- The last step here is to receive your commercial registration.
Tdabeer Company for all services for opening and establishing companies
If you would like someone to undertake all the steps of establishing your own company in Dubai, all you have to do is contact us.
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