In order to be able to start your investment activity in Dubai or in the United Arab Emirates, you need a commercial register. Due to the great demand to know more details about how to open a commercial register, we will talk in the paragraphs of this article about all the important information about it. Continue reading with us to know more details.
What is the importance of the commercial registry in Dubai?
You cannot start your investment journey in Dubai without obtaining the commercial registration first. This register allows you to practice the professions you want to work in the city, and facilitates the investment process in general. That is why you should learn about how to open a commercial register in Dubai in 2024.
Opening a commercial register
In order to open your commercial registration in Dubai, you must follow the following steps:
1- Initial approval
Before you can open a commercial registry in Dubai, you must first obtain initial approval. It is a document stating that the process of establishing your business in Dubai is accepted in principle by the relevant authorities in the country. After obtaining this document, the following steps can be completed.
2- Trade name
After obtaining initial approval, you must also choose your own trade name and register this name in the relevant government departments. Do not forget that the process of choosing a trade name has several conditions, including not choosing pre-existing names, in addition to staying away from some words or phrases.
3- Commercial license
The last step before opening your commercial register is to obtain the appropriate commercial license. Dubai offers you different types of commercial licenses, and you, as an investor, must obtain the appropriate commercial license for the nature of your business. After obtaining the commercial license, you must activate it as well. Then you can apply to open your commercial registry in Dubai.
Does the process of opening a commercial register take a long time?
The time required to open a commercial register in Dubai varies from one person to another, and the reason for the difference is often a result of the different nature of the work or the nature of economic activity. In general, the process of opening a commercial register in Dubai does not take a long time, especially if you seek help from a service company, as it will save you a lot of time and effort. Here we recommend seeking the help of Taqayer Company, which will complete all the necessary steps to open your commercial register within a very short time.
Obtain initial approval
In order to secure initial approval, you 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.
- The articles of association of the company you wish to work for.
- You are required to bring a decision from the parent company regarding opening a branch in Dubai, for branches.
- A copy of the commercial registry certificate of the parent company and a copy of the parent license.
- No objection statement from the sponsor for non-citizens.
Obtaining a commercial license
As for the commercial license, obtaining it requires the following documents:
- The documents mentioned in the initial approval, in addition to them as well.
- 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.
- A statement of approval from the competent government authorities regarding practicing your work or activity.
Tadabeer Investment Services Company in Dubai
Tadabeer Company seeks to facilitate all investment services related to establishing companies and businesses in Dubai. Among the services we provide: establishing companies and all the necessary steps for them, obtaining commercial licenses and opening commercial records, in addition to some residency services. Contact us through the following links and quickly start your business trip in Dubai.
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