Now, you can find out the cost of issuing a commercial license in Dubai through dedicated websites for new investors. This comes after obtaining approval for company establishment and selecting the best specialization, in addition to understanding the cost and key steps required to obtain the license.
Cost of issuing a commercial license in Dubai
To establish a company and open a field for investor residence in Dubai through a commercial license, you can calculate the cost as follows:
- It’s worth noting that the cost is issued once and includes initial fees, the commercial license, and the commercial name.
- The cost is determined based on the type of activity being conducted.
- As well as, keep in mind that the cost may vary depending on the type of license.
- It’s important to be aware that establishing the commercial license requires legal documents and a series of steps to pay the establishment fee, with the fees being determined based on the activity.
Requirements for Opening a Business Account in Dubai
There are a set of requirements that must meet when establishing a company and the cost of issuing a commercial license in Dubai.
These include:
- Payment of the workplace value, whether it is a piece of land or a rented place for business establishment.
- As well as, issuance of the commercial license according to the type, whether it is commercial, permanent, or instant.
- Confirmation of payment of the cost of issuing a commercial license in Dubai and completion of the company establishment procedures.
- As well as, determining the costs of visas for employees to start working under the company’s name.
Steps for Opening a Business in Dubai
You can start following the steps to establish a company in Dubai through the following process:
- Select the type of activity.
- Determine the legal directions of the business.
- Choose a suitable name for the company.
- As well as, you submit the required legal documents to obtain approval from the relevant authorities.
- Submit the company’s notarized contract from the local service agent.
- All additional approvals should be authenticated by the government.
- Determine the company’s location and the type of activity.
- As well as, you attach the receipt of payment for the cost of issuing a commercial license in Dubai.
Conditions for issuing a commercial license in Dubai
There are several conditions that must meet if you wish to establish a commercial license to operate in Dubai.
Being one of the most business-friendly and investment-driven cities, Dubai provides all the necessary elements for working in various fields.
It has become a fundamental pillar in facilitating entrepreneurial projects.
The key conditions include:
- Before taking any action, it is necessary to specify the activity that the company will engage in (commercial, industrial, etc.) for ease of issuing the required licenses.
- The commercial name must comply with commercial laws and regulations, which include:
- Clearly indicating the type of activity.
- Being similar to other companies operating in the same field without exceeding their names.
- Not containing the name of a government entity or another company.
- Providing a duly attested lease agreement for the company’s premises from the Dubai Real Estate Regulatory Authority.
- Ensuring that only one license is obtained.
- If there are additional activities, the licenses should be submitted to the specialized licensing authority for verification.
- Complying with all legal requirements and documentation needed for the specific type of activity, such as health and safety permits, professional qualifications, and any other relevant certifications.
It is important to consult with the relevant authorities or seek professional guidance to ensure compliance with all the necessary conditions for the cost of issuing a commercial license in Dubai.
Key Advantages of Establishing an Investment Company in Dubai
There are numerous advantages offered by company formation services when opening a bank account in Dubai, along with several privileges provided to investors and entrepreneurs.
Some of the key advantages include:
- Significant facilitation in payment the cost of issuing a commercial license in Dubai.
- Flexibility in completing the necessary legal procedures for company formation.
- As well as, thriving investment and competition among clients and investors throughout the Middle East.
- Electronic transactions for processing all documents and paperwork, providing services around the clock, thus facilitating the completion of procedures.
- Payment of commercial license fees through available payment methods.
It is worth mentioning that companies operating in free zones are completely exempt from taxes or customs duties, allowing for expansion based on these profits.
Tasyeir company is the optimal solution
Now, you can benefit from the best services provided by Tasyeir company to determine the cost of issuing a commercial license in Dubai.
They will provide you with all the necessary legal procedures to fully establish your company.
You can also follow us on our social media platforms to stay updated and avail yourself of the administrative services through our Instagram page here and on LinkedIn here.
Additionally, you can inquire and access information through our Facebook page here.
