When you know the conditions for opening a commercial register in Dubai and actively seek to end this procedure, then you will able to practise your activity completely freely and legally, and thus you will protect your company from any accountability or tax fines.
We all know the tremendous progress that the UAE has achieved in all aspects, in addition to the economic aspects. As the state strives to achieve development, keep pace with the times. And provide all means of comfort to its citizens, which achieves a renaissance for society and development in all fields. Therefore, it is the first destination for investors.
Conditions for opening a commercial register in Dubai
The Emirate of Dubai provides many advantages to its foreign investors. That encourage them to seriously seek to invest there due to the openness of its commercial market, which facilitates achieving success in a short period of time.
Obtaining a commercial register helps you obtain state approval for your commercial project. As it is one of the most important conditions for establishing projects in Dubai.
Its distinguished location exploited to increase the spread of projects. In addition to the decrease in the crime rate. The political stability of the state’s affairs, and its significant economic development.
But before starting any investment within the country as a foreigner. You must first familiarise yourself with the conditions for opening a commercial register in Dubai. So that you can start your project in an effective and legal manner. These conditions are as follows:
- The business activity must identify by providing a brief description of it.
- You choose the appropriate commercial name for the project, taking into account that it is not repetitive and that it is a distinctive name.
- As well as, this activity is also required to have initial approval from the relevant government authorities.
- In addition, the company must have a notarized ownership contract from the Dubai Real Estate Regulatory Authority.
- In addition, all costs of its extraction must pay.
- Additional approvals must obtain if the project requires them.
- As well as, you should know that it is not permissible to obtain more than one commercial licence at a time.
The conditions for opening a commercial register in Dubai are no longer onerous or difficult. Whereas, Tasyeir company will certainly help in completing all the procedures for obtaining the commercial register. As it acts as an intermediary between the investor and the relevant government agencies until the legal approval to make the investment is obtained in a short time.
How to open a commercial register in Dubai?
It is an essential legal step, and no project can complete unless it is completed. And it includes some steps that you must complete, all of which are:
- You must first register your business project data.
- If there are individuals contributing to this project, you must write all their information.
- As well as, you determine the activities that your company undertakes.
- Add company data.
- You determine the type of licence based on the nature of the commercial project, whether a free, professional, commercial, immediate, or industrial licence.
- As well as, you provide the data of the beneficiary of extracting this record.
- It is necessary to obtain signatures from all parties.
- All costs must pay, which is a basic condition for opening a commercial register in Dubai.
When you do all these steps, you will succeed in obtaining the commercial activity. And you will able to practise your activity with great comfort and in a legal manner. You will helpe in all of this by the advanced Tasyeir company, which takes you by the hand to start a successful commercial project. And puts your hand on the first threads of progress and achieving continuous profit.
What is the commercial register in the Emirates?
It is one of the conditions for establishing investment for foreign investors within the country. Without it, the procedures will not complete and thus approval will not obtain to start the project. In addition, you will expose to legal accountability, and you may find with some taxes.
Opening the commercial register is characterised by many advantages, the most important of which is:
- The continuous and great development witnessed by all established projects. And the highest profit rates are achieved in the shortest time.
- Continuous and rapid economic growth.
- Providing many development opportunities for all projects.
- As well as, the distinguished location that helps it attract investors.
When obtaining your commercial license in Dubai , you must take into account choosing a distinct and unique commercial name. As it is among the conditions for opening a commercial registry in Dubai. When choosing this name, you must pay attention to a number of important points that the state explained in detail in order to proceed to the last steps of opening the commercial registry, such as:
- It must be a distinct name that has not been chosen previously.
- There must be an element of compatibility between the commercial name and the commercial registry name.
- Do not include the word “Allah” or the names of government institutions in the country.
- As well as, the legal form is written after writing the name.
- The commercial registry name will not obtain unless it is approved by the Department of Economic Development.
How long does it take to make a commercial register?
Obtaining a commercial register is important for all foreign investors. As no project will implement without it.
Tasyeir company provides all the facilities that accelerate obtaining it and implementing the project in the shortest possible time.
It takes about thirty days to obtain it, but if it is temporary, it takes about 10 days.
Tasyeir company will do all the necessary procedures to obtain it and save you more time and effort. Just go to it.
After knowing the conditions for opening a commercial register in Dubai, you will able to prepare all the necessary papers to apply for it, and then extract them easily.
You must have good knowledge of the conditions for opening a commercial register in Dubai. So that you can legally establish your company or any commercial activity that you wish to practise within the UAE without being exposed to any violations and avoiding tax fines.
There are some conditions set by the state’s laws that must be adhered to.
Tasyeir company helps you accomplish this through simple steps. In cooperation with government agencies within the country. So that you can obtain initial approval to implement your project.
Tasyeir company guides you towards investment
The conditions for opening a commercial registry in Dubai are some steps and papers that must submitt to government agencies in Dubai. Go to a Tasyeir company and it will act on your behalf in carrying out all the steps for obtaining it in a short time and in a sound legal manner.
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