The Emirate of Abu Dhabi is considered ideal for investors seeking to establish a successful holding company in Dubai. The Emirate of Dubai is one of the most important emirates, as it characterized by an advanced infrastructure, a dynamic economy that supports all sectors, and advanced commercial legislation that achieves an ideal investment environment.
Establishing a holding company in Dubai
Regardless of the idea of the company you are seeking to establish or the budget you have available. You can turn your vision into reality by hiring companies specialized in the field of establishment.
There are companies that stand out as one of the largest companies providing distinguished facilities at an affordable cost, such as Tasyeir Company for company establishment services.
The first step towards achieving success is to develop a comprehensive plan for your chosen business activity.
In addition to understanding the conditions that you must fulfill to start the process of establishing a holding company in Dubai.
The company’s team you are dealing with also allows you to benefit from their extensive experience to guide you through the stages. And provide comprehensive support to ensure the success of your investment.
Steps to establish a holding company in Dubai
There are several vital steps that must be taken to establish a holding company in Dubai, and among these steps are:
1. Determine the company’s activity:
The first important step is to determine the type of economic activity that the company aims to operate in. There are more than two thousand activities that can be chosen.
It also includes professional, commercial, industrial, craft, tourism, and agricultural licenses.
2. Registering a commercial name:
A unique commercial name must register for the company, which reflects its activity and avoids similarity with the names of other companies.
3. Determine the legal form:
The appropriate legal form for the company must be chosen, which could be a branch of a local company, a holding company, or a branch of a Gulf company.
Limited partnerships, etc. Each legal form requires compliance with its own rules and regulations.
4. Obtaining initial approval:
Providing the facility for obtaining initial approvals within hours of applying to the company to start establishing a company under my shadow.
This means that there is no objection to the idea of establishing the company. And this approval represents the beginning of completing the necessary steps to obtain the full license.
5. Articles of Association:
After obtaining initial approval, the articles of incorporation must submit and documented. According to various legal forms such as private contribution, civil acts, and simple recommendation.
The company is a limited liability company. These steps form the basis for establishing a successful holding company in Dubai. It recommended to cooperate with companies with experience in the field of establishment to facilitate the establishment process. And ensure compliance with local regulations and laws.
Documents required to establish a company in Dubai
To obtain a license to establish a holding company in Dubai, several documents must submit to the competent authorities. These documents include:
- Application form: The application must be filled out and include the name of the company in Arabic and English. And color photographs must be submitted to the applicant for establishing the company.
- Initial approval receipt: The initial approval certificate obtained must submit. In addition to the documents previously submitted.
- Certificate of Authentication of the Lease Contract: A copy of the certificate proving the authentication of the lease contract for the company’s headquarters.
- As well as, Confirmation of approval of government agencies: Documents showing the approval of various government agencies if the activity requires it.
- Memorandum of Association for the activity: the Memorandum of Association that is appropriate to the type of activity being practiced.
- Contract for appointing a service agent or company agent: The contract that specifies the appointment of a service agent or company agent according to the type of activity.
- Payment Receipt: You must pay charges within 30 days of receipt of payment receipt, to avoid cancellation of the order.
These documents form an essential part of the company establishment process in Dubai. And contribute to ensuring full compliance with local laws and regulations.
Types of activities allowed in Dubai
After obtaining the commercial license, you will be opened to a wide horizon of activities that are permitted to be practiced in Dubai according to the Department of Economic Development’s issues, which include but are not limited to:
- You can provide monitoring services in various forms according to specified standards and controls.
- The license allows you to provide various advertising services, whether through social media or traditional media.
- As well as, you can provide self-storage services to individuals and companies.
- This category includes the provision of beauty and children’s care products.
- As well as, it gives you the opportunity to manage restaurants and provide dining services.
- You can provide specialized cleaning services for homes and businesses.
- As well as, you are allowed to provide exchange and various financial services.
- You can manage and operate general warehouses to store and distribute goods.
- As well as, the license allows you to engage in import and export activity to provide goods and services internationally.
In conclusion, it is clear that establishing a holding company in Dubai represents a promising strategic step towards achieving success and business expansion. And with the dynamic economic environment and facilities provided by the Department of Economic Development in Dubai. Investors can benefit from a wide range of opportunities and rely on distinguished establishment companies. Establishing a company becomes a process. Seamless and Facilitated By complying with the requirements and submitting the necessary documents. Investors can take full advantage of the opportunities available in Dubai.
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