The correct way for Opening a commercial register in Dubai

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In recent years, Dubai has become one of the most prominent Arab countries where various industrial and commercial activities flourish. This is not only for Emirati citizens, but for every person who wants to invest in this city, whether in the trade sector or in other sectors. That is why, in our article, we will talk about all the information you should know about Opening a commercial register in Dubai. Focus with us to find out the details.

What is the importance of the commercial registry in Dubai?

If you want to open a company in Dubai, or in any other city in the Emirates, you must first open your own commercial register. This is why you should learn about Opening a commercial register in Dubai, if you want to invest in this city. Knowing that how to open a commercial register in Dubai is slightly different for Emirati people and foreign people.

Steps for Opening a commercial register in Dubai

In order to be able to open a commercial register in Dubai, there are some steps that you must take. These steps are:

First, determine the business activity of your company, i.e. the company you want to establish in Dubai.
Determine the legal form and contributing parties, in addition to the partnership’s percentage of capital, profits, losses, etc.
Then you must reserve the trade name for your company or business activity.
You must then obtain an initial approval certificate, which can be submitted to the competent authorities in Dubai.
Rent your business site or activity site.
Here you must obtain approval from the authorities organizing your activity.
Finally, receive your business license.

Opening a commercial register in Dubai

After you successfully receive the commercial license, you must follow these steps in order to open your commercial register:

First, send all the papers and documents that were used during obtaining the trade license to the Dubai Economic Development Authority.
Then you must pay the fees for the commercial license, noting that you can pay the fees starting from the date of issuance of the payment authorization and up to 30 days after that.
You must now register for membership in the Chamber of Commerce before starting your commercial activity.
Obtain an official commercial license.
Then you must add the value of your capital to the commercial registry papers.
Payment of the payment authorization fees, which also includes initial approval and reservation of the trade name, in addition to issuing the trade license.
Finally, all you have to do is receive your commercial registration.