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Establishing a contracting company in Dubai

Establishing a contracting company in Dubai
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Establishing a contracting company in Dubai, Dubai is a city rich in resources and factors that encourage investors to invest in several areas active in the city, including real estate investment.

The government also supports contracting companies with all modern facilities and continuously developing infrastructure, office services, electronic support means, and other facilities and regulations that regulate the process of establishing a contracting company in Dubai.

In the following lines, we discuss ways of government support for contracting companies and the advantages that the investor obtains when establishing a contracting company in Dubai, in addition to the steps and some important tips before entering the market.



Establishing a contracting company in Dubai

Advantages of establishing a contracting company in Dubai
Government authorities in Dubai provide all support to investors to facilitate the process of establishing a contracting company in Dubai through the following support points:

Establishment of free zones in Dubai, in which there are facilities and tax exemptions for investors, the right to full foreign ownership, freedom to dispose of capital and profits, and other advantages that investors seize.
Establishing a contracting company in Dubai, including accommodation and providing shared offices to work for low fees and costs.
Providing تكلفة تأسيس شركة فى دبي for establishing a contracting company in Dubai and providing many electronic payment methods in order to save time and effort on the investor.
Providing the necessary facilities and services to establish a contracting company in Dubai and providing various office spaces and all the needs for this type of company to provide an ideal work environment.


Steps to establish a contracting company in Dubai


Determine the nature of the activity
The first step in establishing a contracting company in Dubai is to determine the nature of the company’s activity, which is an important step on the basis of which the rest of the steps and procedures are determined.



Trade name reservation
The second step in establishing a contracting company in Dubai is choosing the trade name for the contracting company. This is because the company’s trade name is what distinguishes a commercial license from another trade license, and the trade name is registered with the Department of Economic Development in Dubai. The regulations and laws stipulate conditions for choosing the trade name of the contracting company as follows:

Choosing a trade name for the contracting company based on the nature of the company’s activity.
The trade name should not include the name of a government agency or include the word “Majesty” or “The Most Beautiful Names of God”.
The trade name of the contracting company should not be similar to the name of another company.
The trade name should be followed by an abbreviation of the legal form of the company.
Determine the legal form
The third step in establishing a contracting company in Dubai is determining the legal form that expresses the contracting company. There is a condition for determining the legal form of the company, which is that it is compatible with the company’s activity, as the legal form of the company determines the laws under which the contracting company will operate in Dubai. There are many legal forms for companies as follows:

Solidarity companies in Dubai.
Simple Recommendation Companies.
Limited liability companies.
Public joint stock companies.
Private joint stock companies.
Commercial representation offices.
Civil works companies.
A branch of a local company.
A branch of a foreign company.
Free Zone Company Branch.
Individual Foundation.
holding company.


Obtaining the initial approval
The fourth step to establishing a contracting company in Dubai is to obtain the initial approval from the competent authorities after selecting a trade name, determining the activity in which the company will operate, and determining the legal form.



Memorandum of Association and business agent agreement
The fifth step to establishing a contracting company in Dubai is to sign the Memorandum of Association and often requires the conclusion of a local service agent or company agent agreement according to the legal form of the company. For these legal forms:

Civil works company.
One person company.
A limited liability company.
Simple recommendation company.
Public joint stock company.
Solidarity Company.
Private joint stock company.


Determine the business location of the company
The sixth step to establishing a contracting company in Dubai is choosing a business location for a company through purchase or rent. One of the conditions of the regulations is to submit a contract notarized by the Real Estate Regulatory Authority in Dubai.



Obtaining additional approvals
The seventh step for establishing a contracting company in Dubai is to obtain additional approvals, because some activities require obtaining additional approvals from the authorities concerned with the nature of the establishment. Such as:

Ministry of Foreign Affairs.
Ministry of Civil Defense.
Ministry of Justice.
The Ministry of Economy.
Dubai municipality.
communication activities.
Engineering and architecture activities.
Dubai Health Authority.
Supreme Petroleum Council.


Obtaining a trade license
The eighth step to establishing a contracting company in Dubai is obtaining the trade license that will be used after paying all the fees related to the license and then receiving it from the service centers in Dubai to start officially flagging and registering with the UAE Chamber of Commerce as a member.
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