Dubai company incorporation

12 steps to incorporating in Dubai

Incorporate new company in Dubai

    PRE-INCORPORATION STEPS

  1. Client due diligence and commitment: Prior to company incorporation, our Client i) settles Healy Consultants fees, ii) signs and returns our Client engagement letter and iii) provides us with all the required due diligence documents;
  2. Planning phase: Our experts draft a detailed engagement project plan, mapping out by week each step to engagement completion, optimizing transparency, and setting Client expectations for the registration process. Healy Consultants then assists our Client to determine i) what type of Dubai business entity is required ii) what class of business license is required iii) how a UAE national sponsor will help iv) Dubai corporate banking and cash flow considerations and v) employment visa strategies;
  3. Corporate structure: The exact Dubai corporate structure is agreed upon with our Client. For engagements requiring a local joint venture partner, Healy Consultants provides our Client detailed due diligence information about the 51% local shareholder. A detailed legal shareholders contract is signed between our Client and the UAE national, clearly defining all roles and responsibilities in the company;
  4. INCORPORATION STEPS

    Phase 1: Name reservation and application submission to Department of Economic Development (DED)

  5. Healy Consultants i) reserves the proposed company name and ii) obtains preliminary approval on the business activities, trade name, and identity of partners (if applicable) by completing the application and licensing from the Department of Economic Development and iii) prepares company deeds of establishment and articles of association and submits for notarization by a notary public in the Dubai courts;
  6. Phase 2: Documents filing with DED and registration with the Dubai Chamber of Commerce and Industry (DCCI)

  7. Healy Consultants then i) notarizes and files all the company documents with the Commercial Registry at the DED Trade License and Commercial Registration Department and ii) settles the required fees and registers the company for membership with the Dubai Chamber of Commerce and Industry (DCCI);
  8. Phase 3: Corporate bank account opening and securing business premises

  9. Healy Consultants banking team will assist our Client to open a Dubai multi-currency corporate bank account with a leading local bank. Our Client deposits the paid up share capital and supplies Healy Consultants with a certificate of deposit and bank statement;
  10. Our Client then supplies Healy Consultants with a lease agreement for their office premises. If this is not possible, Healy Consultants will supply virtual office services for 6 months until our Client finds their preferred business address;
  11. Phase 4: Trade license application

  12. Next, Healy Consultants prepares the license application for our Client’s business activity. Under the Dubai law, our Client will apply for one of the following: i) commercial license (for engaging in trading business) ii) industrial license (for setting up a manufacturing business) and iii) professional license (for offering services including accountancy and consultancy);
  13. Before the license application is submitted, if required Healy Consultants will assist secure a local UAE partner and draft a service agreement to submit to the DED along with i) the MOA ii) the name approval certificate iii) the lease agreement and iv) the certificate of capital deposit. Within three weeks, business license approval is received. However, for some business activities, additional permits from the government authorities will also be required; this will increase time period for license approval;
  14. Phase 5: Company registration finalization

  15. Subsequently, Healy Consultants assists our Client to register the UAE LLC with the Company Registry Office and obtains a Company Registration Certificate from the Ministry of Commerce. Thereafter, the company MOA is published in the Ministry of Economy and Commerce‘s Bulletin;
  16. POST-INCORPORATION STEPS

  17. Healy Consultants then i) applies for an establishment card from the Ministry of Labour and ii) registers the company with the General Directorate of Residency and Foreigners Affair (DNRD);
  18. Following engagement completion, Healy Consultants couriers a full company kit to our Client, including original Dubai corporate documents, unopened bank correspondence, and a Client feedback survey.

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Contact us

For additional information on our company incorporation services in Dubai, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi