What does it mean to obtain security approval when establishing a company in Dubai? Obtaining security approval when opening a company in Dubai is an essential procedure to ensure compliance with local laws and regulations, and is a necessary step for any investor wishing to start a business in the emirate. Dubai is considered one of the most attractive cities for investment in the world, as it provides an advanced and supportive business environment, but ensuring security and stability in this environment is a top priority. Therefore, the UAE government requires obtaining security approval for anyone wishing to establish a company, to ensure that the intended activity does not conflict with the public interest and is in line with the laws of the country.

Security approval is not just a formality, it is a vital step towards protecting society and the national economy. Through this procedure, the authorities seek to ensure that all business activities in Dubai operate in accordance with local laws and standards, and do not pose any threat to national security or public order. This security assessment includes a thorough review of the company’s founders, identifying the source of invested funds, and ensuring that the proposed business activity is in line with Dubai’s economic vision.

In addition, security approval contributes to enhancing the confidence of local and international investors in Dubai’s business environment, as it shows that the emirate is taking all necessary measures to ensure a safe and stable business environment. The process of obtaining security approval may seem a bit complicated, but it is an integral part of the ongoing efforts to maintain Dubai’s position as a global economic hub. By partnering with specialized companies such as Itqan, investors can facilitate this process and ensure that they comply with all legal and administrative requirements, paving the way for establishing successful and sustainable companies in Dubai. This cooperation increases the chances of project success and reduces potential risks, making the experience of establishing companies in Dubai smoother and safer.

What does it mean to obtain security approval when establishing a company in Dubai?

Documents required to establish a company in Dubai

Dubai is one of the most attractive investment destinations in the world, providing a distinguished business environment that combines advanced infrastructure and supportive government facilities, making it the ideal choice for entrepreneurs and investors wishing to establish their companies. However, before embarking on this project, it is necessary to know the required documents and procedures for establishing a company in Dubai . Understanding these requirements helps facilitate and speed up the process, allowing investors to start their businesses legally and efficiently. In this context, we provide you with a list of the most important documents required to establish a company in Dubai , which ensures full compliance with all local laws and regulations. Documents required to establish a company in Dubai:

• Copy of Passport: A clear copy of the passport of each of the shareholders and directors of the company must be submitted. The passport must be valid for a period of not less than six months.
• No Objection Certificate (NOC): If a shareholder or director is currently working in the UAE, a No Objection Certificate (NOC) must be obtained from the current employer, stating that he has no objection to the establishment of the new company.
• Business Plan: A business plan is one of the basic documents required for some types of companies, especially in free zones. The plan should include details about the company’s activity, goals, and strategies to achieve those goals.
• Lease Contract: A lease contract for the company’s headquarters within Dubai must be submitted. This contract must be notarized by the relevant authorities and proves that you have a physical address for your business.
• Registration Form: The registration form must be filled out which includes the company details such as the company name, business activity, names of shareholders, and their shares in the company. This form is submitted to the relevant authorities to obtain the necessary approvals.
• Proof of income or financial capacity: In some cases, you may be required to provide proof of your financial capacity, whether through bank accounts or financial statements proving that you are able to finance the project.
• Passport size photographs: Passport size photographs of both shareholders and directors must be provided, as these photographs are used in registration forms and other official documents.
• Security Approval: Security approval must be obtained from the relevant authorities, which is an important step to ensure that the proposed business activity is in compliance with the laws of the country and does not pose any threat to public security.
• Articles of Association and Memorandum of Association: If you are establishing a limited liability company (LLC), you must submit the Articles of Association and Memorandum of Association of the company, which specify the company structure and shareholders’ shares.

Providing these documents in full and accurate form will help facilitate the process of establishing a company in Dubai and ensure compliance with all legal requirements. Working with specialized companies such as Itqan can help guide investors through this process, ensuring that things run smoothly and minimizing any delays or complications.

Types of companies that can be established in Dubai

Types of companies that can be established in Dubai

Dubai is one of the world’s leading destinations that attracts entrepreneurs and investors from all over the world. With its advanced infrastructure, excellent business environment, and continuous government support, Dubai offers ample opportunities for establishing businesses of all types. Whether you are thinking of starting a small or medium-sized business, or even setting up a branch of an international company, Dubai offers a variety of options that meet the needs of all types of businesses. Knowing the types of companies that can be established in Dubai is an essential first step for any investor looking to take advantage of the opportunities available in this dynamic market. Here is an overview of the main types of companies that can be established in Dubai. Types of companies that can be established in Dubai:

• Limited Liability Company (LLC): The most common type of company in Dubai is the limited liability company. This type of company has a limited liability of shareholders to the extent of their capital contribution. To establish an LLC, a local partner must own 51% of the shares, while foreigners can own up to 49%. This type of company is ideal for large and medium-sized businesses.
• Professional Company: Professional companies are those that rely on individual skills and expertise to provide specific services such as legal services, consulting, engineering, and medicine. Foreigners can own 100% of a professional company, but it requires the appointment of a local service agent.
• Branch of a foreign company: Foreign companies can establish branches in Dubai to expand their business in the region. The branch is considered part of the parent company and not an independent entity, which means that the parent company bears legal responsibility for all activities of the branch. This type of company does not require a local partner, allowing the foreign company to have complete control over the branch.
• Free Zone Companies: Dubai offers several free zones that provide special benefits such as 100% foreign ownership, exemption from customs duties and income taxes for a certain period. Companies in free zones can operate within the free zone or export outside the UAE. Free zone companies are an ideal choice for companies targeting international markets.
• Offshore Company: Offshore companies are a suitable option for companies that want to manage their international business from outside Dubai while benefiting from certain tax advantages. These companies are allowed to operate outside the UAE, but cannot conduct business within the country.
• Holding Company: Holding companies are companies that are established to own shares in other companies and manage them. Dubai provides a supportive environment for this type of company, where they can manage their operations and benefit from flexible legislation that supports growth and innovation.

Establishing any of these types of companies in Dubai requires compliance with a set of legal and administrative procedures, but once these procedures are completed, investors can benefit from the significant economic opportunities that the emirate offers. Companies like Itqan provide support and advice to investors to ensure that the incorporation process is smooth and efficient, allowing them to focus on growing their business and achieving success in one of the most dynamic markets in the world.

Our company’s role in establishing a company in Dubai  

In conclusion, when discussing the importance of obtaining security approval when establishing a company in Dubai , it can be said that this procedure is not just a legal requirement, but rather an essential element for ensuring the success and sustainability of businesses in the emirate. Security approval is the cornerstone of protecting the national economy and ensuring that all commercial activities are in line with the country’s laws and regulations. Through this approval, the authorities seek to ensure that new companies operate transparently and securely, and that they do not pose a threat to national or public security. This approach enhances Dubai’s position as a safe and stable investment destination, making it the ideal choice for local and international investors alike.

Partnering with specialized companies such as Itqan can greatly facilitate the process of obtaining security approval. With its extensive experience and in-depth knowledge of the legal and administrative procedures in Dubai, Itqan can provide the necessary support to investors to ensure their full compliance with security requirements. This collaboration not only facilitates the process and reduces the time and effort expended, but also ensures that all steps are carried out correctly and efficiently, thus reducing any potential risks that may affect the progress of the business.

Moreover, obtaining security approval enhances investors’ confidence in Dubai’s business environment. It reassures them that the government sets stringent standards to ensure that all business activities operate within a legal and safe framework. This procedure contributes to building a strong reputation for Dubai as a global economic hub that embraces companies seeking to succeed and grow in a stable and secure environment.

Ultimately, obtaining security approval when setting up a company in Dubai is a vital step towards long-term success. It reflects a company’s commitment to legal and security standards, and enhances its chances of achieving its business goals. With trusted partners like Itqan, investors can be sure that all procedures are carried out smoothly and efficiently, putting them on the right path to success in one of the most dynamic markets in the world.

Frequently asked questions about establishing a company in Dubai