Open an IT Company in Dubai

There are several investment opportunities for those investors, either local and foreign, who intends to open an IT company in Dubai. In the IT industry, many large corporations have opened subsidiaries in Dubai. Moreover, Dubai also presents plenty of choices for smaller IT companies in Dubai as well. The process of incorporation of an IT company in Dubai is quite simple once all the requirements are met. Our dedicated experts in company incorporation in Dubai can guide clients through every step of the process of registration of a company in Dubai.

Obtaining a professional license for an IT company in Dubai

Before setting up the Dubai IT company in Dubai, an investor either local or foreign must obtain a professional license which is issued by the Department of Economic Development (DED) in Dubai, and this will allow the investor to engage in the IT business in Dubai. This means that it is important for an investor to hire the services of a local agent in Dubai who will then assist the investor in obtaining the professional license, employment visa, and any other documents and information required to set up an IT company in Dubai.

To obtain a professional license for an IT company in Dubai, an investor must have the name of the IT Company in Dubai reserved and approved by the Department of Economic Development in Dubai. IT companies in Dubai can either be registered as professional firms with full foreign ownership or as sole proprietorships.

Civil companies in Dubai are also allowed when the foreign investor has one or more partners. Besides, there is no minimum share capital for civil companies in Dubai. However, the amount of the share capital must be stated in the articles of association of the IT firm in Dubai.

Documents are required to open an IT company in Dubai

The following documents must be submitted to the Department of Economic Development to open an IT company in Dubai

  • Copies of passport for the investor and his/her partners’ requesting the license.
  • Proof of payment for the approval fee,
  • A copy of the naturalization book for the local partner
  • A no objection certificate (NOC) for expatriate partners from their sponsors,
  • Each of the partners requiring a professional license in Dubai has an obligation to pay a security deposit of 20,000 Dirhams while a single investor is required to pay a security deposit of 10,000 Dirhams,
  • There is also a partnership agreement that must be signed by the partners of an IT company in Dubai in front of a notary.

The registered IT company in Dubai must have a registered office which is why the owner is also required to submit a tenancy contract during the application of the professional license in Dubai.

Establishing an IT company in Dubai does not take long, and our specialists in Quantum Auditing can provide you all the details and assistance needed to set up the IT company in Dubai. You can contact us for any questions related to business registration in Dubai.