Steps to establish a company

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Steps to establish a company

Postby merehan on Sun Apr 09, 2023 11:59 pm

company
The company can be defined as a form of business organization, which takes place under a contract in which four pillars must be met, namely: consent; That is, the satisfaction of the parties to the partnership, and eligibility; The age must be more than 18 years, the domicile is meant by the place of the company, and the reason is often the desire to obtain profit, and the company has types or forms, namely: the company with unlimited liability, the company limited by the guarantee of the share of the capital, the limited joint stock company, The company has limited warranty.

Steps to establish or establish the company
basic information
Determining the type of company: There are many types of companies, and each type has certain conditions for its registration, and each of them has its legal responsibilities.
Determining the company's activity: it means the type of activity to be practiced, whether commercial or industrial, and others.
Trade name: It is the name of the company visible to the public, and it is written on the front of the company, and here the appropriate name must be chosen.

Capital: that is, determining the amount of money that will be invested among the partners, and the percentage of each partner.
Partners: This means the person’s ability to provide the capital of the company alone, or does he need others to contribute and partner with him, and the percentage of their contributions must be determined, and whether the partnership will be in capital only, or in management, or both.

Register the company legally
Documents and documents: Where all the documents and papers required to register the company must be collected, such as: the personal identities of the partners, or passports, filling out the form of the company to be registered, and the fees. Register to see the fees.

Competent Department: It is usually affiliated with the Ministry of Industry and Trade in the country, and it is the Companies Control Department, where the company’s legal registration procedures are carried out. After completing these procedures, an official certificate is issued in the name of the company and bears a specific registration number. From that moment on, the company is considered a person with responsibilities and obligations, and with duties.

Starting work after the establishment of the company
Determining the location or headquarters of the company: that is, choosing the appropriate place for the company, as the appropriate and good place facilitates many things, including the arrival of customers to the location of the company without difficulty, then installing a banner bearing the name of the company and the type of activity in a prominent place and exposed to the public to make it easy to see.

Taking additional licenses: that is, licenses and approvals other than the company’s license, as it may require obtaining approvals from some official authorities such as the municipality and security approvals, and these are often formalities.
Crew: They are the people and employees who will work in the company, and their number is determined according to need.

TRANSLATED FROM:
تأسيس شركات دبي
تأسيس شركات في دبي
تأسيس شركة في دبي للاجانب
merehan
 
Posts: 19
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Re: Steps to establish a company

Postby xangbar on Mon Apr 01, 2024 5:00 pm

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