All About the Request to Register Companies on DLD

All About Request to Register Companies on DLD

As the UAE’s real estate sector expands rapidly, investment prospects have grown dramatically. The Dubai Land Department (DLD) is in charge of overseeing and enforcing real estate processes and laws throughout the Emirates. It also offers a variety of services to buyers, sellers, investors, and developers.

If you own a business in Dubai, the first step is to register it with the DLD. To assist you in getting started, we have compiled a list of all the prerequisites for registering companies on DLD. Let’s go through them.

HOW TO REGISTER A COMPANY ON DLD

It is critical to register companies on DLD, just as you might register a real estate project in Dubai before you begin. The procedure of registering a corporation is made easier with this service. When you register your business, you will be given a unique reference number that will link your registration to the department’s system.

This reference number is essential for future real estate transactions, such as buying or selling property. Furthermore, if you need to alter your company’s registration records by adding or removing information, our service makes it possible.

That being said, let us go over the requirements and process for registering companies on DLD.

REQUIRED DOCUMENTS

required documents
To use the service, applicants must provide the necessary documentation.

The following documents are required to register for the process:

For a single person’s establishment

  • Trade licence
  • Owner’s Emirates ID, valid passport and residence permit

For a limited liability company

  • Trade licence
  • Association Memorandum / Association Articles
  • Modify or make additions to the attachments accompanying the Memorandum of Association and Articles of Association, if applicable
  • Owner’s Emirates ID, valid passport and residence permit

For a single person

  • Trade licence
  • Memorandum of Association / Articles of Association
  • Modify or make additions to the attachments accompanying the Memorandum of Association and Articles of Association, if applicable
  • Owner’s Emirates ID, valid passport and residence permit

For a private joint stock company

  • Trade licence
  • Association Memorandum / Association Articles
  • Modify or make additions to the attachments accompanying the Memorandum of Association and Articles of Association, if applicable
  • Owner’s Emirates ID, valid passport and residence permit

For a public joint stock company

  • Trade licence
  • Association Memorandum / Association Articles
  • Amendment annexes, if applicable

For a branch (local/foreign/free zones)

  • Trade licence only

For civil/collateral works

  • Trade licence
  • Association Memorandum / Association Articles
  • Modify or make additions to the attachments accompanying the Memorandum of Association and Articles of Association, if applicable
  • Owner’s Emirates ID, valid passport and residence permit

For a Government Liaison/Representation Office

  • Trade licence
  • Association Memorandum / Association Articles

Only decrees will be issued for companies/establishments/cooperative or charity societies/sports or cultural groups.

Free zones

  • Licence/Incorporation Certificate
  • Memorandum of Association / Articles of Association
  • Modify or make additions to the attachments accompanying the Memorandum of Association and Articles of Association, if applicable
  • Owner’s Emirates ID, valid passport and residence permit
  • A no-objection certificate (NOC) from the licensing authority only allows property ownership for purchase.

For foreign and GCC companies

  • Incorporation Certificate /trade licence
  • Memorandum of Association / Articles of Association
  • Modify or make additions to the attachments accompanying the Memorandum of Association and Articles of Association, if applicable
  • Owner’s Emirates ID, valid passport and residence permit
Real Estate Registration Trustee Centre
The applicant must go to the Real Estate Registration Trustee Centre to apply for the service.

PROCEDURE

Here is the process, which includes the stages listed below.

  • Step 1: The customer visits a Real Estate Registration Trustee Centre.
  • Step 2: An employee verifies that no documents are missing (uploads all relevant documents via the digital safe).
  • Step 3: An employee enters transaction information into the system and performs an audit.
  • Step 4: the customer pays and receives a payment receipt.
  • Step 5: The consumer receives an email verifying the successful registration with the company’s reference number.

The service takes 25-30 minutes to process.

TERMS AND CONDITIONS

Foreign firms who want to do business in the UAE, especially in Dubai or Ras Al Khaimah, must first register in one of these free zones. Companies from the Gulf Cooperation Council (GCC) nations, on the other hand, are required to register with the Dubai Department of Economic Development if they wish to operate in Dubai.

FEES

The following is a breakdown of the costs of registering a company with the Dubai Land Department:

  • A single-person establishment costs 500 AED + VAT, including service partner fees.
  • The registration of a limited liability company costs 2,000 AED plus VAT, which covers service partner fees.
  • The fee for establishing a company with foreign shareholders is 4,000 AED + VAT, which includes the expenses of the service partners.
  • Changes to company documents, such as adding or removing information, are subject to a price of 500 AED + VAT, which includes the fees of service partners.
  • Applicants can pay the service charge by epay, the Sadad Dubai platform, Noqodi, or a manager’s check made payable to the Land Department.
Different companies can use this service to register with DLD.

FAQS

WHO ARE THE THIRD-PARTY PARTICIPANTS IN THE DLD REGISTRATION PROCESS?

The property’s owner and real estate developer are the third parties participating in the DLD registration procedure.

HOW MUCH DOES THE DLD PROPERTY REGISTRATION FEE COST?

DLD charges 4% of the entire property price. DLD costs are legally split in half, with the buyer covering half and the seller covering the other.

WHAT KINDS OF COMPANIES CAN USE THIS SERVICE?

All companies, like real estate developers, valuation or property management companies in Dubai can use this service to register themselves on DLD.

This article is only offered for educational purposes, providing a general understanding of its material, including relevant laws and regulations, and is not meant to provide specific legal advice. The Blog is not meant to take the place of qualified guidance from a licensed professional.

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