How much does a trade license cost in Dubai?
Before you start the process of starting your business in Dubai and the UAE; you must know what fees to expect for Trade License in Dubai. Thus, this will allow you to budget for the process and avoid running into any issues.
The trade license price in Dubai depends on what type of physical goods you will sell and which approvals you must obtain. Similarly, let’s observe other factors:
Partnerships with local sponsors.
A number of business partners.
Type of business activity
A business license in the UAE is not expensive nor complicated if you work with us and take advantage of our business license solutions. That is to say, a general trading license fee ranges from AED 30,000 to AED 40,000; however, it depends on several factors.
In addition, you can use this business license as a legal holding structure within the country and other government entities. Likewise, the same is used for warehousing and storage.
How can you get a trade license in Dubai?
When working with us, it is easy to obtain a business license in Dubai. However, in order to obtain it, you need to follow some simple steps:
Choose a name
The first step to obtaining the general trading license in the UAE is to choose the right trade name. Similarly, your organization must comply with the UAE guidelines for selecting a business name. In addition, you must pick a unique name that is not already used by another company.
Set your legal structure
Secondly, you need to define the legal structure of your organization to continue the application process for the business license in the UAE and trade license renewal in Dubai. In other words, this legal structure defines how your business will run and how is accountable for the organization.
Define Your company activity
After you decided your business’ name as well as the structure; adding activity in the trade license Dubai is crucial and you must outline the company activities you want to carry out. In addition, you must make sure you disclose all tasks on the license; however, keep in mind that all licenses allow a maximum of 10 activities.
Fill out the Application Form
After that, the next step of the process is to complete your application form. After you complete it, submit it to the DED for initial approval.
Get additional approvals
Some company activities require you to obtain extra approvals. In Connect Middle East we do our research before successfully completing the formation process and with the trade license online check in Dubai. Otherwise, the general trading license may get rejected.
Gather Required Documents
You must submit additional documents and the documents required to renew trade license in Dubai with your license as well as your successfully completed application. Therefore, gather the documentation and ensure you have the required signatures.
Choose your location
You have various options when it comes to the types of business license in Dubai and where you want to establish in. For instance, if you apply for a mainland type of license you must have a physical office space.
Similarly, after you choose the location, you must obtain a tenancy contract. Therefore, the Ejari must attest to the contract, and then; you will submit it with the rest of your application.
Submit the application
After you choose your business location and have all materials in hand you can submit your general trading license in Dubai. Further, we take care of the application and process it on your behalf.
Pay your licensing fees
As we mentioned earlier, the business license in the UAE is not free. You must the issuance payment and the license fee itself to receive the general trading license.
Do you need a license to sell in Dubai?
In short, yes. That is to say, in simple terms, a commercial license in Dubai and the UAE allows you to trade in goods and sell services. In the same vein, you can import and sell these physical goods in the country, export it for sale outside the UAE, or trade them solely within the country.
On the other hand, the commercial trade license allows you to trade almost any type of goods; ranging from toys, electronics, foods, jewelry, etc. In addition, you may also sell solutions under the commercial license such as real-estate services and brokerage.
And as we mentioned earlier, with this type of license, you can engage in the import, export, and import of goods; within, out, and in the UAE; allowing you to sell certain services.
This type of license is very popular in the country for several reasons. Firstly, Dubai is well known for its pro-market policies and strategic trading location; the city is surrounded by markets in Africa, Asia, Europe, and the Middle East.
Similarly, various international airports integrated with the country’s direct access to the Persian Gulf also make it popular with cargo companies.
What is a business license in Dubai?
A license in Dubai and the UAE are a crucial part of the company formation process in this beautiful country. That is to say, obtaining the type of license related to your company is not an easy task; but with our assistance and guidance, you will have a hassle-free process.
In addition, our professional team of experts will ensure you obtain the types of business license in Dubai that you need such as:
Or trading license.
In the same vein, it does not matter where you establish your business; we will assist you to obtain the right business license for smooth operations.
On the other hand, our team of professionals will guide you about the best license suitable for your business. In addition, in Connect Middle East we will assist you to set up your company in Dubai and how to check trade license in Dubai. We have played a very important role in the incorporation of successful business entities across the UAE.
And with more than 2 decades of experience, we are a top-leading licensing and business setup company in Dubai.
How can you obtain a business license in the UAE?
The overall process of obtaining a business license in the UAE involves obtaining approval from the government departments. In the same vein, you also must obtain all your business creation documentation cleared from the UAE agencies within a short period of time. However, for first-time investors and entrepreneurs, this process may be expensive and confusing.
In Connect Middle East we can obtain your business Trade license in Dubai and all emirates easily and in no time. Similarly, we advise you on the right type of license you need for your company; allowing you to obtain the Trade license and renewals hassle-free.
What is commercial licensing?
Before you start working in the UAE, you must choose the type of license you need. Further, the essence of your company’s activities will determine this. In the same vein, as we mentioned earlier there are various licenses, technical, manufacturing, commercial, etc. But we are concentrating on the commercial here.
Further, a commercial license allows you to import, export, and trade products, in, out, and throughout the country. For several reasons, this type of Trade license is common in Dubai and the UAE.
In addition, with our assistance as a business setup partner, our business formation, and incorporation process; we make it simple to start trading. Likewise, all companies operating in Dubai are required to apply for one of the available licenses. And one of the most common is the commercial license; this allows the company to perform trading activities.
On the other hand, we have Dubai LLCs, which you can form in Company Formation in Dubai Mainland as well as all free trade zones in the country. Similarly, it is one of the most common ways of company incorporation used for operating the license.
On the other hand, each free zone authority is in charge of issuing its own licenses; that is one of the unique aspects when you start a free zone company in the city. On the other hand, commercial licenses are the same everywhere, it does not matter in which economic zone the organization is registered.
But a commercial license for a free zone company can be used only for trade tasks inside the free zone. In other words, international companies obtain this type of Trade license when they want to open subsidiaries or branches in Dubai.
How can you acquire a commercial license in Dubai?
If you decide you want us to work side-by-side with you; obtaining this type of license is a very simple process. That is to say, there are just 3 steps involved; let’s observe:
Free zone or mainland?
One of the most important things to have in mind when setting up your company in the country is whether to establish it in Dubai’s mainland or free zone.
Similarly, there are several advantages to both. Thus, free zones like Fujairah Creative City offer some benefits such as ongoing business support, financial incentives, easy and quick incorporation process, no currency restrictions, and tax exemptions.
There are many types of free zone licenses. Further, many free zone areas offer a vast range of licenses such as commercial license, e-commerce, industrial license, home business license in Dubai, and professional services.
On the other hand, you can also find a range of services available in the mainland area. Similarly, companies in the mainland area are able to trade directly in the country’s market and take advantage of lucrative government contracts.
Most importantly, the right setup will depend on the nature of your company. In addition, we can assist you to make this decision, advising on what is the best option for your company.
Your business name
Choosing a name is a crucial step when creating a company in the UAE. But as we mentioned earlier, there are a few things you must have in mind. Thus, you comply with strict and easy conventions. In the same vein, in Connect Middle East we can assist you in this step.
You must avoid any blasphemous or offensive language. Further, you must avoid the names of organizations and avoid abbreviations. And you must check if the name is available; however, we can take care of this process on your behalf.
Your license application
The last step for this process is making the application. And if you are setting up in the Dubai mainland area; you can apply directly to the Department of Economic Development (DED). And if you have decided to work in a free zone, you can apply to the government body in charge.
In any case, one of the best ideas is to take advantage of our company formation services in this step; this will ensure a fast and smooth process.
Is the commercial license the same as a trade license?
A commercial license is issued to businesses involved in any type of commercial activity. That is to say, specialized and general traders can take advantage of commercial licenses and operate in the country.
On the other hand, a trade license serves as both the protection and regulation of trading organizations. For instance, businesses that belong to the construction, real estate, and retail industry also must apply for it.
That is to say, let’s observe the benefits we provide you with these licenses:
You can carry out a maximum of 10 activities in a single trade license.
Various options of the registration of the type of business
The possibility to undertake several business activities in one license.
Secure the business engagement with the Registrar of business and the DED.
Residence visas for the company’s management and workers.
Cost-effective methods for the renewal of the commercial license.
Assistance with the opening of corporate accounts.
Commercial and trade licenses are in high demand in the country. That is to say, all companies relating to consultancy must obtain one; all types of goods trading require a commercial license to start.
In conclusion, in Connect Middle East we will take care of this process on your behalf to obtain any type of Business Trade license your business need.