After setting up a company in Dubai, the next most important step is obtaining a Dubai trade License. This designates the business to carry out activities all across UAE. It is the Department of Economic Development (DED) in Dubai, who issues the trade license in Dubai. Emirates business setup services offer DED trade license service in UAE. The UAE government’s initiative to encourage the growth of business setup in Dubai has surged. This gives opportunities to many new startups and entrepreneurs to set up their businesses in Dubai.
In Dubai, trading license is also known as the general trade license and the permit allowed in this can be used for the business activities like import and export of goods, out various types of commercial activities, such as the sale of goods and services in Dubai, companies registered in Dubai Free Zones, professionals serving within a specific industry.
Four main licenses are issued in Dubai and the investors can apply any of them as per the nature of the activity. They are listed as follows:
The professionals offering service with specific jobs require professional licenses to carry out their activities in Dubai.
For all types of trading work being carried out in Dubai, Trade or Commercial license is required.
An industrial license is required for either any manufacturing or industrial work.
This type of business license is required for exports, trades, and imports.
Tourism license in Dubai is essential for anyone wishing to operate in the tourism sector
Four main licenses are issued in Dubai and the investors can apply any of them as per the nature of the activity. They are listed as follows:
Determine the category of activity as business / professional/commercial or industry
Preparation of business legal status in UAE
Get the necessary approvals from the respective government authorities
Fix a name for the company
To obtain a general trade license in Dubai, business premises should be leased and the correct consent from the authority needs to be obtained.
Finally, collect the required documents like memorandum of association
The business setup consultants at Emirates First in Dubai can offer you the best assistance in applying for a Dubai general trade license that best suits the nature of your activities.