If you are messed up thinking how to get a business license in Dubai? And are researching about the various documentation required for a Dubai commercial trade license or are have a lot of prospective clients and do not want to waste time with the paperwork – you can get a commercial trade license in Dubai in just minutes! With increasing number of business opportunities, the need for an instant business license in Dubai has become a must! Comprehending the same, the Development of Economic Department in Dubai have proposed instant business licenses in Dubai for entrepreneurs and businessmen willing to start a business in Dubai immediately.
With the permissibility of doing business for up to one-year without any documentation, the instant license allows you to freely explore the Dubai market and as well as provide added benefits. Further, you neither need to submit the Memorandum of Association MOM, the tenancy contract nor the location details. An instant license can be applied through DED e-services; service channels or the simplest would be a business service provider in Dubai.
Still like to know how to get an instant business license in Dubai step-by-step, read on:
- Visit a center, business provider or log in to DED e-services
- Fill up the legal form provided for acquiring a business license in Dubai
- Choose your trading activities from the list on display.
- Add the partners as mentioned on the legal form
- Specify the percentage of share capital and the total capital value
- Specify the partnership ratio in terms of profit and loss in the company
- Produce the previously reserved trade name (If you haven’t reserved trade name get an instant ‘trade name number’ generated by the system.)
- Payment voucher will be generated at this stage – On the DED website, it will have specific DED charged but with a center or a business provider an additional nominal fee will be charged.
- Successfully make the payment and print your instant license.
With the instant license at hand you are free to get into business activities, however, at the time of renewal, all the documents have to be produced as per the DED standards.
Would you like to know what are the documents for business license renewal in Dubai or the cost of an instant business license? Follow this section or contact Shuraa Business Setup for more information.