Commercial Trade License in Dubai
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Commercial Trade License in Dubai
If you’re thinking of starting a business in the UAE, you’ll need a commercial trade license. This license is important for any company that engages in any type of commercial trade, whether general or specialised. You can get this license in Dubai or anywhere else in the UAE.
This license is your key to endless chances in the heart of Dubai. It empowers you to engage in commercial activities and trade throughout the UAE.
With this license, you can pursue your profession in General Trading or any other ventures, importing, re-exporting, and trading goods and commodities. It represents your entrepreneurial spirit and ensures your vision flourishes.
A commercial trade license offers protection and regulations, serving as a shield against obstacles and propelling you towards success. It unites various trading entities under the banner of growth, including retail, construction, real estate, and transport.
Shuraa Business Setup can be your guiding star on this journey, fulfilling the formalities and carving a path towards realising your dreams.
Activities you can do with a commercial license in Dubai
- General store
- Cold storage facilities
- Import/export operations
- Tanks and silos trading
- Rental services
- Automobile trading
- Shoe trading
- General warehousing services
To get a complete list of approved commercial activities, contact DED or seek help from our specialised experts.
Apply for a commercial trade license in the UAE today.
Benefits of a Dubai Trade License
The requirements for obtaining a trade license in the UAE vary depending on the type of license and the emirate in which the business is located. However, some general requirements include:
Boost Trade Allows local and international trade, import, export, and re-export. Few Trade Restrictions.
Enhance Credibility Legal compliance creates trust with customers and markets. Quick process.
Enjoy Tax Benefits Over 90,000 people moved to Dubai in 202. Why? Dubai’s tax incentives.
Sponsor Opportunities Easier to sponsor dependents and employees. Safe personal and business life in Dubai.
How to Obtain a Trade License in Dubai
The process of obtaining a Dubai trade license involves a series of essential steps.
Choose a Business Name
Start by getting a suitable trade name for your business. A company name must comply with UAE company name guidelines and be unique, not already used by another company.
Define Your Legal Structure
Next, determine the legal structure of your business. The next step in your application is crucial, as it outlines how your business will operate and who will be responsible for its actions.
Specify Your Business Activities
Once you have decided on the company name and legal structure, outline all your venture’s business activities. Remember that each trade license allows a maximum of ten activities, so list them accordingly.
Complete the Application Form
Please ensure that you complete the application form accurately and thoroughly. Once completed, kindly submit it to the Department of Economic Development (DED) for initial approval.
Obtain Any Additional Approvals
Get external approvals from authorities before starting your business to avoid license rejection. Research and secure these approvals beforehand.
Do you have all the required documents?
Ensure you have all the required documents ready to submit along with your application. Check that all necessary signatures are in place to avoid any delays in the process.
Choose Your Business Location
Decide on the type of trade license you need, keeping in mind that a mainland trade license necessitates a physical business location.
Once you have chosen a suitable location, obtain a tenancy contract.
Ensure Ejari attests to the contract and includes it in your application materials.
Submit Your Application
With all the mandatory documents and a confirmed location, you can now apply for a trade license from the DED. The application will undergo review and processing.
Pay Your Licensing Fees
Remember that obtaining a trade license involves fees. Pay the issuance and license fees to complete the process and receive your trade license.
Don't miss out on this potential business opportunity – take the first step today!
Cost of commercial license in Dubai
In Dubai, the fees for obtaining a commercial license vary depending on the specific business activity and individual requirements. We can provide an overview of the general charges to help you understand the total cost.
The license fee starts at AED 12,000*. Other expenses, such as license translation fees,Visa fee, may also apply.
It is important to note that the fees mentioned only cover the official costs of obtaining the trade license. They need to include the full process of company formation in Dubai.
How to Renew Your Dubai Commercial Trade License
If you want to continue doing business in Dubai, it’s important to renew your Trade License before it expires. Otherwise, your license will no longer be valid, and you won’t be able to carry on your business activities. Besides, you may be charged a penalty fee for renewing an expired license. That’s why following the steps below is crucial to renew your DED Trade License.
- Check Your Tenancy Contract Your tenancy contract must be valid for at least one month after your Trade License expiration date. If it doesn’t meet this requirement, you’ll need to renew your contract before renewing your license.
- Submit Your Renewal Application You’ll need to apply for renewal at DED and submit the necessary documents to renew your license. The process is straightforward, and you’ll need to include the following:
-Copy of your tenancy contract
-Copy of your current Trade License
-Passport copies of all business partners and investors - Pay the Renewal Fee Once your documents are approved, you’ll receive a DED voucher to pay the renewal fee. After making the payment, your license will be renewed immediately.
Get Your Commercial License in Dubai with Ease
If you’re planning to start a business in the UAE, you can rely on Shuraa for assistance.
Our team of experienced professionals will take care of the entire license application process and help you with opening corporate bank accounts. We also offer expert advice on financial institutions. In addition, we provide comprehensive visa and immigration services that cover all necessary government formalities, permissions, work permits, and visa applications.
We handle all the administrative tasks so that you can focus on running your business smoothly.
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