The United Arab Emirates is a well-known business destination for business owners across the world. The county offers tax-free incentives, a business-friendly government, a strategic location, and so much more. In order to do business in the UAE, youโll need a trade License or business license.
The business license that you will need will all depend on the type of activities that you plan to do with your company. Here are the different types of trade licenses that are available in the UAE and some of the industries they serve:
Here are the steps you have to take to set up your business in the UAE and get your business license:
โข Get required permission
โข Select a business activity
โข Choose a local sponsor
โข Select a legal form or structure
โข Reserve a trade name
โข Apply for initial approval
โข Get external approvals
โข Rent an office
โข Register your tenancy contract with Ejari
โข Submit important documents
โข Make Payments
If you want to take part in the UAEโs booming economy, now is the time! MSZ Consultancy can easily help you with your business setup. The most important step to company formation is getting your business license. While the process is fairly simple, it does require a lot of paperwork. Contact the experts at MSZ Consultancy at +971 52 544 1248 for your FREE Consultation.