Steps to get business license in twofour54 Free Zone
1. Submit Application with Documentation and Completed Business Plan
Begin by submitting your business license application and the required documentation, including passport copies, business plan, and other relevant paperwork. Ensure that all forms are duly filled and signed.
2. Choose Your Business Name
Submit a trade name request with the TwoFour54 authority, ensuring that your chosen name has not been previously chosen and does not violate any restrictions.
3. Sign Required Regulatory and Legal Documents
Once approved, you'll be required to sign the necessary regulatory and legal documents per the guidelines provided by TwoFour54 Free Zone. These documents outline your rights, responsibilities, and obligations as a business owner within the free zone.
4. Pay All Fees and Obtain License
Once all documents are signed and fees are settled, you'll receive your business license from TwoFour54 Free Zone. This license grants you the legal authority to conduct business activities within the free zone.
5. Open Bank Account
After obtaining your business license, open a bank account in the UAE. A local bank account is essential for conducting financial transactions and managing your business finances effectively.