Trade License in Dubai

 

Trade License Dubai – If you want to setup a company in UAE then you must obtain a trade license. The business licensing procedures and governmental permits must be taken into keen consideration to start a business in Dubai

Department of Economic Development (DED)

 

The Department of Economic Development (DED) in Dubai is the authority to issue and also approve business trade license in Dubai.

For certain types of business, it needs approval from concerned ministries and also other relevant authorities.

 For example

  • The banks and other financial institutions must need approval from the central bank of the UAE
  • The Pharmaceutical and medical products must obtain approval from the Ministry of Health
  • The commercial and industrial trades in UAE; should be registered with the Chamber of Commerce & Industry.

Following are the types of trade license Dubai

  1. Professional license
  2. Industrial license
  3. Commercial license

Professional license

It will be issued to the various employees, professionals, artists, craftsmen and also service providers.

Industrial license

A company associated with industrial or manufacturing based business activities.

Commercial license

All types of trading activity or any other commercial enterprise.

Trade license renewal in Dubai:

Trade license in Dubai requires renewal annually. Delay in applying for the renewal charges penalty and also may ban the business license, freezing all the business activities. Businesses must submit a complete set of documents required for business trade license renewal in Dubai, such as:

  • Typed and (BR/1) Form
  • Tenancy Contract Copy and also the EJARI Registration Certificate
  • Business License Copy

Click here to know more about trade license renewal

How much does a trade license costs in Dubai?

The trade license in Dubai will cost around 15,000 AED to 50,000 AED or even more.

Following are the procedures to get trade license in Dubai

  • Identify the nature of the enterprise (commercial, professional, or industrial)
  • Identify the business activities (maximum of 10 activities per license)
  • Designate a legal status of the business for your enterprise in the UAE
  • Select a trade name and also register a trade name for your company
  • Submit application to DED for initial approval (valid for 6 months) either via internet, a document creating consultancy/ legal consultant/ even personally
  • Leasing a corporate office
  • Prepare all the relevant documents like the validation proof of other government authorities and also the memorandum of association
  • Submit additional application to the DED for the final approval
  • Pay the fees and then the collect the trade license

To get a customized cost of trade license in Dubai, contact MSZ Consultancy, we can help you with the most suitable and affordable business trade license Dubai. For further details contact: +971589827842 or Email: info@mszconsultancy.com

 

Find out how much it cost you to setup your Dream Business

Other Recent Blogs

How to start a general trading business in Dubai

How to start a general trading business in Dubai

Dubai is one of the major business locations for businessmen and entrepreneurs. UAE is considered to be one of the most popular trading ports around the world. Starting a general trading business in Dubai is going to be beneficial for entrepreneurs. However, there are...

How to start a retail shop in Dubai

How to start a retail shop in Dubai

Dubai is one of the most attractive markets in the region for retailers with growth opportunities in the UAE. Setting up a retail shop in Dubai can be very advantageous and growth-oriented for entrepreneurs and business people. To start a retail shop in Dubai, there...

How to start a foodstuff trading in Dubai

How to start a foodstuff trading in Dubai

The foodstuff trading business is growing drastically in Dubai. If you are planning to start this business in Dubai then you have made the right decision, due to its immense potential as most of the food supplies in the UAE are exported imported, packed and...

How to start an industrial company in Dubai:

How to start an industrial company in Dubai:

To set up an industrial company in Dubai it requires various documentation procedures to be followed and is a tedious process. Industrial licenses are issued to the organizations that convert natural resources to finished goods. If you are planning to start an...

Steps to start a business in the UAE

Steps to start a business in the UAE

Dubai holds the first position in the business professional list. Due to its tax-free norms and ease of doing business, it attracts international investors dealing in any business industry. To start a business in Dubai is one of the perfect options for entrepreneurs...

How to find a local UAE Sponsor?

How to find a local UAE Sponsor?

Local Sponsor in UAE refers to local service agents and nominee shareholders in mainland companies with foreign investments. It is mandatory that a sponsor has to be a UAE national. A local sponsor in the UAE acts as a sleeping partner in your business who has to own...

Subscribe to Our Newsletter

We’ll keep you updated on the latest trends and news

Request a call back

Would you like to speak to one of our business advisers over the phone?  Just submit your details and we’ll be in touch shortly. You can also email us if you would prefer.

1407, Mai Tower, Al Nahda, Dubai
United Arab Emirates, P.O.Box 19845
+971 58 982 7842
+971 4 229 7508
info@mszconsultancy.com

WhatsApp WhatsApp us