The most important step to business setup in Dubai is applying for your business license. Your license is what makes your business legal, so you won’t be able to get your company setup without it.
The process is quick and easy. We mean it! In about as little as five days, you can have your trade license in Dubai. Let MSZ Consultancy help you through the process to make sure you don’t have any delays.
A business license is an important document issued by the Department of Economic Development in the UAE, which allows the specific activities a company can perform. A general trading license permits the import and export of goods and other commercial activities. Moreover, a Dubai trade license is available for companies operating within Dubai Free Zone and professionals providing industry-specific services. The Department of Economic Development issues every trade license.
The Department of Economic Development is the office that will issue business licenses in Dubai. You will have to decide on what your business activity is and apply for the appropriate license.
Here are four of the most popular business license types that are available in the UAE.
This license is mainly for trading and other commercial activities. This is the best choice for a license if you have a trading company and want to sell your products inside Dubai and UAE. It’s also required for setting up a trading company in the Free Zones.
Some companies that need a commercial license are:
A professional license is given to someone that provides services. With this license, it can only be a single person, if more than one person is involved in the company, then this is considered a civil corporation. This includes:
This license is mostly used for manufacturing companies and large industries that are involved in transforming natural materials into the final product. With this license, a company can produce, accumulate, and manufacture raw or semi-manufactured materials. This includes:
In order to start a travel and tourism business in Dubai, you will need a tourism license. There are actually three types of tourism licenses available in Dubai:
With this license, you can organize inbound tourist trips for visitors.
This license allows the operator to organize inbound trips, including global conferences and exhibitions.
This allows the license holder to sell plane tickets outside the country.
The DED is responsible for issuing a business license in Dubai. Here are the steps you’ll have to take:
After you pay your fees, you’ll get your license within a week.
There are so many advantages to getting a trade license in Abu Dhabi, Dubai, Sharjah, and any of the emirates in the UAE. One of the main things that attract entrepreneurs to the country is the opportunities that are there for growth and international recognition.
Here are some other benefits for getting a trade license in the UAE:
If you can’t wait to get your business setup, we have good news! It’s possible for you to get your license in about five minutes. All you have to do is apply for the instant license through the DED’s e-service portal, happiness lounge, service centers, and smart lounges. This option is quick and doesn’t require as many approvals. However, this license will be limited to the business setup in Dubai.
If you plan on running your business from home, there’s an option for that too, it’s an E-trader license. This license is only for home-based businesses, and you will have 100% ownership of the company.
Here are the steps to take to apply for an E-trader license:
A business license in Dubai is only valid for one year. You’ll have to make sure you stay on top of renewals, so your business activities are not banned, and you don’t get hit with a penalty fee.
Here’s the process you have to go through with the DED to get your license renewed:
The price for a trade license varies depending on the business activity and the requirements that are involved. So, we can’t get you a concrete cost, but we can give you an estimate of what you can expect.
The trade license fee starts around AED 12,000. You’ll also have to pay an activity fee, which can range from AED 150 to 500.
If you have any questions about trade license Dubai fees, contact MSZ Consultancy at +971 52 544 1248 for a quote.
Do you want to start your business in the UAE? What are you waiting for? Apply for your trade license today! The process is quick and easy, and with MSZ Consultancy on your side, we will make sure there aren’t any roadblocks standing in the way. Contact us today at +971 52 544 1248 for a FREE consultation.
We help you with everything you need to properly form your company and get it registered for business in the UAE. We also provide financial and legal advice, so you have all the tools you need for a successful business setup.
We have an expert staff of consultants, lawyers, and PRO executives. We will help register your company for business, but that’s not all. We can even help with paperwork, legal advice, and financial expertise.
We truly care about our customers and will work our hardest to provide the exact services that you need. We are easily approachable, we constantly look for innovative strategies, and we have the best quality services that will meet all your needs.
A General Trading License, also known as a Commercial License or Business License, is the most commonly used and applied trade license in the UAE. It allows for commercial and trade activities in Dubai and throughout the UAE, activities such as importing and exporting products and goods, as well as commodities trading. Companies operating in Dubai Free Zone can benefit from the regulation and protection provided by this license. If you need help with which license is best for your business, it’s best that you consult a business setup specialist at MSZ Consultancy.
No. You can use one single Dubai trade license for different products.
Yes. Even if you’re setting up an office branch in Dubai, you will need to register for a trade license.
It depends. A business license is only good for certain business activities. There’s a chance that you may need another license. MSZ Consultancy can help you figure out which business licenses are right for your business.
Yes, foreign investors are allowed to get a trade license if they register a company in Dubai.
Yes, a company is allowed to change its business license.
No, after the steps are followed, and the paperwork is approved, then you’ll be issued your trade license. MSZ Consultancy can help you through the process to make it even easier.
Companies that import and export items like textiles, furniture, food, electronics, etc., will need a general trading license.
It usually takes five working days.
A specialist can help you handle all the legal formalities to get your trade license.