Here’s everything you need to know about the different types of Business Licenses in Dubai:
Dubai is one of the major attractive regions for setting up a business, the reason being it is very welcoming and supporting business environment. Dubai is the main business hub for the Arabs and draws huge investments every year, driving the overall economy. There are different types of Business licenses in Dubai. In fact, there are various benefits to set up a business in Dubai:
- Vibrant Economy
- Low Tax
- Standard of living
- Startup Support
In order to set up a business in Dubai the first and the most important point to be considered is to obtain a license. Be it any type of company formation, Business licensing in Dubai is a must. Since a license validates your company as a legal entity and defines you and your business enterprise.
Here is the complete guide on the various types of Licenses in Dubai for starting any business:
1. Commercial License:
The commercial License in Dubai is easiest to get compared to other business licenses. It is for companies dealing with general trading or a specialized trading activity. The activities that fall under commercial licenses in Dubai are – Import and export activities, sale of electronic products, real estate service, logistics, travel & tourism, etc.
2. Industrial License:
Companies dealing in manufacturing, producing, fabricating, or indulged in any other special activity, needs to get an Industrial License. Organizations that convert natural resources into finished products have to apply for an Industrial Trade license.
3. Professional License:
For service-based companies like craftsmen, artisans, and professionals need to apply for a Professional License. Accountants, auditors, consulting services, printing and publishing, healthcare services, etc, require a professional license in Dubai.
4. Tourism License:
Companies involved in Travel Tourism and healthcare have to apply for a Tourism License in Dubai. If you are opening a restaurant, hotel or even rent a car companies then you need to apply for a Tourism License.
One must clearly define all the business activities they wish to undertake under the main license. To know how to apply for a trade license, Visit our website or call us at +971589827842