Here’s everything you need to know about the different types of Business Licenses in DubaiZ
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.
Find out how much it cost you to setup your Dream Business
Other Recent Blogs
Are you wondering if your company needs to register for Value Added Tax? Value Added Tax, or VAT, is one of the most common types of tax around the world. More than 180 countries have implemented this tax, including the UAE. While some countries have raised their tax...
The United Arab Emirates is known around the world for its business-friendly environment. Over the years, the country has put new rules and regulations into place to attract foreign investors, and it has paid off big time! Switzerland, the United Kingdom, India, the...
There’s no doubt that the pandemic has impacted the way that businesses operate. Business owners in Dubai and from all around the world had to change their structure and uncover new opportunities to succeed during the pandemic.
Officials in the UAE are hoping for an explosion of foreign investment, that’s because they’ve revamped their company laws to allow foreign investors to fully own local companies without the need of an Emirati sponsor. This is a huge deal for foreign entrepreneurs!
If you’re thinking of starting a business in Dubai, you can’t go wrong with a travel agency. The tourism industry is booming due to the popular shopping spots, stunning architecture, dining,
If you’re a female entrepreneur, the United Arab Emirates is the place to be. That’s because the country offers greater gender equality than any other country in the region. And women entrepreneurs are noticing because now, more than ever before, women are taking...
Subscribe to Our Newsletter
We’ll keep you updated on the latest trends and news