Things to remember while taking commercial trade license in UAE


commercial trade license in UAE

A commercial trade license is one of the most accepted business permits in UAE to help in engaging trade activities. There are different types of commercial activities performed by foreign individuals in the UAE. After registering their company and deciding trade name in the department of company incorporation Dubai, they should sign the valid document proof for further moving. You have to submit documents to the UAE and the ministry of the UAE economy for issuing the commercial license The company can choose its own special license based on the primary activities. Professional licenses and industrial licenses are other options for business permits in setting up a business in Dubai by foreign investors and residents of Dubai. The list of activities that comes under commercial license are mentioned below and one thing to keep in mind is binary activities along with the primary cannot have more than 10 licenses.

  • Real estate
  • Export-import 
  • DED services in Dubai for supply of brokerage
  • construction units
  • Shops and small stores
  • travel and tourism
  • vehicle rental services
  • logistics
  • Electronics shops
As everyone knows, Dubai is strictly being in a geographic location for doing different kinds of business activities and trade relations among the other emirates. It is much beneficial for a businessman if you having a proper trading business in Dubai for trading activities or buying and selling of goods from concerned authorities.
All companies functioning in UAE must apply for any of these licenses available. Commercial trade license  Dubai is a common type no matter the special economic zone in which the company is registered. If you are interested, then our local specialists will assist in setting one up in Dubai mainland companies and its free zones.

Steps to obtain a commercial license in Dubai
  • Select the type of business and the primary and tertiary activities that matches the commercial license
  • Drafting memorandum and articles of association of the company
  • Company registration with the Economic Development department Dubai
  • Obtaining the corresponding VAT Number.
  • pay the fees related to registering company and commercial license issuance

Commercial trade license renewal in UAE

The validity of a commercial trade license is one year from the date it was issued. Once you renew your license, has a four-year validity. Following, documents should be submitted
  • copy of  trade license
  • copy of office space least contract form
  • Employee details for business with a foreign shareholder
Benefits of Commercial trade license in Dubai

A commercial trade license serves as both protection and security in import and export trade activities.
Business setup in Dubai related to construction,  real estate , education can avail license and operates in the concerned region.
  • Easy procedures for residence visas for employees and company management.
  • Multiple options for registering the company
  • DED allows reliable business engagement 
  • We can easily get approvals for branch openings
  • cost-effective options for trade license renewal






 

 


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