How to get your industrial trade license in 2021

 Industrial trade license in UAE 





When you are planning to start a business in Dubai, UAE, the first and most important thing that comes in our mind is how to obtain an industrial license in Dubai. There are different aspectss of taking the proper licenses for your organization. We have to choose the right license from different types. The type of license will depend upon your nature of the company and its entities and obtaining a license is not a difficult task and it is required for the smooth functioning and maintenance of our industries whether it is a free zone, mainland or offshore domains.

Mainly there are 3 types of trade licenses that are common in the UAE. Professional services are needed for marketing and consultancy services. Commercial licenses are for trading purposes or import and export areas. The last one is the industrial trade license for the manufacturing sector that undertakes industrial initiative in UAE. Let's discuss the important facts related to industrial trade licenses in Dubai.

                    As we discuss,if we intend to take industrial activities, we need an industrial trade license in Dubai. There will be a lot of ideas behind the formation or modifying of a small business. You must have prior knowledge and clear definitions of your company at the formation stage itself. The permitted and legal activities you would have to undergo and the overall infrastructure of your company.

Requirements to obtain an industrial trade license in Dubai

Essentially, there are several requirements to get an industrial license for an individual or manufacturing company that is registered in the UAE. The industries functioning in manufacturing and processing any raw material into finished products need to be registered under DED, Department of Economic Development Dubai. One of the most important things you should have physical premises, ie mandatory for the DED team and they violate the virtual offices and you should also obtain a local business license from the area in which your business operates.

In Dubai, the minimum financial capital requirement is AED 250,000. Industries seeking a license for a mainland need a local sponsor owing 51% shares in Dubai and foreign investors are entitled to hold the remaining. And if you going to set up a free zone, there is an option for retaining 100% shares. And physical warehouse for the industry is mandatory for acquiring license

Before applying for the license for our industry, it is highly recommended to consult a legal expert specialist in company formation where you can trust and manage your entire license process on your behalf. They will not reduce our overhead but also validate our trade licensing applications.

Applying for an industrial license in Dubai

Having an expert company formation specialist in our hands, we can easily take care of the process of applying for our license in a few more steps. Getting approvals from relevant authorities is the main task of applying. You will need some additional approvals from the chamber of commerce and industry in Dubai. Our company formation specialist will obtain these approvals for our company. Submitting the application form with necessary documents is a crucial part. You can apply and make your UAE visa application at the same time as applying for the trade license.

Renewal of industrial trade license in UAE

Application for industrial license renewal is done by the Department of Economic development itself. You can submit your renewal application directly or online. Every business setup in Dubai has a valid tenancy contract for renewing their trade license. The license cannot be renewed if it does not have a valid period of at least one month. You will get your renewal license after you have done the payment procedures.









Comments

  1. Agapiya Olga2 February 2022 at 17:04

    When I was applying for a loan to purchase my building as a small business owner in a tough situation, conventional banks said they could not help me. Mr Pedro, a loan officer, sat down with me, heard my situation and decided that I was worth taking a chance on. Here we are 3 years later and I have just renewed my loan for another 7 years. I couldn’t have purchased my building without the help of Mr Pedro and will be forever indebted to them for giving me a chance when no one else would."
    I will recommend you to contact a loan officer Mr Pedro on the information below if you need any financial assistance.
    Email & Chat: +1 863 231 0632 pedroloanss@gmail.com

    ReplyDelete
  2. Business Setup Consultants Dubai13 March 2022 at 21:17

    Great post. Appreciate your thoughts. Keep it up... IFZA free zone Dubai

    ReplyDelete
  3. Alchemist Corporate Services21 December 2023 at 00:55

    Thanks for sharing the great information and looking forward to reading more Business setup in Dubai | Business setup in Ifza Free Zone

    ReplyDelete

Post a Comment

Popular posts from this blog

What Does Summer Mean for Your Skin?

Image
As the climate gets hotter and moistness expansions in the climate, your skin's sebaceous organs begin creating overabundance sebum (normal oil). The oil emitted stalls out on the outside of the skin, prompting tenacity, oil and hindered pores.  Skin inflammation breakouts [1] are the most widely recognized issue that happen in summer. Individuals with slick skin are more inclined to it as the microscopic organisms and oils in the skin blend in with the perspiration causing stopped up pores and skin break out.  At the point when your skin is presented to the hurtful UV beams, melanin [2] creation expansions to shield your skin from sun harm. Melanin has photoprotective characteristics. Abundance melanin brings about more obscure, tanned skin. Different issues can incorporate irritated skin, thorny warmth, burn from the sun and rash because of affectability to the sun.  How to Take Care of Your Skin in Summer?   Face Wash to Remove Excess Oil  In summer, sle...
Read more

Thing to know before applying for certificate of orgin in Dubai

Importance of certificate of origin in Dubai? The certificate of origin(CO) is essential for commercial invoices and it has to shipped to the providers to get the privileges of international trade from the UAE. This certificate is helpful for reducing product shipping prices or manufacturing of products bound for exports and provides preferential treatments of import. To prohibit international entry of unauthorized goods helps in the regulation of trades. Free trade and trade relations between export and import companies are added advantages. Business setup in Dubai must complete the process of getting a certificate from the government authorities. This compulsory document is issued by the chamber of commerce in Dubai. Certificate of origin will be beneficial to obtain preferential duty treatment which is recognized by a free trade agreement.GCC customs unions, European free trade, GCC Singapore are the recent trade agreement of UAE. Those who wish for  company formation in Dubai ...
Read more

what all things you should know about starting car rental business in Dubai

Car Rental Business  The fascination for different types of minivans, bus, car Rentals among corporates and people is that it comes at a free maintenance package. Additionally, there are no yearly installments for vehicle restorations or protection.  All the overheads are totally dealt with by the specialist organization and everything comes at moderately low regularly scheduled payments. It is practical for organizations to utilize vehicle rentals administrations for their workers and business travel purposes.  Likewise, there is a developing interest for vehicle rental armadas from the friendliness area for shipping visitors and for orchestrating individual visits, air terminal picks and drop, and so forth. To extend the Car Rental Business effectively by adding more branches across the UAE and handle huge armada activities, the territory of Dubai is the ideal business ward to begin.  The Car Rental organization can pick its armada to take into account the wide cro...
Read more