Establish Your Business With a Corporate Trade License in Dubai, UAE
Benefits of a UAE Corporate License
Obtaining a UAE trade license offers numerous advantages for businesses looking to establish themselves in the UAE. Here are some key benefits:
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Access to Markets
With a valid trade license, businesses can perfrom in various commercial activities, expanding their market reach.
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Banking Facilities
A trade license is often required to open a corporate bank account, facilitating financial transactions.
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Employment Opportunities
Holding a trade license allows you to sponsor employees and obtain necessary work visas.
Corporate License In UAE Requirements
Choose Your Business Activity
Define the type of business you want to establish. This will determine the type of trade license required.
Select a Business Structure
2.Decide on the legal structure of your business (e.g., sole proprietorship, LLC).
Register Your Trade Name
3. Choose and register your trade name with the Department of Economic Development (DED).
Prepare Required Documents
4. Gather necessary documents such as:
- Copy of passport
- Lease agreement
- No Objection Certificate (if applicable)
Submit Application
5. Submit your application along with the required documents to the DED.
Receive Approval and Pay Fees
6. Once your application is approved, pay the necessary fees to obtain your trade license.
UAE Corporate License Cost
The cost of getting a corporate license in Dubai, UAE depends on several factors, including business activity and location. This includes:
- DED registration fees
- Trade name reservation fees
- Additional costs for specific activities or approvals
Renew Your Dubai Corporate License
Check Tenancy Contract Validity
Ensure that your tenancy contract is valid for at least one month before applying for renewal.
Gather Required Documents
Ejari registration certificate Copy of the old trade license Completed BR/1 form Photocopies of all partners' passports
Submit Renewal Application
File your application with the DED with all required documents.
Receive Payment Voucher
After processing your application, you will receive a payment voucher indicating renewal fees.
Make Payment
Complete the payment process as per the voucher instructions.
FAQs
A Dubai trade license allows you to perform activities based on its type:
- Commercial License: Trading goods and services.
- Professional License: Offering professional services (e.g., consulting).
- Industrial License: Manufacturing activities. Choose the right license for your business.
It typically takes 1 to 3 weeks to obtain a trade license, depending on document readiness and approvals. If everything is in order, you can receive your license quickly.
Failing to renew your trade license on time can result in penalties, fines, or suspension of business activities. It's important to track renewal dates to avoid legal issues.
Get in Touch with Easy Gateway
Connect with us and discover how we can help you achieve your goals. Whether you have questions about our services or need assistance with a specific project, our friendly team is here to help.
Phone: +971 56 601 0328
Email: support@easygateway.ae
Our dedicated team is available 24/7 to provide prompt, professional support. Contact us today, and let us help you achieve your property goals in Dubai!