Secure BusinessTrade License in Dubai, UAE and Take Your Business To Success
Type Of Trade License Required To Operate Business In UAE
Coorperate License
A cooperate license allows businesses to indulge in trading activities involving goods and services. Common activities under this license include retail, wholesale trade, logistics, and real estate brokerage
Professional License
Professional License allows individuals and companies to offer services based on professional expertise or skills such as consulting, legal services, medical practices
Freezone License
Businesses with a Free Zone Trade License are typically restricted to conducting operations within the Free Zone or internationally; they must partner with a local distributor to sell directly in the UAE market.
Essential Requirements for Trade license UAE online
Identify Your Business Activity
- Determine the specific trade or business you intend to operate.
Choose Your Business Structure
2. Select an appropriate legal structure (e.g., sole proprietorship, LLC).
Prepare Required Documents
3. Gather necessary documents such as passport copies, residency visas, and a business plan.
Submit Application
4. Complete the application form and submit it to the relevant authority (e.g., Department of Economic Development).
Pay Fees
5. Pay the applicable fees associated with your application.
Receive Approval
6. After verification, you will receive your trade license.
Dubai Business License Cost
The cost of obtaining a UAE Trade license online based on several factors, including the type of business activity and location. Additional costs may include registration fees, local sponsorship fees (for foreign investors), and renewal fees.
FAQs
Operating without a trade license can lead to significant penalties, including fines, legal action, and potential closure of your business. It is crucial to obtain the necessary licenses before commencing operations.
Yes, foreigners can apply for a trade license; however, they may need a local sponsor depending on the chosen business structure.
A trade license is typically valid for one year and must be renewed annually to maintain compliance with local regulations.
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