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Types of commercial licenses in Dubai and their issuance costs

Types of commercial licenses in Dubai and their issuance costs

١٢ مارس Types of commercial licenses in Dubai and their issuance costs

Types of commercial licenses in Dubai and their issuance costs, Dubai is considered one of the leading commercial destinations in the world, offering an ideal and diverse investment environment for entrepreneurs and investors. With the growth of the local economy and Dubai’s openness to various global markets, establishing companies in the emirate has become attractive for investors seeking to take advantage of the available business opportunities. One of the essential factors for starting a business in Dubai is obtaining the appropriate commercial license, which is an official permit to conduct commercial activities in the city. There are many types of commercial licenses in Dubai , as they provide a variety of options that suit different commercial, industrial and service sectors, which contributes to facilitating the process of establishing companies and expanding the scope of businesses.

Business licenses in Dubai include several main types that suit different economic activities, such as commercial license, professional license, industrial license, and tourism license. The type of license is determined based on the activity that the company wishes to practice, whether in the field of trade, services, manufacturing, or tourism. In order to obtain the appropriate business license, investors must determine the type of activity and organizational structure of the company in addition to meeting the requirements and procedures necessary to obtain official approvals.

The cost of issuing a commercial license in Dubai varies based on several factors, such as the type of license and the area in which the company is established, whether in the mainland or free zones. Itqan is one of the most prominent consulting companies that helps investors choose the appropriate commercial license and provide the necessary support at all stages of establishing a company, starting from legal procedures to completing all administrative and financial requirements. This support contributes to facilitating and accelerating the process of issuing a commercial license and establishing a business in Dubai, making the city one of the best destinations for global investment.

Types of commercial licenses in Dubai and their issuance costs
Types of commercial licenses in Dubai and their issuance costs

Documents required to obtain a commercial license

Dubai is one of the world’s leading business and trade destinations, offering a stimulating investment environment for companies and entrepreneurs from all over the world. Setting up a business in Dubai requires obtaining the appropriate trade license, which is the official authorization to legally conduct business activities in the emirate. Whether you are looking to establish a company in the free zones or on the mainland, there are specific procedures and documents that must be completed to obtain a trade license. These documents are an essential part of the process, as they aim to ensure that companies comply with local laws and regulations. The type of documents required depends on the type of business activity and the legal form of the company you wish to establish. It is essential to ensure that all necessary documents are submitted correctly to avoid any delays or obstacles during the licensing process. Documents required to obtain a trade license in Dubai :

  • Copy of Passport: All partners and directors of the company need to provide clear copies of their passports as part of the registration requirements.
  • Business Plan: Submit a detailed business plan that outlines the nature of the business and the expected objectives of the project. This is especially important for companies seeking to register in free zones.
  • Trade License Application Form: The trade license application form must be filled out and submitted to the relevant authority in Dubai, such as the Department of Economic Development or the relevant authority in the free zone.
  • Lease Agreement or Office Lease Contract: A commercial office lease contract must be submitted if the company is established in the mainland. In free zones, virtual offices or co-working spaces may be provided.
  • Approval from relevant government authorities: Some commercial activities may require additional approvals from certain regulatory authorities such as the Ministry of Health or the Ministry of Tourism, depending on the type of activity.
  • No Objection Certificate (NOC) for Residents: If a partner or director is employed by another entity in Dubai, they may need to provide a No Objection Certificate (NOC) from their current employer.
  • Determine the company name: The company name must be determined and submitted for approval by the competent authorities to ensure that there is no similarity with the names of other companies.

These documents form the backbone of establishing a company in Dubai , and ensuring that they are fully completed is a necessary step to ensure the process runs smoothly and without complications.

Types of commercial licenses available in Dubai

Dubai is an attractive global investment destination thanks to its stable economic environment and advanced infrastructure. Therefore, many investors and entrepreneurs from all over the world seek to establish their companies in Dubai. One of the essential steps to starting a business in Dubai is obtaining the appropriate trade license. A trade license is the official document that allows companies to legally practice their commercial activities in Dubai, and the type of license varies depending on the nature of the activity the company wishes to practice. Trade licenses in Dubai are divided into several types to meet the needs of a variety of commercial, industrial, and professional sectors. Through these licenses, companies can operate in various fields such as general trade, professional consulting, manufacturing, and tourism, providing companies with great flexibility to choose the license that suits the nature of their business. Types of trade licenses available in Dubai :

  • Commercial License: This license is for companies that deal in commercial activities such as buying and selling, distribution, export and import. The commercial license is one of the most common types of licenses and is used in general commercial activities such as retail stores or commercial companies.
  • Professional License: This license is granted to companies or individuals who practice specialized professions or consulting services such as engineering, legal consulting, or medical services. The professional license allows professionals to provide their services legally, whether as freelancers or within a company.
  • Industrial License: This license is for companies that engage in industrial activities such as manufacturing or production. It is particularly used in factories or companies that produce physical goods or assemble products.
  • Tourism License: This license is for companies operating in the tourism sector such as hotels, travel agencies, and tour operators. Dubai, as a global tourist destination, offers great facilities to companies operating in this field.
  • E-commerce License: Given the rapid growth in the e-commerce sector, Dubai offers a dedicated license for companies that sell online, allowing them to legally conduct their business activities on online platforms.
  • Free License: This license is granted to companies that wish to operate within the free zones in Dubai. These companies enjoy multiple benefits such as tax exemptions and full foreign ownership.

The diversity of these licenses allows companies and investors the flexibility to choose the type that suits the nature of their business and requirements, taking into account the benefits that each license may offer based on the field of activity and geographical location of the company. Dubai provides a flexible regulatory environment that helps promote commercial and economic growth.

Learn about the types of commercial licenses in Dubai

In conclusion, talking about the types of commercial licenses in Dubai and the costs of issuing them, it is clear that Dubai offers a wide range of options that suit different types of commercial, industrial and service activities. Whether you want to establish a commercial company working in the fields of import and export or an industrial company that produces and manufactures goods or even provides specialized professional services, you will find that Dubai provides you with a flexible and integrated work environment that supports the success and expansion of your business. The types of licenses vary between commercial, professional, industrial and tourism licenses, and each of them requires different procedures that suit the nature of the business being established

The costs of issuing a trade license in Dubai vary depending on the type of license and the area in which the company is established, whether in the free zones or on the mainland. Free zones offer many benefits such as tax and customs exemptions, and are the ideal choice for companies that want to focus on international trade. On the other hand, companies seeking to operate within Dubai or provide local services may need to choose to establish their business on the mainland, which can require different procedures and costs

Itqan plays a pivotal role in providing support and guidance to investors and entrepreneurs who wish to establish their companies in Dubai. With its long experience in this field, Itqan provides specialized consultations that help investors choose the most appropriate type of license for their business activity and provide all information related to the costs and procedures required to issue the license. In addition, the company follows up on all administrative and legal details related to the establishment process, which saves time and effort and makes it easier for investors to focus on developing and growing their businesses

By partnering with Itqan, investors can ensure that they obtain the appropriate business license quickly and efficiently, enabling them to start their activities in one of the most attractive cities for investment in the world.

Frequently asked questions about types of commercial licenses in Dubai

What types of business licenses are available in Dubai?

In Dubai, there are several types of business licenses that suit different economic activities, including: Commercial License: for businesses related to trade such as buying, selling, importing and exporting. Professional License: for professional services such as consulting, engineering and education. Industrial License: for activities related to production and manufacturing. Tourism License: for businesses related to tourism such as hotels and travel agencies.

Can foreigners get a trade license in Dubai?

Yes, foreigners can obtain a business license in Dubai whether in the free zones or the mainland. Free zones allow full foreign ownership, while setting up companies in the mainland requires a local partnership or a local service agent.

How long does it take to get a business license in Dubai?

The time period for issuing a commercial license ranges from one to two weeks, depending on the completion of all legal requirements and procedures.

Do business license costs differ between free zones and the mainland?

Yes, costs vary depending on location. Free zones offer business setup packages that include lower costs, while in the mainland costs may be higher due to different legal and administrative requirements.

What documents are required to obtain a commercial license?

Required documents include: a copy of your passport, a business plan, a license application form, and details about the company’s organizational structure.

Are there any additional fees after obtaining the commercial license?

Yes, there may be additional fees such as annual license renewal fees, municipal fees, and commercial office rental fees.

Can I change the type of license after obtaining it?

Yes, the type of commercial license can be modified if the company’s activity changes, but this requires completing certain procedures with the relevant authorities.

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