Cheapest Trading license in Dubai, UAE

After setting up a company in Dubai, the next most important step is obtaining a Dubai trade License. This designates the business to carry out activities all across UAE. It is the Department of Economic Development (DED) in Dubai, who issues the trade license in Dubai. Emirates business setup services offer DED trade license service in UAE. The UAE government's initiative to encourage the growth of business setup in Dubai has surged. This gives opportunities to many new startups and entrepreneurs to set up their businesses in Dubai.

In Dubai, trading license is also known as the general trade license and the permit allowed in this can be used for the business activities like import and export of goods, out various types of commercial activities, such as the sale of goods and services in Dubai, companies registered in Dubai Free Zones, professionals serving within a specific industry.

Types of Trade license in Dubai

Four main licenses are issued in Dubai and the investors can apply any of them as per the nature of the activity. They are listed as follows:

Professional License:

The professionals offering service with specific jobs require professional licenses to carry out their activities in Dubai.

Commercial License

For all types of trading work being carried out in Dubai, Trade or Commercial license is required.

Industrial License

An industrial license is required for either any manufacturing or industrial work.

General Trade License

This type of business license is required for exports, trades, and imports.

General Trade License Dubai

Steps to get a trade license in Dubai, UAE

Getting a trade license in Dubai can be called simple if followed by the legal formalities of the respective government authorities systematically. Some of the significant steps involved to get a trading license in Dubai are as follows:

Request for approval at the DED

• Determine the category of activity as business / professional/commercial or industry.
• Preparation of business legal status in UAE.
• Get the necessary approvals from the respective government authorities.
• Fix a name for the company
• To obtain a general trade license in Dubai, business premises should be leased and the correct consent from the authority needs to be obtained.
• Finally, collect the required documents like memorandum of association
• The business setup consultants at Emirates First in Dubai can offer you the best assistance in applying for a Dubai general trade license that best suits the nature of your activities.

Certified consultants at Emirates First are experts in the renewal of trade license service in UAE.