Obtaining a trade license in Dubai is essential to start any business whether you are thinking to start an offshore company or set up a free zone company in UAE. The procedure for obtaining a trade license can be challenging, particularly for foreign investors because of their lack of familiarity with the legal procedures to start a company in UAE. However, the help of business set up consultant can go a long way in making the process of obtaining a trade license easy and stress-free. Dubai Economic Department (DED) is the ultimate body in Dubai that issues trade license to a company in a specific business niche as per the requirements of a business and preference of the investors.
Investors are allowed to select a specific type of business niche from a number of available options to start their company and apply for a trade license. Here are the three types of trade licenses in Dubai, under which all of the business activities can be performed:
Some special types of license other than the above-mentioned three types can also be issued by the authorities as per the specific requirements of a business such as Entrepreneurial Business License or Business Operation Permit.
Obtaining a trade license is important to validate the legal identity of your business in the UAE. There are certain requirements that investors must meet to obtain a trade license in Dubai.
Here is the step-by-step procedure to obtain a trade license in Dubai:
The trade license cost and requirements can vary depending on the specific type of company, nature of business and business activities involved. The approximate Dubai LLC trade license and renewal starting costs are as mentioned below.
|Business license type||Trade license fees (AED)||Renewal fees (AED)|