How do I get a business license in Dubai?

How do I get a business license in Dubai Foreign investors starting any type of business in Dubai must pay attention to the requirements of the Companies Law which stipulates all the steps one must complete in order to set up and operate a company. One should also pay attention to the business license they need to operate, as this reflects the operations carried out by the company.

 

How do I get a business license in Dubai?

 

What is a Dubai trade license?

Obtaininga business license is perhaps the most important part afterestablishing the company in Dubai . The most commonly used type of business permit is the commercial licence, which specifies most activities that can be carried out throughout the UAE. The commercial license is issued by the Department of Economic Development (DED) in Dubai.

This work permit can be used for the following activities:

  • Import and export of goods, usually required by trading companies registered in Dubai.
  • To carry out different types of business activities, such as selling goods and services in Dubai.
  • A general commercial license can also be obtained by companies registered in free zones in Dubai.
  • A business license can also be obtained by professionals who provide services in a specific industry.

 

How to get a business license in Dubai?

In order to obtain a business license, the company establishment documents must stipulate the company’s activity, which must be related to the field of trade. It is also important to note that most activities in Dubai can be completed under a general business license. In order to obtain a business license for an individual company in Dubai, one must first choose a trade name, prepare a memorandum and articles of association, and then submit it to the Department of Economic Development for initial approval.

One must also have a rental agreement as proof of the registered address of the Dubai company. Then an application for a commercial license can be submitted.

 

Professional business license in Dubai

A professional business license is a special work permit and is usually issued in one of the following industries:

  • Accounting and Finance.
  • Information technology management.
  • health care. education.
  • Advertising and marketing.

A professional business license comes with many advantages, one of which is the fact that it can be obtained by sole proprietors in Dubai. It also grants the right to full foreign ownership when acquired by a sole trader.

It should be noted, however, that a foreign national applying for a business license must first become a resident of Dubai in order to obtain full foreign ownership of the sole proprietorship.

 

Commercial license in the free zone

In Dubai, the requirements applicable to businesses opening on mainland Dubai also apply to those establishing companies in free zones in the city state and seeking a general or professional business licence. The trade licence, when applied for in Dubai Free Zone, will be issued by the relevant free zone authority. The peculiarity of a trade license issued to a free zone company is that it can only be used to complete business or commercial activities in the free zone in question.

 

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