A trade license, an official document that qualifies a business to set up and run successfully. Obtaining a trade license is one of the most significant aspects of setting up a company in Dubai or the UAE. With proactive advice and guidance from experienced Company License Consultants on obtaining a Business License in Dubai, UAE, the process will be easy and hassle-free.
Let’s look at the different types of business licenses you must know to set up your business in the UAE.
Dubai Mainland License, UAE
Dubai Mainland License, also known as an onshore license, permits businesses to conduct business freely within the UAE and globally. The UAE Department of Economic Development (DED) is responsible for issuing these permits. A local sponsor is no more required to obtain a Dubai mainland license as of June 2021. The Dubai Economic Department (DED) has categorized all commercial activities into three categories: – Commercial License, Professional License, and Industrial License.
We at Alghaf Golden offer business consultancy to acquire a Dubai mainland license and establish a business setup in one of the UAE’s most sought-after areas. Our Business license services in Dubai, UAE aim to help companies save time and money when applying for a Dubai trade license.
Freezone License, UAE
The paper necessary to do business in the free zone is a free zone license. The establishment of any company in Dubai Freezone makes it compulsory to acquire a proper license. A license is granted based on the company’s specific commercial activity. As a result of building new free zone territories, the overall number of free zones will increase in the future years.
Free zone permits allow businesses of all sizes to benefit from various advantages while operating in Dubai. They also enable enterprises with a national or worldwide presence to open a new branch or relocate their activities entirely. When your company gets accepted for a Freezone business, the Free Zone Authority issues it one of the Dubai Freezone license, such as a Trade License, an Industrial License or any other business trade licenses.
As long as the leasing agreement exists, these freezone permits in Dubai have to be extended annually. To get a free zone license, you must first decide what kind of business you wish to start. After you’ve found your business, you’ll be able to apply for the license that best meets your needs.
Offshore Company Formation in Dubai, UAE
An offshore company formation in Dubai is a commercial entity that operates outside its country of origin or initial registration. Offshore company establishment allows an entrepreneur to hold 100 percent of the shareholding in the UAE and conduct a profitable business. Individual professionals and corporations can benefit from the entitlement of an offshore corporation.
The license issue procedure is not eligible for offshore company formation in the UAE, unlike mainland and free zone business formation. Instead, the authorities provide an Incorporation Certificate. Also, international laws apply to companies trading internationally.
If you are new to the business, consider hiring an expert. Their expertise, experience, and competence will guide you through the incorporation requirements. In return, your incorporation will achieve your business’s goal.
Get your Trade License with Alghaf Golden
Are you ready to trade a license in Dubai? Talk to us at Alghaf Golden? Our skilled team offering business licensing services in Dubai, UAE, aids you in acquiring any license in the UAE for your commercial, industrial, professional, or offshore firm in the Mainland, Freezone, and Offshore domains. We play a significant role in the formation and growth of businesses all over the country for licensing services. Our professional and expert team will assist you in obtaining the necessary licenses to ensure the best possible results.