Steps for Incorporating DED License in Dubai

Steps for Incorporating DED License in dubai Get a Consultation today!

SHURAA INDIA

Steps for Incorporating DED License in dubai

The Department of Economic Development is the backbone of commercial, professional, and industrial businesses in Dubai. The DED professional license in Dubai is a one-stop solution for business aspirants looking to offer their services in the UAE. You can offer financial consultancy, legal advisory, healthcare services, or open a beauty salon, printing firm, etc.

The process to secure a professional license from the DED is straightforward if you have apt knowledge about the procedure. However, you don’t have to worry about any of it when you get in touch with the legal advisors at Shuraa India. We handle all the legalities and take care of the paperwork so you can focus on other growth-related activities.

What is a DED License?

The DED license is your legal permit to carry out all the business activities

mentioned in the license. The license is issued directly by the Department of Economic Development post successful evaluation of your application.

You can apply for a commercial license or a DED professional license in Dubai

based on your business requirements. However, you don’t need to worry about the type of license or the steps to obtain if you collaborate with Shuraa India.

We help you secure your desired license by doing all the heavy lifting for you.

How to Secure a DED Professional License in the UAE?

1. Determine the type of legal entity 2. Choose a trade name

3. Hire a Local Service Agent

4. Apply for a business license 5. Open a Bank Account

What is the Cost of a DED License?

The cost of the DED license depends on your business activities and the region of company formation. A DED professional license in Dubai costs around AED 7,000 to AED 15,000. This includes the fees paid for the DED license, trade name, administrative services, and many more.

The cost of a commercial DED license in Dubai is more since you need approval for more business activities.

Moreover, the number of visa applications also differs in these licenses. Therefore, you can expect anything between AED 11,000 to AED 35,000 for DED Dubai company formation. The best part is that you can enjoy complete business ownership with both these licenses.

How to Renew DED License in the UAE? Business owners must renew their DED license in

UAE from time to time to maintain its validity. The UAE’s government has the authority to penalize your business or blacklist your company if you’re

caught having an invalid license. Trade license renewal is a straightforward process.

All you need to do is renew your tenancy contract,

fill the BR/1 form, and submit these alongside a copy of your old license. You’ll get the license

renewal for one year after which you’ll need to repeat the same process.

Benefits of DED Dubai Company Formation Access to the Local Market: the best part about having

a DED Dubai company formation is the access to Dubai’s local market. You can trade freely within Dubai and across the UAE when you have the DED license.

100% Ownership: the best part about launching your business in Dubai is 100% foreign ownership. Be it in the

mainland or any of the free zones – all you need is the assistance of an LSA. He’ll help you procure the business license without any legal participation in your venture.

Diverse Business Opportunities: the DED maintains a list of more than 2,000 permissible business activities that you can carry out in Dubai. You’re free to choose the ones you wish to carry out in the UAE. Moreover, you can also obtain external approvals for activities not mentioned in your license.

What Paperwork Goes Into Obtaining a DED License in Dubai?

Duly filled license application form Passport copy of the shareholders Entry stamp or visa page Passport size photograph as per the protocols

(size, background color, etc.)

Initial approval receipt and documents submitted previously External approval certificates (if any) Emirates ID of your local service agent (LSA) Consent from the Municipality and the Road and Transport Authority (if applicable)

Time to Apply for your DED License!

A DED license empowers you to establish, sustain, and expand your business venture in

Dubai. The best part is that you’re always in

direct contact with the department that removes any scope of miscommunication.

All you need to do now is connect with the

business consultants at Shuraa India to launch your venture in the Emirates. We provide

cost-effective

business

setup

services to help you form your dream company in Dubai.

OUR STORY SHURAA – THE PIONEERS OF BUSINESS SETUP SERVICES IN THE UAE Shuraa Business Setup was founded by Mr Saeed Khalifa Mohammed Al

Fuquei in the year 2001. The organization was initiated with an agenda to

help individuals start a business in Dubai or any other emirates. For the past 20 years, we have registered over 35,000 companies in the UAE.Shuraa Business Setup helps with crucial paperwork and other governmental

permissions which is important while setting up a business in Dubai. We

share years of acquaintance with the government officials and regulatory authorities, that makes business setup easier.

REACH OUT

MAILING ADDRESS 108, Square One, Saket New Delhi - 110017

EMAIL ADDRESS info@shuraa.in

PHONE NUMBER +91-8010990022