How Can I Get a General Trading License in Dubai?
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S H U R A A I N D I A General Trading License
Dubai Are you planning to start trading in Dubai? If yes, you must apply for a general trading license in Dubai. A general trade license is required as part of the UAE business formation procedure; therefore, securing it is oneofthefirstthingsanentrepreneurneedstodo. A company with a general trading license in Dubai is permitted to export, import, or trade all items other than those that are controlled and must adhere to health and safety regulations, such as pharmaceutical products and weapons. Because of general trading licenses, new businesses in Dubai can manage their trade activities underasinglelicense.
What Does a General Trading License Mean?
Thanks to its geographical location and prime transportation facilities, Dubai has always been the ideal location for traders, both locally and internationally. All you need to do is apply for a general trade license to start your trading activities in this region. You can get a general trading license for a specific product if you want to target a specific segment. Whereas an entrepreneur with a broad trading license can deal with multiple products. The main advantage of this license is that it can be used to trade a wide range of commodities.
What Advantages Do General Trading Licenses Have in Dubai? IfyouapplyforabusinesslicenseonthemainlandofDubai,youwillbe able to conduct business domestically and internationally, including in freezones. Applying for and obtaining visas for multiple personnel is an added benefit as your trading firm generates revenue and you consider expansion. In the UAE, there are no corporate or individual taxes associated with operating a business. A licensed business owner in the UAE is exempt frompayingincomeorprofittaxes. 1. 2. 3.
What Documents Do You Require for a General Trading License in Dubai? Passportcopies Passportsizephotographs Entryvisaorstamppage All businesses in the UAE must follow the documentation specifications established by the regulatory bodies. Some of the paperwork you’ll need to submit with your application for a generaltradinglicense:
OUR STORY SHURAA – THE PIONEERS OF BUSINESS SETUP SERVICES IN THE UAE ShuraaBusinessSetupwasfoundedbyMrSaeedKhalifaMohammedAl Fuqueiintheyear2001.Theorganizationwasinitiatedwithanagendato helpindividualsstartabusinessinDubaioranyotheremirates.Forthepast 20years,wehaveregisteredover35,000companiesintheUAE.Shuraa BusinessSetuphelpswithcrucialpaperworkandothergovernmental permissionswhichisimportantwhilesettingupabusinessinDubai.We shareyearsofacquaintancewiththegovernmentofficialsandregulatory authorities,thatmakesbusinesssetupeasier.
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