What Types of Trade Licenses are Offered in Dubai to Start a New Business?
A trade license is needed in the UAE to set up and conduct business. The process of obtaining a trade license differs from one emirate to the next and is handled by the UAE Economic Department. In the United Arab Emirates, there are three primary categories of licenses: commercial, industrial, and professional. However, in addition, the government also issues a variety of other Licenses that are specific to different categories of activities.
Every investor requires a distinct trade license to form a new company in Dubai depending on the type of business activities they want to operate. Also, the fee of a Dubai trade license varies depending on the type of trade license being applied for new company formation in the UAE. There are three primary categories of trade licenses: industrial, professional, and commercial trade licenses in Dubai for new business setups. However, there are more permits and licensing options available depending on the type of business operation.
Obtaining a trade license is among the most important components of company establishment in Dubai. It is not at all difficult to obtain a trade license in Dubai with the proactive help and guidance of qualified business consulting services like Socialite Consultancy Services. Read on to learn more about trade licenses in Dubai:
Professional
License
Professional licenses are granted in Dubai to those who fulfill the relevant academic, intellectual and professional proficiency standards. One can apply for a professional license in Dubai, for example, if one provides IT services, or if one is a professional, an artist, or a craftsman. In the event that there are numerous owners, the business entity may alternatively be established as a Civil Works Company.
Commercial Trade License
UAE grants commercial trade licenses in Dubai to investors and entities involved in the buying and selling of goods. With the aid of a commercial trade license, businesses are permitted to conduct trading operations both inside and outside of the UAE. Depending on the sort of business operation, there are numerous commercial license classifications available in Dubai.
Dubai offers a wide variety of commercial trade license types for the trade of specific goods including computers, cars, equipment, and building supplies. The investor must choose a specific business license in Dubai while registering the business with the necessary free zones, whether on the offshore or mainland.