04 Nov Commercial licenses in Dubai
Commercial licenses in Dubai are numerous to suit the various economic activities in the city, and every investor or entrepreneur who wants to establish a business must obtain a commercial license because it is an essential legal document to operate officially.
Obtaining a commercial license requires several documents and legal steps and choosing the type of license appropriate to the nature of his activity according to the types of commercial licenses in Dubai .
In this article, we discuss the types of commercial licenses in Dubai and the method of obtaining a commercial license in simple steps in accordance with the regulations and laws in the city of Dubai in the United Arab Emirates, in addition to the cost of issuing a commercial license.
Commercial licenses in Dubai
The type of commercial license is related to the type of activity, for example, if the activity is commercial, it is necessary to obtain a commercial license, and so on. If the license has more than one activity, the largest activity is taken. In this case, it is mentioned that the industrial activity is the largest, then the commercial activity, then the professional activity.
There are cases in which commercial activities, industrial activities, and professional activities are merged if they are similar. In the following points, we discuss the types of commercial licenses in Dubai :
General Trade License This type of commercial license in Dubai allows the practice of various commercial activities without any restrictions.
An event organizing license is one of the types of commercial licenses in Dubai specialized in organizing meetings and events and holding parties, conferences and exhibitions.
Business Operation License One of the types of commercial licenses in Dubai that grants permission to companies wishing to obtain a lease or work in the free zone.
The professional license is one of the types of commercial licenses in Dubai that is specialized in determining the number of activities that cannot be practiced without others and works under local licenses and permits.
A commercial license is one of the types of commercial licenses in Dubai that are responsible for carrying out commercial activities that are specified such as import, export, distribution and sale.
Trade license cost in dubai
Due to the multiplicity of types of commercial licenses in Dubai, the cost of a commercial license in Dubai varies according to the nature of the activity. Therefore, the economic activity must be determined in order to know the appropriate commercial license. In the following points, we discuss the cost of a trade license in Dubai as follows:
- 600 AED for the trade license registration fees in Dubai.
- 10 AED for Knowledge Dirham fees in Dubai.
- 10 AED for innovation dirham fees in Dubai.
- 350 AED for brand name ads in Dubai.
- 50 AED for a service request form in Dubai.
- From 1,000 to 3,000 UAE dirhams, fees for a foreign trade name.
- AED 15,000 for general trade activity fees.
- AED 15,000 for investment activities fees.
- AED 25,000 for business center fees.
- 10,000 AED fees for building contracting activities in Dubai.
- 1070 dealer license fees in addition to 300 AED Dubai Chamber fees.
- 1070 AED for the starting licence.
- Fees for articles of incorporation or service agent contract are as follows:
- AED 300 for the signature of each of the parties to the document to certify the signatures of the editor, which does not exceed AED 100,000.
- 0.5% of the value of the document, up to a maximum of 15,000 AED, for authentication of signatures in documents that exceed 100,000 AED.
- 500 AED for postponing the completion of the transaction after registration, according to the customer’s request.
- AED 500 fee for signing one of the parties to the document at another service center.
- 100 AED fees for all parties to electronically sign the document.
Steps to obtaining a trade license
There are many methods of issuing a commercial license for various types of commercial licenses in Dubai, in support of the government for investors and entrepreneurs. Here are the steps for obtaining a trade license:
- First, it is necessary to determine the nature of the activity that will be practiced in the company, because on the basis of the activity, the rest of the procedures are determined. The economic activities in Dubai vary:
- Commercial activities.
- Industrial activities.
- Service activities.
- Tourist activities.
- Secondly, choosing a trade name that suits the nature of the company’s economic activity, in accordance with the terms and regulations stipulated by the Department of Economic Development in Dubai, as follows:
- The trade name of the company should reflect the nature of the activity in which it will operate.
- The trade name must not violate public taste and must not contain inappropriate phrases.
- The trade name to be chosen shall not be similar to any other company.
- The trade name should not contain the name of a government agency.
- It does not contain the name of God or the Most Beautiful Names.
- Third, specifying the legal form of the company whose abbreviation follows the company’s trade name to express it. The legal forms include the following:
- Solidarity Company.
- Simple Recommendation Company.
- A limited liability company.
- Public contribution.
- private contribution.
- Commercial representative office.
- Civil works company.
- A branch of a local company.
- A branch of a Gulf company.
- A branch of a foreign company.
- Free Zone Company Branch.
- Individual Foundation.
- holding company.
- Fourth, obtaining the initial approval from the concerned authorities regarding the approval of the trade name, the nature of the activity, and the legal form of the company in order to complete the rest of the steps.
- Fifthly, choosing an office space suitable for work in order to be an actual location for the company, whether renting or owning, and obtaining a certified lease contract.
- Sixth, some activities need to obtain additional approvals from the authorities regulating those activities in order to issue a commercial license in Dubai, such as the following:
- Municipality Department in Dubai.
- The Telecommunications Regulatory Authority.
- executive board.
- The Ministry of Economy.
- Dubai Health Authority.
- Supreme Petroleum Council.
- Ministry of Interior Affairs.
- Ministry of Justice.
- The last step in issuing a commercial license in Dubai is to receive the commercial license necessary to work legally in the economic project and pay the fees for the commercial license. The fees differ due to the multiplicity of types of commercial licenses in Dubai.
Looking for help in obtaining your trade license in Dubai?
It is necessary to seek the help of experts to obtain the commercial license necessary to conduct your activity in Dubai, and as we talked about the multiplicity of types of commercial licenses in Dubai , it is necessary to seek the help of someone who has experience in dealing with government agencies and is able to help you professionally to choose the type of license that is most appropriate for you.
We are one of the most skilled business consultants and service providers in Dubai, and we offer many services from A to Z to support you in establishing your company in Dubai, starting with providing a clear business plan and a feasibility study for your investment project, through all the necessary procedures and transactions with government agencies in Dubai, ending with obtaining the appropriate commercial license for the nature of your activity. .
We provide everything you need within a package of integrated services and unbeatable prices. Contact our team now.
In this article, we discussed the types of commercial licenses in Dubai and talked about the steps for obtaining a commercial license and the costs of obtaining the license, and we mentioned that the cost changes due to the different types of commercial licenses in Dubai, We also provide you with an integrated set of services and consulting from A to Z.
Contact our team now and get legal advice in order to take steady and confident steps in the field of investment in Dubai and free zones.
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