Costs of issuing a commercial license in Dubai

31 Oct Costs of issuing a commercial license in Dubai

Costs of issuing a commercial license in Dubai

The costs of issuing a commercial license in Dubai vary according to the type of commercial license due to the different economic activities supported by each license in Dubai.
Dubai is the investment destination in the Middle East, which has attracted the attention of various businessmen and investors to establish investment businesses, thanks to the facilities, services and facilities provided by the state that help facilitate establishment procedures, reduce costs and increase profits.
In this article, we discuss the costs of issuing a commercial license in Dubai and the types of commercial licenses, in addition to the requirements and steps for obtaining a commercial license according to the nature of the activity.
Costs of issuing a commercial license in Dubai
A trade license is a legal document that must be obtained in order to conduct economic activity in Dubai for all projects and activities. Due to the multiplicity of types of commercial licenses in Dubai, the costs of issuing a commercial license in Dubai vary according to the nature of the activity. Therefore, the economic activity must be specified in order to know the appropriate commercial license. In the following points, we discuss the costs of issuing a commercial 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.

Types of commercial licenses in Dubai
We also discussed in the previous title the costs of issuing a commercial license in Dubai, and we learned that the costs vary according to the type of commercial license, so we must inform you of the most important commercial licenses in the Emirate of Dubai and the activities that support them as follows:

• A trade license is a license specialized in general trade or specialized commercial activity and is specialized in allowing the practice of various sectors such as: Wholesale and retail trade, construction, transportation and storage, communications, financial liaison, Real estate and leasing.
• Industrial license: It is a license specialized in granting the necessary licenses for the establishment of industrial activities and the establishment of companies operating in production and manufacturing, including manufacturing and mining industries. quarrying, electricity, gas and water.
• Professional license: It is a license that allows the practice of craft and service activities that depend heavily on physical effort and include agriculture, fishing, education, health, Teamwork, Community and personal service activities.
• Tourist license: It is a license specialized in granting permits to companies operating in tourism and hospitality services in the United Arab Emirates.

Documents for issuing a trade license in Dubai

• Receipt of the initial approval and all documents related to the company.
• A copy of the certificate of authentication of the company’s headquarters lease contract from the Real Estate Regulatory Agency in Dubai.
• Additional approvals from the authorities concerned with the company’s activity, if necessary.
• The Memorandum of Association certified according to the company’s assets.
• Submit an attested contract to appoint a service agent.
• In the event of establishing a branch of a company outside Dubai, a letter must be sent from the parent company approving the opening of a branch.

Steps to obtaining a trade license
Establishing projects in Dubai requires obtaining a trade license according to the nature of the economic activity in which the company will operate. Here are the steps to obtaining a trade license in Dubai:

1. The first and most important step for establishing a project in Dubai and obtaining a trade license must first determine the nature of the economic 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 and include many areas, the most important of which are as follows:

• Commercial activities.
• Industrial activities.
• Service activities.
• Tourist activities.

1. The next step for establishing projects and obtaining a trade license in Dubai is to choose a trade name that is appropriate to the nature of the company’s economic activity, as stipulated in the regulations of 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.

1. Every company in the world has a legal form that governs the way of dealing within the company and with government agencies. Therefore, the legal form of the company must be determined, and 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.

1. One of the most important steps is obtaining the initial approval from the concerned authorities in Dubai in order to approve the trade name, the nature of the activity and the legal form of the company in order to complete the rest of the steps properly.
2. Each project or company has a main workplace, so a suitable office space must be chosen to work in the company with a lease contract documented by the Real Estate Regulatory Agency in Dubai.
3. Some activities require additional approvals from the authorities regulating those activities to issue a trade 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.

1. The last step is to receive the commercial license, which qualifies you to start working officially, after paying the costs of issuing a commercial license in Dubai. The costs of issuing a commercial license in Dubai vary from one license to another according to the type of activity.

In this article, we have covered the steps for obtaining a trade license in Dubai, the costs of issuing a trade license in Dubai, and the documents required to apply for a trade licence.

Do not hesitate to contact the work team through our numbers to request a commercial license or obtain the costs of issuing a commercial license in Dubai according to the type of your activity.
We also provide various services that help you in establishing your project or company in the Emirate of Dubai and its free zones, from A to Z. Contact us now, we are at your service around the clock.