18 May Trade license cost in dubai
The cost of a trade license in Dubai is basic expenses that must be paid in full based on the type of activity, and it is one of the most important costs that must be taken into consideration for establishing a company in the Emirate of Dubai.
Trade license is a service provided by government agencies in Dubai. As an official approved document to practice a specific activity and work officially in Dubai.
The government provides several services in addition to the trade license, such as: Issuing a memorandum of association or service agent contract based on the legal form of the company as it is in the initial approval.
In this article, you will find information about the cost of a commercial license in Dubai , the types of permitted commercial licenses, in addition to how to obtain a commercial license .
What is the cost of a trade license in Dubai?
The cost of a trade license in Dubai is one of the basic expenses within the costs of establishing a company in Dubai , and it includes several fees for several procedures and legal transactions. Here are the contents of the cost of a trade license in Dubai as follows:
- Paying 600 AED for the fees for registering a trade license in Dubai.
- Approximately 10 AED is the value of the Knowledge Dirham fee in Dubai.
- Approximately AED 10 is the value of the innovation dirham fee in Dubai.
- About 350 dirhams is the value of brand name advertisements in Dubai.
- About AED 50 is the value of a service request form in Dubai.
- 1000: AED 3,000 fees for the company’s trade name.
- Payment of AED 15,000 for general trade activity fees.
- 15,000 AED value of investment activities fees.
- AED 25,000 business center fees.
- 10,000 AED value of fees for building contracting activities in Dubai.
- 1070 value of a merchant’s license with 300 AED value of Dubai Chamber fees.
- 1070 AED is the value of the starting license fee.
- Additional expenses related to articles of incorporation or service agent contract in Dubai are as follows:
- Approximately 300 UAE dirhams, the value of signature fees for each party of the document to authenticate the signatures of the document, which does not exceed about 100,000 UAE dirhams.
- 0.5% of the value of the document, up to a maximum of approximately 15,000 AED, for authentication of signatures in documents that exceed about 100,000 AED.
- 500 AED is the value of fees for postponing the completion of the transaction after registration, according to the customer’s request.
- AED 500 is the value of the fees for signing one of the parties to the document at another service center.
- 100 AED is the value of the fees for all parties to electronically sign the document.
What are the types of commercial licenses for investment in Dubai?
There are many types of commercial licenses that allow you to work in various activities in Dubai , according to the regulations and laws that regulate the process of investment and business establishment in Dubai as follows:
Commercial licenses require the existence of a memorandum of association and a lease contract for the workplace certified by the Real Estate Regulatory Agency in Dubai. It provides you, as an investor, with obtaining a memorandum of association electronically.
- Dubai instant license
Issuing the immediate license for activities that do not require external approvals. This license provides an optional Memorandum of Association. default site for the first year, In addition to membership in the Chamber of Commerce.
- Dealer license in Dubai
A license for a sole proprietorship to conduct a specific commercial activity from home, The fee is 1070 AED with 300 AED for Chamber of Commerce membership.
How to obtain a license to invest in Dubai
1- Establishing a company in Dubai includes taking the first and most important steps, which is determining the type of activity that will be carried out. And through it depends on determining the type of commercial license in addition to the cost of the commercial license in Dubai due to the different fees for each type of license according to the type of activity of the license.
Examples of economic activities in Dubai include the following:
- Commercial activities.
- Industrial activities.
- Service activities.
- Tourist activities.
2- The investor submits to the competent government agency in Dubai, To obtain an official document for the trade name expressing the company in Dubai, The trade name is the official form that is used in the official contracts of the company. product marketing, and services to the company.
Choosing an appropriate trade name is in accordance with the conditions and rules stipulated by the Department of Economic Development in Dubai:
- It is not allowed to use icons and symbols in the trade name. However, letters and numbers can be used.
- The trade name is allowed to be the first and last names of the owner of the company or one of the partners, but it cannot be the surname of the family.
- It is not allowed for the trade name to be one of the names of God or the name of a government agency, or to be similar to the trade name of another company.
- There is nothing to prevent your company’s trade name from containing a registered trademark or an Arabized name.
- The main activity of the company can be added to the trade name, However, the trade name is not allowed to be the main activity.
- Provided that the company’s trade name does not include any inappropriate phrases or phrases that do not conform to public taste.
- If the trade name includes special features beyond the specified conditions, an additional value of 1000 to 2000 dirhams will be paid in addition to the cost of the trade license in Dubai.
3- One of the most important legal steps to establish a company, Determine the legal form that regulates the laws of dealing with the company through government agencies in Dubai.
4- Initial approval is one of the necessary steps to establish a company, which the investor applies to obtain from the relevant government agencies in Dubai, in order to be able to obtain legal work approval before issuing a commercial license.
The importance of the initial approval in Dubai is due to the approval of the legal form. type of economic activity, The trade name can be obtained before or after choosing the trade name.
The approval of government agencies is obtained such as: (Health Authority, Roads and Transport Authority, The Telecommunications Regulatory Authority).
In a previous title, we discussed the cost of a trade license in Dubai , which included the costs of obtaining the initial approval. As follows:
- Approximately AED 100 for the initial approval or amendment fee.
- Approximately 10 AED for Knowledge Dirham fees.
- A value of 10 AED for the Innovation Dirham fee.
To obtain the initial approval in Dubai, requires the unified number or identity number, In addition to a decision from the board of directors or partners.
5- An essential step within the terms of receiving your trade license to establish your company in Dubai, Choosing an office space (rent) or buying a plot of land, Provided that it is appropriate to the nature of the activity, A lease contract notarized by the Real Estate Regulatory Agency in Dubai must be attached.
6- Some activities that are permitted to be practiced in Dubai require an additional official approval from the competent authorities for these activities in order to be able to receive your trade license in Dubai.
7- The final step comes after all the papers and documents are valid and the cost of the trade license in Dubai has been paid. You receive the trade license through it as a legal document, and you will be able to work officially in Dubai.
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