07 Feb Types of commercial licenses in Dubai
The types of commercial licenses in Dubai depend on the type of activity that the company carries out in Dubai. The types of commercial licenses in Dubai are suitable for various activities, so that investors can establish companies and work in various fields in Dubai.
To obtain a trade license, it is required to submit several documents, pay the license fees, and take a number of procedures to obtain the trade license in Dubai.
Through the title of this article, you will find everything you want to know about the types of commercial licenses in Dubai and the steps to obtaining a commercial license in 7 legal steps with the utmost flexibility through government agencies in Dubai.
Types of commercial licenses in Dubai
In Dubai, the type of commercial license depends on the type of activity. Commercial activity requires obtaining a commercial license, Industrial activity requires obtaining an industrial license, and so on. If the license includes more than one activity, the largest activity is approved in order: Industrial, commercial, and service.
Sometimes businesses are combined, industrial activities, professional activities in certain cases if they are similar, Here are the types of commercial licenses in Dubai:
- General trading license: This type of commercial license in Dubai , through which various commercial activities can be practiced in Dubai without any restrictions.
- Event organizing license: One of the types of commercial licenses in Dubai through which meetings can be organized. processing events, throwing parties, Conferences and exhibitions.
- Business operation license: One of the types of commercial licenses in Dubai, through which a permit can be given to companies to obtain a lease contract or to work in one of the free zones in Dubai.
- Professional license: One of the types of commercial licenses in Dubai , through which it is possible to determine the number of activities that cannot be practiced by others in Dubai. This license operates under the local licenses and permits in Dubai.
- Commercial license: One of the types of commercial licenses in Dubai through which commercial activities can be practiced, Such as: Import, export, distribution and sale.
The cost of obtaining a trade license in Dubai
The cost of a trade license in Dubai varies according to the nature of the activity that will be practiced in Dubai. Therefore, the activity must first be determined in order to determine the appropriate type of commercial license. Here is the cost of obtaining a trade license in Dubai as follows:
- 600 dirhams fees for registering a trade license in Dubai.
- 10 dirhams knowledge dirham fees in Dubai.
- 10 dirhams of innovation dirham fees in Dubai.
- 350 dirhams for advertising brand names in Dubai.
- 50 dirhams for a service request form in Dubai.
- From 1,000 to 3,000 dirhams for the foreign trade name.
- 15,000 dirhams fees for general trade activity.
- 15,000 dirhams fees for investment activities.
- 25,000 dirhams business center fees.
- 10,000 dirhams fees for building contracting activities in Dubai.
- 1070 merchant license fees and 300 dirhams Dubai Chamber fees.
- 1070 dirhams driving license fees.
Fee for articles of incorporation or service agent contract:
- 300 dirhams signature fee for all parties to the document to authenticate the signatures of the document, which does not exceed 100,000 dirhams.
- 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 establish companies in Dubai
To establish a company in Dubai, you must obtain a trade license, which is a compulsory legal document to work and establish projects in Dubai. There are many ways to issue a commercial license for the types of commercial licenses in Dubai. Steps to establish companies in Dubai and obtain a trade license, As follows:
- First, if you want to obtain your commercial license, you must start by defining the nature of the activity on which you will build the company. Because on the basis of the activity, you will be able to determine one of the types of commercial licenses in Dubai and determine the rest of the procedures. Dubai includes several types of permitted activities.
- Secondly, choosing the name of your company, according to several conditions set by the Department of Economic Development in Dubai. You must choose a trade name for the company that reflects the nature of the activity in which the company operates. For example, if the activity is industrial, the name must include that.
- Third, determining the legal form that follows the name of the company, and according to it, the legal framework on which the company will operate in Dubai and the legal documents required from the company to deal with government agencies and obtain licenses are determined.
- Fourth, the initial approval from the concerned authorities in Dubai regarding the validity of the trade name. approval of the activity chosen for work, The validity of the legal form of the company in order to complete the rest of the procedures.
- Fifth, the work location in which the company will operate is a prerequisite, and a certified rental contract in Dubai must be attached.
- Sixth, according to the laws in Dubai, there are some activities that require additional approvals in order to complete the procedures for obtaining a license.
- Seventh, after completing all the steps, you will be able to obtain your trade license in Dubai to work legally in your company after paying the fees for the trade license through the available payment methods. Fees and costs vary due to the multiplicity of types of trade licenses in Dubai.
Requirements for obtaining a trade license in Dubai
The requirements for obtaining a trade license in Dubai are the same for different companies, with slight differences in some cases depending on the types of trade licenses in Dubai.
To view the documents according to the type of your company in Dubai, you can visit the Dubai Economy website. In the following points, we discuss the requirements for obtaining a trade license in Dubai:
- Submit the initial approval receipt and submit all the documents that were previously submitted.
- A copy of the authentication certificate for the lease contract from the Real Estate Regulatory Agency in Dubai.
- Appending a certified Memorandum of Association based on the assets of the type of company.
- Submit additional approvals from government agencies concerned with the nature of the activity.
- Appointment contract for a service agent or an authorized company agent in Dubai.
Knowing that some types of commercial licenses in Dubai, such as: The e-merchant license and the instant license do not need to submit a Memorandum of Association for the first year.
For more information about the types of commercial licenses in Dubai, inquiries about the services we provide in our company, and viewing business packages, contact the numbers shown in front of you.
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