JetUp™ – Dubai Business Setup & Services
How to get a Business Trade License in UAE
Acquiring a trade license is an essential requirement for operating legally in Dubai. The process involves obtaining approvals from both the government and the economic department. Additionally, you need to ensure that all your company’s formation documents are reviewed by various UAE authorities within a tight time frame. This can be a complex and expensive process, especially for first-time investors.
With extensive expertise and a commitment to progress, JetUp Business Setup is your ultimate partner for establishing and thriving in the business landscape of Dubai and the UAE.
We provide professional advice on selecting the appropriate license for your business activity, assist in the acquisition process, and send reminders for license renewal. If the unfavorable event of license cancellation arises, JetUp expedites the process to minimize costs and fines.
Optimize Your Business Setup in the United Arab Emirates
What Are The Business Trade Licenses Benefits in Dubai
To start a business in Dubai, obtaining a trade license is essential. It plays a crucial role in ensuring smooth operation and success. Without a trade license, you can’t legally operate or participate in commercial activities. Obtain a trade license soon to avoid legal complications and enjoy benefits like building credibility, gaining access to tenders, and thriving in the competitive business environment of Dubai.
Sponsor family members
Trade in diverse goods and services
Access to Government Support Programs
Credibility and Trustworthiness
Business-Friendly Environment
Ability to sponsor dependents
Ability to trade in a wide range of goods and services
Access to government support programs
Credibility and legitimacy
Friendly business environment
Requirements for Obtaining a Trade License in the UAE
The Department of Economic Development has curated a list of business activities, which are grouped under three major trade licenses in Dubai & UAE. These licenses cover a wide range of businesses, making it easier for entrepreneurs to start their ventures with confidence and agility.
Commercial License
A commercial trade license is necessary for businesses in the UAE that buy or sell goods, whether within the country or abroad. Business activities under this license include imports, exports, product trading, rentals, brokering, logistics, and real estate.
Professional License
Service-oriented companies in the UAE must have a professional trade license. This license allows 100% ownership but requires a local service agent. Management consultancies, law firms, marketing and design, and auditing and accounting companies can operate under this license.
Industrial License
Get an Industrial Trade License in Dubai and UAE for your manufacturing business. You need a physical office in the country. Eligible activities include producing, casing, furnishing, and packaging all types of goods.
What Are The Requirements for Obtaining a Business Trade License in Dubai, UAE
The process of obtaining a trade license in the UAE differs based on the type of license and the emirate where the business is situated. Nonetheless, specific general requirements must be fulfilled, including:
The comprehensive business plan must present a thorough outline of the company’s operations, offerings, promotional approach, and financial forecasts.
A suitable property is necessary for the business’s operations. However, a virtual address is often sufficient instead of a physical space.
A business plan
A Virtual lease agreement
Please provide the following documents:
1) ID and proof of residence for all shareholders/partners
2) Lease agreement for business premises
3) Business plan
4) MOA (only for subsidiary companies)
5) Proof of capital
The business’s trade name is crucial for its identity, values, and mission. It showcases its commitment to customers, partners, and stakeholders while communicating trust, reliability, and excellence. The business will always stay true to its trade name and principles, ensuring sustainable success for years to come.
A Virtual lease agreement
A trade name
Obtaining a trade license cost in UAE varies by license type, activity and emirate location.
On average, it costs between 6,000 and AED 30,000*.
How To Get a Trade License in Dubai
Choose a business name
Define your legal structure
Define your business activities
Complete the application form
Get additional approvals
Gather the required documents
Submit your application
Pay the license fees
Choose a business name
Why Choose JetUp
Partnering with a team of seasoned professionals is crucial when it comes to incorporating a company in Dubai and obtaining a business trade license. At Shuraa Business Setup, we offer extensive experience and deep knowledge to facilitate effortless company formation in Dubai.