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Dubai trade license

١٠ فبراير Dubai trade license

Learn how to obtain a commercial license in Dubai because Dubai is considered one of the most prominent global business destinations that attracts investors and entrepreneurs from all over the world, thanks to its strategic location and advanced economic environment. To have the opportunity to expand and succeed in this dynamic market, obtaining a business license in Dubai is an essential step. The commercial license constitutes the legal document that allows individuals and companies to carry out their commercial activities flexibly and easily. In this article, we will review the importance of a commercial license in Dubai, and review the basic steps for obtaining it, in addition to the requirements and procedures that must be followed to ensure compliance with all local laws and regulations.

Dubai

Dubai trade license

Here are the basic steps to obtain a commercial license in Dubai:

  1. Determine the type of business activity: Choose the type of activity you wish to practice, as the type of license varies depending on the activity. You can choose between commercial, industrial, professional, or tourist licenses.
  2. Choose a business name: Choose a business name that is consistent with your business and is compatible with local laws. Make sure the name is not reserved or similar to other brand names.
  3. Submitting a license application: Submit your application to obtain a commercial license through the website of the Department of Economy and Tourism in Dubai or through the approved centers.
  4. Preparing the necessary documents: Prepare all required documents, which may include a copy of the passport, a personal photo, the lease contract, and partners’ information. There may be additional documents depending on the type of activity.
  5. Commercial Registration: Register your trade name with the Department of Economy and Tourism. This may require an application for prior approval before a license is issued.
  6. Check the special conditions: Check the special conditions of your activity, such as obtaining approvals from the competent authorities if the activity requires it.
  7. Payment of fees: Pay the fees related to issuing the license. Fees vary depending on the type of activity and the size of the company.
  8. Receiving the license: After completing all the steps, you can receive your commercial license from the relevant department. Make sure to review all the details and make sure the information is correct.
  9. License renewal: Remember that the commercial license needs to be renewed periodically, so you must follow the renewal dates and comply with the necessary requirements.

By following these steps, you can obtain your business license in Dubai and start your business legally and efficiently.

 

When is the Dubai trade license issued?

The commercial license is issued in Dubai after completing all necessary procedures and requirements, which include submitting documents, paying fees, and obtaining the required approvals. The business license issuance process usually requires between 5 and 10 business days, but time may vary based on the type of business and the complexity of the process.

The following are some factors that may affect the duration of the license issuance:

  1. Type of business: Some activities may require additional approvals or special procedures.
  2. Complete documents: Submitting documents completely and correctly speeds up the license issuance process.
  3. Trade Name Verification: Trade name verification may take some time if the name is not available or needs modifications.
  4. Coordination with government agencies: Some activities require approvals from other government agencies, which may affect the duration of issuing the license.

To get accurate timings, it is best to check the Dubai Department of Economy and Tourism website or contact the authorized service centers.

What are the requirements to obtain a Dubai trade license?

The requirements needed to obtain a business license in Dubai vary depending on the type of company and the economic activity it carries out. However, some basic requirements include:

To obtain a business license in Dubai, you must submit a set of documents and basic requirements, which include:

  1. Application form: Fill out the commercial license application form available through the website of the Department of Economy and Tourism in Dubai or through authorized service centers.
  2. Copy of passport: A colored copy of the passport must be submitted to each of the partners or managers in the company.
  3. Personal photo: The Department of Economy and Tourism usually requires a recent photo of each of the partners or directors.
  4. Lease Contract: Submit a copy of the lease contract for the office or place where the business activity will be conducted. The contract must be certified by the relevant authorities if necessary.
  5. Certificate of previous licenses (if applicable): If you have any previous business licences, you may be asked to provide it.
  6. Business Plan: Some activities require the submission of a business plan detailing the business activity, objectives, and market strategy.
  7. Permission from the competent authorities: For some activities, you may need to obtain special approvals or permits from the competent government authorities.
  8. Trade name: Choose an appropriate trade name, and ensure that it is not reserved or similar to other trade names.
  9. Payment of fees: Pay the fees required to issue the commercial license. Fees vary according to the type of activity and the size of the company.
  10. Insurance: Some activities require an insurance policy, such as public liability insurance or employee health insurance.

Be sure to check the requirements for the specific activity as they may vary based on the type of activity and the requirements for each business. You can obtain precise details from the Department of Economy and Tourism or through authorized service centers.

Dubai trade license fees

The fees required to obtain a commercial license in Dubai vary according to the type of company and its economic activity. However, the fees and cost of a trade license in Dubai are affected by several major factors, which are:

  1. Type of business activity: Fees vary based on the type of business activity, whether it is commercial, industrial, professional, or tourism. Activities that require special permits or additional approvals may be more expensive.
  2. Company size: Companies of large size or those that include several branches or activities may face higher costs compared to small or individual companies.
  3. Geographical location: The cost of renting the office or location from which you will operate your business may affect the total license costs. The rental cost varies from one area to another in Dubai.
  4. License Duration: A business license is usually valid for one year, and you can choose to renew it annually. Some activities may offer options for long-term licences.
  5. Additional fees: Additional fees may include costs for obtaining special permits, insurances, or additional service fees. Also, fees for translation and legalization of documents may affect the total cost.
  6. Procedures and transactions: The cost of government procedures and transactions such as attesting papers, special approvals from other government agencies, and the costs of attorneys or legal consultations if required.
  7. Trade name: Choosing a trade name requires paying a registration fee. If the name needs to be modified or is not available, these may result in additional fees.

It is necessary to check the exact details through the Dubai Department of Economy and Tourism or authorized service centers to get accurate estimates and details of specific fees based on your activity.

Is it permissible to obtain a commercial license in Dubai via the Internet?

Yes, a business license in Dubai can be obtained online. The Department of Economy and Tourism in Dubai provides an electronic application service for commercial licenses, which facilitates the process of registering and obtaining a license for investors and entrepreneurs. Below are general steps to obtain a business license online:

  1. Visit the Department of Economy and Tourism website: You can visit the official website of the Department of Economy and Tourism in Dubai and go to the application section.
  2. Register and create an account: You may need to create a new user account on the Site if you do not already have one. Log in to your account.
  3. Submit a license application: Fill out the electronic application form with the required information about the business activity, trade name, location details, and partners or managers.
  4. Upload documents: Upload the required electronic copies of documents such as passport, rental contract, and personal photos.
  5. Payment of fees: Follow the instructions to pay the required fees via the electronic payment gateway available on the website.
  6. Follow up on the application: After submitting the application, you can monitor the status of the application online and find out about any developments or additional requests that you may need to fulfill.
  7. Receiving the license: Once the application is approved and all procedures are processed, you will be able to receive the commercial license electronically or through authorized service centers.

Make sure to follow all steps carefully and submit all the required documents and information to ensure the speed and ease of obtaining a commercial license.

Types

Types of business licenses in Dubai

Some tips for starting a business in Dubai

There are many steps and tips that an investor must follow before starting to establish any commercial activity in the UAE in general, not only in the Emirate of Dubai, in order to ensure achieving the highest percentage of profits. Here are some valuable tips for starting a commercial activity in Dubai:

  1. Conduct a comprehensive feasibility study: Before starting any business, conduct a careful feasibility study to evaluate the market, competitors, demand for your products or services, and operating costs. This study will help you make informed decisions and plan effective strategies.
  2. Choosing the right business: Choose an activity that matches your interests and skills, and be aware of the licensing requirements for the activity. Ensure that the required activity is in line with Dubai laws and market needs.
  3. Trade Name Registration: Choose a business name that is unique and easy to remember, and make sure it is available and not reserved. Check trade name registration requirements through the Department of Economy and Tourism in Dubai.
  4. Choose a strategic location: Select a suitable location for your business, whether it is an office, store, or factory. Make sure the site fits your type of business and is attractive to your target customers.
  5. Learn about laws and regulations: Learn about local laws and regulations related to the business, including tax requirements, labor laws, and health and safety requirements. Complying with the laws helps you avoid legal problems.
  6. Financial planning and cost management: Prepare a comprehensive financial plan that includes estimates of establishment and operating costs, and expected revenues. Monitor expenses carefully and be prepared for any financial challenges.
  7. Communicate with advisors and lawyers: Consult legal and financial advisors such as Itqan to help you understand legal procedures and provide advice on financial strategies. Lawyers may also help you handle official paperwork and comply with legal requirements.
  8. Develop an effective marketing plan: Develop a comprehensive marketing plan to attract customers and enhance awareness of your brand. Use digital marketing, advertising, and promotion strategies to attract your target audience.
  9. Leverage technology: Use technology to improve the efficiency of operations, manage data, and communicate with customers. Investing in technological tools can boost productivity and help achieve success.
  10. Building a strong network: Build a strong professional network with business partners, customers, and suppliers. Participating in trade events and exhibitions can open new doors and provide opportunities for collaboration. Following these tips can help you achieve greater success in establishing and managing your business in Dubai.

In conclusion, a business license in Dubai is an essential step for anyone who wants to enter the world of business in this vibrant city. Dubai is an ideal environment for innovation and growth thanks to its advanced infrastructure, strategic location, and diverse investment opportunities. By following the right steps and requirements to obtain a commercial license, investors and entrepreneurs can establish their projects with confidence and begin their journey towards success. It is important to be aware of all regulations and procedures, and to seek the help of specialized experts if necessary, to ensure legal compliance and efficiency in running the business. By paying attention to careful preparation and strategic planning, you will be able to make the most of the opportunities that Dubai offers and achieve your business goals with ease.

Frequently asked questions about the Dubai trade license

What types of business licenses are available in Dubai?

There are four main types of business licenses in Dubai: commercial licence, industrial licence, professional licence, and tourist licence. The type of license varies depending on the type of business activity.

What documents are required to obtain a business license in Dubai?

Basic documents include a copy of the passport, a personal photo, a lease contract, a business plan, and a certificate of previous licenses if present. The required documents may vary based on the type of activity.

How long does the process of obtaining a commercial license take?

The business license issuance process usually takes between 5 and 10 business days, but the time may vary based on the type of activity and the complexity of the procedures.

Is it possible to obtain a business license online?

Yes, you can apply for a commercial license online through the website of the Department of Economy and Tourism in Dubai or through authorized service centers.

What are the fees associated with issuing a trade license?

Fees vary based on the type of business and company size. Fees typically include registration costs, insurance, and taxes. Exact details can be checked through the Department of Economy and Tourism.