Business Licenses in the UAE vibrant and business-friendly surroundings deliver a range of possibilities for all entrepreneur and businesses seeking their establishment. To adequately navigate the economic landscape, it is vital to comprehend the different types of business license Dubai. It symbolizes a business’s compliance with all the local laws, rules, and standards. This complete guide offers an overview of the several types of licenses in UAE and the particular activities they hold.
Different Types of Business Licenses in The UAE:
- Commercial License: This specific license is for companies involved in trading operations such as general trading, import or export, and sales of goods and commodities. It offers a comprehensive range of trading practices such as electronics, food, and beverages.
- Professional License: This license is perfect for service-based businesses, this license is needed for professionals such as consultants, accountants, IT service providers, and more. It permits individuals or organizations to deliver professional solutions legally.
- Industrial License: This license in compulsory for all the companies engaged in manufacturing or industrial practices. It cater to Business Licenses in the UAE that transform raw materials into the final products such as factories and industrial plants.
- Tourism License: As Dubai is the top tourist site, a tourism license is necessary for companies in the travel, tourism, and hospitality sectors. This involves travel agencies, tour operators, and hospitality units such as hotels.
- Freelance License: Specially designed for independent career enthusiasts, who want to offer their services without being linked to a formal company.
How to Choose the Right License for Your Business
Here are the steps to choose the right UAE business license in the UAE for your business in Dubai:
- Identify your primary business activity: Determine what is your primary activity and also other activities that you might engage in the future.
- Specify the nature of your business: Understand whether your business is service-based involves commercial trade, or comes under the tourism field. This understanding will guide you to the right license kind. Businesses can possess more than one license to cover unique activities.
- Refer to Guidelines and Examples: Get knowledge of Business Licenses in the UAE presented for each license and consult the guidelines prescribed by the licensing authority.
- Seek Expert Advice: It is wise to consult a business setup expert in Dubai who has complete knowledge of licenses of all the sectors.
Steps for Getting a Business License in Dubai
- Choose the Business Activity: Specify the type of Business Licenses in the UAE you wish to establish.
- Select a Business Name: Select a different and appropriate name for your business. Make sure that the company name complies with all the DED guidelines. There should be no religious names or abbreviations involved.
- Choose your business location: Choose whether you want to start a business in the Mainland or the free zone. Both have their benefits and limitations.
- Find Office Space: Secure a good location for your on-site location in Dubai.
- Submit Application: Finish all the essential application forms and provide the needed documents to the DED.
- Payment: Pay all the necessary fees and deposits. The business license costs may differ due to license location, and other factors.
- Receive Your license: Once everything is done, you will get your UAE business license to execute your activities in the country.
The Cost of Obtaining a Business License in the UAE
The cost of a trade license UAE generally ranges from AED 5,750 to AED 30,000. However, many factors decide the cost of a business license in Dubai such as the location, type of Business Licenses in the UAE activity, type of license, and much more. Therefore, there is no fixed cost for a particular license.
How Start Any Business UAE Can Help You Get Your Business License
Start Any Business UAE is the only destination where you can get all the business licensing services under one roof. We ensure that you get your hands on the right business license for your business operations. We handle all the paperwork, documentation, and legalities on your behalf to make sure that you do not encounter any hindrances while acquiring your UAE business license.