Issuing an instant license in Dubai

Issuing an immediate license in Dubai The Emirate of Dubai is characterized by a dynamic and innovative business environment, providing many opportunities for businessmen and investors to start businesses quickly and efficiently. One of the exciting options that individuals and companies can take advantage of is obtaining an instant license in Dubai. An instant license is an ideal option for individuals and companies seeking to start a business quickly and without major complications. An instant license enables a business license to be obtained in a short time, allowing investors to get started quickly and take advantage of the opportunities available in the Dubai business market. This article includes a review of the process of issuing an instant license in Dubai, including the required steps, required documents, and expected costs. In addition to the benefits of taking advantage of this option in starting a business in the vibrant emirate of Dubai. Tips and advice will be provided on how to make the most of the process, helping readers make informed and informed decisions about starting a business in Dubai using an instant license.

Advantages of issuing an instant license in Dubai

The instant license service, launched by the Dubai Economic Department, provides 6 vital advantages to investors and businessmen, saving time and effort in the business licensing process.

• Exemption from rent for the headquarters for a full year.
• Providing the option of electronic articles of incorporation.
• Obtain a license, commercial register, and Dubai Chamber membership immediately.
• Obtaining the establishment card from the Ministry of Human Resources and Emiratisation in real time through a text message.
• Obtain the establishment card from the Department of Naturalization and Residence immediately.
• Only minutes to issue a license and exemption from the lease contract for a full year.
• 90% is the reduction in the time required to complete company registration transactions and obtain an immediate license.
• The time required to obtain an immediate license is 5 minutes, in one step, without the need for a company incorporation contract and a site rental contract for the first year only.

What are the necessary steps to obtain an instant license in Dubai?

Under the concept of an instant license in Dubai , it is generally understood that the process is faster than regular licenses and allows businesses to start operating more quickly. Here are general steps to obtain an instant license in Dubai:

1. Choosing a company type: Before starting the process, you must choose the appropriate company type for your business, such as a sole proprietorship, limited liability company, or joint stock company.
2. Choosing a location and trade name: Choose a location for the company and register an appropriate trade name that is compatible with local regulations.
3. Submitting the application: Submit the application for the instant license to the relevant authority, whether it is the Department of Economic Development in Dubai or another regulatory authority.
4. Payment of fees: Pay the fees required to issue the instant license.
5. Review and Approval: After receiving the application, it will be reviewed and examined by the competent authority, and if approved, the immediate license will be issued.
6. Receiving the license and starting work: After the license is issued, you can receive it and start working in the specified business activity.

Costs of issuing an instant license in Dubai

The costs of obtaining an instant license in Dubai can vary based on several factors, including the type of business activity required and additional requirements that may be required. However, a rough estimate can be provided of the costs you may incur to obtain the instant license in Dubai.

Generally, the costs of obtaining an instant license in Dubai include:

1. License Fee: This fee includes the cost of submitting the application, verifying documents, and other administrative transactions related to the license.
2. Service fees: These fees may include additional services that may be provided by relevant authorities, such as documentation and certification.
3. National Bureau of Standards Fees: In some cases, additional fees may apply for special approvals or licenses if required by business activities.

What are the differences between an instant license and a traditional license in Dubai?

The instant license and the traditional license in Dubai differ in several aspects, including the speed of obtaining it, requirements and costs. Here are some of the main differences between them:

These are the main differences between an instant license and a traditional license in Dubai, which can help in determining the most suitable option for different businesses.

Commercial licenses in Dubai

Commercial licenses in Dubai vary to meet the needs of various economic and commercial activities, reflecting the dynamic and thriving business environment in the emirate. These licenses include the general commercial license, which is granted to companies that deal with buying, selling, importing, and exporting, and the industrial license, which targets companies operating in manufacturing and production. There is also a professional license for businesses that require specialized skills and expertise, such as consulting, engineering, and legal services. In addition, there are tourist licenses for companies operating in the tourism sector, and agricultural licenses for companies operating in agriculture and animal production. Each type of license requires a set of special documents and procedures to ensure compliance with local laws, providing a stable legal and operational environment for both local and international investors. These facilities are part of the Dubai government’s ongoing efforts to support business growth and attract foreign investments, which contributes to strengthening Dubai’s position as a global center for business and innovation.

Requirements for obtaining business licenses in Dubai

Dubai is one of the most prominent business destinations in the world, providing a distinguished economic environment that supports business growth and attracts investments from all over the world. Establishing a company in Dubai requires obtaining a business license, which is an essential step that ensures compliance with local laws and provides a legal framework for business. This license allows companies to carry out commercial activities in accordance with the laws and regulations in force in the emirate. We will review the basic requirements for obtaining commercial licenses in Dubai :

• Choosing a business: You must determine the type of business activity you intend to engage in. This helps you determine the type of license required.
• Choosing a trade name: A trade name must be chosen that complies with the regulations specified by the Department of Economic Development in Dubai.
• Submitting a license application: An application must be submitted to obtain a commercial license through the Department of Economic Development platform or through one of the approved service centers.
• Initial approval: After submitting the application, initial approval must be obtained from the relevant authorities.
• Preparing the required documents: This includes passports, personal photos, and the necessary licenses, in addition to any other documents required by the authorities.
• Renting a commercial site: You must rent a suitable location for the commercial activity and obtain a lease contract certified by the competent authorities.
• Completing legal transactions: This step includes signing contracts and submitting the necessary documents to the concerned authorities.

Types of business licenses in Dubai

Dubai offers a variety of business licenses that suit various commercial and investment activities. Understanding the types of commercial licenses available will help you choose the right license for your business. Below are the types of business licenses in Dubai :

1. Commercial licenses: granted to companies that deal in buying and selling goods. This category includes many activities such as retail and wholesale trade.
2. Professional licenses: issued to companies that provide professional services such as consulting, legal services, medical services, and training.
3. Industrial licenses: Granted to companies that deal in industrial activities such as manufacturing, assembly, and production.
4. Tourist licenses: issued to companies operating in the tourism sector, including travel companies, hotels, and tourism agencies.

How to create a successful business in Dubai

Establishing a successful project in Dubai requires good planning and outstanding implementation. Here are some key steps to creating a successful business in Dubai:

1. Market Research and Analysis: Conduct an in-depth market study to understand demand and supply in the Dubai market, and identify opportunities and challenges you may face.
2. Develop a detailed business plan: Develop a comprehensive business plan that includes information about the project, its goals, marketing, finances, management, and operations.
3. Identify potential partners and investors: Depending on the nature of your project and financing needs, you may need to identify potential partners or investors who can support your project.
4. Licensing and Permits: Make sure to obtain the necessary licenses and permits from local authorities to legally establish and operate your project.
5. Building a strong team: Recruit a distinguished team with the skills and experience necessary to achieve the project goals and implement the strategic plan.
6. Marketing and brand building: Employ effective marketing strategies to attract customers and build brand awareness for your project in the market.
7. Be flexible and innovative: Be prepared to adapt your project over time and respond to new challenges and opportunities flexibly.
8. Manage finances effectively: Manage financial resources effectively, balance revenues and costs, and accurately determine the necessary funding sources.
9. Performance Evaluation and Continuous Improvement: Regularly evaluate your project performance, update plans, and improve processes to ensure continued project success.
10. Compliance with legal and tax directives: Ensure compliance with local legislation, regulations and taxes applicable in Dubai and the UAE.

Procedures for establishing a company in Dubai

Establishing a company in Dubai requires carrying out several procedures under the supervision of local authorities in accordance with the legislation and regulations in force in the emirate. Here is an overview of the basic procedures that must be taken to establish a company in Dubai:

• Choosing the type of company: You must first determine the type of company that suits the needs of the proposed business, whether it is a sole proprietorship, a limited liability company, or a partnership.
• Choosing a trade name: A trade name for the company must be chosen that complies with local laws and regulations, and the availability of the name must be verified and not repeated.
• Determine shareholders and responsibilities: The partners or shareholders in the company must be identified and their responsibilities and shares in the capital must be determined.
• Determine the legal location: The location of the company and its main office must be determined, and this can be inside or outside the free zone in Dubai.
• Preparing legal documents: The necessary legal documents must be prepared to establish the company, such as articles of incorporation, articles of association, and other internal agreements.
• Submitting a registration application: The registration application must be submitted to the competent authorities in Dubai, along with submitting all required documents and paying the prescribed fees.
• Obtaining licenses and permits: After approval of the registration application, the necessary licenses and permits to start a business are obtained.
• Opening a bank account: A bank account must be opened in the name of the company to manage the company’s financial matters.
• Registration with other government bodies: Some businesses may require registration with other government bodies depending on the type of activity and local laws.
• Tax registration: If you subscribe to the added tax system, the company must register with the tax authority and submit tax returns regularly.

Learn about issuing an instant license in Dubai

If you are looking to obtain an immediate license in Dubai in cooperation with Itqan Company, this can be an important step in building your business and achieving your business goals. Itqan Company is a company specialized in providing legal and consulting services in Dubai, and has extensive experience in the field of commercial licenses.

When you work with Itqan Company, you will receive the support and guidance necessary to issue an instant license in Dubai . The company will help you prepare and submit all required documents and deal with relevant government agencies, such as the Dubai Department of Economic Development (DED), the Dubai Department of Tourism and Commerce Marketing (DTCM), and others.

The process of obtaining an immediate license also includes submitting a comprehensive business plan and determining the activity of the company to be established. Itqan Company will work with you to determine the appropriate activity and arrange the required documents for submission to government agencies. The company will also provide the necessary guidance on the financial, legal and regulatory requirements for obtaining the licence.

An instant license in Dubai is an ideal option for individuals and companies who want to start their business quickly and efficiently. Thanks to cooperation with Itqan Company, you can benefit from the company’s legal experience and knowledge to achieve this goal.

Depending on the type of activity and government requirements, the period for issuing an instant license can vary. When you work with Itqan Company, you will receive the support of a specialized team that prepares and reviews documents and effectively follows up on procedures to ensure that you obtain the license as quickly as possible.

In short, if you want to obtain an immediate license in Dubai, you can rely on Itqan Company to provide support and assistance in all the necessary steps. With their guidance and experience, you can build a successful business in a short time and enjoy business opportunities in Dubai.

Frequently asked questions about issuing an instant license in Dubai