The cost of a commercial license in Dubai is one of the most important requirements that must be researched if you want to establish a company in Dubai. The UAE government has imposed on entrepreneurs the requirement to obtain a commercial license in order to be allowed to practice the activity. The process of obtaining a commercial license is not an easy matter and requires many steps, Such as: going to a competent government agency in order to obtain a license. The cost of a commercial license in Dubai varies according to the type of commercial activity that the investor wishes to practice. In this article, we will learn about the cost of a commercial license in Dubai .
Cost of a business license in Dubai
A trade license in Dubai is one of the most important steps that must be taken when establishing a company. The cost varies depending on the type of business license required and the activities involved. Obtaining a commercial license requires taking into account several factors, including the size of the company, location, and number of employees.
One of the most important advantages of obtaining a business license in Dubai is the developed infrastructure and strong government support that enhances the chances of business success. Dubai also provides a distinguished business environment that allows companies to access new markets thanks to its strategic location.
To obtain accurate details about the procedures and requirements necessary to obtain a commercial license, it is recommended to cooperate with specialized consulting bodies such as “Itqan” Company, which provides the necessary support and ensures that the procedures are implemented efficiently and quickly.
This way, companies can achieve success and growth in Dubai’s thriving business environment.
What do we provide for you regarding the cost of a commercial license in Dubai ?
At Itqan Company, we provide you with a comprehensive range of services related to the cost of a trade license in Dubai, which include the following:
- Professional consultations: We provide professional consultations to determine the type of commercial license appropriate to your company’s needs, whether it is a general commercial, industrial, professional, or tourism license.
- Preparing documents: We help you prepare and prepare all the documents required to obtain a commercial license, including filling out official forms and translating them if necessary.
- Submitting applications: We follow the process of submitting applications to the competent authorities and are keen to complete all procedures efficiently and quickly.
- Reduced costs: We provide you with accurate estimates of the costs of obtaining a commercial license and we work to reduce unnecessary costs by taking advantage of our experience and relationships with government agencies.
- Guidance and follow-up: We provide you with continuous guidance during all stages of obtaining a commercial license and ensure careful follow-up of every step until the license is issued.
- Post-issuance services: We provide support services after the issuance of a commercial license, such as renewing the license and making the necessary amendments to commercial activities.
By utilizing the services of Atqan Company, you can focus on developing your business and leave the administrative and technical details to us, ensuring a smooth and successful experience in establishing your company in Dubai.
The importance of a trade license in Dubai
A commercial license in Dubai is one of the basic foundations for establishing and operating any commercial activity in the emirate. It is not only a legal means of doing business, but also a gateway for companies to access a dynamic and evolving business environment. Thanks to the trade licence, companies can benefit from the advanced infrastructure and outstanding logistics services that Dubai offers, in addition to the economic and tax incentives that attract investors from all over the world. A commercial license contributes to enhancing trust between business partners and customers, and opens doors to opportunities for growth and expansion in local and international markets. It also ensures compliance with local laws and regulations, which protects companies’ rights and contributes to the long-term sustainability of their business.
How to obtain a trade license in Dubai
To obtain a commercial license in Dubai, you can follow the following steps:
1. Determine the type of business activity: Determine the type of business activity you wish to practice, as the type of activity affects licensing requirements and required procedures.
2. Choosing a trade name: Choose a trade name that suits your business and comply with the rules for choosing trade names in Dubai. Make sure the name is not already in use and complies with approved standards.
3. Submit an initial approval application: Submit an initial approval application with the Department of Economic Development (DED) in Dubai, including details of the business activity and the proposed trade name.
4. Preparing the required documents
Gather the required documents, which usually include:
- A copy of the passport of the company founders.
- Personal photos of the founders.
- A copy of the residence visa if the founder resides in the UAE.
- Business plan (if required).
5. Articles of Association and Partnership Agreement: Prepare the Articles of Association and Partnership Agreement (if there are partners) and have them notarized by a notary.
6. Determine the business location: Determine the location of the office or workplace where the business will be conducted and obtain a notarized lease contract for the location.
7. Obtaining government approvals: You may need to obtain additional approvals from the relevant government authorities based on the type of business activity.
8. Pay the required fees: Pay the fees required to obtain the commercial license, which include registration fees, licensing fees, and municipal fees.
9. Receiving the commercial license: After completing all procedures and paying the fees, receive the commercial license from the Department of Economic Development (DED).
10. Registration in the Chamber of Commerce: Register your company in the Dubai Chamber of Commerce and Industry to obtain membership in the Chamber and enjoy the services it provides.
Establishing a company in Dubai
Dubai is an attractive destination for establishing companies due to its dynamic economic environment and strategic location. The process of establishing a company in Dubai is relatively efficient and easy, as the government provides simplified procedures and incentives for investors. Investors can choose between establishing a company in the free zone or on the mainland, taking into account the different laws and requirements for each option. The main steps include defining the business activity, choosing a trade name, obtaining the necessary approvals, and completing legal and financial procedures. Dubai also provides advanced services to support emerging businesses, making it a preferred choice for many entrepreneurs and international companies.
Advantages of establishing a company in Dubai
Favorable business environment in that Dubai provides a dynamic and vibrant business environment, characterized by political and economic stability. The government in Dubai provides great support to investors and companies, whether through incentives or facilities. There are many main advantages to establishing a company in Dubai , the most prominent of which are:
- Fast and simple procedures: Procedures for establishing companies in Dubai are quick and easy compared to many other countries. Obtaining the necessary licenses and approvals is done very efficiently.
- Advanced infrastructure: Dubai enjoys high-quality infrastructure, including advanced facilities, logistics and communications networks. This provides an ideal business environment for companies and investors.
- Tax incentives and exemptions: Dubai offers various incentives and tax exemptions to companies, such as income tax exemption. These tax advantages enhance Dubai’s attractiveness as a destination for establishing a business.
- Strategic geographical location: Dubai has a strategic geographical location, as a gateway between East and West. This location provides easy access to local, regional and global markets.
Looking for help regarding obtaining a commercial license?
You can contact us and one of our experts will assist you in all procedures without requiring you to exert effort or waste time. We will inform you of the exact ways to open a Dubai commercial register.
In conclusion, obtaining a business license in Dubai is an essential and necessary step to start any business activity in this thriving city. The commercial license gives companies the legal legitimacy to operate and operate, and provides them with many attractive government benefits and incentives.
The process of obtaining a business license in Dubai is simple and quick compared to many other destinations. The government in Dubai is constantly seeking to improve and develop this process, thus enhancing the emirate’s attractiveness as a global center for business and investment.
Given these advantages and facilities, it cannot be denied that having a business license in Dubai represents an important and crucial step for the success of any ambitious business venture. It provides the legal and regulatory foundation that allows companies to grow and expand in this promising and thriving market.
Frequently asked questions about the commercial license in Dubai
What are the types of business licenses in Dubai?
There are several types of business licenses in Dubai, including a general business license, a professional license, an industrial license, a tourist license, a free trade license, and others. The type of license depends on the nature of the business activity.
What documents are required to obtain a business license in Dubai?
In general, the process of obtaining a business license in Dubai requires submitting documents such as a passport, proof of identity, rental contract, and others. However, requirements may vary depending on the type of license and company activity.
What is the time period for issuing a trade license in Dubai?
The process of issuing a commercial license in Dubai is characterized by speed and efficiency. Usually, the license is issued within 3 to 5 working days, provided that all requirements are met.
Are there tax exemptions associated with a business license in Dubai?
Yes, companies that obtain a business license in Dubai enjoy attractive tax exemptions, such as income tax exemption. These tax incentives enhance the emirate’s attractiveness as a business destination.
