All companies based in Dubai must obtain a commercial license, as this license enables them to buy and sell various products and services. It is worth noting that it allows the trading of products in addition to providing limited services through the commercial license. Goods can also importe and sell in the Emirates or exported abroad. The state, in addition to the possibility of engaging in trade within local markets, and the UAE government has specified the commercial licenses in Dubai steps and costs, in addition to the documents required to obtain them.
Commercial licenses in Dubai steps and costs
The commercial license allows the provision of specific services in addition to the trading of various products according to their type. It is worth noting that these products can exporte abroad, sold in the Emirates, or operated within local markets. The commercial license enables the sale of everything, whether food or toys. It also allows the company to provide wrapping and packing services. For these products, the license also includes real estate brokerage services. It is worth noting that there are multiple steps that must follow so that the investor can obtain a commercial license in Dubai according to the type of company he wishes to establish. This is something that takes time and effort, but if you communicate with Tasyeir business in this matter. It will be much easier, as for the steps, they are as follows:
Select the business
To obtain a commercial license in Dubai, you must first determine the commercial activity for which the company will establishe. You can choose from more than 2,000 commercial activities to determine the desired activity to obtain a commercial license for. It is worth noting that the activities vary between commercial, industrial, professional, and tourism activities. View the complete list from the Department of Economic Development website and determine the appropriate activity for the company.
Choose the company’s location
Choosing the appropriate place in which one would like to create and establish a company is among the basic things that must be done in order to obtain a commercial license. A company can create and established in one of the different areas of Dubai or one of the available free zones. It is worth noting that there are many advantages that the investor obtains if the company is established. Whether within the territory of the state or in free zones, including establishing it easily within a short time and exemption from tax. In addition to the absence of restrictions on currency and the provision of business support services. However, if the choice is made to establish the company within the territory of the state, many licenses can obtain. And it is also possible to directly work in the market. United Arab Emirates, in addition to making profits by signing various government contracts.
Choose a company name
Determining the name of the company is one of the important procedures for its establishment. As it must express its activities if it is not affiliated with any other company. And the investor must adhere to the naming laws approved within the Emirates. Where he must not use offensive and inappropriate phrases, names of other companies. Or well-known abbreviations, as well as, it assumed that a name that has not been used before is used.
Submit an application for a license
The last stage that can do in order to obtain a commercial license is to submit an application to obtain it. And this is after specifying the name of the company, its activities, and its headquarters. This did by submitting papers and documents to the Department of Economic Development in Dubai so that they can review. And the company opened and licenses are granted at the same time, and it must also obtain all approvals required to obtain it.
Cost of business licenses in Dubai
The cost of a commercial license in Dubai varies depending on the type of institution or company desired to be established. It is worth noting that there are some costs that the investor must pay, which are as follows:
- Permit registration fees, in addition to knowledge fees.
- In addition to the innovation fee.
- As well as, fees for advertising the company’s commercial name.
- Fees for obtaining the service application form.
- As well as, from 1000 to 3000 AED for the external commercial name.
- Legal commercial fees within the UAE, especially Dubai.
- If you wish to obtain a free zone license, you must pay the required fees.
- As well as, you pay fees for establishing a business center in the Emirate of Dubai.
- Construction work implementation fee.
- Fees for obtaining a dealer license.
- The value of the fees to obtain a license to start the project.
Tasyeir business company behind every investment success
We have presented to you commercial licenses in Dubai steps and cost, how they can obtain. And which company can help you obtain and manage them. It is worth noting that the commercial license has multiple advantages that vary depending on the place in which the company is established, in addition to the type of activity practiced by it.
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