Business Trade License Dubai, UAE
The process of getting a business license in the UAE involves getting approvals from the government and the economic department. You also need to get all your company formation documents cleared from different UAE agencies within a short time period. For first-time investors, this process can be confusing and expensive.
Types of business trade license required to start a business in the UAE
The Department of Economic Development has listed thousands of activities but streamlined major businesses under four business trade licenses in Dubai & UAE.
1. Commercial License
Commercial Trade License in the UAE is for companies engaged in buying or selling goods. For trading within UAE or even outside the country a commercial business trade license is a must. Some of the business activities held under a UAE commercial trade license are imports and exports, trading of products, rental services, brokerage rms, logistics rms, real estate, etc.
2. Industrial License
Industrial Trade License in Dubai and across the UAE is issued to businesses involved in industrial and manufacturing activities. You need to have a physical oce inside the country for this license. Some of the notable activities are manufacturing of any kind of products, casing of products, furnishing of products and packaging of products.
3. Professional License
Professional Trade License in the UAE are a mandate for service-oriented companies. 100% ownership is offered under a professional trade license but requires a local service agent to complete the process. Professional license can undertake business activities such as management consultancies, law rms, marketing & designing, auditing & accounting companies, IT services. medical services, educational institutions, etc.
4. Tourism License
Dubai is positioned as the leading tourism destination visited by tons of people every year. Aiming to regulate tourism industries in the UAE – the economic department ant the DTCM initiated tourism license in the UAE. Tourism License in the UAE need to be obtained by businesses such as travel agents, tour operators, hospitality industry, etc. learn more..a Find out which business license is right for your UAE business
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