Get a Trade License to do Business in the UAE
There are different types of trade business licenses that enable you to carry out commercial activity in the Dubai, United Arab Emirates. These are issued by the Department of Economic Development for the emirate you plan to do business in. For example, the Sharjah Economic Development Department (SEDD) regulates commercial activity in Sharjah and the Department of Economic Development – Ajman tends to matters of company formation in Ajman. If you intend to run a business establishment in Dubai, it is essential that you have the right kind of Business License in Dubai.
Let us take a look at the different types of trade licenses issued in the UAE
1. Commercial License
A Commercial License is for the purchase and sale of goods and/or services. Some of the business establishments that need a Commercial License in Dubai UAE include Trading Companies, Real Estate, Logistics, Distribution, Export-Import, Rental Services, Facility Management Services, and others.
2. Industrial License
An Industrial License is required when the business is into manufacturing or other industrial activities like packaging or refining petrochemicals. To be granted an Industrial License, the company must have a physical presence in the United Arab Emirates.
*Additional permits may be required, depending on the type of industrial activity undertaken by the business establishment.
3. Professional License
As the name suggests, a professional licence is a kind of trade license that is issued to professionals who wish to carry out their trade in the country. Examples include doctors who set up medical practices, lawyers who set up law firms, engineers who set up technical consultancies, or business professionals who set up business consultancies. It also applies to IT professionals.
4. Tourism License
This class of license is issued specifically to those operating in the travel and tourism sector. It was initiated by the Department of Tourism and Commerce Marketing (DTCM) after realizing the tourism potential of Dubai. It applies to tour operators, players in the hospitality industry (such as hotels and resorts), ticketing agents, and others.
How to get Business Licence in Dubai, UAE?
A&A Associate LLC has a team of the best business setup consultants in Dubai who can help you secure a Business License in Dubai for your commercial establishment. For more information, please contact us to see how we can be of assistance in this regard.
A trade license is one where you obtain to sell tangible goods and a business license is one where you sell service-based business.