Trade License
Trade License
A trade license is a mandatory legal document issued by the Department of Economic Development (DED) or other relevant authorities such as Free Zone authorities.
Once you register your company, the trade license highlights the nature of business activities that a company or an individual is authorized to undertake within the UAE.
The trade license is a vital aspect of establishing a company in Dubai’s mainland or free zone areas, enabling the smooth import and export of materials to and from the UAE.
Companies in Dubai Free Zones are eligible for a Dubai trade license. Professionals who offer industry-specific services are also able to apply for a Dubai trade license.
Types of Trade Licenses in the UAE
- Commercial License: Designed for businesses involved in trading activities, including the buying, selling, and distribution of goods.
- Professional License: Specific to service-oriented businesses, such as consultancies, accounting firms, legal services, and healthcare providers.
- Industrial License: Ideal for businesses engaged in manufacturing or industrial activities. This permit covers the production, manufacturing, packaging, and export of goods.
- Tourism License: Caters to businesses operating in the tourism and travel sector, including travel agencies and tour operators.
Documents required for Trade License Application:
- Approved company name and business structure
- Initial approval from DED
- Signed application by each corporate manager
- Memorandum of association
- Passport Copies of all managing partners
- Tenancy contract for proof of address
Benefits of Trade License in Dubai
Many business owners want to establish branches or organizations in the UAE because of the nation’s numerous business advantages. Here are a few of the key advantages of obtaining a trade license in Dubai.
- Increase both domestic and foreign trade
Boost your credibility
Several Trade Restraints
Simple Setup
Sponsorship Possibilities
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