Get Your Company Trade License in Dubai, UAE
When starting a business in Dubai, one of the most important documents you need is the Trade License. A trade license designates the business activities that your company can conduct across the UAE.
According to the law, the Department of Economic Development (DED) is responsible for all regulations for all businesses set outside the free zone. Moreover, since non-GCC nationals are not permitted to own the majority of the shares, the UAE has issued a system of shared ownership, which allows GCC nationals to own 51% of the company unless you set your business in the free zone.
Depending on your company’s location and license type, the general cost of getting a trade license in Dubai can be up to AED 40,000.
There are three types of trade licenses to be obtained in Dubai:
- Industrial trade license
For businesses that focus on industrial and manufacturing services. - Commercial trade license
This license is for different types of trading activities. - Professional trade license
This trade license is for service providers, professionals, and artisans.
Benefits of getting a Trade License in Dubai:
- Set up your business faster.
- Save time and money.
- Issue the right type of license.
- Renew your current trade license.
The process of getting a trade license in Dubai, UAE can involve a lot of rules, regulations, and procedures. You must first select a trade name, get the related memorandum and articles prepared, and then apply for the DED approval. There is a high chance of mistakes. Global Link trade license services aim to make the entire process of getting a trade license in the UAE quick, easy, and reliable. Our business specialists commit to helping you through each step of the process and offer friendly advice for any queries you might get. We make sure that you are not caught unaware and help you avoid any undesirable overheads.
The requirement for opening a company in mainland Dubai are mostly like those for companies in the city’s Free Zone. At Global Link, we take care all legalities and compliances involved and ensure that you can focus on your business responsibilities with any undue stress.
Contact us today to get hassle-free and reliable Trade License services in the UAE region.
Drop us an email at: [email protected]
WhatsApp us: +971 55 624 8982
Call us: +971 04 553 9901
+971 04 447 1286
Toll free No. 800 GLINK
or visit us at:
Office 706, 7th Floor, Bayswater Tower, Business Bay, Dubai, UAE
FAQ
To get your mainland trade license in Dubai, you need to apply to the Department of Economic Development (DED). Before registering your trade license in UAE, you need to designate a business category, list your business activities, choose your legal status, and select an appropriate trading name for your business. Once you get the initial approval for your trade license, you have to register your trade name and lease an office space before proceeding with the rest of the registration process. If you choose professional activities, the you will require a local service agent.
To renew a trade license in Dubai, you need a tenancy contract with a validity of at least 6 months. You will have to submit the license renewal application with DED, along with the required documents and payment. The required documents to renew a trade license in Dubai, UAE, include:
- Ejari Registration Certificate and a photocopy of Tenancy Contract
- Photocopy of the current business trade license
Once you have submitted your documents for a trade license in Dubai and paid the license fees, you can track the status of your application on the DED official website. The DED usually issues the original UAE trade license to you within a week.
You can apply for a trade license in Dubai directly with the DED. However, the process needs an understanding of the language as well as the rules and regulations involved. So, it is advisable to apply for a trade license in UAE through experienced business setup consultants like Global Link.
The trade license in Dubai can cost anywhere from AED 12,250 (Free Zones) to AED 50,000. And anywhere from AED 6000 to AED 40,000 It can go even higher depending on any special approvals you might need from the government. The cost of a trade license in Dubai also varies depending on factors, such as business partners, operations, location, and company structure.
Trade licenses in UAE are only valid for one year. You can verify your trade license validity by checking the issue date on your trade license or by logging online on the DED website.
Department of Economic Development has the sole authority to issue trade licenses in Dubai. To run a business anywhere in Dubai or elsewhere in the UAE, you will be required to complete different procedures to obtain the trade license from the DED.
If you want to set up a mainland business in the UAE and do not want to lease an office, you can apply for an instant trade license in Dubai. With an instant trade license, you do not need an office or registered trade name for the first year of your business operation.
To get a Free Zone Trade License in UAE, you have the option of getting a Flexi-desk office rather than leasing a physical office space.
To cancel a trade license in Dubai, you need to get proper clearances from the government authorities. The process and steps involved in canceling a trade license in UAE will depend on whether you are a sole proprietorship, a shareholding company, or a Free Zone Company. If qualified, you also have the option to apply to freeze the trade license in Dubai.
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