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Commercial license fees in Dubai and types of commercial licenses

١١ أبريل Commercial license fees in Dubai and types of commercial licenses

In Dubai, trade licenses are one of the essential elements that anyone who wants to start a business needs. The types of business licenses vary according to the business activity and location of establishment, allowing investors to choose the type that best suits their specific requirements. These types include industrial, commercial, service, and professional licenses, each of which has different conditions and requirements that those wishing to establish must review carefully. Commercial license fees in Dubai also vary depending on the type of license and the region in which the company is established, as these fees include processing costs, licenses, and administrative services provided by the relevant government agencies. These fees aim to support the economic infrastructure and stimulate investment in Dubai , making Dubai a preferred destination for global business and investments.

Commercial license fees in Dubai and types of commercial licenses

Commercial license fees in Dubai and types of commercial licenses

Trade license fees in Dubai

Business license fees in Dubai vary depending on the type of license and the chosen business activity, in addition to the location in which the company is established. These fees typically include costs for application processing, licensing, and administrative services provided by government agencies. These fees are precisely determined by the competent authorities and are subject to adjustments based on economic and regulatory policies.

Knowing the costs of business licenses in Dubai is very important for anyone intending to establish a business, as it contributes to determining the initial establishment and investment costs in the company. There are consulting entities such as Atqan that help those wishing to obtain accurate information about these fees and provide support at all stages of setting up a company in Dubai.

Types of business licenses in Dubai

Commercial licenses are a service provided by the authorities in Dubai to customers to obtain an official approved document to start a commercial and economic activity in Dubai. The customer pays the value of the commercial license fees in Dubai in order to receive it and complete the rest of the procedures and start working. Here is the following table showing the types of commercial licenses available in Dubai.

Type of licensethe description
Business licenseIt allows companies to engage in general commercial activities, such as selling goods and services. It requires a certain capital and is subject to certain conditions approved by government authorities.
Industrial licenseIt allows companies to produce goods and products within the emirate, and often requires a designated space for production and special approvals approved by the emirate’s authorities.
Service licenseIt is allocated to companies that provide services without producing goods, such as consulting, educational, medical, e-commerce, and others.
Professional licenseIt concerns individuals practicing certain professional activities such as medicine, engineering, law, accounting, design, the arts, and many other individual and professional services.
Literal licenseIt concerns manual and craft activities such as blacksmithing, carpentry, sewing, and other traditional activities that are carried out manually or manufactured in small workshops.

These licenses reflect the diversity of possible business activities in Dubai, allowing investors to make the best choice according to the type of activity and specific business needs.

The importance of commercial licenses for establishing companies in Dubai

Commercial licenses provide legitimacy to companies and individuals to conduct commercial activities within the Emirate of Dubai, which maintains legal compliance and guarantees the rights and duties of the parties involved. Commercial licenses in Dubai are also of great importance for several main reasons, including:

  • Facilitating business and investment: Commercial licenses contribute to facilitating administrative and financial procedures related to establishing and operating companies, which attracts investors and enhances Dubai’s position as a global investment destination.
  • Enhancing trust and transparency: Obtaining an official commercial license contributes to building trust between companies, customers and business partners, as the license indicates commitment to professional and ethical standards.
  • Access to government benefits: Business licenses provide access to government benefits such as financial support, tax facilities, and logistical support, which enhances growth and expansion opportunities for companies.
  • International Market Access: Through trade licenses, companies can access global markets from Dubai as a base for international operations, enhancing export potential and international expansion.

In short, trade licenses in Dubai are not just an administrative procedure, but rather an essential element that enhances the chances of success and continuity for companies in the growing and dynamic business environment in the emirate.

How to obtain a trade license in Dubai

Determine the type of business activity in that you must determine the type of business activity you wish to practice, whether it is commercial, industrial, service, or professional. To obtain a commercial license in Dubai, several basic steps are followed, including:

  • Choosing the location and region: The appropriate location must be chosen to establish the company, whether it is in one of the free zones or in the local market outside the free zone.
  • Registering the company name: The proposed company name must be registered to ensure its availability and compliance with local regulations and laws.
  • Preparing legal documents: The necessary documents must be prepared such as the application form, required agreements, and personal documents of shareholders and directors.
  • Submitting the application and payment: After preparing the documents, the application for obtaining the commercial license is submitted to the competent government authority and the required fees are paid.
  • Obtaining the necessary approvals: The process may require obtaining approvals from the competent authorities, such as the Business Regulatory Authority and other government agencies, depending on the type of activity.
  • Receiving the commercial license: After approval and payment of fees, the commercial license is received, which confirms the legality of practicing commercial activity in Dubai.

It is also a good idea to obtain advice from specialized companies such as Atqan that provide services in business management and issuing licenses, to facilitate the process and ensure compliance with all legal conditions and requirements.

Tips for obtaining commercial licenses in Dubai

To facilitate the process of obtaining commercial licenses in Dubai and increase the success of the process, here are some important tips:

  • Study the market and commercial activity: Before starting, study the local market and determine the type of commercial activity that is appropriate for you, in accordance with the needs of the market and the laws of Dubai.
  • Professional advice: Consult specialized companies such as Atqan to obtain advice and guidance on license extraction procedures and available government facilities.
  • Choosing the optimal location: Choose the appropriate location to establish the company, whether in a free zone or in the local market, based on the type of activity and your requirements.
  • Financial Planning: Prepare a detailed financial plan that includes license costs, necessary capital, and expected additional costs during the start-up period.
  • Documents and Procedures: Ensure that all necessary documents such as personal data, contracts, approvals, and required forms are collected accurately and on time.
  • Compliance with Laws and Regulations: Ensure compliance with all local laws and regulations in Dubai, which include financial, environmental and labor controls.
  • Communication with relevant authorities: Maintain continuous communication with relevant government agencies during the license extraction process to ensure a smooth process and resolve any problems that may arise.
  • Prepare for potential challenges: Be prepared to deal with potential challenges during the licensing process, such as delays in approvals or changes in requirements.

By following these tips, you will increase your chances of successfully obtaining commercial licenses in Dubai and achieving your business goals more efficiently.

Types of business licenses in Dubai

Types of business licenses in Dubai

Documents required for commercial licenses in Dubai

To obtain a business license in Dubai , the following papers are usually required:

  • Application form: You must fill out the official application form to obtain a commercial license from the competent government authority.
  • Personal documents: A copy of the passport of the main shareholders and managers, with a certified copy provided.
  • Business Plans: A breakdown of the proposed business activities and financial business plans of the company.
  • Legal agreements: If there are special agreements or contracts between shareholders or partners, copies of them must be provided.
  • Business Address: Proof of the company’s chosen business address in Dubai must be provided, such as a lease contract or similar document.
  • Financial documents: Some cases require proof of the company’s financial capacity, such as financial reports or bank statements.
  • Government approvals: Operations for some activities may require special licenses and approvals from competent authorities, such as the Business Regulatory Authority.
  • Personal photos: of managers and shareholders, with certified copies provided.

The required documents depend precisely on the type of business activity and the requirements of the relevant government agency. To ensure completion of all necessary documents and compliance with legal requirements, it is recommended to communicate directly with specialized consulting companies such as Atqan, which provides support and advice in the process of obtaining commercial licenses in Dubai.

At the conclusion of this article, it can be said that Dubai provides a wide range of commercial licenses that suit various types of commercial activities, whether commercial, industrial, service, or professional. The required fees vary according to the type of license and the location where it is issued, allowing investors to make the appropriate choice according to their needs and business aspirations.

By benefiting from professional advice and knowledge of local government laws and regulations, investors can complete the business license process smoothly and efficiently. In conclusion, Dubai is a preferred destination for business and investments due to its dynamic economic environment that supports thriving businesses.

Frequently asked questions about types of commercial licenses in Dubai

What types of business licenses are available in Dubai?

Types of commercial licenses in Dubai include general, industrial, service, professional, and craft commercial licenses, allowing investors to choose the most appropriate type for their business activity.

What are the differences between companies named in Dubai and companies in free zones?

Companies named in Dubai are subject to local laws and need a local partner (sponsor), while free zones provide exemptions from taxes and the need for a local partner.

Can foreigners obtain 100% ownership of a company in Dubai?

In free zones, foreigners can take full ownership of the company without needing a local partner, but in old Dubai foreigners need a local partner.

What services do service providers like Atqan offer in company formation processes in Dubai?

Service providers like Atqan offer multiple services that include document preparation, application submission, legal advice, and assistance in organizing administrative and logistical matters to facilitate the process of establishing companies.