Foreign investors starting any type of business in Dubai must pay attention to the requirements of the Company Law which provides for all the steps one must complete in order to have a company up and running. One must also pay attention to the business license they need to operate, as this reflects the operations the business will carry out. A Dubai company may apply for one of the following licenses:
Our company formation representatives in Dubai can offer complete information about each type of business license.
Obtaining the business license is perhaps the most important part after setting up the company in Dubai. The most employed type of business permit is the trade license, also referred to as the commercial license and which designates most of the activities that can be carried out across the UAE. The trade license is issued by the Department of Economic Development (DED) in Dubai.
In order to obtain the trade license for one’s company in Dubai, one must first select a trade name, have the Memorandum and Articles of Association prepared and then filed with the DED for initial approval. One must also have a rental agreement as proof of the registered address of the Dubai company. Then the application for the trade license can be filed.
The following documents must be presented to the Trade License and Commercial Registration Department within the DED when applying for a trade license in Dubai:
One must also pay attention if any other special licenses are required.
For assistance with the company registration and trade licensing procedures, please contact our Dubai company incorporation agents.