Trade License Dubai
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How To Get A DED License In Dubai?
An important reason to set up a business in Dubai is that the city makes it easy for budding and
enthusiastic entrepreneurs to avail of a trade license that is hassle-free within a very short wait
period. To acquire a trade license in Dubai and bring your vision to life, read further for the trade license Dubai requirements and the trade name registration process we can help you with.
Name And Category Of The Business
Make sure your trading name adheres to the UAE guidelines and should not be currently in use by any other business. The name should closely be related to what kind of activities your business will undertake.
Select Business Activity
You will need to list out how your company will run and the type of activities it will partake in. Keep in mind to list out all the activities that your company will partake in and remember that a maximum of 10 activities will be provided under one trading license.
Business Location & Office Space
It should be noted that for a commercial license to be obtained, the company must have an office space here. Once you determine the business location where you wish to acquire the licence, we can provide you with a virtual desk or even your personal serviced office space for rent so you do not face any trouble with the authorities.
Documentation & Application
Our agents will submit all the required paperwork and documents (as below) along with the required fees to ensure no inconsistencies ensuring a smooth procedure to get it within just a few weeks.
- Duly filled-in application form
- Passport copies and photos of signing members
- Residence visa copy (if applicable)
- Copy of Emirates ID (if applicable)
Types Of Trade Licenses In Dubai
Once you have your corporate bank account setup, Depending on the type of business you have in mind and wish to set up, related licenses will have to be acquired that fall under the category of the type of business you have chosen. The most common licenses that are purchased are the commercial license, professional license, industrial license and tourism license. Below you will find a brief summary of each of the licenses mentioned.
Commercial License
For doing activities related to providing services or selling goods commercially, businesses have to get commercial licenses. For example, retail business, catering, wholesale business and more.
Professional License
The professional license works differently as you cannot sell products or services based on your interest, like in commercial licenses. With a professional license, you can provide services based on your profession. For example, lawyers, doctors, engineers and many more.
Industrial License
Activities that involve manufacturing goods can be conducted by getting an industrial license. They are mainly required when someone wants to set up a plant or factory. For example, textiles industries, food-producing industries and many more.
Tourism License
Starting business-related tourism requires you to apply for a tourism License. Applying for a tourism license requires the owner to have a diploma or degree in tourism. For example, hotels, restaurants, cruise boats, tourist camps and rentals etc.
Favourable DED Trade Licence Activities
Whether you have a pre-established business or starting a new one by going online, you can tap into booming markets that are more beneficial. Thus, many established or new businesses moving online try to look for trending business activities that work well. Some of the business activities in Dubai that are most beneficial and you can also do with a DED license are mentioned below:
- Financial Services
- Oil and Gas Sector
- Food Industry
- Tourism
- Real Estate Agency
DED Trader Licence Activity List
You can do many business activities with commercial, industrial, professional, and tourism licenses in Dubai. Some of these include business activities mentioned in the below list of business activities in Dubai:
Commercial License Activites | Professional License Activites | Industrial License Activites | Tourism License Activites |
|---|---|---|---|
Selling Livestock, Meat
| Animal Welfare Organization
| Machinery and Appliances Manufacturing | Hotels
|
Banks, Finance, Real Estate, Investments | Business and Professional Organizations | Nets and Ropes Manufacturing | Rental Boats |
Childcare, Beauty Essentials | Business Council
| Fish Canning and Freezing | Travel agencies |
Art Creation | Agricultural | Fertilisers Manufacturing | Car Rental Firms |
Animal Skin Selling | Medical Clinics
Translation Services
| Oven and Stove Manufacturing | Restaurants
|
Trading Stationery Products
| Marketing | Bread Manufacturing | Tourist Camps |
Packaging Materials, Paper Selling | Events and Exhibition | Equipment and Engines Manufacturing | Travel Agents |
Cinema and Theaters | Engineer | Charcoal Production | Floating Restaurants |
Broadcasting | Consultancy Management | Carpet Manufacturing
| |
Communications | NGO Charity | Coating, Insulations | |
Maintaining Buildings | Typing Services | Plastic Industries
| |
Trading Building Materials | Beauty /saloon | Manufacturing of Chemicals | |
Contracting and Building Works | Social clubs | Glass Industries | |
Consumer Stores | Education and Applied Studies
| Casting of Steel and Iron | |
Domestic Gas Distribution | Farming and Fishing
| Food Industries | |
Cleaning Gear Trading | Businessmen Forum | Other Metal Industries | |
Car Renting and Transportation | Cleaning | Steel Workshop | |
Cooperation Societies | Information and Marketing | Stationary Manufacturing | |
Trading Spare Parts | Tailoring and Design | Textiles Manufacturing |
Benefits Of Dubai Business Licence
With the growing number of businesses that are being set up in Dubai, the city has become a
famous destination for many entrepreneurs. This is because of the various benefits that these
businessmen acquire along with their profits. The trade license is is the most preferred licenses due to the mentioned benefits:
- You will be sure to benefit from its tax-free* policies. So you can enjoy many tax benefits.
- Second to that would be that it comes with low import duties that will make acquiring raw materials much cheaper.
- You will find yourself void of any currency and trade restrictions because of the various tax benefits which will open up for your business.
- The license can be used to sell the service or product not just domestically but internationally as well.Thus promoting local and international trade.
- You can trade a large number of products under a single license.
- Setting up a business becomes a piece of cake once the licence is obtained saving your time and effort.
- It provides the benefit of making it easy to sponsor visas for foreign employees and family .
- Trust and credibility within the market will develop for your business making it easier for you in an unfamiliar country.
Process Of Renewing Trade License In Dubai
- A copy of the space lease contract.
- An original or a copy of the trade license.
- If necessary, approval from the relevant authorities.
- If the company has a foreign shareholder then the details of the employees’ accommodation.
Learn more – Steps for Dubai trade licence renewal
Trade License Dubai Cost
A general trading license cost in Dubai can vary from anywhere between AED 7,000 to
AED 50,000 and could go further. Various factors play a big role in making such a massive difference in the margin of Trade license Dubai fees such as type of business, type of visa, business registration, third-party company formation agency fees and whether the place
of business should be set up in mainland Dubai or other parts of the city, among many
others.
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