How to Get an Instant Trade License in Dubai?

The instant trade license, or instant license in Dubai, is exactly what its name implies. It is ideal for entrepreneurs seeking a quick business setup. An instant trade license in Dubai allows businesses to operate almost immediately by eliminating lengthy approval processes. This instant service was introduced to increase the ease of doing business and attract more investors and entrepreneurs in Dubai. Issued by the Dubai Department of Economic Development (DED), this license is popular for various reasons. Some of them include same-day approval, no requirement for an office space, and a trade name during the first year of operations.

Are you interested in applying for the Dubai instant trade license? Read this blog to understand the details of the same.

Eligibility Criteria to Apply for a Dubai Instant License

In Dubai, businesses with only certain legal forms are eligible to apply for the instant license. These structures include Limited Liability Company (LLC), sole proprietorship, civil company, and one person LLC, also called LLC Single Owner (LLC – SO).

You do not require any external approvals for obtaining an instant trade license in Dubai, depending on your business activity and legal forms. 

Steps to Obtain an Instant License in Dubai

You must follow the steps mentioned below to obtain the instant license in Dubai:

Step 1 - Firstly, you need to determine the type of business activity that you plan to perform. A wide range of business activities are permitted by the DED for obtaining an instant trade license in Dubai.

Step 2 - Decide a jurisdiction where you want to start your business. You can choose between Dubai mainland and free zones based on your specific business goals and requirements.

Step 3 - Select a business structure as per your specific requirement. The available options are sole proprietorship, civil company,  LLC, and LLC – SO.

Step 4 -  Pick a unique trade name that abides by the UAE naming regulations and apply for approval.

Step 5 - Submit all the required documents along with the application to the relevant authorities. Some of the common documents needed for obtaining an instant license in Dubai include passport and visa copies of all shareholders, no objection certificate, passport size photographs, Emirates ID, and a business plan. 

Step 6 - Pay the requisite fees and avail your Dubai instant license.

Obtaining a Dubai instant trade license offers a swift and efficient way to kickstart your business journey. Commitbiz LLC specialises in business incorporation, guiding entrepreneurs to navigate the entire business setup process smoothly. Ready to embark on your journey? Contact us now!