There are many challenges to doing business in Dubai. Familiarizing yourself with cultural differences is one of them and something which you can easily get over with time. Besides, you need to acquaint yourself with alternative working weeks and a different concept of weekends.
The biggest challenge, however, lies in overcoming the language barrier. Arabic is the official language of the city. Documents are only officially recognized in Arabic and have to be stamped by the department after department which can turn out to be a time consuming and expensive affair for those not acquainted with the procedures.
Determining the Business License
There are different types of licenses available in Dubai. Depending on the type of business activity, you must choose the license. Here are the primary licenses in Dubai.
Commercial Trade License in the UAE is for companies engaged in buying or selling goods. For trading within UAE or even outside the country a commercial business trade license is a must. Some of the business activities held under a UAE commercial trade license are imports and exports, trading of products, rental services, brokerage firms, logistics firms, real estate, etc.
Professional Trade License in the UAE is a mandate for service-oriented companies. 100% ownership is offered under a professional trade license but requires a local service agent to complete the process. The professional license can undertake business activities such as management consultancies, law firms, marketing & designing, auditing & accounting companies, etc.
Industrial Trade License in Dubai and across the UAE is issued to businesses involved in industrial and manufacturing activities. You need to have a physical office inside the country for this license. Some of the notable activities are manufacturing of any kind of products, the casing of products, furnishing of products and packaging of products.
Once you determine what type of license is best for your business, all your woes begin. It starts with the process of applying for the license in an unknown language. All those who have applied for a license before know how tedious and stressful it can get. And for those unfamiliar with the national language, the going can get a lot tougher because it involves ceaseless trips to government offices, waiting in long lines and understanding and acting upon information catered in Arabic.
The involvement of separate departments as approving entities invariably leads to confusion and wastage of time and resources. Worst, you may land up to find rules or laws that have changed overnight. All these together lead to a serious communication gap with the result that you may end up getting the wrong license. Much of these woes can be overcome with the help of professional help.
Paperwork and Documentation
There are many ways by which we make the license procuring process easy for you. Besides providing you advice on what type of license to seek your business, we do all the paperwork for the issuance of the license. Having been in this field for many years, we are thoroughly aware of the rules, regulations, and timelines of each jurisdiction, and so guarantee error-free paperwork to our clients. Besides, we have trained individuals who liaison with government departments to clear kinks in the process of obtaining the license.
Some of the documents required to obtain a business license are –
- A standard application form must be filled out and signed by the company’s legal representative
- The company’s statutory documents, both in original and copy
- The DED’s letter with the approval of the company name
- The DED’s letter attesting the approval for setting up the company
- The tenancy agreement
- All shareholders’ details (copies after their passports)
These are the basic documents required, apart from other documents depending on the type of business license you opt for.
All these require multiple trips to government offices. We undertake the trips with regularity to ensure things get done on time. Finally, when you have to be present before the officials for verification and signing of documents, we take you to the concerned departments.
How to Obtain a Business License in Dubai?
If you plan to get your company open in Dubai, first obtain your business's trade license. These are the steps you need to follow for getting the business license:
1. Finalize the Category and Activities of your Business
In the first step, settle your business under the categories of commercial, industrial, and professional.
2. Get a Trade Name
Obtain an appropriate name for your business suitable for the business activities.
3. Acquire the Required Approval from the Government Authorities
Get your eternal approvals if required and internal approval from the government authorities and arrange the MOA (Memorandum of Association).
4. Select Your Business Location
Finalize the business space according to the feasibility of the business activities and requirements.
5. Submit the Application to DED
Get your license by submitting all the necessary documents to DED after completing the payment procedure.
How can we help?
While the process of applying for a UAE trade license is not overly complex, it does require a level of prior knowledge of the process. What’s more, it is important to note that the application process is only straightforward if your trade license application is complete at the time of submission and free from errors.
We have helped many companies in a variety of business sectors set up their business in the UAE. Our experience gives us a wealth of knowledge about what works in the UAE markets. Banking on our experience you can live your dream of running your operations from Dubai.
How much time does it take to obtain a business license in Dubai?
Three days to a few weeks.
Can I get an e-commerce business license to incorporate my company in Dubai?
Yes, you can obtain an e-commerce license.
What are the types of e-commerce trade license?
Virtual Company license
How much does it cost to get a business license in Dubai?
AED 1070 (license fees and knowledge and innovation fees) + AED 300 (Dubai Chamber membership fees).
What are the benefits of a business license in Dubai?
Local and global trade
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