Trade License

Procedure for Trade License

As entrepreneurs from across the globe rush into the country to enjoy a tax-free environment it possesses, it is essential for them to know about the processes involved in setting up a business in UAE. For every business entity to function in the country, they require an approval from the government to start its activities which is why trade licenses issued by the Department of Economic Development (DED) are mandatory. Trade licenses are categorized into four depending on the different types of business activities.

Trade License Category

Dubai’s work industry requires four main licenses. Companies in Dubai can apply for any of the following licenses:

Trade Licenses For Specific Industries

Obtaining a trade license is the same as registering a company with the government. But, before applying for a trade license, it is crucial to determine the type of business activity you wish to undertake, have a name for the business and have the Memorandum and Articles of Association ready to be submitted to the Department of Economic Development (DED). At Al Khat Al Aali Businessman Services our experts will aid you to pass through the dilemma in figuring out the type of business activity to be carried out.

Step to Get Trade License

Acquiring a trade license in Dubai can be simple. Do check to complete the following legal requirements for the respective government authorities.

Al Khat Al Aali Businessman Services will ease up the process of getting the trade license issued by procuring all the necessary documents from the concerned departments and submitting it to the DED. Our dedicated team can assist in all possible ways to get things done in a quick and professional way.

General Trading License

General trade license is needed by businesses in trading, exporting and importing products. Goods like electronics, furniture and food should get this license. This license permits companies to trade locally inside the UAE. Moreover, it also allows you to trade with markets across the globe. General trading licenses in UAE allow businesses to trade in mixed goods. This means that a business can export, trade and import any number of goods like toys, building materials or cosmetics.

The Department of Economic Development (DED) is a government body that offers these licenses. It serves to individuals and corporate entities who start businesses in Dubai mainland. Every business requires a special consent from the respective ministries. Alongside, it must gain approval from other authoritative establishments. DED supports the growth of new business, renewals and greater profits.

Benefits of General Trading License

Trade License Renewal

All enterprises in Dubai, need to renew their Trade Licenses each year. Licenses are legal approvals that enables businesses to function according to the business procedures in the UAE. The license must also agree with the rules of the government. This step can accelerate your businesses towards faster growth and greater revenues.

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315 Damascus Street - Al Qusais Industrial Area - Dubai

Email

info@akvisacenter.com

Phone

+971 55 101 0221

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    Al Khat Al Aali Businessman Services is a firm that provide Business Setup, License Renewal, Employment Visa, Medical Typing, Emirates ID Typing, Business Consulting and apart from that also provides services to various facets of Government, Non-Government, Private and Academics Sectors in Dubai.

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