Commercial Business License in Dubai
If a person wants to start a business in Dubai that involves buying or selling business activities or goods, there are currently some legal criteria that they must obtain a commercial license from the relevant authorities and obtain other related approvals. A commercial license is issued to a company engaged in any type of commercial activity. Dubai's commercial licenses allow companies to do business in the UAE or even outside the UAE. All companies operating in Dubai should apply for one of the available licenses and evaluate whether it is necessary for your business. A commercial license is one of the most popular business permits because it allows a company to engage in business relationships and therefore is highly preferred.
A commercial business license in Dubai is very important for an entrepreneur who wants to start a new company in Dubai, UAE, or a company that has multiple business operations. Commercial licenses are always subject to L.L.C. As suffix. This means that the company’s liability is limited. A business license is mandatory if you are going to start wholesale business in Dubai. Since all consultancy businesses are under professional license and any type of commodity trade is commercial, it is important to understand what legal form is required to form a new company. If a person wants to start a business in Dubai or if a person engages in buying or selling activities or businesses that involve trading in Dubai, they must obtain a commercial license from the respective authorities otherwise legal action will be taken.
Documents required for a commercial license in Dubai
Application form indicating the name of the company in English and Arabic
Licensing of banks and other financial institutions must be approved by the Central Bank of the UAE
Original lease agreement for the registered address of the company
Licensing of construction companies must be approved by the Ministry of Finance and Industry.
Permission granted by the Dubai Municipality Building Department to use the office space as the company's business address
In addition, business registration must be in partnership with the Dubai Chamber of Commerce and Industry
Activities under a commercial trade license
Publications and Media Material Trading
Used furniture trade
Oil and gas trade
Parts Spare Parts Trading
Gold and precious metals traded
Trade-in Chemical Chemicals
Trade-in Automobile
Professional license in Dubai
Import and export activities
Sales of electronic products
Real estate service
Distribution of brokerage services
Travel and Tourism
Public stores and shops, etc.
Advantages
To perform a maximum of ten activities on a commercial trade license
Several options for the type of company to register
Many similar business activities can be undertaken under one license.
Secure business engagement with DED, Register of Companies
Residence visas for employees and company management
Assistance in opening corporate bank accounts
Inexpensive Ways to Renew a Commercial Business License in the UAE
