Trade License in Dubai

Trade License in Dubai

If you are willing to setup your business in Dubai. The most important thing you need is trade license in Dubai. Why it requires most? there are so many questions.

A trade license is very important when it comes to start business in the Dubai. The UAE economic department issues the licenses and the procedures of license issuance varies from one emirate to another. The three major types of licenses in the UAE are commercial, industrial and professional. But the government also issues various other licenses as well that are specific to certain activities.

Types of Trade Licenses in UAE

There are different trade licenses available for different businesses in Dubai. Companies can apply for any of the following licenses:

  • Professional License – To provide professional services with specific jobs.
  • Commercial or General Trade License – To do all types of trading business including exports, imports etc.
  • Industrial License – To do manufacturing or industrial work.
  • E-commerce license – To do online trading and selling of goods within UAE.

Following are some of general questions.

FAQs about Registration & Licensing in Dubai

1. Is it required to register a trade name in order to apply for an initial approval?

No, a trade name may be booked for one year renewable period, against payment of due fees.

 

2. How long can a trade name be maintained?

It can be maintained for a period of one year, which is renewable.

 

3. In the case where there is a trade name registered in another Emirate, is it possible to maintain or use the same name in the Emirate of Dubai?

If the trade name is not registered with the Ministry of Economy and Commerce, it can be used in the Emirate of Dubai.

 

4. Can a trade name be maintained after a license’s cancellation?

Yes, but that shall be against payment of a 200 Dirham (two hundred dirham) fee to keep the name for one year.

 

We hope that you are satisfied by the details.

Horizon Biz Company is UAE’s leading accounting & finance company who have 60 years of experience and your one call +9715 010 42665 will give your business a way to grow faster.

If you are looking for help regarding trade license in UAE, we are here to assist. For more details on other services offered by us, Contact Us via mail at info@horizonbizco.com. We will be happy to help you.

 

Read More:

Do I need a Trade License for Starting an E-commerce Business in Dubai UAE?

Trade License in UAE – Types & Renewal

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