Dubai is making every effort to provide all services for issuing a Dubai commercial license without a sponsor. This is to provide better investment opportunities for anyone interested in business investment in Dubai. Dubai has become one of the most attractive investment destinations for foreigners and investors from all over the world, due to its distinctive location and availability of all investment activities. Therefore, Tasyeir company provides all the necessary services and legal forms required by customers to issue a commercial license. This is what is highlighted in this article.
Is it possible to issue a commercial license in Dubai without a sponsor?
After the investment opening in the emirate of Dubai, it was necessary to facilitate all procedures and services for issuing a commercial license, and to eliminate all restrictions and obstacles facing foreign investors while working in the free markets.
Now, Dubai allows all investors in commercial activities and others to have 100% ownership of the company, but without adding any investor as a partner in the company.
In addition, Dubai commercial license without a sponsor allows to all foreign investors, but after fulfilling all the external and internal legal conditions and approvals provided to customer by Tasyeir company.
What is meant by a commercial license?
A commercial license is a permit that allows a business to legally operate in a specific field or profession, within a defined legal framework under the jurisdiction of a designated authority.
Generally speaking, it encompasses all terms commonly used in the context of free trade and investment, including the buying and selling of products and services and the practice of various professions.
Importance of Dubai commercial license Dubai
Having a commercial license must to operate in Dubai’s global markets for any investment activity.
Once obtained, the license enables the practice of commercial activity, which determines the nature of the work.
The legal regulations specific to the company selected, and the most prominent tasks for the Dubai commercial license are as follows:
- Choosing the type of commercial activity, whether industrial, commercial, professional, or other available activities in free markets.
- After determining the type of activity, the legal activity that governs the nature of the company’s work is specified. This includes establishing its principles and powers, which are used to determine the categories of employment within the company.
- The nature of the practiced activity in the company must be compatible with the legal form for a successful business.
- It should be noted that the long-term importance of a Dubai commercial license without a sponsor works to increase the development and desire to modify business patterns.
- In addition, some activities should be added to support and develop all services for the company or institution that align with the requirements of operating in emerging free markets.
The Best Company for issuing Dubai commercial license
Tasyeir Company has become one of the best companies specialized in obtaining a business license in Dubai without a sponsor.
They provide all the services related to establishing a company from the beginning until the company starts its activities.
Regarding obtaining a business license, the company is capable of providing a team that can complete all the tasks in a short period of time. Some of the services they offer include:
- Choosing the type of activity to be carried out and the legal form of the company.
- Drafting the company’s founding documents and documenting them according to the commercial company laws.
- Helping to choose a suitable location for the nature of the work and obtaining and documenting the lease agreement for the chosen period.
- Providing all the necessary preliminary approvals and legal licenses to establish the company.
- Allowing for the reservation of a trade name and the registration of a trademark.
- Providing assistance with all the necessary legal procedures to obtain the commercial license while paying the necessary fees.
- The company offers all services at reasonable prices that do not compete with those of other companies.
Steps to issue Dubai commercial license
Dubai is the top destination for conducting any economic activity, with over 2,000 activities to choose from.
Investors can choose any activity to conduct their business.
The steps to issue a business license based on the type of activity and include:
- Obtaining initial approval from the Department of Economic Board.
- Documenting a lease contract for the company’s location, which must attester by the Real Estate Regulatory Agency.
- Providing a copy of the company’s location that meets the required specifications.
- Having a documented company establishment contract with all the necessary conditions according to the laws of company issuing and activity.
- Obtaining approvals from all relevant government entities in case of conducting industrial or professional activities.
- Finally, providing a copy of the company’s commercial license in Dubai’s free zones.
How to Renew Commercial License in Dubai?
It is worth mentioning that the validity period of a commercial license in Dubai varies from one activity to another.
Therefore, before the license expires, the owner of the company receives a message in order to renew it and continue the activity.
The license validity period is one full year and it should renewed before it expires.
However, there are some commercial licenses that last for five years due to the lease agreement for the company’s headquarters being valid for this entire period.
Tasyeir Company is the best option towards success in investment
For anyone who wishes to obtain a Dubai commercial license without a sponsor, they should contact the company’s support team to benefit from all services with a high level of accuracy and efficiency at unbeatable prices. Moreover, the company works to gain the trust of its clients.
