One of the essential requirements for establishing businesses in the United Arab Emirates is issuing a commercial license in Dubai. If you intend to start a new company in any field, it is crucial to understand the steps involved in issuing a commercial license. One of the companies that can assist you in expediting the process is the Tasyeir Company. In this article, we will delve into all the details regarding this matter.
Obtaining the document for the commercial license is a vital step when initiating any business in Dubai. This service is provided by the Department of Economic Development to ensure the legal establishment of your business without encountering any obstacles. The following information will guide you on how to issue a commercial license in Dubai.
issuing a commercial license in Dubai
Tasyeir company assists you in completing all the necessary legal steps to obtain your commercial license.
These steps include:
- You must register the required data for your company’s location.
- Adding all the information of the parties involved in the business.
- As well as, you should select the activities relevant to your company.
- Adding the details of the company’s establishment.
- As well as, Choosing the type of license that aligns with your company’s activities, whether it’s a commercial license, instant license, professional license, or industrial license.
- You should specify the beneficiary of the commercial license issuance.
- Attaching the required documents after they have been signed by all responsible parties.
- You must pay the fees for issuing the commercial license.
After completing these steps, you will receive your company’s commercial license.
Requirements for issuing a commercial license in Dubai
There are certain requirements that you need to ensure are met if you want to open a commercial license in Dubai.
Any discrepancy in meeting these requirements can result in obstacles along the way.
The requirements include:
- In the first step, you need to determine the type of activity you will engage in. This step involves several procedures for obtaining the company’s incorporation documents.
- You must choose a commercial name, taking into consideration the regulations and ensuring it is unique and not previously used.
- As well as, obtaining preliminary approval from the relevant authority is a fundamental requirement.
- Having a lease agreement or ownership document for the company’s premises, duly authenticated by the Dubai Land Department. The minimum required area for the premises should not be less than 200 square feet.
- You must pay all the costs associated with issuing the commercial license.
- If the activity requires additional approvals, you need to issue them.
- You are not allowed to issue more than one commercial license simultaneously.
Requirements for commercial name in Dubai
The authorities in Dubai have established several conditions and regulations that business owners must follow when choosing a commercial name for their company.
This step is crucial when issuing a commercial license in Dubai.
The requirements for a commercial name include:
- The name should not have been registered by any other company previously.
- Choose a name that is compatible with the business activity of the company.
- As well as, the name should be suitable for public taste and in accordance with social norms.
- It is not permissible to includ any reference to the divine in the commercial name, and names related to government entities cannot be used.
- Each company has its own legal form, which must be stated after the name.
- After meeting all the requirements, the Department of Economic Development must verify and approve the name before you can obtain it.
- Approval from the Ministry of Economy is required for your company’s commercialmark.
Benefits of issuing a commercial License in Dubai
Many entrepreneurs are rushing to open a commercial license in Dubai due to the unique advantages it offers that are not available elsewhere.
Some of the key benefits include:
- Strategic location of Dubai, which puts it at the forefront.
- Rapid economic growth in the emirate of Dubai.
- Abundance of developmental opportunities in various fields.
- Tremendous development witnessed by projects within a short period of time.
Tasyeir Company has a bright future
Tasyeir Company helps you complete all the requirements for issuing your commercial license in Dubai in a very short period of time. This contributes to starting your business as quickly as possible. We have provided you with all the information you may need when starting your company and the documents you need to issue, in addition to the advantages that accrue to you as a result of investing in Dubai.
