Dubai offers numerous opportunities for those who wish to establish any new project or company. Therefore, many people are interested in the types of commercial licenses in Dubai, as obtaining this license is the first necessary step to begin operating your company’s activities. If you want to streamline the process and carry out all the procedures in the easiest way possible, it is advisable to seek the assistance of a well-known company Tasyeir which specializes in project establishment. Below, we will provide you with all the relevant details.
Types of Commercial Licenses in Dubai
Obtaining a commercial license signifies government approval for establishing the desired project.
However, there are different types of commercial licenses in Dubai, depending on the nature of the activity being established by the applicant for company formation in Dubai.
These include:
Commercial License
This type of license encompasses several subcategories, each offering different benefits to its owner, such as:
- License for organizers of celebrations, meetings, and events in general.
- License allowing the owner to engage in any type of general trade without specific conditions.
- License enabling work in free zones.
- Specific licenses with conditions, allowing the owner to engage in certain business activities, which are specified within the license.
Tourism License one Types of Commercial Licenses in Dubai
This license includes all services related to tourism in the UAE, and the company obtaining it can engage in any activity related to tourism.
Industrial License
Companies involved in production or any industrial activity must obtain this type of license.
Professional License
This type is specific to craftsmen and providers of professional services.
Instant License
This type of license introduced recently to facilitate the process of company formation.
With an instant license, you can obtain the license without the need for a memorandum of association or specifying a company address.
However, when renewing the license, these requirements must be fulfilled.
The conditions for obtaining an instant license are as follows:
- The company should be owned by a single individual.
- The company should have a limited liability structure.
- The company should be a sole proprietorship or a one-person company.
- The company should specialize in civil works.
Cost of issuing types of commercial license in Dubai
Due to the presence of different types of commercial licenses in Dubai, each type has its own characteristics and requirements.
The financial cost of issuing types of license in Dubai varies depending on several factors, including the type of activity the company intends to engage in, its nationality, and others.
However, the costs can generally summarized as follows:
General Trade License Types of Commercial Licenses in Dubai
If you want to obtain a license for trading or any other investment activities, you will need to pay fees ranging from AED 3,000 to AED 15,000.
Limited Liability Companies
The fees for issuing a limited liability company formation license in Dubai are AED 11,000, in addition to 2.5% of the company’s lease agreement fees.
Civil Works Companies
If your company specializes in civil works, you need to pay fees of AED 8,000, plus 8% of the company’s lease agreement fees.
Sole Establishments
The license for sole establishments requires a payment of AED 5,000, along with 2.5% of the lease agreement fees.
If you want to expedite these procedures as quickly as possible, the optimal solution for you would be to use the services of Tasyeir company.
Steps to issue types of commercial license in Dubai
If you want to obtain a license that allows you to start a new company, you need to follow the following steps:
- You determine the type of activity you intend to engage in to determine the type of license you will obtain.
- You should choose a suitable legal form for the company.
- You should select a trade name that complies with the conditions set by the relevant authority, and after choosing it, register it with the Dubai Economic Development Department.
- You should choose the company’s premises and submit the contract that proves it.
- You should obtain the preliminary approval document to proceed with the next steps.
- You should obtain any other necessary approvals from the relevant authorities.
- You pay all the fees associated with obtaining the license.
Advantages of issuing types of commercial license in Dubai
Issuing any type of commercial license in Dubai offers numerous advantages provided by the government to facilitate all procedures, including:
- Availability of electronic platforms for fee payment and license renewal.
- It gives you long-term visa issuance, allowing investors to stay in Dubai for an extended period.
- It gives you access to various investment opportunities.
- Economic stability that contributes to the success of your project.
- In the case of working in free zones, investors are exempt from paying taxes and can enjoy full profit retention.
- Ownership of the company can be fully allowed in certain areas of Dubai.
E-Trader License
Among the recent types of commercial licenses issued, the E-Trader License enables businesses to adapt to the evolving world of e-commerce and online buying and selling.
This license offers several notable advantages for those interested in conducting online trading, including:
- Greater expansion opportunities and enhanced security for the activities provided.
- Oversight by the Dubai Economic Development Department, which adds legitimacy and trustworthiness, attracting customers.
- License holders can participate in any exhibition held by the government without any issues.
- Protection of the project’s trade name by the relevant authority, preventing unauthorized use by others.
Requirements for issuing an E-Trader License
The E-Trader License, issued by certain conditions must be met, which can facilitate by Tasyeir company.
These conditions include:
- The trader must be at least 18 years old.
- You should provide the trader’s address details.
- National ID or passport must be available.
- The license is exclusive to an individual.
- The maximum number of activities allowed under the license is ten.
- If operating in the medical field, approval from the Dubai Health and Safety Department is required.
- If involved in food preparation or general nutrition, approval from the Dubai Municipality is necessary.
E-Trader License Fees
If you engaged in e-commerce, it is necessary to obtain an E-Trader License, as it is one of the types of commercial licenses in Dubai to avoid legal repercussions.
The required fees for obtaining the license amount to 1,070 Emirati Dirhams, in addition to 300 Dirhams to access the Dubai Chamber.
After receiving the payment authorization, you must settle the amount within 24 hours to avoid cancellation of the authorization.
Renewal required when the license expiration date approaches, and there is a grace period of up to one month to complete the renewal process and prevent the cancellation of your trade name.
Importance of Tasyeir Company
We provided you with all the details regarding the types of commercial licenses in Dubai, as they are crucial steps that Tasyeir Company can help you navigate quickly and efficiently. Tasyeir Company offers you a wealth of ideas and suggestions that will set you apart in the world of commerce and various businesses. Therefore, if you are considering establishing a new project, it is essential to seek the assistance of experts.
