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A general trading license in Dubai offers global investors opportunities with its strategic location, world-class infrastructure, and investor-friendly policies.
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How To Get A General Trading License In Dubai • A general trading license is one of the most desirable and regularly approved trade licenses in Dubaiand the United Arab Emirates. Dubai’s strategic location, coupled with its world-class infrastructure and business-friendly policies make it an ideal place to establish your trading company by attracting a large number of investors around the world. If you want to take advantage of these benefits, getting a general trading license in Dubai (GTL) is the first important step.
Understanding the General Trading License in Dubai With a general trading license in Dubai, your company can trade and import a variety of goods both domestically and internationally. This versatile license offers immense flexibility, allowing you to deal in a broad spectrum of goods, catering to the diverse needs of the dynamic Dubai market. Mainland – Choosing the Mainland allows your business to operate on a larger scale, where you are free to trade directly with local customers and carry out business within the United Arab Emirates. Free Zones – Free Zones offer an array of benefits, including tax exemptions, full ownership for foreign investors, and streamlined business setup procedures.
Obtaining a General Trading License • As mentioned earlier, decide whether to establish your company in Mainland Dubai or a Free Zone. Analyze your target audience and company objectives when making this decision. for obtaining a general trading license In Dubai – • Selecting Your Business Activities • Company Name and Legal Structure • Obtain Initial Approvals • Prepare Required Documents
Prepare Required Documents • There are following necessary documents need to submit before getting general trade license in Dubai,whichmay include: • Completed application form for the General Trading License • Trade name approval letter • Passport copies and Emirates ID of shareholders and directors • Memorandum of Association (MOA) for your company • Local Service Agent Agreement (if applicable in a Free Zone) • Ejari certificate(proof ofofficespace rental for Mainland) • Business plan • Office space lease agreement(for Mainland)
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