Types of Trade License in Dubai

1. HOW MANY TYPES OF TRADE LICENSES IN DUBAI?

2. Dubai has emerged as a global business hub, fostering industries worldwide for over a decade. With a booming economy, Monetary Fund predicts that the UAE, including its prominent Emirate, Dubai, will surpass the US, UK, Singapore, and German economies. Dubai offers diverse business activities within its free zone, attracting numerous entrepreneurs. Establishing a business in Dubai is quite convenient and government has simplified entrepreneurs can run their businesses within a week. Types of trade licenses in Dubai are essential, with selecting a business activity being pivotal. This choice determines the finalisation of the business license, which is indispensable for commencing operations. the International startups and straightforward. the The so process

3. WHAT ARE THE DIFFERENT TYPES OF TRADE LICENSES IN DUBAI? Types of Trade Licenses in Dubai, each catering to different business activities. Obtaining a trade license is a vital step in the company formation process in Dubai, and with expert guidance, this task becomes surprisingly manageable. Here’s an overview of the diverse trade licenses available in Dubai: 1. COMMERCIAL LICENSE 2. DUBAI PROFESSIONAL LICENSE 2. DUBAI PROFESSIONAL LICENSE 4. FREELANCE PERMIT 5. TOURISM LICENSE IN DUBAI

4. 1. COMMERCIAL LICENSE Issued to individuals/companies engaged in buying and selling goods. Allows trading activities within and outside the UAE. Specific license types exist for trading items like Computers, Automobiles, equipment, and building materials, with distinct business activity lists. Specialized Commercial Licenses: Tailored licenses for specific business activities. Examples include: Publications and Media Materials Trading Used Furniture Trading Oil & Gas Trading When setting up a business in Dubai, entrepreneurs must select the appropriate business license corresponding to their activities. This choice is pivotal and depends on whether the business operates within free zones, mainland areas, or offshore zones. Shuraa Business setup can provide valuable insights to ensure the Types of Trade Licenses in Dubai, simplifying the process.

5. 2. DUBAI PROFESSIONAL LICENSE The Professional License covers a range of specialised fields, including: Consultancy and services Insurance Consultancies Computer Consultancies Information Technology Consultancies IT Infrastructure Consultancy Environmental Consultants Tax Consultancy Marketing Consultancies Management Consultancies

6. 3. DUBAI INDUSTRIAL LICENSE Businesses or individuals manufacturing materials and products across various industries in Dubai require an Industrial License. The company must maintain a physical office within the UAE to obtain this license. Specific types of Industrial Licenses include: Garments Manufacturing Appliance and Machinery Factory Wood Products and Furniture Manufacturing Meat Products Manufacturing Dairy Products Manufacturing Animal & Birds Feed Manufacturing Carpet Manufacturing

7. 4. FREELANCE PERMIT In Dubai, the Freelance Permit is famous for individuals seeking self-employment opportunities. This permit, offered by various free zones, empowers individuals to pursue independent work alongside regular jobs. It is mainly designed for professionals in creative fields such as media, technology, art, and entertainment. Key Features of the Freelance Permit: Diverse Specializations Consultancy Basis Free Zone Benefits Flexibility Entrepreneurial Opportunity Networking Opportunities

8. 5. Tourism License in Dubai Dubai’s Tourism License is a fundamental requirement for businesses aiming to thrive in the city’s booming travel and tourism sector. Here are the critical aspects of this license: Diverse Services Essential for Tourism Businesses Varied Business Ventures Compliance and Credibility Boosting Local Economy Gateway to Global Tourism Securing a Tourism License in Dubai allows businesses to operate legally. It positions them strategically in the heart of one of the world’s most vibrant tourism hubs, ensuring a steady flow of visitors and opportunities for growth.

9. CHOOSING THE RIGHT TRADE LICENSE FOR YOUR BUSINESS Trade licenses outline the precise operational domains for businesses. In Dubai, these regulations are pivotal in fostering the growth of industries and enterprises within its diverse economy. These licenses govern industries, facilitate business procedures, facilitate strong market relationships, and establish clear jurisdictions for transparency and enhanced customer service. To identify the most fitting trade license from the four common types for your business in Dubai, UAE, consulting a business formation specialist at Shuraa Business Setup is highly recommended.

10. STEPS TO OBTAIN A TRADE LICENSE IN DUBAI, UAE 2. SELECT AN APPROPRIATE BUSINESS STRUCTURE 1. ENGAGE WITH SHURAA BUSINESS SETUP 3. NAME SELECTION AND REGISTRATION PROCESS 4. NOTARISATION OF COMPANY DOCUMENTS 5. SUBMISSION OF LICENSE APPLICATION 6. TRADE LICENSE ISSUANCE PROCESS 7. POST-LICENSE SUPPORT AND COMPLIANCE

11. Simplify Your Trade License Renewal in Dubai: Expert Assistance with Company Setup Dubai Renewing a trade license in Dubai, UAE, is an annual obligation overseen by the DED. License holders must secure necessary approvals from relevant governmental and municipal bodies to ensure compliance. The required documents include a renewal form, tenancy contract, authorisations, and ID copies of shareholders and directors. Opting for professional consultants can streamline this process, saving time and money. By handling the paperwork efficiently, businesses can focus on growth. For trustworthy assistance, consider Company Setup Dubai. Their experts ensure a smooth renewal experience, allowing your company to flourish.

12. CONTACT US : +971 44081900, +971 507775554 THANK YOU We look forward to working with you info@shuraa.com www.shuraa.com Sheikh Zayed Road, Office 501, 5th floor, Aspin Commercial Tower, Dubai, UAE