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If you apply for your industrial license in Dubai, UAE will determine how much it costs. You can factor in the cost of additional permits and registrations, as well as the cost of leasing space, in addition to the cost of the trade license. An industrial license costs around AED 25,000 on average.<br>https://www.shuraa.in/industrial-license-dubai-uae/
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Industrial license in Dubai - UAE In the corporate sector, the United Arab Emirates is rapidly expanding. As the business world grows, it becomes important to acquire a license in order to start a new business. Currently, the UAE offers licenses in industries such as manufacturing, import and export, housekeeping, and freelancing. This article will be covering the area of Industrial License in Dubai. This license is given in Dubai to businesses that turn raw materials or natural resources into finished goods. SHURAA INDIA
Business sectors for which industrial license can be issued Those who work in the manufacturing industry must obtain an Industrial License. The following are some of the industries that fall under this category: Bread manufacturing and food industries Textile manufacturing The casting of metals industries Equipment and engines manufacturing Manufacture of petroleum products Paper manufacturing
Conditions that need to be fulfilled in order to get an industrial license Make sure you’ve completed all of the specifications mentioned below before applying for an Industrial License. The following are the details:
Local Sponsor Your business must have a local supporter who owns 51% of the stock. This is a requirement that cannot be waived. International investors or holders of an industrial license will own the remaining 49 percent of the company.
Office Space If you want to apply for an industrial license, you must have a physical office and a warehouse in Dubai. Virtual offices aren’t acceptable.
Local License You’ll also need a local industrial license in the region where you’re doing business. Capital The capital of your company must be at least Dh 250,000
Documents required for obtaining the industrial license Copy of passport and residence for non-citizens, and summary of the registration of the citizen Feasibility Study Partnership Contract (if a partnership firm) Copy of the trade license Copy of Balance Sheet National Media Council Approval Ministry of Health Approval Ministry of Environment and Water Approval Ministry of Interior Approval
The procedure required for obtaining the industrial license 1. Before you open a business or make any improvements to an existing company, you must first get permission from the Dubai authorities. You may then apply to the Department of Economic Development for an industrial license once you’ve received their approval. Within three months of receiving your letter, the DED will review it and make a decision. The DED will contact you within 15 days if your application has been accepted. Aside from that, you’ll need to get the municipality’s permission to build the plant. The Chamber of Commerce and Industry, the Industrial Registry, the Ministry of Health, and other authorities must all approve your license. You must apply the above documents in compliance with the specifications of the relevant authorities. Within a week or two, approval or disapproval is given. 2. 3. 4. 5. 6. 7.
OUR STORY SHURAA – THE PIONEERS OF BUSINESS SETUP SERVICES IN THE UAE Shuraa Business Setup was founded by Mr Saeed Khalifa Mohammed Al Fuquei in the year 2001. The organization was initiated with an agenda to help individuals start a business in Dubai or any other emirates. For the past 20 years, we have registered over 35,000 companies in the UAE.Shuraa Business Setup helps with crucial paperwork and other governmental permissions which is important while setting up a business in Dubai. We share years of acquaintance with the government officials and regulatory authorities, that makes business setup easier.
MAILING ADDRESS 108, Square One, Saket New Delhi - 110017 REACH OUT EMAIL ADDRESS info@shuraa.in PHONE NUMBER +91-8010990022