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Trade license fees in Dubai

٣١ مارس Trade license fees in Dubai

Dubai is considered one of the most important global destinations for doing business, as it provides a developed investment environment and world-class infrastructure. Establishing a business in Dubai requires obtaining a business license, which is an essential step for starting any business activity in the emirate. Certain fees are charged for these licenses, which vary depending on the type of business activity to be practiced.

In this article, we will review in detail the types of commercial licenses available in Dubai, the cost of each, and the procedures necessary to obtain them. We aim to provide comprehensive information that helps investors and entrepreneurs understand the processes related to issuing commercial licenses and estimate the costs associated with them.

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Trade license fees in Dubai

Types of commercial licenses

Dubai is distinguished by its diverse economy and business innovation, which requires careful classification of the types of business licenses that individuals and companies can obtain. Commercial licenses in Dubai vary to suit various economic activities and investment projects. Here is a look at the main types of commercial licenses available:

Type of licensethe description
Business licenseIt is granted to individuals or companies wishing to engage in general commercial activities such as retail and wholesale.
Industrial licenseIt is granted to companies that carry out industrial or manufacturing activities such as factories and laboratories.
Professional licenseIt is granted to individuals or companies that provide professional services such as legal consulting or accounting.
Tourist licenseIt is awarded to tourism activities such as travel agencies, hotels and entertainment.
License for company branchesIt is granted to foreign companies that wish to open branches in Dubai.
Special licenseIt is granted for works of a special nature or unconventional activity that may require additional licenses.
Economic licenseIt is awarded for carrying out specific economic activities that contribute to the local economy.
Free business licenseIt is granted in free zones, where foreigners have full ownership of the company without the need for a local partner.
Home business licenseIt is given to individuals who wish to operate a small business from their home.
Virtual offices licenseIt is given to businesses that prefer to work remotely and have a virtual office instead of a physical one.

Cost of business licenses in Dubai

The cost of business licenses in Dubai is an important factor that companies and individuals must take into consideration when starting a business. The cost of a business license varies based on the type of activity, business size, and many other factors. In this section, we will discuss the cost of each type of business license in some detail.

  • The general commercial license is the most common among companies that engage in various commercial activities. The cost of this license varies based on several factors such as the size of the company, type of business, and number of employees. in general
  • The industrial license is granted to companies that engage in industrial activities such as manufacturing and production. The cost of this license is relatively higher than the general commercial license due to the nature of industrial activities that require special equipment and facilities.
  • The professional license is granted to individuals and companies that provide specialized professional services such as engineering consulting, legal services, and medical services. This cost variation depends on the type of professional activity and the volume of work. In addition to the basic registration fee, there may be additional fees such as annual renewal fees and license fees for different professions.
  • At the conclusion of this section, it must be noted that the cost of commercial licenses may change based on local laws and regulations, so it is always preferable to verify the latest information through the relevant government agencies or consult Itqan Company experts who specialize in this field.

Procedures for issuing commercial licenses in Dubai

To obtain a business license in Dubai , you must follow a set of necessary steps that ensure the process runs smoothly and effectively. Below we review these steps in detail:

Submission of the application

The process of issuing a commercial license begins with submitting an official application to the Department of Economic Development in Dubai. This step requires the submission of certain documents including:
1. A completed business license application form.
2. A copy of the passport and residence permit (if any) of the applicant and partners (if any).
3. The company’s articles of association and articles of association (in the case of companies).
4. Initial approvals from the relevant authorities according to the type of business activity.

Payment of fees

After submitting the application and obtaining the necessary approvals, comes the step of paying the fees related to issuing the commercial license. The value of the fees varies depending on the type of commercial license required, and includes:
1. Application submission fees.
2. Initial approvals fees.
3. Final license fees.
4. Any additional fees that may be associated with optional or additional services.

Fees can be paid through the various payment outlets available by the Department of Economic Development, whether online or at service centers spread across Dubai.

Receiving the license

Once the due fees are paid and all required procedures are completed, the applicant can receive his or her commercial license. The license is usually issued within a few days after payment is confirmed and documents are completed. The license can be received by visiting one of the customer service centers or via email, depending on the option available and preferred by the applicant.

These three steps are considered the basis in the process of issuing a commercial license in Dubai , and contribute to facilitating the start of commercial activities in a legal and orderly manner. By following these measures, entrepreneurs and company owners can benefit from the attractive investment environment that Dubai provides, and enhance the opportunities for success and growth in the local and international market.

Establishing a company in Dubai

Establishing a company in Dubai with the help of Itqan Company provides new companies with a smooth and integrated experience, which contributes to accelerating the establishment process and ensuring compliance with all local laws and regulations. Itqan Company provides integrated services that include legal consultations, preparing the necessary documents, and dealing with government agencies to provide all required licenses. Through its deep experience in the local market, Itqan contributes to simplifying complex procedures and providing customized solutions that suit the requirements of each type of business. Whether you are seeking to establish a new company or expand your business in Dubai, Itqan\’s specialized support ensures that you start your business with minimal effort and maximum effectiveness, giving you time to focus on developing your activity and achieving your business goals.

 

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Establishing companies in Dubai with the help of Itqan Company

 

The importance of a trade license for establishing companies in Dubai

A trade license is one of the essential elements for establishing companies in Dubai , and is of great importance for the following reasons:

  1. Legal Compliance : A business license is a legal document that ensures that the company operates in accordance with local laws and regulations, giving it the legal legitimacy to conduct business activity.
  2. Protecting the company\’s rights : The commercial license provides legal protection for the company by proving its existence and legal activity, which protects its rights and enhances its credibility in the market.
  3. Opening bank accounts : A commercial license is a prerequisite for opening a company bank account in Dubai, which facilitates managing financial operations and receiving payments.
  4. Dealing with government agencies : A commercial license is required to deal with government agencies, such as obtaining additional permits, registering with the Tax Authority, and complying with commercial regulations.
  5. Benefiting from services : A commercial license enables companies to benefit from a wide range of services such as other licenses, license renewal, and legal and commercial services.
  6. Enhancing trust with customers : A trade license enhances the confidence of customers and business partners, as it shows that the company complies with recognized legal and professional standards.
  7. Investment and expansion : The commercial license is considered a basis for submitting applications for financing and investments, and helps in expanding the scope of businesses and commercial activities inside and outside Dubai.

In short, a trade license is the basis for the success of any company in Dubai, as it contributes to achieving legal compliance, enhancing confidence, and facilitating commercial and administrative operations.

In conclusion, trade licenses in Dubai are considered an essential part of the process of establishing and operating a business in the emirate. By understanding the different types of licenses, such as the general commercial license, industrial license, and professional license, entrepreneurs can choose the appropriate license for the nature of their business and estimate the costs associated with it. The article highlights the cost details of each type of business license, which helps investors plan better financially.

The procedures for issuing commercial licenses were also clarified, which includes submitting the application, paying the fees, and receiving the license, making it easier for new investors to understand the practical steps necessary to establish their businesses. With the support of the Dubai government and competent authorities, the process of obtaining commercial licenses has become smoother and more transparent, which enhances the business environment and attracts more investments to the emirate.

Accurate and comprehensive knowledge about the fees and procedures for issuing commercial licenses is a vital step for any investor wishing to enter the thriving Dubai market. With this information, business owners and investors can make informed decisions that contribute to the success of their projects and achieve their business goals in one of the most dynamic and developed cities in the world.

Frequently asked questions about the commercial license in Dubai

Do companies in Dubai need to renew their trade license regularly?

Yes, the business license must be renewed annually, and companies must submit renewal documents and administrative procedures in accordance with legal requirements.

What are the main advantages of setting up a company in Dubai?

Dubai provides a distinguished business environment, a favorable tax system, a strategic location, advanced infrastructure, and various investment incentives.

Can foreign companies benefit from tax facilities in Dubai?

Yes, Dubai offers a range of tax facilities, including no corporate income tax in most free zones, and special tax exemptions for some activities.

What is the cost of setting up a company in Dubai?

The cost varies based on the type of company, type of license, and business activities. It is best to consult a specialized company such as Itqan to get accurate estimates.

Can foreign companies open branches in Dubai?

Yes, foreign companies can open branches in Dubai, after obtaining the necessary license from the Department of Economic Development.