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What are the types of commercial licenses in the UAE?

٢٦ يناير What are the types of commercial licenses in the UAE?

There are many of these commercial licenses that exist in the Emirates, and these commercial licenses are of interest to many of these merchants and businessmen who want to practice their commercial activity in Dubai. There are many of these commercial licenses that must be known in advance in the UAE so that you can practice any of their commercial activities. Among the types of commercial licenses are those that pertain to commercial activities, as well as those that pertain to industrial activities, professional activities and tourism activities.

Commercial License in Dubai:

In order to be able to practice any commercial activity in Dubai, you must first know the commercial license in Dubai and its different types. In the event that you want to practice any type of commercial project that can be practiced in Dubai, in this case you must send an email to the website for classifying activities, with a clear statement of that commercial activity of yours that you want to practice so that you can obtain a license for it from the authority responsible for issuing these licenses.

However, the Licensing Department and the Commercial Registration Department have provided many quick services by launching the initiative called the Instant License, which can enable businessmen to obtain this license very quickly and within a time not exceeding five minutes as well, and after that, all partners can come to these centers specialized in obtaining the license in order to obtain this license.

But there are specific types of business licenses that can be practiced in Dubai:

  • A business license in Dubai allows those companies to carry out those business activities that are clearly specified in the license.
  • The commercial license in Dubai is also for practicing that general trade that helps businessmen to practice those commercial activities that are not restricted to a set of activities.
  • There is also a commercial license in Dubai that allows the provision of those services that are clearly mentioned in the license.
  • The license designated for organizing those events related to organizing those meetings and conferences.
  • Also, the license designated for operating businesses, and this permit is specific to those companies that have a strong desire to obtain a contract to operate in the free zone.

Cost of a commercial license in Dubai Free Zone:

It is now possible in Dubai to know the cost of a commercial license in the Dubai Free Zone by using this instant license that enables you to avoid the great suffering that you go through in the stage of obtaining a commercial license and also saves you a lot of time and effort as well.

The method of obtaining an immediate license makes you learn faster the cost of a commercial license in the Dubai Free Zone and enables you to obtain that license while saving a lot of time. This new project is part of the developments of the UAE to help citizens in the process of obtaining commercial licenses and thus helps citizens to speed up those services for them and makes the matter of knowing the cost of a commercial license in the Dubai Free Zone easy and fast.

One of the simplest ways to help you get that simple estimate for a commercial license in the Dubai Free Zone is to use that portal for estimating the cost of issuing a license, which is in the Dubai Economy. This portal enables you to get that approximate estimate of all the expenses and fees that you must pay in order to obtain the commercial license.

Procedures for establishing a company in Dubai:

In order to practice your activity in Dubai, you must know the procedures for establishing a company so that you can complete all the procedures related to establishing the company and also obtain all the necessary approvals to obtain this company. Therefore, the procedures for establishing a company are:

  • Determine the type of activity you wish to practice. After determining the type of your activity, you can now determine the parties who are associated with you in your business activity and the legal form assigned to it.
  • One of the procedures for establishing a company is to determine the activity according to the type of your company. It could be either a general partnership, a limited liability company, a public or private joint stock company, or any of the many other types of companies.
  • After that, and completing the procedures for establishing a company, the legal form of the company must be determined, which depends on the nationality of the company owners and the type of activity they wish to practice.
  • After that, you register your company’s trade name, which distinguishes your license from any other license, as each company has its own activity and its own trade license.
  • Also, to complete the procedures for establishing a company, you must obtain the initial approval for your commercial activity, so that you can then obtain the rest of the approval from other authorities related to the same activity.
  • After that, you can choose the headquarters to conduct your business from, because all companies must conduct their business from an actual and existing headquarters in order to conduct their business.
  • After that, you obtain the approval of the other parties concerned with your company’s activity. There are some activities that require the approval of certain parties, such as insurance activities, transportation activities, as well as activities related to legal consultations and the activity related to selling fire-fighting equipment.
  • Completing the company establishment procedures, you now obtain the license that gives you the right to practice your activity freely and without any restrictions on you. After completing all the previous steps, all documents are submitted in order to obtain a license to practice commercial activity, and then you can register as a member of the Chamber of Commerce so that you can start practicing your economic activity.

Investment costs in Dubai:

In order to be able to invest in Dubai and start practicing your activity, you must know the costs of investing in Dubai. With the tax exemption advantage available in Dubai, it has made it an attractive factor for all investors, but you must take into consideration the costs of investing in Dubai and be aware of those fees that are required in order to obtain those commercial licenses necessary for you to practice your activity in Dubai.

Therefore, the Dubai website of the Department of Economic Development has provided this data through which the investor can estimate the amounts required to obtain licenses. Among the costs of investment in Dubai is that the company owner must have a minimum capital if he is practicing his activity in the free zone. He must also know the amounts related to the sponsorship of employees working in this company and all the possible amounts for importing his goods in order to start practicing the activity. All of these are considered the costs of investment in Dubai.

Conditions for establishing a company in the Gulf:

Now in Dubai, there is an opportunity to launch many companies from those easy and fast things so that you can keep up with that department of economic development in Dubai, and the conditions for establishing a company in the Gulf, and when an investor wants to establish an economic activity in the Gulf, he must know that among the conditions for establishing a company in the Gulf is to register with that department of economic development and the one responsible for registering licenses for companies established in Dubai, and after that, among the rest of the conditions for establishing a company in the Gulf, he must determine the economic activity that he wants to practice as well as determine its legal form and its parties.

After that, to complete the conditions for establishing a company in the Gulf, the trade name must be determined and a reservation made, and then the rest of the procedures specified for establishing companies in the Gulf must be completed.

How to invest in Dubai:

In order to learn how to invest in Dubai, you must know the best ways to invest in Dubai, which is real estate investment. Dubai has become one of the distinguished centers for real estate investors. In order to learn how to invest in Dubai, you must know that real estate investment achieves many of those good commercial gains for investors. You can buy that room in a hotel and then rent it out and through that you can get the rent continuously, and you will have tried a method of real estate investment in Dubai and learned how to invest in Dubai.