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Types business licenses in Dubai

Types of business licenses in Dubai

١٤ يناير Types business licenses in Dubai

Learn about the types of business licenses in Dubai because Dubai is considered the economic jewel of the United Arab Emirates, home to a diverse group of companies and commercial institutions that thrive in a diverse and dynamic business environment. But to start your business in Dubai, you must obtain the appropriate business license. In this article, we will take an overview of the types of business licenses available in Dubai, with a focus on cooperation with Itqan, a company specialized in providing advisory and legal services to companies in Dubai. Dubai has a legal and regulatory system that provides investors and those wishing to start businesses with many options for obtaining commercial licenses, which helps them achieve their business goals with ease. These options include professional, commercial, industrial, tourism, service, and many others. But which business license in Dubai suits your type of business? What are the requirements and procedures that must be followed to obtain it? You can contact Itqan Company, which will help you with what you need in terms of the steps and procedures required to obtain a commercial license.

Types

Types of business licenses in Dubai

What are the business licenses in Dubai?

Commercial licenses in Dubai represent the official approval obtained by individuals or companies to conduct business in the Emirate of Dubai and the United Arab Emirates in general. These licenses are considered an essential key to starting and operating a business legally and regulated in the country.

The types of commercial licenses available in Dubai vary according to the type of business activity and the needs of investors, as they include general commercial licenses that allow the practice of a general commercial activity, professional licenses that are designated for practicing a specific profession, industrial licenses that allow the establishment and operation of factories and industrial units, and tourist licenses that allow companies to provide… Tourism services, and service licenses that allow companies to provide various services.

By obtaining the appropriate business license, investors are able to comply with local and national laws and regulations, which helps them achieve success in Dubai’s dynamic business environment. These licenses also provide opportunities for investment and growth in various economic sectors, which enhances economic development and contributes to strengthening Dubai’s position as one of the most prominent global business destinations.

Types of business licenses in Dubai

This table briefly explains the most important types of commercial licenses available in Dubai and can help you understand the options available to you depending on the type of business you intend to do in the city. Here is a table showing the types of commercial licenses in Dubai:

Type of licensethe description
Business licenseIt allows the company to conduct business in Dubai and the UAE in general. The type of business activity is determined according to the company classification.
Professional licenseIt allows individuals to practice a specific profession in Dubai, such as law, medicine, or engineering. Requires a license from the competent body regulating professions.
Industrial licenseIt allows companies to establish and operate factories and industrial facilities in Dubai to produce various goods.
Tourist licenseIt allows companies to provide tourism services such as internal and external tourism, hotels, tourist trips, and tourist transportation.
Service licenseIt allows companies to provide various services in non-commercial sectors such as consulting, marketing, technology, and education.
Free licenseIt is granted to companies operating in the free zones in Dubai. It provides complete freedom of ownership to foreign investors and many other benefits.

Steps to obtain commercial licenses in Dubai

Determine the type of business license in Dubai that suits your business. You can choose between a general commercial licence, a professional licence, an industrial licence, a tourist licence, or a commercial freedom licence. Here are general steps for obtaining commercial licenses in Dubai:

  1. Choosing a Company Name: Select a name for your company based on the rules and requirements set by the Dubai Department of Economic Development. The name must be unique and not similar to any other company.
  2. Submit a registration application: Submit a registration application to the Department of Economic Development in Dubai. Required documents such as registration application form, passport photo, personal photo, and rental contract or ownership permit must be submitted.
  3. Payment of fees: Pay the fees required to register the commercial license. The required amount and accepted payment methods must be verified with the Dubai Department of Economic Development.
  4. Site Permit: Obtain a permit for the location where you will conduct business. This could be the lease or ownership permit for the place you will use as your company’s headquarters.
  5. Work permit: A work permit may be required for the general manager and employees working in the company. This permit can be obtained from the Immigration Department in Dubai.
  6. Issuance of the license: After completing all procedures and paying the required fees, the final commercial license will be issued to you by the Department of Economic Development in Dubai.
    Remember that these steps are general, and there may be additional requirements or special procedures depending on the type of business and government permits required.

Steps

Steps to obtain commercial licenses in Dubai

The importance of a trade license in Dubai

Obtaining a commercial license to establish your company in Dubai is of great importance and is an essential step for several reasons:

  1. Legitimacy and Credibility: A business license gives legal legitimacy to your company and confirms that you are conducting business legally and authorizedly. Thus, you increase your company’s credibility in front of customers, business partners and investors.
  2. Legal Protection: A business license provides legal protection for your company and its assets. In case of any business disputes or legal issues, you can resort to the judicial system and protect your rights and the interests of your company based on the business license.
  3. Access to the market: A trade license gives you access to a market. Obtaining a trade license to establish your company in Dubai is of great importance and is an essential step for several reasons:
  4. Legitimacy and Credibility: A business license gives legal legitimacy to your company and confirms that you are conducting business legally and authorizedly. Thus, you increase your company’s credibility in front of customers, business partners and investors.
  5. Legal Protection: A business license provides legal protection for your company and its assets. In case of any business disputes or legal issues, you can resort to the judicial system and protect your rights and the interests of your company based on the business license.
  6. Market Access: A trade license gives you access to the Dubai market and the UAE in general. You can sell your products or provide your services legally and competitively in the local and global market.
  7. Business and investment opportunities: With a business license, you can explore business and investment opportunities in Dubai and the surrounding area. You become qualified to deal with local and international companies, expand your business and achieve success and growth.
  8. Access to government services and facilities: A business license makes it easier to obtain government services and facilities necessary for your company, such as obtaining a work license and visa for employees, opening a business bank account, and accessing health, education, transportation, and others.
  9. Government support and facilities: The Dubai and UAE government provides many facilities and support to business owners through encouraging programs and initiatives. You can benefit from this support in terms of financing, training, tax facilities, business consulting, and access to a network of clients and investors.

In cooperation with Itqan, we conclude the importance of obtaining a commercial license in Dubai and establishing your company in this global city. A business license is a crucial step in achieving success and growth in the thriving business market in Dubai and the UAE.

A business license gives your company legal legitimacy and increases its credibility in front of customers, business partners and investors. It also provides legal protection for your company’s assets and gives you access to the judicial system in the event of any business disputes.

Thanks to the trade license, you can access the Dubai and UAE market and offer your products or services legally and competitively in the local and global market. You have commercial and investment opportunities in this modern city, and you can take advantage of government support and facilities available to business owners.

When you work with Itqan, you will get the support and advice needed to obtain a business license in Dubai. We can help you understand procedures and requirements and provide up-to-date and accurate information. We will support you to achieve your goals and successfully develop your company in this dynamic market.

Frequently asked questions about types of commercial licenses in Dubai

What are the main requirements to obtain a business license in Dubai?

Requirements may vary between different types of business licenses and sectors, but there are some basic requirements in common

Can I own 100% of the company in Dubai?

Yes, in some specific sectors and regions in Dubai, foreign investors are allowed to own the company 100% without the need for a local partner (sponsor). This is considered a positive development in the business environment in Dubai and encourages attracting more foreign investments.

What are the differences between free zones and other locations in Dubai?

Free zones in Dubai are specialized zones that provide benefits and privileges to companies residing in them, such as complete freedom for foreigners to own the company, not imposing taxes on income and capital, and providing advanced infrastructure and specialized services. In contrast, other locations in Dubai require Dubai business license converter partners and their answers: