Commercial License in DubaiPosted by Beyond View on April 14th, 2021 Commercial License in DubaiThe UAE’s strategic location attracts businessmen around the world. It forms a link between the East and the West. In addition, the infrastructure and business-friendly policies also lure businessmen. Businessmen willing to set up a business in the UAE, need to get a business trade license. A businessman has to decide the type of activity and region to select the type of business license. The major business licenses issued by the UAE authority are Industrial license, Professional license, Commercial license, or Tourism license. To set up a trading business in Dubai, one has to get a commercial trade license. What is a Commercial license?All commercial trade activities need a license. A trading activity refers to any activity involving buying or selling of any commodity or service. It encompasses businesses like general trading and specialized trading. Some of the businesses that need a commercial license are:
The commercial license is issued by the DED in Dubai mainland. In Free Zones, the license is issued by the respective Free Zone Authority. It is valid for 1 year and can be renewed later. Commercial license for Free Zone can be used in Free Zone only. A commercial license can be availed for branches and subsidiaries of foreign companies. Advantages
Steps to get a commercial license
Documents required
The license thus issued is valid for 1 year after which it can be renewed. The renewed license is valid for 5 years. Documents Required for Renewal of Commercial License
ConclusionFor any business concerned with trading activities, a commercial license is required. There are many advantages of acquiring a commercial license. Though issued for 1 year initially, it can be later renewed for 5 years. Beyond View assists you to avail of commercial license easily. For more details about a commercial license, contact Beyond View. Like it? Share it!More by this author |