Steps to obtain a commercial license in Dubai

Issuing a trade license in Dubai requires following a set of steps that facilitate the process for investors and ensure compliance with local laws. Here are the main steps:

1. Determine the business activity: The first step is to choose the appropriate business activity, whether commercial, industrial, or professional. The type of license depends on the activity you choose.
2. Choosing a trade name: You must choose a trade name that complies with Dubai laws, and it must be unique and not include any words that violate the laws.
3. Determine the legal form of the company: Depending on the type of activity and the number of partners, you can choose the appropriate legal form for your company, such as a sole proprietorship or a limited liability company (LLC).
4. Obtaining initial approvals: You must submit an application to the Department of Economic Development (DED) to obtain initial approval, which is the step that allows you to proceed with the procedures.
5. Preparing the Articles of Association and Partners’ Agreement: If you are establishing a company with partners, the Articles of Association must be prepared and notarized, in addition to the Partners’ Agreement if necessary.
6. Determine the location of the company: You must determine a location for the business and provide a notarized lease contract, as the location is an essential element for issuing the license.
7. Obtaining additional approvals: Depending on the business activity, approvals from other government agencies may be required.
8. Submitting final documents: After completing the previous steps, submit all required documents to the Department of Economic Development.
9. Paying fees and issuing the license: After reviewing the application, the necessary fees are paid, and then the commercial license is issued, allowing you to officially start your business. These steps ensure that the business is established in accordance with local laws and open the doors to the diverse UAE market for you.

Types of commercial licenses in Dubai

Here is a table showing the types of commercial licenses in Dubai:

The requirements and procedures for each type of license may vary, so it is best to check with the relevant authorities or contact Itqan Company to obtain the exact details.

Documents required to obtain a Dubai commercial license

To issue a trade license in Dubai , a set of documents must be submitted that vary depending on the type of business activity and the legal form of the company. Here are the basic documents required:

1. A copy of the passport of all partners and founders, making sure that the passports are valid.
2. A copy of the residence or visit visa. If the applicant is a resident of the UAE, a copy of the residence or visit visa must be submitted.
3. A copy of the Emirates ID for applicants who have obtained residency.
4. Submit a commercial license application form filled in with the required details.
5. Trade Name Reservation Declaration: A document proving the approval of the chosen trade name by the Department of Economic Development.
6. Copy of Articles of Association If the company is a limited liability company (LLC) or there are partners, a certified copy of the Articles of Association must be submitted.
7. Notarized lease contract The lease contract for the company’s headquarters with a notarization certificate from the Land and Property Department.
8. Initial approval from the competent authorities such as the Department of Economic Development.
9. In some cases, depending on the business activity, additional approvals from other regulatory bodies may be required. These documents help expedite the business license issuance process and ensure compliance with local laws.

Advantages of obtaining a commercial license in Dubai

Obtaining a commercial license in Dubai provides many advantages, including:

• Dubai offers quick and simple business setup procedures, making it easy for investors to start their ventures.
• Dubai offers a variety of business license types, allowing investors to choose the right license for their business.
• Companies in free zones often enjoy tax exemptions, which increases profitability.
• Foreign investors can own 100% of companies in some areas, which enhances investment opportunities.
• Dubai offers a flexible working environment with round-the-clock working and a variety of business facilities.
• Access to global markets: Dubai is a global business hub, making it easy to access new markets and increase opportunities for expansion.
• Dubai has a modern infrastructure including transportation, communications, and logistics.
• Benefit from government services: The government provides support programs and advisory services to investors, which helps them in the success of their projects.
• Having a diverse international community makes it easier to communicate and collaborate with different cultures.
• Investment opportunities are available in various sectors, including tourism, technology, and real estate.
  These features help attract investors and businessmen to Dubai, contributing to the local economy.

Conditions for obtaining a commercial license in Dubai

To obtain a commercial license in Dubai , a number of conditions and procedures must be adhered to. Here are the most important required conditions:

1. Select the type of license: Determine the type of commercial license required (such as a commercial license, industrial license, or professional license). And submit all the required documents.
2. Choosing a trade name: Choose a trade name that complies with local laws, and do not use prohibited names.
3. Determining the work location: Having a lease contract for an office or shop within Dubai, with the approval of the relevant authorities.
4.  Registration with government departments: Register the company with the Department of Economy and Tourism in Dubai.
5. Obtaining necessary approvals: Some activities may require additional approvals from various government agencies.
6. Submitting a license application: Submitting the application through websites or approved service centers.
7. Pay the required fees: Pay the fees required to obtain the license.
8. Submit a business plan (in some cases): Some activities may require a detailed business plan.
9. Obtaining Work Permits (if required): If you plan to hire employees, you will need to obtain the necessary work permits. It is important to check with the relevant authorities for accurate and up-to-date information before starting the licensing process.

In conclusion, obtaining a trade license in Dubai is a vital step for any investor or businessman looking to start their business in one of the fastest growing markets in the world. Dubai offers a favorable business environment with multiple benefits, such as tax exemptions, full foreign ownership, and advanced infrastructure. Regardless of the type of business you wish to do, adhering to the terms and procedures required to obtain a license will enable you to successfully achieve your business goals. It is essential to be aware of the legal requirements and prepare well to ensure that your business starts smoothly. With your commitment to good planning, you can take advantage of the opportunities available in Dubai and achieve success in the business world. If you are thinking of starting your own business, do not hesitate to start this exciting journey in the city of opportunities.