Getting a trade license in Dubai is one of the first steps to fulfill your dream of owning a business in one of the world’s most prominent economic hubs. The Department of Economic Development is responsible for issuing each trade license in Dubai. The business setup services in Dubai offer different choices for individuals, including setting up a company in the mainland, establishing an offshore company, or opting for a free zone company setup.
Before starting a business in Dubai, it is important to go through the entire process, beginning with registering your trade name in Dubai and concluding with the commencement of your company’s operations.
In this process, obtaining a Dubai trade license is a crucial step that aligns with your business activities and chosen company structure. Now, let’s understand what a trade license in Dubai actually is.
What Is a Dubai Trade License?
A trade license in Dubai is an official document that grants you the legal authority to conduct business activities within the city. It is a permit issued by the relevant government authorities, indicating that you have met all the requirements and regulations necessary to operate a business in Dubai.
General trading licenses in Dubai are versatile and allow for a wide range of activities. These licenses enable individuals to engage in various business operations, such as importing and exporting goods, as well as conducting commercial activities.
Companies operating within Dubai Free Zones have the opportunity to obtain a Dubai trade license. Additionally, professionals who provide industry-specific services are also eligible to apply for a Dubai trade license.
How Do I Get a Dubai Trade License?
Getting a Dubai trade license is a relatively straightforward process. Here are the simple steps to obtain your Dubai trade license:
1. Choose a Business Name
The Initial Step to Obtain a Trading License in Dubai to Select a unique and compliant trade name according to UAE guidelines.
2. Define Your Legal Structure
Determine the legal structure that best suits your business and its liabilities.
3. Define Business Activities
Clearly specify the activities you plan to undertake, noting that each license allows a maximum of ten activities.
4. Complete the Application Form
Fill out the application form and submit it to the Department of Economic Development (DED) for initial approval.
5. Obtain Additional Approvals
Certain activities may require external approvals, so ensure you have the necessary permissions in place.
6. Gather Required Documents
Compile the required documents and ensure they are properly signed and authenticated.
7. Choose a Business Location
Decide on a suitable location for your business, as a physical address is required for a mainland trade license. Obtain a tenancy contract and get it attested by Ejari.
8. Submit Your Application
Once all materials are prepared and a business location is secured, submit your trade license application to the DED.
9. Pay Licensing Fees
Make the necessary payments for issuance and license fees to complete the process and obtain your trade license.
