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Trade License in Dubai UAE | Dubai Trade License Renewal

TRADE LICENSE SERVICES WITH ECONOMIC DEPARTMENT & FREEZONES ALL OVER UAE

4. Identification of all the necessities and factors pertaining to acquiring the required license
5. Determining the name of the business trade
6. Submission of an application to the department of economic development for a preliminary approval (valid for 6 months) either via internet, a document creating consultancy/ legal consultant or even personally
7. Registration of the trade name post a preliminary approval either via internet, a document clearing consultancy/ legal consultant or personally
8. Leasing a business office (suggested that the counter encompassing the planning department of Dubai Municipality is contacted to have a verification of the business premise as per the business activities).
9. Preparation of the requisite documents like the validation proof of other government authorities, memoranda of association that is required in each phase.
10. Submission of the application to the department to have a final license obtained
11. Finally the payment of the fees and the collection of the trade license.

There are fundamentally three general licensing categories that is issued in Dubai for registering a company on the basis of the kind of activities involved in a business, they are:
1. Industrial License: It must be issued to a company associated with manufacturing based business activities.
2. Commercial License: For any trading kind of activity, a commercial license is issued.
3. Professional license: It must be issued to the various employees, professionals, artists, craftsmen and service providers.

Speaking of which, brings to terms with the government department heading the issuing of these licenses ie. The Department of Economic Development, Dubai. Operating in varied locations, the department’s sole responsibility is to ensure licensing based services. It must be duly noted that the founders of private firm must not be less than 3 persons according to Federal Law No. 8 of 1984.For getting a trade license an assistance of a UAE national is a mandatory aspect either as a partner or as a service agent (for professional licensing). The later must assist in acquiring and renewing the licenses issued by government authorities like the Ministry of Labour and Social Affair.

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