Trade License in Dubai UAE | Dubai Trade License Renewal

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 and 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 and memoranda of association.
10. Submission of the application to the department to have a final license obtained.
11. Payment of the fees and the collection of the trade license.

There are fundamentally three general licensing categories that are issued in Dubai for registering a company on the basis of the kind of activities involved in a business. These 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.

The Department of Economic Development in Dubai is the main government body responsible for issuing licenses. Operating in varied locations, the department’s sole responsibility is to ensure licensing based services.

It must be duly noted that the founders of the private firm must not be less than 3 persons according to Federal Law No. 8 of 1984. To obtain a license, the assistance of a UAE national is needed either as a partner or as a service agent (for professional licensing). The latter must assist in applying for a trade license & acquiring a trade license renewal in Dubai.

Hope the post has provided you with the information you need to move forward in your endeavour. Good luck!

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