Commercial License in Dubai
A commercial license in Dubai is a legal requirement for businesses to operate commercial activities within the emirate. It permits companies to engage in various commercial activities, provides legal recognition, and offers several benefits, such as access to government services and the ability to sponsor employees.
Benefits of Commercial Trade License in Dubai
- 100% Foreign Ownership
- Simplified Setup Processes
- Companies in free zones can fully repatriate their capital and profits without restrictions
- Access to Modern Infrastructure
- Businesses operating in free zones enjoy zero personal income tax and low corporate tax rates
- Free zone authorities maintain high levels of confidentiality regarding the assets owned by businesses
Steps to Obtain a Commercial Trade License in Dubai
The process of obtaining a commercial trade license in Dubai's free zones differs significantly from that in Dubai's mainland.
Free Zones: The Free Zone authorities regulate Companies, which streamline the licensing process. Each Free Zone has its own set of rules and regulations tailored to attract particular types of businesses.
Mainland: The Department of Economy and Tourism (DET) oversees the licensing process. It involves more comprehensive checks and approvals from various government entities, including the Dubai Municipality and the Ministry of Labor.
Decide on the trade name for your company. Select up to three names, one of which can be selected. Make sure it abides by the naming principles of the UAE government.
Select the business structure in which you want to establish. You can decide on the business structure depending on the business needs and the number of shareholders.
Choose the activity or activities you want to run with your business. The UAE allows multiple relevant activities under a business trade license.
Submit the application form with the business plan, mentioning the trading names, business structure, and type of activities.
Prepare all the above-mentioned documents and submit them to the relevant authority. Submit it to the DED for the mainland and to the specific free zone authority for free zone business. Pay the fees once you receive a payment voucher.
Once you receive your license, you can start the business operations. To operate seamlessly, we would require opening a corporate bank account in the UAE and providing visas for employees.
Documents Required for Dubai Commercial License
- Completed application forms
- Business plan Summary
- ID proof
- Passport copy
- Visa copy
- Copy of the rental contract for business premises
What our clients say
Thanks to Gryffin Capitalist, starting my business in the UAE was smooth and efficient. They offered advice on company formation and licensing and assisted in opening a bank account.
Starting a business in the UAE seemed complicated, but Gryffin Capitalist made it seamless. The team is very knowledgeable, professional, and responsive.
I had a great experience registering my company in the UAE with Gryffin Capitalist. The Gryffin Capitalist team assisted in selecting the right Emirate to complete all legal steps.
Why Choose Gryffin Capitalist?
Starting a business in Dubai would always be a successful move for any businessman. The desert region offers a lot for enterprises and constantly welcomes new firms. Gryffin Capitalist has consistently offered its clients the appropriate incorporation services. Our business professionals can provide proper guidance at each stage since they know incorporation and company procedures. They thoroughly understand your company's operations and offer specific solutions.
We are among the top business consultants in Dubai because our industry-experienced business specialists provide our customers with custom solutions. Contact us right away, and we will be happy to help.
Quality Professionalism
High Confidentiality
Strong belief in long-term client relationships
Competitive Market Pricing
Global Footprint
Efficient and Transparent Process
Popular Links for UAE Location
Important articles entrepreneurs should read and have clarity before deciding the company structure, business activity and business setup locations.
Frequently Asked Questions (FAQs)
In Dubai, the Department of Economy and Tourism and the Federal Ministry of Economy are responsible for issuing commercial trade licenses.
The three main types of Business Trade License in UAE are :
- Commercial License
- Industrial License and
- Professional License
Gryffin Capitalist provides comprehensive business setup services in Abu Dhabi, which includes:
- Business registration
- Accounting and Bookkeeping
- Tax Consulting
- Legal Advisory
- VAT Registration
- Branch office Setup
- Intellectual Property Services
A UAE commercial license offers limited liability, while a professional license has unlimited liability unless restructured as an LLC.
Yes, commercial registration in Dubai allows international companies to hire foreign workers with straightforward visa and immigration procedures.