The Guide To Get Your Business License In Dubai

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There are fundamentally 3 kinds of business license in Dubai which are issued to individuals. This depends on the kind of business activity, how it plans to undertake and accordingly one of these license categories will be issued:

Commercial License – This is released to a business that will are involved in trading activities.
Industrial License – This is provided to a company that will indulge in manufacture or industrial activities.
Professional License –This license issued to those service providers, specialists, artisans, and craftsmen.

8 phases should be completed for a business license to be issued

Select A Business Occupation

Main steps for business licensing in Dubai The first stage in the course of issuing a license is defining the activity type which classifies legal custom possibilities and the people associated with that endeavor. There are above 2,100 corporate activities offered in Dubai, falling into different classes and groups such as industrial, commercial, professional and tourism activities.

The Selection of Legal Procedure

Legal procedures state the type of company you are setting up. However, this is not a form that needs to be filled by you. When the selection of legal process is made for your business in Dubai, it is recommended to take into consideration the business kind, its activities, the amount and nationality of business owners and the tenure choices.

Select Trade Name

When choosing a name for your business or company you should follow general trade name guidelines. The trade name should be related to the license type so that clients can't be confused.

Request For A Pre- Approval

This Pre-Approval Certificate is a record which states that the DED has no opposition for you start your business and can continue to take the next necessary steps in your application.

Arrange MOA and LSA agreement

Business licensing in Dubai When you have obtained the legal form of your company, you and your business partners would need to outline and sign a Memorandum of Association (MOA). In some cases, you will have to sign a Local Service Agent (LSA) / Corporate Agent agreement with a UAE national, who will represent your business with regards to licensing and compliance.

Establish Business Location

All businesses in Dubai must have a physical address. You can sign your rental contract with the landholder and record the contract with the official Ejari for confirmation.

Acquire Approvals

Some business accomplishments require special licensing consents by diverse government divisions (federal and local).

Pick Up The Business License

When the methods are all succumbed, the waiting time is provided for the approval usually between 2-5 working days. Once the approval is done, you will receive the license through e-mail.