The new business setup in Dubai brings endless opportunities for investors from all over the world. It offers many benefits such as 100% company ownership, 0% corporation & personal tax, 100% repatriation of capital and profits, 100% import and export tax exemption, No currency restrictions, and a secure business environment to the business owners when they choose to start a company in Dubai. Apart from these benefits, investors can choose from different options such as company type and trading activities for company formation in Dubai.

For new business setup in Dubai, investors need to acquire a business license to operate their trading activities legally as per the rules and regulations. Business license application and approval is an essential step in the company formation process. You need to pick the right business license for your business activities and kinds of services you will offer in the name of your company. In Dubai, you can apply for the following business licenses as per your business requirements:

• Trade license or commercial license
• Industrial license
• Professional license

In this post, we will talk about the trade license in Dubai and how to obtain in for your new business. Trade license or commercial license allows companies to operate most of the trading activities including the import and export of goods and commercial activities like services and sales across the UAE. It is issued by the Department of Economic Development (DED) through a proper application process.

Trade license in Dubai is also termed as general trading license and can be obtained for the businesses in the following industries:

• Healthcare
• Computer & IT
• Accounting & Finance
• Education
• Marketing
• Management
• Advertising

To obtain a general trading license, you need to go through a tailored application process along with relevant documents. You will need to produce your incorporation documents of the company along with your application to determine the business activities that you are going to operate. You will also need to pick an appropriate trade name as per the country’s law for choosing company names along with the Memorandum and Articles of Association for the initial approval from the DED. You will need the following documents while applying for the general trading license in Dubai:

• Company’s statutory documents (original as well as Xerox copy)
• DED’s approval for the trade name
• DED approval letter for setting up the company
• Rental Agreement as your business address proof
• Passport copies of all shareholders

To obtain a business license to start a company in Dubai, you should always consider hiring professional business consulting services for the ease of the process. Professional business consultants and experts help you with your documentation and application process to get approval from the DED easily and quickly. They understand all the rules and regulations for the new business setup in Dubai and can help you find the right business license as per your business activities and requirements.