What exactly is a Dubai Trade License?" Getting a business license is by far the most important aspect after setting up an organization in Dubai. The most commonly used kind of business license is the which refers to all the legal activities that are able to be carried out in the UAE after getting the permit. Just like any other country, there are many formalities and conditions for starting up an organization in Dubai. All the permits and legal requirements have to be fulfilled before you can start operating your business.
The most common types of licenses being applied for in Dubai are commercial, office, and private permits. There are no special rules being applied for these permits except that you have to get a registration and business license from the designated ministry. You may have applied for a business license but didn't get it after submitting your documents. In such cases, you will have to go back to the application center and apply again.
You may have also applied for a Dubai trade license but weren't successful because you were not qualified according to the rules. In such cases, the Dubai authorities have the authority to refuse your application or cancel it. This is because the business venture you are going to set up cannot be based on a legal UAE Trade License. According to the law of the emirate, you have to get the approval and license from the Dubai ministry before you can operate legally. You need to provide the required documents and proofs for this.
As soon as you have all the required documents ready, you have to apply for the Dubai trade licenses from the designated department. The Dubai regime really likes to encourage foreign direct investment and it welcomes all the foreign investors. That's why the Dubai government offers different types of Dubai franchise agreements to its selected foreign businessmen. It even has its own franchise system which is more or less like a foreign investment system in Dubai. So, in case you are looking to start a new business in Dubai or expand your existing business, you should consider getting the required license.
The Dubai authorities to issue various types of Dubai trade licenses according to the legalities and nature of your business activities in the emirate. If you are planning to open a new business or increase your existing business, you should get the required documents earlier so that you don't face any kind of complication later. There are various rules and regulations related to the trading in Dubai free zone. According to the nature of your business, you can choose between the Dubai business visa and the Dubai business permits. You should choose the right type of license to get your work going.
If you are planning to operate a big scale business in Dubai, you can easily get a Dubai business visa for the necessary permits and other related legalities. If you are just planning to start a new business in Dubai, you can easily get a Dubai business permit. The requirements of this permit are that you should have at least ten employees at the end of every month. The business must be registered at the Dubai Free Trade Zone. You should also show the relevant documents such as your business license and the necessary registration papers on how to start a business in Dubai.
On the contrary, if you have already got a business license for Dubai, then you might not need to apply for a new one. For this, you should contact the concerned office and talk about the procedure of applying for a new business license. The Dubai authorities offer plenty of options to people who want to start a new business or expand their existing ones in Dubai. You can select from the Dubai business permits that are mentioned below:
After applying for a Dubai business visa, you should also get a Tenant agreement or a rental agreement. This will help you to continue running your business legally after you obtain your license. Another option is to get a Lease purchase contract. However, before you get a lease-purchase contract, you should check with the Dubai government whether the property you are going to buy in Dubai is allowed for any business activities.