Before launching a business in Dubai – or anywhere else in the UAE – you must first decide on the sort of license you intend to get. This is dependent on the type of your business operations. There are numerous different sorts of licenses available: commercial, industrial, and professional. The latter, commercial, is what we will discuss here. A commercial license enables you to participate in trading, import, and export of products into, out of, and within the UAE, as well as the sale of specific services. Commercial licenses are quite popular in Dubai and the United Arab Emirates for a variety of reasons. For starters, Dubai is renowned worldwide for its excellent strategic location – surrounded by enormous markets in Africa, Asia, Europe, and the Middle East. The UAE’s numerous international airports and easy access to the Persian Gulf make it extremely attractive to cargo companies.
Finally, the emirate’s streamlined business formation process makes it simple to begin trading with the assistance of a company formation agency. Therefore, if you’re considering expanding your business in the UAE’s commercial sector, here are some critical aspects to consider.
What is a commercial license in the United Arab Emirates?
A commercial license Dubai enables you to trade in products and sell specific services in the most straightforward words. These items can be imported and sold in the UAE, exported elsewhere, or exchanged only inside the UAE. The business license lets you transact in virtually any merchandise, from jewelry and toys to packaging, food, and technology. Additionally, you may sell services through a commercial license, such as brokerage and real estate services.
License-related commercial activities
The following are just a few of the actions that a business license permits:
- Convenience shop
- Contracting in plumbing and sanitary systems
- Installation and maintenance of radio, television, and movie theatre equipment
- Automobile commerce
- Shoe exchange
- Trading of tanks and silos
- Refrigerated storage
- warehousing in general
- Self-storage facilities
- Services of rental
- Management of restaurants
The Department of Economic Development (DED) or a company formation professional can provide a comprehensive list of approved commercial business activities.
A commercial license Dubai is required to conduct business in the United Arab Emirates. The UAE economic department issues licenses and the procedures for issuing licenses vary per emirate. Commercial, industrial, and professional licenses are the three primary categories in the UAE. However, the government also grants a variety of additional licenses that are industry-specific.
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