All about Commercial license in UAE
A commercial license in UAE is one of the types of Trade licenses available in UAE. In order to buy and sell any commodities or goods, businesses need to have Commercial License. Commercial License in UAE is issued from 3 jurisdictions.
Activities covered under UAE Commercial License
Before applying for the commercial license businesses need to decide on the activity that they are looking to operate in UAE. If you are planning to start a business for the below activities. Then you need to apply for a Commercial license.
- Logistics
- Import and export
- Tourism and travel
- Brokerage
- Product-oriented sales(construction, electronics, shops, stores, etc)
- Real Estate
- Rental Busines
Documents Required
Once you choose the business activity, make sure to register your business trade name by submitting the relevant documents to DED and the UAE Federal Ministry of Economy to get your commercial license.
You need the following documents to acquire a trade license
- Trade name registration
- Lease or registered address of the company
- Sponsor/partner MOA
- Permits from municipality departments
once you submit the above documents, pay the license fee and collect the documents after DED verifies the Documents.
Best locations in UAE for Commercial activity
Businesses who are planning to set up the commercial activity, are always suggested to set up their offices in a place that is near to Airports or Sea routes. Dubai has well-equipped seaports that businesses can advantage with. Here are some seaports:
- Port Rashid
- Jebel Ali
- Al Hamriya
these locations can handle passenger and cargo services.
If you are looking to set up your business in UAE and need assistance with the documentation, license, VISA & corporate bank account setup, make sure to connect with us on this WhatsApp number +9710508045640 or write us at info@vr1global.com