Commercial Licence
In Dubai, UAE
A Commercial License in Dubai, UAE, allows a company to engage in trading activities, including buying and selling goods, and providing services. It is one of the most common types of licenses issued in Dubai and is required for businesses involved in trading, import-export, retail, and other commercial activities.
Activities permitted under a Dubai commercial license include
Trading in goods:
This includes buying and selling goods within the UAE or internationally.
Import and export:
Companies with a commercial license can import goods into the UAE and export goods to other countries.
Retail:
Retail businesses, such as shops, malls, and online stores, require a commercial license.
Service-related activities:
Some service-based businesses, such as consultancy firms, also require a commercial license.
Trade licence vs commercial licence
A trade license is a broader term that encompasses various types of licenses, including commercial licenses. A commercial license, on the other hand, specifically refers to a license that allows a company to engage in trading activities.
Legal form
The legal form required for obtaining a Dubai commercial license depends on the type of business activity and the ownership structure. The most common legal forms for commercial licenses in Dubai include Sole Proprietorship, Limited Liability Company (LLC), Branch of a Foreign Company or Civil Company.
Advantages of obtaining a Dubai commercial license include
Access to a thriving market
No corporate or income taxes.
Business-friendly environment
Strategic location
Steps for registering and obtaining a commercial trade licence in Dubai
Choose a business activity and legal form
Choose a trade name
Apply for initial approval
Prepare required documents
Submit application
Pay fees
Receive the license
It is prudent to solicit the assistance of a business setup consultant like Startup Works to ensure that you complete all the necessary steps correctly and comply with the regulations and requirements for obtaining a commercial license in Dubai, UAE.
