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Get a Trade License in Dubai

Because of its flourishing economy and government support, many foreign investors are enticed to start a new business in Dubai.
The expat-friendly city offers ease of trade, massive demand for goods, and proximity to emerging markets, making it a sought-after location for business. However, to be able to establish a smooth-sailing enterprise, one needs to have a valid trade license.

What Is a General Trading License?

A trade license is simply a license that permits entrepreneurs to do business in Dubai. It is issued by the Department of Economic Development (DED). Depending on the nature or category of the enterprise, approval is given by the concerned ministry.
For instance, a financial institution requires permission from the Central Bank of the UAE. An insurance company should seek approval from the Ministry of Finance and Industry. On the other hand, all commercial and industrial agencies must register with the Chamber of Commerce and Industry.
There are three types of trade licenses you can apply for if you are planning on business setup in Dubai:
  • Commercial – given to companies performing any commercial trade activity related to goods, commodities, and services. Often issued to merchants, traders, dealers, suppliers, etc.
  • Industrial – required for companies that involve manufacturing activities (e.g. textile, food, metals, petroleum products, engines)
  • Professional – granted to an individual or group whose work involves using their mental skills and talents. (e.g. marketers, beauty technicians, accountants)



dO YOU WANT TO SET UP A COMPANY IN DUBAI?

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Location: Dubai - United Arab Emirates

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