{"id":26415,"date":"2020-04-07T09:24:31","date_gmt":"2020-04-07T09:24:31","guid":{"rendered":"https:\/\/arabbusinessconsultant.com\/?p=26415"},"modified":"2023-12-06T11:28:05","modified_gmt":"2023-12-06T11:28:05","slug":"things-you-need-to-know-about-dubai-trade-license","status":"publish","type":"post","link":"https:\/\/arabbusinessconsultant.com\/blog\/things-you-need-to-know-about-dubai-trade-license\/","title":{"rendered":"Things You Need to Know about Dubai Trade License"},"content":{"rendered":"<p style=\"text-align: justify;\">A Dubai trade license is the permit to do a trading business within Dubai, UAE. However, for certain business activities, businesses need to obtain approval from concerned ministries or authorities. For instance, insurance companies require approval from the Ministry of Economy and Commerce and financial institutions need approval from the Central Bank of the UAE.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-26416 size-full\" src=\"https:\/\/arabbusinessconsultant.com\/wp-content\/uploads\/2020\/04\/dubai-city-lettering_23-2148378260.jpg\" alt=\"Industrial License\" width=\"626\" height=\"417\" title=\"Arab Business Consultant\" srcset=\"https:\/\/arabbusinessconsultant.com\/blog\/wp-content\/uploads\/2020\/04\/dubai-city-lettering_23-2148378260.jpg 626w, https:\/\/arabbusinessconsultant.com\/blog\/wp-content\/uploads\/2020\/04\/dubai-city-lettering_23-2148378260-300x200.jpg 300w, https:\/\/arabbusinessconsultant.com\/blog\/wp-content\/uploads\/2020\/04\/dubai-city-lettering_23-2148378260-81x54.jpg 81w\" sizes=\"(max-width: 626px) 100vw, 626px\" \/><\/p>\n<p style=\"text-align: justify;\">Foreign investors who are looking to start a new business in Dubai mainland need to pay attention to the type of business license. There are, generally, three types of licenses available in Dubai, namely:<\/p>\n<ul style=\"text-align: justify;\">\n<li>The Trade License<\/li>\n<li>The Industrial License<\/li>\n<li>The Professional License<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">Consulting with a licensed business consultant would help you know about all these licenses in detail and finding which type of business license is fit for your business.<\/p>\n<p style=\"text-align: justify;\">This blog discusses the <a href=\"https:\/\/arabbusinessconsultant.com\/dubai-ded-mainland-licensing-and-setup\/\">Dubai Mainland Trade License<\/a> in detail. Let\u2019s take a look.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/arabbusinessconsultant.com\/blog\/things-you-need-to-know-about-dubai-trade-license\/#Dubai_Mainland_Trade_License\" >Dubai Mainland Trade License<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/arabbusinessconsultant.com\/blog\/things-you-need-to-know-about-dubai-trade-license\/#Who_can_obtain_a_Dubai_Mainland_Trade_License\" >Who can obtain a Dubai Mainland Trade License?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/arabbusinessconsultant.com\/blog\/things-you-need-to-know-about-dubai-trade-license\/#How_to_acquire_a_Dubai_Mainland_Trade_License\" >How to acquire a Dubai Mainland Trade License?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/arabbusinessconsultant.com\/blog\/things-you-need-to-know-about-dubai-trade-license\/#Documents_Required_to_Obtain_Dubai_Trade_License\" >Documents Required to Obtain Dubai Trade License<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/arabbusinessconsultant.com\/blog\/things-you-need-to-know-about-dubai-trade-license\/#Professional_Trade_License\" >Professional Trade License<\/a><\/li><\/ul><\/nav><\/div>\n<h5 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Dubai_Mainland_Trade_License\"><\/span><strong>Dubai Mainland Trade License<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p style=\"text-align: justify;\">A trade license is also known as general trade license and commercial license. Dubai mainland trade license covers most of the activities that can be carried out in Dubai mainland and across the UAE. This license is issued by the Department of Economic Development (DED) in Dubai.<\/p>\n<p style=\"text-align: left;\">Note: If a company wants to sell different products in the Dubai mainland, it doesn\u2019t need to acquire a trade license for each category of products because the general trading license covers all the activities of the company.<\/p>\n<h5 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Who_can_obtain_a_Dubai_Mainland_Trade_License\"><\/span><strong>Who can obtain a Dubai Mainland Trade License?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p style=\"text-align: justify;\"><strong>Dubai trade license can be obtained by the following<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li><em>Import and export companies registered in Dubai mainland<\/em><\/li>\n<li><em>Companies that carry out commercial services, such as sales of goods and services in Dubai mainland<\/em><\/li>\n<li><em>Companies that offer professional services in Dubai mainland<\/em><\/li>\n<\/ul>\n<h5 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"How_to_acquire_a_Dubai_Mainland_Trade_License\"><\/span><strong>How to acquire a Dubai Mainland Trade License?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p style=\"text-align: justify;\">The procedure of obtaining a Dubai Mainland Trade License requires incorporating documents related to the trading field. It is also vital to notice that most business activities in Dubai mainland are covered under the general trade license. However, it is better to ascertain the license type you need by consulting with a business expert.<\/p>\n<p style=\"text-align: justify;\">To obtain a trade license, a person must have a Trade Name, Memorandum, and Articles of Association in advance. Once you have them ready, you can file with the DED for initial approval. Besides, an individual must have a rental agreement as proof of the registered address of the company. Finally, the application for trade license can be submitted.<\/p>\n<h5 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Documents_Required_to_Obtain_Dubai_Trade_License\"><\/span><strong>Documents Required to Obtain Dubai Trade License<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p><img decoding=\"async\" class=\" wp-image-26417 aligncenter\" src=\"https:\/\/arabbusinessconsultant.com\/wp-content\/uploads\/2020\/04\/hands-holding-document-pencil_1325-132-300x300.jpg\" alt=\"Business Setup\" width=\"319\" height=\"319\" title=\"Arab Business Consultant\" srcset=\"https:\/\/arabbusinessconsultant.com\/blog\/wp-content\/uploads\/2020\/04\/hands-holding-document-pencil_1325-132-300x300.jpg 300w, https:\/\/arabbusinessconsultant.com\/blog\/wp-content\/uploads\/2020\/04\/hands-holding-document-pencil_1325-132-150x150.jpg 150w, https:\/\/arabbusinessconsultant.com\/blog\/wp-content\/uploads\/2020\/04\/hands-holding-document-pencil_1325-132-81x81.jpg 81w, https:\/\/arabbusinessconsultant.com\/blog\/wp-content\/uploads\/2020\/04\/hands-holding-document-pencil_1325-132.jpg 626w\" sizes=\"(max-width: 319px) 100vw, 319px\" \/><\/p>\n<p style=\"text-align: justify;\">When you apply for Dubai trade license, you are required to present the following documents to the Trade License and Commercial Registration Department within the DED:<\/p>\n<ul style=\"text-align: justify;\">\n<li><em>A filled and signed (by company\u2019s legal representative) standard application form<\/em><\/li>\n<li><em>Original statutory documents of the company and their copies<\/em><\/li>\n<li><em>The DED\u2019s letter with the approval of company name<\/em><\/li>\n<li><em>The DED\u2019s letter attesting the approval for company setup<\/em><\/li>\n<li><em>The tenancy (Rental) agreement<\/em><\/li>\n<li><em>Passport copies of all shareholders<\/em><\/li>\n<\/ul>\n<h5 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"Professional_Trade_License\"><\/span><strong>Professional Trade License<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p style=\"text-align: left;\">A professional trade license is a special permit that is issued for businesses related to specific industries, for instance:<\/p>\n<ul style=\"text-align: left;\">\n<li><em>Accounting and finances<\/em><\/li>\n<li><em>Information Technology (IT)<\/em><\/li>\n<li><em>Education<\/em><\/li>\n<li><em>Healthcare<\/em><\/li>\n<li><em>Advertising<\/em><\/li>\n<li><em>Marketing and more<\/em><\/li>\n<\/ul>\n<p style=\"text-align: justify;\">This license can be obtained by sole proprietors and it grants full foreign ownership when obtained by a sole trader.<\/p>\n<blockquote><p><em><strong>\u201cA small business is an amazing way to serve and leave an impact on the world you live in.\u201d\u00a0<\/strong><\/em><em><strong>-Nicole Snow<\/strong><\/em><\/p><\/blockquote>\n<p style=\"text-align: justify;\"><strong>Note:<\/strong> Foreign citizens applying for a trade license in Dubai mainland must become a resident of Dubai to enjoy full ownership over the sole proprietorship.<\/p>\n<p style=\"text-align: justify;\">A person needs to obtain a trade license even when he\/she is opening a branch of their foreign company in case activities to be carried out are covered under the trade license.<\/p>\n<p style=\"text-align: justify;\">Learn more about Trade License acquiring. <a href=\"https:\/\/arabbusinessconsultant.com\/contact-us\/\">Contact us<\/a> to know more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Dubai trade license is the permit to do a trading business within Dubai, UAE. However, for certain business activities, businesses need to obtain approval from concerned ministries or authorities. For instance, insurance companies require approval from the Ministry of Economy and Commerce and financial institutions need approval from the Central Bank of the UAE. Foreign investors who are looking to start a new business in Dubai mainland need to pay attention to the type of business license. There are, generally, three types of licenses available in Dubai, namely: The Trade License The Industrial License The Professional License Consulting with a licensed business consultant would help you know about all these licenses in detail and finding which type of business license is fit for your business. This blog discusses the Dubai Mainland Trade License in detail. Let\u2019s take a look. Dubai Mainland Trade License A trade license is also known as general trade license and commercial license. Dubai mainland trade license covers most of the activities that can be carried out in Dubai mainland and across the UAE. This license is issued by the Department of Economic Development (DED) in Dubai. Note: If a company wants to sell different products&#8230;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[273],"tags":[356],"class_list":["post-26415","post","type-post","status-publish","format-standard","hentry","category-blog","tag-dubai-mainland-trade-license"],"_links":{"self":[{"href":"https:\/\/arabbusinessconsultant.com\/blog\/wp-json\/wp\/v2\/posts\/26415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arabbusinessconsultant.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arabbusinessconsultant.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arabbusinessconsultant.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/arabbusinessconsultant.com\/blog\/wp-json\/wp\/v2\/comments?post=26415"}],"version-history":[{"count":5,"href":"https:\/\/arabbusinessconsultant.com\/blog\/wp-json\/wp\/v2\/posts\/26415\/revisions"}],"predecessor-version":[{"id":27025,"href":"https:\/\/arabbusinessconsultant.com\/blog\/wp-json\/wp\/v2\/posts\/26415\/revisions\/27025"}],"wp:attachment":[{"href":"https:\/\/arabbusinessconsultant.com\/blog\/wp-json\/wp\/v2\/media?parent=26415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arabbusinessconsultant.com\/blog\/wp-json\/wp\/v2\/categories?post=26415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arabbusinessconsultant.com\/blog\/wp-json\/wp\/v2\/tags?post=26415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}