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A trade license in UAE can be your first step towards becoming a business owner in the worldu2019s most significant economic hub. Individuals who wish to set up their business in the UAE can have a mainland company formation, an offshore company formation, and a free zone company setup. <br><br>A trade license is a principal document that allows you to conduct your business activities legally in the UAE. Selecting a trade license that aligns with your business activities and company structure is essential for the smooth functioning of your business. <br><br>This Blog will cover all the fundamental information
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HOW TO MODIFY OR UPGRADE YOUR TRADE LICENSE IN UAE A trade license in UAE can be your first step towards becoming a business owner in the world’s most significant economic hub. Individuals who wish to set up their business in the UAE can have a mainland company formation, an offshore company formation, and a free zone company setup. This Blog will cover all the fundamental information on trade licenses in UAE.
Different types of trade licenses in UAE Commercial license Industrial License Professional license Tourism License
Advantages of TRADE LICENSE IN UAE Here is a list of the benefits that a UAE trade license provides: Low import duty. Paid-up capital is not compulsory. 02 100% repatriations on capital and profit. 03 Banking benefits. 04 Tax Benefits. 05 Access to local as well as international trading. 06 01 07 Increased credibility. Abundant opportunities 08
UAE trade license: STEP-BY-STEP GUIDE STEP-BY-STEP GUIDE 25 The UAE is renowned for promoting foreign investment and simplifying company formation. Consequently, the UAE government ensure that the company registration costs and procedures are favourable for everyone. 20 15 10 5 Trade name and initial approval 01 0 Notarizing the company’s Memorandum of Association 02 Item 1 Item 2 Item 3 Item 4 Item 5 Document submission 03
How to renew your trade license in UAE Here is a step-by-step guide on how to renew your trade license in UAE Application for License renewal A Tenancy contract Make the payment It is necessary to have a tenancy contract with at least a month of validity from the expiration date of the trade license. If your tenancy contract expires, you must renew it before applying for renewal. After successfully submitting and authenticating documents, you will receive a payment voucher from the Department of Economic Development. You need to submit the following documents for renewal: A BR/ 1 form. Copy of tenancy contract. Current trade license copy. Business partner’s passport copies.
COST OF TRADE LICENSE IN UAE / DUBAI The cost of a trade license in Dubai varies according to the business activities and requirements. The starting price for a trade license in the free zone is AED 14,900*, whereas it is AED 25,500* for Dubai mainland. In addition, there are costs associated with activity class guides, license replacement, license translation, etc. Please note that these are only estimates; the final cost will depend on your needs. Get in touch with our experts at DUBIZ for a thorough cost estimate.
Get your TRADE LICENSE IN UAE TODAY! A trade license in Dubai is the key to benefiting from the various advantages that the UAE provides. It allows you to conduct your business activities in the UAE legally. It paves the way to boost your company’s revenues. Aiming to set up your business in the UAE? Contact our team at DUBIZ, who will assist you at every step of the way.
THANK YOU Contact Us +971 562986853 info@dubiz.co www.dubiz.co DUBIZ CONSULTANCY L.L.C Office Number: 304; Business Bay, Citadel Tower, Dubai