Acquiring a trade license in Dubai can be a complex process, but it is a necessary step for anyone looking to start a business or engage in commercial activities within the ‘Golden City’. In this guide, we'll walk you through the steps you need to take to obtain a trade license in Dubai.
Step 1: Determine the type of license you need
Dubai offers three types of trade licenses: commercial, industrial, and professional. Commercial licenses are required for businesses engaged in trading activities, industrial licenses are for companies involved in manufacturing or industrial activities, and professional licenses are for businesses offering professional services such as consulting, legal or accounting services. Determine which type of license you need based on your business activity.
Step 2: Choose a company name
Before you can apply for a trade license, you need to choose a company name that is not already in use. You can search for available names on the Dubai Department of Economic Development (DED) website.
Step 3: Choose a business location
You will need to choose a location for your business. You can either rent or purchase commercial property in Dubai, but make sure that the property is approved for commercial use.
Step 4: Prepare the necessary documents
To apply for a trade license in Dubai, you will need to prepare the following documents:
Passport copies of all shareholders
No-objection certificate from your sponsor (if you are not a UAE national)
Memorandum of Association (MOA)
Tenancy contract for your business location
Dubai Chamber of Commerce and Industry (DCCI) membership certificate
Trade name reservation certificate
Step 5: Submit your application
Once you have prepared all the necessary documents, you can submit your application to the DED. You can do this online through the DED website, or in person at one of the DED service centers.
Step 6: Pay the fees
You will need to pay the required fees to obtain your trade license. The fees will vary depending on the type of license you are applying for.
Step 7: Obtain your trade license
After your application is processed, you will receive your trade license. This license allows you to legally engage in commercial activities in Dubai.
Step 8: Renew your trade license
Trade licenses in Dubai are typically valid for one year, after which they must be renewed. You can renew your trade license through the DED website or at one of the DED service centers.
Step 9: Hire a PRO agent
Obtaining a trade license in Dubai requires careful planning and preparation and, if you are an overseas investor, you will need to hire a local PRO agent to help you manage your affairs.
Call T&M PRO and we’ll take you through the steps outlined in this guide efficiently and always with a smile. With T&M PRO, you can ensure that you have everything you need to successfully obtain a trade license and start your business in Dubai.