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Trading Business Setup in Dubai - All you need to know

Entrepreneurs start their new setup with great hopes and dreams. The Dubai government supports the new aspirants in a greater way. Today 85% of the population is foreigners in Dubai. It is one of the biggest advantages of the new setup to deal with the variety of communities. World-class infrastructure, strategic location, and more than 130 Guinness World Records awarded to Dubai are some of the very few attractions of Dubai. It has become the dream city of every entrepreneur to set up a company in Dubai.

What is Trading License:-

A trading license is nothing but a legal identity of your company to carry out business activity in Dubai. It is also called a Commercial License. You have to select an activity that suits your Business. For eg.

Food and Agro Category

  1.       Dairy product trading Activity
  2.       Baby food trading Activity
  3.       Snacks trading Activity
  4.       Coffee Trading Activity
  5.       Spices Trading Activity etc.

Some free zones allow 3 activities free, some allow 7 activities free beyond that activities are chargeable.

Types of Trading Licenses

  1.       Commercial
  2.       Industrial
  3.       Professional
  4.       Tourism

Authority to issue the license

DED (Department of Economic Development) is the Government body authorized to issue the license.

How much time it takes to get license

From 3 days to a week.

License Validity: – 1 Year

Documents Required for Trade License

  1. Approved Trade Name Copy
  2. Lease Agreement   
  3. Article of Association

Cost: – Starts from AED 11,900/-

We Alya Almarzooqi Auditing,being the largest auditing firm in  Dubai will give you full support for your new company setup. Don’t wait, pick up a phone and call us for more inquiries. 

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