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What is Dubai Trade License?

Updated: 12/17/2022
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virudhae

Lvl 1
3y ago

Best Answer

"Simply put, if you wish to trade in mainland Dubai you will need a trade license. To elaborate, a trade license permits businessmen to do business in UAE. Trade Licenses are issued by multiple authorities in the country. The issuing authority will depend on the emirate you wish to establish/ conduct your business activities in and the type of company you establish (Mainland or free zone company). Without a trade license, you cannot operate a business in the UAE, doing so is illegal.

In Dubai, trade licenses for mainland businesses are issued by the Department of Economic Development (DED). There are over 30 free zones in the city too, establishing a business in one of these free zones would mean applying for a trade license from the respective free zone. Some free zones in Dubai are:

Dubai Airport Free Zone (DAFZA)

Jebal Ali Free Zone (JAFZA)

Dubai Multi Commodities Centre (DMCC)

Dubai Media City, etc.

The type of trade license that you will have to apply for will depend on your business activity and services offered. Trade Licenses in the UAE can be categorized into the following types:

Commercial licenses including all kinds of trading activities.

Professional licenses – professions, services, craftsmen and artisans.

Industrial licenses for establishing industrial or manufacturing activity.

To understand the activities and type of trade license that will be best suited for your proposed business you can connect with business consulting firms and experts."

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centurion114660

Lvl 5
3y ago
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johnsmith747969

Lvl 2
3y ago

Trade license is an official permit you need to start a business in Dubai issued by DED and it is also referred as the commercial. Either you are going to start a business in Mainland Dubai or in Free Zone, Trade license is must.

Document Needed:

  • Application form.
  • Statutory documents (original and copy).
  • Approval From DED.
  • The tenancy agreement
  • Details of all shareholder's

Contact OBK Business Centre on their official site (obkbc. com) for the full information regarding trade license and company formation.

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Maria John

Lvl 2
1y ago

A trade license is a license issued by the government of Dubai to a company permitting it to do business. This is necessary for all companies in Dubai, whether they are sole proprietorships or limited liability companies. A rade license is issued for a period of time, and the license holder must renew it before it expires.

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