Avyanco guides you through the entire process of getting a trade license. From understanding the types of trade licenses, to opting for the right license – there are several variables involved. We know that it is important that you as an entrepreneur take account of all these variables.
Companies in Dubai mainland or any other emirate are licensed by the
Department of Economic Development (DED) along with approval from the juridical bodies. Avyanco helps you through all the documentations and assists you in the entire process of getting a DED trade license in the UAE.
Avyanco’s freezone experts guide you through freezone company setup and help you get licensed by their respective freezone authorities. Freezones cater to a narrower and specialised commercial sector. These sectors are not licensed by the DED but are rather licensed by their exclusive governing authorities. We help you understand these authorities and their benefits under each freezone license.
Starting an offshore company in Dubai will not allow you to do business within the UAE. Hence, you will not be given a trade license. But, with Avyanco get, your offshore incorporation certification. Get in touch with our offshore experts for more on the subject now!
Department of Economic Development in Dubai (DED) is the governmental body authorised to monitor and license businesses of all kinds across Dubai. The DED provides the license to the individuals or businesses so that the company is formed and is regulated in accordance to the UAE Commercial Law.
The DED charges a fee along with a security deposit and reserve a name under which business can be conducted for a professional company. Essentials forms such as passport copies (in case on tourist visa), UID number, Jinsiyya copy of the local partner, NOC in case of sponsor for an expatriate and other permissions from municipality, RTA, health ministry etc. may be required under certain circumstances. Also, BR1 form, name reservation certificate, tenancy contract and EJARI registration certificate needs to be submitted. Under such circumstances, the best option would be to contact a business setup expert because get these approval and requirements of a professional trade license in Dubai can be difficult, especially if you are new to the country.
Once you submit the trade license application along with the above-mentioned documents you can expect to receive the trade license in just a few days.
Trade license can barricade or broaden the scope of your business. For instance, if you want to setup an e-commerce business to trade your own manufactured products, an ecommerce license or portal license will not be enough! You will have to apply for a general trading license so that you are registered as an authorised trader as well as have the liberty to have an online trade existence.
Department of Economic Development (DED) is a government body entrusted to license companies in Dubai.
It may take three days to a few weeks to get a trade license in Dubai. It depends on the approvals that may required for your business activity from authorities, etc. If you have all the right documents, a trade license can be issued in three-days.
Yes, the DED in Dubai offers instant trade licenses for business willing to start a business immediately. This license is valid for one-year without any documentation. The instant license allows you to trade freely, without the need of submitting the memorandum of association, tenancy contract and other such documents.
Mainland License: Business in Dubai mainland or Dubai onshore are licensed by the Department of Economic Development (DED) along with approval from the juridical bodies.
Free Zone License: Free zone companies are licensed by their respective freezone authorities. Freezones cater to a narrower and specialised commercial sector. These sectors are not licensed by the DED but are rather licensed by their exclusive governing authorities. The authorities frame the benefits and limitation under each free zone license.
Offshore Incorporation Certificate: Starting an offshore company in Dubai will not allow you to do business within the UAE. Hence, you will not be given a trade license. An offshore company only is given an incorporation certification. Being an offshore company, you can trade via UAE bank accounts as well as freely trade outside the country.