Getting a business license in Dubai is arguably the most vital element once you have established the business in the city. The most commonly used category of business license is the commercial license, which refers to all the formalities and which designates all the legal activities which are able to be carried out within the UAE. It is essentially the first step towards starting the business in Dubai and once obtained, allows international trade to commence. This is absolutely necessary for companies based within the United Arab Emirates, or any country for that matter. Starting the business in Dubai without a license leaves you open to several severe legal problems, which can become extremely difficult to sort out if and when they occur.
As you would expect, the requirements of getting a license vary from one individual to another. In general, the process involves submitting relevant documents, including the application, the payment of certain administrative fees and then, if required, the processing of a document finish. Once all these documents have been submitted, an inspection visit by the concerned government body is then carried out. During this visit, the officials will verify all the information provided by the applicant and then finally issue the license. If the business was not registered during this process, the investors may need to obtain an extension. There are many ways through which an investor's trade name can be secured in Dubai. If you have already obtained a trade license for your office equipment business in Dubai, you will find that the concerned authorities can issue an electronic equipment terminal (also referred to as an EET) to your business. This is absolutely free of cost and can be used to process all the necessary paperwork. However, to obtain a business name, you must first apply for an electronic address. This process is relatively easy and is actually one of the simplest ways to obtain a trade license in Dubai. If you have applied for an industrial license for your office premises in Dubai, the same process described above should be followed. Only then can you apply for a copy of your ID. The process is simple and involves submitting an application to the Dubai emirate's department of commerce and commercial affairs. After submission, one should wait for three months, during which time the license will be checked. If it is approved, the applicant receives a written approval, which consists of a printed certificate and a travel visa. A business' registration in Dubai also requires the submission of a tenancy contract. The contract, which is also called a lease, is required to state the length of the license term. The contract must also specify the conditions under which the license may be terminated. For example, a general trading license may be required to terminate upon expiry. Likewise, a lease may be suspended for non-payment of any fees. Business owners wishing to start a new business operation in Dubai may obtain a Trade Enterprise Registration from the Dubai government authorities. However, before starting operations, it is advised that business owners take the time to apply for business licenses. This is due to the fact that most government authorities require a business activity registration to be valid. Once obtained, the permits are valid for three years. To attract more foreign investors to invest in the country, the government has made several measures. One such measure is the granting of a business license. This is one of the most effective ways to attract investors to invest in Dubai because a business license often allows a foreign investor to open an office in Dubai and reap the benefits of being registered in the country. A business license can either be obtained directly from the federal government or via a private entity. Both options are free of charge. Nevertheless, business owners must be aware of the complexities involved in applying for a business license. If one wishes to purchase a Trade License In Dubai, one must apply directly to the federal cabinet or through a private entity. Foreign businessmen who wish to purchase a business visa and then hold a Trade License In Dubai need to first apply for a business activities visa (temporary visa). Once the visa is granted, they may then apply for a Trade License In Dubai.
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