Dubai is the first choice for global goods trading companies to line up their base. The favorable business environment, government support, robust logistics infrastructure is making Dubai the right Launchpad for a trading company.
General Trading License is the most popular Business License category in Dubai among foreign investors.
How to Obtain a Trade License in Dubai? — Steps Explained
1. Choose the tradename and the appropriate company structure — LLC Company from Mainland of Dubai
2. Choose the business activities that you simply shall trade from the list of business activities (3000+activities to pick from)
3. Fill and Submit the Trading License Application form to the DED, Dubai
If any special activities are involved like food trading, pharmaceuticals, mobile phones, etc.,) get the specified approval from the respective government authorities.
4. Locate a UAE sponsor for your LLC Company and prepare the shareholder agreement accordingly
5. Arrange all the specified documents for submission to the DED, Dubai for the review
6. Take a physical Office Space, search for a warehousing facility if required. The Tenancy Contract (Ejari) must be submitted to DED as a part of other documents
7. Make the specified Fee payment to issue the Trade License from DED, Dubai.
8. Once you obtain the overall Trading License from the authorities you’ll proceed to the opening of a company checking account also as apply for the UAE residence visa.
Experienced Business Consultants like AURION will assist you altogether the steps of company registration and make sure you get the trade license quicker and at an economical fee.
Benefits of a General Trading License in Dubai
1. Tax-Free Jurisdiction (No Corporate or income Tax) makes it a positive spot for trading companies
2. Easy Local and international Trade Expansion and No restrictions in trading in other currency
3. Auditing isn’t mandatory, only the banks may require it for KYC purpose
4. Hassle-Free Company Formation Process, Easy Residence visa processing & checking account opening
5. No capital requirement for registering a General Trading company
6. 100% repatriation of capital and profits
7. Low Import duty
What is the value of a General Trading license in Dubai?
The LLC general trading license starts at AED 30,000 in Dubai and therefore the total cost of the LLC general trading license depends on various factors like location, office space, warehouse requirements, visa quota, and more.
As an alternate to LLC General Trading, investors can check out the Free Zones for an economical General Trading License Package to start out your business venture with and later open a branch and expand to the mainland of Dubai once the business grows.
General Trading License in UAE will enable entrepreneurs to simply proportion their operations based in Dubai.
We are here to help you with the overall Trading Company Formation process and answer all of your business setup related queries. Connect with our team right away @ Aurion Business Consultants
