The commercial license in Dubai is famous for a variety of reasons. One of them is that trading is less expensive and time-consuming than creating goods and services from scratch and reselling them to wholesalers. For those who do not know, there are various license types available in Dubai, mainly commercial licenses, to assist you with your business setup.
A commercial license in Dubai, UAE, covers a variety of products and activities, making it one of the most sought-after licenses. So, if you want to obtain a commercial license as well, continue reading. By the end of this guide, you will have a complete understanding of what it's all about.
Every company that operates in Dubai must be licensed. The same applies to businesses involved in buying and selling goods and services in Dubai.
A commercial license, in its most basic form, allows you to conduct business in goods and provide specific services. In the United Arab Emirates, products can be imported, sold, exported overseas, or exchanged on the home market.
The commercial license in UAE allows you to sell anything from toys and food to packaging and electronics as long as you follow the rules. A commercial license also covers brokerage and real estate services.
Here is the list of some activities that are allowed under the UAE commercial license:
Import and export activities
Sales of electronic products
Provider of brokerage services
Real estate-related services
The construction supply trade
Self-storage services
Tanks and silos trading
Advertising service
Flowers and plants trading
Animal skin trading, and many more.
Foreign corporation subsidiaries and tourism-related businesses operating in the emirate must obtain a commercial license in Dubai. According to the most recent DED of Economy and Tourism statistics, 7.12 million foreign tourists visited Dubai in the first half of 2022. This represents a more than 183% increase over the same period in 2021.
The commercial license also applies to Dubai-based companies that provide healthcare services. However, it's important to remember that a Dubai company can only operate ten activities under its trade license. After the license is granted, a company with fewer than ten operations may complete the list of services or goods.
Opening a company in Dubai with a commercial license is usually favourable for business people. Let’s examine some of the noteworthy benefits:
Any location in Dubai is permissible for businesses with a commercial license to put their headquarters.
The license makes it simpler for international workers to obtain employment visas, and the business can hire many foreign workers.
Tax exemptions and free income repatriation to the foreign investor's home nation are available if utilised in a free trade zone.
Following the receipt of a commercial license in Dubai, traders have the option of producing or importing all of the commodities listed on the license. They have both options: they can export manufactured goods to any country they want, or they can sell these commodities on the local market.
The following are the steps for obtaining a commercial license in Dubai to start your business in the United Arab Emirates:
Businesses in the UAE must follow the documentation guidelines established by government agencies. To apply for a commercial license in Dubai, you must submit the following documentation:
A copy of your passport
Passport-size photographs
A copy of your entry visa
You can consult with our experts to avoid making mistakes. They will help you ensure that your paperwork is accurate and complete.
An important aspect to consider is the commercial license cost in Dubai. In UAE, the cost of a commercial license is anticipated to be €2,779. Additional registration fees, immigration fees, venue fees, and other expenses of €6,945+ or more must also be considered.
Commercial License
Additional Fees Like
Registration fees, immigration fees, venue fees
After the first year of validity, a Dubai commercial license can be renewed. A renewed trade license in Dubai is valid for four years. The following documentation is required to apply for a Dubai commercial license renewal:
The original or a duplicate of the trade license.
A copy of the lease agreement for the office space.
Obtaining approval from the appropriate authorities and, if necessary.
Information on worker accommodations in companies with foreign shareholders.