A commercial Activity license in Dubai grants individuals or businesses legal authorization from the Department of Economic Development (DED) to engage in the buying and selling of goods and the provision of specific services. This license enables a wide range of business activities, allowing traders to operate both within the UAE and internationally. However, for a hassle-free application process, there are certain documents required for a commercial license. This article discusses the key documents required for carrying out commercial activity in Dubai.
| Document Type | Description |
|---|---|
| Completed Application Form | Includes the registered company name |
| Registered Lease Contract | Proof of the business premises |
| Copy of Shareholders' Passports | Identification of company owners |
| Passport-Size Color Photos (2) | Visual identification of key stakeholders |
To obtain a commercial license in Dubai, you need to submit the following documents:
Additional documents may be required depending on the nature of your business activities. For example, if you plan to import or export goods, you may need to provide additional documentation such as a trade license from your home country or a certificate of origin for your products.
Dubai's Department of Economic Development has outlined an extensive list of business activities permissible under a commercial license. This includes, but is not limited to, trading in medical commodities, aircraft and train spare parts, beauty and baby care essentials, real estate, and logistics. The diversity of activities under a commercial license provides entrepreneurs with the flexibility to explore various sectors.
Finalize the business activity that aligns with your skills, resources, and capabilities. You can choose multiple activities if feasible.
Choose between operating on the mainland or in a free zone, each with its own set of advantages.
Submit the application either to the Dubai Department of Economic Development (mainland) or the respective free zone office.
Provide necessary documents, including a completed application form, registered lease contract, shareholders' passport copy, and passport-size photos.
Once approved, pay the required fees to collect the commercial license from the local office.
The cost of a commercial license in Dubai ranges from AED 10,000 to AED 30,000. Factors influencing the cost include location, company size, and the type of business activity. Additional approvals may incur extra expenses.
Documents needed for commercial license renewal include:
The renewed trade license has an extended validity of 5 years.
Dubai's Department of Economic Development has outlined an extensive list of business activities permissible under a commercial license. This includes, but is not limited to, trading in medical commodities, aircraft and train spare parts, beauty and baby care essentials, real estate, and logistics. The diversity of activities under a commercial license provides entrepreneurs with the flexibility to explore various sectors.
Obtaining a commercial license in Dubai has several benefits, including:
However, there are also some drawbacks to obtaining a commercial license in Dubai, including:
Yes, you can apply for a commercial trade license on your own, but it is recommended to seek the assistance of a business setup consultant for a smoother and faster process.
Yes, you can renew your commercial license online through the Department of Economic Development's website.
To get a commercial license in Dubai, follow these steps:
No, having a valid leased office space is mandatory to fulfill the office address proof requirement for a commercial license in Dubai.
Summation
In summary, acquiring a commercial license in Dubai necessitates the submission of various documents and adherence to specific procedures. Despite the potentially intimidating nature of the process, it is imperative to guarantee the completeness and accuracy of all required documents to prevent delays or rejections. Seeking the expertise of corporatetaxUAE in Dubai can be instrumental in facilitating a smooth and successful application process. These professionals can offer guidance on the requisite documents for a commercial license and provide insights into any tax-related considerations that may arise. Engaging a dependable and seasoned Tax Agent in Dubai ensures businesses' full compliance with legal and regulatory requirements. Thus, contact us today and we shall be glad to assist you.
Mostafa is a seasoned Tax Consultant with over 5 years years of experience gained in diverse taxations matters. He has vast expertise in settling tax disputes with the Federal Tax Authority and handling of tax procedures in compliance with tax laws. He is adept in investigating underlying tax intricacies and offering expert tax advisory. He is also well-versed in conducting tax analysis’s and negotiations with the Tax Regulators, upon tax preparation and filing. Mostafa specializes in the areas of Tax law, Auditing, Accounting and Banking law.