General Trading License In Dubai
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What is General Trading License ?
General trading license in Dubai is very popular for business class that helps investors to start a general trade company in Dubai. Global Investors give preference to Dubai for establishing a general trade company too simply and initiate international and local trade operations from the respective region.
If you want to trade with numerous commodities in Dubai and internationally, it’s quite perfect for investors to require a general trade license for their business growth. General trade License in Dubai will be obtained from Free Zones and mainland.
- For Import and Export of goods, the trading company should take an import-export code.
- Company owners from different countries prefer a general trading license in Dubai and a preferable bank account in Dubai to increase their business profits.
- As per the amended industrial company law of Dubai, investors can make 100 % general trading company in Dubai.
Overview of General Trading License in Dubai
All types of business activities like wholesale, retail, import-exports of essential commodities, clothes, foodstuffs, machinery, and many more, all come under the category of general trading in Dubai. All necessary commodities should be traded easily when you get a general trade license. When you compare any particular license with a general trade license, it is more effective as it allows investors to sell more and more products.
Cost of General Trading License in Dubai
The cost of a general trading license in Dubai starts from AED 30,000 in the mainland. Generally the cost of selling a trading company in mainland as well as the license fee, virtual office rent with Ejari for one year, and also the pre-approvals all come around AED 42,000. This type of trading License in Dubai is quite a popular trade license which all the investors could easily take for business trading purposes in multiple products by using the same trade license.
- Dubai is like the most common hub for business trade and commerce.
- The strategic location of Dubai and also fast transport facility via air, sea, and land to the Asian and European markets makes it an ideal and excellent alternative for general trade business corporations to make their base and begin their general trade business.
- Dubai offers lots of business opportunities for trading corporations.
- The Free Zones and mainland provides amazing facilities to offices, warehouse support, banking help, transport, and supplying support, and foreign capital.
Different Steps helps you to get General Trading License in Dubai
Choose the proper jurisdiction – Whether it is Free zone or Mainland and therefore the business activities of your trading company which comes in the category of general trading License.
Select the name for your company and therefore the legal structure.
- You should fill the form and submit it to the respective authorities.
- Get the needed approvals for your business if required.
- Prepare the specified documents like the memo of Association (MOA), and the approved documents from the relevant government authorities
- Select the perfect business location and acquire the residence Contract & Ejari
- You should acquire the Trade license by submitting all the specified documents & fees.
- Apply for residence visa and bank account for respective business.
Documents required for General Trading License in Dubai
- Signed and particularly filled General trading License application by the investor/manager
- Memo of Association, investor agreement, and all different essential documents which are needed.
- Attested trade name Approval Letter from the Dubai Economy or from the other free zone authority
- Passport copy of the Shareholders
Two methods to gain a General trading license in Dubai
From Dubai Economy
Corporates always want to open a wholesale and retail business in the mainland and they are eagerly trying to get a General Trade License from the Dubai Economy is merely the perfect choice. There is an immediate License issued by DED that is valid for at least 1 year and which doesn’t need any office area.
- However, after one year the corporation needs to renew the license by securing a physical office area for your company to conduct trade in Dubai.
- General commercialism License in UAE permits the capitalist to directly sell, store, and distribute product within the UAE.
- It will enable you to be actively concerned for your trade business in Dubai and open a store and office in Dubai. Also, there’s no restriction on the amount of visas and employment visas.
- It directly depends on the work area of your office, if you have a big area you can hire more and more employees and if you have less then you can hire less workers.
- The stockholder agreement and other relevant documents should be submitted to the Dubai Economy to get the License in Dubai.
Dubai free zone
Dubai free zone is the perfect zone for business trading companies to set their business in Dubai. In general trading license investors should be able to sell, distribute, store and do import- export business. There are different
Free zones in Dubai approx. 40 free zones are involved in general trading which is quite sorted for license and investors deal with in Dubai.
- It has numerous benefits like 100% foreign ownership, no import duty and many more.
- It basically provides the formation of a business Trade Company in a very effective and easy way.
- It gives investors to facilitate their international business trade easily Because of advanced technology, warehouse support is always available in freezones.
How we will help you?
Our business experts consultants will guide you throughout the company formation procedure and will guarantee you that you will definitely get the general trade license in Dubai very easily. We will give you the right customized package that is according to your business requirement
From Dubai Economy
Corporates always want to open a wholesale and retail business in the mainland and they are eagerly trying to get a General Trade License from the Dubai Economy is merely the perfect choice. There is an immediate License issued by DED that is valid for at least 1 year and which doesn’t need any office area.
- However, after one year the corporation needs to renew the license by securing a physical office area for your company to conduct trade in Dubai.
- General commercialism License in UAE permits the capitalist to directly sell, store, and distribute product within the UAE.
- It will enable you to be actively concerned for your trade business in Dubai and open a store and office in Dubai. Also, there’s no restriction on the amount of visas and employment visas.
- It directly depends on the work area of your office, if you have a big area you can hire more and more employees and if you have less then you can hire less workers.
- The stockholder agreement and other relevant documents should be submitted to the Dubai Economy to get the License in Dubai.
Dubai free zone
Dubai free zone is the perfect zone for business trading companies to set their business in Dubai. In general trading license investors should be able to sell, distribute, store and do import- export business. There are different
Free zones in Dubai approx. 40 free zones are involved in general trading which is quite sorted for license and investors deal with in Dubai.
- It has numerous benefits like 100% foreign ownership, no import duty and many more.
- It basically provides the formation of a business Trade Company in a very effective and easy way.
- It gives investors to facilitate their international business trade easily Because of advanced technology, warehouse support is always available in freezones.