There are many of these commercial licenses that exist in the Emirates, and these commercial licenses are of interest to many of these merchants and businessmen who want to practice their commercial activity in Dubai. There are many of these commercial licenses that must be known in advance in the Emirates so that you can carry out any activity. Commercial among them. In this article, here are the types of commercial licenses in the Emirates? And how to get it.

Commercial license in Dubai

In order to be able to practice any commercial activity in Dubai, you must first know the commercial license in Dubai and its different types. In the event that you want to practice any type of commercial project that can be practiced in Dubai, in this case you must send an email to the website for the classification. Activities, with a clear statement of your commercial activity that you want to practice so that you can obtain a license for it from the body responsible for issuing these licenses.

However, the Licensing Department, as well as the Commercial Registration Department, have provided many quick services by launching this initiative called the Instant License, which can make businessmen obtain that license very quickly and within a time not exceeding five minutes as well, and after that It is possible for all partners to come to these specialized centers to obtain the license in order to obtain this license.

What are the types of commercial licenses in the UAE?

In the Emirates, there are several types of commercial licenses that companies can obtain, and these licenses vary according to the type of business activity and the specific legal requirements in each emirate. Among the common types of commercial licenses in the UAE:

1. Commercial License: This license allows companies to engage in general commercial activity without certain restrictions, and is usually used for companies that specialize in selling goods or providing services.
2. Professional License: This license is issued to individuals who wish to practice a specific profession, such as doctors, lawyers, engineers, accountants, translators, and others.
3. Industrial License: This license allows companies to produce and manufacture goods, and is mainly used for companies operating in the industrial sector.
4. E-commerce License: This license is issued to companies that wish to conduct business online without the need for an office or physical store.
5. Tourism and Travel License: This license enables companies to provide tourism and travel services, such as organizing tourist trips and hotel reservations.

Renewal of commercial licenses in the Emirates

Renewing commercial licenses in the UAE is considered an important process to ensure the company continues to conduct its business legally. Here is a general overview of how to renew commercial licenses in the UAE:

1. Early review: Review the expiration date of your business license and start the renewal process well before expiration, to avoid any business interruption.
2. Updating documents: You may need to update some documents, such as lease agreements and municipal licenses, if there are any changes in the information.
3. Payment of fees: Pay the trade license renewal fees and any additional fees that may be involved in the renewal process.
4. Submitting the application: Submit a request to renew the commercial license to the competent authority, whether this is the Department of Economic Development in the emirate in which you work, or the Business Authority or the General Authority for Trade and Industry, depending on the emirate.
5. Examination and approval: After submitting the application, it will be examined by the competent authority and the necessary verification of the information will be carried out, then a decision to renew the license will be issued.
6. Renew necessary contracts: You may also need to renew employment contracts, lease contracts, and any other relevant contracts.
7. Receiving the renewed license: After approving the renewal request and paying the required fees, you will be able to receive the renewed commercial license.

Cost of a business license in Dubai Free Zone

The cost of obtaining a business license in the Dubai Free Zone varies based on the type of license and the chosen company activity. Here are some factors that affect the cost of a business license in the Dubai Free Zone:

• Type of corporate license: The cost of the license varies depending on the type of company, whether it is an individual company, a joint stock company, or a limited liability company, and there are different fees for each type.
• Range of permitted activities: Some free zones impose additional fees for specific activities, and this depends on the type of business activity you wish to engage in.
• Size and space required: Some free zones may require additional fees based on the size of commercial space you need for your company.
• Additional services: If you require additional services such as logistics, legal or administrative services, there may be additional costs for this.
• Additional Licenses and Permits: You may need to obtain additional licenses and permits for some activities, which may require additional fees.

Procedures for establishing a company in Dubai

In order to carry out your activity in Dubai, you must know the procedures for establishing a company so that you can complete all the procedures for establishing the company as well as obtain all the necessary approvals to obtain this company. Therefore, the procedures for establishing a company are: –

• Determine the type of activity you wish to practice. After determining your type of activity, you can now identify those parties who are associated with you in your business activity and the legal form assigned to it.
• One of the procedures for establishing a company is to determine the activity according to the type of your company. It may be either a joint-liability company, a limited liability company, a public or private joint-stock company, or many other types of companies.
• After that, the procedures for establishing a company are completed by determining the legal form of the company, which depends on the nationality of the company owners and the type of activity they wish to practice.
• After that, your company\\\’s trade name is registered, which distinguishes your license from any other license. Each company has its own activity and its own commercial license.
• It is also necessary to complete the procedures for establishing a company by obtaining that initial approval for your commercial activity, so that you can then obtain the rest of the approval of other parties related to the same activity.
• After that, you can choose the headquarters to conduct your business through, because all companies must conduct their work through an actual and existing headquarters in order to conduct their business.
• After that, approval is obtained from other parties concerned with the activity of your company. There are some activities that require the approval of certain parties, such as insurance activity, transportation activity, as well as activities that are specific to those legal consultations, as well as the activity of selling that equipment for extinguishing fires.
• After completing the procedures for establishing the company, the license is now obtained, which gives you the right to practice your activity freely and without any restrictions on you. After completing all the previous steps, all documents are submitted in order to obtain a license to practice commercial activity, and after that you can register as a member of the Chamber of Commerce until You can start practicing your economic activity.

Investment costs in Dubai

In order to be able to invest in Dubai and start practicing your activity, you must know the costs of investing in Dubai. With the advantage of tax exemption available in Dubai, it has made it an attractive factor for all investors, but you must keep in mind the costs of investing in Dubai and be aware of those fees that It is required in order to obtain those commercial licenses necessary for you to practice your activity in Dubai.

Therefore, the Dubai website of the Department of Economic Development has provided this data through which the investor can estimate the amounts required to obtain licenses. One of the costs of investing in Dubai is that the company owner must have a minimum amount of capital in the event that he practices his activity in the free zone. You must also know the amounts for sponsoring the employees working in this company and all the possible amounts for importing its own goods in order to start practicing the activity, as all of these are considered investment costs in Dubai.

Conditions for establishing a company in the Gulf

Dubai now has the opportunity to launch many companies, one of these easy and quick things so that they can be compatible with the economic development department located in Dubai, and one of the conditions for establishing a company in the Gulf, and when an investor wants to establish an economic activity in the Gulf, he must know: One of the conditions for establishing a company in the Gulf is that it must be registered in the Department of Economic Development, which specializes in registering licenses for companies established in Dubai. After that, among the rest of the conditions for establishing a company in the Gulf, one must determine the economic activity to be practiced, as well as determine the specific legal form. With it and its limbs.

how to invest in Dubai

In order to learn how to invest in Dubai, you must know the best ways to invest in Dubai, which is real estate investment. Dubai has become one of those distinguished centers for real estate investors. In order to learn how to invest in Dubai, you must know that real estate investment achieves many of these gains. A good business for investors. You can buy that room in a hotel and then rent it, and through that you can obtain rent on an ongoing basis. You will have tried one of the methods of real estate investment in Dubai and learned how to invest in Dubai.