How To Apply For Trade License In Dubai
Freezone Trade License Dubai: Dubai is quickly becoming known as the Middle East’s business capital. Over the last 20 years or so, there has been tremendous growth in the financial, business, trade license Abu Dhabi cost, and logistics sectors, as a result of which Dubai and the UAE have made significant contributions to the global economy.
Because Dubai attracts a large amount of international trade and investors from all over the world, it has increased investor confidence in bringing their businesses to Dubai. Before starting a business in Dubai, a foreign company must obtain a Trade license in Dubai from the Department of Economic Development.
What Is a General Trade License?
If a company intends to export, import, or trade goods or products such as clothing, accessories, furniture, electronics, and so on, it can apply for a general trade license in Dubai. Foreign investors looking for opportunities in the UAE’s import and export markets should obtain a general trade license UAE. A general trade license is required by the company if you cover multiple trading activities that are in the same or different category.
Why Is It Necessary to Apply For a General Trading in Dubai:
If the general trading license is sufficient for your company’s needs, then here is a list of reasons why you need a license to begin operations in Dubai.
Set Up Options:
In contrast to other methods of company formation, establishing a business with a general trading license allows investors to take on both office space and warehouse space anywhere in the UAE.
Setting up is Easier:
Obtaining a general trading license in Dubai and the UAE is a simple process. In fact, in many cases, applying for a general trade license cost Dubai is thought to be simpler than establishing a business in a free zone. New initiatives have simplified the entire process if you meet the eligibility criteria for a license.
Affordable Setup Costs:
The general perception in the UAE is that establishing a business with a general trading license is prohibitively expensive. However, when compared to the cost of establishing a free zone company, the cost of applying for trading licenses begins at AED 17,000 and, depending on the needs of your business, the total expense will most likely not exceed AED 100,000, which is comparable to popular free zones such as Dubai Multi Commodities Centre.
Apply For Multiple Visas Easily:
General trading licenses are a relatively preferred option for businesses with a large number of employees because they provide you with the option of unlimited visas when setting up on the Dubai mainland license but keep in mind that accumulating a large number of visas will require you to increase the amount of office space accordingly.
Set up With Multiple Shareholders:
There are a variety of reasons why general trading licenses have grown in popularity with large corporations, but one of them is that they allow foreign investors to establish businesses with multiple shareholders. Because there is no official limit on the number of shareholders with which you can start a business, the generally accepted limit is 50 individuals or corporate entities.
Get Your Dubai Trade License Today!
Obtaining a trade license in Dubai is the key to reaping the many benefits of doing business in the UAE. It is a method of assisting your company in increasing revenues and making valuable investments in a growing economy.
Contact us at ReCorporate for assistance in establishing your business in the world’s leading free trade zone and global commodities trading center. Are you ready to start a business in Dubai and looking for trade license zone dubai? Get in touch with us for Freezone Trade License Dubai and we’ll walk you through the entire process. Call us today via call on +971- 58-586-5477 or email us via firstname.lastname@example.org and to see how we can assist you!