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A Free zone license is the foundational document required to do business within our free zone. Free zone licenses entitle companies of all sizes, from startups and SMEs to large multinationals, to enjoy a number of benefits to operate in Dubai. They also enable companies with prior presence nationally or internationally to establish a new branch Estimated Reading Time: 2 mins. Companies with Trade or Industrial licenses can only conduct business within the Free Zone or abroad. To sell their products in the UAE, they should use an UAE official agent. But services and products can be obtained from and within the UAE without one. It is a cost-effective business formation option for those who wish to launch a new venture or open a branch. Licenses are issued and regulated by the issuing Free Zone authority. However, a company setup within a Free Zone is restricted from conducting business within the mainland but can do so via licensed distributors. A general Trading License Package in the Free Zone with 1 visa quota starts from Approx. 15, AED and goes up to AED 50, and more depending on the location of the Free Zone, business activities, visa quota, and various factors. Key Highlights of General Trading License from Dubai Freezones.
Nearly forty years after its inception, Dubai World Trade Centre continues its story of growth with a dynamic new free zone, established in DWTC Authority provides a unique and highly desirable proposition for businesses seeking a competitive and well-regulated ecosystem to compete even more effectively regionally and globally.
Our office spaces, both collaborative and traditional, are available for lease to businesses in any industry that require a world-class commercial address. Under the jurisdiction of DWTC Authority, our free zone spans from the iconic Dubai World Trade Centre to the adjoining One Central. Every level of support you need to set up, launch operations and maintain your enterprise inside our free zone.
Our personalised approach to free zone licensing and procedures, coupled with a superior location and unmatched operational standards, makes setting up with us seamless, straightforward and flexible. You may be trying to access this site from a secured browser on the server. Please enable scripts and reload this page. Why DWTC Authority Nearly forty years after its inception, Dubai World Trade Centre continues its story of growth with a dynamic new free zone, established in Key Benefits.
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Obtaining a trade license is one of the most essential legal requirements to start a general trading business in UAE. The growing reputation of UAE as the global business hub has made it the centre of attention for international investors who consider UAE as an ideal location now to set up their companies or branches of their existing companies. There are a number of options available for investors to start their business in UAE and general trading is one of the most popular choices, thanks to the presence of international ports, state-of-the-art transport facilities and business-friendly policies of the UAE government to promote trade activities in the country.
Investors can open a free zone company, offshore company or an international business company in UAE to name a few options. Trade license acquisition procedure for different types of companies varies according to the rules and regulations set by the concerned authorities and investors must meet all the legal requirements to be eligible to apply for a trade license.
Types of Trade License. When you are planning to set up a business in Dubai or anywhere else in UAE, the most important document you need to complete the business set up process is the trade license. The UAE business license offers investors a number of relaxations in tax-related policies and makes setting up a business in UAE a tempting indulgence for international investors. There are many different license types that are c ategorized on the basis of type of company set up and business activities selected.
In view of the major requirements to be completed to set up a business entity in one of the fastest growing economies in the world, here are fundamental types of license options available for investors in UAE. Requirements for Obtaining a Trade License. There are specific requirements to be met by investors to obtain a general trading license in Dubai or in any other emirate.
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A trade license is a certification acquired through the concerned judiciary that allows a company to practice its specified business activity under legal authority. DED Department of Economic Development in Dubai has categorized every business under specific activities, to help investors incorporate proper business structures on the mainland and start an LLC business in Dubai.
Similarly, across all the free zone jurisdictions in UAE, the free zone authorities have a predefined list of business activities allowed to obtain a trade license. Fundamentally, a professional trade license is issued to service providers, professionals, artisans, and craftsmen in Dubai and all around UAE. The license is issued on the basis of academic entitlement as well as professional skills. Commercial Trade License is issued to companies dealing in the buying and selling of goods, or any other form of commercial activity.
General traders or specialized traders can apply for commercial license, engaged in either goods, commodities or even services. The license taker must abide by certain requirements, especially the business activity plan for which the number of goods the company will be allowed to trade in. All businesses involved in Industrial and manufacturing activities are required to register for an Industrial license to operate in UAE.
The license allows the companies to convert or modify natural resources or raw materials through specialized units such as factories, plants, or refineries. Due to such characteristics, the company is required to own a physical office space or warehouse within UAE to attain eligibility for Industrial License.
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Home Licensing Free zone license. A Free zone is a geographical region or jurisdiction which is allowed to conduct a predefined trading activity or set of activities in the UAE. Business set up in Dubai Freezone requires a license and the Freezone licenses in Dubai and UAE are issued based on the particular business activity of the company.
The Dubai Freezone Licenses are issued based on the particular business activity of the company. Certain new free zone regions are under construction and therefore the total number of the free zone would rise in the coming years. Free Zone Authority FZA is the governing body in charge of the activities related to a Free Zone company like license issuance and operation.
The Commercial laws governing the UAE mainland companies are not applicable to the Free zone companies. When your company is approved for the Freezone business, it is given any of the Dubai Freezone licenses such as Trade License, Industrial License , Service License, or National Industrial License by the Free Zone Authority. You are supposed to select your desired free zone jurisdiction based on the type of business.
Your business activity should match the category of the preferred Free zone. Even though offshore companies share some of the benefits of Freezone companies in Dubai, they are not identical. The investors and entrepreneurs can rely on 3 different business entities to form a company in any of the Dubai Free zone jurisdiction. And those entities are:. Free Zone Company FZC — A Free Zone company is a business entity that has 2 or more shareholders.
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Free Zone Establishment FZE is a single share holder limited liability company which can be incorporated in all UAE Free Zone. However Free Zone Company FZC will be a similar incorporation with multiple shareholding maximum 5 shareholders. When a company is approved for the Free Trade Zone , it is given one of the following licenses by the Free Zone Authority.
These licenses can be renewed annually as long as the lease agreement is in force. Companies with Trade or Industrial licenses can only conduct business within the Free Zone or abroad. To sell their products in the UAE, they should use an UAE official agent. But services and products can be obtained from and within the UAE without one.
Companies which are legally incorporated outside the UAE in imports and exports are permitted a Trade license. Companies that are legally incorporated in industrial production outside the UAE and are within the Free Trade Zone can be given an Industrial license. Companies holding a valid license from the respective government body in the UAE can offer banking, contracting services etc.
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A free zone is a designated location where goods and services can be traded with advantageous tax and custom rates. The UAE has over 50 free zones with some offering generic activities to all industries, whereas other free zones are industry specific. You can opt for a free zone company formation in UAE in any of these free zones. The concept of a free zone, otherwise known as a free trade zone, is to provide free trading and an industry ecosystem within a set jurisdiction.
Some examples include media free zones, such as Sharjah Media City, Dubai Media City and Fujairah Creative City and technology and IT free zones, like Dubai Silicon Oasis. DMCC is popular for Dubai free zone company formation. Our team of company formation specialists will ensure you choose the right jurisdiction and business activity when setting up your free zone company formation in Dubai or the rest of the UAE.
We advise you on the most economical and suitable options. At Decisive Zone, our team of experts can secure the company name availability and registration. Your dedicated company formation specialist will ensure you complete the license application process — quickly and hassle-free. Once your license is issued, you will be notified and provided with the scanned license documents. Our team will schedule the documents for collection or delivery depending on your availability.
At Decisive Zone, we have an expansive network of banking experts who will assist you in opening a corporate bank account. If you have selected a license with visa eligibility, we will automatically apply for your immigration card, which will then allow you to issue visas under your license.
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Dubai is an attractive and best place to start a business for foreign investors. And in order to start a business in Dubai you need a trade license in Dubai. Which is the basic and most important document requires for a company. This trade license Dubai allows you to conduct business activity in the State of Dubai. But without it you not allow to operate any kind of activity whether it is online or offline.
Dubai stands as a major source of attraction for expat from across the world. Like every other country Dubai has also has set some rule for a trade license Dubai. Thus, acting as per the right guide lines for trade license in Dubai registration along with its pre-requisites; shows the best interest of the expat investors to comply with the UAE laws.
In favor of these aspiring expat. We will throw some light on the rule as well as procedure; that is how to get trade license in Dubai. Before starting business operations in Dubai. There is some rule as well as some basic regulation which must be full fill. Is the legislative body that regulates and controls the licensing procedures for an entity in Dubai.
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A Free zone is a geographical region or jurisdiction which is allowed to conduct a predefined trading activity or set of activities in the UAE. Business set up in Dubai Freezone requires a license and the Freezone licenses in Dubai and UAE are issued based on the particular business activity of 5/5(12). 09/03/ · Free zone authorities require minimum paperwork and duration. Here are the key steps to set up a business in a free zone. Determine the type of legal entity. Choose a trade name. Apply for a business licence. Choose an office space. Get pre-approvals, register your business and get your licence.
Free zone company formation in UAE refers to setting up a company in one of the free trade zones located across the country. Free zones in UAE are specific business zones that have been established to offer business opportunities to investors in all major sectors under the friendly economic policies of the government. The most amazing aspect of setting up a company in free zones is the fact that free zone companies are exempted from taxes.
Additionally, the free zone company set up fee is also extremely low, which makes the UAE free zones a major attraction for investors from across the world. There are around 40 free zones located in the UAE , most of which are present in the cosmopolitan city Dubai. A free zone company in UAE is a company that can be established in a specific free trade zone with the minimum requirement of paperwork. Each free zone in UAE offers business opportunities to investors in selected categories and investors need to identify the potential of a specific trade zone in line with requirements and objectives of their business.
There are different types of free zone trade license that can be issued to the investors and this is again a crucial choice that needs to be made while getting started with the free zone company set up in UAE. With around 40 free trade zones located nationwide, United Arab Emirates brings amazing opportunities for international investors to invest in one of the fastest growing economies in the world.
The free trade zones in UAE are a major attraction for global investors and play a primary role in improving the scope for international trade in the country. The cosmopolitan city Dubai is the hub of all business and commercial activities in the Middle East region. Dubai has the highest number of free trade zones in UAE. There are more than 20 free trade zones in Dubai that offer several business opportunities to investors.
Free zones in UAE are also located in Abu Dhabi, Fujairah, Sharjah, Ras Al Khaimah, Ajman and Umm al-Quwain.