The first thing you must do when starting a business in Dubai is to get a trade license. A general trading license cost in Dubai is much lower. That is why most foreign investors consider investing in UAE. To obtain a trade license, a company needs to be registered with the Department of Economic Development. The process involves obtaining all the necessary documents and a virtual office. You must also have a copy of the shareholders’ passports. After obtaining all the documents, it’s time to choose the name and structure of your business.
A: A general trade license is required for businesses that have more than one shareholder. Several requirements must be met before you can obtain a trade license in Dubai. These include the number of shareholders, the legal structure, and the type of business. Getting approval from the relevant authorities is essential, so it’s advisable to consult an expert. Once you have all the documents and are ready to start a business, you can begin applying for a trade license.
B: After you have your documents, you can proceed to obtain a trade license in Dubai. You must fill out an application form and pay the required charges. Once you have all the documents, you will need to provide a NOC and payment. Obtaining a trade license is a crucial step for your business. However, if you’ve already established your company in Dubai, you should be aware of the requirements. You must apply for a trade license in Dubai.
C: The next step in obtaining a trade license in Dubai is deciding on the kind of business you want to conduct. If you want to start a business in Dubai, you need to know the legalities involved. The DED requires you to have a physical presence in the city. For the registration of a trade license, you need to include a business name and address. Then, you need to know the location and the type of company.
D: Another step in setting up a business in Dubai is to obtain a trade license. Your business must have a business name and a tenancy contract. This is the first step in obtaining a trade license in Dubai. The next step is to choose an office space. A tenancy contract must be valid for at least a month.