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business setup in UAE

company setup in UAE
Business & Strategy

Types of Business Licenses in UAE

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Business Licenses in Dubai Dubai has been a global business hub for years allowing every category of business to establish and flourish. Business setup in UAE is a convenient and straightforward process and does not take a long time to complete. A crucial step to Business setup in UAE is choosing a business activity and obtaining a business license to start operations. Any company of any category requires a business license to operate in UAE. The requirements to obtain a license are different for various businesses depending on their category. Some major types of business licenses available in Dubai are: Commercial license Professional license Industrial license Commercial License The UAE government issues a commercial license to individuals/companies involved in buying and selling goods. A commercial license allows you to conduct trading activities inside and outside UAE. Depending on the specific business activity, there are different types of commercial licenses. To conduct such trading activities in UAE Mainland, Offshore or Free zones, one has to obtain a commercial trading license. Major activities that come under to get Commercial Licenses for Business setup in UAE are: Import and export activities Sale of electronic products Supply of brokerage services Real estate-related services Sale of construction materials Steps To Obtain a Commercial License Investors have to meet certain conditions to acquire a commercial business license for business setup in UAE. The investor must determine the type of business activities, primary form of operations and also the location to start the company. You can get it by following the steps: Select a business form and activities that correspond to the commercial license’s requirements Prepare the company’s Memorandum and Articles of Association, enlisting the tasks to be done Obtain a VAT number and register the company Make payments associated with business registration and issuance of commercial license Professional License A professional license is issued to individuals/corporations to conduct services of any kind. It is provided for business activities such as consulting, auditing and accounting, design, tourism advice, study, and other professional services based on ability or talent. Activities that come under professional license are: Artisanship Carpentry Consultancy services Medical services Printing and publishing Beauty salons Computer graphic design service Repair services Security services Document clearing, etc Inventive engineering Steps To Obtain a Professional License Make a clear description of the activities undertaken with a professional business license Appoint a local service agent to carry out all the legal formalities to obtain a professional license Get initial approval from the DED for the appointment Reserve a name for your business, make the payments and then submit all the required documents to the DED for approval Industrial License An industrial license is granted for commercial activities of industrial nature such as manufacturing or refining petrochemicals. The industrial trade license in the UAE. To have an industrial license, the business requires to have a physical warehouse inside the nation. An industrial license is granted by the Department of Economic Development (DED) Dubai. Industries that fall under the category are: Bread manufacturing and food industries Textile manufacturing The casting of metals industries Equipment and engine manufacturing Manufacture of petroleum products Paper manufacturing How To Obtain an Industrial License Get initial approvals before opening a factory or making any changes to an existing factory Apply for an industrial license to the Department of Economic Development Get consent from Municipality to construct the factory Get license approvals from authorities including the Chamber of Commerce and Industry, industrial register, Ministry of Health etc. Submit the necessary documents as required by the authorities You will get an approval or disapproval within a week or two

free zone company setup, company setup in free zone, maats accountants and consultants
free zone business

How to Set Up a Free Zone Business in Dubai?

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Right now, Dubai is open to new investors from all over the world, and it is a wonderful moment to start your business in one of the UAE’s free zones. Both new and established companies have a great chance to expand thanks to the strongest marketplaces available, fair access for all investors, and investor-friendly legislation. Free zone companies can start up shop in the UAE without a local partner, unlike mainland companies, which is a major factor in drawing in a lot of investors. Due to its simple access to resources, tax advantages, and provision for 100% ownership of the business, free zone company registration has grown in popularity in the United Arab Emirates. Choosing a trade name, applying for a business license, selecting an office space, and deciding on the type of legal entity are the first steps in starting a free zone business. Obtain licenses, register your business, and obtain preapprovals. Free Zone Company Types A UAE free zone allows you to establish two different kinds of businesses. Free Zone Company (FZ Co.) or Free Zone Limited Liability Company (FZ LLC) Establishment of a Free Zone (FZE) The number of stockholders and whether they are legal or natural persons distinguish them from one another. It is possible that not all of Dubai’s free zones have the necessary regulations to establish both kinds of businesses. To find out the registration, one must verify with the authorities of each free zone. The UAE Free Zone Company Establishment Process Identify the kind of business: Choose the free zone you want to use and the kind of business you want to launch. The regulations for setting up a business in the United Arab Emirates vary depending on the free zone. Select a trade name: Once the sort of business in the UAE free zone has been determined, you must select a trade name that complies with the government’s established conventions, guidelines, and regulations. Create an office space: After completing these steps, you must find an office space to launch your business. In the free zone, one has the option of leasing office space or purchasing a handy location. Obtain approvals: In order for the license to be granted, the investor must complete the necessary paperwork and obtain authorization from various authorities. One can launch their firm after obtaining the required approvals. It will not take more than two to four weeks to finish the entire process. Obtain a business license: The investor must apply for a business license following the selection of the firm type, trade name, and business registration. Different free zones offer different licenses for different types of company operations. The UAE Free Zone Company Establishment Process Identify the kind of business: Choose the free zone you want to use and the kind of business you want to launch. The regulations for setting up a business in the United Arab Emirates vary depending on the free zone. Select a trade name: Once the sort of business in the UAE free zone has been determined, you must select a trade name that complies with the government’s established conventions, guidelines, and regulations. Create an office space: After completing these steps, you must find an office space to launch your business. In the free zone, one has the option of leasing office space or purchasing a handy location. Obtain approvals: In order for the license to be granted, the investor must complete the necessary paperwork and obtain authorization from various authorities. One can launch their firm after obtaining the required approvals. It will not take more than two to four weeks to finish the entire process. Obtain a business license: The investor must apply for a business license following the selection of the firm type, trade name, and business registration. Different free zones offer different licenses for different types of company operations. MAATS Auditors and Accountants is a trusted name among leading auditors and consultants in Dubai, providing tailored financial and compliance solutions to businesses of all sizes. As a professional audit company in Dubai, we deliver accurate and transparent auditing services in Dubai that meet the highest industry standards. Our reputation as a reliable audit and accounting firm in Dubai is built on integrity, expertise, and commitment to client success. With a dedicated team of experts, we serve as your trusted auditing consultant in Dubai, offering guidance to help you stay compliant and financially sound. Whether you are looking for a dependable audit firm in Dubai or a long-term financial partner, MAATS ensures that your business is always audit-ready and compliant with UAE regulations.

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