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Dubai General Trading LLC Company Formation.

Dubai General Trading LLC Business License.

A mainland company is an onshore company licensed by the Department of Economic Development (DED) of the related emirate which is allowed to do business in the local market as well as outside UAE without any restriction. When it comes to company formation in Dubai, Mainland is the most popular and pragmatic choice as it has the maximum benefits that the country has to offer in setting up businesses. However, there are certain regulations that one has to follow in the process, one of them being – One UAE national has to mandatorily hold at least 51% of the total equity in any commercial company, except in the following cases:

Business activities that permit 100% Foreign Ownership
Businesses located in Free Zones
Partnerships between GCC companies and UAE National
Business activities that permit 100% Local Ownership
Dubai Business Setup Experts !!
We provide complete Business Setup Services in UAE.
Free zone Business License | Dubai Mainland Trade License | Corporate Sponsorship / Local Service Agent | Co working Facility at Downtown Dubai | Name Reservation Payment Voucher | Documentation Services | Partner Visa | Employment Visa Etc.

*License in one of these categories will be issued:*

1. Commercial License – to be issued to a company that will engage in any kind of trading activity.

2. Industrial License – to be issued to a company that will engage in manufacturing or any industrial activity.

3. Professional License – to be issued to service providers, professionals, artisans, and craftsmen.

The Department of Economic Development in Dubai is the government agency responsible for issuing local Dubai company licenses. This department operates from several locations to deliver licensing services.

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FAQ on the trade license in Dubai
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Here are some of the most frequently asked questions on the Dubai trade license:

1. Can I obtain a trade license in Dubai even if I am a foreigner?

Yes, foreign investors can also obtain trade licenses in Dubai provided that they register companies here.

2. Do I need a trade license for each category of goods, if my company sells various products in Dubai?

No, the general trading license will cover all the activities of your company if you want to sell goods in Dubai.

3. Do I need to apply for a trade license if I open a branch office in Dubai?

Yes, foreign companies opening branches in Dubai also need to apply for trade licenses, if their activities are related to the industries which require such a license.

4. Can I change the trade license into another type of permit?

Yes, if the case requires, the company can change its business license.

5. Do I need other licenses for other activities if I have obtained a trade license in Dubai?

Yes, you will need other license(s) if the trade license will not cover all the activities of the trade license.

For assistance with the company registration and trade licensing procedures, please contact us at : info@shibls.com | 00971 506024485

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Видео Dubai General Trading LLC Company Formation. канала Dubai Business Setup Experts
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23 августа 2020 г. 18:52:37
00:11:37
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