Trade License
Obtaining a Trade License in Dubai
As global entrepreneurs flock to the country to capitalize on its tax-free advantages, it becomes vital for them to grasp the intricacies of initiating a business in the UAE. In order for any business entity to operate within the country, government approval is a prerequisite to commence operations. Hence, the issuance of trade licenses by the Department of Economic Development (DED) holds utmost importance. These licenses are classified into four categories, each corresponding to different types of business activities.
Varieties of Trade Licenses in the UAE
Dubai’s business landscape necessitates four primary licenses, from which companies can select the most suitable option:
- Professional License – Mandatory for professionals engaged in specific job categories.
- Commercial or Trade License – Compulsory for all trading activities.
- Industrial License – Necessary for manufacturing or industrial operations.
- General Trade License – Essential for conducting exports, trades, and imports.
