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Obtaining a commercial license in Dubai is simple if you seek the assistance and supervision of an experienced company formation specialist.
There are only three easy procedures to follow, ending in the submission of your license application.
Step 1: Is it better to start up in a free zone or on the mainland?
One of the essential decisions to make when starting a business in Dubai is whether to do it in a free zone or on the mainland.
Both have numerous advantages. Free zones like Fujairah Creative City provide benefits like a rapid and straightforward incorporation process, ongoing business support, and financial incentives like tax exemptions and no currency limitations.
There are various sorts of free zone licenses. Industrial, commercial, e-commerce, and professional services licenses are all available in many free zones.
On the mainland, there are a variety of licenses to choose from. Businesses on the continent can trade directly with the Dubai market and compete for lucrative government contracts.
The type of your business will determine the best setup for you. A business formation specialist can assist you in making this decision, advising you on the best option for your specific needs.
Step 2: Give your business a name
Choosing a company name is a crucial step in starting a business in Dubai. When making this selection, there are a few things to consider. You must follow a set of naming rules that are both stringent and simple to follow. This is another step where a company setup specialist can assist you.
Step 3: Submit your application for a license
You can apply directly to the free zone if you have chosen a free zone arrangement.
In any case, engaging the services of a company formation professional at this time is a good idea to ensure a quick and painless process.
Obtaining a commercial license in Dubai necessitates the submission of certain documents
Whether you apply on your own or through a company formation agent, you will typically only need to give a few details and some essential documentation, such as:
- The application form filled out completely
- A copy of the putative owner’s passport
- Two passport-size color pictures
In Dubai, the cost of a commercial license in Dubai is approximately AED 10,000 with terms and conditions. Our advice is to consult a professional commercial license consultant before you start your business in Dubai.
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