TYPES OF BUSINESS LICENSES

Within the UAE mainland, a diverse array of business licenses is available to accommodate companies based on the specific nature of their operations. The choice of business activities, company structure, and jurisdiction significantly influence the kind of trade license required and the associated prerequisites. Here’s an elaboration to better understand this vital aspect of doing business in the UAE

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Commercial License

This license is required for companies engaged in trading or commercial activities, such as buying and selling goods. This business license can be used in the UAE for both specialized trading and general trading activities

Industrial License

This license is needed for companies engaged in manufacturing or industrial activities. An industrial license allows a business to carry out activities related to manufacturing, production, and processing of goods.

Professional License

A professional license is required for companies engaged in providing professional services, such as legal, accounting, engineering, or consulting services. It allows businesses to provide services to clients within the UAE.

Tourism License

This license is mandatory for businesses engaged in tourism activities, such as hotels, travel agencies, and tour operators

Educational License

An educational license is needed for companies engaged in educational activities, such as schools, colleges, and training Centers's

Healthcare License

A healthcare license is for companies engaged in healthcare activities, such as hospitals, clinics, and medical centers. It allows a business to provide medical services and products in the UAE

Media License

The media license is required for companies engaged in media and publishing and broadcasting activities, such as newspapers, magazines, and advertising agencies. A media license allows a business to publish or broadcast news and other content in the UAE

GENERAL REQUIREMENTS

Business Plan

Have a detailed business plan for your company that outlines your business activities, target market, projected revenue, and other important details.

Business Activity

Determine business activity you will undertake and ensure that it is allowed in the UAE. The activities are generally categorized into three: commercial, industrial, and professional.

Legal Structure

You need to determine the legal structure of your business, such as sole proprietorship, partnership, limited liability company (LLC), or a branch office of an existing company.

Trade Name

Choose a unique trade name for your business and get it approved by the Department of Economic Development (DED).

Physical Office

You need to have a physical space to operate your business, and the premises must comply with the local laws and regulations

Capital Requirements

Meet the necessary capital to start your business, and the amount required will depend on the type and size of your business.

Visa Requirements

Have a valid residence visa to operate a business in the UAE, and you need to ensure that you have the necessary visa requirements for your employees.

Business License Fees

You need to pay the required fees for the business license and any other relevant permits.

Mainland Licenses