Dubai Trade License and Visa Applications

Successful business set up in Dubai takes the full responsibility of issued Dubai trade license for all the business projects. Hence, DED Dubai guidance the business activity and licensing classification in the national market of Dubai. As the UAE consistently attracts external investment, the business set up in Dubai needs to be very easy.

In order to start a business in Dubai either in a business plan or operation license, you need to follow some legal procedures. For this, you should follow documents like ownership real estate investment, banking, registration of the name of the company, a director's license, directors' letter, the payment of the annual fee of the company, original articles of association, indemnity bond, deposit account, shareholding account. After that, you have to prepare the payment and visa fees of the foreign investors. Following documents are also required for the Dubai company formation.

On the other hand, to start a business in Dubai you need to apply for a commercial license first. The commercial license in Dubai Trade can be obtained from the Dubai Ministry of Economic Development (DED). The commercial license can be renewed after certain conditions are met; the online commercial license application can be made. For this, you need to fill in the application form with details of the type of business, the number of employees and expatriate employers, and other necessary information.

Holding companies are also very important for a successful business in Dubai. An individual holding a Dubai commercial license is allowed to organize and manage his own company. However, he is not allowed to interfere with the business of another individual. As per the law, all the commercial activities of the Holding company is carried out in accordance with the policy of the government. This policy does not allow direct conflicts between two businesses.

Another condition for holding a Dubai trade license is that the individual needs to disclose all the details of the activities of the company. He is also required to submit before the ministry of economic development, annual financial statements and tax returns for the previous years. Before getting a license, an individual should make sure that his company is not a scam. A number of fraudulent companies had caused loss to the United Arab Emirates government. For this purpose, the department of economic development carries out a check on all the companies that hold Dubai trade permits. For this purpose, all the documents pertaining to the company are checked.

One of the most important things about Dubai trade licenses is that they allow the free movement of capital. All the money that is invested in Dubai through a trading license is safe. According to the law of Dubai, no money shall be paid or lent to an individual who has not registered the ownership of the property with the Dubai government. There are a number of restrictions that are imposed on individuals having trading licenses. Foreigners who have obtained these licenses are not allowed to interfere in the affairs of the country or to put their own interests in danger. They cannot hold any kind of public office in Dubai or they need to have a certain level of education.

Holding a professional trade license is quite beneficial for businessmen who want to Open a company in Dubai. All the legal procedures of the land dealings are handled by the Dubai government. An individual who holds a Dubai business license is not allowed to carry any other jobs or even to work for another company in Dubai without the permission and consent of the government. In order to start up a new company in Dubai, all he needs to do is apply for a commercial license.

The Dubai representative office helps the applicants in getting their Dubai business license and visa applications approved. An individual can also hire a Dubai representative office if he wants to start a new business. All the documents and requirements are handled by the Dubai government. The company registration fees in Dubai are almost free as compared to other countries. There are numerous companies that deal in business permits and visa applications in Dubai and one can obtain all the information on these websites easily.