Obtaining Initial Approval for Company Formation in Dubai

What exactly is a Dubai commercial license? Getting a commercial license is without a doubt the single most important aspect once you set up an online business from Dubai. This is because all the operations which take place between you and your customers (who may be based within the EU or other nations) will be under the purview of this licensing authority. The most commonly used classification of commercial license is the e-commerce/trade license, and which refers to all the legal activities which are carried out between you and your customers (who may be based within the EU or other nations).

Setting up an online business from Dubai is one of the easiest things you can do. There really is not much involved; you just have to have a business name registered with Dubai Trade & Business Intelligence (DTBI) at Dubai stock exchange. You then setup your e-mail id, your trading platform and your payment gateway. Once you have done all these, you can sit back and enjoy making profit without any strenuous work. In fact, all you have to do from then on is to follow the procedures and the rules of the Dubai government to set up an official e-trader license. These regulations and procedures are to ensure that your setup is free from all possible risk and danger and that all your business activities are above board and legal.

What are the requirements of setup? To get a Dubai trade license, you have to follow all the rules and regulation of the emirate including those governing business activities on the internet. You also need to make sure that your business has a registered agent who is physically present in the city. Once all these formalities are over, you can start trading and enjoy the benefits of a registered electronic export and import license.

Why is acquiring a dubai trade license so important? For the simple reason that it ensures that your business is operating legitimately and is free from any kind of risk of penalty. If you were to run a business without any license or permit, you would immediately find yourself in some sort of legal hot water. A fine or a jail sentence might even be imposed on you depending on the circumstances. That being said, obtaining a business permit in Dubai can also help you save time and money and even protect you from any legal repercussions.

What are the required documents to obtain a dubai trade license? These are the only documents that you will need to obtain your business permit. The documents required for obtaining a license are as follows:

Are there further documents necessary for business setup in Dubai? Yes, there are further documents that are absolutely necessary for your business setup. For example, you will need a valid license or permit to purchase properties in Dubai as well as to open bank accounts. Another document that is absolutely required for business setup in Dubai is the Dubai emirate business contract. The contract contains all the legal terms and conditions regarding the transfer of property, ownership of property, the exchange of services and ownership of company.

Are there other important documents for obtaining initial approval for business activities in Dubai? Yes, there are also other important documents. For example, before starting business activities in Dubai you will have to submit an application for a Trade and Business Memorandum.

When are the Dubai trade licenses renewable? The Dubai government generally allows the companies to obtain the licenses for a period of five years. However, the companies are required to submit an application for a renewal prior to the expiration of the license. You can submit the application for a new license at any time before its expiry. The Companies may also choose to renew their licenses on an annual basis.

Trade License In Dubai - Getting Your Business License In Dubai Doesn't Have To Be A Nightmare

Obtaining a business license in Dubai is perhaps the single most important step when starting up an international business from scratch. The most commonly used classification of business license is the commercial license and also known as the business visa and which identifies most of the legal activities that are able to be performed within the UAE. You may obtain a normal tourist visa for tourism purposes, but obtaining a business visa for trading in Dubai is completely different, since these require a trading license. Many foreigners who want to start trading in Dubai often overlook this requirement, and this is often a mistake. It is very easy to get a visa if you meet the requirements, but it is not so easy to get a trading license.

If you wish to trade legally in Dubai, then you will first of all have to get a business license from the Dubai authorities. This process can take quite some time, and it is not uncommon for a new entrepreneur to spend several months trying to prepare the necessary documentation. A typical document that is required for obtaining a business license in Dubai is an assured tenancy contract.

This document is required by the Dubai government, in order to prove that you have the capability to engage in commercial activities in Dubai. This is sometimes known as a business permit or an ordinary tourist visa. This permits you to open a bank account, a registered office and purchase or sell property. There is a time period for the submission of this document and the procedure itself can take some time, especially if you need to submit more than one contract.

Once you have received your business permit, you may proceed to apply for your Dubai Industrial Space. You can either apply for the Dubai Industrial Space directly through the Dubai municipality or you can contact the companies that are offering such services. If you select to do this the first time, it is recommended that you contact the Dubai municipality to be able to acquire all the necessary information and to make sure that the application forms are submitted correctly. Should you choose to submit the application directly, you should take the necessary steps to ensure that it is forwarded to the right offices. These include:

The location of the office that will receive your business license is one of the main factors you must consider when applying for your business license in Dubai. This office must be located in an area that is secure and close to public transport. The location will also play an important role in deciding which company you select to work with in Dubai. As mentioned above, it is often required that the foreign investors have a presence in the area, and this is usually done by having an office there. If you are one of these investors, you will need to provide your company's address so that any contracts or other formalities can be arranged easily.

A vital consideration when choosing a company to work with and obtain a business license in Dubai is the quality of service they provide. As previously mentioned, this office will be responsible for all the business activities conducted by your company. In order to get a good result, you should only work with companies that make good on their promises. If a company is unable to meet its obligations, this could be a significant factor in making you continue your business venture or in forcing you to move your business to another location. The free zones and the relaxed standards of living in Dubai offer an excellent opportunity to foreign investors to start a new life in one of the most stable cities in the world.