When applying for a Dubai business license, you need to have the necessary documents and information ready to receive your license. These documents and information include the name of your legal firm/company, a full set of business documents such as business permit, business model, and so on. Along with these documents, the representative of the Dubai authorities also needs to submit a legal document of registration of his/her company. The final documents of a Dubai business license include the payment the applicant made to the government authority, and the payment for the translation services needed for the application process of the business license.
The aim of the Dubai government is to protect the free-market system of the country. Thus, every person or company eligible to acquire a business activity in Dubai is required to go through the procedures of acquiring a Dubai trade license. The free-market system of the country has prevented the incidence of corruption and favoritism in the awarding of business activities. That is why, even if a company has been previously convicted or found guilty of any crimes, it can still obtain a Dubai business license. However, this still does not mean that the person cannot obtain another Dubai trading license in the future.
An important requirement of a business activity in Dubai is the acquisition of a Dubai business license. In order to sponsor foreign investment into the country, Dubai permits only companies registered with the Dubai Company Registration Department to register their commercial activities in the emirate. For an individual to obtain a Dubai trade license, he/she must therefore register his/her foreign entity with the Dubai Company Registration Department. This is done via an application that is submitted to the concerned department.
After submission of the application, one must wait for several months for the result of the registration to be published. Once the results are published, the concerned license holder will be able to apply for a Dubai company registration. If one intends to sponsor multiple foreign investors into his/her business, then he/she must therefore submit multiple applications to the concerned department. This will ensure that no document is missed and thus, multiple foreign investors are able to gain a share of the Dubai's economy. As such, once you have obtained a Dubai trade license you can immediately commence the process of recruiting investors for your business.
A second requirement of obtaining a commercial license in Dubai is that of having a valid office. This office is usually referred to as a commercial office. The purpose of having a commercial office in Dubai is to ensure that all commercial activities taking place in the emirate's only commercial property - its commercial property. A commercial office in Dubai is also the only office that a company needs to have in order to conduct its operations and legal business.
If you wish to sponsor foreign direct investment (Dubai's national ID card) then you will also need to obtain a business permit. For example, if you want to open a food restaurant then you must have a food business permit. A business permit is not a commercial license in the sense that it is not intended to be used for any commercial activities. In addition, a business permit will not be required for doing business in Dubai as well as doing certain types of employment such as contractors. In general, an employee or contractor in Dubai does not need a business permit.
A few legal entities require a business activity permit in order to start their operations in Dubai. Two of these legal entities are the Dubai Food and Customs Department and the Dubai Derekh Ehti shares masalas. If you are aiming to start a food business in Dubai, then you must apply for a local food business license. Likewise, if you plan to set up a shop or a restaurant in Dubai, then you have to apply for a trade license. Trade licenses in Dubai are issued by the Dubai Interior Ministry.
If you are looking to purchase or sell products or services in Dubai, then you have to obtain a general trading license. You can either obtain a Dubai trade license directly from the Dubai Trade Authority (DTA) or you can obtain a license through a commercial intermediary. The Dubai Ministry of Economic and Social Affairs monitors trade and transactions through the Dubai Trading Companies Act Company Registry. On the other hand, you can find a list of approved agents from the Dubai Company Registry. If you are planning to open a new business entity, one must first apply for a trading or commercial license before starting business operations.
