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Are you planning to start trading in Dubai? If yes, you must apply for a general trading license in Dubai. A general trade license is required as part of the UAE business formation procedure; therefore, securing it is one of the first things an entrepreneur needs to do.
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General Trading License in Dubai Are you planning to start trading in Dubai? If yes, you must apply for a general trading license in Dubai. A general trade license is required as part of the UAE business formation procedure; therefore, securing it is one of the first things an entrepreneur needs to do. A company with a general trading license in Dubai is permitted to export, import, or trade all items other than those that are controlled and must adhere to health and safety regulations, such as pharmaceutical products and weapons. Because of general trading licenses, new businesses in Dubai can manage their trade activities under a single license. SHURAA INDIA
What Does a General Trading License Mean? Thanks to its geographical location and prime transportation facilities, Dubai has always been the ideal location for traders, both locally and internationally. All you need to do is apply for a general trade license to start your trading activities in this region. You can get a general trading license for a specific product if you want to target a specific segment. Whereas an entrepreneur with a broad trading license can deal with multiple products. The main advantage of this license is that it can be used to trade a wide range of commodities.
What Advantages Do General Trading Licenses Have in Dubai? 1. If you apply for a business license on the mainland of Dubai, you will be able to conduct business domestically and internationally, including in free zones. Applying for and obtaining visas for multiple personnel is an added benefit as your trading firm generates revenue and you consider expansion. In the UAE, there are no corporate or individual taxes associated with operating a business. A licensed business owner in the UAE is exempt from paying income or profit taxes. 2. 3.
What Documents Do You Require for a General Trading License in Dubai? All businesses in the UAE must follow the documentation specifications established by the regulatory bodies. Some of the paperwork you’ll need to submit with your application for a general trading license: Passport copies Passport size photographs Entry visa or stamp page
OUR STORY SHURAA – THE PIONEERS OF BUSINESS SETUP SERVICES IN THE UAE Shuraa Business Setup was founded by Mr Saeed Khalifa Mohammed Al Fuquei in the year 2001. The organization was initiated with an agenda to help individuals start a business in Dubai or any other emirates. For the past 20 years, we have registered over 35,000 companies in the UAE.Shuraa Business Setup helps with crucial paperwork and other governmental permissions which is important while setting up a business in Dubai. We share years of acquaintance with the government officials and regulatory authorities, that makes business setup easier.
MAILING ADDRESS 108, Square One, Saket New Delhi - 110017 REACH OUT EMAIL ADDRESS info@shuraa.in PHONE NUMBER +91-8010990022