Dubai is gaining global recognition as a hub for business and trade, offering incredible opportunities for entrepreneurs. A trade license in Dubai enables businesses to engage in both local and international trade, offering tax benefits, enhanced credibility, and sponsorship opportunities. In this guide, we’ll explore the different types of trade licenses available in Dubai and provide details on trade license costs for 2024.
What is a Trade License in Dubai?
A trade license is the first step to starting a business in Dubai, one of the most popular economic hubs in the world. It authorizes the type of business activities your company can perform in the UAE. The Department of Economic Development (DED) is responsible for issuing trade licenses to foreign investors wishing to establish a business in Dubai.
Working with a business setup consultancy in Dubai can help streamline the process of acquiring both freezone and mainland trade licenses based on your business activities and desired company structure.
Types of Trade Licenses in Dubai
Business setup in Dubai requires the right trade license based on the industry, type, and activities of the company. Here’s a detailed look at the most common trade licenses in Dubai:
1. Commercial License in Dubai
A commercial license in Dubai allows businesses to trade, import, and export products or services. Dubai’s strategic location—surrounded by major markets in Africa, Asia, Europe, and the Middle East—makes it an ideal destination for businesses. Key business activities under a commercial license include:
- International trade
- Automobiles
- Financial services
- Home appliances trading
- Ready-made garments
- Tourism business license
- Communication
Commercial License Cost
The cost for a commercial trade license in Dubai starts from AED 20,000*. This package includes 100% ownership, eligibility for 2 investor visas, free marketing counseling, the ability to perform up to 9 business activities, bank account setup, and 1 year of free PRO services.
2. Professional License in Dubai
A professional license in Dubai is essential for service-based companies. Businesses operating under a professional license can engage in activities such as:
- Accountants, auditors, financial advisors
- Advertising professionals
- Entertainment artists
- Lawyers and legal advisors
- Teachers and educational professionals
- Business consultants
Professional License Cost
The cost for a professional business license starts from AED 17,000*. This package includes 100% business ownership, eligibility for 2 visitor visas, inclusive sponsor fees, more than 9 business activities, bank account setup, and free PRO services for 1 year.
Industrial License in Dubai
An industrial license is required for businesses involved in manufacturing or processing raw materials into finished products. This includes activities like:
- Magnetic technology equipment trading
- Pharmaceuticals packaging
- Textile manufacturing
- Metal casting
- Food & beverage manufacturing
Industrial License Cost
The cost for an industrial license in Dubai starts from AED 35,000. It allows companies to engage in various manufacturing and industrial activities essential for the UAE’s industrial sector.
General Trade License in Dubai
A general trade license allows businesses to engage in a wide range of trading activities. Companies with a general trade license can trade goods across multiple industries.
General Trade License Cost
The cost for a general trade license starts from 15,000 AED. This package includes 100% business ownership, e-commerce vendor rights, and 100% repatriation of profits.
Conclusion
We’ve covered the various types of trade licenses in Dubai, along with their costs in 2024. Arab Business Consultants can help you navigate the process of obtaining a trade license at competitive rates. With years of experience, we also offer PRO services, VAT services, local sponsor services, and virtual office setup services.
Start your entrepreneurial journey in Dubai with expert guidance—talk to our consultants today!
