To invest and engage in trade activities in the UAE, companies and individuals need to obtain a series of permits and licenses. The application process and specific requirements for these licenses may vary depending on the industry and emirate the company is in. Usually, these licenses are issued by the UAE Department of Economic Development (DED), and companies should carefully study the relevant laws and regulations before applying to ensure that they meet all regulatory requirements.
1. Commercial license (trade license):
Purpose: Applicable to enterprises engaged in trade activities or commodity trading.
Coverage: Import and export business, sales, logistics, travel services, department store retail, real estate and other fields.
Issuing agency: Dubai Economic Development Department (DED) and other government departments.
Application conditions: Enterprises need to clarify the scope of business and submit relevant supporting documents.
2. Industrial License:
Purpose: Applicable to enterprises engaged in manufacturing.
Coverage: Manufacturing activities that transform natural materials and resources into final products by manual or mechanical means.
Issuing agency: DED and other government departments.
Application conditions: Enterprises need to have corresponding production equipment and process flow, and comply with the UAE's environmental protection and safety regulations.
3. Professional License:
Purpose: Applicable to service providers, artisans and craftsmen, etc.
Coverage: Multiple service industries such as medical services, beauty salons, and repair services.
Issuing agency: Government departments such as DED.
Application conditions: Applicants must demonstrate their professional skills and service experience to prove their qualifications and ability to engage in relevant service industries in the UAE.
The UAE Import and Export License is a license issued by the UAE Department of Economic Development (DED) and is mainly used to regulate and supervise import and export activities in the UAE.
1. The role and importance of the license
Legal operation: Any form of business in the UAE, including import and export, must hold a valid trade license.
Legal compliance: Violation of the license regulations may result in fines or even business prohibition.
2. Application and renewal of the license
Application process: The company needs to submit a detailed application to the UAE Department of Economic Development, including the company's business plan, business scope, etc.
Update frequency: The license needs to be renewed regularly to maintain its validity.
3. Required documents and certificates
Commercial invoice: Details the quantity, description and total value of each imported goods.
Certificate of origin: Approved by the Chamber of Commerce of the origin, indicating the origin of the goods.
Packing list: Includes the weight, packaging method and HS code of each item of goods.
Bill of lading or airway bill: Applicable to sea and air transportation.
Health certificate (if involving food products): Issued by the government agency of the exporting country, certifying that the product is suitable for human consumption.
Halal slaughter certificate (if it involves meat and poultry products): proves that the product meets Halal standards.
4. Import restrictions on specific goods
Prohibited import goods: including controlled/recreational drugs and narcotics, pirated content, counterfeit currency, etc.
Restricted import goods: Certain goods such as nylon fishing nets, radioactive pollutants, betel leaves, etc., require approval from government regulatory authorities before import.
1. Determine the company type and business scope: Select a suitable company form (such as a limited liability company, free zone company, etc.) and clarify the business scope.
2. Choose a company name: Select a company name that complies with UAE regulations and conduct a name verification.
3. Submit registration documents: Prepare and submit registration documents such as company articles, shareholder information, director information, etc.
4. Obtain preliminary approval: Submit an application to the relevant government department and wait for preliminary approval.
5. Pay fees: Pay the relevant registration fees and license fees.
6. Obtain a license: After obtaining approval and paying the fees, collect the corresponding license.
Dubai implements import and export license management for certain goods, mainly including special goods, sensitive goods, and regulated goods.
Applicants need to determine whether an import/export license is required based on Dubai's customs regulations and import/export policies.
When applying for an investment license in a Dubai free zone, most free zones offer various office space options, ranging from virtual offices to physical offices and warehouses. Choosing a virtual office usually meets the needs of startups or asset-light businesses, with relatively lower costs. If opting for a physical office, it must comply with the area and facility standards set by the free zone, which may vary across different free zones. For mainland applications in Dubai, companies need to lease office space that complies with local commercial real estate regulations, typically requiring rental contracts and other supporting documents. The space must meet the operational and branding needs of the business.
Generally speaking, different industries and different free zones or emirates in Dubai have varying requirements for registered capital. Some free zones may require a minimum registered capital amount. For example, in the Dubai International Financial Centre (DIFC), certain business types may require higher registered capital to ensure the company has sufficient funds to operate and take on responsibilities. However, some free zones or industries may not have strict lower limits for registered capital, focusing more on business plans and feasibility among other factors.
Dubai investment licenses are mainly divided into commercial licenses, professional licenses, industrial licenses, tourism licenses, and financial services licenses. Choosing the right license type depends on the nature of the business:
1. Commercial License: Suitable for general business activities such as trade and import/export.
2. Professional License: Suitable for individuals or companies providing professional services, such as consulting, IT services.
3. Industrial License: Suitable for manufacturing, processing, and production-based businesses.
4. Tourism License: Suitable for the tourism and related service industries.
5. Financial Services License: Suitable for financial institutions such as banks and insurance companies.
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Zhuoxin Consulting has high-quality business resources and maintains close cooperation with many free zones, bankers and tax departments in the UAE to escort your expansion in the Middle East market.