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Tag: Dubai Instant Business License

  • Three simple steps to renew business license in Dubai

    Three simple steps to renew business license in Dubai

    Getting a business license renewed is easier than ever before! Business license in Dubai is renewed annually. You can now renew your business license in Dubai in three simple steps. Thanks to new measures adopted by Department of Economic Development – DED in Dubai.

    If you are a businessman or entrepreneur, you could renew your business license on your own. The Dubai Department of Economic Development DED has put forth several initiatives. Like the smart electronic services and registered agents that help you renew your business license in Dubai. Send a SMS and renew business license in Dubai. Moreover, online renewal helps reduce delays and save time and efforts spent in visiting the ministry offices.

    These measure where brought in to develop easy business procedures and streamline an accommodating environment.

    Here are the three simple steps that would help you renew your business license –

    Check the validity of the tenancy contract:

    The tenancy contract should have a minimum validity of one month, and the longer the better. Place of business is extremely important when it comes to company license renewal Dubai, thus double-check on the validity of your company’s tenancy contract in order to avoid delays in getting a business license.

    Get the approvals for the activity:

    Every specific business activity has selective requirements as well as may need certifications and licenses from specific authority. For instance, a car rental company or a private motor vehicle service need an approval from the Dubai Road and Transport Authority (RTA), whereas a private medical clinic needs a certification from the Ministry of Health and Prevention of Dubai and so on. Thus, get approval for the business activity for the respective judicial or governmental department well-in-advance before you apply for the business license.

    Apply for business license renewal:

    Collaborate all the certifications and the application for the trade license renewal in Dubai. Submit it to Department of Economic Development DED is several ways.

    • Renew your business license offline

    Department of Economic Development (DED) can renew your business license through various offline modes such as business service provider, authorized service agents, law firms, happiness lounge, etc.

    • Renew your business license online

    DED has a comprehensive website and e-Services for the business customers through which they can renew business license online. Getting business license renewed online can be reliable with minimal paperwork as well as speeds-up the process.

    • You could do it through auto-renewal

    In order to improve the country’s investment and business climate, the Economic Department has initiated an auto-renewal process through which the renewal could be fast-tracked. Investors seeking to renew their license only need to send an SMS with their license number to 6969. The business license renewal cost is sent via SMS. The business owners can then pay this fee through offline as well as online methods.

    Matter of Concerns:

    Delay and non-renewal of Business License in Dubai can attract penalties and even could blacklist the company. Moreover, plans for setting up business in the future might also be jeopardised. Thus, several businessmen feel appointing a business service provider in UAE is a safer and easier option.

    Remembering the due date of your business license is not the only factor. Business license renewal takes longer time, especially if the documents are not in order. You need to be certain about the validity of your tenancy contract and certifications involved. Running around the ministries and governmental authorities at the last minute could be tiresome. Therefore, investors and businessmen feel best to outsource the renewal process.

    The DED has made the regulations extremely simple for businessmen in Dubai. However, help from a business setup services provider makes administrational procedures even more convenient. A business setup service provider in Dubai significantly improves the quality of company formation and regulation. As a businessman you have instant awareness about the procedure, and you can be carefree on what goes next.

    Go with Shuraa Business Setup–one of the well-known and established business setup service providers in UAE.

    Shuraa Business Setup helps establish and obtain information about your company from the authority. We also issue and renew commercial registrations, keep a tab on the expiry dates and remind any renewals involved.

    Shuraa Business Setup also offer number of administrative services that enable you to easily manage and operate your businesses. To know more speak to our business consultants or drop in a quick inquiry and we will get back to you!

  • Business License in Dubai, UAE – A Complete Guide

    Business License in Dubai, UAE – A Complete Guide

    Business licenses in Dubai is compulsory requirement for every type of company formation. Setting up a new business in Dubai can be an exciting prospect and several variables need to be considered. However, the most important of all is business licensing in Dubai.

    This article will provide you a complete guide on the various types, structures and procedures involved in Dubai business licensing.

    Why do you need a business license in Dubai?

    A Dubai based business license validates your company as a legal entity certified to do business. Not just this, the business license also identifies you and your business enterprise. It takes accountability of your commercial proceedings as well as protects the public health and safety.  On the other hand, it also allows to the governmental entities to regulate and survey the commercial proceeding in the city.

    Watch the video for further details

    Who provides business licenses in Dubai?

    The Department of Economic Development (DED) is a government body entrusted to license companies or individuals who desire to carry out businesses in Dubai. The Department of Economic Development provides business licenses in Dubai. Dubai DED is the entity that does not only provide business licenses, but also regulates the procedures related to business licensing.

    A DED licensed business is generally known as a “local company”. You must note that only mainland companies are registered and licensed by the Department of Economic Development, unlike free zone companies – those are licensed by private authorities.

    What are the types of business licenses in Dubai?

    There are mainly four types of business licenses in Dubai as well as around the UAE.

    1. Commercial license for general trading businesses
    2. Professional license for service-related businesses
    3. Industrial license for manufacturing goods
    4. Tourism license for travel and tours industry

    Business licensing is the most initial stage of starting a UAE business, but you also need to know that there are different agencies and jurisdiction that manage the system of business licensing. Watch the video to understand it in detail.

    Which is the best type of business license in Dubai?

    All the business licenses in Dubai are industry specific. While some licenses would be apt for some businesses, other may not be compatible for the related business activities.

    This means that you can apply for a business license depending on the industry, business activity, the structure of the company, etc. However, the suitability of the license is different for each business. Also, the region you decide to set up the business in Dubai also plays an important role to determine the best business license for you. The right way would be to consultant a company formation expert. An expert can analyse and advice as per your commercial needs and future scopes of the company. Click here to consult a company formation expert for FREE Contact us.

    How to Get a Business License in Dubai?

    So, if you have learnt it all about the various business licensing options available, then you would be surely wondering how to get a business license in Dubai? What documents are required to license your business? Or are there any major conditions for getting a Dubai business license?

    Various jurisdictions and business activities have its own licensing requirements. However, if you opt for a mainland license in Dubai then below are the most probable requirements:

    • One of the business partners needs to be present during the process for applying a business license in Dubai.
    • Passport copies of all the business partners as well as mangers depending that are required as per the business activity.
    • A NOC from the sponsor of the company for expat investors or foreign partners.
    • Copies of the residency visa for all the business partners.
    • You need to ascertain your business activity and legal structure for the company along with the reservation for the trade name.
    • Also, an initial approval from the DED and external approvals as required needs to be submitted with the application.
    • The tenancy contract for the office space and the Ejari also is a requirement to get the business license in Dubai.

    All these documents are submitted by a PRO to the Department of Economic Development (DED). And after the fees is paid the license is issued.

    Cost of Business License in Dubai, UAE

    The cost of a business license in Dubai typically ranges between AED 7,000* and AED 30,000*, depending on the location and type of business setup:

    • UAE Mainland: AED 12,000* to AED 30,000*
    • UAE Freezone: AED 7,000* to AED 20,000*

    The exact cost can vary based on factors such as business activities, location, and government fees.

    How to Renew your Business License in Dubai?

    Business license in Dubai needs to be renewed on an annual basis. Companies and commercial entities need to go through the process of documentation for renewal of the business license. Also, the business license must be renewed before the due date as a penalty is charged on late renewals. Getting a business license renewed can be made easier with the help of a business setup service providers in the UAE.

    Speak to Shuraa Business Setup

    Shuraa Business Setup is the only destination to get all the business licensing services under one roof! At Shuraa, our business setup consultants help you choose the right license for your business. We also make you understand the various process of getting a business license.

    Shuraa Business Setup also communicates with the Department of Economic Development (DED) for all your licensing processes and ensure you get every approval that is required for the business. We do not only help you get the business license but also renew it annually so that can save yourself from delays and penalties.

    Would you like to know more on business licensing in Dubai or anywhere across the UAE? Need to know the difference between licenses for mainland as well as free zone regions? or may you need to estimate the cost of business trade license in Dubai?

    Book your FREE consultation with our Shuraa’s Business Setup consultants today!

    Call us on +97144081900 / WhatsApp +971507775554. You can also email us at info@shuraa.com or simply log on to blog.shuraa.com/

  • Small Business License Cost in Dubai, UAE

    Small Business License Cost in Dubai, UAE

    Business licenses in Dubai are one of the crucial elements of starting a business. Company and business licenses in Dubai are monitored and mandated by the Department of Economic Development (DED).

    From small and medium enterprises to multinational companies – all types of businesses need to be licensed to operate legally. If you are wondering how much a small business license costs in Dubai, the quick answer is between AED 8000 and AED 30000. However, there are a lot of contributing factors that may collectively influence the small business license cost in Dubai.

    Factors influencing Dubai business license costs

    The factors influencing Dubai business license fees are as follows:

    1. Nature of the business

    Business licenses in Dubai are issued based on the nature of the business, also referred to as the business activity or business type. The licensing structure is mainly divided into four business types.

    They are commercial licenses issued for trading and commercial entities, licenses issued to businesses offering professional services, industrial licenses issued to manufacturing companies, and tourism licenses issued to travel and tour services. The nature of the business is the prime factor that defines the cost of a business license in Dubai.

    2. Number of company partners

    The number of company partners in a business could be another factor that may fluctuate the cost of a business license in Dubai. If you have a small business with only yourself as a partner in the company, that would be best to keep the costs lower.

    Partnerships also depend on the license that you opt for. Some licenses, such as a commercial license in Dubai, require you to have two partners, while with a professional license, you can be the only partner in the company.

    3. Rented office in Dubai

    Renting an office space will increase your business license costs by 2.5%. Due to the regulations noted by the Department of Economic Development, businesses must pay 2.5% of the total rent towards the cost of a business license in Dubai. Thus, we ensure you get affordable office space for rent in Dubai.

    4. Added approvals

    A significant factor that may impact the business license Dubai cost is the required approvals and sanctions. Additional approvals might be necessary depending on the nature of the business activity, which can further raise the total cost of obtaining a business license in Dubai.

    These additional approvals are considered indirect costs, meaning they won’t be included directly in the business license fee but will contribute to the overall expenses involved.

    5. Speak to an expert

    Analysing these factors can be a good idea for a small business to lower its business license cost in Dubai. However, a better way to deal with it is to speak to a business setup consultant or an expert from Shuraa Business Setup.

    A business license plays a vital role in the future and scope of your business. The business license you choose does not only define your business activity but also matters when you consider expanding your business.

    Overview of Business License Cost in Dubai

    In Dubai, obtaining a business license is crucial to operating legally. The Department of Economic Development (DED) or the relevant free zone authorities oversee the issuance of these licenses.

    Depending on your business activity, several licenses are available, each with different cost structures. Here’s a breakdown of the main types of business licenses in Dubai:

    • Commercial License: This license is required for businesses engaged in trading activities. It covers the buying and selling of goods. The cost of a business license in Dubai for a commercial license can vary based on the size and nature of the business.
    • Professional License: Designed for individuals or companies offering professional services, such as consultancy, legal services, or other expertise-based professions. The cost of this license depends on the business scale and the number of employees.
    • Industrial License: This license is essential for businesses involved in manufacturing or industrial activities. The fees are influenced by factors such as factory size and the nature of production.
    • Tourism License: This license is mandatory for businesses operating in the travel and tourism industry. It covers travel agencies, tour operators, and other tourism-related activities, with costs depending on the services offered.

    Businesses can make informed decisions by understanding these license types and associated costs. Consulting with business setup experts like Shuraa can provide accurate details and help streamline the licensing process.

    Detailed Breakdown of UAE Business License Cost

    Commercial License Cost

    • Initial Approval Fee: AED 200* to AED 400*
    • Trade Name Reservation Fee: AED 700* to AED 900*
    • License Fee: AED 10,000* to AED 15,000*
    • Office Rent: AED 10,000* to AED 50,000* (varies by location and office size)
    • Total Cost: AED 25,720* to AED 70,720*

       Additional Costs

    • Market Fees: Approximately 5% of annual rent
    • Agent Fees: AED 7,000* to AED 15,000* annually for foreign investors

    Professional License Cost in Dubai

    Businesses offering services and professional individuals require a professional license. The cost of a UAE business license includes:

    • Initial Approval Fee: AED 100* to AED 300*
    • Trade Name Reservation Fee: AED 620* to AED 720*
    • License Fee: AED 5,000* to AED 10,000*
    • Office Rent: AED 10,000* to AED 50,000*
    • Total Cost: AED 18,720* to AED 66,020*

     Additional Costs:

     Local Service Agent Fees: AED 5,000* to AED 15,000* for foreign investors

    Industrial License Cost

    • Initial Approval Fee: AED 1,000* to AED 3,000*
    • Trade Name Reservation Fee: AED 1,500* to AED 2,000*
    • License Fee: AED 15,000* to AED 25,000*
    • Office Rent: AED 30,000* to AED 60,000*
    • Total Cost: AED 50,000* to AED 70,000*

     Additional Costs:

    • Factory Setup Costs: Varies based on factory size and requirements
    • Environmental Approvals: Costs may increase for activities requiring environmental department approvals

    Cost of Business Licenses in UAE Free Zones

    The cost of a License starts from AED 6,000- 30,000*.

    Ras Al Khaimah Economic Zone (RAKEZ)

    • 0 Visa Package: AED 6,000*
    • 1 Visa Package: AED 12,000* (Visa Free for Lifetime)
    • 2 Visa Package: AED 18,000*
    • 3 Visa Package: AED 25,000*

    International Free Zone Authority (IFZA)

    • 0 visa Package: AED 12,900*
    • 1 Visa Package: AED 14,900*
    • 2 Visa Package: AED 16,900*
    • 3 Visa Package: AED 18,900*

    Steps to Start a Small Business in Dubai

    Getting a small business license in Dubai may appear challenging, but following these steps will make the process more manageable:

    • Identify Your Small Business Activity: The first step is to Define your business activity. Dubai classifies licenses based on trade, industry, or services. Research the category that aligns with your business operations.
    • Choose a Business Name: Once you have selected a business activity, the next step is to choose a business name. Pick a unique and easy name according to Dubai’s naming regulations. Ensure it is not already in use and avoid offensive terms. Shuraa’s business setup consultants can assist with name selection.
    • Decide on a Legal Structure: Choose from legal structures like sole proprietorship or limited liability company (LLC). Each structure has distinct advantages and implications for licensing. Professional guidance can help you make an informed decision.
    • Register with DED: Apply for initial approval from Dubai’s Department of Economic Development (DED). This involves submitting essential documents, such as business plans, and paying initial fees. Specific industries might need additional permits from other government bodies. Research extra approvals required for your business activity.
    • Choose a Business Location: Select an office space or a free zone location, considering factors like cost, proximity to your target market, and benefits of the free zone (if applicable).
    • Visa Requirements: Consider the number of visas required for employees, as this will affect overall costs. Research visa options and fees based on your chosen legal structure.

    Consulting with a business setup expert Like Shuraa can streamline the process and ensure compliance with all regulations.

    Documents Required for Small Business Setup in Dubai

    To set up a small business, the following documents are typically required:

    • Passports and visas of owners and partners
    • Business plans
    • Tenancy contract (if applicable)
    • Proof of any additional approvals obtained
    • Memorandum of Association (MOA) and Articles of Association (AOA) for certain legal structures

    Each business owner must submit their documents to apply for individual investor visas.

    Understand the Costing for Your Small Business License with Shuraa!

    In conclusion, understanding the Small Business License Cost in Dubai is essential for anyone looking to start a business in this dynamic city. The costs can vary widely depending on factors such as the type of business, number of partners, office location, and additional approvals required.

    Consulting with Shuraa Business Setup can be incredibly beneficial for a smoother and more efficient process. Their expertise in Dubai’s licensing landscape ensures you get accurate cost estimates and comprehensive support throughout the licensing process, helping you establish and grow your business confidently. For personalised assistance, contact Shuraa Business Setup today.

    For more information or a free consultation, contact Shuraa Business Setup. Call us on +97144081900 / WhatsApp +971507775554. 

    You may also email us at info@shuraa.com or log on to blog.shuraa.com/ 

    Frequently Asked Questions (FAQs)

    1. How much does a small business license cost in Dubai?

    A business license in Dubai generally costs between AED 10,000* and AED 30,000*, depending on business activity and structure. The estimated cost of a business in Dubai mainland can be anywhere between AED 12,000* and AED 28,000*. The license cost in Dubai Freezone typically starts at AED 10,000*.

    2. What is the cheapest small business license in Dubai?

    The cheapest small business license in Dubai starts from AED 5,750*. To know more about the cheapest business license, you can contact Shura business setup.

    3. How to get a small business license in Dubai?

    To get a business license in Dubai, follow these steps identify your small business activity, choose a business name, decide on a legal structure, register with DED, choose a business location, and visa requirements.

    Disclaimer: The information in this post is for general guidance only and may change due to updates in government policies or regulations.