License Archives - Page 2 of 3

how-to-get-e-commerce-license-in-dubai-commerce-city-setup-business

12Jan2022

Business, Business Setup, dubai, E-Commerce, How To, License

How to get E-Commerce License in Dubai Commerce City & Setup Business

Dubai Commerce City Free Zone has been the New eCommerce Centre of UAE. They're the dedicated Free Zone for companies like eCommerce that structures the ecosystem to sustain the growing network in the Middle East and North Africa region. The ongoing and new enterprises have a free zone that has a one-commerce licensing mecca with e-commerce rosters, customized company conformations that results in a touch of a button. They are designed for the operation process and gives the personalized client care. Dubai Commerce City is the perfect spot to start the eCommerce business. The state-of-the-art technology brings the business sector to boom. This in future boosts employment opportunities of the business ecosystem. Nowadays, the business opportunities of the Middle East are on rise. Individuals choosing an eCommerce business setup in Dubai may turn to Dubai Commerce City. Their strategic location plays an essential role to fulfill the business needs. Businesses connect with the audience to deliver good results. The eCommerce sector has been booming and plays the role of accessing everything. Business shifts from offline to online market. This leads to more popularity in the eCommerce sector. Dubai’s e-commerce sector grows due to a huge success in the eCommerce sector. Online sectors can target the maximum number of people through it. As per the reports, the eCommerce sector is around 1 billion. So, starting an online business can give you huge opportunities.

E-commerce License

You have to follow rules to get an eCommerce license in Dubai. Contact our professionals to get an eCommerce license easily. Dubai's law is quite strict. Hence, the authorities will never allow a business to start if the paperwork isn’t done. The Department of Economic Development can provide e-commerce licenses in Dubai. It is essential to get a license before starting any businesses in Dubai. They play an essential role to conduct the business legally. If you like to start your online business and have no other better place than Commerce city, it is valid to set up your business there.

Reasons To Set Up Your E-commerce Business In Dubai

Easy and quick company registration
Best centralized CRM solution for a good customer experience
Tools for e-commerce business management can be available
Business support services availability
E-commerce platforms can integrate with different business solutions.

Types Of Dubai’s e-Commerce Licenses

Authorities of Dubai provide licenses for e-commerce business functioning. You have the flexibility to get your license based on your nationality and business activity.

Portal License

Non-UAE nationals may apply to obtain a portal license. You can start a business in the UAE to link sellers and buyers. Research the pricing before applying for a portal license. The price of a portal license may differ based on the business needs.

E-trader license

As per the portal license, businesses selling their products online can apply for an e-trader license. DED issues for the e-trader license. It is obtained through GCC and UAE nationals. You get an e-trader license if you have the ownership. E-trader license cannot help with physical shop requirements.

Virtual Company License

Dubai’s economy launches a virtual company license program for promoting businesses. This is mandatory for overseas investors and foreign residents. Foreign residents can participate in commercial activities for online business. Sectors which can do businesses with a virtual company license are designing, computer programming and advertising. Clusters that determines the success of online businesses are:

Logistics - They have 105 warehouses made with latest technologies
Business - can promote constant engagement to business sectors
Social- It determines the success of business in Dubai.
Commerce City- has components that have exhibition halls, art galleries and restaurants.

Obtaining an eCommerce license is easy through the process. You have to apply to the authorities with needed documents. Authorities can take upto one week for a license. After the license, you can conduct the business in Dubai.

Legal structure for business in Dubai Commerce City like limited liability and branch office
License application at the DED or Dubai’s Commerce City
Choose an appropriate trading name
Submit the license application and fees
Authority must get an initial approval certification
Draft of MOA and local service agent agreement
Wait for approval
Open the bank account for transactions

Blackswan can help you in getting eCommerce license and setup your business in Dubai, UAE, Fillup the form below to request a quote or Call us

Company Registration & Business Setup Process in JAFZA

1Dec2021

Business, Business Setup, company, Free Zone, License

Company Registration & Business Setup Process in JAFZA

UAE's oldest free zone is JAFZA. They were founded in 1985. This is home for 7,000 local and international factories, local companies, manufacturing plants, logistics firms and assembling units. Jebel Ali Free Zone has access to the Jebel Ali Sea port and to Al Maktoum International Airport. They have a single customs area that reduces cargo clearance costs and times. Logistics, shipping and trading companies are located in this free zone. If you like to do business setup in Dubai, JAFZA has many benefits.

Logistic Corridor By Sea

Jebel Ali Port has the global open connectivities. This serves almost 150 shipping lines that are capable of managing 19 million containers per year.

By Air

Al Maktoum International Airport is the biggest cargo airport in the world.

By Land

The UAE region is equipped with the best highway link. This can make the cargo travel faster in Dubai and Emirates.

By Rail

Etihad rail is under construction. It links with JAFZA to the Arabian Peninsula.

Facilities

Jebel Ali free zone is the vast portfolio of facilities.

Plots of land
Warehouses
Showrooms
Customised development solutions
Offices
Business Park
Retail outlets
On-site residence

It is hard to get the flexi-desk for Jebel Ali company because of their low availability. If you like to start a business, consider the office space right now.

JAFZA Dubai Activities

Based on the kind of business setup in UAE, the license can be different. Some categories are offered like:

Trading
Industrial
Service
Logistics
General Trading

Companies with the service activity are registered as a branch of the existing UAE Mainland entity. Industrial, Trading and Service Licenses are of two types. They vary based on the number of activities you have with the license:

First type- upto 7 products of the same group
Second type- upto 12 products from the same group

If you add extra activity for any other license type, it costs 500 AED. JAFZA company formation generally recommends dealing with international distribution, trading or logistics sectors.

JAFZA License Costs

The company setup in Jebel Ali Free Zone is reasonable if compared with other Free Zones. Jebel Ali Free Zone company registration are as follows:

10,000 AED for registration fee
5,500 AED for type 1 license
9,000 AED for type 2 license

It is essential to have office space in this Free Zone. The smallest offices are 26.88 sqm with the 53,670 AED as the charge for an annual rent. The complete company setup in JAFZA , excluding the resident visas, can cost 86,935 AED. Besides the mentioned costs, it includes the document attestation cost, approval fees and establishment cards.

How to Start a Business

JAFZA company setup is also started without your presence. But you have to visit the free zone if the company’s documents are generated. Lists of documents needed for JAFZA company registration

Application form
Brief Project Summary
Passport copy
Business activities
Options of Company's name

Time-frame for the setup of the Jebel Ali free zone varies from 2 to 4 weeks. This depends on the type of facility and business activity you choose.

UAE Residence Visas for Jebel Ali

Jebel Ali Free Zone can make your company eligible for the resident visas. You'll have 1 resident visa per 10 sq meters of office space. Their visas can be valid for 3 years. Health insurance is needed for this free zone. The cheap package is 600-800 AED. Health insurance must be renewed every year.

Business Renewal

You have to pay for the company’s renewal. Renewal of the Jebel Ali free zone license can cost the same as JAFZA company registration. Company renewal is done without visiting the Jebel Ali free zone. You have to give the company's audit report during the renewal process. Audits are done through UAE license & accredited auditing companies. Licenses are renewed for three years in companies that have a plot of sublease and land facility.

Corporate Amendments

The amendments of JAFZA company can proceed without visiting the free zone. Amendments like

Changing name of business activity
Changing director or manager

The shares transfer procedure is required for visiting the free zone. It is also done by the person that holds a notarized Power of Attorney.

License Cancelation

Liquidation procedure needs the physical presence of the owner or may be done through the Power of Attorney holder. Free zone requests you to submit the original documents and pay the liquidation fee. The fee of license cancellation costs around 2,000 AED. Company closure can approximately take 1 month. JAFZA company register gives the certificate of liquidation on the completion of procedure. Jebel Ali Free Zone are suitable for the following process

International Trading
Importing And Exporting
Distribution And Logistics Manufacturing

The cost of company formation in Jebel Ali Free Zone is higher than other zones. JAFZA has all kinds of facilities. Company formation in the Dubai Airport free zone competes with them. Sea ports are substituted by the Airport. The free zones of Sharjah Airport International are larger than JAFZA, and have recommended registration options.

Benefits Of JAFZA Company

Largest UAE Sea port in free zones
Plots and warehouses of land
Retail locations
Faster bank account opening process

Best Ways to get a Real Estate License in Dubai and Start Your Real Estate Business

25Nov2021

Business, dubai, License, Startup, uae

How to Get Real-Estate License in Dubai and Start Real-Estate Business

The market has slowed since the past two years, but Dubai real estate still generates impressive returns. Excess 6% of yields makes Dubai’s property market to be more lucrative than prestigious cities. For instance, London gives an average yield of 4.4% when New York returns 4%. These returns make Dubai real estate attractive for investors all around the world. If there's a thriving investment market, there is a demand for related services like property management, brokerage and development. With the right support, these businesses are affordable and straightforward. Here you learn how to start your real estate company in Dubai.

Are you getting ready to start a real estate business in Dubai?

Either you wish to start a property management company, the real estate brokerage business, or become a developer, there are few steps to consider if applying for a license. You have to outline your business activity. It determines the kind of service you're permitted to provide. For instance, if listing a real estate brokerage as the activity then you can rent proof act like a representative for the seller of a property, manage property on behalf of owners and consult on property sales. Several property related business activities can be chosen from. It can be vital that the chosen activity aligns with the activities you like to carry out. You can work with a company formation expert at this stage.

Choosing The Company Name

UAE has strict rules while choosing the name for your company. You have to follow a set of naming conventions. A professional in company formation can help you with it. Avoid using offensive languages. Plus avoid names of known organizations, and abbreviations. For instance, use Dave Mann Consulting besides D Mann Consulting. You can check if your chosen name can be registered You have to establish your business in the mainland or free zone before making the license application. Free Zones like Fujairah Creative City have benefits like easy incorporation process, financial incentives, ongoing business support like zero currency restrictions and tax exemptions. Mainland can permit you to trade directly with the UAE market and has lucrative government contracts. The setup must be suitable for the nature of your business. A company formation expert will advise the best approach.

Real Estate License Application

The setup type, activities and name can make the license applicant start the real estate business in Dubai. For property management services and brokerages, you have to apply for the professional services license. Apply directly to the DED or to one of the UAE’S free zones. The free zones are cost-effective and straightforward to start the real estate company as well give benefits like zero percent corporate and personal income tax, and 100% tax exemptions. The United Arab Emirates has free zone businesses to repatriate the invested profits and capitals. They have no currency restrictions or foreign exchange controls. You need extra accreditation to operate in the United Arab Emirates real estate industry. Pass the Certified Training of Real Estate Brokers course to get approval from the real estate market. Once you take the course from the Real Estate Regulatory Authority and pass, you can be issued with the permit to start trading. Prior knowledge is required to start a business in the UAE. Note down the application process to submit them error free. It's best to work with the company formation specialist if establishing a new company in the UAE. They can guide you for opening a corporate bank account, handle your license application and find the suitable financial institution to match your specific needs. They provide visa and immigration services, handle work permits, visas and government formalities that are needed to trade in the UAE.

Professional License in Oman for Healthcare Service

5Nov2021

License, Oman

Professional License in Oman for Healthcare Service

When you're a healthcare professional, who targets the job in the Gulf Cooperation Council (GCC) region, especially in Oman, learn about a few things. Regulators of the GCC region cannot practice without certifying that you're competent and the documents are real. The regulator that oversees equivalency certification in Oman is the Oman Medical Specialty Board. They need qualified foreign healthcare professionals to take the Prometric exam and obtain documents verification from DataFlow.

Oman's Medical Specialty Board

Oman's Medical Specialty Board has a self-governing regulator that has a vision that uses the word LIFE. They have to develop leaders to monitor the Impact of leaders' initiatives. For advancing the medical professions, they'll evaluate healthcare professionals' fitness for practice. Then foster the environment for education. Oman's Medical Specialty Board administers and oversees exams locally and internationally. Besides local exams, the contracted Prometric can dispense medical exams. This supervises the evaluation of the professional licenses issued from other countries. Prior to validating the documents, ensure its authenticity through the DataFlow issue and PSV Report on it.

Prometric

Prometric exam is most asked while getting an Oman Healthcare Professional license. Some think they need to get the DataFlow exam first before taking the Prometric exams. It's up to you to take either the Prometric exam first or the DataFlow test first. Here is the step by step guide of websites on the provider and regulator. People are apprehensive while taking exams. They need to know the questions asked. The questions cannot be provided prior to the test. At Oman's Medical Specialty Board website, you can find the coverage of exams. Nurses can have the exam coverage of 2.5 hours with 100 multiple choice questions. Visit Oman's Medical Specialty Board website to know more.

DataFlow

Oman's Medical Specialty Board needs your documents to get verified as authentic through The DataFlow Group. Sign up with TrueProfile.io to get this done ahead of time. You aren't tied up with one regulator of GCC. Transfer your PSV Report from TrueProfile.io to your preferred regulator, if you like to change your Oman's application. After choosing your employer, Oman's Medical Specialty Board will evaluate your documents. If your qualification gets awarded equivalency from Oman's Medical Specialty Board, you'll get a license issued to work. Contact experts at Black Swan for Business Setup service in Oman.

How To Set Up Dental Clinic in Dubai & Get Dental License

5Nov2021

dubai, How To, License, uae

How to Setup Dental Clinic in Dubai & Get Dental License

Dubai's Government is ready to assist professionals and investors of dental care and general medical. Most times, it is impossible for a country to offer all kinds of health facilities via government-controlled hospitals. Dubai permits healthcare professionals to open the general clinic or a private dental clinic.

Needs Of Licensure For Dentists To Start A Dental Clinic

Dentists who apply for licenses can have any one of the following degrees:

BDS (Bachelor Of Dental Surgery)
DDS (Doctor Of Dental Surgery)
DMD (Doctor of Dental Medicine)
Equivalent from the nationally accredited dental colleges or schools

Besides these, other dental practices can be followed Graduates of UAE dental universities or colleges, their program and university are accredited through the Ministry of Higher Education and Scientific Research. Dentists must complete one year of internship post-graduation. The applicant must get a valid license and a registration for practising at their home country or in their country of last employment. Applicants accepted in the Authorities Approved Residency Programs are granted the licensure title 'Resident' Dental Speciality certificates that are accepted with following conditions:

Obtain a full-time clinical residency program that has a minimum of three years course duration.
The full-time course of Clinical Master degree of minimum two years.
Clinical PhD having a minimum of three years course duration.

The specialization certificates with the validity period, will not be invalid at a time of application. Specialists having Tier 1 or 2 qualifications don't have to experience post qualification of the speciality field. Here comes the Recognized Specialities Title by the DHA for Licensing. The following Dentistry Specialties can be recognized by DHA in Dubai.

Endodontics
Oral and Maxillofacial Surgery
Dental Radiology
Orthodontics Pediatric Dentistry
Periodontics
Primary Care Dentistry
Prosthodontics
Forensic Dentistry
Restorative Dentistry

Getting Dental License In Dubai

You can register for the issuance of a dental license. Here are step-by-step procedures to give you better clarity.

Register at the Dubai Healthcare Authority official port.
Then register for the license along with your documents.
List of documents comes under Personal Information.
Nationally accredited educational qualifications as recognized by DHA.
Professional Qualification Requirements.
Official Educational transcripts.
Whole year's Mark list.
Current professional experience based as per DHA PQR criteria.
Valid professional license for practising expats.
Registration of the country from last employment.
Good Standing Certificate not older than 6 months.
Medical fitness test for applicant aged 65+
Medical tests must be taken at fitness centres of DHA.
Valid Passport Copy.
Passport size photograph.

Next step is to pass the DHA assessment to get the professional license. Assessment depends on healthcare professionals title and are not limited to oral tests. After the licensing exams, you're given the eligibility letter if the exam has been successful. Offer letter from the recruiting facility must have the professional title, sign of Medical Director, facility stamp and malpractice insurance from the recruiting facility.

Difference between Commercial & Professional License in Dubai

27Oct2021

dubai, License, uae

Difference between Commercial License & Professional License in Dubai UAE

There comes a need to get a business license in Dubai for starting a business. Common kinds of licenses issued in the emirate for businesses are commercial and professional licenses. Here, we can see the differences between these two.

Commercial License

Commercial licenses in the United Arab Emirates can be given to businesses that sell and buy products. Businesses that operate outside and within the UAE get a Commercial License in Dubai. The commercial licenses of the UAE have several ways for their commercial activities. You can trade locally by applying for the general trading license of UAE. File the export or import authorization form along with licensing authority. UAE has several business services and licenses to exchange products like machines, electronics, machinery and building materials.

Kind Of Activity For Commercial License

The business activity to sell tangible products needs a commercial license. Activities for the approval in issuance of commercial licenses are electronic trading, general trading and software trading.

Share Capital For Commercial License

The minimum share capital price is Dhs 30,000.
Fees for government license
Commercial license costing Dhs 17,000
Liability of the Commercial License

The commercial license can be issued for the limited liability company that gives shareholders limited liabilities and debts.

Professional License

Businesses or individuals can use the people's intellectual abilities to get a Professional License for offering their services in UAE and Dubai. It's known as Civil Works Corporation if the business has more than one male owner. Lawyers, auditors and consultants get professional licenses in Dubai. Craftsmen, IT service providers and mechanics are allowed to apply for the UAE Technical License. Expats having technical degrees own 100% of the company and are eligible to become the ultimate owners.

Activity Types in Professional License

Professional licenses can be obtained for those having the special knowledge or skill set and need to get service in exchange for a fee.

Ownership in Professional License

Expats can have 100% ownership if they have a professional license and become the sole owner.

Share Capital in Professional License

The minimum share capital to open the company with the professional license is Dhs 150,000.

Government License Fees in Professional License

The professional license is acquired for Dhs 11,000.

Liability in Professional License

Professional license holders can become the sole responsibility and establish business in all liabilities and debts.

Benefits Of Acquiring A Commercial License

The commercial trade license acts as a security and supervision for trading firms. Here are the advantages of holding a commercial license.

A single commercial trade license is used for a maximum of ten activities.
Several types of companies to choose from while registering.
Single license covers a plethora of related business practices.
You can secure commercial relationships with the Registrar of Companies and the Department of Economic Development.
Get residence visas for company management and employees.
Can open the corporate bank accounts with assistance.

Professional skills are mandatory for service-oriented companies. One must have a UAE professional trade license to open a business in the UAE.

There is a fixed annual fee for a professional license.
Highly suited for skilled professionals.
Transparency in client's dealing.
Businesses must apply for visas for employees.

22Oct2021

Business, Business License, dubai, How To, License

How to get E Trader License in Dubai

E trader license is for home-based entrepreneurs or individuals selling services or products through social media platforms such as Instagram. The E-trader license was introduced by the Department of Economic Development (DED) in Dubai for regulating the sales of online commodities that are sold through social media websites. It helps to curb the sales of fake commodities and goods over social media. License can be the confidence booster for buyers or customers who indulge in online purchases through social media platforms. If getting the e-trader license in Dubai, you engage with offering services or products for sale on social platforms. If you don't want to hire an office, and look to work from home using social media platforms, then the e-trader license of Dubai can be the ideal solution to flourish your business. E-trader license of Dubai permits you to do online business in Dubai for selling your services and products to other Emirates. You have to get separate approval from DED authorities.

Who can apply for the E-trader license in Dubai?

Home business people and individuals who sell and endorse online products through social media or websites must apply for an E-trader license. E-trader license is required for all online sales who use a valid social media account. It refers to housewives and mothers who stay at home and indulge in sales of fashion apparel, hand-made items, jewellery, services and goods through several online platforms. Dubai's E-trader license can be applicable for home-business endeavours, where office space requirement is not essential as Ejari documentation gets irrelevant here. Freelancers offering several online services can apply for an E-trader license. A single individual owning a home-based business doesn't need a local partner to apply for an E-trader license in Dubai. E-trader license is suitable for the sales of commodities and goods through E-commerce websites. The license applicant must belong to the GCC national or a UAE national. Besides GCC and UAE nationals, foreign expats of other nationalities can also apply for the license. Applicants residing in Dubai must satisfy the requirements of minimum age of 21 to apply for the E trader license.

Advantages Of E- trader License In Dubai

E-trader license in Dubai benefits individuals to legally promote or sell products and services via social media channels like Facebook, Instagram, or on a personal website. The e-trader license in Dubai has various other benefits like:

Licensing brings authenticity and legitimacy for E-commerce and online trading.
E-trading license gives customers confidence and promotes hassle-free online sales.
E-trader license gives legal authority to an individual to sell or market a product through online platforms like social media and websites.
Home-based business entrepreneurs can take part in exhibitions, events and showcase their commodities and products.
License holders may sell products through e-commerce websites such as Souq.com.
License holders have a right to participate in the E-trader training program organized by DED.
License holders can safeguard the trade name and intellectual property.

Application Of E trader License In UAE (Dubai)

The registration of an E trader license can be a straightforward process. You can register at the website of DED traders. Create an account by visiting a DED trader website. Details can be furnished as per the social media account. You can pay the license fee after the registration process. The cost of a Dubai E trader license is AED 1070. You have to renew the license annually. Take the benefit of the E-Commerce potential in Dubai. For queries and doubts of E trader license in Dubai, get the help of Black Swan business set up consultants.

Documents Needed For E Trading License In Dubai And Their Estimated Cost

Submit the documents of residency detail, address and age to DED to get the E trading license in UAE and Dubai. You can open a shop with a license. It promotes businesses to operate from residencies. If you're setting up a company in Dubai, the license, procedure and eligibility criteria are different.

Documents Needed For E trading License in Dubai

Must have the valid Emirates Id and should be located in Dubai.
The applicable age must be 21.
The trade name must be registered with authorities. Approval has to be given with the application.
Makani Number or Proof of residence is mandatory, but Ejari is not necessary.

You can have a UAE e-trader license in 3 to 5 business days. Payment must be made by the authority within 24 hours of issuance of the payment voucher. The membership of the Dubai Chamber of Commerce is mandatory for commencing commercial business activities. License can be issued for one year. It must be annually renewed, within one month of a due date.

Cost Of Dubai's E trader License

E trader license costs AED 1070 and the E- trader Commercial License costs AED 1370 that includes AED 300 for Dubai Chamber of Commerce membership. E-trading licenses can be used for the personal development of business. Financial stability can be achieved by exploiting the opportunity. Trader License Is For:

Spouses at home
Professionals who want to use their talent, without spending money on setting a firm
The success probability
Using free time to set up a side business
Professionals wanting to take passion as a side business
Newbies having new business ideas
Checking the entrepreneurial skills

You can discuss the plans with us today. Black Swan has a professional team to guide you through the business objectives. This can be fruitful if you enter the business field with the support of an expert's team. We guide you with constructive strategies and ideas to benefit your business.

21Oct2021

dubai, License, uae

How to get Commercial License in Dubai

Investors can apply for the mandatory license for starting a business in Dubai. Licenses vary based on the business type and region of operation. These licenses can be issued by the Department of Economic Development (DED). Major licenses are:

You have to get a commercial license if setting up a trading business in Dubai. This can allow you to buy and sell services and goods.

Strategic Location Of Dubai

The biggest benefit for business establishment is the "strategic location of Dubai". The most happening trading hub of Asia is Dubai. It has international sea and air routes. Dubai's International Airport is the third busiest airport in the world, serving as the international gateway for Africa and Asia. Dubai has world-class exports such as Jebel Ali, Port Rashid and Al Hamriya, handling cargo and passenger operations. The business-friendly transport infrastructure serves Dubai as a trader's paradise.

Business Activities For Commercial License

You have to decide on trading activities before applying for a commercial license. Get a clear idea of the type of business activity that you need to set up in Dubai. Service-oriented, selling and buying endeavours can get the Commercial License. Activities that come for commercial licenses are:

Export and Import
Logistics
Tourism and Travel
Brokerage
Real Estate
Product-oriented sales
Rental business

Once deciding your business trading activities, pick a business trade name to register it. The relevant documents are submitted to the UAE Federal Ministry of Economy and the Department of Economic Development to get the commercial license of the country.

Documents required for a Commercial License in Dubai

DED can issue the commercial license for your Dubai business as per the documents you submit. Dubai's commercial license can be valid for one year, then you have to renew after its expiry. Below mentioned documents are required for a Commercial License in Dubai.

Company name must be filled in the application form. The name has to be specified in Arabic and English.
The lease contract form is connected along with the company's address.
Partner or Sponsor's MOA.
Business addresses must be sanctioned by the Dubai Municipality
Department.
A proof of license fee.

The Commercial License is issued by DED after verification of the mentioned documents.

Get a Commercial License in Dubai through the Instant License

Choose the legal form of the specific business activity. Add partners as per the chosen legal form. Aspects like partner's capital profit, share and loss distribution must be considered. Select the automatic trade name or reserve the new one. Choose the commercial register data and specify their Capital value. Skip or select the electronic MOU. Remit the fees, once the payment voucher is issued. The price of the Commercial License in Dubai is 10,000 AED. If you're setting up the Import/Export company in UAE/ Dubai, Black Swan takes you through all official formalities related to licensing services in Dubai. Contact Black Swan business consultants if you have doubts related to Commercial Business License or renewing the existing License.

Benefits of UAE Commercial License

The commercial license of Dubai is easier than any other license. It has added benefits for business firms to carry out various activities. Their advantages are:

The company can trade more products.
Auditing is not essential to renew the commercial license.
Business entities can use trading in any UAE region. It has the optimum use of markets in the country.
The company gets employment visas to recruit foreign employees.
Business organizations that have commercial licenses can do foreign trading and commercial activities.
Commercial license allows companies to locate in any region of Dubai.
Reporting turnover profit, losses and financial transactions is easier with this license.
It's unfuzzy to open a corporate bank account that has a commercial license in Dubai.
Free zone companies benefit 100% profit. They are exempted from taxes too.

Steps To Get A Dubai Commercial License

The smooth functioning of a business entity depends on the compliance of formalities. The federal laws prevent unauthorised business activities and illegal activities. You have to submit all documents to get the commercial license with no further delay. Black Swan can gain you the UAE commercial license without complications and aids you to set up a business. Official formalities of commercial licenses are:

Confirming The Business Activity - Select the business products and type to start in the United Arab Emirates.
Get Initial Approval - Initial approval is given by the Dubai Economic Department for the commercial license.
Choose A Reliable Local Sponsor - The local sponsor must be an Emirati to establish a business in Dubai Mainland to get the commercial license. Local sponsors can hold 51% of company shares, while shareholders and expats get the remaining 49%. Commercial approvals and legal formalities can be in the name of the sponsor. Get the support of a reliable sponsor to support the firm. Black Swan can find you a trustworthy local sponsor. We offer exclusive Royal sponsorship especially for the set-ups like premium business.
Legal Structure Formulation - Memorandum of Association (MOA) and Article of Association is known as the constitution of a business entity. These documents lay the policies, regulations and rules to be followed by the management board, company and employees. Documents must be prepared in Arabic and English.
Apply For The Approval Of A Trade Name - Selecting a trade name must be based on norms promulgated from authorities. Otherwise, the name will get rejected. No two trade names must be similar or a new trade name should not be as same as the existing firm. Nor they must have more stakeholders. Political and religious references can be prohibited.
Office Space - You can rent office space in Dubai. Few kinds of business firms have flexi-desks or virtual offices. If leasing or renting an office space, you must complete a registration at Ejari.
Lease Or Rent A Commercial Space - Authorities have particular dimensions for commercial space. You can rent a space for business purposes. Officials inspect the space to confirm dimensions and fulfil the legal formalities. Ejari formalities are completed for the official space you hire.
Get Approvals From Departments And Ministries - No other additional approvals are required. Commence the business and get approvals in due course.

19Oct2021

dubai, How To, License, uae

How to get Professional Licenses In Dubai – UAE

A suitable license is crucial to start a business in the mainland of Dubai. Trade licenses for UAE/ Dubai can be based on the business type. A valid license is a prerequisite for a business start-up in Dubai. Licenses are categorized based on the business type. They are:

Dubai's Professional License

This license allows professionals to start a business in Emirates. The professional license holders do businesses in industries like Artisanship, Carpentry, Consultancy services, Beauty services, Printing and Publishing and Repair services, coming under professional license services of UAE and Dubai. The professional license can give the single-ownership company to do their profession based artistic or intellectual talent. It is said to be a civil company when the business has more than a single owner. Black Swan provides services to hold the professional license in Dubai. Our professionals share their experience with clients to benefit from the professional company. Professional Licenses are meant for professionals to deal with service-oriented activities. License can be issued for the company or an individual if there is a scope to display one's artistic or intellectual capabilities. It may be skilled-displayed for a specific industry or trade like artisanship. To establish a professional firm, you should have a professional license for extending the services to customers. This can be an art centre, professional tuition centre or similar entity. Your firm must include the authority documents. It can be helpful for legal complications or disputes.

Initial Approval Of Professional License

The precise description of business activity must be prepared to get initial approval for the professional license. A service agent must be assigned to perform official formalities systematically. Now you can get the initial approval from DED. The relevant trade name must be given for your business and has to get reserved. After document submission, you get final approval from DED. Abide by the regulations and rules if naming for a trade, authorities can have stipulations for naming your professional entity. Religious references and political references are not permitted for trade names. It must be in an expanded version, with no abbreviations.

Documents For Professional License In Dubai

Duly filled application
Partner or owner's passport copy
Copy of partner's naturalization book
Expatriate partners need the sponsor's NOC

According to business operation and activity, the Initial Approval is issued by concerned authorities. Applications, documents and certificates must be submitted with DED for professional qualifications. DED officials will read the documents and certificates if issuing the professional license in the United Arab Emirates. The cost for acquiring Dubai's professional license is around AED 10, 310. The professional license cost of Dubai can change from time to time. Service charges are included in the total cost which are:

License fees
Agent fees
Administrative service charge
Trade name fees
Market fees of tenancy
Government cultural fees

Instructions for getting the professional license

A local service agent agreement must be prepared to assign the UAE national as the company's service agent. Notary service is needed to attest to the agreement form. If the agreement is in Arabic, you don't need the seal of the legal translator.

Memorandum Of Association Prepared With A Local Service Agent

The sponsor has the annual fee as indicated in the agreement. The application form is needed if it comes to a Civil Company License. It must be filled and attested by Notary. Partners or owners must sign the Court agreement before a notary. Municipality issues the tenancy contract approval. Owners passport copy, NOC and attested forms are submitted to the Department of Economic Development. License fees are remitted and the payment vouchers are collected. Professionals, service providers and specialists get loads of support and appreciation in Dubai. If you're going to set up a professional business in Dubai, Black Swan Business Setup services guides you in assistance. Black Swan offers business setup service in Dubai. We bring to you quality Professional License services in UAE and Dubai. We get approval from concerned authorities, prepare MOA, find the local service agent and can handle all documentation formalities. Contact us to get a professional license in Dubai.

Benefits of getting a trading license in Dubai

29Sep2021

Business Setup, How To, License, Tips

Benefits of getting a trading license in Dubai

Benefits of getting a trading license in Dubai : Dubai has always been an important centre for international trade due to its strategic location. The economic boom has led to a phenomenal rise in trade activities & today, there is quite a huge market in Dubai for all types of products. As per Dubai rules, it is mandatory to acquire a trading license in Dubai if you wish to import, manufacture, distribute and re-export any product in Dubai. A general trading license as such, deals with trading of most of the products that are used in any market apart from products like Medical equipment, Alcohol, etc. As most of general items need only a general trading license getting it is quite expensive as compared to other trading licenses. But certainly, worth its cost!

Advantages of the general trading license.

Local and international trade

Traders have the option to import or manufacture all the goods mentioned in the general trading license. They can either distribute these products in the local Dubai market or export manufactured goods or re-export (imported goods) in the country of their choice. Utilizing the tax-free economy, cheap labour and other incentives proffered by the Government of Dubai these traders stand to gain a huge profit in their trade.

Tax free benefits

Various goods that come under general trade license are almost tax free and manufacturing of these products is possible at minimum costs deriving a huge profit for traders.

Large number of products

Almost all the goods allowed in Dubai are registered under general trading license apart from few specific products or sensitive materials. Hence trading a large number of products comes under a single license, getting the general trade license will provide continuous benefits for years to come.

Simple process

Obtaining a general trading license in Dubai is an easy process as compared to several other types of licenses. You can obtain it in just 1 week from the Department of Economic Development, DED after submitting the required documents. You can start your business in Dubai mainland, free zones or any other part of UAE after that. View process https://bss.blackswanbss.com/general-trading-license-in-dubai/ Traders can save on annual auditing as there is no need to submit auditing report in Dubai (and UAE) once you have the license in possession.

Easy sponsoring of dependents

The trading license makes it easier for investors to apply visas for their employees & dependents. These traders can sponsor their dependents & they can acquire UAE Visa quite -hassle free.

Get Trade License Cost !

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