How do I get a business license in Dubai?
Ans:-
- Trade name approval from the Department of Economic Development (DED)
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Power of attorney
- Passport copies of the shareholders and directors
- Proof of address
- Lease agreement
- NOC from the landlord
- Trade license application form
- Payment of fees
The cost of getting a business license in Dubai varies depending on the type of business and the location. For a mainland business license, the cost is around AED 10,000 per year. For a free zone business license, the cost is typically lower.
The processing time for a business license in Dubai is typically around 4-6 weeks. However, it can take longer if there are any delays with government approvals.
If you’re looking to get a business license in Dubai, BizDaddy is the perfect partner for you. They can help you with every step of the process, from start to finish. Contact them today to learn more about how they can help you achieve your business goals.
Here are some additional tips for getting a business license in Dubai:
- Start the process early. It can take several weeks to get all the necessary approvals, so it’s important to start the process as early as possible.
- Be prepared with all the necessary documents. The DED will not process your application if you do not have all the necessary documents.
- Hire a business setup consultancy. If you’re not familiar with the process, it’s a good idea to hire a business setup consultancy to help you through it. A good consultancy will be able to help you choose the right business type, register your company, obtain a trade license, and more.
- Be patient. The process of getting a business license in Dubai can be time-consuming, so it’s important to be patient.
Getting a business license in Dubai is a relatively straightforward process, but it can be time-consuming and complex. If you’re not familiar with the process, it’s a good idea to hire a business setup consultancy like BizDaddy to help you through it.
BizDaddy is a leading business setup consultancy in Dubai with a team of experienced professionals who can help you with every step of the process. They can help you choose the right business type, register your company, obtain a trade license, and more.