What are the activities covered by a trade license in Dubai?

A Trade license in Dubai is a permit that allows businesses to operate in the emirate. The type of trade license that a business needs will depend on the activities that it will be conducting.

The activities covered by a trade license in Dubai are divided into several categories, including:

  1. Commercial activities: These activities include the buying, selling, and trading of goods and services. Some examples of commercial activities include retail, wholesale, import, export, and distribution.
  2. Professional activities: These activities involve the provision of professional services, such as accounting, legal, and consultancy services.
  3. Industrial activities: These activities involve the manufacturing of goods. Some examples of industrial activities include food processing, construction, and engineering.
  4. Service activities: These activities involve the provision of services to the public, such as transportation, education, and healthcare.
  5. Other activities: These activities include a variety of other activities that do not fall into one of the other categories. Some examples of other activities include real estate, tourism, and entertainment.

In addition to the activities that are covered by the trade license, there are also a number of other requirements that businesses must meet in order to obtain a trade license in Dubai. These requirements include:

  1. Minimum capital requirement: The minimum capital requirement for a trade license varies depending on the type of license that is being applied for.
  2. Registered office: Businesses must have a registered office in Dubai.
  3. Board of directors: Businesses with more than 30 employees must have a board of directors.
  4. Employment visas: Businesses must obtain employment visas for their employees.
  5. Tax registration: Businesses must register with the tax authorities.

To obtain a trade license in Dubai, businesses must apply to the Department of Economic Development (DED). The application process can be complex, so it is recommended to use a business setup service like BizDaddy. BizDaddy can help businesses with the entire application process, from choosing the right business structure to submitting the application to the DED.