General Trading License is one of the most demanding and widely used trade licenses in Dubai and across the UAE. Companies wishing to import, trade, and export goods and products such as food, furniture, electronics, or clothes must apply for a general trading license. This allows businesses to trade not only locally within the UAE but also with markets around the world.
Scope of General Trading License in UAE?
In practical terms, that means a business could import, export, and trade any number of products – such as cosmetics, building materials, and toys – all under the same license. And the best part is, applying for a general trading license in Dubai and the UAE is extremely straightforward. Within these broad categories are a range of specific license types. Businesses trading many goods would be suited to a type of commercial license known as a general trading license. A general trading company is not restricted to any singular trade activity. It can operate across business activities as diverse as machinery and chemicals to real estate and foodstuff.
Steps in getting the General Trading License in Dubai?
To get a general Trading license in Dubai follows the below steps:
Decide on a Trade name related to your Business.
Choose a Business Activity.
Apply for the Initial approval.
Draft Memorandum of Association.
Choose the Perfect location for your business in Dubai.
Pay and collect your License.
Documents Required for Acquiring the General Trading License in Dubai
Signed and duly filled General Trading License application by the investor/manager
Memorandum of Association, Shareholder agreement, other required documents
Attested Trade Name Approval Letter from the Dubai Economy or the respective Free zone authority
Can become a vendor in e-commerce platform like Amazon
No restrictions on the number of activities or products undertaken under one license.
Wide scope of business without restriction on distribution
Get the license from the country of residence without traveling to UAE
Cost of getting General Trading License in Dubai
The cost involved in AED
Trade name
735
Initial Approval
110
MOA Drafting
250 (if more than 1 shareholder)
License Fees
25000
Trade name Charges (Foreign Language)
2000
Office
Optional
General trading license from UAE Free Zone
There are almost 40+ Free Zones in the UAE, general trading is one of the most sought-after license types by investors in the UAE. Taking a General Trading License Package from a Free Zone has its obvious benefits such as 100 % foreign ownership, no import duty for imports to the Free Zone, access to world-class office, logistics, and warehouse facilities, and more.
Why Apply for a General trading License in UAE?
If you want to apply for the general trading license here are some important points you should know to get started with the process.
Business set up can be done with several shareholders
There is a low barrier to entry of the business
It's easy to get the dependents family visas
How Danburite will assist you?
Danburite Corporate is specialized in LLC Company Formation in the Mainland as well as Free zones of UAE. Our expert Business Consultants will guide you throughout the company formation process and ensure you obtain the General Trading License in Dubai in the most seamless way as it can be an immense advantage to a businessman. Once you decide to set up a company in Dubai. You must go through all the rules, regulations, and procedures before making a decision. Danburite Corporate has expert advisors who will provide you with the right company formation package based on your business requirements. Send us the documents online and we will register the company for you remotely.
So, if you are looking to set up a business in Dubai then reach out to our experts to know more about obtaining a General Trading License in Dubai.
Frequently Asked Questions (FAQs)
1 . Which is the cheapest Free zone in UAE?
Ajman Media City is the cheapest free zone in UAE. It offers investors a range of business activities and business license types at the lowest cost. The Ajman Media City has various office types -shared, customized, Flexi-desk, etc., with and world-class infrastructure.
2 . How can I get a UAE Free zone Visa?
Step 1: Register for E-Channel services Step 2: Entry permit Step 3: Status change Step 4: Medical fitness test and Emirates ID registration Step 5: Residence visa stamping
3 . Which Free zone is best in UAE?
1) Jebel Ali Free Zone Authority (JAFZA) 2) Dubai Multi Commodities Centre (DMCC) 3) International Free Zone Authority (IFZA) 4) Fujairah Creative City Free Zone 5) Sharjah Media City Free Zone (Shams) 6) Sharjah Publishing City Free Zone (SPCFZ) 7) Ras Al Khaimah Economic Zone (RAKEZ)
4 . How can I get online selling permit in Dubai?
1) Decide a Legal Structure for your Business. 2) Choose a location. 3) Register a Trade Name. 4) Apply for a License. 5) Apply for an Initial Approval Certificate. 6) Draft an MOA and Local Service Agent Agreement. 7) Register a Physical Office in Dubai. 8) Final Approval of the License.
The UAE's Green Visa offers holders the chance to sponsor themselves for five years, providing unprecedented independence and freedom. It eliminates the need for relying on a UAE national or employer for sponsorship. With this visa, residents can immerse themselves in UAE's culture while contributing to its growth. The Green Visa supports s
In the United Arab Emirates (UAE), every company needs a skilled Government Liaison Officer, commonly known as a Public Relations Officer or PRO. These professionals handle various responsibilities related to government documents, including visa applications, labor cards, and trade licenses. The PRO's role is crucial for understanding UAE's
In the UAE, companies may choose to liquidate for various reasons, such as financial difficulties, insolvency, strategic changes, mergers, shareholder disputes, regulatory compliance issues, or project completion. It is crucial to consider these factors and seek legal and financial advice to comply with laws and protect stakeholders' interests.
The Involuntary Loss of Employment (ILOE) Scheme is a program established under Federal Decree-Law No. 13 of 2022. Its purpose is to offer support and financial protection to individuals who have faced involuntary termination from their employment. This scheme specifically targets cases where employees are terminated for reasons unrelated to discip
What is Corporate Tax? And what is its role and impact to a country?
Corporate tax is a tax imposed on the profits earned by corporations or businesses. It is a direct tax levied by governments on the income generated by companies from their operations, investments, and other business activities. Corporate tax rates and regulations vary across cou
Foreign investors who acquire real estate in Dubai worth a minimum of AED 2 million can now apply for a 10-year Golden Visa, a remarkable opportunity provided by the DLD. This initiative has been implemented to encourage more investments in the Dubai property market and boost the economy.
The Golden Visa is an excellent opportunity for those
Here's what you need to know about it.
As is commonly understood, a Golden Visa is a residency permit valid for 5 or 10 years, that confers various advantages, such as the ability to reside and work in the UAE for a prolonged period, without the requirement of a local sponsor or employer. A Golden Visa presents investment prospects, elev
The UAE has made significant progress in promoting female entrepreneurship over the years. In the UAE, 77.6% of women-owned businesses (WOB) are run by people under the age of 40, according to a recent survey by NAMA Women Advancement in collaboration with UN Women.
The results of this study were published in the book "Women-Owned Businesse
According to E-commerce DB, the United Arab Emirates is the 28th largest market for e-commerce with an expected revenue of USD 11,782.3 million by 2023. E-commerce has helped many businesses gain access to the world market, allowing small businesses to expand their reach.
Setting up an e-commerce business has numerous benefits. Not only does it
CORPORATE BANKING
Opening a bank account for your company has many advantages. It contributes to the improvement of the company’s credibility, improves the financial management of the company, and offers protection for business funds, creating easier financial transactions. Clients of the company will feel reassured about its legitimacy, a
The United Arab Emirates mesmerizes with its incredible scenic beauty and unmatched modern infrastructure! It is impossible to believe it was once a vast desert with no amenities or life. However, the gracious rulers of the region had the vision and foresight to turn around the fortunes and make UAE a powerful and modern nation highly respected tod
The United Arab Emirates (UAE) offers a Golden Visa program for investors, entrepreneurs, and talented individuals looking to live and work in the country. This program grants long-term residency to individuals who make significant investments in the UAE, allowing them to stay in the country for up to 10 years and potentially even apply for citizen
The United Arab Emirates (UAE) has constantly been leveraging its limit to broaden the business scope. The Emirati Government's visionary leadership has aided in transforming the concept of business incorporation. Various segments and dedicated regions have been developed across the UAE to focus on specific business industries. Because petroleu
Business in the United Arab Emirates (UAE) has been growing to make many ex-pats into Business entrepreneurs. The investor-friendly regime has ensured that Dubai, Abu Dubai, and other emirates in the country are fertile for the growth and development of businesses. Consequently, the UAE witnesses one of the pinnacle enterprise locations around the
The idea of setting up a business in Dubai can be a lucrative opportunity for a company to broaden its reach and establish a reputable brand name internationally. You can benefit from Dubai's cutting-edge infrastructure, strategic location, easy access to nearby markets, and world-class connectivity whether you're a small, medium, or large
Dubai has been the flag-bearer of the United Arab Emirates's global progress for quite some time. The city provides expanding economic opportunities, diverse business start-ups, and investor-friendly policies to entrepreneurs from all over the world. Before you start forming your company, you must decide which free zone you want to operate in.
The United Arab Emirates (UAE) continues to attract more businesses around the world due to its strategic locations and business-friendly ambiance. To set up a business in Dubai legal procedures and documentation must be followed for ensuring the Legal Setup of your Business in Dubai. Once you've completed all of your legal procedures, starting
A business setup in Dubai can be a lucrative opportunity to expand the company's reach internationally and establish a reputable brand name. Whether you're a small, medium, or large business, you can take advantage of Dubai's cutting-edge infrastructure, strategic location, easy access to nearby markets, superior connectivity that makes
Trading is one of the most critical industries in the United Arab Emirates (UAE). According to new data, the UAE is the world's 25th largest exporter in the world. before that, we must see the trend. In 2014, Dubai was ranked first for airport connections to business districts and fifth for the most affordable city, making it a global 'City
The United Arab Emirates is one of the top trade and commerce destinations in the world. Authorities of Dubai have taken certain measures to boost the trade and commerce activities in the country to make the business hub of global trade. It has persistently seen trade and commerce growth in the past few years and it is continuing to do so. With a b