A commercial activity license is issued to a company when it is involved in commercial trading activity or trading specific to any goods. The General and specialized traders can avail a commercial license in UAE. Apart from this, real estate related activities, retail companies, construction companies, sale of goods and products also falls under the commercial trade licenses category.
Our experienced company formation specialists advise clients on the best jurisdiction and activities which suits their business requirements taking into consideration your present and future objectives, with the aim to help you in obtaining your overall goals.
Requirements for getting Commercial License in Dubai
There are some specific requirements to apply to get a business license in Dubai. The investor must choose the form of business to be registered in Dubai and obtain the initial approval. Thereafter the parties can finalize and execute the company’s Memorandum of Association. On submission of the final set of required documents and on approval from the Department of Economic Development, the license will be issued. As per UAE Commercial Companies Law, it is mandatory for a UAE National to hold a minimum of 51% shares in a limited liability company in the event a non-GCC National participates as a shareholder. Based on these documents and activity, the final license is issued by the Dераrtmеnt оf Eсоnоmіс Development.