GENERAL TRADING LICENSE IN UAE
Welcome to our platform dedicated to providing information and Business Consultancy on General Trading license in the UAE. A General Trading License enables entrepreneurs to engage in multiple business activities in the UAE, including importing and exporting goods and trading various products. With its strategic location, infrastructure, and robust regulatory environment, the UAE offers excellent business opportunities to thrive.
Obtaining a General Trading License is essential if you’re planning to start a business in the UAE. Our platform provides comprehensive information to help you understand the benefits of obtaining a General Trading License and how to proceed.
SCOPE OF GENERAL TRADING LICENSE IN UAE
- A general trading license in Dubai allows companies to trade various goods and services, except those that are prohibited.
- Companies can import and export products, engage in wholesale and retail activities, and sell online with this license.
- The license does not allow for manufacturing activities.
- A company with a physical presence in Dubai can obtain the license.
- Additional permits may be required for specific products trading.
- Companies with a general trading license must comply with regulations and requirements such as VAT registration and annual financial reporting.
- A general trading license can be valuable for expanding business operations in Dubai and beyond.
Looking to start your business in Dubai and get a General Trading License? Contact us today to learn more!
Types of General Trading Licenses in UAE
- A mainland general trading license allows companies to trade in a wide range of products locally and globally.
- The license excludes oil and gas-related activities but permits all other general trading activities.
- It can be easier to open a bank account for a mainland company with this license.
- Companies with this license are subject to Dubai's regulations and compliance requirements, including VAT registration and annual financial reporting.
- Free zone trading allows companies to trade globally while operating their financials in Dubai, offering tax exemptions and other benefits.
- A different regulatory framework governs companies in free zones and may have additional requirements and restrictions than mainland companies.
Process of Obtaining a General Trading License in UAE
Decide on the type of license you need
Choose a business activity
Reserve a trading name
Apply for a license with the relevant licensing authority
Submit the necessary documentation
Pay the required fees
Obtain your General Trading License
Documents Required for Obtaining a General Trading License in UAE
Activate UAE Pass
Obtain Initial Approval
Reserve Trade Name
MOA’s signature
Acquire Office Ejari
License Issuance
A copy of your passport
A copy of your UAE visa page or a copy of your visit visa if you have ever visited UAE
A photograph with a white background
Benefits of obtaining a General Trading License from Mainland
Low 5% VAT advantage
Trade in all products
Local market participation
Easy LLC company formation
Simple sponsor acquisition
Easy employee visa availability
Multi-currency banking convenience
100% profit and capital repatriation
Additional Dubai mainland benefits
Benefits of obtaining a General Trading License from Freezone
100% expatriate ownership of the business
Total control over the business operations
No activity fee
No connection to the labor department
100% repatriation of profits
Eligibility to obtain a Tax Residency Certificate
Customs duty exemption
Buy an Existing General Trading License in Dubai
Benefits of Buying a General Trading License
- When you buy an existing General Trading License, you skip the time-consuming process of obtaining a new one, which can take time.
- Additionally, purchasing a current license can provide you with access to established business relationships, an existing customer base, and a proven track record of success.
Process of Buying a Existing General Trading License
- Reach out to inquire about obtaining the Existing General Trading License from us.
- Make a payment to obtain an existing license.
- For any amendments, name changes, or partner removal/addition, follow the guidelines of our professionals.
- In case of an ownership transfer, ensure to sign the MOA.
- Provide Ejari if the existing license is expired.
- Submit all the documents to the government.
- The government Department of Economic Development (DED) will issue the voucher.
- Receive the license upon completion of the process.
Why Choose General Trade License in Dubai?
Looking for a reliable partner to help you navigate the complexities of doing business in the UAE? Look no further than General Trade License in Dubai. Our team of experts can help you obtain your general trading license, comply with local regulations, and maximize your business potential in the UAE. Contact us today to learn more.
FAQ's
A general trading license in Dubai allows companies to engage in a wide range of trading activities, including the import, export, and distribution of various goods within and outside UAE.
The cost of a general trading license in Dubai can vary depending on several factors, such as the type of business, the scope of activities, and the specific requirements set by the Dubai Department of Economic Development (DED). It is recommended to consult with business setup consultant like HA Group for accurate cost details.
Yes, there are options for obtaining a general trading license at a relatively lower cost. It is advisable to explore free zones or consult with business setup experts who can provide information on the cheapest general trading license options available in the UAE.
A general trading license in Dubai enables individuals or companies to engage in a wide range of trading activities, including but not limited to importing, exporting, distributing, and re-exporting various goods. However, specific activities may vary based on the terms and conditions set by the DED.
Yes, it is possible to purchase a general trading license in Dubai from existing license holders. However, it is crucial to ensure that the transfer of ownership and license complies with all legal requirements and regulations set by the DED and other relevant authorities.
The process for obtaining a general trading LLC license in Dubai involves several steps, such as choosing a business name, submitting the necessary documents, fulfilling the legal requirements, and obtaining approvals from the DED. It is advisable to seek guidance from business setup consultants like HA Group who can assist you throughout the process.
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