If you want to open a commercial licence in Dubai so that you can establish your own company, then you are in the right place with Tasyeir Company, the leader in the field of administrative services, which helps you realise your investment project in the shortest possible time, as many businessmen seek to establish projects in Dubai. Especially the opening of investment companies, due to the many advantages that the emirate has that make it the first destination for investors around the world. Where the distinguished location, calm, political stability and continuous economic development. In addition to the stability of relations between it and all other countries. In addition to the facilities that the state provides to investors to extract procedures and help them work in an appropriate environment that helps them succeed.
Steps to open a commercial licence in Dubai
It is one of the most important procedures and basic steps to be approved by the state to open a company or carry out any commercial project within it.
However, some legal steps must first be taken before obtaining the commercial licence, which are as follows.
You must specify the activity you want to carry out:
This step clarifies the type of licence that will be obtained. And whether it is commercial, industrial, agricultural, craftsmanship, professional, or tourism. Based on the nature of the activity for your project. And it can be clarified that you can obtain a licence. Include more than one activity at the same time.
Determine the legal form:
It depends on the various business requirements. In addition to determining the laws and regulations to which the business must be subject.
The legal form must match the nature of the activity:
It is determined by heading to the country’s Department of Economic Development, and each emirate has its own department.
Reserving and registering a commercial name:
It is like a fingerprint, just as each of us has his own fingerprint; each project also has a name. That distinguishes its licence from others without repetition or similarity. It is obtained through the Department of Economic Development of the emirate to which the project is affiliated, and it is also available electronically.
Obtaining initial approval:
No project will be started without the government’s approval first, and there are some activities. That must obtain the approval of their affiliated entities before the government’s approval. Such as legal activities, related to security efforts, and the Commission for Commodities and Securities.
Drawing up a memorandum of association and local services agreement:
through the UAE courts or a notary public.
Choosing a location:
There must be a real address for the established commercial activity. And this location must comply with the requirements of the Department of Economic Development. In addition to the importance of having a lease contract for offices and warehouses, lease contracts are registered through Ejari offices.
Additional government approvals:
Each project has a nature that applies to a specific government body from which approval must be obtained.
For example, the Ministry of Interior issues approvals for public transportation services. The Ministry of Justice approves legal activities, and so on.
This is the last step before opening a commercial licence in Dubai.
How do I obtain a commercial licence in Dubai?
This step takes place after completing the previous steps. And it can be obtained from the service provision centres affiliated with the economy. And also through the electronic services affiliated with this department.
In order to extract it, the following documents must be available.
Initial approval receipt, and all documents previously submitted.
- A copy of the notarized lease contract.
- As well as, Memorandum of Association.
- Approval of other government agencies.
- A certified appointment contract for a service agent or company agent.
You need to complete all these procedures first before starting the project.
Tasyeir provides every investor with all administrative services and facilitates all steps to open the company, including opening a commercial licence in Dubai easily and conveniently.
It helps in preparing all the necessary documents to obtain initial approval for the project, in cooperation with the relevant authorities.
It also makes it easier for you to obtain the commercial register. In addition to clearing residency procedures for the investor and his family if he is a foreigner.
As it has a distinguished work team that performs its tasks to the fullest extent so that you can obtain your commercial licence to carry out your project and begin the journey of success.
What are the types of commercial licences in Dubai?
The Emirate of Dubai is the first destination for Arab and foreign investors because it is characterised by a suitable environment for carrying out various projects. In addition to the facilities that the state provides to investors from their beginning until they reach the highest peaks of success.
Starting with the project procedures, obtaining the commercial licence, reducing tax values, and facilitating the residency steps.
If you want to open a commercial licence in Dubai, you must first know that there are many types within Dubai, from which you can choose what suits the nature of your project, including:
- General commercial licence: helps you carry out any commercial project with complete freedom.
- Event organising licence: This is for organising parties and meetings. In addition to allowing the holding of conferences and exhibitions.
- As well as, commercial licence: enables you to practise various commercial activities such as sales and distribution. In addition to import and export, etc., which are determined according to the established project.
- Professional licence: It specifies activities, and no other activities will be permitted.
- Business operating permit: This is a permit that must be obtained when obtaining a lease contract, or when working in the free zone.
If the nature of the commercial activity that you carry out is outside these types of licences. You must go to the Department of Economic Development to classify your activity. As the type of licence is related to the nature and type of commercial activity.
When more than one type of activity is combined within one licence, the largest activity is taken into account.
Where it is arranged like this; Industrial, then commercial, the professional. When more than one activity is combined in one licence, which is classified according to the largest activity.
Dubai commercial licence without sponsor
The state is making many efforts to provide all services and facilities to its foreign investors, including opening a commercial licence in Dubai without a sponsor. In order to carry out investment activities in a better way, from the beginning of the project until reaching the usual success.
Tasyeir Company facilitates all procedures for obtaining a commercial license without a sponsor. So that the investor can have 100 % full ownership of his company within the emirate without the need for an Emirati partner, as was the case in the past.
But it will not be extracted until after completion of some procedures that the Tasyeir company provides to its investor clients.
Obtaining a commercial licence is the most important step in approving commercial activity by the UAE government. And once it is obtained, you can practise your activity successfully and with complete freedom.
Based on what was mentioned previously, one of the easiest ways is to obtain approval to undertake a project and open a company. And take your hand towards the path of investment success. And the ability to compete among major investors inside and outside the country. There are also many types of commercial licences, which are chosen based on the nature of the commercial activity undertaken. The licence must be proportional to the nature of the project.
Tasyeir company supports you in all investment steps
Opening a commercial licence in Dubai is one of the most important steps that enable you to carry out your project legally. But it is preceded by many steps that must be taken and which the Tasyeir Company provides you with all its procedures in cooperation with all relevant government agencies, and cost of commercial license.
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