COMPANY LICENSE IN DUBAI
Dubai is a hub for businesses and entrepreneurs looking to establish their companies in the Middle East. To operate a business in Dubai, companies must obtain a company license from the Department of Economic Development (DED).
Types of Company License in Dubai
Commercial License: For companies engaged in trading activities, including buying and selling goods.
Professional License: Applicable to service-oriented businesses such as consultancy, law firms, and healthcare providers.
Industrial License: Issued to companies involved in manufacturing or industrial activities.
Tourism License: Designed for businesses in the tourism and travel sector, including travel agencies and tour operators.
Real Estate License: For companies involved in real estate activities, including buying, selling, and leasing properties.
Healthcare License: Required for businesses in the healthcare sector, including clinics, hospitals, and medical services.
Educational License: Issued to institutions engaged in educational activities, such as schools and training centers.
Media License: For companies involved in media-related activities, including publishing, broadcasting, and production.
Event Management License: Designed for companies engaged in organizing events, conferences, and exhibitions.
Import and Export License: For businesses involved in the import and export of goods.
How to Get a Company License in Dubai
To obtain a company license in Dubai, companies must follow these steps:
Companies must determine the type of business activity they wish to engage in and obtain the necessary approvals from the relevant authorities.
Companies must choose a business location and obtain the necessary approvals from the relevant authorities.
Companies must reserve a trade name for their business and obtain the necessary approvals from the DED.
Companies must submit the license application along with the required documents to the DED.
Once the application is approved, companies will receive their license from the DED.
Companies must determine the type of business activity they wish to engage in and obtain the necessary approvals from the relevant authorities.
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How to Renew a Company License in Dubai
To renew a company license in Dubai, companies must follow these steps:
Companies must check the renewal date of their license and submit the renewal application at least one month before the expiry date.
Companies must submit the renewal application along with the required documents to the DED.
Companies must pay the renewal fees to the DED.
Once the renewal application is approved, companies will receive their renewed license from the DED.
How to Modify a Company License
To modify a company license in Dubai, companies must follow these steps:
Companies must determine the type of modification they wish to make to their license and obtain the necessary approvals from the relevant authorities.
Companies must submit the modification application along with the required documents to the DED.
Companies must pay the modification fees to the DED.
Once the modification application is approved, companies will receive their modified license from the DED.
HOW TO CANCEL COMPANY LICENSE IN DUBAI
Cancelling a license in Dubai is a process that businesses may need to go through if they decide to cease operations or if they no longer require the license. Cancelling a license is an important step to ensure that the business is no longer liable for legal and financial obligations associated with the license.
Steps to Cancel a License in Dubai
Businesses must submit a request for cancellation of the license to the Department of Economic Development (DED).
Businesses must pay any outstanding fees or fines associated with the license before the cancellation application is processed.
If the business has any visas associated with the license, they must cancel them before the license can be cancelled.
The original license must be returned to the DED.
Businesses must obtain clearance certificates from various government authorities, including the Ministry of Labor and the General Directorate of Residency and Foreigners Affairs.
Businesses must obtain a no-objection certificate from the landlord of the business premises.
Once all the requirements are met, the DED will issue a confirmation of cancellation of the license.
Consequences of Not Cancelling a License
If a business does not cancel its license, it may be liable for legal and financial obligations associated with the license, such as fines, penalties, and legal action. The business may also face difficulties in obtaining new licenses or visas in the future.
Contact Justprobiz for your company License in Dubai
JustProBiz Documents Clearing Services is the only destination to get all the Company licensing services under one roof! At Justprobiz, our business setup consultants help you choose the right license for your business. We also make you understand the various process of getting a business license.
JustProBiz Documents Clearing Services also communicates with the Department of Economic Development (DED) for all your licensing processes and ensure you get every approval that is required for the business. We do not only help you get the business license but also renew it annually so that can save yourself from delays and penalties.Would you like to know more on business licensing in Dubai or anywhere across the UAE? Need to know the difference between licenses for mainland as well as free zone regions?
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Frequently Asked Questions (FAQ)
A remote work visa in Dubai allows individuals to live and work in Dubai while being employed by a company based outside the UAE.
There are three main types of company licenses in Dubai: commercial, professional, and industrial. Commercial licenses are for businesses engaged in trading activities, professional licenses are for service-based businesses, and industrial licenses are for manufacturing and production activities.
The general requirements include a completed application form, business plan, passport copies of shareholders, and a lease agreement for office space.
To obtain a company license in Dubai, you must first determine the type of license you need and then apply for it through the Department of Economic Development (DED) or the relevant free zone authority. The application process may vary depending on the type of license and the location of your business.
The validity period of a company license in Dubai is typically one year. However, some free zones offer licenses with longer validity periods.
Yes, foreign companies can apply for a license in Dubai. However, they may need to partner with a local sponsor or set up their business in a free zone.
Obtaining a company license in Dubai allows businesses to legally operate within the city and access the local market. It also provides various tax benefits, access to a skilled workforce, and a favorable business environment.
Yes, it is possible to apply for multiple business activities under one company license in Dubai, subject to the approval of the relevant authorities.
Yes, a company can have multiple licenses in Dubai. This may be necessary if the company wants to engage in different types of business activities.
Operating without a valid license in Dubai is illegal and can result in fines, closure of the business, and legal consequences. It is important to ensure that your company has a valid license at all times to avoid any legal issues.