Universal Business Links Corporate Service Provider are one of the best business setup companies in Dubai and across UAE.
    • Universal Business Links - Dubai, UAE
    Added on 02 January 2020


    02 January 2020

    It is not a hectic task to start a firm in the UAE, being the business hub of the Middle East. But in order to initiate the process, one must have a valid trading license. A general trading license can be applied by a company if it wants to import, export or trade goods that can include accessories, electronics, clothes, etc. Even though it is a costlier process, still has its own advantage. After setting up a company in Dubai, the second important step to do is get a trading license.

    There are mainly three types of Trade Licenses in Dubai

    Commercial License

    Commercial licenses will be undertaken by companies doing trading activities. If you want to do trading outside UAE then you can form a company in the UAE free zone and get your commercial license.

    Industrial License

    Those companies having a physical office in Dubai will only be eligible to get an industrial license and these licenses are given to industrial or manufacturing companies only.

    Professional License

    Professional Licenses can be attained by having a local service agent but you will have 100% ownership of your business and its profits.

    Some of the advantages of having a Trade License in Dubai are:-

    The one having a trade license in the UAE has zero taxes to pay neither on profits, income or any other amount.
    With a trading license, one can do business in a national, local and international way.
    Those having a trading license don’t have to submit auditing reports to the government authorities. Thus avoiding the yearly auditing process.

    What are the documents needed to obtain the Trading License?

    With the signature of the company’s legal representative, a standard application form must be filled.
    Both the original and copy of the company’s statutory documents.
    Tenancy agreement
    DED letter approving company name and DED attestation letter approving the setup of the company
    Complete details and passport copies of shareholders.

    • 971 526318888
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    • P.O.Box : 91929 Old Labor Office Building, Office No: 309 In front of al Qiyadah Metro Station, Dubai-UAE


    We, at our business centers, provide the right guidance for complete office setup in all over UAE. Please visit our website now to view the list of business centers available in UAE. More
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