On this article, you’ll find comprehensive details outlining the fundamental procedures involved in initiating a business within a Dubai free zone. These steps encompass crucial decisions such as identifying the most suitable legal entity for your venture and meticulously selecting an appropriate trade name.
If you’re considering establishing a trading business in Dubai, securing a trade license is your initial step. But what exactly does a UAE trade license entail, and how can you acquire one? This blog will furnish you with all the necessary information regarding obtaining a trade license in the UAE.
Dubai trade licenses offer considerable flexibility, enabling you to engage in a wide array of goods and services. For entrepreneurs identifying market gaps, a general trade license serves as an excellent starting point. Here’s a comprehensive guide to obtaining a UAE trade license in 2024.
Understanding Trade Licenses in Dubai, UAE
Issued by the Free Zone authority, a trade license in the UAE delineates the activities a company is authorized to conduct within the country. With a a commercial license, various activities can be conducted in Dubai, including importing, exporting, providing services and consultancy.
Types of Trade Licenses in UAE
Several types of trade licenses are available in Dubai, catering to diverse business activities:
- UAE Trading License: Suited for companies involved in trading goods and commodities, encompassing import-export businesses.
- Industrial License: Designed for companies engaged in manufacturing activities within the UAE.
- Professional License: Targeted at individuals with specific professions such as consultancy, IT services, medical services, and more.
- Freelance License: Tailored for freelancers, facilitating their business operations within the UAE.
Costs Associated with Trade Licenses in IFZA Free Zone Dubaï
The precise cost of obtaining a trade license in the UAE varies based on multiple factors, including your business nature, traded goods, number of employees, and visa requirements. At IFZA Free Zone, the cost with ZERO visa eligibility starts from AED 12,900. The cost of each visa quota is AED 2,000 and you can get up to 4 visas without having a physical office.
- Residence visa cost: AED 3,750
- Establishment Card | Immigration Card: AED 1,600
- Change of status: AED 1,600
- Visa quota: AED 2,000
- Amendment of trade license: AED 2,000 / change
To get the full pricing details of IFZA Free Zone, please contact us.
Benefits of Acquiring a Trade License in IFZA Free Zone
IFZA Free Zone trade licenses offer numerous advantages, attracting a multitude of companies to establish their presence in the region:
- Facilitate Local and International Trade: Trading licenses open avenues for manufacturing, importing, and exporting goods, allowing businesses to tap into local and international markets.
- Enhance Credibility: Adhering to legal frameworks enhances a business’s credibility, fostering trust among customers and stakeholders.
- Tax Benefits: Dubai’s business-friendly environment offers tax advantages, with minimal trade restrictions facilitating smoother business operations.
- Simplified and remote Setup: Obtaining a IFZA trade license is swift and efficient, with streamlined procedures in free zones and mainland Dubai, saving time and effort on bureaucratic processes.
Documents Required for Obtaining Your UAE Trade License
To acquire a UAE trade license, you’ll need to compile essential documents, including:
- Completed application form with the business activity and structure details.
- Copies of passport and passport-sized photos.
- Copy of residence visa (if applicable).
- Emirates ID copy (if applicable).
- Proof of address
- Contact details form.
Renewal of Trade License in Dubai, UAE
Upon establishing your business in Dubai, it’s essential to renew your trade license annually to ensure uninterrupted business operations across the UAE and globally. The renewal process, managed by the relevant Free Zone Authority to ensures compliance with legal requirements, enabling seamless business continuation.
Commence the renewal process a few days before your license expiration to understand application details and renewal fees, maintaining your business’s legal status and operational continuity.
Why Choose IFZA Free Zone
Strategically located in Dubai Silicon Oasis, adjacent to Dubai Digital Park and 15 min away from Dubai International Airport. IFZA Free Zone provides an ideal launchpad for your trading business in Dubai, UAE. Boasting excellent connectivity within the UAE and globally,
Moreover, our Business Setup Consultant offer extensive support throughout your Dubai trade license registration with IFZA Free Zone, Additionally, our PRO team will support you in terms of drafting of your business Plans, Obtain your trade license within 3 days, apply for residence visa and open your bank account
FreeZoneMarket.ae Powered by FZM Solutions DMCC Team will support you with everything needed for seamless business setup in Dubai. Contact us today to acquire your UAE trade license and embark on your trading journey hassle-free.
FAQ: IFZA Free Zone
What promotions does IFZA offer?
> IFZA frequently introduces new promotions to enhance business opportunities. For the latest updates on promotions, please reach out to us for more information on info@FreeZoneMarket.ae or WhatsApp: +971 52 104 6088
Does IFZA recognize e-commerce as a separate activity?
> Yes, IFZA categorize e-commerce as a distinct business activity.
What are the available Business License Packages in IFZA?
> IFZA provides Business License Packages ranging from zero visa packages up to 6 visa packages.
What is the cost of an IFZA license?
> The cost of acquiring an IFZA license begins at AED 12,900 for business setup, and 1 visa package eligibility at AED 14,900.
What are the requirements for obtaining a visa for employees in IFZA?
> To obtain a visa for employees in IFZA, the necessary prerequisites include securing visa quota, a residency visa, a work permit, a health card, and an Emirates ID. to get a an accurate cost of Employee visa, please contact our team at info@FreeZoneMarket.ae.
What are the unique features of IFZA?
> IFZA stands as the International Free Zone Authority, emphasizing a business-to-business (B2B) focus within the UAE. Noteworthy features include exemption from annual audit report submissions, provision of up to 2 years of visas for owners and employees, and flexibility in company formation without the necessity of the investor’s physical presence.
What is IFZA in Dubai and how does it work?
> IFZA, located in Dubai, serves as a premier business destination offering an array of advantages for entrepreneurs and investors alike. As a dynamic platform, IFZA facilitates business operations and connections both locally and internationally. It functions as an autonomous regulatory and economic zone within Dubai’s vibrant business landscape.
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