Benefits of getting a trading license in Dubai

Introduction

Benefits of getting a trading license in Dubai : Dubai has always been an important centre for international trade due to its strategic location. The economic boom has led to a phenomenal rise in trade activities & today, there is quite a huge market in Dubai for all types of products.

As per Dubai rules, it is mandatory to acquire a trading license in Dubai if you wish to import, manufacture, distribute and re-export any product in Dubai. A general trading license as such, deals with trading of most of the products that are used in any market apart from products like Medical equipment, Alcohol, etc. As most of general items need only a general trading license getting it is quite expensive as compared to other trading licenses. But certainly, worth its cost! Blackswan BSS can help you in step by step for trading license in Dubai.

Advantages of the general trading license.

Local and international trade

Traders have the option to import or manufacture all the goods mentioned in the general trading license. They can either distribute these products in the local Dubai market or export manufactured goods or re-export (imported goods) in the country of their choice. Utilizing the tax-free economy, cheap labour and other incentives proffered by the Government of Dubai these traders stand to gain a huge profit in their trade.

Tax free benefits

Various goods that come under general trade license are almost tax free and manufacturing of these products is possible at minimum costs deriving a huge profit for traders.

Large number of products

Almost all the goods allowed in Dubai are registered under general trading license apart from few specific products or sensitive materials. Hence trading a large number of products comes under a single license, getting the general trade license will provide continuous benefits for years to come.

Simple process

Obtaining a general trading license in Dubai is an easy process as compared to several other types of licenses. You can obtain it in just 1 week from the Department of Economic Development, DED after submitting the required documents. You can start your business in Dubai mainland, free zones or any other part of UAE after that. View process General Trading License in Dubai

Traders can save on annual auditing as there is no need to submit auditing report in Dubai (and UAE) once you have the license in possession.

Easy sponsoring of dependents

The trading license makes it easier for investors to apply visas for their employees & dependents. These traders can sponsor their dependents & they can acquire UAE Visa quite -hassle free.

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Originally posted 2021-09-29 11:33:14.