How to get Instant Trade License in Dubai UAE

DMCC is the centre of Global Trade. They are for investors and entrepreneurs who like to expand in the Middle East region. They offer different kinds of licenses for sectors of commodities, diamond, trading activities, gold, steel and precious stones. Looking for company incorporation in DMCC Free zone Dubai ? Blackswan swan can help you in Company registration in DMCC . You can read the step by step process involved in setting up of business & company formation in DMCC.

Dubai is considered as the preferred destination for the global commodities trade, also DMCC is the world’s number one free zone.

Table of Contents

Type of Licenses Available in DMCC

Service License– permits service providers production, transformation, re-production and distribution of services.
Industrial License– licensee can import raw materials, manufacture, production, package, and export.
General Trading License– AED of 1 million share capital is needed, who like to export, import, distribute, and warehouse goods.
Trading License– export, import, consolidate, distribute,warehouse and storage of goods.

Cost Of Licenses in DMCC

Starting prices:

Trading & Service License- AED 20, 265
Business Center- AED 50, 265
General Trading License- AED 50, 265

Documents Required to Setup Business in DMCC

Submit the Initial Inquiry with DMCC
Set up username and password (portal registration)
Upload documents through DMCC portal (application for activity, name, and get CID approval)
Verify uploaded documents and for pre-approval
Submit original documents and payment of license fees, registration and MoA
Verify attested or original documents for company registration
Bank Account Opening Letter and issuance of provisional approval
Licensing
Issuance of corporate documents and license
Post-licensing requirements

Output

Trade License
Articles Of Association
Certificate Of Registration
Share Certificate
Memorandum Of Association

Visa Procedure in DMCC Free Zone

Application for Entry Permit or Employment Visa
Deposit a fund if the portal account is active (visa fees and bank guarantee)
The company should initiate the EVEP application online and upload the requirements.

Applicant- share certificate, passport, colored photo, information like religion, mother’s name, civil status, father’s name, place of birth, contact number, home country address, and educational attainment.

Company- the copy of company trade license.

Issuance and approval of EVEP valid for 60 days
Applicant’s entry in the UAE before the visa expiration
Medical exam by an accredited government
Submit the requirements for visa processing

Applicant- passport, passport sized colored photos, EVEP (employment visa entry permit), medical report, educational certificate notarized by the notary public, new employment contract form, and emirates ID application form with EIDA stamp.

Company- Original license, share certificate, residence visa stamping, and personnel secondment agreement.