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Businesses from all over the world can find great business opportunities in Dubai. It has two main kinds of business zones: the mainland zone and the free zone. In the mainland business zones, only a part of the business can be owned by the owner, and there are other licencing rules as well. In the next post, we’ll talk about how to get a business license in Dubai right away. The instant trade license is given to the business owner as soon as the application is submitted. This makes it easy to start a business quickly. Find out everything you need to do to get a business license right away in Dubai. Blackswan BSS can help you in step by step for Trade License in Dubai.
Let’s start by talking about what a business license is and how quickly you can get one in Dubai.
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You can get a professional or business license in Dubai right away if you use the instant license services. With the instant trade license, business people can start their businesses on the mainland quickly and with little paperwork. The Instant License Dubai is so easy that the whole process can be done online in as little as five minutes.
For the first year, this license doesn’t even need the rental agreement and/or Memorandum of Association (MOA). After the business license has been renewed, these documents can be sent in by the business owners.
The normal business license could take up to two or three days. In Dubai, it might only take five minutes to get an instant license. The requirements for an instant license are much less than those for a regular license. Since the instant trade license is given out on the same day, business owners can set up business in Dubai. In turn, this makes it easier for people to do business in Dubai.
After getting a Trade License in Dubai , business owners can start running their businesses right away. The documentation process is also easier with an instant license. During the first year of business, the business owners don’t have to register their trade name. The process of applying is very simple. This can be done either online or in person.
Getting a UAE Mainland Trade License is usually a long process that can take anywhere from one to three months or more, depending on the services the company offers, the time it takes to prepare documents, and the needs of the business.
With an instant license, you don’t have to sign a lease for twelve months. This lets investors get into the market for less money and check out the business market before spending a lot of money.
Before a license can be used for certain activities, it is quickly taken away by the trade name and the first approval step.
The license for instant trade is given for the following business domains:
Anyone can ask for an instant license, not just public or private companies with shares. This includes general trading companies. With an instant license, you can set up a Limited Liability Company (with multiple shareholders), a Single Limited Liability Company (with just one shareholder), a sole proprietorship, or a civil company.
Foreign shareholders can only apply for an instant license if they have a valid UAE Residence Visa and Emirates ID. To finish the online application process, they also need to apply for a UAE Smart Pass.
Like any other license, the documents you need to get an instant license depend on the type of business you run. Some Businesses require less documents for obtaining instant license. While others need much less proof.
You can apply for an instant license through one of two ways:
If you apply for an account through the DED e-Services platform, you only need your original ID to create an account.
If you apply at one of the Happiness lounges, Smart lounges, or Service Centres. These are the papers you need:
In the first year, the applicant must give a voucher worth AED 250.
If you want to get a license to work in the mainland zone, you need a sponsor who charges an extra fee.
How to get an instant business license in Dubai, step by step:
As the most developed, diverse, and expanded region in the UAE, it has a lot of business opportunities. It’s no surprise that Dubai attracts thousands of foreign businessmen and international investors every year to set up their businesses there.
After getting an instant trade license in Dubai, you can trade and do business in Dubai, United Arab Emirates.
You can go to the official websites of the DED and the Dubai Government to find out more and sign up.
Contact Black Swan team if you find difficult in getting Trade License in Dubai
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