Industrial License in Dubai

Industrial License in Dubai – Industrial licenses will be required by industrial and manufacturing companies to operate their businesses in the UAE. It is the Economics Development Department that issues industrial trade licenses. It is mandatory to obtain approvals and permissions from the Finance and Industry Ministry as well as other judiciaries. In the UAE, the validity of industrial licenses is for a specific period and subject to complying with the mentioned conditions during issuance. Industrial license cost in Dubai.

Organizations that alter raw materials or convert natural resources are issued an industrial trade license. Moreover, regarding appearance and structure, adjustments can be made to manufacture semi-manufactured, new, or fully manufactured items. These activities imply various processes such as production, accumulation, segregation, packaging, and more! Additionally, under the Industrial Trade License, companies must possess a physical warehouse within the country. For further details about the UAE industrial license, reach out to Blackswan BSS for assistance.

The Dubai Department of Economic Development (DED) stands as the primary authority responsible for issuing industrial licenses. Furthermore, specific ministries or the DM (Dubai Municipality) might require additional approvals, depending on the company’s activities. Furthermore, these supplementary authorizations play a crucial role in ensuring compliance and suitability for certain business operations. Companies operating in the financial segment, for example, will require approval from the Central Bank of the UAE. Also, enterprises dealing with insurance are required to address the Economy and Commerce Ministry to obtain a functioning license. The Health Ministry is another authority that can provide authorization for medical businesses and institutions within the pharmaceutical segment. Moreover, the company does require valid proof of having a physical office within the UAE for an industrial license. However, to obtain this approval, a virtual office cannot be considered a valid option.

Taking assistance from an experienced, certified, and reputed law firm to obtain an industrial license is a great idea instead of proceeding with the process on your own. Thus, it might only cause serious blunders, thereby calling for unwanted repercussions like rejection and even blacklisting. Additionally, does it make sense? Black Swan BSS will help in Industrial license application process.

Documents Required for Industrial License in Dubai – UAE

The given list of documents is to be submitted for the initial approval process when you are applying for an industrial license: –

• Partnership Contract (if a partnership firm)
• Copy of passport and residence in the case of non-citizens
• A detail report of factory
• An assessment of the practicality of a proposed plan or method
• Copy of Balance Sheet
• Copy of the trade license
• National Media Council Approval
• Ministry of Interior Approval
• Ministry of Health Approval
• Ministry of Environment and Water Approval
• Ministry of Interior Approval

How to Apply for Industrial License in Dubai – UAE

To get an industrial license, you have to get approval for the tenancy contract with the Dubai Municipality. Moreover, below is the list of documents that must be submitted: –

• Get approval from Dubai authorities before starting or making changes in the factory.
• After approval, apply for the industrial license at the DED.
• You will get an approval notification in 15 days.
• Get approval from the municipality to construct the factory.
• Get the approval status within 15 days after producing all the above documents.
• For a license, ensure to obtain approval from the Ministry of Health, while also seeking authorization from the Chamber of Commerce, and Industry and Industrial Register.

Advantages & Benefits of Industrial License

• Modern Industrial and Manufacturing Infrastructure
• Access to Global Customers
• Invite more investments
• Easy availability for the working class
• Availability of Resources and Manpower
• No corporate taxes or income taxation, thus ensuring no financial burden on the money you make.
• You can renew industrial trade licenses at an affordable cost.
• Zero tax when you carry out your business in free zones
• Industrial licensing is cost-effective.
• Generate more business opportunities.
• Safe and legal revenue transactions

Industrial Activities in UAE