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The United Arab Emirates starts up a business during the uncertain rideโ states that, The startups who initiated from scratch. Breaks down, a piece of the bigger puzzle for determining the right type of license for the business registration. The United Arab Emirates is divided into two major licensing Authorities like Dubai Free Zone and Dubai Mainland where an administrator has their tariffs, standards and requirements. Even when these two differ on a few points, they usually adhere to the same directive for the license categories.
The licenses in UAE are classified under four types; Commercial, Professional, Industrial and Tourism.
The Professional License gets acquired by businesses or companies that are service-oriented. Some activities like IT Services, Consulting, Events Management, Restaurants, and other skilled focused activities fall under these categories.
The Commercial License in Dubai can be used for firms engaged in selling and trading goods, commodities and products. The Specific and General Traders fall under this category. General Trading, Garments Trading, Food, and Beverage trading are samples of these activities.
The Industrial License in Dubai has been issued to companies that manufacture foods and other kinds of light and heavy goods and for the industrial works that are highly regulated by the relevant authorities.
The Tourism License is given only to companies who practice tourism activities. Some businesses like Travel Agency, Tour Operators and Hotels hold this type of license.
The above mentioned are only surface information for the types of licenses. This can vary for activities with special conditions and approvals. To get a more detailed discussion and complete advisory, it is suggested to seek help from the Business Experts.
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Originally posted 2021-09-29 07:01:00.