Apply for initial approval along with the requisite documents. The Dubai Economic Department (DED) issues initial approval for commercial license. Additional approvals may be necessary according to the type of business activity. The official formalities for a commercial license are appended below.Ĭhoose the type and product of business you want to start in the UAE. Kiltons will help you to gain a uae commercial license without any complications and will aid you in setting up of business. Follow the procedure judiciously, submit all the documents and get the commercial license without any delay. The federal laws of the land are stringent for preventing illegal activities and unauthorized business activities. Meticulous compliance of formalities is vital for the smooth functioning of your business entity. And the sequence may vary depending upon the amendments in procedure from time to time. It may be noted that some steps have to be pursued simultaneously. The steps for obtaining a Dubai commercial license are elaborated in the subsequent paragraphs. Companies in the Free Zone, having commercial license, can repatriate 100% profit.Opening a corporate bank account is unfussy when the firm has commercial license in Dubai.The reporting of financial transactions, turnover, profit and losses is easier than other type of licenses.Commercial license permits companies to choose their location anywhere in Dubai.The business organization with commercial license is allowed for foreign commercial activities and trading.The company can seek for employment visas for recruiting foreign employees.Auditing is not mandatory for renewal of commercial license.Thus making optimum use of the markets across the country. The business entity can undertake trading in any region in the UAE.It allows the company to trade more than one product.The advantages of UAE commercial license are: The business firm issued with a commercial license is permitted to carry out varying activities. ![]() Moreover, the commercial license possesses several advantages. Obtaining a commercial license in Dubai is comparatively easier than many of the other types of business license.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |