Getting a Commercial Trade License in Dubai, UAE
A Commercial Trading business can be initiated in UAE with a Trading license which is issued based on the activity of business. Businesses involved with the trade of Goods, Commodities and in some cases, services can be granted a Commercial trade license.
A Commercial Trade License is required for categories including Real Estate Businesses or Companies, Retail sector, Construction etc. General trading Businesses and Businesses Involved with Transportation and Logistics need a Commercial Trade License to operate.
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Commercial trade applicant can avail various benefits some of them are as follow:
- Multiple choice among types of companies
- Multiple activities in one commercial trade license.
- Secure business engagements with Companies Register & DED.
- Own visas, licenses, Labour Qouta, translation services, etc.
- Assisting with the opening of corporate bank accounts.
- No corporate taxes, no income taxation & simplified financial reporting system.
- Cost-effective ways of renewal for commercial trade licenses in the UAE.