Which Documents do you require to obtain a Trade License in Dubai?
While issuing a trade license for your company in Dubai, you need to show the following documents to the Trade License and Commercial Registration Department within the DED –-
An application form which needs to be filled out by the company’s legal representative
-
Statutory document issued in the original and copies
-
The approval letter issued by the DED for the company’s setup
-
The approval letter issued by the DED for the company’s name
-
Details of all the shareholders of the company
-
The tenancy agreement
Besides these, if there are any other agreements or documents required, it will be suggested by the DED itself.
What are the Advantages of Obtaining a Trade License in Dubai?
Since a host of licensing options are available for your company set up in Dubai, the below-mentioned factors suggest why it is beneficial to obtain a trade license for your business –
-
A trade license requires hassle-free paperwork and limited documents for issuing. Further, the general span within which it gets issues is 4-5 days
-
Trade licenses can be issued for a cheap cost. It usually ranges between 30,000 and 40,000 AED
-
It allows local companies in Dubai to trade into the national and international spheres as well
-
If you are a foreign national wishing to set up a holding company in Dubai, obtaining a trade license will take you one step further towards that goal
Comment