If you’re a businessman and planning to setup a trading company in Dubai, you have to obtain a general trading license in Dubai, UAE as part of the business setup in UAE. A general trading license allows companies in Dubai to carry out all of their trading activities under one trade license. With this trade license, your business setup in dubai/UAE could become a key player to support businesses with necessary goods across the UAE.
You can trade just about everything under one trade license – especially if you want to get into the general goods supply startup business in the UAE. A general trading license in Dubai/UAE will allow you to trade all sort of goods, such as clothing, accessories, and electronics, food products, – to list just a few examples.
In a general trading license, there is no such requirement that goods be related to each other, so the companies can trade in as many products as they like.
There are few activities which are not included in general trading license , such as pharmaceutical products, frozen foods, and weapons. The DED allows a business in the UAE with a general trading license to export, import, or trading of all other goods.
Choosing a mainland general trading license in Dubai/UAE allows you to freely trade goods in the UAE jurisdiction. It is always advised to start with a mainland license for general trading. The second option an investor has is a free zone where you will have limitations in moving around the goods. You have to get the import code and special permission from dubai economic department.
You may choose several activities for your general trading business. You can include all the activities which are regulated goods that comply with the health and safety standards and not the goods that need apecial approvals; guns, pharmaceutical etc....
Select a trading name for your general trading company. Send it for initial approval. Read the rules and regulations of naming a company in Dubai. Once you get the approval, you can apply for your general trading company license.
You have to rent an office space and/or a warehouse. Since a general trading license is trading of physical goods, you need a warehouse space to store your goods. A mainland license allows you to get a warehouse without any jurisdictional limit but with a free zone trade license, you will have certain limitations in the area of operation and storing your goods. Some free zones allow you to operate on a virtual office sapce. You can choose any option depending on your needs.
Getting custom clearance is a primary need for any company that import goods to the country. For that, you must get an import code from the customs authority so you can import goods into UAE by paying the required amount. You can register with any customs authority depending upon which emirate you have your trade license.
Depending on the location you choose to set up, the cost of general trading licenses in Dubai, UAE are priced between AED 15,000 to 40,000 range.
Contact us to know more about the pricing and processes for obtaining a general trading license in the UAE. We have a highly professional team who will help you in company setup in dubai.
We suggest different options according to client’s trading requirements and budget. you can start your general trading business depending on your needs.
We assist you to select activities in order to include all of the selected activities into your trading license.
We assist you in getting any external approval required for your activity in the trade license. We will point out the advantages and disadvantages of mainland and free zone trade license and advise you in choosing the correct one for your business setup in Dubai, UAE.
Moreover, we have made company setup packages that will suit your needs and requirements.
Contact us now to book a free consultation and to know more about company setup in Dubai, UAE.