How to get a general trading license in Dubai?

General Trading License is one of the most demanding and widely used trade licenses in Dubai and across the UAE. Companies wishing to import, trade, and export goods and products such as food, furniture, electronics, or clothes must apply for a general trading license. This allows businesses to trade not only locally within the UAE but also with markets around the world.

Scope of General Trading License in UAE?

In practical terms, that means a business could import, export, and trade any number of products – such as cosmetics, building materials, and toys – all under the same license. And the best part is, applying for a general trading license in Dubai and the UAE is extremely straightforward. Within these broad categories are a range of specific license types. Businesses trading many goods would be suited to a type of commercial license known as a general trading license. A general trading company is not restricted to any singular trade activity. It can operate across business activities as diverse as machinery and chemicals to real estate and foodstuff.

Steps in getting the General Trading License in Dubai?

To get a general Trading license in Dubai follows the below steps:

Decide on a Trade name related to your Business.
Choose a Business Activity.
Apply for the Initial approval.
Draft Memorandum of Association.
Choose the Perfect location for your business in Dubai.
Pay and collect your License.

Documents Required for Acquiring the General Trading License in Dubai

Signed and duly filled General Trading License application by the investor/manager
Memorandum of Association, Shareholder agreement, other required documents
Attested Trade Name Approval Letter from the Dubai Economy or the respective Free zone authority
Passport copy of the Shareholders

Benefits of Getting a Trading License in the UAE

100% ownership of a business
Trade License can be issued in just one hour
The office is not a mandatory requirement to get the license
100% repatriation of profit and capital for the Trading license holder.
Can become a vendor in e-commerce platform like Amazon
No restrictions on the number of activities or products undertaken under one license.
Wide scope of business without restriction on distribution
Get the license from the country of residence without traveling to UAE

Cost of getting General Trading License in Dubai

The cost involved in AED

Trade name	735
Initial Approval	110
MOA Drafting	250 (if more than 1 shareholder)
License Fees	25000
Trade name Charges (Foreign Language)	2000
Office	Optional

General trading license from UAE Free Zone

There are almost 40+ Free Zones in the UAE, general trading is one of the most sought-after license types by investors in the UAE. Taking a General Trading License Package from a Free Zone has its obvious benefits such as 100 % foreign ownership, no import duty for imports to the Free Zone, access to world-class office, logistics, and warehouse facilities, and more.

Why Apply for a General trading License in UAE?

If you want to apply for the general trading license here are some important points you should know to get started with the process.

Setting Up Business is easier
The Setup cost is cheaper in Dubai Free Zone
Business can be set up anywhere
It is simple to use for multiple visas
Business set up can be done with several shareholders
There is a low barrier to entry of the business
It's easy to get the dependents family visas

How Danburite will assist you?

Danburite Corporate is specialized in LLC Company Formation in the Mainland as well as Free zones of UAE. Our expert Business Consultants will guide you throughout the company formation process and ensure you obtain the General Trading License in Dubai in the most seamless way as it can be an immense advantage to a businessman. Once you decide to set up a company in Dubai. You must go through all the rules, regulations, and procedures before making a decision. Danburite Corporate has expert advisors who will provide you with the right company formation package based on your business requirements. Send us the documents online and we will register the company for you remotely.

So, if you are looking to set up a business in Dubai then reach out to our experts to know more about obtaining a General Trading License in Dubai.

Frequently Asked Questions (FAQs)

1. Which is the cheapest Free zone in UAE?

Ajman Media City is the cheapest free zone in UAE. It offers investors a range of business activities and business license types at the lowest cost. The Ajman Media City has various office types -shared, customized, Flexi-desk, etc., with and world-class infrastructure.

2. How can I get a UAE Free zone Visa?

Step 1: Register for E-Channel services
Step 2: Entry permit
Step 3: Status change
Step 4: Medical fitness test and Emirates ID registration
Step 5: Residence visa stamping

3. Which Free zone is best in UAE?

1) Jebel Ali Free Zone Authority (JAFZA)
2) Dubai Multi Commodities Centre (DMCC)
3) International Free Zone Authority (IFZA)
4) Fujairah Creative City Free Zone
5) Sharjah Media City Free Zone (Shams)
6) Sharjah Publishing City Free Zone (SPCFZ)
7) Ras Al Khaimah Economic Zone (RAKEZ)

4. How can I get online selling permit in Dubai?

1) Decide a Legal Structure for your Business.
2) Choose a location.
3) Register a Trade Name.
4) Apply for a License.
5) Apply for an Initial Approval Certificate.
6) Draft an MOA and Local Service Agent Agreement.
7) Register a Physical Office in Dubai.
8) Final Approval of the License.