Dubai is a hub for international trade and business, making it a popular destination for entrepreneurs and businesses looking to expand their operations. One of the first things you will need to do when setting up a general trading company in Dubai is to obtain a trade license. A trade license, also known as a general trading license, is a legal document that allows you to conduct business activities in the emirate.
Need to get trade license before setup of business or after setup?
It is important to note that you must obtain a trade license before setting up your business in Dubai. According to the Department of Economic Development (DED), around 90% of the businesses in Dubai have a trade license. This means that you will need to have your trade license in hand before you can start the process of setting up your company.
The Cost of General Trading License in Dubai
The cost of a general trading license in Dubai can vary depending on several factors, such as the type of business you are setting up and the number of partners involved. On average, the cost of a general trading license in Dubai can range from AED 15,000 to AED 25,000.
Additional cost
In addition to the cost of the trade license itself, there are several other costs that you will need to take into account when setting up your business in Dubai. These can include costs related to office space, legal fees, and other expenses associated with setting up a business. According to a survey conducted by Business registration Dubai, the average cost of setting up a company in Dubai is around AED 30,000.
Who provides the trade license in Dubai?
The Department of Economic Development (DED) is responsible for issuing trade licenses in Dubai. The DED is responsible for overseeing the registration, licensing, and regulation of businesses in the emirate.
Cheapest General Trading license in Dubai
If you are looking to obtain a general trading license in Dubai at the lowest possible cost, there are several options available. One option is to opt for a virtual office instead of a physical office, which can help to reduce costs. Additionally, you may be able to find cheaper rates by working with a local sponsor or agent such as Business registration Dubai, who can help you navigate the process of obtaining a trade license in Dubai at a low cost.
Cost Of General Trading License
The cost of a general trading license in Dubai can vary depending on several factors, such as the type of business you are setting up and the number of partners involved. On average, the cost of a general trading license in Dubai can range from AED 15,000 to AED 25,000.
Connect With Us
As a general trading company, we understand the importance of obtaining a trade license in Dubai. If you are interested in setting up a general trading business in Dubai and need assistance with obtaining a general trading license, please do not hesitate to connect with us for consulting. We are here to help and can provide you with all the information you need to get started.