Mainland
TYPES OF BUSINESS LICENSES
Commercial License
This license is required for companies engaged in trading or commercial activities, such as buying and selling goods.
This business license can be used in the UAE for both specialized trading and general trading activities, and it can be used to establish a limited liability company (LLC) or a sole establishment. A commercial license allows a business to trade within the UAE and is essential for any company involved in import and export activities.
Industrial License
This license is needed for companies engaged in manufacturing or industrial activities. An industrial license allows a business to carry out activities related to manufacturing, production, and processing of goods.
Professional License
A professional license is required for companies engaged in providing professional services, such as legal, accounting, engineering, or consulting services. It allows businesses to provide services to clients within the UAE.
Tourism License
This license is mandatory for businesses engaged in tourism activities, such as hotels, travel agencies, and tour operators.
Educational License
An educational license is needed for companies engaged in educational activities, such as schools, colleges, and training centers.
Healthcare License
A healthcare license is for companies engaged in healthcare activities, such as hospitals, clinics, and medical centers. It allows a business to provide medical services and products in the UAE.
Media License
Requirement
GENERAL REQUIREMENTS
Business Plan
Have a detailed business plan for your company that outlines your business activities, target market, projected revenue, and other important details.
Physical Office
You need to have a physical space to operate your business, and the premises must comply with the local laws and regulations.
Business Activity
Determine business activity you will undertake and ensure that it is allowed in the UAE. The activities are generally categorized into three: commercial, industrial, and professional.
Capital Requirements
Meet the necessary capital to start your business, and the amount required will depend on the type and size of your business.
Legal Structure
You need to determine the legal structure of your business, such as sole proprietorship, partnership, limited liability company (LLC), or a branch office of an existing company.
Visa Requirements
Have a valid residence visa to operate a business in the UAE, and you need to ensure that you have the necessary visa requirements for your employees.
Trade Name
Choose a unique trade name for your business and get it approved by the Department of Economic Development (DED).
Business License Fees
You need to pay the required fees for the business license and any other relevant permits.
CONTACT US
Are you ready to embark on your global financial expansion? Contact us today to discuss your licensing and banking needs. Let Offshore Genesis be your partner in achieving your financial ambitions on a global scale.