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Dubai Industrial Trade License is issued to organizations that convert natural resources or alter raw materials. This alteration can be in terms of structure and appearance with the aim to produce or manufacture new products, semi-manufactured products or even fully manufactured products.
These activities mainly imply production, segregating, accumulation, packaging, etc. Industrial trade license obligates the company to have a physical warehouse inside the country. If you need to know more about obtaining an industrial license in the UAE call Shuraa Business Setup.
Applying for a Dubai industrial license is a straightforward process, and here’s a stepwise summary of the procedure:
If you’re considering applying for an industrial license in the UAE, the first step is to find a business formation expert you can trust to manage the procedure on your behalf, such as Shuraa. This alleviates the stress of starting a company. And it guarantees that your paperwork will be thorough and accurate.
If you want to open a factory to run your business, you must first obtain approval from the right authorities. If you plan to conduct business from an existing location, such as a free economic zone, you won’t need to worry about this step.
The next step is to submit an application for an industrial license in Dubai. If you are establishing a business on the mainland, you can immediately contact the DED. However, if you want to run your business in a free zone, you can submit a request to the relevant free zone authorities. The expert corporate advisors at Shuaa will design and maintain your applications regardless of where you setup your company (mainland or free zone).
You’ll need to get certain additional licenses before you can operate in the UAE with an industrial license. The authoritative bodies for your Dubai industrial license include:
A company formation professional can obtain all these permits on your behalf.
You must register for a UAE visa before you can conduct your industrial business activities. To do so, you can apply for a visa at the same time as you apply for a business license. Inter Businessalso, handles visa applications along with your license for you. Moreover, it’s also possible to sponsor people, such as your kids, spouse, or relatives, for UAE visas.
Here’s a list of the various activities that you can carry out once you obtain your industrial license:
The UAE’s government and independent jurisdictions continue to add newer business activities to this list.
Start by getting a suitable trade name for your business. A company name must comply with UAE company name guidelines and be unique, not already used by another company.
Next, determine the legal structure of your business. The next step in your application is crucial, as it outlines how your business will operate and who will be responsible for its actions.
Once you have decided on the company name and legal structure, outline all your venture’s business activities. Remember that each trade license allows a maximum of ten activities, so list them accordingly.
Please ensure that you complete the application form accurately and thoroughly. Once completed, kindly submit it to the Department of Economic Development (DED) for initial approval.
Get external approvals from authorities before starting your business to avoid license rejection. Research and secure these approvals beforehand.
Ensure you have all the required documents ready to submit along with your application. Check that all necessary signatures are in place to avoid any delays in the process.
Decide on the type of trade license you need, keeping in mind that a mainland trade license necessitates a physical business location.
Once you have chosen a suitable location, obtain a tenancy contract.
Ensure Ejari attests to the contract and includes it in your application materials.
With all the mandatory documents and a confirmed location, you can now apply for a trade license from the DED. The application will undergo review and processing.
Remember that obtaining a trade license involves fees. Pay the issuance and license fees to complete the process and receive your trade license.
Your firm’s location determines the overall cost. It is important to take into account additional permits and certifications which will depend on the type of manufacturing industry you will be establishing in the UAE.
The overall cost estimate is around AED 25,000 for an industrial license in Dubai. However, this may change from time to time due to changes in existing pricing guidelines. Starting a business in a free-zone territory would be more cost-effective, given the initial setup fees and other expenses.
Another option is to choose a mainland establishment if you need hassle-free access to Dubai’s local marketplace. In addition, a mainland formation also enables restriction-free trading across the UAE
Here’s a summarized list of the documents you must submit to secure an industrial license:
The licencing procedure for an industrial and manufacturing business is much more involved and difficult than when starting a small corporation. Finding a location, deciding whether to form a limited liability company, opening bank accounts, and making sure your firm complies with UAE and Dubai rules are all time-consuming tasks.
You’re not alone if all of this preparing is giving you a headache. For many business owners in Dubai, starting a business can be difficult and stressful.
Fortunately, we’re here to support you during every stage of the procedure.
Why not seek the assistance of a qualified business consultancy that can handle all the paperwork, tiny print, and challenging chores on your behalf?
When starting a business, there are many different aspects to consider, including how to apply for an industrial license in Dubai. Shuraa has knowledgeable business setup advisors who can help
Inter Business Setup offers a comprehensive range of services curated for your business specific needs.
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