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General Trading License in Dubai: The Complete Guide

Dubai’s general trading license in Dubai is considered one of the most valuable tools for businesses eyeing various trading activities under one license. A company with this license type can trade multiple goods that are not necessarily related to each other; this is a big plus for many businesses solely trying to diversify their product line.

A large cargo ship docked at a port, symbolizing the robust infrastructure for obtaining a general trading license in Dubai and facilitating company formation in Dubai. The ship is laden with containers, highlighting the extensive trading opportunities available in the region.

General trading license cost in Dubai:

It would help if you knew how much money it takes to get a general trade license in Dubai to have a rough plan and budget. The licensing cost may differ depending on several parameters, including whether your business setup is on the mainland or in a free zone.

  • Mainland License Dubai:

The general trading license for the mainland will generally range from AED 30,000 to AED 40,000. The price includes registration fees, licensing, and other administration charges.

  • Free Zone License:

Setting up in a free zone may have cost advantages and other incentives. The cost could vary from AED 15,000 to AED 25,000.

General Trading License Renewal Fees:

One of the other things to consider while opting for a Dubai General Trading LLC license is related to the renewal of the same. Renewal costs are usually lower than setup costs and vary from AED 10,000 to AED 15,000, depending on the activities and location.

How to Get a General Trading License in Dubai:

  • Business Structure:

Decide upon setting up in the Mainland or Free Zone.

  • Company Formation in Dubai:

Consult a company formation expert and let it handle all the documentation, legalities, submissions, etc.

  • Submit Documents:

All required documents will be prepared and submitted—from the passport copy to the business plan through the tenancy contract.

  • Pay Fees:

Pay the prescribed licensing fee and get it approved by the concerned authorities.

  • License Issuance:

The general trading license will be provided upon approval to enter business activities.

Benefits of General Trading License in Dubai:

  • Flexibility:

Trade in as many unrelated products as desired under one license.

  • Access to the Market:

Complete access to UAE and GCC markets.

  • Areas of Business:

A license holder can pursue most lines of business, thus opening up more avenues for development and expansion.

Mainland License in Dubai: A Popular Choice:

Many companies incorporate mainland licenses in Dubai to provide access to the local market without restriction. Any mainland company can trade freely within the UAE, and there is no restriction by number on the number of visas that one can procure.

Conclusion:

A general trading license in Dubai is a strategic asset for companies seeking to engage in multiple trading activities. Being aware of the related costs and renewal fees and the process involved will help your business structure efficiently set up shop and succeed in opportunities arising with the Dubai marketplace.

Nevertheless, considering any business that desires an expansion or a setup in Dubai, consultation with company formation in Dubai expertise is highly advisable for smooth and compliant formation.

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