Commercial or Professional: What type of License must you have?
Setting a business in Dubai is not a straightforward process. Many startups and entrepreneurs in the UAE can vouch for that. One of the dangers of starting a business without knowing the exact procedure is ending up in a financial ruin that would be hard to recuperate from. Hence, when you’re out establishing your business in Dubai, it is important to know which type of business license will suit your business activity.
The UAE has two main license types: Free Zone and Mainland. Both of these categories have their own guidelines and issuing authorities.
Licenses, on the other hand, are compartmentalized into four types: Professional, Commercial, Industrial, and Tourism.
Most companies that are service-based go for the professional license. Examples include IT services, restaurants, consulting services, and other skill-centric activities.
Commercial license is more popular with businesses that carry out selling and buying of goods, products and commodities. Garments trading, food and beverage trading all lie under the commercial license.
Industrial license, like the name would suggest, is issued to industrial establishments, manufacturing plants, and other light and heavy goods that are involved in industrial works.
Tourism license is acquired by companies and agencies that are involved in the touristry business. Tour operators, hotels, and travel agencies are granted such a license.
Want to know which license you need for your business activity? Call us now and get a free consultation.
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Cross Link International is one of the best business setup consultants in Dubai and will assist you in Trade Licenses, company formation, Business License renewal, PRO Services, Visa Services, free zone company formation, Golden Visa Procural, LLC company formation, Dubai Business Setup, 100% company mainland setup, and many more services that go into business setup. You can reach out to us through + 971 4321 6631 / + 971 55 744 6445 or fill-in this form to get a free consultation from us.
*Subject to company structure
