Company Trade License Formation

Company Trade License Formation

Forming a company in the UAE requires obtaining a trade license, which is a mandatory requirement for any business operation. The process and type of trade license depend on several factors such as the nature of your business, the location of your company (mainland, free zone, or offshore), and the business activities you plan to undertake. Here is a step-by-step overview of the process

Types of Trade Licenses in the UAE

01.
Commercial License
02.
Professional License
03.
Industrial License
04.
Tourism License

Main Steps for Company Trade License Formation in UAE

1 – Choose the Business Activity

Select the type of business activity you want to conduct.

2 – Select the Jurisdiction

Decide whether to establish the company on the Mainland, in a Free Zone, or Offshore.

3 – Prepare the Memorandum of Association (MOA)

Draft the MOA, which outlines the company’s structure and ownership details.

4 – Submit Required Documents

Provide necessary documents, including passport copies, MOA, tenancy contract, and NOC (if needed).

5 – Apply for Initial Approval

Submit an application for initial approval from the Department of Economic Development (DED) or Free Zone authority. 

6 – Submit Required Documents.

Provide necessary documents, including passport copies, MOA, tenancy contract, and NOC (if needed).

7 – Receive the Trade License

Obtain the trade license and begin your business operations officially.

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