How do I get a business license from the UAE government authority?
20.5.2022 08:32
How do I get a business license from the UAE government authority?
How do I get a business license from the UAE government authority?
How do I get a business license from the UAE government authority?
20.5.2022 08:35
As far as I know SORP Group can help with any business license issue https://sorp.ae/en/license/ Plus you should take into account that there is no basic taxes (corporate, personal income, dividends). Only 5% VAT is applied for a number of internal operation. Good luck
How do I get a business license from the UAE government authority?
20.5.2022 08:38
You should apply for the business license on the website of Economic dept. of the respective Emirate where you want to start a business. You can also approach the Economic dept. and fill the forms highlighting your specific activity/activities and get the initial approval. Then you should rent office/shop as per the requirement. Even you can rent a virtual office as well where you can pay less rent if you do not require a physical office.
If you want to establish your business on mainland companies of the Emirate then you should have a UAE citizen as your sponsor and local partner or service agent which depends on the activity and type of trade license you own. If it is a professional license you need a service agent and if it is a commercial or industrial license then you need a local partner whose shares will be 51%.
Once you get the trade license you can start your business.
If you want to establish your business on mainland companies of the Emirate then you should have a UAE citizen as your sponsor and local partner or service agent which depends on the activity and type of trade license you own. If it is a professional license you need a service agent and if it is a commercial or industrial license then you need a local partner whose shares will be 51%.
Once you get the trade license you can start your business.