Customization and personalization is the key and we are experts in that domain. For solo entrepreneurs and start-ups, Dubai Economy’s Instant License starts at approximately AED 9,000 (US$ 2,450) and is typically issued on the same day. Likewise, some of Dubai’s free zones offer extremely affordable business set up packages.
The minimum share capital amount differs significantly for each free zone and can range from as little as AED 1,000 to as much as AED 1,000,000 depending on the business activities and licences. Generally speaking, the average share capital requirement for free zones in Dubai is set at AED 50,000. Now that you’ve decided what you’re planning to do, where you wish to do it and under which name you’ll trade, it’s time to make your Dubai free zone company formation official by submitting your application. This is one of the most unique free trade zones, in that it allows companies to apply for their licence and establish their businesses without the need for a Visa. Dubai CommerCity’s expert team can guide you through the processes of getting your e-commerce business registered and running in the UAE. Read more about business setup in Dubai here. Once established, you’ll find all the tools to becoming a success right here within the free zone. As a next step, once your application has been processed, the government of Dubai will notify you when and where your license will be issued.
Steps to Get a General Trading License in Dubai
Our professionals will help you set up an eCommerce company in Dubai or anywhere in UAE and earn the best benefit. License application signed by all stakeholders and legal representatives.
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Dubai’s location facilitates easy access to markets in the Middle East, Africa, and Asia, making it an ideal base for businesses with global aspirations. Once your business is up and running, Adam Global ensures that your trade licenses are renewed on time, and any required amendments are efficiently executed.
“Abu Dhabi, for example, gives a two-year licence at the time of setting up the business, which means that you will not have to pay for licence renewal the next year,” Thompson added. Each Emirate or free zone will have its own economic regulations, which you would need to comply with. The cost can also vary a little, from one free zone and Emirate to another. In Dubai alone, the first half of this year saw over 45,000 new business licences being, according to Dubai Economy and Tourism . Speak to our business development and sales team if you need help setting up your FZCO in Jafza.
The public joint stock company is a more complex structure with management by a collegial body of directors acting as trustees for shareholders. As a result of these changes, some long-established businesses on the mainland are amending their ownership pattern while numerous others are pursuing new business formation in Dubai. Our diverse line-up of company formation experts bring their experience to the table, advising you on the right approach. With 100% foreign ownership allowed, a free zone where you rub shoulders with your peers is the place to be. Infrastructure and Vision further outlines the country’s plans to develop roads, bridges, seaports and other public works to support economic growth.