UAE is home to numerous Free Trade Zones that support the growth of trade and the economy of the region. There are various business activities available in the Free Zones for doing business. In UAE there are more than 45 Free Zones delivering various company packages for investors.

Foreign investors choose to establish their business in the Free Zones due to various reasons such as:

• The ease of setting up an office,
• Registering the company easily,
• Avail of the numerous business benefits offered by the Free Zones.

Free Zone in UAE

Free Zone in UAE is an area demarcated within the country. It is a designated area where investors can legally trade and avail various incentives for their business. Furthermore, for a Free Zone Company in UAE there are a host of benefits such as:

• Provision of Complete Ownership of the Company
• Trusted Governance
• Absence of taxation,
• Plug and Play Office Spaces
• Easy Company Registration and more

Also, there are designated Free Zones in UAE that are VAT Exempted under certain circumstances. The VAT is levied depending on the place of supply of the services and goods by the Free Zone company.

Free Zone – Available Privileges for the Investors

The jurisdiction of a particular Freezone is limited to the area where it is established. A company registered in a Freezone is essentially an onshore resident company. So, it can avail all privileges of an onshore company such as:

1. It is eligible for Office premises in Freezone
2. It can have a Visa quota
3. It can trade or do business within the UAE and outside
4. It can be registered with the Chamber of Commerce
5. It can obtain import-export code
6. Tax Residency Certificate can be obtained so that investors get the benefit of DTAA ( Double Taxation Avoidance Agreement)
7. Certificate of Origin can be obtained for manufacturing companies
8. 100% Expatriate Ownership and 100% repatriation of profits

The Free Zones in Dubai will be pricier when considering the total cost of setting up a business in UAE. It is dependent on various factors such as the location, office rent, other infrastructure facilities, and more.

Top Free Zones in Dubai

The Free Zones in Dubai offer various company formation packages for the investors. Depending on the specific business requirement, the Free Zones have custom-made business solutions.

There are popular Free Trade Zones in Dubai that offer variety of company packages. Few of them are:

• Dubai Airport Free Zone
• Dubai Multi-Commodities Center
• Dubai CommerCity
• Dubai Silicon Oasis – IFZA

Also, the investor can choose from a wide range of business activities for setting up their company. The Free Zones of Dubai has many advantages due to the strategic location and improved infrastructure facilities to support business growth.

Free Zones in Abu Dhabi

There are Free Zones in Abu Dhabi that offer various specialized license packages and business activities to the entrepreneurs. For example, the Masdar City Free Zone offers special licenses for startups in the field of renewable energy, energy management, environment management, etc.

Similarly, the Khalifa Free Trade Zone (KIZAD) offers logistics, shipping, packaging, and commercial trading license at budget friendly rates for the investors.

Additionally, for airlines chartering, flight maintenance, and aircraft management companies, the Abu Dhabi Airport Free Zone is an ideal choice. It offers various cost-effective business license packages for the entrepreneurs.

Top Free Zones in the Northern Emirates of UAE

The Northern Emirates especially Sharjah has few cost-effective alternatives for companies to set up at a much affordable rate in the UAE.

Let’s look at the various options available in the Northern Emirates for company setup and successfully set up your dream business venture in UAE most comfortably and cost-effectively.

1. Sharjah Airport International Free Zone (SAIF Zone)

Sharjah Airport International Free Zone is one of the most dynamic Free Trade Zone driving a variety of trade and business activities in the UAE. Hence, it is one of the busiest trading and manufacturing hubs of UAE.

With an in-house Customs Clearance, proximity to the Sharjah International Airport and the Khalid Port, SAIF Zone facilitates global trade with more than 100 countries.

The custom warehouse and light manufacturing units allow entrepreneurs to easily scale up their business operations and profitably run the operations. SAIF Zone offers customized office spaces starting from 9 Sq.m cubicle to fully furnished executive offices.

Also, the company formation process, state-of-the-art infrastructure, staff accommodation, etc., are best in class making the Free Zone a favorable option to consider for setting up a business establishment in the UAE.

2. Hamriyah Free Zone

Similar to Sharjah Airport International Free Zone, the Hamriyah Free Zone is another popular Free Zone for commercial and manufacturing licenses mainly. It hosts some of the top manufacturers of the world.

Hamriyah Free Zone offers warehouses with office space requirements with up to 50 employee visa quotas for large manufacturing setup.

There are top-class warehousing and storage facilities in Hamriyah exclusively for food manufacturers, healthcare providers, etc.

The proximity to one of the busiest ports in the UAE makes it a trader’s hub. There are daily import-export transactions from Hamriyah Port to numerous countries around the world with the majority share to Asia and then Africa and Europe.

3. Sharjah Media City

Sharjah Media City is one of the most competitive Free Zone gaining a strong presence as the popular Free Zones for profitable business investment in the UAE.

SHAMS offers a wide range of business activities at a low-cost business setup package starting from as low as AED 8,050 for a Zero visa quota company setup.

The Free Zone offers investors a multitude of company formation options and a wide list of business activities to choose from.
As the name goes, SHAMS just does not only offer Media related Business License but several business licenses and activity categories ranging from general trading, services, eCommerce, and more.
To know more about Company Formation in Sharjah Media City, talk to our expert Business Consultants, connect with us here!

4. SPC Free Zone

The Sharjah Publishing City Free Zone is a competitive Free Zone in the emirate of Sharjah. It has various company packages that suit the investor business requirements. SPC Free Zone is a popular choice among the freelancers and startup companies.
The Free Zone offers cost-effective company packages that will enable investors to easily start there business venture and scale up. SPC offers flexi-desk spaces and Co-working spaces for startups and freelancers to work.
SPC offers the investors more than 1000+ business activities across services and commercial business categories. The proximity to Sharjah International Airport makes it an ideal location for business travelers to easily visit the office premises for project discussions and meetings.

5. Ajman Free Zone

For entrepreneurs looking at further low-cost options, there is Ajman Free zone that offers attractive business setup packages across various business license categories and trade activities.
Choosing a Free Zone with the only objective of a low-cost business license will have implications in the future during office space expansion, warehouse space addition, bank account opening, address and reputation, and more.
Hence, entrepreneurs must look at a holistic approach while choosing the right Free Zone for their business establishment and not just a low-cost option.

6. Ajman Media City

Ajman Media City Free Zone is another low-cost option for investors who are looking at an entry point to the UAE business landscape.
The Ajman Media City offers a Freelance Permit for media enthusiasts, Photographers, graphic designers, web-developers, etc., to enter the entrepreneur world seamlessly.

Also, Ajman Media City offers a host of other business license packages at competitive packages for investors to choose from for their business setup in UAE.

7. Ras Al Khaimah Economic Zone (RAKEZ)

The RAKEZ is a Special Economic Zone in the Emirates of Ras Al Khaimah offering attractive company setup options for global investors.

The Free Zone consists of dedicated business parks, manufacturing units, warehousing, and logistics complexes to cater to a wide business requirement of entrepreneurs.

Also, to promote the academic and education-related business establishments, RAKEZ has a specialized Academic Zone that houses all the companies that offer services and products in the education sector such as training, Ed-Tech startups, tutoring, etc.

In a nutshell, UAE Free Zones offers global investors all that they require to set up their business seamlessly and easily scale up to achieve business sustainability.

Seasoned Business Setup Consultants like Aurion will assist in the end to end Business Setup Processes, Visa Processing, Bank Account Opening Assistance, and beyond making the journey of Company Formation in UAE hassle-free for the investors.

Read more about Business Setup in Fujairah and Business Setup in Ras Al Khaimah (RAK).

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Why Prefer UAE for Establishing a Business?

The ease of doing business, strategic location between the east and the west, political stability, secure banking system, world-class infrastructure, etc., are the reason behind the success of UAE as a must-go destination for global investors.

Entrepreneurs from across the world prefer Dubai to set up a business and settle down with family due to umpteen benefits and improved lifestyle at a lower cost than European countries.

The Free Zones in UAE are the major growth drivers of foreign investment. It offers all required support systems for entrepreneurs to easily set up their base in the region. Multi-Year Business License is an attractive offer for entrepreneurs by some of the Free Zones in UAE.

What is a Multi-Year Business License Package?

Multi-Year Business License Package is an all-inclusive company formation option offered by selected Free Zones in UAE. The Business License Fees for a minimum of three years is to be paid upfront to avail of the package.

A multi-year Business License coupled with a three year UAE Residence visa is an attractive offer that saves businesses the start-up cost significantly.

Which Free Zones Offer Multi-Year Business Licenses in UAE?

All Free Zones in UAE offer Multi-Year Business License Packages for entrepreneurs, however, the Sharjah Media City and International Free Zone Authority Dubai has the most competitive Multi-Year License Packages available in the UAE.

1. Sharjah Media City

Investors can start a company in Sharjah Media City (SHAMS) for AED 37,744 for a three-year business license with 1 Visa Quota. The fee for Visa, Emirates ID, and E-Channel registration are calculated separately.

2. International Free Zone Authority Dubai (IFZA)

The International Free Zone Authority Dubai (IFZA) has an exclusive three-year Business License Package (at 25% discount) starting from AED 40,275 for 1 visa quota.

The most evident advantage of opting for the Multi-Year business package is the cost savings at the time of setting up of business.

Then the hassle-free time to concentrate on core business activity and leaving the burden of administrative works of license renewal every year.

Company Setup in Free Zone – Things to Know

Here is a step-by-step process for applying for a company license from the Free Zone of UAE. The process is almost similar across the Free Zones with slight variations depending on the Free Zone authorities.

Steps in Setting up a Free Zone Company in UAE

• Choose the tradename and get the approval from the Free Zone authorities.
• Choose the right company structure depending on the shareholder pattern (FZC- Multiple Shareholder/FZE – Single Shareholder).
• Decide on the business activity -choose the right business activity according to the nature of your business. (Aurion Team will assist you in finalizing the exact trade activity available in the Free Zone)
• Submit the required documents (investor passport copy, photograph) and make the fee payment.
• For certain special business license categories and business activity, there needs to be approval from the department concerned.
• Identify the right office space for your business. There are various office types available in the Free Zone – Shared Office, Flexi-Desk, Executive Office, Warehouse with Office Space, and more.
• Once the required documents are submitted, the Free Zone authorities will assess the application and the business license will be issued.

After obtaining the business license, the company can sponsor the investor, director, and employees for a three-year residence visa. The Investor can also apply for a corporate bank account using the company documents.

Why Choose a Free Zone in UAE?

Investors choose a Free Zone in UAE for setting up their company due to the umpteen business benefits offered by the Free Zone to the foreign investor such as:

• Investors can completely own the company and there is no third-party involvement of any other entity or government
• Leverage the benefits of tax-free status on personal and income tax. The only tax applicable in UAE is the value-added tax of 5%.
• Wide range of business activities and business license types available for the investors that align with their business requirements
• Top-class infrastructure facilities are available for the companies to conduct meetings, client calls, conferences, daily operations, and more.
• Most Free Zones in UAE have a dedicated Customs Checkpoint and also are in proximity to Airports and Sea Ports that will facilitate easy and fast trade.

Ease of company setup in UAE Free Zones is another major factor for the popularity. Investors can set up a company in less than 2 days in most of the Free Zones of UAE.

Based on the business requirements, nature of the business activity, office requirements, budget, location; investors can choose the Free Zone for setting up the company in UAE.

Aurion will assist you with the submission of the duly filled application form, fee, and required documents to all major Free Zones in the UAE.

To know more about company formation in the UAE Free Zone, reach out to our expert Business Consultants right away!

Contact: Aurion Business Consultants

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A diverse audience from around the world, the deep-rooted culture of hospitality, and the lifestyle in Dubai are driving the restaurant growth in Dubai.

Cost of Restaurant License in Dubai

A restaurant License in Dubai can be obtained from Dubai Economy. It can be registered as LLC or a single owner entity. The cost of Restaurant License in Dubai is approx. AED 25000 (The shop rent and furnishing fees separate)

The cafes and restaurants have a place in every individual’s social life and lifestyle here in Dubai.

With the growing number of tourist and business visitors, the demand to serve the potential audience is on the high side.

The Rise of Restaurant Business in Dubai

There are enormous potential and business opportunities in the niche segment of cafes and restaurants in Dubai. A variety of cuisines are available with new concept restaurants adding to the count.

Opening a restaurant business in Dubai involves a lot of steps and approvals. The food security aspect is very stringent in Dubai.

How to get a Restaurant License in Dubai?

There are certain steps to be followed to obtain a Restaurant License in Dubai and required permits from the authorities in Dubai.

To issue the restaurant operating license, the authorities will conduct strict assessments, inspections, and issue special approvals. The health and safety of consumers are of utmost importance in Dubai.

Hence, restaurants must be adhering to the policies and guidelines to avoid fines and license cancellation.

Step-1 Acquiring the Food & Trading License

For Restaurants to sell food items in Dubai, they have to apply for a trade license from the Dubai Department of Economic Development (DED) and get the approval of the Department of Tourism, and Commerce Marketing.

Now the owner can apply for the Food License through Food & Safety Department.

To add extra items to the menu, and start home delivery, there are special permits to be obtained such as delivery permits, liquor permits, Ramadan permits, etc.

Step-2 Get Required Approvals on Construction Plans

 The food and safety department must approve the construction plan as well as issue required permits such as the:

• Food Consignment release license
• Port permit for serving pork products
• Vehicle permit for food transportation

Clearance from Food Safety Department on Architectural Installation

Also, the Food and Safety department must approve the architectural requirements such as:

• Placement of kitchen area & minimum kitchen area size
• Ventilation facility and chimney placement
• Separate basin for washing utensils, cleaning vegetables, and meat products.
• Storage facilities to preserve all types of food
• Draining pipe placement & waste management

Once the approvals are in place and the plan is approved, the owner can apply for the trade license from DED along with the other supporting documents.

Documents required for starting a Restaurant in Dubai

For Obtaining Trade License from DED/ Free Zone

• Passport Copy & Photo of the owner(s)
• Application form with list of activities chosen
• Selected Trade Name
• Shareholder agreement (MoA),
• Local Sponsor Agreement
• Office/ Retail Space and Tenancy Contract

For Approval from the Food & Safety License

• Trading License
• No-Objection Certificate from local municipality of Dubai
• Construction plan & tenancy Contract
• Special Permits, Certifications (ISO 20000, HACCP), etc.
• Approval from the Planning Department (if the restaurant is located outside of the shopping center)

Step-3 Choosing the right location for your Restaurant Business in Dubai

For restaurants, apart from the menu, the location is a crucial part of the success. The restaurant or cafe must be in an accessible area with ample parking spots, residential location, or prime commercial locations.

New or upcoming residential locations also will help the cafe in gaining popularity easily.

An LLC business setup is the right company structure for a Cafe or Restaurant as most of the residential and commercial hot spot is in the mainland of Dubai.

Street Food Truck License

The concept of food trucks is gaining popularity in Dubai among the new generation. You can obtain a license for food truck operation in Dubai from the Department of Economic Development (DED) under certain guidelines.

There are pre-approvals required from the Road Transport Authority (RTA), Dubai Electricity & Water Authority (DEWA), and Dubai Municipality to start the Food Truck Business in Dubai.

Pre-Approval for Food Truck License

Get HACCP approval to assure the safety of the food truck and the central kitchen. It will add up the credibility of your brand.

The HACCP certificates must be submitted to the government authority approvals before you get your food truck license.

Additionally, you will require to get approvals from Dubai Municipality, Road and Transport Authority, Dubai Electricity, and Water Authority.

So the first step is submitting your detailed business plan to DED and the Dubai Municipality.  As your plan is approved by both the authorities, proceed to the next step of getting all other approvals.

Food Truck License in Dubai & Regulations

• The Food Truck is allowed only to prepare ready-meals (Burgers, Sausages, French Fries) and fried items, barbeques.
• The kitchen area of the truck must be equipped with safety standards and must be suitable for the permitted activities.
• The interiors must be fire-proof, light-colored, smooth material, and easy to clean up.
• The Food truck must also have appropriate ventilation and lighting.
• The food safety standards in Dubai are very high and the food truck must maintain the hygiene and serve of food with utmost care for the safety of their customer.
• You must make arrangements for storing, and packaging, and preparation of food in a separate kitchen. It is not allowed to prepare raw materials in the mobile truck.
• The containers and items required for food preparation should be kept safely in the truck. Any contamination in food will draw penalties from the concerned authorities.

Similar to the Restaurants and Cafes, for Food Trucks also the location matters. There are only limited locations in Dubai, where the government allows the positioning of the Food Trucks.

Pick a favorite spot where a steady flow of tourists, travelers, and visitor flock, this will help in the profitability of the venture.

To know more about Restaurant business / Café / Food Truck Licenses / Foodstuff Trading License, talk to our experts!

Contact: Aurion Business Consultants

The post How to Obtain a Restaurant License in Dubai – Things to Know appeared first on AURION.

The Free zones in UAE offer simplified company formation packages with a wide range of incentives to the investors. The 100% foreign ownership in the 45+ Free Zones are greatly attracting foreign investors to UAE.

What is Attracting Foreign Investment in UAE?

1. Ease of Doing Business

The UAE government’s support to promote business and trade is the most important reason. Obtaining a business license in UAE is seamless and could be as less than 1 hour depending on the license type.

Hence, the UAE offers a quick and reliable company formation ecosystem and platform via the free zones and the Department of Economic Development.

2. Infrastructure and Transport Facility

The Robust business ecosystem and infrastructure in UAE is ideal for successfully starting any business category. There are enormous networking opportunities in the UAE, also the free zones offer various technology infrastructure to support business in the UAE.

3. Banking Support

UAE has some of the world-best international and local banks. They offer a large variety of business bank account and incentives to the investors based on specific requirements. Opening a Corporate bank account in UAE is relatively easier. The Bank supports the business ecosystem in UAE greatly by offering various investment options and benefits for the corporate account holders.

4. Tax Schemes

UAE has a strong network of international tax treaties. The UAE has more than 115 Double Taxation Treaties (DTAs) in place with other countries. It will ensure business and residence are not taxed twice on the exchange of trade or services.

How to Leverage the Low Tax Rates of UAE?

To enjoy the low taxation in the UAE, foreign investors have multiple options for setting up a business in the UAE

• Apply for a residence visa and fly in and out every 6 months
• Conduct generating trading in the local UAE market via a local agent or distributor and expand business in the UAE
• Setup a local LLC Company in the Mainland of Dubai
• Setup a Free zone Company in UAE
• Acquire a sinking company in the UAE and restructure it

The Tax rates in the UAE are very low compared to Europe, the US, and most of the other business hubs of the world. Thus, businesses based in UAE will be enjoying low tax or tax-free status. The only tax for corporates and individuals here is the VAT (5%) on services and goods transacting in the UAE market.

So, company formation is a lucrative investment and a tax saving mechanism for most of the investors from European and other high tax countries.

5. Diversity of Business and Enormous Growth Opportunities

Businesses in the UAE are spread across a wide range of activities. The diversity of business has given rise to emerging opportunities across various industry sectors. To speed up growth in certain specific sectors, the UAE government has introduced many initiatives like long term visas, foreign investments, infrastructure support, etc.

6. Economic Stability

The UAE has a solid economy and the political climate is very sound and stable. UAE is an investment hotbed due to its strategic location, strong financial reserves, healthy international relations, business infrastructure, etc.

7. Variety of Choices for Company Formation

The flexibility to business anywhere in UAE and the enormous choices of free zones, industrial areas, and commercial establishments is making UAE stand out from the world.

8. Availability of Talent and Labour

There is a wide talent pool available in the UAE. The government of UAE has launched a new long term residence visa for a qualified workforce in health, science, technology, etc.

Also, UAE is advancing in terms of the latest technology adoption, sustainable energy, etc. There is a lot of initiative in the line of research, the latest technology, artificial intelligence, smart transportation, etc.

9. Political Stability

UAE has long-term political stability with strong diplomatic policy worldwide. As trade tensions and security issues continue to affect corporate growth elsewhere in the world, the foreign investors are looking at UAE as a prospective place to set up their base.

So, in a nutshell, foreign investors especially from high tax countries such as Germany, Italy, France, UK, etc., find UAE to be a lucrative investment destination to reduce the tax burden.

UAE Freezones – Key Benefits for the Foreign Investors

Foreigners can easily set up business establishments in the Free Zones of UAE. It offers a wide range of investor benefits such as:

• 100% ownership
• 100% profit repatriation,
• Apply for a residence visa,
• Avoid double taxation
• World-class business infrastructure
• Easy business setup
• No personal or corporate tax in the UAE
• No customs duty for imports into Free zones of UAE
• and many more…

To know more about Foreign Investment through Company Formation in the UAE, talk to our Legal and business Experts right away!

Read more about “How Tax Residency in UAE can help Investors from Germany, Italy, the UK, and the Rest of Europe?“

The post Why UAE is a Perfect Choice for Investors from Europe? appeared first on AURION.

Company registration in Dubai starts from choosing the right business activity, preparing relevant documents, applying for the business license, issuance of business licenses, and so on.

Once the business license is issued there is the processing of residence visas and corporate bank account opening for the successful operations of the business in the UAE.

Mainland Business License Types in UAE

The Business License types for Company formation in the Mainland of UAE are the following:

1. Commercial License in the UAE

Commercial License in Dubai is required for businesses involved in trading and supplying of goods like garments, textiles, dry goods & any other consumer supplies.

List of business activities under the Commercial License Category in UAE

• Mobile Phones & Accessories Trading
• Used Furniture Trading
• Trading in building materials
• Oil & gas trading
• Spare parts trading
• Gold & precious metals trading
• Trading in chemicals
• Trading in Automobile
• Safety equipment trading
• Building Cleaning Equipment Trading
• Fire Fighting & Safety Equipment Trading
• Office Furniture Trading
• Telecommunications Equipment Trading
• Computer Software Trading
• Plastic Bags & Containers Trading
• Medical Gas Trading
• Agricultural Pesticides Trading

2. Industrial License in the UAE

The Industrial license in Dubai is awarded for manufacturing or other types of industrial activities. Eg. Fabrics & Textile manufacturing, Mineral Water Bottling, Uniform Manufacturing, Plastic Bottles & Containers Manufacturing

List of business activities under the Industrial License Category in UAE

• Garments Manufacturing License
• Meat Products Manufacturing
• Dairy Products Manufacturing
• Animal & birds Feed Manufacturing
• Pastry & Sweets Manufacturing
• Fabrics & Textiles Embroidering
• Carpets Manufacturing
• Mineral Water Bottling
• Fishing Net Making
• Uniforms Manufacturing
• Plastic Bottles & Containers Manufacturing

3. Professional License in the UAE

Professional License is for individuals or business groups that deliver expertise as a service to the public.

List of business activities under the Professional License Category in UAE

• Computer Consultancy
• Insurance consultancy
• IT Infrastructure Consultancy
• Tax Consultancy
• Marketing Consultancy
• Auditing & Accounting
• Legal Consultancy
• Waste Management & Recycling Consultancy
• Public relations Management
• Project Development Consultant
• Agricultural Consultancy
• Customs Consultant
• Fire Safety Consultancy
• Construction Engineering Consultancy
• Electronic Engineering Consultancy
• Mechanical Engineering Consultancy
• Science & Technology Consultancy
• Safety Consultancy
• Advertising Consultancy

*Note: the list of business activities is mentioned here is not an exhaustive list, there are more than 3000 business activities listed by the Free Zones and DED in UAE. For more details on business activities, reach out to our business consultants.

LLC Company Registration in the UAE

Mainland Company formation in UAE or LLC company formation in UAE will allow you to trade in the local UAE market as well as expand your business activities and office spaces.

Also, you can easily employ more support staff to scale up your mainland business operations in Dubai and the rest of the UAE.

LLC Company in UAE can apply for government projects & contracts and work closely with the Government of UAE. LLC Company in UAE offers investors more flexibility and space for business growth and expansion opportunities.

Requirements for obtaining a Trade License for the LLC Company in UAE

There are certain requirements to full fill by the investors to get the trade license issued by the Department of Economic Department (DED).

LLC Company Formation in UAE – Key Steps

 The following are the steps for setting up an LLC Company in Dubai.

• Segment the business activity into commercial, industrial or professional
• Choose the related business activities that fall under a certain Business License
• Find a local partner for your business. Business consultants will help you in finding a local partner.
• Submit the application form to the Department of Economic Development (DED) for trade name and initial activity approval
• Now you can look out for a physical office location and prepare a tenancy contract.
• Prepare the Memorandum of Association(MOA) with the Local UAE Sponsor.
• Now Submit the application along with the tenancy contract and other required legal documents for the final issuance of the business license from the DED

Documents Required for the Issuance of Trade License from DED

The following documents are required for the issuance of a Trade License from DED.

• Completely filled application form signed by the authorized signatory
• DED letter approving company name
• DED attestation letter approving the setup of the company
• Tenancy Agreement for the physical office
• Shareholder’s details and passport copies.

How to Renew Business License for your LLC Company in UAE?

The following are the steps involved in business license renewal for your LLC Company in Dubai.  The trade license renewal of an LLC Company in Dubai is done through the DED.

• Check your Tenancy Contract
• Get the Licensing Approval
• Submitting the Application
• Get the Transaction Number
• Make Payment to the DED

What are the ways to renew Business License for your LLC Company in UAE?

1. Renew Business License Offline

DED business licenses can be renewed through business consultants, authorized service agents, law firms, and DED branches across UAE.

2. Renew Business License Online

Business licenses can be renewed online via the DED website and Business Consultants via online portals and government e-Services.

3. Renew Business License via Auto-Renewal

DED has set up the auto-renewal process by sending an SMS to 6969. The renewal fees will be automatically generated and a payment voucher will be sent to the registered mobile number.

The payment can be made online or offline through authorized payment channels. The renewed trade license will be sent via SMS and email to the business owner.

Mainland Trade License Renewal

Every company operating in the UAE must have a valid Trade License to continue the business. The trade license has to be renewed every year by paying a renewal fee from the Department of Economic Development (DED) if you are an LLC company in Dubai or other emirates in the UAE.

To know more about LLC Company Formation in the UAE, connect with our expert consultants!

Contact: Aurion Business Consultants

The post Mainland Business License Types in UAE – All You Need to Know appeared first on AURION.

• 100% Foreign Ownership
• Tax-free Business Setup
• No Customs Duty on Imports & Exports
• World-Class Infrastructure,
• Easy Business Setup
• Global Market Access
• And many more…

Expert business consultants will guide you through the complete process of company formation in the UAE Free Zones ensuring a hassle-free company setup at the fastest possible time and lowest cost.

Type of Business License available in the UAE Free Zones

The following are the types of business licenses and allied activities for the investors to choose from based on their nature of business.

Commercial License

For all businesses involved in trading in and outside of UAE, a Commercial License is mandatory.

List of business activities under the Commercial License Category in UAE

• Computer Software Trading
• Plastic Bags & Containers Trading
• Medical Gas Trading
• Agricultural Pesticides Trading
• Acids & Alkaline Trading
• Wooden Products Trading
• Pipes & Fittings Trading
• Food & Beverages Trading
• Audio-Visual, Recording Equipment & Accessories Trading
• Perfumes & Cosmetics Trading
• Paper Products Trading
• And many more

Industrial License

An Industrial License is issued to all companies that are into the manufacturing of equipment, clothes, durable items, etc. For manufacturing or industrial licenses, the company must have a physical office in Dubai.

List of business activities under the Industrial License Category in UAE

• Garments Manufacturing License
• Pastry & Sweets Manufacturing
• Fabrics & Textiles Embroidering
• Carpets Manufacturing
• Mineral Water Bottling
• Fishing Net Making
• Uniforms Manufacturing
• Plastic Bottles & Containers Manufacturing
• And many more

Professional License

Professional Licenses are required by professionals, service providers, artists, etc. Professional License is for those who share their expertise as a service.

List of business activities under the Professional License Category in UAE

• Electronic Engineering Consultancy
• Mechanical Engineering Consultancies
• Science & Technology Consultancy
• Immigration Consultancy
• Corporate Services Provider
• Health Awareness Consultancy
• Marketing Research & Consultancies
• Project Management Consultancy
• Media Consultancy
• Event Management Consultancy
• Travel & tourism
• health & fitness consultancy
• Educational consultancy
• And many more

*Note: the list of business activities is mentioned here is not an exhaustive list, there are more than 3000 business activities listed by the Free Zones and DED in UAE. For more details on business activities, reach out to our business consultants.

For Free Zones, the business license renewal is done through the respective Free Zone Authority.

Business License Renewal in UAE Free Zones

For Free Zone companies, the license renewal is to be processed in the respective free zone through the Freezone portal. The Free Zones of UAE is out of the scope of the DED and is a separate Business Jurisdiction that has specific regulations, licensing procedures, and operations.

Business Consultants who have registered your company or new business consultants can assist you in Trade License Renewal even if you are out of the country or busy with your core business activities. Any delay and non-renewal of a Business License in Dubai attract penalties and could lead to the blacklisting of the company. Also, it will affect the business’s credibility and any future business operations

Hence, appointing a business consultant is the best option to avoid any hassles while renewing and also save on any late fee payments.

How Aurion will help you?

Aurion Business Consultants are the pioneers in the field of Company Formation and allied business services in the UAE. We are registered agents of all major free zones of the UAE.

Our experts are here to answer all your queries about Business Setup, License renewals, residence visa processing, corporate bank account opening, and whatever comes under the scope of company formation in UAE.

We will handhold you throughout the company formation and ensure you set up your business in the most comfortable manner. For any assistance on company setup, feel free to reach out to us right away!

Read more about Mainland Business License Types in UAE.

The post Business License Types in the UAE Free Zones – All You Need to Know appeared first on AURION.