Establishing a business in Dubai requires a trade license from the Department of Economic
Development (DED). There are four main types of licenses: professional, commercial, industrial,
and general trade licenses. The process involves choosing your business activity, selecting a
company name, and submitting the required documents like the Memorandum and Articles of
Association.
A General Trading License allows businesses to import, export, and trade a variety of goods. This
type of license enables companies to operate both domestically and internationally, dealing in
products like electronics, food, and furniture. The DED issues this license, and it is benecial for
businesses that wish to engage in diverse trading activities.
To continue operations, businesses must renew their trade license annually. This involves
submitting updated paperwork and ensuring that the tenancy agreement is still valid. Jeem Business
Services assists with the trade license renewal process to help your business stay compliant.