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Free Zone Business Trade License

Getting a free zone business license in UAE is one big of a deal breaker that allows you to start your own company. Having a business in Dubai UAE is an incredible way to jumpstart your organization.

With new laws that were enacted in 2017. For entrepreneurs trading and beginning a startup has become easier than ever. With multiple tax exemptions and lenient laws. You will surely be able to kickstart your venture in no time. However, one vital thing you need before you begin trading officially is a free zone business license that will officiate your venture.

Although we are always here to serve our help to get you a license. Here are some important pointers you need to know about a free zone business license:

The types of free zone business license:

When the companies we serve were approved for the Free Trade Zone. The official Free Zone Authority gave them one of the following types of free zone business license. It is also important to note that a free zone business license can be renewed on an annual basis. As long as the lease agreement you have enacted is still in force.

Companies that have obtained a trade license or an industrial license can only begin their venture within a Free Zone or abroad. And to sell your product or provide a service in the United Arab Emirates, you will need to use an official UAE agent. And this is why we are here. Our services also include aiding you with services that an agent provides so you can always have coordinated and organized help along the way. The main reason why you need a free zone business license is to allow you to begin your venture so you can become established as soon as possible.

A trade license: free zone business license for companies operating abroad

Many companies that are being served and helped by us daily, are officially and legally incorporated and established outside the United Arab Emirates that are permitted to import and export are only allowed so because of a Trade license. If you believe that the venture that you want to plan and expand is one that is involved in exporting and importing, then you can retain 100% ownership and no license will be required from you from the Economic Department.

An Industrial License:

If you want to begin an industrial plant or set up in the United Arab Emirates and also within a Free Trade Zone, you will be provided with an Industrial License by the government of the United Arab Emirates.

Another benefit of this license is that you will be able to retain and control 100% of your company. Without having to forego any to local partner companies. And this is possible for you even without a license from the Economic Department. That mainly issues licenses to those corporations and organizations that wish to operate outside a Free Trade Zone in the United Arab Emirates. Many of our clients operate an industrial unit in UAE. And have easily obtained a free zone business license for their activities.

A service license:

If you wish to begin a service incorporated business in the United Arab Emirates. Then you would have to obtain a valid service License. The companies we provide our services to in the UAE can offer banking, contracting and other services in the region. However, you will have to abide by any legal and official requirements that may be entrusted upon you by the governing body.

After obtaining a free zone business license for your services. You will easily be able to operate your venture without any hassles. Also, if you want to begin an official service business in this region. Then you must know that we extend our services to those who wish to do so. From client that manage banking to entrepreneurs who have begun charitable organizations. We have served them all and the numbers keep adding up.

A national Industrial License:

If you are an industrial manufacturer. You will be granted a national Industrial license. And hereafter you will be accorded the same status as is held by a local. Or any GCC company in the United Arab Emirates.

An innovation license:

As we all know Dubai is remark as an upcoming an innovative city. The primary focus of this region has been mainly on business entities that build innovative models. Keeping this in mind, if you like some of our other clients wish to innovate in a free zone then an innovation license is what you will require. This will easily allow you to officially and legally obtain an overall free zone business license. And start innovating in no time.

An offshore registration

For a free zone business license. An offshore registration can only be initiate when an established limited liability company into existence. If you have such a company, you are not mandate to hold an official license. However you will need a certificate of incorporation for your business.

Now that we know about all the types of licenses. That the government of the United Arab Emirates grant. Let’s move on to inform you about the types of entities that are granted a license:

A multiple shareholder company:

Don’t worry, the name may sound very official but the number of shareholders will range from 2-50. You can have an individual or a business for this type.

A single shareholder company can also easily obtain a free zone business license

An existing business entity that well established is also qualified to obtain a free zone business license

Now that you are aware of all the types of licenses. And the kinds of entities that require one. You have all information of the free zone business license requirements that you will have to look to. Make sure you have excellent guidance and that’s why we are here for you.

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