Types of trade licenses:
Normal License:
A site lease contract and a Memorandum of Association are mandatory for the license to be valid. These documents can be acquired manually or online.
Instant License:
This license is issued for a group of actions that doesn’t require outside approvals, with a single step process and within 5 minutes. There is also a choice to issue a memorandum of association and a virtual site for the maiden year. Along with the license the following services are provided concurrently:
- Dubai Chamber membership will be issued for commercial activities.
- The establishment card issued by the esteemed General Directorate of Residency and Foreign Affairs
- The Ministry of Human Resources and Emiratization will issue the establishment card. Upon a formal approval from the customer through a text message, a file regarding the employment for 3 employees will be opened automatically. The opening of the establishment card also goes through similar process. The legal forms listed below are eligible for this license type.
License Type
Limited Liability Company (L.L.C)
Limited liability company Single owner (L.L.C – SO)
Sole Establishment
Civil Company