If you’re considering setting up a business in Dubai, the General Trading License could be your key to success. This license allows you to trade a wide range of goods—anything from electronics and furniture to food and pet supplies—under a single license. Here’s everything you need to know about how this license can benefit your business, what it covers, and how to get started!
What is a General Trading License in Dubai, UAE?
A General Trading License in Dubai is one of the most versatile licenses, enabling you to import, export, and trade across many sectors. This license is especially beneficial for entrepreneurs and businesses that want the freedom to trade in various commodities, except for certain restricted items (like tobacco and oil).
Benefits of a General Trading License in Dubai, UAE
A General Trading License opens up endless opportunities for business growth. Key advantages include:
- Industry Flexibility: Trade across multiple sectors without the need for additional licenses.
- Partner-Friendly: Easily add or remove business partners to accommodate growth.
- No Hiring Limits: Grow your team as much as needed—no restrictions on hiring.
- 100% Profit Repatriation: Repatriate all profits and enjoy exemption from import duties.
- World-Class Infrastructure: Access to Dubai’s premium logistics, storage, and transport facilities.
- Expanded Visa Options: Scale your workforce with an increased visa quota as your business grows.
Steps to Obtaining a General Trading License in Dubai, UAE
Ready to start? Here’s a step-by-step guide to acquiring your General Trading License in Dubai:
1. Company Registration Begin by choosing your business activities and a trade name that aligns with UAE naming regulations. Submit an initial approval form, and if approved, receive your General Trading License within hours.
2. Register for E-Channel Services & Get Entry Permit Registering for UAE e-channel services helps reduce paperwork. Next, apply for an entry permit, valid for 60 days, to proceed with the setup.
3. Status Change Activate your entry permit by updating your status. This can be done within the UAE or by re-entering based on your nationality.
4. Emirates ID Registration Complete a medical check, and apply for your Emirates ID. Your Emirates ID is essential for banking, renting property, and other official matters in Dubai.
Forever Rich Accounting & Tax Services makes the process easy, guiding you through each step with expert assistance to ensure you get your General Trading License without hassle.
Cost of a General Trading License in Dubai, UAE
The cost of a General Trading License depends on various factors, such as:
- Business Activity Type
- Business Structure
- Visa Quota
- Number of Business Partners
- Office & Warehouse Space Needs
For a personalized estimate, reach out to Forever Rich Accounting & Tax Services. We’ll provide a detailed cost breakdown tailored to your business requirements.
Why Choose Forever Rich Accounting & Tax Services?
With deep expertise in UAE business laws and regulations, Forever Rich offers a hassle-free, cost-effective approach to obtaining your General Trading License. Our experienced consultants provide personalized guidance and support throughout your business setup journey in Dubai.
Let’s Make Your Business Vision a Reality! Contact Forever Rich Today
📞 +971 58 836 3280