U.A.E. trade license
UAE Economic Department is the liaising authority to issue trade licenses. In some categories of business, it requires approval from concerned ministries and relevant authorities: for example, banks and financial institutions should have permission from the UAE central bank; insurance companies and related agencies from the Ministry of Economy and Commerce; manufacturing Entities from the Ministry of Finance and Industry and pharmaceutical and medical products from the Ministry of Health. More detailed procedures apply to businesses engaged in oil or gas production and related industries.
Types of trade license
All business activities in UAE can be categorized into is one of the following types of licences.
The Authorities also issue some special licenses such as Business Operation Permit, Entrepreneurial Business License etc. Subject to certain criteria.
Useful tips for business owners
In general, there are no income taxes and if you are planning to start professional practice, you can own the company 100%.
What are the requirements for obtaining a trade license?
While planning your business in UAE, it is worth to pursue the following legal requirements applicable to all concerned government authorities in order to guarantee maximum commercial benefit for the business owner.
Renewal of trade license
One can conduct business in UAE with a valid trade licence. HLB Hamt offers complete assistance in renewing the trade licence. We will promptly remind when the license is due for renewal.
Limitless International Holding Limited
Our services include:
• International taxation
• Global corporate formation and management services
• Global trust, foundation and fiduciary services
• Global trade services including documentary credits and logistics
• Family and private office solutions in all aspects of structuring and VIP client needs
• Succession and wealth planning for wealthy individuals, conglomerates and oligarchs
Please contact us:
limitless international holdings limited
Price $ 5000