When it comes to starting a business in the UAE or operating it, a business licence plays the key role. It is necessary to have a business or trade licence to regulate business activities in your desired location in the UAE and also avail the benefits offered by the government. In the UAE, there are various types of trade licences issued by the Department of Economic Development. The category of these licences basically depend on the business activity. In this write-up, we are going to discuss the types of business licences and importance of trade licences in Dubai.

Trade Licence in the UAE- Types
Commercial Licence- This licence is for all general trading and also specialised trading activities.
Professional Licence- This licence is for business enterprises associated with service-oriented activities.
Industrial Licence- This licence is for establishments associated with industrial and manufacturing activity.

How to Get a Trade Licence in the UAE:
When you are planning to obtain a trade licence in the UAE, you have to perform a few steps and fulfill the requirements given by the government. It is important to understand the legal requirements, focus on the governmental necessities and complete each and every step to achieve the goal.

Firstly, you have to specify the category of your business while applying for a business or trade licence.
Secondly, you have to mention any of your business activities that are adjacent business activities operated by your company.
Thirdly, you have to decide on the trading name of the business depending on what type of business you are starting.
Fourthly, prepare all necessary documents and submit the application to the Department of Economic Development to get the initial approval.
Fifthly, register the trading name with th4 concerned department.
Sixthly, rent or lease a business premises and submit the tenancy papers to the authorities concerned for the approval.

Finally, submit the final application and the fee mentioned by the Department to get your trade licence.
If you want to apply for a trade licence or renew an exciting licence in the UAE, contact a consultancy firm and get their expert guidance. They can simplify the process and guide you in every step. Visit the website of a trusted consultancy firm to learn further.

For more information, visit: https://www.probitycorporate.ae/services/licensing-licenses-amendment-and-renewal-dubai-uae