How to Get a Trade License in Dubai Without an Office?
Thanks to its foreign-investor-friendly policies, Dubai has become a top destination for entrepreneurs, freelancers, and business owners who wish to expand their business in a premium location with abundant opportunities for economic growth. Just like every other destination, businesses must secure a Trade License to legally start business in Dubai.
While the process for acquiring a trade license is straightforward, businesses or their representatives must accomplish certain requirements and provide legal documents to support their application. If it’s your first time applying for a trade license for a new business setup Dubai or you are not familiar with the legal processes, it is highly recommended that you get professionals to do the work for you to avoid delays and additional fees in getting your requirements.
One of the requirements for acquiring a trade license is providing the location where you intend to operate your business. In most cases, businesses opt to rent coworking office spaces to obtain the address and provide their staff with a space where they can work in a professional environment.
If the nature of your business does not require a physical office to operate, there is no need for concern in acquiring a license. The Department of Economic Development and the free zones in Dubai and the UAE have license packages for virtual companies. These packages enable small businesses to acquire a trade license and operate legally even if they do not have a physical office or dedicated workspace in Dubai.
Small businesses or entrepreneurs can apply for an Instant Trade License, a variation of the normal trade license. With this license, you are not required to
- carry out the Memorandum of Association
- have a trade name registration for the first year
- have a physical office
To get this license, you will need to provide a copy of the following documents:
- passport of all partners and managers
- Visa (if applicable)
- residence Visa and a No Objection Certificate (if applicable)
Keep in mind that this type of license is only applicable to businesses activities that do not require external approvals.
While not having to pay for a physical office can lessen your business setup Dubai cost, consider asking experts if this license is applicable to your business, so you can plan accordingly.
If you need help in processing the requirement for an instant trade license or you’re looking for a new office for your growing team, feel free to reach out to our team of experts.
At Austria Business Center, we offer a range of business solutions to meet the needs of your business. We offer offices for rent where you and your team can move in as soon as possible.