Types of business licenses in Dubai, UAE

Types of business licenses in the UAE - Makebiz

Every type of activity in the UAE must be licensed. There are 3 license types in total and dozens of different Activity groups within each license type:

1. Commercial (trade, it is also called Trade License) – everything related to the trade and sale of goods.

2. Professional (Professional) – everything related to professional services. Marketing and advertising agencies, consulting companies and the like.

3. Production (Industrial) – everything related to the production of various goods. The production license also includes the sale of manufactured goods. Any production implies that goods are produced for the purpose of their further sale.

There are more than 2,400 types of licenses in the Mainland (main land), and several thousand more in the Free Zone. When choosing a license, it is necessary to specify exactly what the company will do, otherwise there may be serious difficulties with opening a corporate bank account and interacting with counterparties.

Each license can be compared with OKVED (general classifier of economic activities) in Russia. In Russia, when opening a legal entity, you can add a large number of OKVED from completely different areas of business, which cannot be done in the UAE.

How to choose a suitable business license in Dubai, UAE?

Our company’s specialists have extensive experience in registering a business in the UAE and will help in selecting a suitable license, taking into account the specifics of your business. Sign up for a free consultation and find out all the subtleties and nuances of different types of licenses and types of companies.

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