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Providing you seek the help and guidance of an experienced company formation specialist, obtaining a commercial license in the UAE is very straightforward.
There are just three simple steps involved, culminating in your license application.
One of the most important considerations when establishing your UAE business is whether to set up in a free zone or in the mainland. There are many advantages to both. Free zones such as Fujairah Creative City offer benefits such as a quick and easy incorporation process, ongoing business support and financial incentives such as tax exemptions and zero currency restrictions. There are several types of free zone licences available. Many free zones offer a range of license types including industrial, commercial and e-commerce and professional services. You’ll also find a range of licenses available on the mainland. Mainland businesses can trade directly with the UAE market and take on potentially lucrative government contracts. The setup that’s right for you will depend on the nature of your business. An expert in company formation can help you make this decision, advising on the best option for your specific requirements.
Choosing a company name is a hugely important step in establishing a UAE business. There are a few things to keep in mind when making this decision. You must abide by a strict, yet easy to follow, set of naming conventions. Once again, a company setup expert can help you with this step. In short, you should avoid any offensive or blasphemous language. Avoid names of well-known organisations and avoid abbreviations if naming your company after yourself – i.e. Dave Mann Consulting, rather than D Mann Consulting. You must also check that your chosen name is available to register.
The final step in the process is making your commercial license application. If you are setting up in the mainland, you can apply directly to the DED. If you have chosen a free zone setup then you can apply directly to the free zone. In any case, it is a good idea to instruct the services of a company formation specialist at this stage to ensure a fast and smooth process.
