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The Instant Licence service is the winner of the ‘Flag’ of the Hamdan bin Mohammed Programme for Smart Government 2019. It enables business owners to obtain their commercial licences in one step within five minutes.
As many you asked, how much does an instant license cost in Dubai? The cost of the Instant License in Dubai is just AED 3,000. This includes the cost of trade name registration. If you are new to the UAE, you will also need to factor in the cost of your visa application and those of any dependants.
In this regard, what is instant license by DED? What is an Instant License? The Instant License is a trade license available to those intending to carry out commercial or professional business activities and can be obtained within minutes. For an instant license, you do not need to submit following documents to the Dubai Economy (DED): Office Tenancy Contract.
You asked, how many types of license are there in Dubai? There are six types of license: commercial, agricultural, craftsmanship (or occupational), professional, industrial and tourism. Such licenses are issued by the Abu Dhabi Department of Economic Development.
Likewise, how much does a trade license cost in Dubai? Generally, the cost of a trade license in Dubai ranges from AED 15,000 to AED 50,000. However, this can even rise further depending on the types of goods you want to sell, which might require special approvals by the UAE government.If you are considering a general trading instant license in Dubai, you need to obtain the Dubai Smartpass ID, in addition to applying for DED e-services. Alternatively, you can apply for a Dubai instant license through e-services. It will not seek any additional documents.
How do I get a instant trade license?
- Apply online for the Dubai instant license through DED’s e-Services platform.
- Apply in-person at Service Centres, Happiness Lounges, and Smart Lounge.
Which is the cheapest Freezone in UAE?
Ajman Media City is the cheapest free zone in UAE. This freezone offers investors a range of business activities and business license types at the lowest cost.
Which is the best free zone in UAE?
- Jebel Ali Free Zone Authority (JAFZA)
- Dubai Multi Commodities Centre (DMCC)
- International Free Zone Authority (IFZA)
- Fujairah Creative City Free Zone.
- Sharjah Media City Free Zone (Shams)
- Sharjah Publishing City Free Zone (SPCFZ)
- Ras Al Khaimah Economic Zone (RAKEZ)
How much money do I need to open a cafeteria in Dubai?
On average the approximate cost to open the cafeteria is between 150,000 AED to 200,000 where’s the major cost is the rent of place, interior fit-outs and hiring staff.
What are the 3 types of trade license?
- Shop License. This license is required for anyone who wants to open a shop.
- Industrial License.
- Food Establishment License.
What is UAE trade license?
The most employed type of business permit is the trade license in Dubai, also referred to as the commercial license and which designates most of the activities that can be carried out across the UAE. The trade license is issued by the Department of Economic Development (DED) in Dubai.
What is instant license Abu Dhabi?
The Instant License initiative from the Department of Economic Development (DED) is a service whereby businesses can secure their commercial license in one-step within five minutes without having a company’s lease or location for the first year only.
Is online selling legal in UAE?
UAE government has been cracking down on illegal websites selling products. They shut down several online sites in 2018. Under the law, residents must secure a license to operate before selling anything. … Failure to comply with this law will make any online business illegal and is tantamount to paying penalties.
Do I need a license to sell online in UAE?
In the UAE, residents are required to have a trade licence in order to carry out any commercial activities online.
What is eCommerce license?
The eCommerce licence (Tajer Abu Dhabi) The eCommerce licence from Abu Dhabi Department of Economic Development (ADDED) allows entrepreneurs to add their online trade activities to their existing licences, or obtain a new licence to conduct business through websites and social media networks.
Can I invest in Dubai?
Similarly to Dubai’s capital markets, access for investors can be issued through the Dubai Financial Market. If you are yet to gain an investor account, you can open one directly through the DFM, Nasdaq Dubai or with a licensed brokerage firm.