General Trading License

How to Start a General Trading Business in UAE ?

One of the most popular business activities in the UAE is General Trading as many clients wish to take advantage of Importing and Exporting with no taxes. A General Trade license gives you the freedom and flexibility to trade in just about any commodity allowable under the DED Activity List. There are certain commodities that are not permitted to be traded with a General Trading license and those are the type of products that require special approvals or clearances from different UAE Municipalities. Examples of these type of products are medical products, guns, alcohol and cars as they all need special approvals and cannot be traded under a General Trade license. These products are allowed to be traded however under a specific Commercial Trade license and with the proper approvals.

Some of our clients, who setup a General Trading company, had their first activity as trading in garments. After time, they realized that they could make more money trading in computer products as the UAE advances in technology and cities like Dubai are moving closer to a Smart City. Because this company had a General Trading License, they did not have to apply for a completely separate license in order to start trading in computer products. If they had a specific Trade License in Garments only, they would have to pay more money and go through a process of adding the activity to trade in computer products. Like this company, it is wise to choose a General Trade license from the start because it allows you to shift in business practices in the future.

General Trade License

Setting up a General Trading Business in the UAE is not difficult. Many free zones offer the license as do various local departments of economic development in all the Emirates.

But with all of the choices, which option is the best for you? If you are looking to have 100% ownership of your company, a free zone is your only option and some would say it’s the best. I would recommend the Ajman Free Zone is the best options and highly recommended, that is due to their low costs, strategic locations and ease of doing business.

AJMAN FREE ZONE LICENSE PACKAGE

  • Trade License
  • Smart Office ( Free Electricity / AC / Furniture / Name Board )
  • Chamber of Commerce Certificate
  • Lease Agreement
  • Establishment Card
  • 2 VISAS + Family Sponsorship

ADVANTAGES

  • 100% Ownership
  • No Sponsor ship
  • No Capital Required

Ajman free zone offer deep water ports, warehouses and located near the Sharjah airport.

If you would like more information on setting up a General Trading Company in Ajman free zone, feel free to contact us at info@afzauae.com or call /wtzup Mr. Abdul Salam on +971 55174 5764 We can provide you with all of the necessary information including costs, steps/procedures, estimated timeline and how our company will assist you.

EBMS

Tel : 06 740 42 11

Email : info@www.ebmsbusiness.com

General Trading License full payment plans 0 to 6 visa package

License and Visa Rates (AED) Consultancy (AED) Total (AED)
0 Visa* 16,500 4000 20,500
1 Visa 23,100 4000 27,100
2 Visas 24,700 4000 28,700
3 Visas 26,300 4000 30,300
4 Visas 27,900 4000 31,900
5 Visas 29,500 4000 33,500
6 Visas 31,100 4000 35,100

PLEASE NOTE: Medical, Emirates ID and Status Change Cost is not included in this.

General Trading License on installments from 0 to 6 visa package

License and Visa Down Payment Installments
0 Visa* AED 4,500 11 x AED 1,719
1 Visa AED 5,500 11 x AED 2,489
2 Visas AED 5,750 11 x AED 2,670
3 Visas AED 6,000 11 x AED 2,852
4 Visas AED 6,250 11 x AED 3,034
5 Visas AED 6,500 11 x AED 3,216
6 Visas AED 7000 11 x AED 3,398

Partnership - 500 Memorandum of Association( If adding Partner)

Visa Type Visa Cost
Investor/Owner Visa Application and Stamping 4500 AED/3 years
Employee Visa 4000 AED / 3 Years

PLEASE NOTE: Medical, Emirates ID and Status Change Cost is not included

Package includes

  • License
  • Company Name Approval
  • Certificate of Formation
  • Share Certificate
  • Memorandum of Association
  • Establishment Card
  • Lease Agreement
  • Company Stamp
  • Web Domain
  • Business Bank Account Assistance
  • Visa Application submission
  • Visa Stamping
  • Passport Collection
  • Vat Registration

Required Documents

  • Colored passport copy
  • Visa Status (Visa page/ visit visa/Visa cancelation
  • 3 Company names
  • 2 photos white BG

Process Time Line

  • Name Approval 2 hours
  • License 3 – 5 working days
  • Visa 7 – 10 working days
  • Visa stamping 7 working days
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