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
- 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 [email protected] 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.
Tel : +971 4 526 1888
General Trading License full payment plans 0 to 6 visa package
|License and Visa||Rates (AED)||Consultancy (AED)||Total (AED)|
PLEASE NOTE: Medical, Emirates ID and Status Change Cost is not included in this.
|Visa Type||Visa Cost|
|Investor/Owner Visa Application and Stamping||4500 AED/3 years|
|Employee Visa||4000 AED / 3 Years|
Partnership - 500 Memorandum of Association( If adding Partner)
PLEASE NOTE: Medical, Emirates ID and Status Change Cost is not included
- 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
- 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