Quick and Easy instant license in dubai | UAE , 2024
Dubai is acknowledged as the Middle East’s center of commerce. Its corporate-friendly legislation, zero taxation policy, first-rate infrastructure, and robust economy all draw in foreign investors. Foreign entrepreneurs are eager to launch businesses in the United Arab Emirates.
Furthermore, the most recent measures from the government, such as the instant trade license Dubai, simplify the process of starting a business in Dubai. To begin conducting business operations, investors can apply for a Dubai instant license to receive a commercial business license.
What is an Instant License in Dubai?
Potential investors can obtain their business license in a single step with an instant license in Dubai. The name implies that you can obtain an instant trade license right away. It is open to everyone who wants to start trading in Dubai and engage in professional business activities. The aim is to enhance the country’s economy by drawing in prospective investors and streamlining the process of starting a business in Dubai. Using a digital website, an instant license can be obtained in 5 to 10 minutes, virtually instantly.
A Dubai instant license does not require a 12-month lease. However, standard company licenses also require essential tenancy contracts. The investor ensures that market access is provided quickly and for a very small price by doing this.
Benefits of Instant License in Dubai
- The bare minimum of paperwork is given
- Obtain your license in only a few minutes.
- Simple web application
- An affordable process for registering a business
- There is no need for any more requests or authorizations.
- Next year, begin relocating your workplace into a physical space.
- You can work remotely throughout the first year of operation.
- A Memorandum of Association does not have to be drafted or notarized. (MOA)
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Eligibility to apply for an Instant trade license in Dubai
Only businesses engaged in professional and commercial operations are able to apply for immediate licensing. However, you are unable to use this license if the actions you have selected call for outside authorization from the government or any agency that the government has authorized. To obtain the instant license Dubai activities list, contact ICONS’s business consultants.
In addition, the following types of companies can also obtain an instant license in Dubai
- Limited Liability Company
- Civil company
- Sole proprietorship
How do you apply for an instant license in Dubai?
You can submit an application for an instant license in Dubai through an organization or business that has appointed a counselor. A professional in the field is a valuable asset when starting a new business overseas. The process’s dos and don’ts might be better understood with the aid of an expert business consultancy like ICONS. We can also help you organize the necessary paperwork and submit a simple application for an instant trading license.
- Consult a business consultant and follow these procedures to apply for an instant trade license:
- Select an application for a business organization.
- From the DED's list of authorized activities, pick a business endeavor.
- Select a trade name and decide on the company's ownership structure.
- Determine the share capital of the business and complete the required application paperwork.
- Upon submitting the necessary paperwork, a payment voucher will be issued.
- Once the payments are paid, you will receive an instant license in less than a week.
Documents Required for DED Instant Business License In Dubai
In order to obtain an instant license in Dubai, investors must provide the relevant authorities with the following documentation.
- An Emirates ID and residence visa copy or visit visa copy
- Copies of the local sponsor's passport and Emirates ID
- Passport copies of the business owner and all the shareholders
Instant license Dubai cost
When it comes to DED instant license cost, investors need to know how much they need to spend and whether or not it is worth applying, even though it is a less expensive choice than the usual approach.
In Dubai, the total cost of an immediate license usually varies between AED 12,500 and AED 28,500. It also covers the cost of the license, trade name registration, first approval, visa application, and virtual office rent.
How ICONS Can Help You Get Your Instant License?
ICONS is a group of professionals with experience in consulting and setting up businesses. We have a strong commitment to helping aspirational and goal-oriented SMEs and ambitious business owners realize their dreams. Our experts are here to help you expedite the business formation and license approval processes.
Our goal is to help you launch a company in the United Arab Emirates. Our experts will take care of all the paperwork required to obtain a license for you immediately in Dubai and will offer you advice on the kind of business endeavor that will yield the best returns.