Cost of Commercial License in Dubai ᐅ Make the right choice!

ᐅ What is the average cost of a commercial license in Dubai?
The average cost of a commercial license in Dubai can vary depending on several factors, including the type of business activity, the location of the business within the emirate, and any additional fees that may apply. Generally, you can expect the total expenses to range from AED 10,000 to AED 20,000, which includes government fees, registration costs, and other necessary expenses.

ᐅ Are there additional costs associated with obtaining a commercial license in Dubai?
Yes, there are additional costs to consider when obtaining a commercial license in Dubai. These may include fees for office space rental, local sponsorship, trade name registration, and miscellaneous administrative costs. Working with us at Cassius Law can help ensure you are fully aware of all potential expenses to avoid any surprise costs.

ᐅ How long does it take to obtain a commercial license in Dubai?
The timeframe to obtain a commercial license in Dubai typically ranges from one week to several weeks, depending on the business type and the incorporation process's complexity. By collaborating with our experts, you can streamline the process to meet your business timeline.

ᐅ What are the main steps involved in acquiring a commercial license in Dubai?
The main steps involved in acquiring a commercial license in Dubai include selecting the appropriate business activity, securing a local sponsor (if required), choosing a trade name, submitting the application, paying the necessary fees, and finally receiving the license. Our team at Cassius Law can guide you through each step to ensure compliance with local regulations.

ᐅ Is a local sponsor required for all types of businesses in Dubai?
No, a local sponsor is not required for all types of businesses in Dubai. If you are setting up a free zone entity, you can operate independently. However, for onshore companies, you typically need a local sponsor who holds at least 51% of the shares. We can help determine if a local sponsor is necessary for your specific business model.

ᐅ What factors influence the cost of a commercial license in Dubai?
Several factors influence the cost of a commercial license in Dubai, including the specific business activity, the location (mainland vs. free zone), office space requirements, and the duration of the license (one year or multiple years). Our legal team at Cassius Law can provide tailored advice based on your unique business needs.

ᐅ Can I apply for a commercial license online in Dubai?
Yes, you can apply for a commercial license online through the Dubai Department of Economic Development (DED) website. The online portal allows applicants to submit required documents and make payments easily. Our firm offers assistance to streamline this online process and ensure all documentation is accurately completed.

ᐅ What type of businesses are permitted under a commercial license in Dubai?
A commercial license in Dubai permits a wide range of business activities, including trading, general contracting, and various service-based businesses. It is essential to note that specific activities may require additional permits or licenses. We can help you identify the appropriate license for your intended business activities.

ᐅ What documentation is required to obtain a commercial license in Dubai?
To obtain a commercial license in Dubai, you typically need to submit a completed application, a business plan, proof of identity and residency for shareholders, a lease agreement for office space, and other relevant documents depending on the business type. Our experts at Cassius Law can assist in gathering and verifying all necessary documentation to avoid delays.

ᐅ Are there any tax implications for businesses operating under a commercial license in Dubai?
Dubai is known for its favorable tax environment, with no corporate taxes applied to most businesses under a commercial license. However, owners should be aware of potential service charges and fees applicable to specific industries. We can help you navigate potential tax obligations and ensure compliance.

ᐅ What are the penalties for not obtaining a commercial license in Dubai?
Operating without a commercial license in Dubai can lead to significant penalties, including fines and shutdowns. Additionally, it can impact your business's credibility and opportunities for future growth. We emphasize the importance of compliance to safeguard your investments and reputations.

ᐅ Can I renew my commercial license in Dubai, and what is the process?
Yes, commercial licenses in Dubai can be renewed annually. The renewal process typically involves submitting an application, ensuring compliance with regulations, and paying the required fees. Engaging with us at Cassius Law ensures that you have all the right information and processes in place for a seamless renewal.

ᐅ What support does Cassius Law offer for obtaining a commercial license in Dubai?
At Cassius Law, we provide comprehensive support for businesses seeking to obtain a commercial license in Dubai. Our services include legal consultations, documentation assistance, navigating regulatory requirements, and ensuring compliance with local laws. Our experienced team is committed to helping you successfully establish your business.

ᐅ How can I contact Cassius Law for assistance with a commercial license?
You can easily contact Cassius Law through our website or by phone to schedule a consultation. Our team is eager to assist with your inquiries regarding the commercial license process and beyond. We look forward to being your trusted partner in navigating the complexities of business regulations in Dubai.