Before you start your company, you must have a business license in Abu Dhabi. There are several types of business licenses in Abu Dhabi. You can learn more about the different types of licenses in this article. If you want to start your company in the UAE, you must also get registered with the Abu Dhabi Chamber of Commerce. Then, you can start your operations. After getting registered, you must submit all documents to DED for approval. Let’s know more about Business license in Abu Dhabi & Sharjah.
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Obtaining a business license in Abu Dhabi
There are many benefits of obtaining a business license in the UAE. Depending on what type of business you are planning to operate, there are different government departments that you can apply to. A business license can be obtained through the Department of Economic Development, the Department of Culture and Tourism, the Department of Specialized Economic Zones (HSEZ), or Masdar, the Abu Dhabi Future Energy Company. The General Directorate of Residency and Foreigners Affairs can also issue an investor visa. When applying, make sure to specify the kind of business you plan to conduct. Obtaining a license requires the approval of the relevant entity, an inspection of your business premises, and membership of the Abu Dhabi Chamber of Commerce and Industry.
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Czar makes it easy to get Business License in Abu Dhabi & Sharjah, do visit its official site to get more info. Once you’ve chosen a business license, you must fulfill the necessary requirements. Select an appropriate trading name and trade name. Then, you must obtain approval from the relevant government bodies. Once you’ve obtained these approvals, you can apply for a business license. The license will be issued to you within a few days. Make sure to submit all of the necessary documents, including a copy of your passport and proof of address. In addition, you should also submit a bank reference letter.
Types of business licenses in Abu Dhabi
There are several types of business licenses in Sharjah. The most common ones are for specific trading functions, such as healthcare and agriculture. You will need to sign a contract with the regional governmental authority in order to obtain one of these licenses. A license is also required for agricultural businesses, even if you are only working in the country’s arid deserts. This article will give you an idea of the different types of licenses you may need.
Basically, there are six main types of business licenses in Abu Dhabi. These include: (1) a representative office, (2) a branch office, and (3) an industrial license. Representative offices are limited to marketing and gathering information on behalf of a parent company. A representative office should not enter into contracts and should only refer customers to the parent company for any type of business. Branches, on the other hand, are full-fledged businesses and are granted a commercial license. A branch office’s activities must be specified in the trade license. The license must be ancillary to the parent company’s activities, as well as any regulations.
Some types of business licenses are restricted by type. For example, a portal license will not allow you to sell handcrafted products if you’re running an online business. On the other hand, a general trade license is required by the Department of Economic Development to conduct offline and online trade. The license can be obtained for businesses that offer a wide variety of goods or services. Once you have the right license in hand, you can trade in the UAE’s affluent economy.
Cost of a business license in Abu Dhabi
The cost of a business license in Abu Dhabi varies, depending on whether you’re planning to run a multi-national operation or a one-man operation. In general, a regular business license costs Dh 7,000, while a limited liability company costs AED 6,850 per year. There are no visa requirements for a limited liability company. You can also get a one-man operation license for Dh 2,500. You may also receive a business license in Sharjah.
Several government entities charge fees for different activities. In addition to a blanket fee, a business license will require membership in the Abu Dhabi Chamber and pay regulatory fees. These fees may be waived or reduced, depending on the type of business. Additionally, if you plan to hire staff, you may need to pay fees to Immigration and the Ministry of Labour. The fees vary from business to business, but the overall cost of a business license in Abu Dhabi is lower than in other emirates. The government of Abu Dhabi has reduced the fees for new companies and license renewals to encourage businesses to establish or expand their operations in the UAE. According to Jessica Ashford, Deputy CEO of PRO Partner Group, the fees have been reduced to help entrepreneurs start and expand their businesses. However, it will still take some time before you start earning money.
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