Commercial Licenses
A general license issued for new businesses is termed as commercial license. Any business that intends to do any form of sale or trading necessarily need to obtain a commercial license in UAE. Any business types that do not otherwise fall under the category of industrial, professional, or tourism license, all other business activities will be categorized as deemed to have a commercial license. These business types may include general trading, import and export, logistics, healthcare, contracting, financial products and services, merchant establishments, retail etc. Any business irrespective of whether a Limited Liability Company, a partnership firm, or a sole proprietorship can apply for a commercial license.
Why to have a commercial license
Exemption from corporate tax Trade anywhere in the UAE Relaxed norms for VISA procedures for expatriate workers Easy sponsorship for dependents Easy processing Able to trade in large product categories International trade possibilitiesTeam Fame help in the documentation and processing for applying for commercial license. The initial steps include preparation of Memorandum of Association and registering for VAT if applicable. With a dedicated team for license processing we are able to help the clients in obtaining commercial license quickly.
