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Cheapest General Trading License in the UAE: A Comparative Analysis
The UAE is a sought-after destination for entrepreneurs and investors due to its strategic location, tax-free environment, and excellent infrastructure and remains an exception in the global trade market, providing an ideal platform for businesses to expand their reach globally. To set up a business in the UAE, a business license is required, and the General Trading License is the most popular option for trading businesses, giving you the flexibility to engage in various business activities, including importing and exporting goods and providing logistics and transportation services. Lets take a look at the options for cheapest General Trading License in the UAE.
Cheapest General Trading License in the UAE
If you’re planning to start a trading business in Dubai Mainland, you’ll need a Trade License that costs at least AED 15,000 to begin with. This license allows you to carry out general trading activities both locally and globally. However, keep in mind that you’ll also need to rent an office space that meets the regulations set by the DED, with rental expenses varying based on the office size and location. It’s important to note that visa costs are not included in these expenses, so be sure to factor them into your budget.
Dubai Free Zone:
Dubai free zone is one other option you should consider as you get to enjot many advantages like complete ownership, tax exemptions, and no currency restrictions. But, it’s important to remember that each free zone has its own set of regulations and licensing requirements. The cost of a general trading license in Dubai Free Zone can start at AED 12,900, but the exact cost may vary depending on which Dubai Free Zone you choose. The best part? You won’t need to rent an office space! Keep in mind that the cost of the license doesn’t include visa expenses, so make sure to factor that into your budget.
UAE Free Zone:
In addition to Dubai Free Zones, there are other free zones throughout the UAE that offer general trading licenses. The starting cost for a trade license is AED 8,000, making it the most affordable option for a general trading license in the UAE but keep in mind that the final cost may vary depending on your specific business requirements. This type of license is suitable for running an ecommerce enterprise without the need for a physical office space. It’s important to note that visa expenses are not included in the cost of the license, and should be taken into consideration when budgeting for your business.
The UAE has different options for entrepreneurs to start or expand general trading businesses, each with advantages and requirements. With its strategic location, tax-free environment, and excellent infrastructure, businesses have an ideal platform to expand their reach globally, making UAE the right place to start your general trading business.
How Can We Help
Choose UAE is your all-around service provider for setting up and growing your business in the UAE. Our team of experts in business formation can assist you in making well-informed decisions, including selecting the most suitable jurisdiction for your business and identifying the services required to help you scale up. Contact us to experience general trading licensing like no other.