{"id":352,"date":"2016-03-15T12:19:38","date_gmt":"2016-03-15T12:19:38","guid":{"rendered":"http:\/\/www.dubaifreezone.ae\/blog\/?p=352"},"modified":"2016-03-15T12:36:04","modified_gmt":"2016-03-15T12:36:04","slug":"company-incorporation-dubai","status":"publish","type":"post","link":"http:\/\/www.dubaifreezone.ae\/blog\/company-incorporation-dubai\/","title":{"rendered":"Company Incorporation Dubai"},"content":{"rendered":"

Dubai is the only city to be most attracted by the foreign investors to start their business. Main specialty about Dubai is that more trade activities are taking place from very long time period.<\/p>\n

Company Incorporation in Dubai<\/strong><\/p>\n

For the new entry of business in every country there will be certain rules and regulations to be followed for our future benefits and safety. Similarly here telling about Dubai it is nothing surprising that the business setup are rising every time. UAE nation provided with many added on benefits for the company formation in Dubai.<\/p>\n

Company formation process in Dubai <\/a><\/strong><\/p>\n

Every business originating in Dubai must have the license for the further company registration procedures. Department of Economic Development is the place where the business license requirements are monitored with the institutional support from the Dubai Chamber of Commerce & Industry.<\/p>\n

Dubai Chamber of Commerce and Industry is the legal body which regulates and controls the licensing process for company registration in Dubai specifying the rules that are needed for the company\u2019s lifetime. It was actually formed in order to activate industry as well as all the internal and external trade in UAE nation and also to prepare studies relating to industrial and commercial activities.<\/p>\n

Types of Licenses issued in Dubai<\/strong><\/p>\n

For every business in Dubai the need of license is mandatory, the license types vary in accordance with the nature of business activities.<\/p>\n

Trade License<\/strong><\/p>\n

This license is applicable for the business activities were the buying and selling of goods are practiced. It is issued for the retail or wholesale trade business types, hotels, contractors etc. Trade license are of two types basically, General trading or specific trading. These trading actions are restricted to their nature of business alone.<\/p>\n

Industrial License<\/strong><\/p>\n

It is applicable for the cases were the production and transportation of goods activities undergone business nature.<\/p>\n

\u00a0Professional License <\/strong><\/p>\n

It is used by the business types were the professional activities are involved like Engineering consultancies, Educational consultants, hospitality services.<\/p>\n

A professional license is issued to a natural or juridical person to practice any profession in which he depends on his physical or mental efforts rather than depending on a cash capital. This license is issued to practice certain professions such as engineering consultancy, other consultancy services and studies, auditing and accounting, business set up, company formation, medical and educational services and similar services<\/p>\n

Industrial Areas – Company Incorporation in Dubai<\/a><\/strong><\/p>\n

Licensing of the same shall be limited to the fields of sophisticated specialization not commonly provided by local engineering firms.<\/p>\n

Conditions for the company registration:<\/strong><\/p>\n