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Trade License

You will require a Department of Economic License

Consult Me Business Center will advise on procedures and associated costings required when applying for and obtaining your trade license from the Department of Economic Development (DED)
Outlined below are typical examples to secure a (Professional License) or (Commercial LLC License). Prices quoted are estimated as per DED tariffs and may be subject to change

Professional License

Option 1

Sole Proprietorship - Limited to two Proprietors
Certain trade Licenses can be issued under the professional sector
This option allows 100% ownership of the trade license and your sponsor will act as a service agent only.

All fees indicated are paid as per DED Tariffs and may be subject to change

Cost Break Down Professional License
Single Proprietor
One time Fees
Government Fees
Initial Approval               240 AED
Name Approval               740 AED
Typing of MOA                500 AED
Notarization MOA   1,650 AED


Total    Approx (3,130 AED) Total one time fees

Trade License and  partner visa charges (approx)

Trade License         7,000 AED**(renewed Yearly)
Partners Visa         7,000AED     (Renewed  3 years)

**License fee depends on Activity

Other Fees Yearly

DED Market Fees 5% of Annual Rent

Other Possible Charges

Additional Partner on Trade  License
3,000 AED  renewed Yearly
Foreign Name Trade License
2,000 AED renewed Yearly




Commercial LLC License

Option 2

Sole  Proprietorship - Multi Proprietors allowed
That fall's outside the professional  license category if you require more than two partners
You will effectively own 100% of the license but there would be  additional fees involved for the legal process.
All fees indicated are paid as per DED Tariffs and may be subject to change

Cost Break Down  Commercial LLC License
Single Proprietor
One time Fees
Government Fees
Initial Approval               240 AED
Name Approval              740AED
Typing of MOA                500 AED
Notarization MOA     1,850 AED
Arabic Contract              575 AED

Total    Approx (3,905 AED) Total one time fees

Trade License and  partner visa charges (approx)

Trade License         9,000 AED**(renewed Yearly)
Partners Visa         7,000AED     (Renewed  3 years)

**License fee depends on Activity

Other Fees Yearly
DED Market Fees 5% of Annual Rent

Other Possible Charges

Additional Partner on Trade  License
3,000 AED  renewed Yearly
Foreign Name Trade License
2,000 AED renewed Yearly

Frequently Asked Questions

Why a Business Center ?

To secure a trade license you will require an office to secure government approval to trade. Business Center's offer a practical solution when looking for affordable office space to set-up your business.