Are you contemplating setting up a business in Dubai but feeling daunted by the procedures?
Fear not! In this comprehensive guide, we’ll guide you through the intricacies of acquiring a Dubai instant business license, providing invaluable insights and expert guidance to simplify the process and facilitate a smooth and efficient business setup experience. Whether you’re interested in LLC company registration in Dubai or seeking assistance from business setup consultants, we’ve got you covered.
The DED Instant License has been introduced by the Dubai Department of Economic Development to streamline and accelerate the process for foreign investors looking to set up their businesses in Dubai.
With its remarkable diversity, Dubai stands out as a premier destination within the UAE, drawing in foreign businessmen and investors alike with its wide array of ventures and abundant business opportunities. In response to the evolving landscape and the increasing need for smooth market entry this license will help foster a conducive environment for business growth and development.
As the name suggests, an instant license means that you receive your trade license in a much shorter window of time. Most of the other procedures that are associated with a traditional business license need only be done after receiving the instant license.
Experience swift approval within the same day of application, ensuring minimal waiting time.
Experience the efficiency of completing the entire licensing process in just 10 minutes, saving valuable time and effort while ensuring swift business setup.
Enjoy the flexibility of applying conveniently online or in person, based on your preference and convenience. With the option for online application, you can initiate the process from anywhere, streamlining the business setup procedure further.
Start your business operations promptly upon receiving the license, without any unnecessary delays.
Enjoy the flexibility of working from a virtual space for the first year, reducing overhead costs associated with physical office spaces.
Benefit from lower startup costs, facilitating easier entry into the market for new businesses.
Begin small, operate from home, and expand your business at your own pace, aligning with your evolving needs and goals.
Experience flexibility in branding as there is no obligation to register your trading name in the first year, allowing for exploration and experimentation with different branding strategies.
Skip the Memorandum of Association (MOA) requirements for the initial business year, simplifying the setup process.
By meeting these eligibility criteria, you can apply for and obtain a Dubai Instant Business License, facilitating a streamlined and expedited process for establishing your business in Dubai.
For further clarification on the eligibility criteria specific to your business, do not hesitate to reach out to BizVisor today.
LLCs, sole proprietorships and civil companies can apply for an instant license. Businesses conducting approved DED instant license activities will find the setup easy as these do not require additional approvals and paperwork. The Bizvisor team will assist you in identifying if an instant license is a good fit for your business.
This ID serves as your gateway to access the Dubai Smart Government services, including the application process for a Dubai instant business license. These are the credentials you can use to log in to the Dubai Economic Development Department’s online portal.
Select the appropriate legal structure for your business, such as LLC (Limited Liability Company) or sole proprietorship, based on your business needs and preferences.
Choose your business activity from the available list provided by the Dubai Economic Development Department.
Clearly define the shareholding structure of your company, indicating the ownership distribution among partners or shareholders.
Select three trade name options for your business. Ensure that the chosen names comply with the UAE’s naming conventions and are available for registration. Calculate the required share capital for your business setup.
Fill out the instant trade license application form with accurate details and information regarding your business activities, shareholding structure, and trade name preferences.
This step is crucial for a smooth and efficient application process. These may include passport copies, UAE residence visa copies, Emirates ID copies, and any other relevant documents as per the requirements. View our documents section below for more details.
When you complete the application, you’ll receive a payment voucher. This step ensures that all necessary fees are settled, completing the process for your Dubai instant business license. This step ensures that all necessary fees are settled, facilitating the completion of your Dubai instant business license application.
Your instant license will be issued upon completion.
When applying through the DED’s service platform, only your original Emirates ID is required to initiate the application process.
However, if you opt to apply through a Service Centre, Happiness Lounge, or Smart Lounge, additional documents are necessary. These include:
While being a cost-effective alternative to traditional processes, there are still a few associated expenses investors must be mindful of. The overall cost for obtaining instant support in Dubai usually falls within the range of AED 12,500 to AED 28,500. These expenses cover trade name registration, initial approval, visa application, virtual office rent, and the license itself.
Dubai offers ample incentives and advantages for aspiring entrepreneurs. From its strategic location and tax-free policies to its advanced infrastructure and supportive business environment, Dubai provides a conducive platform for business growth and success. With its bustling economy, strategic geographic location, tax free benefits, advanced infrastructure, and government support, the city provides an ideal environment for business growth and success.
You can be part of that success story by setting up your company in the city. Read more about how to register a company in Dubai, or alternatively, if you’re planning to set up a limited liability company, read our step-by-step guide on how to start an LLC in Dubai.
Embark on your entrepreneurial journey in Dubai by obtaining your instant business license. With streamlined procedures and expert assistance from BizVisor, you can establish your business efficiently and start operating in the vibrant Dubai market. Contact us to see how our expert team can help you.
Dubai’s instant business license offers a convenient and efficient way for entrepreneurs to establish their ventures in the vibrant UAE market. With its streamlined process and numerous advantages, it’s an excellent option for those looking to dive into the Dubai business scene.