Commercial license in Dubai without a sponsor

In Dubai, obtaining a business license in Dubai without a sponsor is an important step for individuals seeking to start their business independently without the need for a local sponsor. This license provides individuals with the opportunity to develop their project and achieve their business goals with ease and flexibility. Dubai is an ideal environment for starting a business thanks to its advanced legislative policies and support for entrepreneurs.

A business license in Dubai without a sponsor can provide individuals with many advantages, such as independence in managing the business and making decisions, saving the time and effort that would be required to search for a local sponsor, and achieving a balance between work and personal life. Moreover, a business license without a sponsor can open the door to growth and expansion opportunities in local and international markets.

However, individuals wishing to obtain a business license without a sponsor must be fully aware of the necessary requirements and procedures. They should learn about the types of business licenses available and choose the one that best suits their business, as well as explore their options in terms of location, licenses and costs.

In short, obtaining a business license in Dubai without a sponsor is an important step for individuals seeking to achieve their dreams in the field of entrepreneurship and establishing a company in Dubai . This license provides them with the opportunity to start their business efficiently and confidently, helping them achieve success and sustainability in the business world in Dubai.

Commercial license in Dubai without a sponsor

Steps to obtain a commercial license in Dubai without a sponsor

Here are the steps to obtain a commercial license in Dubai without a sponsor:

• Market study and business activity selection: Before starting the process, conduct a detailed market study to identify available business opportunities and determine the business activity you would like to practice.
• Site selection and practical planning: Choose a suitable location for your new business, and develop a detailed business plan that includes the organizational structure, goals, and strategies.
• Consult legal professionals: Speak with a business lawyer for advice on the legal and regulatory procedures required to obtain a licence.
• Submitting a license application: Submit an application for a business license in Dubai to the Dubai Economic Development Department (DED). The application can be submitted online or directly at one of the DED offices.
• Submitting the required documents: Submitting the application may require some documents such as a passport, a copy of residency, a business plan, a lease contract (if the place is rented), and other documents depending on the type of business activity.
• Payment of Fees: Pay the fees required to process the license application. These fees must be paid in accordance with instructions issued by DED.
• Review and approval of the application: After submitting the application, it will be reviewed by the competent authorities, and upon approval, the commercial license will be issued.
• Picking up your license: Once your license is approved, you can pick it up at a DED office or request it to be delivered by mail.
• Updating the commercial registry: After receiving the license, make sure to update the commercial registry and register with all relevant authorities, such as the Tax Department, Social Insurance, and others.
• Starting Business: After receiving the license and completing all procedures, you can start doing your business in Dubai.

These are the basic steps to obtain a business license in Dubai without a sponsor. You should check the current legal and regulatory requirements and directives issued by the relevant authorities in Dubai before starting the process.

Related topics:  Ways to renew a commercial license in Dubai

Requirements for obtaining a business license without a sponsor in Dubai

If you want to obtain a business license in Dubai without a sponsor (also known as an independent business licence), here is a guide to the basic documents required:

1. License application form: The license application form required by the competent authority must be completed. This form can be obtained from the local trade office or from the Dubai Business Regulatory Authority.
2. Copy of the owner’s passport: A certified copy of the passport of the main owner of the company must be submitted. This copy must be current and valid.
3. Business and Financial Plan: A comprehensive business and financial plan must be submitted that explains the company’s objectives and expected financial and business strategies. This plan should include sales estimates, projected costs, and profit and loss projections.
4. Official Office Address: The company’s official office address in Dubai must be provided. This address could be an office space or commercial headquarters that is owner-owned or rented.
5. Investment Letter: You must submit an investment letter explaining the type of business you wish to engage in and how the capital will be invested.
6. Experience certificate: In some cases, you may be asked to provide an experience certificate in the commercial field in which you wish to work.
7. University degree certificate: In some cases, you may be asked to provide a university degree relevant to the business you wish to practice.
8. License fees: The required license fees must be paid to the competent authority in Dubai. These fees may vary depending on the type of company and its activity.

Please note that this is a general list and there may be additional requirements depending on the type of company and applicable laws and regulations in Dubai. Therefore, it is best to check the current requirements for obtaining a business license without a sponsor through the relevant authorities or seek the help of a legal advisor or professional accountant.

Commercial license without a sponsor

Costs of obtaining a business license in Dubai

The costs of obtaining a business license in Dubai without a sponsor vary based on several factors, including the type of business activity, location, financial size of the business, and current legal and regulatory requirements. However, a general estimate can be provided of the costs that may be involved in the process of obtaining a business license in Dubai:

1. Company registration fees: These fees include the costs of registering the company itself, which vary according to the type of company (sole proprietorship, joint stock company, limited liability company, etc.).
2. Agency or Law Office Services Fees: Individuals may need to hire the services of agents or law offices to assist in preparing documents and submitting applications, and this may involve additional costs.
3. Labor costs: There may be costs to employ employees to manage the business or implement operational plans, and these costs vary depending on the size of the business and requirements.
4. Rent and insurance costs: If office or commercial space is needed, costs will include rent for the space and associated insurance costs.
5. Commercial Registry and License Fees: There may be annual fees to renew the commercial license and licenses necessary to operate a business.
6. Government service fees: Fees must be paid to the relevant government agencies such as the Department of Economic Development in Dubai and others to process applications and provide services.
7. Legal and Financial Consulting Fees: If legal or financial advice is required, there may be additional costs to hire the services of consultants.

These costs and other potential expenses must be factored in when planning to obtain a business license in Dubai without a sponsor. Individuals wishing to establish a company or conduct business in Dubai should contact the relevant authorities to obtain an accurate estimate of the costs and requirements of their project.

Read also:  Steps to renew a commercial license in Dubai

Types of business licenses in Dubai

In Dubai, there are several types of business licenses that individuals can choose from depending on the type of business and business needs. Among these licenses:

• SOLE ESTABLISHMENT LICENSE: This license allows the sole business owner (natural person) to start and operate his business independently without the need for partners.
• LIMITED LIABILITY COMPANY – LLC license: Allows a group of partners to form a limited joint stock company, where shareholders are only responsible for specific amounts of capital.
• Private Joint Stock Company License: This allows a number of shareholders to form a joint stock company, where profits are distributed among the shareholders according to their shares in the capital.
• Branch Company License (BRANCH OF A FOREIGN/LOCAL COMPANY): Allows a national or foreign company to open a branch in Dubai to conduct business independently in accordance with its main activity.
• Partnership License (PARTNERSHIP): Allows partners to share responsibility, profits and losses in the company’s activity in certain proportions in accordance with the partnership agreement.
• Public Joint Stock Company License (PUBLIC JOINT STOCK COMPANY): Allows the public to participate in establishing the company and purchase its publicly traded shares on the financial market.

These are some of the common types of business licenses in Dubai, and the terms and requirements can change depending on the type of license and applicable legal legislation. It is important to check current laws and regulations and consult with a professional attorney before making any important business decisions.

Get a commercial license in Dubai

Obtaining a commercial license in Dubai without a sponsor

Obtaining a commercial license in Dubai without a sponsor is considered a crucial step for individuals and companies wishing to establish a company in Dubai or expand their business in the Emirate of Dubai. This procedure requires a number of important steps and precise details. First, an individual or company must plan the type of business activity they wish to engage in, and determine the legal and regulatory requirements required for that activity. In addition, the student should verify the availability of all documents necessary to submit the license application, which are such as a passport, a copy of residency, a business plan, a lease contract if the site is rented, and other documents depending on the type of business activity. Next, the individual or company must submit a formal application for the license to the Dubai Department of Economic Development (DED), submitting all required documents along with the approved fees. The application is reviewed and processed by the competent authorities, and if approved, the commercial license is issued.

It is worth noting that individuals or companies can request the assistance of legal consulting offices or specialized services to facilitate the process of obtaining a license and ensure their effective representation before the competent authorities. After obtaining the license, the individual or company must update the commercial registration and adhere to all legal and regulatory obligations to maintain the integrity of the business and avoid potential problems in the future. In conclusion, it can be said that obtaining a commercial license in Dubai without a sponsor requires adherence to certain procedures and dealing professionally and responsibly to ensure the success and continuity of the business in the local market.

Topics that may interest you:  Opening a commercial register in the Emirates

Changing my business activity after obtaining the license

After obtaining a business license in Dubai, business activity can be changed in some cases, but certain procedures must be followed to ensure compliance with local laws and regulations. Here are general steps to change business activity after obtaining the license in Dubai:

1. Submitting a request to change activity: The employer must submit a formal request to change work activity to the Dubai Economic Development Department (DED). The application must be submitted with all necessary documents according to the specified procedures.
2. Submitting documents: The process of changing activity may require submitting new or updated documents, such as a modified business plan or lease if the business location changes, and other documents as the case may be.
3. Paying the required fees: The process of changing the activity may require paying additional fees according to the required amendments and requirements specified by the Department of Economic Development.
4. Application review and approval: The application to change the activity is reviewed and studied by the competent authorities in the Department of Economic Development, and if approved, the necessary changes are made to the license.
5. Updating the commercial registry: After approving the request to change the activity, the employer must update the commercial registry and amend all documents and commercial advertisements in line with the new activity.
6. Compliance with new legal regulations: Once the activity changes, the employer must comply with all new legal regulations and regulations that may apply to the new activity.

It is worth noting that it is necessary to adhere to all legal and regulatory procedures specified by the local authorities in Dubai , and legal consulting offices or administrative services can be consulted to obtain the necessary assistance during the process of changing the business activity.

Obtaining a commercial license

Itqan Company services for issuing a commercial license in Dubai

Itqan Company provides a comprehensive range of services for issuing a commercial license in Dubai without a sponsor, and aims to facilitate the process of obtaining the license and provide the necessary support to customers during all steps. Here are some of the services provided by Itqan Company in this regard:

1. Legal and financial advice: Providing comprehensive advice on the legal and financial procedures related to issuing a commercial license in Dubai, including requirements, necessary procedures, cost analysis, and financial planning.
2. Arrange documents: Assist clients in assembling and arranging all necessary documents required to submit a license application, including editing and formatting documents in a manner consistent with legal requirements.
3. Submitting applications: Submitting commercial license applications to the competent authorities in Dubai, following up on progress and processing applications effectively and quickly.
4. Follow up procedures: Follow up on all procedures and stages taken by the competent authorities in processing the license application, and provide support and assistance in the event of a need for amendments or additions.
5. Post-license support: Providing support and advice after obtaining the licence, including updating the commercial register and complying with subsequent legal obligations.
6. Administrative services: Providing various administrative services such as arranging meetings, managing correspondence, and arranging appointments to ensure smooth workflow.

By choosing Itqan Company to issue a business license in Dubai without a sponsor, customers can rest assured that they will receive the necessary support and assistance during all stages of the process, ensuring that it runs efficiently and successfully.

The most important frequently asked questions about a commercial license in Dubai without a sponsor