The corporate sector in the United Arab Emirates is growing fast. With the rapid growth in the business world, getting a license to start a new business is important. The UAE offers licenses in different industries, such as import and export, freelancing, manufacturing and housekeeping.
Our consultants at Dubai Visa and Investment Centre will assist you in getting an industrial license in Dubai.
An industrial license is for businesses that convert natural resources or raw materials into finished goods. This production can be done mechanically or manually, and start with semi-manufactured or raw materials.
The most common business activities for people with an industrial license are production, accumulation, segregation and packaging. The Dubai Department of Economic Development (DED) issues the industrial license. However, the Dubai Municipality and other authorities and ministries must approve the license issuance.
People working in the manufacturing industry must get an industrial license. The following are some industries under this category.
Ensure you meet the requirement mentioned below before applying for an industrial license.
The business needs a local service agent (LSA) who will help with the legal formalities to get the industrial license in the UAE. This is a compulsory requirement. If you work with an LSA, you will still have 100% operational and business ownership.
Before applying for an industrial agent, you must have a warehouse and physical office in Dubai. A virtual office is unacceptable.
Getting an industrial license in the region where you will conduct the business is necessary.
The company’s capital must be at least Dh 250,000
Applying for an industrial license in a freezone or on the mainland will determine its cost. You will consider the cost of additional registrations and permits, including the cost of leasing the space and trade license. An industrial license is about 35,000.
The industrial license allows you to conduct industrial business activities. This also offers other benefits that make it popular among investors and entrepreneurs.
These benefits include:
The UAE authorities have granted some rights to companies with industrial licenses. These rights aim to increase investment and encourage industries. The privileges of getting an industrial license include
The government has mandated industrial license holders to carry out some duties. You must adhere to these obligations to prevent consequences and ensure the smooth running of the industry.
If you have approval for the project, you must build your industrial workspace within six months.
Contact Dubai Visa and Investment Centre today at 971 544563095 to have our consultants help you get an industrial license for your business. You can also locate us at Office No. 4108, 41st floor, Churchill Tower, Business Bay, Dubai, United Arab Emirates.
The UAE industrial license in UAE is a requirement for companies that want to conduct industrial business activities in the UAE. These activities may include exporting finished goods, importing raw materials, transporting, assembling, packaging and manufacturing. The industrial trade license can help you convert natural resources and raw materials into products. You can sell the products internationally or within the UAE.
The Department of Economic Development in Dubai handles the registration of new businesses and the issuance of business trade licenses on the mainland. If you want to set up an industrial business on the mainland, you need an industrial license from the DED.
However, if you want to set up the business in Dubai freezones, you will get the industrial license from the concerned freezone authority.
The industrial license aims to regulate the UAE industries, so anyone who wants to start a company to perform industrial business activities will need an industrial license. Any foreign or local investor or entrepreneur can get an industrial license to perform business activities in the city.
The cost of an industrial license in the UAE depends on your decisions and business. For example, setting up a business on the mainland costs more than setting you a business in a freezone.
However, the freezones have some limitations that don’t affect the mainland. You will spend about AED 25,000 to get an industrial license in the UAE.