5 Essential Documents For A Mainland Trade License
Securing a mainland trade license in Dubai is a vital step for establishing and operating a business within the emirate’s mainland. To facilitate a smooth application process, it is important to gather and submit the necessary documents. Get information about essential documents required for obtaining a mainland trade license Dubai:
Completed trade license application form:
The primary document required for a mainland trade license is the completed trade license application form. This form can be obtained from the Dubai Department of Economic Development (DED) or its online portal. The application form requires detailed information about the business, including its name, type, and nature of activities. Accurate and thorough completion of this form is key for the successful processing of your license.
Passport copies of business owner(s) and any partners:
A copy of the passport(s) of the business owner(s) and any partners involved in the business is essential. These copies should be clear and valid, reflecting the identification details of all key individuals. If the business is owned by multiple partners, each partner’s passport copy must be provided. For expatriate owners, a valid residence visa may also be required.
No-objection certificate (NOC) from sponsor:
For expatriate business owners, obtaining a No- objection certificate (NOC) from their local sponsor is necessary. The NOC is a formal document stating that the sponsor has no objections to the expatriate establishing and operating a business in Dubai. This certificate is required to ensure compliance with UAE regulations concerning foreign business ownership and sponsorship.
Tenancy contract for office space:
A valid tenancy contract for the business premises is a mandatory document. This contract must be in the name of the business and should clearly state the location and duration of the lease. The premises must meet the DED’s specifications, and the contract should be attested by the Dubai Land Department if required. This document demonstrates that the business has a physical office space, which is a regulatory requirement for mainland licenses.
Business plan:
An inclusive business plan is required to outline the business’s objectives, activities, and operational strategies. The business plan should detail the scope of the business, target market, financial projections, and organizational structure. This document helps the DED assess the feasibility and viability of the business and ensures that it aligns with local regulations and economic policies.