What is the difference between industrial license and commercial license

This is almost impossible to establish a business without a business license in Dubai. That being stated, based on the nature and objectives of your business, you will have to find the right business license for your venture. Based on some major factors, you can apply for either a commercial, professional, or Industrial License In Dubai. If you are looking to establish your business in this emirate want to get a business license, the easiest and best way is to communicate with the Start Any Business UAE consultants who will provide you with complete guidance on the right business activity and help you in getting a right business license in Dubai without any obstacle.

The processes included in getting a business license in Dubai include completing different official formalities. And the very crucial is to get approval from the relevant government official such as the Department of Economic Development and submit the necessary documents. These processes are very simple but can be confusing based on your business activity and your selected jurisdiction. In addition, a first-time investor can locate it a little difficult to complete the tasks without outside assistance. A wrong move or improper paperwork or lack of understanding of the formalities can also cost you valuable time.

Start Any Business UAE team of professional consultants has years of experience in supporting and helping businesses, setup business groups, and startups forming a business in this emirate. The consultants provide you with precise guidance about the business license you need to apply for depending on your special business activity. They act as a bridge between the customers and the government officials to facilitate effective communication between the two parties.

Industrial License in Dubai 

For all industrial and manufacturing activities operating in Dubai and the UAE, an industrial license is required. Many business activities are covered under the industrial license. Most of them are in the manufacturing, construction, and production sectors in Dubai. The industrial license in UAE is the most demanding business license. Business people are setting targets to open a business in Dubai and the UAE with large capital investment by getting an industrial business license. This helps them to set up small- and large-scale industries based on the requirements of their business. Dubai has got strong business infrastructure with amazing official features and a transport connection with global cities daily through sea, land, and air. Business people can select from a broad range of business activities and company formation package for an industrial entity in Dubai.

The sophisticated and well-maintained airports and seaports in Dubai effectively meet the developing requirements of the industrial field. The industrial field uses this logistics benefit in the best possible way. The transport of raw materials, appliances, machinery and commodities, and all other allied activities can be carried out seamlessly and in a cost-effective way. Over the past decade, the industrial field of Dubai has seen a development of 31% and is projected to achieve modest growth by 2027. Dubai saw industrial growth by 6% over the past decade and is the main contributor to GDP. Water, electricity, gas, mining, quarrying, and manufacturing are the main industrial domain of Dubai.

Benefits of an Industrial License in Dubai 

Here are the benefits of having an industrial license in Dubai. If you want to avail of these benefits in an easy manner, then get in touch with the Start Any Business UAE professionals who will help you regarding the same.

 

  • Advanced manufacturing and industrial infrastructure
  • Invite more investments
  • No personal or corporate taxes for the capital you make
  • Renewal of your industrial license is very cost-effective.
  • Generate more business opportunities
  • Conditions for letting out an industrial space specially designed for advantage the business people
  • The government would give land at a subsidized price or free of cost to set up your venture.
  • Discounted rates for water, electricity, and other important needs.
  • Guidance depending on similar industries modalities to grow your industry.
  • If your product is expected to strengthen the national economy, the government would assist you financially throughout the course of R&D.
  • Innovative products can be availed at low rates.
  • Exceptional quality products would be provided priority by the government of the UAE throughout the official procurement.

Commercial License in Dubai 

A commercial license in Dubai is granted to a business in connection with any kind of commercial activity. Both general traders and specialized traders can take commercial licenses in Dubai. Retail companies, real estate companies, construction companies, and other general units are also required to get a commercial business license in Dubai. A commercial license permits you to trade, export, and imports products, along with sell certain services as well. For a number of reasons, the commercial license is very common in the UAE. For starters, Dubai is renowned across the globe for its spectacular, strategic business location, surrounded by huge markets in Asia, Africa, Europe, and the Middle East. The UAE is an extremely famous cargo company because of its many international airports and direct access to the Persian Gulf.

Benefits of a Commercial License in Dubai 

Most overseas business people are unaware that getting a  Commercial License In Dubai  would give many benefits to those setting up a business in Dubai. several of the advantages are gives as –

  • If used in a free zone, tax exemption and free repatriation of income to the overseas business people’s home country are available.
  • Possibility of incorporating Dubai’s business into overseas business.
  • The companies with a commercial business license can be headquartered in any portion of Dubai.
  • A commercial license in Dubai permits businesses to sell multiple goods.
  • This simplifies the process of obtaining work visas for overseas citizens.
  • The companies with a commercial business license don’t need to go through audits to expand their business licenses.

The commercial license makes them capable for a business on the mainland of Dubai to operate their functions and sell products and services in the other emirates of the UAE and outside the UAE. one of the lesser recognized factors of the commercial business license is that it provides facilities of international worker visa entry, permitting businesses to recruit a huge number of overseas employees. This is easiest to get a commercial license than undertaking the procedure of getting specific permits for some activities.

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